Pakistan Establishes Ties With El Salvador, With Bitcoin Front and Center
The government of the Islamic Republic of Pakistan established diplomatic ties with the Republic of El Salvador in a recent meeting, discussing an information-sharing agreement on bitcoin. The two countries are currently seeking to embrace the cryptocurrency while under IMF restrictions. Bitcoin Unites: Pakistan Establishes Diplomatic Ties With El Salvador Bitcoin is becoming a global […] Powered by...
Aussies Can Now Use BTC as Collateral for Home Deposits
Australian fintech startup Block Earner has launched what it calls the first bitcoin-backed home loan, allowing Australians to use their bitcoin ( BTC) as collateral for a home deposit without selling it. The firm offers up to 50% of a property’s value as a deposit loan, secured by the borrower’s bitcoin, which is held in […] Powered by...
Africa’s De-Dollarization Push Meets Reality: Dollar Resilience, Stablecoin Rise Shape Future
Global interest in de-dollarization has grown, but tangible progress remains limited due to political and strategic constraints. VALR co-founder Badi Sudhakaran argues that USD-based stablecoins may prove more effective than the AU initiative known as PAPSS for cross-border payments. Dollar’s Enduring Appeal Challenges De-Dollarization Efforts In recent years, the discourse surrounding de-dollarization has intensified, capturing […]...
Gamesquare Closes $70 Million Offering to Expand Ethereum Treasury
Gamesquare has completed a $70 million public offering to boost its ethereum holdings, aligning with its strategic partnership with crypto investment firm Dialectic. $70 Million Public Offering to Fund Big Bet on ETH by Gamesquare Gamesquare Holdings, Inc. (NASDAQ: GAME) has completed a $70 million underwritten public offering, selling 46.7 million shares at $1.50 each. […] Powered by...
IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved
The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance Goals Missed: IMF Fingers Chivo Wallet El Salvador is facing one […] Powered by...
Trezor Co-Founder Launches Glok to Enhance Security for Bitcoin Users Against Rising Threats Such as Kidnappings
Alena Vranova, previously co-founder of Trezor, has announced the launch of GLOK, a new security service aimed at protecting bitcoin users amid rising threats such as kidnappings and ransomware attacks. GLOK offers a private geolocation app that allows users to send distress alerts to a predefined list of contacts while prioritizing user privacy and data […] Powered by...
