Business & Economics

BRICS Nations to Develop Blockchain-Based Payment System

The BRICS group, comprising Brazil, Russia, India, China, and South Africa, plans to revolutionize the global financial system by creating a blockchain-based payment system....

Vanguard Announces Leadership Transition: Implications for Crypto Policy

In a significant announcement on Thursday, Vanguard revealed that Tim Buckley, its longstanding Chairman and CEO, will retire by the end of 2024. This...

Reddit Discloses Crypto Investments in IPO Filing

Reddit's Cryptocurrency Investments Revealed in IPO Filing Reddit Inc. has unveiled its cryptocurrency investments in its initial public offering (IPO) filing with the U.S. Securities...

Bitcoin Miners Challenge US Government’s Energy Data Collection

Bitcoin mining companies and associations, led by the Texas Blockchain Council (TBC) and Riot Platforms, have initiated legal action against several United States government...

Nvidia’s Historic Surge: Adds $277 Billion in a Single Day

In an unprecedented move, Nvidia, a tech giant based in California, has marked its presence with the largest single-day gain in history, adding $277...

Bank of Israel Steps in as Shekel Hits Seven-Year Low Amid Conflict

Shekel Plummets Amid Israel-Hamas Tensions The Israeli shekel plunged to a seven-year low on Monday, driven by escalating tensions between Israel and Hamas militants over...

SEC Sues Elon Musk, Seeks Testimony on Twitter Acquisition

SEC Takes Legal Action The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against billionaire entrepreneur Elon Musk. The lawsuit aims to force...

Google Cloud Joins Polygon as a Validator Node Operator

Google Cloud has taken a significant step into the world of blockchain by becoming a validator node operator on Polygon’s proof-of-stake network, indicating big...

Crude Oil Prices Predicted to Skyrocket in Coming Years

Renowned banks and agencies anticipate a substantial rise in the value of crude oil, with potential global implications. JP Morgan's Bold Prediction JP Morgan's Christyan Malek,...

Telegram Joins the Crypto Space with Wallet Pay Integration

Riding the wave of significant growth in the cryptocurrency industry, popular messaging app Telegram has shown its commitment to embracing cryptocurrencies. They've done so...

Federal Reserve Hits Pause on Interest Rate Hikes

In a move that signals a break from a campaign that spanned over a year, the Federal Reserve has decided to hold the interest...

US Senate Approves the Debt Ceiling Bill

The U.S. Senate passed the debt ceiling bill late Thursday, granting permission for the country to borrow further. The bill was supported by 44...