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Venezuelan President Nicolas Maduro Calls for De-Dollarization of the Global Economy

August 28, 2023 0

Nicolas Maduro, the president of Venezuela, has called to de-dollarize the global economy due to the difficulties the current system brings to emerging countries affected by U.S. sanctions. In a message directed to the BRICS leaders, Maduro called to establish alternative settlement systems

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Binance Removes Sanctioned Russian Banks From P2P Platform

August 28, 2023 0

Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat currencies are also restricted for them. Binance No Longer Offers P2P Traders Option to Pay Through Sanctioned Russian […]

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India’s Prime Minister Calls for Global Crypto Framework With Focus on Unified Approach, Adoption, Democratization

August 28, 2023 0

India’s Prime Minister Narendra Modi says crypto needs “a global framework and regulations.” He stressed: “The rapid pace of change of technology is a reality — there is no point in ignoring it or wishing it away. Instead, the focus should be on adoption, democratization, and a unified approach.” Modi on Crypto Regulation Indian Prime […]

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Oil Giants Joining BRICS a Strategic Success for China and Russia, Expert Says

August 28, 2023 0

A German expert says that the BRICS economic bloc adding several oil giants as new members “is a strategic success for China and Russia.” The BRICS leaders announced at their annual summit last week that they have invited Saudi Arabia, the UAE, Iran, Argentina, Egypt, and Ethiopia to join as new members. BRICS Adding 6 […]

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Bitmain’s Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community

August 27, 2023 0

In an announcement on Sunday, cryptocurrency mining rig manufacturer Bitmain revealed its intention to sell a machine designed for mining the digital currency monero (XMR). The machine boasts a hashrate of 212 kilohash per second (KH/s), and the firm asserts that it is the first “professional XMR miner” available. ‘Hard Fork Go Brrrrrrrr’ — Monero […]

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Glassnode and Ark Invest Introduce ‘Cointime Economics’ — A New Model to Measure Bitcoin’s Value

August 27, 2023 0

Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure the economic activity and value of bitcoin based on “coinblocks” rather than the standard accounting method of unspent transaction outputs, or UTXOs. Cointime

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Report Reveals East Is Challenging West’s Long-Standing Gold Pricing Dominance

August 27, 2023 0

A new report unveils a surge in gold acquisitions by Eastern nations, challenging the West’s long-standing dominance in gold pricing and altering the power equation in the global arena. Research Highlights East’s Rise as Challenger to West’s Gold Pricing Tradition In a comprehensive exposé on Seeking Alpha, Gainesville Coins’ gold analyst Jan Nieuwenhuijs emphasizes the

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NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded

August 27, 2023 0

According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during this week. NFT Transactions Dip Over 30% […]

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PEPE Token Heist: Former Team Members Swipe $15 Million in Tokens, Lead Developer Vows to Rebuild and Decentralize

August 27, 2023 0

Approximately 16 trillion PEPE tokens worth $15 million were illicitly transferred to crypto exchanges and sold, according to an announcement from the meme coin’s anonymous lead developer. The theft was allegedly orchestrated by three former team members who accessed the token’s multi-signature wallet before removing themselves from the project. Despite this setback, the

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Analysis Says 2024 Halving Could Push Bitcoin to $400K, BRICS Declares Importance of Local Currencies in Trade — Week in Review

August 27, 2023 0

This week’s hottest stories detail a potential skyrocketing of bitcoin’s price to $400,000, connected with the upcoming 2024 halving event, emphasis on trade in local currencies made at the conclusion of the recent BRICS summit in South Africa, and claims of 260% faster hash detection via new BTC mining technology. This and more in the […]