The decision by Saudi Arabia to end the petrodollar agreement marks a significant shift away from the US dollar's long-standing dominance in global trade, potentially paving the way for alternative currencies like the BRICS stablecoin to reshape international finance.
AnaisThe financial world faces potential upheaval as Saudi Arabia ends its 50-year petrodollar deal with the US. Instead, Saudi Arabia's central bank has joined BIS’s CBDC Project mBridge. As power becomes more equitably distributed globally, is the US facing an imminent economic downfall?
CatherineSEC Chair Gary Gensler announced that Ethereum ETFs should be approved by summer’s end but did not clarify its classification as a security or commodity. But this “good” news had little impact on the sluggish crypto market.
KikyoPixelverse, through its PixelTap game on Telegram, has rapidly gained 15 million users and secured $5.5 million in funding from major investors, aiming to revolutionize Web3 gaming with its tap-to-earn model and upcoming $PIXFI token launch.
WeatherlyThe fast-food industry adopts AI to reduce rising labour costs by replacing human workers. Despite being touted as the future, AI has caused many embarrassing errors. Is AI truly the solution for drive-thrus?
CatherineThe rise of AI tools has raised data privacy concerns due to the vast data needed for training models. Privasea addresses this with a framework prioritising data privacy and security, using FHE to perform computations directly on encrypted data.
KikyoBitcoin hits a monthly low of $64,000, losing over $100 billion in market cap, driven by ETF outflows and failed resistance attempts.
AlexZircuit, an Ethereum Layer 2 network, stands out with its AI-powered sequencer for enhanced transaction security and efficiency, attracting over $3.3 billion in staked assets ahead of its mainnet launch backed by Binance Labs.
JoyThe legitimacy of “Trump Coin” ($DJT), supposedly launched by Donald Trump and his son Barron, is under heavy scrutiny, with many suspecting it might be a scam due to various red flags and lack of official confirmation. Despite the hype, skepticism pervades the crypto community about the token’s authenticity and potential for market manipulation.
WeatherlyThe launch of Trump Coin ($DJT) has created buzz and suspicion due to its sudden emergence, lack of official confirmation from Trump, and concerns about market manipulation and legitimacy. Despite this, it has significantly impacted other political-themed tokens, raising questions about its true origins and intentions.
Anais