Intel Let Google Cloud Hack Its New Secure Chips and Found 10 Bugs
To protect its Confidential Computing cloud infrastructure and gain critical insights, Google leans on its relationships with chipmakers. Powered by...
Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar
The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand for the U.S. dollar. Taming High Demand for the US Dollar The Zimbabwean central bank has said it will introduce a gold-backed digital currency...
Indonesia Is Following BRICS De-Dollarization Lead, Says Central Bank Governor
Indonesia is following the BRICS’ lead in de-dollarization and shifting away from the U.S. dollar in trade settlements and financial transactions, according to the country’s central bank governor. The BRICS nations are working on creating a common currency to reduce their USD reliance. Indonesia’s De-Dollarization Efforts Bank of Indonesia Governor Perry Warjiyo said Friday that Jakarta is following the lead of the BRICS bloc to shift...
Russia Launching Payment System With ‘No Restrictions’ — Digital Currencies to Be Completely Unrestricted
Russia is launching a new payment system that is “bound by no restrictions” where digital currencies could be used in cross-border payments, said Russian Finance Minister Anton Siluanov. “Two parties come to an agreement, make settlement payments, and no other country could step in and freeze such payments,” the top official explained. Digital Currency ‘Bound by No Restrictions’ in Russia’s New Payment System Russian Finance Minister...
Standard Chartered Bank: Crypto Winter Is Over — Bitcoin Could Reach $100K Next Year
Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the cryptocurrency, including the recent turmoil in the banking sector. Standard Chartered Bank on Bitcoin Hitting $100K Global bank Standard Chartered said Monday that “crypto winter” is over and the price of...