dollars

Understanding Currency Pairs and Exchange Rates

In a world defined by financial transactions, understanding the mechanics of exchange rates becomes crucially necessary. At the heart of these exchange rates are currency pairs, which form the cornerstones of the global forex trading system. What is a Currency Pair? A currency pair essentially involves two currencies. Without two currencies, we simply don't have enough information to establish an exchange rate. When you think about it, the exchange rate is nothing but a reflection of the price of one currency in terms of another. Each currency pair involves a

Bridging Real and Virtual Economies

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

Stablecoins Under Scrutiny

Amidst the market’s recovery from the recent onslaught of SEC crackdowns, rumors swirl over the potential targeting of stablecoins in their crosshairs. Such a move could have profound implications for cryptocurrency prices, making it crucial to gauge the likelihood of this scenario and the approach regulators might adopt. The largest stablecoins by market cap are Tether’s USDT and Circle’s USDC. Both are pegged to the US dollar and backed by various assets, typically highly liquid instruments like US Treasury bills. In theory, when someone wants to buy stablecoins from an

SaaS Inclusology Releases New 2.0 Platform and Proves to Help Companies Achieve DEI (Diversity, Equity, and Inclusion) Goals in Accelerated Timeline.

June 2023 - Inclusology, is a powerful all in one DEI management SaaS platform designed to help companies reduce bias in the workplace and increase employee retention. Last week, the platform released its new version after completing beta testing among 16 companies and thousands of employees across startups, nonprofits, Fortune 500 and 1000 companies etc. “We are so proud to see Inclusology’s work having a positive impact on DEI at a global level in every sized company,” says CEO Dr. Cheryl Ingram. “We’ve tested our software in a number of

Beyond the Dollar

The global economy is at a crossroads with the US dollar’s future as the world reserve currency facing fresh challenges. For decades, the stability and dominance of the dollar have given the United States significant advantages in global trade, investment, and geopolitical influence. However, as emerging economies like China and India rise in prominence, their currencies are gaining traction in international transactions, challenging the dollar’s hegemony. China, in particular, has been busy over the past few months, actively promoting the Yuan and seeking to challenge US dominance in the global

Reasons for Regulation

There are multiple reasons cited for increased regulation in crypto, the most common of which are investor protection, institutional adoption, and safety. While regulations can be seen as a good thing in general for the space they’re by no means a universal panacea. Examining what central banks want regulation to look like gives a clearer indication of who benefits most from them. In December Sir Jon Cunliffe, Deputy Governor of the Bank of England said, “We would need to regulate to ensure that we get the same level of protection,

Bringing It All Together

It starts with a national brand for music rehearsal space After 15 long years on the road touring with national acts such as Tool, Filter and Rage Against The Machine as lead singer for the Oregon based hard rock band DFiVE9, Nic Yannariello was looking for a way to get off the road, and so in 2003 he built and established the now iconic Hawthorne Theatre, a 600-person concert hall in Portland for national tours and regional acts. Seeing a need for his fellow musicians, Nick then founded Puddletown Studios

Let’s Roll! Dallas Startup is Revolutionizing the Music Industry

Rock ‘n roll may be dead, but the music business is still projected to grow to $142 billion by 2030 globally, according to Goldman Sachs. Despite this growth the average musician is consistently being squeezed by the big players and not earning their fair share of the value of the art they have created. Community Musician — originally a “Craig’s List” for musicians — has developed a plan and formed a team to disrupt this unbalanced monopolistic system, all while ensuring that the musicians they work with are properly compensated

Money is Power

The politician Benjamin Disraeli once said, “Money is power, and rare are the heads that can withstand the possession of great power.” Understanding that powerful nations have the ability to control world events through monetary policy helps to explain why regulators take such a strong interest in stablecoins. As we explained earlier this week the present strength of the US Dollar is due to the fact that over 80% of world trade has to be settled using dollars and there’s currently a shortage of dollars. This places the US in

Web3 Scam Protection Startup Finds 400% More Phishing Websites than Industry Leaders.

Web3 isn’t safe. In 2021, crypto scammers stole $14 billion dollars from unsuspecting users. A solution must be found. To create a democratic financial future of the internet, newcomers and advanced users alike need to feel comfortable with their funds. Delenium, a Web3 scam protection solution, is at the forefront of this effort. By protecting the way Web3 users interact with decentralized applications, Delenium is revolutionizing the security infrastructure of Web3. Like any new and unregulated technology, scammers deploy tactics to unlawfully extract value from users. In blockchain, that value

Government Association Endorses Blockchain for Elections

August 3, 2022 – Washington, DC. The 2020 US elections were a painful display of a breakdown in public trust. Declining trust in elections threatens democratic institutions all over the world, and it is imperative we restore it in our democratic institutions. US Federal law requires that overseas, military, and disabled voters have access to remote voting. States permit the use of email, fax, or mail-in ballots. However, many of these methods used today lack the security required to maintain integrity of the election results. The most important aspect in restoring