Cryptocurrencies hold “no societal benefits,” and should instead be seen as a form of gambling, according to European Central Bank (ECB) board member Fabio Panetta. In a speech held at the Bank for International Settlements (BIS) last week, Panetta argued that cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), fail to serve any meaningful purpose in society. He also made it clear that…
Asset management giant BlackRock’s recent application to launch a Bitcoin exchange-traded fund (ETF) has stirred a debate within the crypto community, with mixed reactions and concerns about the involvement of traditional financial giants in the industry. The world’s largest asset manager’s move to enter the crypto space is seen by many as a significant validation for the…
Binance Labs and CoinFund have co-led a $10 million funding round for Neutron, a cross-chain smart contract platform focused on interchain security within the Cosmos ecosystem. Binance Labs, the investment arm of leading cryptocurrency exchange Binance, took the lead in the funding round, Binance said in a Wednesday blog post. Cryptonative investment firm CoinFund co-led the funding. Delphi Ventures, LongHash, and Nomad also participated in the round….
Venezuela’s ban on cryptocurrency mining has severely damaged the industry that President Nicolás Maduro once supported. Back in March, the state regulators ordered a halt on mining cryptocurrencies after an investigation into a corruption scheme in which crypto wallets redirected payments owed to the state-run oil company Petróleos de Venezuela. So far, around 80 people have been arrested in…
Unique flight #PIA conveying help supplies worth US$ 3 Million from #China came to #Islamabad the previous evening. We express gratitude toward Chinese individuals and authority for their solidarity and value #China’s proceeded with help to battle #COVID19. ï
Monetary Coordination Committee (ECC) of the bureau on Monday battled to set up instruments for dispensing of different components of the national government’s Rs534 billion alleviation bundle reported for moderating the effect of the coronavirus flare-up on the nation’s needy individuals and economy. Educated sources said that the ECC meeting, managed by Adviser to the…
Myanmar has detailed its first coronavirus demise as a 69-year-elderly person kicked the bucket on Tuesday. He had come back to the nation in mid-March in the wake of getting malignant growth treatment in Australia.The nation of 54 million individuals, with one of the locale’s most immature social insurance frameworks, just affirmed its first case…
One more covid case has been confirmed in Balochistan, taking the provincial tally to 133, according to a spokesperson for the Balochistan health directorate.The total number of cases detect across the country now stands 1,321.
Pakistani actor Saboor Ali showed off his hidden talent during his isolation during a coronavirus outbreak. Gul-o-Gulzar’s character has taken to Instagram to share his pictures with fans and show him his hidden talent. reconnect with the things you love to do … Although I was very scared to hold a brush after ten years,…
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