What is a central bank digital currency (CBDC)? Central bank digital currencies (CBDCs) have recently emerged as a hot topic in the financial space. Banks, Institutions, and governments are performing research and analysis on the economic and technical feasibility of introducing a new form of digital money and its impact on monetary and fiscal policy. […]
The U.S. Federal Reserve is set to launch its digital payments system, FedNow, in July. Described by Richmond Fed President Tom Barkin as “resilient, adaptive, and accessible,” the system aims to facilitate faster, lower-cost bill payments, money transfers, and other consumer activities. However, as central banks globally pursue Central Bank Digital Currencies (CBDCs), concerns arise […]
More than 13 months since the Ukraine-Russia war began and an avalanche of sanctions and restrictions hit the Vladimir Putin-led country, it seems that Russia is taking its relationship with some allies to a new level. The ties between Russia, China, India and other BRICS nations appear poised to go a step further with the […]
Predictions about the BRICS countries as the fastest growing economies haven’t quite panned out. Instead, the alliance is now offering a diplomatic forum and development financing, outside of the Western mainstream. The acronym began as a somewhat optimistic term to describe what were the world’s fastest-growing economies at the time. But now the BRICS nations […]
Hundreds of millions of dollars worth of Bitcoin (BTC) and other crypto assets have been liquidated in the last 24 hours as a powerful law enforcement agency sets its sights on Ethereum (ETH). New data from Coinglass shows 137,969 traders were just liquidated to the tune of $429 million with the majority of traders losing […]
A zombie apocalypse, as portrayed in popular culture, would likely be caused by some sort of outbreak or virus that turns people into zombie. A virus like the rabies virus, which already exists, may have undergone a mutation as one potential cause. Rabies is a fatal virus that spreads through saliva and is known to […]
Long-term meat storage can be challenging, but with the correct methods and equipment, you can preserve your meat fresh and fit for consumption for a considerable amount of time. Here are some strategies for long-term beef storage: Freezing: This is one of the most effective ways to store meat long-term. It slows down the growth […]
Building on the bitcoin model, central banks are planning to produce their own “digital currencies”. Removing any and all remaining privacy, granting total control over every transaction, even limiting what ordinary people are allowed to spend their money on. From the moment bitcoin and other cryptocurrencies first emerged, sold as an independent and alternative medium […]