week

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

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

Paribus: Measure Twice, Cut Once.

Measure Twice, Cut Once It was with a heavy heart that we decided this week to reschedule our MVP launch to early March. It wasn’t a decision we took lightly, knowing full well that it would cause ripples of disappointment throughout our community. As many people know we’ve been working closely with auditors at Hacken to ensure that the MVP is as secure as possible. Our decision to reschedule the launch is to allow the team at Hacken to work directly with our developers next week. Chris, our security advisor

Paribus : Conflicting Narratives

If the past year has taught us anything it’s that no one has a crystal ball when it comes to predicting future moves in the crypto market. Macroeconomic factors and black swan events have time and again overpowered technical analysis. This week China will celebrate the Lunar New Year and move from the year of the Tiger into the year of the Rabbit. Already there are several confusing and sometimes conflicting narratives as to what the coming year will bring. Many commentators are expecting 2023 to be beset by continued

Somnium Space Fashion Show with TESLASUIT

In association with TESLASUIT, the human-to-digital interface, Metaverse platform Somnium Space is organising the first virtual reality avatar fashion week in history - held in Prague and in the virtual world this September. Somnium Space Fashion Week (September 7-11) is an event enabling designers and brands to connect with consumers in an entirely new way, making it a one of a kind phygital experience. It will expand the way fashion is presented to the public, allowing people to connect from around the globe in one physical and digital location simultaneously

Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners

The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second (EH/s) to 174 EH/s losing roughly 15% in ten days. Civil Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan’s Bitcoin Miners Say Issues Did Not Affect Them This week the civil unrest in Kazakhstan caused a

Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners. President Tokayev Has Nation Under Control After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized. Law enforcement agencies have retaken all administrative buildings that were attacked by protesters

Assessing 1INCH’s prospects for growth over December

1INCH has seen its own share of ups over the past few weeks. During the initial half of October, this coin rallied from under $2 to $4.5. It briefly consolidated after that for a week and then registered a mammoth green candle on its chart on 27 October. That very day 1INCH was briefly seen exchanging hands around the $7.7 threshold. The next couple of weeks that followed saw this alt shrink in value. At the time of this analysis, 1INCH was trading 56% lower than its aforementioned local high.

People leaving Ethereum is ‘just never going to happen,’ says Solana co-founder

2021 saw a significant proportion of developers shifting from Ethereum to rival blockchains. Primarily, because the Ethereum network continued to fight high gas fees and congestion. Well, one network that hugely benefitted from this situation was Solana. Its meteoric rise over 2021 positioned it as one of the main Ethereum-killers. Solana’s native token Sol reached a new all-time high in early November. Furthermore, at the time of writing, the token registered a 10% ROI over the past week. Also, it had a 24-hour trading volume of over $3.6 billion, at

Up by 71%, LUNA makes big gains, but will they sustain over coming days

Terra’s native token LUNA which stands only 2 spots below the top 10 list, became this week’s biggest gainer of the entire top 100 cryptocurrency list. While a lot of aspects factor in for this, the bigger concern only remains in the interest of investors. LUNA in 7 days… The altcoin has been consistently increasing since the end of November, charting an everyday rise of 14% and 15%. This led to the altcoin recovering all of November’s losses while in the process also marking a new all-time high within 3

🔴 Infrastructure Bill Impacting Crypto | This Week in Crypto – Nov 22, 2021

 The controversial U.S. infrastructure bill becomes law, Square reveals its DEX, and a crypto exchange stamps its name on a major US sports venue. These stories and more this week in crypto. Hundreds of billions of dollars of value were wiped off in a market-wide dip just a week after the crypto market had peaked. The dip brought the price of Bitcoin back down below $57,000 and other major cryptocurrencies also suffered double digit drops in value before stabilising. President Joe Biden signed the Infrastructure Bill containing controversial crypto

aelf invites partners to extend ecological network by publicizing node election

According to the official announcement shared by the aelf blockchain team on Nov. 18th, 2021, its node election procedure has begun. Blockchain heavyweights like 8BTC, bountyblok, and RockX have already confirmed their participation in aelf’s election process by press time. Starting from November 18th, two seats for new production nodes will be released weekly for six weeks. In other words, a total of 17 production nodes will be elected by the end of this year. The production nodes underly the function of aelf mainnet. Their potency comes together with responsibilities. To become