Musk Hires New CEO for Twitter, ‘She Will Be Starting in 6 Weeks’

Billionaire investor Elon Musk will be stepping down as chief executive of Twitter and taking on other roles in the company. The owner of the microblogging platform revealed he has hired a new CEO, media executive Linda Yaccarino, who should be

World’s Largest Regional Organization to Switch to Settlements in National Currencies

A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to consider a

SAI․TECH’s SAITIME 2023 Will Unveil Revolutionary Products for Mining and Computing Industry

SPOROČILO ZA JAVNOST. SINGAPORESAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO

IMF Blog: Interest Rates to Fall to Pre-Pandemic Levels Once Inflation Is Tamed

When inflation in advanced economies is tamed, real interest rates are likely to drop to pre-pandemic levels, the latest International Monetary Fund (IMF) blog post has said. According to the authors of the blog post, the transition to acleaner economy

Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says

Within the next decade, ZDA. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Poročilo

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaderssummit, according to a top Russian official. “The transition to settlements in national currencies is the first

Vladimir Putin Says Russia Wrote Off African Countries’ Debts Totaling Over $20 Billion in 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

Davos 2023: CBDCs Are the Future of Central Bank Money but They Are Still Not Ready

A World Economic Forum (WEF) panel comprised of central bankers and global tech providers has profiled central bank digital currencies (CBDC) as the future of central bank money, presenting them as one of the solutions for limitations in the payments sector

Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count

Since The Merge, Ethereum’s onchain fees have been considerably lower. Vendar, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereums onchain transaction output. V soboto, Jan. 14, 2023, Ethereum processed 1.10 million onchain transactions, while combined

Square Enix bo poglobil svoja prizadevanja na področju verige blokov 2023

Square Enix, the Japanese gaming giant, is preparing to announce more blockchain-based titles in 2023. As part of a now traditional new year’s letter issued by Yosuke Matsuda, CEO of the company, the executive announced some of the moves Square Enix