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Let's Explain The Spider-Verse Joke That Went Over Everyone's Head
14.6.2023
While many of the quippy jokes and tangential references in Spider-Man: Across the Spider-Verse landed with moviegoers, one particular blink-and-you’ll-miss-it gag managed to swing its way right over some viewers’ heads. In the spirit of explaining a joke, thus making its farcical nature all...
Latam Insights —Tether to Start Bitcoin Mining Operations in Uruguay; Lula Proposes Abandoning US Dollar
5.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Tether announces a sustainable Bitcoin mining project in Uruguay, Brazil’s President Lula proposes a shift away from the U.S. dollar, and Argentina...
Crypto Traders Need to Pay Attention to Chinese Yuan
31.5.2023
The Chinese yuan has declined by 2.7% against the U.S. dollar this month, while bitcoin has dropped by 7.3%
Chinese Autonomous Region of Guanxi to Adopt Digital Yuan in Push for ASEAN Trade Integration
20.5.2023
The Chinese autonomous region of Guanxi, located in the south of China, will implement a wide adoption plan for the digital yuan, that includes a push for using it as a trade currency with countries part of the ASEAN bloc. This pilot plan looks to be part of the experimentation to step up the usage...
Elon Musk Net Worth and Crypto Holdings Revealed – Richest Man in The World?
17.5.2023
Billionaire Elon Musk is widely regarded as one of the world’s most successful entrepreneurs and businessmen in the world.
He is the founder and CEO of SpaceX, angel investor and CEO of Tesla, owner and CEO of Twitter, founder of The Boring Company and co-founder of Neuralink and OpenAI....
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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
China Pushes Digital Yuan for Wage Payments in Changshu
25.4.2023
Changshu, a city in China with more than 1.5 million inhabitants, will pay public workers’ wages with the Chinese central bank digital currency (CBDC), the digital yuan. The move marks an acceleration of the adoption plans that Beijing has for the digital currency, which has been included...
Report: Nigeria-China Currency Swap Agreement Fails to Ease Pressure on the Naira
16.4.2023
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria...
China Keeps Stockpiling Gold, Adds 18 Tons in March to Reach 2,068 Tons in National Reserve
10.4.2023
The People’s Bank of China (PBOC) reported an increase in the country’s gold reserves of 18 tons in March, continuing its buying spree. China has consistently added to its gold reserves since November, purchasing more than 100 tons in the last five months. The Asian state now has 2,068...
Jake Paul Net Worth and Crypto Holdings Revealed – Young Billionaire in the Making?
28.3.2023
Jake Paul, a former Disney channel star and YouTuber turned professional boxer, has made a big name for himself in the world of business and finance.
His massive career earnings and interest in crypto investing have attracted a great deal of attention from both fans and critics alike, leading...
Andrew Tate Net Worth and Crypto Holdings Revealed – Billionaire or Not?
10.3.2023
Andrew Tate, a former kickboxing champion turned entrepreneur, has made a name for himself in the world of business and finance. His net worth and crypto holdings have attracted a great deal of attention from both fans and critics alike, leading to speculation on whether he is a billionaire...
Prosecutors Voice Concern Over Bankman-Fried's Use of VPN
14.2.2023
US prosecutors have expressed concern over Sam Bankman-Fried's use of a Virtual Private Network (VPN) to access the internet while under house arrest....
Read More: Prosecutors Voice Concern Over Bankman-Fried's Use of VPN
House Republicans Demand Answers From SEC Over FTX Co-Founder’s Arrest
12.2.2023
On Feb. 10, 2023, Republicans Patrick McHenry of North Carolina and Bill Huizenga of Michigan, both members of the U.S. House of Representatives, sent a letter to Securities and Exchange Commission (SEC) chairman Gary Gensler seeking answers about the arrest of FTX co-founder Sam Bankman-Fried...
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
11.2.2023
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following...
Robert Kiyosaki Says He Likes Bitcoin — Calls BTC ‘People’s Money’
6.2.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says he likes bitcoin, calling the cryptocurrency “people’s money.” While admitting that he does not know much about bitcoin, he said: “I’m just glad I bought it at six.” Robert...
China's Hainan to boost NFT oversight as digital yuan trial ramps
31.1.2023
Hainan's market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior
Former UK Prime Minister Boris Johnson Received £1 Million Donation From Thai Crypto Investor
17.1.2023
Former UK prime minister Boris Johnson received a £1 million donation from a Thailand-based cryptocurrency investor, parliamentary documents have revealed.
The register of interests, published on Friday 13 January, showed that Johnson's company Boris Johnson Ltd., received the donation from...
Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’
22.11.2022
During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also...
State-Run Chinese Newspaper Economic Daily Warns Against ‘Betting Big’ on the Metaverse
10.11.2022
Economic Daily, an economic newspaper run by the Chinese state, has published an article noting problems with investing in the metaverse. The article says that metaverse investments might not be suitable for all regions of the country, comparing the trend to the explosion of new green energies...
Chinese Central Bank Governor: User Privacy and Financial Security Key Principles Guiding CBDC Design Process
2.11.2022
According to Yi Gang, governor of China’s central bank, the process of designing the country’s digital currency is premised on two principles, the protection of user privacy as well as ensuring “financial security.” To achieve this, the central bank’s role will...