Dydx, a decentralized exchange, has seen its trading volumes explode in recent days, overtaking other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested that this could be the result of the latest Chinese cryptocurrency ban that caused users based in China to move their trading activities to these platforms. Dydx bursts...
Read MoreIn a series of recent interviews and speeches, the chairman of the United States Securities and Exchange Commission, Gary Gensler, has called the cryptocurrency market “Wild West” due to its unregulated and supposedly crowded atmosphere. fraud, predicting that the pieces were doomed. Lights up … is a monthly opinion column by Marc Powers, who...
Read MoreSource: Harish Jonnalagadda / Windows Central At the Code 2021 conference in Beverly Hills, California, many big tech players showed up to give their thoughts on a variety of topics. One of those people was AMD CEO Lisa Su, who gave everyone a general estimate of when the big chip shortage is finally going...
Read MoreA recently published paper, authored by an nChain researcher, looks at a new monetary policy tool activated by a retail central bank digital currency (CBDC): sector-specific cash payments on private consumption spending . The paper examines how electronic cashback and different cashback rates can improve the economic toolkit as a way for central banks...
Read MoreThe Biden administration will review stricter regulations for stable coins, writes the Wall Street Journal (WSJ). Stablecoins are a form of digital currency that tries to combine the stability of national currencies with the ability to trade quickly online. Stablecoins are backed by safe assets like Treasuries and should theoretically be quite tightly tied...
Read MoreBy Chris Trotter * It is no small feat when a former prime minister speaks in public during a time of national crisis. At such times, the words of past leaders, spoken in favor of current leaders, can have a powerful unifying effect. Indeed, rare are the gestures capable of generating such positive results....
Read MoreKARACHI: The rupee is expected to trade within a range next week, as the measures taken by the central bank are adequate to stop a further decline in the exchange rate, analysts say. The local currency traded within narrow ranges during the outgoing week. It finished at 168.72 per dollar on the interbank market...
Read MoreISLAMABAD: The government is considering various options to increase regulatory duties (RD) on the import of dozens of luxury items such as the import of automobiles, cosmetics, master baths, varnish, stationery, various textile products, sweeteners, non-essential foods. , and others. The government decided to go ahead with fiscal measures to reduce the growing current...
Read MoreThis is the news item “Honeywell to train 15,000 students in three years” (September 24). Ashish Gaikward, President Honeywell India’s proposal to train talented students in appropriate fields and technologies, is a welcome step. This idea has the potential to become a giant leap in the Nation Building task. Such initiatives by companies must...
Read MoreSummary: “What goes down must go up, wheel that turns.” Just another day for you and me in the forex markets as risk turned to risk. The Chinese government injected a total of CNY 120 billion ($ 18.6 billion) in short-term liquidity into the banking system to allay concerns about an Evergrande group debt...
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