Search Results for: parallel market

Forex Shortages Blamed After Nigerian Currency Hits New Low Versus the US Dollar

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A surge in the demand for foreign exchange and the general scarcity of the resource may be the reasons why the naira currency recently slumped to a new all-time low of 735 versus the U.S. dólar, un informe ha dicho. One…

Ruble Surges Against Greenback, Ethiopian Birr Exchange Rate Gap Widens; Kiyosaki: The ‘End Is Here’ for Fake Money — Week in Review

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Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in the world of cryptocurrency. Rich Dad Poor Dad author Robert Kiyosaki…

Latam Giant Mercado Libre Launches Mercadocoin in Brazil

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Mercado Libre, a leading Latam-based e-tailer, has announced the launch of its own token, llamó “Mercadocoin,” for Brazilian customers. The token will be the main reward of a loyalty program on Mercado Libre’s platform and will be awarded to customers that…

Reporte: Nigerian Central Bank Incentive Scheme Failed to Halt Naira Depreciation

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The Central Bank of Nigeria (CBN)’s attempt to incentivize the country’s forex market through the so-called “Naira for Dollar” scheme has failed. This is evidenced by the local currency’s plunge of more than 25% since the launch of the incentive scheme…

Predice el Banco Mundial 3% Crecimiento del precio del oro, Experto dice que $ 3K por onza 'es más probable que no'

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The World Bank has said it expects the price of gold to rise by 3% en 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After…

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

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A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for…

Heroes of Arcan Announces Community-Driven Heroic Fantasy Play-to-Earn Game

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PRESIONE SOLTAR. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology. The play-to-earn revolution has catalyzed global change in blockchain and cryptocurrency markets, with over 750,000 individual…

Las amenazas del banco central de Nigeria obligan al rastreador de tipos de cambio paralelo a suspender el servicio

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Following threats from the Central Bank of Nigeria (CBN), the management of Abokifx, a website that tracks the Nigerian currency’s black market exchange rates, has announced the suspension of their daily updates. This suspension will remain in effect until Abokifx gets…

Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain

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Cardano, the third cryptocurrency ranked by market cap, has successfully applied the “Alonzo” hard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet days ago, finally was incorporated in mainnet yesterday. Cardano is now…