BRICS, SCO Align on Unified Payment System to Reduce Dollar Reliance
The Shanghai Cooperation Organization (SCO) is advancing talks on a unified payment system to increase national currency use, aligning with BRICS efforts to...
Elon Musk’s DOGE to Slash $2 Trillion From Government Budget — ‘The Future Is Going to Be Amazing’
Elon Musk envisions the Department of Government Efficiency (DOGE) cutting $2 trillion from federal spending, aiming to free Americans from excessive taxation and...
Bitcoin Inches Closer to Record Highs—Are Traders Ready for What’s Coming?
On Monday, bitcoin hit a high note, climbing past the $70,000 threshold for the first time since late July, peaking at an intraday...
Unexpected Moment: Treasury Sign Falls as Yellen Confronts US Dollar Reserve Currency Concerns
The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S. dollar’s reserve currency status being...
DOJ Targets Crypto Exchange Accused of Silk Road Money Laundering, Operator Faces Prison Time
A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time....
Latam Insights Encore: Brazil’s Determination to Build a New Financial System Will Guide BRICS Toward a Common Currency Agreement
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition,...
Matter Labs Restructures, Cuts 16% of Workforce Amid Strategy Shift
Matter Labs, a key player in the crypto industry, is restructuring, resulting in a 16% workforce reduction. The decision, made to align with...
Report: Central Bank Gold Demand Surges in July Amid Rising Prices
Central banks globally continued to bolster their gold reserves in July, despite an increase in gold prices, according to a report by Krishan...
Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody...
Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative
Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s...