Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran, is encouraging the use of local currencies to strengthen […]
The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development—the launch of an “epic meme contest.” The news broke on the social media platform X, where the World Liberty Financial account shared, “To celebrate President Trump’s tweet about us yesterday, […]
Digital asset platform Bitforex has announced that users will soon be able to withdraw their assets. However, all trading functions will remain suspended during this period. Additionally, the platform will cease all types of services and products and undergo a “comprehensive rectification.” Withdrawals to Be Directed to Designated Wallets Months after abruptly suspending withdrawals, digital […]
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken, Offchain Labs, Red Balloon Security, Ribbit Capital, Solana Foundation, and Trail of Bits. Its mission is to foster collaboration […]
The Director-General of the National Information Technology Development Agency in Nigeria announced on May 21 that new stakeholders have joined the blockchain steering committee. Malam Kashifu Inuwa stated that new members were incorporated to ensure comprehensive representation from both the public and private sectors. Blockchain Implementation in Preliminary Stages The Director-General of the Nigerian Information […]