What is the International Monetary Fund, and how does it work?

Maintaining stability in the international financial system is essential for sustaining economic growth in a connected global economy. In this context, the International Monetary Fund (IMF) is essential for fostering international monetary cooperation, maintaining exchange rate stability and managing financial crises. This article provides an overview of the IMF and its objectives, governance structure and […]

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Solana rallied in 2023 but failed to break above the horizontal resistance. A bullish case remains valid unless the price moves below the 2022 lows.

Solana rallied in 2023 but failed to break above the horizontal resistance A bullish case remains valid unless the price moves below the 2022 lows If it breaks above horizontal resistance, Solana may trade above $40 Cryptocurrency investors must be thrilled with the 2023 price action. After all, Bitcoin bounced from last year’s lows, triggering […]

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Chancer presale hits $420k amid positive crypto sentiment

CHANCER presale has hit $421k days after launch to demonstrate the huge demand among investors. The predictive markets platform is expected to go live later this year, with experts noting its potential to change the global betting industry. For investors, buying $CHANCER at the current price of $0.01 offers could be a great opportunity. With […]

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South Korea passes cryptocurrency bill to tackle unfair trading

South Korea’s government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill. On June 30, the National Assembly passed the Virtual Asset User Protection legislation. The bill is designed to regulate unfair trade practices and protect crypto investors, the local news agency SBS Biz […]

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Forget about price! Polkadot Decoded 2023 says bear markets are for building

The Polkadot Decoded 2023 conference just wrapped up and this year more than 100 speakers and 100 blockchain projects were in attendance.  The beauty of crypto bear markets is they catalyze a realignment of perspectives and objectives. All the hidden leverage is gone and most of the speculation is gone. SBF is gone. Do Kwon […]

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Federal Reserve’s banking bailouts reach a new weekly high of $103B

The American central bank’s emergency fund for embattled banks has seen its highest level of distressed asset redemptions since its inception three months ago. The emergency lending program — known as the Bank Term Funding Program (BTFP) — was introduced in March amid the United States banking crisis which saw the collapse of Silicon Valley Bank, among […]

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Coinbase layer-2 network Base closes in on mainnet launch

Base, a new layer 2 application-focused protocol by Coinbase has just one criteria left to fulfil  before being ready for mainnet launch. On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six months of rigorous security audits — both internally and externally — its second-last criteria required for launch. “With […]

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U.S. House committee chairs, Blockchain Association turn up heat on SEC head Gensler

Three committee chairs in the United States House of Representatives have sent a letter to U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler demanding a more satisfactory response to their Nov. 1 letter regarding the SEC chairman’s and the agency’s compliance with recordkeeping requirements.  Judiciary Committee Chair Jim Jordan, Oversight Committee Chair James Comer […]

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