Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

V sredo, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The…

Gold Slides on Higher US Treasury Yields, dolar

Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and

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

Fitch Solutionsglobal head of country risk has named the rising adoption of cryptocurrencies, the de-dollarization efforts by the BRICS countries, and China’s risingeconomic mightas key factors that erode the U.S. dollar’s dominance over time. He cautioned that China

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. V nedavnem intervjuju, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. lahko…

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, the…

Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency

According to Brazil’s president Luiz Inácio Lula da Silva, developing countries should abandon the U.S. dollar and strengthen their own national currencies. During a speech at the New Development Bank in Shanghai, Lula expressed his nightly pondering: “Why do all countries

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

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies

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

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries givenso many collapses and shocks in cryptocurrencies.She stressed: “We seek to