South African Minister Tells BRICS Nations Not to Rush Decision on Common Currency
11.5.2023
The South African minister of international relations, Naledi Pandor, has urged Brazil, Russia, India, China and South Africa (BRICS) countries to be wary of making a hurried decision when they meet in August to discuss launching a common currency. Pandor said her country will “not shy away...
Binance looks to the UK for regulation amid US crypto crackdown
11.5.2023
Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the U.S
Can artificial intelligence create more jobs?
11.5.2023
Despite negatively impacting the labor market, there are many reasons to think AI will eventually contribute to creating new jobs and economic growth
Bitcoin fees plummet 95% as BTC price recovers from US gov't scare
11.5.2023
Bitcoin was not subject to U.S. government selling this week, analysis shows, but BTC price action remains pressured
Big Eyes Coin shines in meme coin season while investors fear Coinbase crash
11.5.2023
The crypto market has been on a rollercoaster ride over the past few weeks. Increased US regulation and scrutiny have had a major impact on the market, and Coinbase has become the most recent target of regulatory pressure. Uniswap has overtaken Coinbase by trading volume for two months running...
Pepe Slips But $NOMEME Pumps 700% After Elon Musk Milady NFT Tweet
11.5.2023
NoMeme ($NOMEME) Token was launched shortly after Elon Musk tweeted a Milady NFT image and its price pumped 700% in its first hour and a half of existence.
The new coin is now trading at $0.0003025 on decentralized exchange Uniswap, quickly amassing a trading volume of $30 million.
$NOMEME...
IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability
11.5.2023
The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender said monetary authorities should consider...
Brazilian Probe Unearths ‘Money Laundering’ at ‘Obscure’ Crypto Exchange – Militias Turning to Crypto?
11.5.2023
A notorious Brazilian militia group reportedly moved thousands of USD worth of money and coins through an “obscure” domestic crypto exchange.
Per reports from O Globo and Portal do Bitcoin, the Public Ministry of Rio de Janeiro (MPRJ) believes that the Tandera Militia “laundered money” through...
EY Announces Ethereum-Based Carbon Credit Traceability Platform – How Does it Work?
11.5.2023
One of the 'Big Four' accounting firms Ernst & Young (EY) announced that its Ethereum (ETH)-based platform for enterprises to track their carbon emissions and carbon credit traceability is now available in beta version.
According to the latest press release, the company's EY OpsChain ESG...
Qoda is presently positioned live on Moonbeam
11.5.2023
Qoda is presently positioned live on Moonbeam, which is a smart contract to create cross-chain-linked applications that can connect with users as well as assets and services on every chain. The Qoda protocol, on the other hand, is a decentralized loan exchange that has been duly created on...
Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support – What is the Next BTC Target?
11.5.2023
The Bitcoin market has recently shown notable resilience, with bulls successfully maintaining the price above the crucial $27,000 support level.
This development has sparked renewed curiosity and speculation among investors, traders, and analysts alike, leading to the inevitable question: What's...
FTX Bankruptcy Sees $44 Billion Claims from U.S. Internal Revenue Service
11.5.2023
The US Internal Revenue Service (IRS) has filed tax claims worth a staggering $44 billion against bankrupt crypto exchange FTX and its affiliated entities.
According to recent bankruptcy filings, the IRS has put forth a total of 45 claims against FTX companies related to unpaid taxes which could...