The BRICS countries, comprising Brazil, Russia, India, China, and South Africa, have surpassed the G7 nations in economic might. When purchasing power parity is considered, these nations hold the top spot and form the largest global gross domestic product (GDP) bloc. The new, better world! BRICS countries led by China
The direction of American consumer activity has been closely watched by economists. Who were waiting for today’s data to see what they reveal. The latest Gross Domestic Product (GDP) Report confirms that the U.S. economy grew at an annualized rate of 2.9% in the fourth quarter, above analysts’ estimates. The
Concerns over a potential economic downturn are sure to rise in light of these figures. According to the World Bank, a severe recession in the global economy is possible. The GDP in the UK has contracted by 0.3%, which is a surprising result. The Office of National Statistics’ monthly estimates
National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75 basis points on Wednesday. The GDP of the United States fell for the second time in a row in the most recent quarter. The US Bureau of Economic Analysis (BEA)
The recent trading volatility in the crypto industry is evident from the actions of prominent cryptocurrencies. The spike in cryptocurrency prices post the recently concluded Bitcoin Halving event, however, is evidence that investors praised the event. The market is now experiencing a period of Bitcoin halving euphoria, and investors are
Regulators in Portugal have spoken out against Worldcoin, Sam Altman’s artificial intelligence (AI) cryptocurrency project, and are investigating its data collecting efforts throughout the country. This is a major setback for the project. This setback experienced by a prominent AI-based cryptocurrency project quickly captured the attention of the whole globe,
In response to an order by Spain’s data protection regulator, AEPD, to cease personal data collecting in the country or utilize the previously gathered data, Worldcoin—an iris biometric crypto project co-founded by OpenAI CEO Sam Altman—has launched a lawsuit against Spain. On March 8, TechCrunch reported that Tools for Humanity,
Tokn1, a leading player in the realm of Digital Securities, has achieved a significant milestone by obtaining a comprehensive license from Salvadoran authorities. This achievement places Tokn1 in an elite category, making it one of the pioneers in the world of regulated Digital Securities emissions, offerings (DSOs), and global trading.
The cryptocurrency market is always in flux, presenting fresh challengers to traditional powerhouses. Among layer-1 blockchains, Cardano (ADA) and Solana (SOL) have been at the forefront. Yet, an emerging contender, Pandoshi (PAMBO), is showing considerable promise to outshine these established networks. Pandoshi’s Unique Value Proposition Pandoshi was created to embody
Paris, France, January 26th, 2024, Chainwire Twentysix Cloud is an all-in-one, decentralized cloud marketplace, powered by aleph.im’s Decentralized Physical Infrastructure Network (DePIN). This launch marks a significant step in bridging decentralized cloud solutions with the growing demand for computing resources. Aleph.im announces the launch of its innovative hub. Twentysix Cloud
