Search Results for: Group of Seven

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

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2023 has been a rollercoaster ride for the U.S. Bankenindustrie. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…

Prüfbericht: Mitbegründer von Terraform Labs wegen Betrugsvorwürfen in Südkorea angeklagt

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Jüngste lokale Berichte haben ans Licht gebracht, dass Shin Hyun-seong, auch bekannt als Daniel Shin, Mitbegründer von Terraform Labs, wurde von der Staatsanwaltschaft des südlichen Bezirks Seoul angeklagt’ Amt wegen Betrugsvorwürfen. Zusammen mit neun anderen, Shin wird verdächtigt…

BRICS De-Dollarisierungsschub, China, und Krypto bedrohen die Dominanz des US-Dollars: Analytiker

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Fitch Solutions’ global head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s rising “economic might” as key factors that erode the U.S. dollar’s dominance over time. He cautioned that China…

Wirtschaftswissenschaftler und Politikwissenschaftler widerlegen Behauptungen über den Niedergang des US-Dollars trotz Trend der De-Dollarisierungsnachrichten

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Dieses Jahr, In einer Welle von Enthüllungen im Zusammenhang mit dem BRICS-Block gab es eine Flut von Nachrichtenberichten und Leitartikeln, in denen ein angeblicher Entdollarisierungstrend diskutiert wurde. In einem aktuellen Artikel, betonte der amerikanische Politikwissenschaftler und Autor Ian Bremmer…

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies

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The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDCs). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. zusätzlich,…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

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China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

Rogue Validator Exploits MEV Bots on Ethereum, Resulting in $25.3M in Crypto Losses

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Im April 3, 2023, at Ethereum block height 16,964,664, a group of MEV (Maximal Extractable Value) bots were exploited for $25.3 Million. An analysis of the exploit revealed that a renegade validator switched the MEV bots’ transactions and seized various crypto…