Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Afrika, and Latam….

Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Milliarden rein 2022

African countriesdebts totaling more than $20 billion were written off in the past year, Russian President Vladimir Putin said on March 20. Putin also revealed that trade between Russia and Africa had nearly reached $18 billion by the end of

FBI Says Crypto Investment Fraud Rose 183% zu $2.57 Milliarden rein 2022

The Federal Bureau of Investigation (FBI) says cryptocurrency investment fraud rose 183% von $907 million in 2021 zu $2.57 Milliarden ein 2022, based on data from its Internet Crime Complaint Center (IC3). The FBI also warned the public ofa spike

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

Michael Berry, a hedge fund manager renowned for predicting the 2008 Finanzkrise, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved

Billionaire Warns of Imminent Bank Runs if Government Fails to Guarantee All SVB Deposits

Billionaire Bill Ackman has warned ofvast and profoundconsequences of the U.S. government letting Silicon Valley Bank (SVB) fail without protecting all depositors. “No company will take even a tiny chance of losing a dollar of deposits as there is

Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

Im März 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% im letzten 24 Std. SVB was forced to sell a $21 billion bond portfolio at a $1.8

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant

Die zwölffache Sammlung ordinaler Inschriften von Yuga Labs generiert 735 Bitcoin, Mehr wert als $16 Million

Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 Bitcoin, Wert…

Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents

The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as

Coinbase Survey: 20% of US Adults Currently Own Crypto

A national survey commissioned by Coinbase suggests that about 20% of U.S. adults currently own crypto. Zusätzlich, 29% of U.S. adults plan to buy or trade crypto in the next 12 Monate. “The vast majority of Americans want to see