The largest city in China, Shanghai, has released a framework for a five-year development plan on blockchain infrastructure. The plan, covering the years 2023 to 2025,...
US Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) sent a letter to Apple CEO Tim Cook, expressing concerns about the company’s App Store guidelines and...
Amid the recent turmoil in the private markets, Silicon Valley-based venture capital firm Sequoia Capital has been forced to retrench and make significant changes to its...
Chengdu Nationstar Aerospace Technology Co., Ltd., known as Nationstar Aerospace, has achieved a remarkable feat in space technology as the “Tai’an” (Star Era-16) satellite was successfully...
The Shanghai government has issued new guidelines to encourage the adoption of blockchain, the metaverse, and digital yuan in various industries across the city. Market participants...
Kuwait, a country located in the oil-rich Persian Gulf, has recently announced a complete prohibition on virtual assets as a form of payment or investment. This...
In a newly unsealed report, BlockFi Inc. executives are accused by creditors of disregarding repeated warnings from the risk management team regarding substantial loans issued to...
During the WEF’s Annual Meeting of the New Champions in China, Professor Eswar Prasad, author of “The Future of Money: How the Digital Revolution Is Transforming...
At the WEF’s Annual Meeting of the New Champions in China, Professor Eswar Prasad, author of “The Future of Money: How the Digital Revolution Is Transforming...
The US dollar became the king of global currency after World War II at the 1944 Bretton Woods Conference, where forty-four countries agreed to the creation...
For a long time, the global financial system has been dominated by central banks and commercial banks. The central banks issue money to the commercial banks,...
When it comes to establishing a business or introducing a technological product, recognizing the demographics you are targeting becomes crucial. This is because various cultures have...
During the Annual Meeting of the New Champions organized by the World Economic Forum in China, Jeremy Allaire, Co-Founder and CEO of Circle Internet Financial, made...
When Bitcoin and Ethereum emerged on the scene, they captured the attention of a select few. However, the subsequent rise in the popularity of cryptocurrencies has...
HSBC sends an application for a metaverse trademark. The HSBC Innovation Banking trademark application was filed on June 12, 2023, as part of the financial institution’s...
An Ethereum developer has sent a proposal for the blockchain to have a new maximum balance for validators. According to Michael Neuder, the front line proponent...
The global economy has undergone multiple transitions, each characterized by the implementation of various monetary policies and structures. These endeavors have been motivated by the objective...
Bitcoin mining has grown into a huge industry over the past ten years. The Bitcoin mining industry generates approximately $56 million on average every day. While...
In this week’s edition of the crypto news, we’re breaking down WhiteBIT’s recent expansion into Nigeria, the Central Bank of Nigeria’s response to naira devaluation claims,...