The BRICS nations are moving on with their plan of currency sufficiency scheme by exploring the possibility of creating their own autonomous payment system. Amelia, a crypto aficionado, was the first to notice a research paper claiming that Russian President Vladimir Putin had declared the bloc’s alternative currency plan to
Yat Siu, co-founder of Animoca Brands and Michael Novogratz’s Galaxy Digital, has tokenized a 1708 Stradivarius violin in order to secure a loan in the multi-million dollar range. Siu allegedly borrowed money from Galaxy on June 4 for an undisclosed amount, using his 316-year-old violin as security. In order to
The onset of 2024 brought with it the hype of an impending bull run, embracing a diverse range of participants including new explorers, established institutions, and investors. Events starting from the debut of spot Bitcoin ETFs in the US, BTC’s new ATH at $73K, Ethereum’s Dencun, memecoin frenzy, and Bitcoin
Reports indicate that US federal authorities are looking into Block, Inc., Jack Dorsey’s fintech startup, after the disclosure of papers by a whistleblower that claimed the company’s payment divisions, Square and Cash App, were involved in extensive and persistent compliance breaches. According to NBC News’ May 1 report, a former
In this insightful interview, we delve into the journey and achievements of Coinstore, a leading cryptocurrency exchange in Asia with a global presence. Over the past three years, Coinstore has solidified its position in the market, boasting a diverse product lineup that caters to the evolving needs of traders and
Ethereum-based restaking protocol EigenLayer unveiled the 43-paged whitepaper of its upcoming token EIGEN on Monday, confirming the airdrop and introducing the new mechanisms — “intersubjective” forking and staking. Launching EIGEN token’s prime purpose is to uphold the ecosystem’s Actively Validated Services (AVSs) security. Significantly, the unique and complex mechanisms are
With global tensions on the rise and the Israel-Iran confrontation escalating once again, the price of Bitcoin is under heavy selling pressure and is falling below $62,000. The price of bitcoin has slightly rebounded since then and is now trading at roughly $64,058. Notably, Bitcoin naysayer Peter Schiff has forecasted
The year 2024 is shaping up to be a game-changer in many aspects. Amidst the buzz surrounding advancements in AI and 5G technologies, one crucial aspect of 2024 that has been overlooked is the record number of elections taking place worldwide in recent memory. Over 64 countries, including 7 of
In an effort to limit access to the crypto exchange inside the Philippines, the Securities and Exchange Commission (SEC) instituted regulations. This action is taken in reaction to the concerns raised over Binance’s potential unlawful actions inside the jurisdiction. Moreover, in a 25 March announcement, the SEC mentioned its request
Lawmakers in the European Union (EU) have passed new regulations to severely punish anyone who violates sanctions, including when it comes to cryptocurrency. The European Parliament (MEPs) passed fresh sanctions against travel bans, weapons embargoes, limitations on industries, and the freezing of assets (including cryptocurrency and wallets) on Tuesday. According
