BRICS’s New World Reserve Currency will Challenge the US Dollar’s Dominance
Around 24 nations around the globe are currently working on joining a new international alliance called BRICS. The alliance started between five nations, namely Brazil,...
Cambridge Set to Track Ethereum Energy Data Alongside Bitcoin
Cambridge Centre for Alternative Finance (CCAF) is set to unveil a new height to track energy consumption. The change aims to align with Ethereum's usage...
Court Orders South African Bitcoin Trading Firm to Pay $3.4 Billion in Penalties for Forex Fraud
Commodity and Futures Trading Commission has recently churned out the biggest and heaviest fine on an operator for illegal Bitcoin dealings. As per the allegations...
Coinbase Launches Vigorous Response to SEC’s Wells Notice
The San Francisco-headquartered crypto exchange submitted a counter-response to the Wells Notice served by the US Securities and Exchange Commission (SEC). Coinbase's statement conveyed on...
Hong Kong Regulators to Issue Cryptocurrency Exchange Guidelines in May
The biggest financial regulatory agency in Hong Kong is the Securities and Futures Commission which oversees the native stock market. At present, where the cryptocurrency...
P2P Marketplace Etherisc Rolling Out Depeg Insurance to Protect USDC Holders
Etherisc customers are set to benefit from a depeg insurance coverage that the peer-to-peer (p2p) marketplace is rolling out to safeguard against losses. Etherisc is...
New Report Shows Russia Becomes the Second-Largest Crypto Mining Hub After the US
New data projections concerning the total number of hash rates in the world are pointing to a visible change in the pattern. These projections entail...
Paxful CEO Says He Will Not Escape with Funds Before Resignation
Ray Youssef, a Bitcoin marketplace called Paxful’s co-founder, has claimed that the company will be administered by a custodian. In addition to this, he also...
OpenAI’s CTO Admits the Need to Involve Government Regulators’ Oversight in AI
A top-ranked executive at OpenAI admitted the need to involve government regulators when designing and implementing oversight over artificial intelligence projects. Mira Murati, who currently...
Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...