Iran finalizes mechanism to use cryptocurrencies in foreign trade
The Central Bank of Iran and the Ministry of Industries, Mining and Trade have reached an agreement to link the CBI crypto platform to the Comprehensive Trade System, which allows…
Top Layer-1 EVMs to watch in 2022
Blockchain scalability has been a hot topic in the crypto industry for quite a while. With Ethereum suffering from congestion that caused transaction fees to skyrocket, there has been a…
US inflation rate hit 7% in December, four decade high
The December Consumer Price Index (CPI) in the U.S. rose to 7.0 percent year-over-year, according to the latest inflation report from the U.S. Labor Department’s Bureau of Labor Statistics (BLS)…
Jerome Powell softens regulatory stance against stablecoins, says can coexist with the Fed’s CBDC
In a Senate Banking Commitee press conference this past Wednesday, Federal Reserve Chair Jerome Powell clarified in response to a question on whether a potential Fed CBDC would preclude the…
OpenSea’s up for competition, vampire LooksRare sucking trading volume
NFT marketplace OpenSea totally dominates the NFT trading market with a market share of over 90 percent in trading volume. However, just two days after its launch, LooksRare, a “vampire…
IMF fears spillovers between crypto and equity markets, questions the “light touch” regulatory approach
The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability. In its recent report, the international body estimated…
El Salvador first for Bitcoin searches on Google
Over the past 12 months, El Salvador has clearly topped the list of countries where the word “Bitcoin” is most often searched on Google. El Salvador, Nigeria and Turkey lead…
