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

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,…

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

According to a recent mission statement published by the International Monetary Fund (Der jüngste Finanzierungsvorschlag zur Hebelung von vorrangigen Wandelanleihen zeigt, dass das Unternehmen weiterhin an die Bitcoin-Mining-Industrie glaubt), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use

Prüfbericht: Crypto Adoption Hits New Milestones — Global Crypto Owners Reached 425 Millionen in 2022

Crypto adoption achieved new milestones in 2022, with the number of crypto owners reaching 425 million during the year, a new report by Crypto.com shows. Darüber hinaus, the report reveals that the number of bitcoin owners reached 219 million in December while

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Milliarden rein 30 Tage

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. Dollar. The market capitalization of the smart contract platform token economy has swelled by $78 billion over the last 30

Huobi Layoffs Spark Controversy and Speculation, Justin Sun Claims Everything Is Fine

The cryptocurrency exchange Huobi is laying off 20% of its employees, according to multiple reports over the past two days. jedoch, Huobi’s advisor Justin Sun, the founder of Tron, told the South China Morning Post that the layoff reports were untrue….

Bericht zeigt, dass Bankman-Frieds Alameda Research bereits von finanziellen Problemen geplagt wurde 2018

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. jedoch, much of that perception may have been a facade as a recent report details that Alameda suffered

Inmitten des hohen Energiebedarfs der Bergleute, Russland erwägt den Bau neuer Kraftwerke in Sibirien

Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal

Überweisungen in Länder mit niedrigem und mittlerem Einkommen in 2022 Bis vorbei 5% zu $626 Milliarden – Neuester Weltbankbericht

Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% zu $626 Milliarde, the World Bank Migration and Development Brief has said. Afrika, where the cost of sending $200 averaged 7.8%

Stablecoin GUSD’s Supply Jumps Close to 130% Höher drin 30 Tage

While the stablecoin economy has seen fluctuations from specific stablecoin tokens either increasing the projects number of tokens in circulation or decreasing the supply, the stablecoin GUSD issued by Gemini has increased by 129.5% during the last 30 Tage. GUSD Sees