Blockchain at a crossroads: From Davos hype to global impact
The evolution of blockchain continues at pace. It’s time to examine progress, challenges and future potential in humanitarian and development sectors. Go to Source
Development
Auto Added by WPeMatico
BRICS Nations to Expand Use of National Currencies Through New Financial Platform
Russian presidential aide Yury Ushakov announced new BRICS initiatives to increase the use of national currencies in trade, backed by financial infrastructure developments like a BRICS-wide platform and special clearing systems. This move aims to simplify transactions between member nations and reduce trade costs. Meanwhile, Russian Deputy Foreign Minister Sergey Ryabkov highlighted ongoing Western efforts … Read more
UAE to Boost Global South Growth Through BRICS Membership
The United Arab Emirates (UAE) is committed to supporting the economic development of the Global South through its membership in the BRICS group, according to Younis Haji Al Khoori, Under-Secretary of the Ministry of Finance. The UAE aims to foster cooperation among BRICS countries to achieve shared goals like financial stability, sustainable development, and enhanced … Read more
Solutions without problems: How many Ethereum layer 2s are too many?
Layer 2s are a short-term success story, but the long-term picture appears less rosy. Go to Source
New wave of GameFi projects are costing millions of dollars to develop
Players are increasingly demanding greater playability and interactions that allow them actually to enjoy the Web3 games they play. Go to Source
BRICS: History, objectives and an overview of the global alliance
Explore how the emerging economies of Brazil, Russia, India, China and South Africa cooperate in areas such as economics, development and global governance. Go to Source Powered by WPeMatico
BRICS Bank ‘Re-taps Into USD Bond Market’ With $1.25 Billion ‘Green’ Bonds
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD). Proceeds from the placement will be used to fund “green” projects supported under the banking institution’s sustainable financing policy. BRICS Development Bank Launches 3-year ‘Green’ Bonds The New Development Bank (NDB), founded by the BRICS … Read more
Chip Giant Intel Abandons Bitcoin ASIC Production
After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. On Tuesday, a spokesperson for the chip manufacturer explained that Intel has “end-of-lifed the Intel Blockscale 1000 Series ASIC.” Intel Spokesperson Discloses Company Has End-of-Lifed the Blockscale 1000 … Read more
OpenBazaar marketplace says it’s set to ‘grow again from the ashes’
After shutting down in 2020 due to financial issues and poor user growth, the decentralized marketplace appears set to rise again. Go to Source Powered by WPeMatico
Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%
On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar … Read more
