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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

GBA Business Confidence Index increment on record high

Resumption of normal travel boosts business confidence HONG KONG, Apr 17, 2023 - (ACN Newswire) - Standard Chartered and the Hong Kong Trade Development Council (HKTDC) today released the GBA Business Confidence Index (GBAI) for the first quarter of 2023. The current performance for "business confidence" jumped 11.8 points to 51.3, which was also the first above-50 print since the fourth quarter of 2021. The expectations index leapt to 61.5, the 16.4 points jump was the biggest on record since GABI was launched in the second quarter of 2020. The

Paribus. The Benefits of Collaboration.

After discovering we were victims of an exploit, we’ve decided to share our plans to open-source our code and make it accessible to external developers. Our aims in so doing are simple; through leveraging a wider pool of minds, we will be better positioned to avoid potential faults and bugs that may arise in the future. Open-sourcing code has become increasingly popular in recent years, with many companies and organizations embracing these principles as a way to enhance innovation, reduce costs, and improve transparency. It involves allowing the public to

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

GMEX Group Wins Best Development in FinTech of the Year For Institutional Digital Assets Network and Digital Custody Technology – Pyctor

London, 28 November 2022: GMEX Group (‘GMEX’), a leader in digital business and technology solutions for capital markets, is proud to announce that it has been awarded Best Development in FinTech of the Year by Crypto AM for its GMEX Pyctor institutional-grade digital assets technology. These coveted awards are judged by an independent, expert panel of industry leaders. GMEX competed with other finalists including Revolut to win. GMEX Pyctor (‘Pyctor’) was acquired earlier this year by GMEX after being successfully incubated in ING Neo’s innovation lab. It has been jointly

Claim you $100k/year as Metaverse Ambassador, on Metabook

There is a huge skills gap on Metaverse market, Metabook – Plato DAO is to fill in collaboration with Meta Alliance. In 6 months of this year, according to McKinsey, $120B were invested in Metaverse market. Much more than in the first 6 year of the Internet! But the number of skilled specialists is stagnating. It means, each of them could increase the level of revenues. To fill in this gap and to serve thousands of big brands in need of metamarketing and guarantees of web3 development, Metabook – Plato

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

Moonstake Wallet Now Supports Cardano NFTs

SINGAPORE, Dec 9, 2021 - (ACN Newswire) - Today, Moonstake is happy to announce that we support Cardano non-fungible tokens (NFTs). Starting today, users can hold, send, receive, and track their Cardano NFTs on Moonstake web and mobile wallets with the best user experience. With this new addition, Moonstake now supports NFTs of Ethereum's market-leading ERC-721 standard as well as the popular Cardano NFTs.Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, we have developed the most user-friendly Web

Export Commodities Online Fair promotes trade between China’s Hebei and ASEAN

HEBEI, CHINA, Dec 9, 2021 - (ACN Newswire) - China will boost new forms and models of foreign trade to advance high-quality development of the trade sector, according to a circular issued by the General Office of the State Council on July 9, 2021, and aims to have better mechanisms and policy systems in place to support these new trade protocols by 2025, along with the backing of leading enterprises and globally competitive industrial clusters.ASEAN continues to be China's largest trading partner, these new forms and evolving models of foreign