Interest Rate Hike To 24 Percent By Turkish Central Bank Boosts Lira

Interest Rate Hike To 24 Percent By Turkish Central Bank Boosts Lira

On Thursday, Turkey has increased its interest rates to 24 percent. President Recep Tayyip Erdogan has promised to keep interest rates, low in his country. With lira being on a long-time low, he had to curb pressure from all sides to keep interest rates down. He even earned the name “enemy of interest rates” for […]

Leaders Of Crypto Industry To Set Up Crypto Lobby Located In Washington

Leaders Of Crypto Industry To Set Up Crypto Lobby Located In Washington

A group of American companies that are based on blockchain and cryptosystem announced that they would form the Blockchain Association, the group first lobbying that would form the blockchain industry in Washington DC, the Washington Post reported on September 11. The Blockchain association is composed of industry leaders such as Coinbase, Protocol Labs, a technology […]

Nasdaq’s Analytics Tool To Get Integration Of Crypto Data Sets, Sources

Nasdaq’s Analytics Tool To Get Integration Of Crypto Data Sets, Sources

The stock market giant, Nasdaq, New York, is studying the possibility of adding sets of cryptographic data to its analysis tool, said on Sept. 11 in Cointelegraph source. Bill Dagger, head of alternative data at Nasdaq, said that, given the abundance of interest, we are exploring datasets related to the cryptocurrency. This will help to […]

New York State Approved The First Dollar-Based Cryptocurrencies

New York State Approved The First Dollar-Based Cryptocurrencies

New York State has approved two digital currencies that are joined to the U.S. dollar and are classified as stablecoins. These cryptocurrencies avoid the price instability by being fixed to stable assets. The digital cryptocurrencies—Gemini Trust Company and Paxos Trust Company—are available to deal on their respective exchanges. It is a sign that shows digital […]

Tor Browser Now Gets Web-Based Wallet Thanks To Monero Wallet

Tor Browser Now Gets Web-Based Wallet Thanks To Monero Wallet

XMRWallet.com, an open source, and customer side wallet provider, Monero, has launched a new web-based wallet for the Tor browser, the company said in a Reddit message. According to the post, there has been a strong demand for such a wallet led by XMR users. Now they can send and receive private and undisclosed crypto […]

In Coming 5 Years Over 1 Billion Individuals Will Under Crypto Ecosystem

In Coming 5 Years Over 1 Billion Individuals Will Under Crypto EcosystemIn Coming 5 Years Over 1 Billion Individuals Will Under Crypto Ecosystem

Brian Armstrong, CEO of Coinbase envisages that the number of people in the crypto derived ecosystem will mature from the present 4 Million to 1 Billion over the next five years, TechCrunch reported on September 7. In an interview with TechCrunch, Armstrong predicts that the crypto ecosystem and the total number of digital coins will […]

State Farm To Give $250M For Lawsuit’s Out-Of-Court Settlement

State Farm To Give $250M For Lawsuit’s Out-Of-Court Settlement

State Farm Insurance Company was found guilty in funneling the money for the Illinois Supreme Court Justice Election campaign, and need to pay a fine of $250M to settle the charges filed by the federal government. The compromise was declared in the US District Court on Tuesday. As per the statement by the State Farm […]