Search Results for: retail

Golden Gate (GGX) Developer Insights and Novel DeFi

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PRESIONE SOLTAR. Golden Gate (GGX) is a novel interchain infrastructure protocol that eliminates Layer 0 communication friction by delivering protocol-agnostic communications and more secure liquidity transfer. Golden Gate mediates interchain communication via the Incentivized Message Delivery Protocol (IMDP), which uses a…

Economist Peter Schiff Warns US Will Default on Its Debt — Raising Debt Ceiling Will Make Problem Worse

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Economist Peter Schiff has warned that the U.S. will default on its debt obligations. He further stressed: “All the bad stuff that they’re saying is going to happen if we don’t raise the debt ceiling is guaranteed to happen because we…

Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted

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Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country…

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus

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Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (megavatio) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 por…

Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

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Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, ha advertido que EE.. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, la…

BRICS De-Dollarization Push, Porcelana, and Crypto Threaten US Dollar’s Dominance: Analyst

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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…

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 (CBDC). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate…

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

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El martes, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 millón. Cleanspark stated that the new fleet would add 6.3 exhash por segundo (EH/s) of computational…

Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities

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Los Estados Unidos. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually all, if not all, crypto tokens are securities,” urging the regulator to…