CCData recently released the June 2023 Stablecoins & CBDCs Report, a state of affairs of major fiat currency stablecoins and central bank digital currencies (CBDCs). The picture that emerges is not particularly good. The stablecoin market The first data point to emerge is…
In this article we explore what DAO Labs’ autonomous organization is and how their social mining program works. Participants in the web3 world may soon be rewarded for activities that are performed on a daily basis through a well-designed incentive system. Let’s see…
The concept of de-dollarization and the strategies pursued by the BRICS nations have gained significant public interest. Despite widespread media coverage, many people still do not fully understand the implications of de-dollarization. The U.S. dollar has been the global reserve currency for 78…
Shanghai has unveiled the “Shanghai Action Plan for Creating a New Path in Metaverse Tourism (2023-2025)” to propel the development of metaverse tourism. The plan focuses on five key areas: “Digital Tourism Infrastructure,” “Technological Breakthroughs,” “New Metaverse Tourism Scenarios,” “Digital Art Platforms,” and…
Hong Kong is emerging as a leader in the cryptocurrency world, with Tyler Winklevoss praising the city’s regulatory approach and vibrant ecosystem. Winklevoss had an insightful meeting with Hong Kong’s regulatory authority for crypto and expressed his enthusiasm on Twitter. He also highlighted…
The United Nations is proposing a universal digital ID system that would directly connect to people’s bank accounts and payment apps. A comprehensive new policy agenda from UN Secretary General António Guterres details an identification network designed to digitize and streamline the process…
U.S. Treasury Secretary Janet Yellen defended the global dominance of the U.S. dollar during a press conference in Paris. She attended a summit on global finance hosted by French President Emmanuel Macron. Brazilian President Luiz Inácio Lula da Silva, also present, reiterated his…
Robert Kiyosaki, the author of the popular book Rich Dad Poor Dad, has shared his insights on how to determine if the economy is in a recession. Kiyosaki, whose book has been a bestseller for over six years, believes that if your neighbor…
In a pivotal moment that sent tremors through the digital currency landscape, BlackRock, the behemoth asset manager with nearly $10 trillion in assets under management, has intensified its foray into the cryptocurrency domain. In a move that could unlock a $15 trillion crypto…