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. banking industry. 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…

Aruanne: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea

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Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on charges of fraud. Along with nine others, Shin is suspected of…

BRICS De-Dollarization Push, Hiina, 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…

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News

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Sellel aastal, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted…

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

Majandusteadlased ootavad, et keskpank avaldab enne ülejäänud ajaks peatamist veel ühe 25 bps intressitõusu 2023

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Pärast Föderaalreservi märtsi intressitõusu, majandusteadlased usuvad, et Saudi Araabia ja mitme Naftat Eksportivate Riikide Organisatsiooni liikme hiljutine samm (OPEC) naftatootmise vähendamine võib keskpanga missiooni keerulisemaks muuta. Lisaks,…

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 kasutab Ethereumis MEV-boteid, Selle tulemuseks on 25,3 miljonit dollarit krüptokaotust

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aprillil 3, 2023, Ethereumi ploki kõrgusel 16,964,664, rühm MEV (Maksimaalne ekstraheeritav väärtus) jaoks kasutati roboteid ära $25.3 miljonit. Ärakasutamise analüüs näitas, et renegade validaator vahetas MEV-robotid’ tehinguid ja arestis erinevaid krüpto…