Former Reserve Bank of India Deputy Governor SS Mundra is not optimistic about the success of the central bank digital currency (CBDC) or electronic form of rupee, despite the central bank’s efforts to popularise it. “If we talk about CBDC vis-a-vis UPI (united payments interface), usage of UPI is already prevalent and I don’t see … Read more
Westend61 | Westend61 | Getty Images I was packing up to head home from work last week when I noticed something that made my stomach sick. The space in my backpack normally occupied by my wallet was empty. I searched every nook and cranny of my bag and even crawled under my desk to search … Read more
On May 22nd each year, the cryptocurrency community commemorates Bitcoin Pizza Day, an event marking a significant milestone in digital currency history. This day celebrates the first-ever real-world transaction using Bitcoin, a moment that has become a symbolic tale of Bitcoin’s journey from an obscure technology to a global financial force. The Pizza That Started … Read more
A highly anticipated Bitcoin software update called the “halving” has been completed, dealing a potential blow to the companies that make money by ensuring that the digital currency functions smoothly and securely. The once-every-four-years event cut in half the so-called mining reward, which is the amount of Bitcoin released from the network to compensate companies … Read more
For enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys to propping up its value. This time around, it’s also set to trigger multibillion-dollar declines in revenue for the very companies that ensure the digital currency’s smooth functioning, right on the heels of a surge … Read more
Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to George Milling-Stanley, one of the world’s experts in gold and the chief gold strategist at State Street Global Advisors. “One of the reasons I own gold bar(s) is that I believe it offers me some … Read more
