World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other hand, Ghana’s former president John Mahama and economist Steve Hanke have suggested that the country’s inflation rate is much higher than the 37.2%...
ZOIDS WILD NFT ARENA Launches Frontier Test Today
PRESS RELEASE. ZOIDS WILD NFT ARENA, a blockchain trading card game presented by Z SPOT and developed by ACT Games, launches a two-week beta test named Frontier Test today, where players can experience various aspects of the game for free. The Test takes place from November 10th to November 23rd, and players can still signup for the Test throughout the two-week period. Frontier Test offers the players a full-fledged experience of the...
Egyptian Fintech Raises $31 Million in Series B Funding Round
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s growth. Diversifying Moneyfellows’ Portfolio Egyptian fintech startup Moneyfellows recently revealed it had raised $31 million from its Series B funding...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features. EU Commission to Propose Legislation for Eurozone’s Digital Currency Authorities in the euro area have already made good progress in exploring the...
Court Upholds Piracy Blocking Order Against Cloudflare’s 1.1.1.1 DNS Resolver
Website blocking has become an increasingly common anti-piracy tool around the globe. In dozens of countries, ISPs have been ordered by courts to block pirate sites, usually on copyright grounds. More recently, neutral DNS providers have been targeted as well. Earlier this year, an Italian court ordered Cloudflare to block three torrent sites on its public 1.1.1.1 DNS resolver. The order applies to kickasstorrents.to,...
