IMF Reportedly Working on Global CBDC Platform to Boost Interoperability
The platform will facilitate transactions between nations once it was introduced.It will be useful once new digital fiat currencies have become widespread.The IMF is stepping up its support for Central…
Do Kwon Sentenced to 4 Months in Prison in Montenegro
Previously, Kwon claimed that he had no idea the passport he carried when caught was fake.The co-founder of the failed Terraform project has been sentenced to spend four months in…
Fake Binance Nigeria Limited Issued Cease and Desist Order by Binance
Binance has issued a cease-and-desist order for misusing the Binance brand. The imposter entity was recently under scrutiny by the Nigerian SEC. The Securities and Exchange Commission of Nigeria has…
Do Kwon Accuses Chinese Agency in Passport Forgery Case.
Do Kwon denies passport forgery, and blames the Chinese agency in a legal battle. Alleged financial ties between Do Kwon and Montenegrin politician disputed.Terraform Labs founder, Do Kwon, firmly denied…
Twitter suspends AI bot as Elon Musk says it’s a crypto scam
Twitter has suspended the “Explain This Bob” account, an AI-based bot with 402k followers. Musk accused the project of being a crypto scam. The Twitter account “Explain This Bob” is…
More Than 12 Million Ordinal Inscriptions Recorded on Bitcoin Blockchain
Over 300,000 outstanding transactions have yet to be validated. 90.7% of all inscriptions are made up of text, while 9.3% are made up of other file types.According to the most…
Robert Kiyosaki Warns of More Bank Failures.
Economist and gold advocate Peter Schiff agreed to the same. Kiyosaki has been vocal about the impending doom of the banking industry before.Robert Kiyosaki, the author of Rich Dad Poor…
Nigerian Naira Reach All-time Low Against the U.S Dollar
The decision to allow the naira to “float” by the CBN was made by the Nigerian president.The Nigerian President removed the CBN’s multiple exchange rate system.On June 14, the official…
BRICS Application by Bangladesh: Major Global Economic Shifts.
Bangladesh submits a formal request to join the BRICS Alliance.The upcoming BRICS summit decisions will shape the global economic trajectory.Bangladesh has submitted a formal application to join the BRICS alliance,…
American Express-Backed Crypto Platform Serve With Fraud Charges by Texas Regulator
The agency also accused the crypto firm of conducting secret transactions to Binance.The Texas State Securities Board filed an emergency cease and desist order against crypto trading platform Abra and…