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BRICS: U.S. Dollar Usage Rises Despite Drop in Central Bank Reserves
The Central Banks of developing countries are accumulating gold to end their reliance on the U.S. dollar. The…
China Evergrande Files Chapter 15 Bankruptcy in New York
China Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday, court papers viewed by…
Millions of Apple Users to be paid in $500M iPhone settlement
Apple will pay out between $310 million and $500 million in settlement to nearly 3 million users of…
Judge Grants SEC Approval to File an Appeal of Ripple XRP Case
District Judge Torres has granted the request of the SEC to file a motion for leave to file…
U.S. Dollar Could Fall if BRICS Pay in Local Currencies for Oil & Gas
The U.S. dollar is the world’s reserve currency and wields power in all segments of trade. It has…
Average 30-Year Fixed Mortgage Rate Increases to 7.4%
US mortgage rates continued their upward trajectory this week, with the average 30-year fixed rate increasing to 7.4%,…
Stablecoins Account for 86% of Transfer Volume: NFTs, Gaming Chip In 0.18%
PayPal recently unveiled its own stablecoin, PYUSD, 100% backed by U.S. dollar deposits, short-term U.S. Treasuries, and similar…
Trump Warns US Dollar Losing Dominance Amid BRICS Ascension
In an interview with Fox Business, former President Donald Trump warned that the US Dollar is losing its…
What Will Be Discussed in the Next BRICS Summit?
The next BRICS summit is scheduled for August 22–24 in Johannesburg, South Africa. All four heads of state…
Coinbase: Base Scammers Earn $2 Million Profit From 500 Scam Tokens
Scam tokens have taken Coinbase by storm. Recent research by Solidus Labs revealed that in the period between…