Polygon and Fabric team up to fast-track ZK-proof adoption on AggLayer

The integration of Fabric Cryptographys Verifiable Processing Units promises faster, more secure transactions on Polygons AggLayer.

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Russia Eyes Dual Crypto Exchanges and New Stablecoin Linked to RMB: Report

Russia is getting ready to present two new cryptocurrency exchanges, and a stablecoin pegged to the Chinese yuan and BRICS currency basket, as the country continues to develop its digital finance agenda. The news was shared by popular crypto journalist Colin Wu in a post today on X, referring to the Russian news outlet Kommersant. The ambitious crypto […]

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Russia to launch crypto exchanges for global trade in Moscow and St Petersburg

Russia is reportedly exploring the establishment of two crypto exchanges to facilitate foreign economic activities, local media outlet Kommersant reported on Aug. 23. The proposed exchanges will be located in Moscow and St. Petersburg, serving as hubs for international trade. Mikhail Uspensky, a member of the State Duma’s legislative committee on crypto regulation, stated that […]

The post Russia to launch crypto exchanges for global trade in Moscow and St Petersburg appeared first on CryptoSlate.

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Cryptography startup Fabric raises $33M for new data privacy chip

Blockchain Capital and 1kx co-led the Series A round that will back the development of a new computing chip focused on data privacy.

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Trump wont sell US BTC if elected, what about seized assets?

Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected.

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RFK Jr. promises to pardon Silk Roads Ross Ulbricht if elected

Yes, illegal activity took place there, but come on, the presidential hopeful wrote as he denounced Ulbrichts draconian sentence.

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NVIDIA CEO Highlights Data as 'Gold Mine' at Databricks Data + AI Summit

NVIDIA CEO Jensen Huang discusses data's value and new partnerships at Databricks Data + AI Summit 2024. (Read More)

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Bitcoin Pioneer Ross Ulbricht Deserves a Second Chance at Freedom

Nine years to the day after his life sentence, Ross Ulbrichts controversial case may finally see a turn as Trump pledges to commute the sentence of the Bitcoin pioneer.

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BRICS may adopt Ripples XRP to bypass dollar in gold-backed trade push

Russia’s SWIFT exclusion in 2022 spurred alternative system planning. BRICS members seek autonomy in international settlements. XRP’s speed and cost-efficiency seen as ideal for institutional use. A new theory circulating among cryptocurrency and geopolitical analysts suggests that BRICS nations—Brazil, Russia, India, China, and South Africa—may be working behind the scenes to develop a gold-backed financial […]

The post BRICS may adopt Ripples XRP to bypass dollar in gold-backed trade push appeared first on CoinJournal.

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BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’

The New Development Bank (NDB), aka the BRICS bank, is seeking to offer more loans in local currencies to reduce dependence on the U.S. dollar and avoid foreign exchange risk. “We need to create a diversified global currency system,” NDB’s president stressed, adding: “In the future, it is unlikely that one single currency can dominate

The post BRICS Bank to Offer More Loans in Local Currencies — President Calls for ‘Diversified Global Currency System’ appeared first on BTC Ethereum Crypto Currency Blog.

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Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister

Russia is actively shifting to settlements in national currencies with its partners, Foreign Minister Sergey Lavrov has affirmed. He expects the transition away from the U.S. dollar to only gain momentum. “This is true not only for Africa, but also for Latin America, our Asian friends, as well as Iran, India, and China,” the top [...]

The post Russia Actively Shifting to Settlements in National Currencies, US Dollar Share Declining, Says Foreign Minister appeared first on Crypto Breaking News.

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Crypto Revolution in BRICS: India Leads the Way in Bitcoin Adoption

In an era where disruptive technologies are redefining financial boundaries, cryptocurrency, particularly Bitcoin, has emerged as a game-changer. No country

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Russia talks up prospects of BRICS countries developing new currency

A top Russian official has reportedly claimed that the BRICS alliance is working on creating its own currency.

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BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries [...]

The post BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion appeared first on Crypto Breaking News.

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Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

The post Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit appeared first on Crypto Breaking News.

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Russian Official Expects Agreement on BRICS Currency This Year

The chairman of the State Duma Committee on the Financial Market says that an agreement on the BRICS currency can be reached in 2023 as BRICS nations ramp up their de-dollarization efforts to shift away from U.S. dollar reliance. “By linking its economy and currency to politics, the U.S. is practically undermining the foundations of [...]

The post Russian Official Expects Agreement on BRICS Currency This Year appeared first on Crypto Breaking News.

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BitMEX Founders Freed: Trump Issues Controversial Pardons After Conviction

On March 28 reports confirmed that President Donald Trump issued pardons to BitMEX co-founders Arthur Hayes, Benjamin Delo and Samuel Reed. The trio had previously admitted to criminal offenses related to money laundering and breaking Bank Secrecy Act (BSA) regulations. Hayes, Delo and Reed initially faced serious legal penalties which included fines and possible probation […]

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Silk Road Founder Ross Ulbricht Teases New Marketplace After Ebay Snub

After failing to get accepted by Ebay Ross Ulbricht indicated his desire to start an e-commerce venture. The platform verification delays frustrated him and he suggested developing his own online marketplace. The announcement emerges after he obtained a presidential pardon leading to his prison release during January 2025. Ross Ulbricht attempted to market his personal […]

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Russia Regulates Use of Digital Assets for International Settlements

Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing the Central Bank of Russia as the overseer of these transactions. Russia [...]

The post Russia Regulates Use of Digital Assets for International Settlements appeared first on Crypto Breaking News.

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Brazil Prioritizes Crypto for BRICS Cross-Border Trade

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