Central banks like the Netherlands and France are moving portions of their gold reserves from North America to Europe, not selling them, to reduce risks of sanctions and seizure. This shift follows the freezing of Russian reserves in 2022, highlighting the vulnerability of dollar assets compared to gold held domestically. The Dutch central bank moved 86 tonnes of gold to London to improve liquidity and crisis readiness, aiming to strengthen gold's role as a trusted reserve asset. These moves reflect growing caution about geopolitical risks affecting international reserves.
Pretty Good Policy for Zcash (PGPZ), a new advocacy group for the privacy-focused cryptocurrency Zcash, has registered its first lobbyist, Divij Pandya, in Washington D.C. The group aims to influence policy on financial privacy, digital asset market ...
The cryptocurrency market rebounded from a $50 billion drop driven by macroeconomic factors, finishing the week nearly flat with a market cap close to $3 trillion. Bitcoin gained about 1%, closing at $85,500, while Ether rose slightly by 0.4% to $2,7...
A security agency has reported that a group called Revenue Family is allegedly involved in the unauthorized theft of USDG stablecoins. The report is based on forensic analysis but lacks public evidence such as transaction details or official statemen...
MicroStrategy has stopped issuing its preferred STRC shares, which raised nearly $2 billion in May, and is now funding Bitcoin purchases primarily through common stock sales and cash reserves. This shift reflects a change in strategy amid market cond...
First Graphene has signed a three-year agreement with Turkish prepreg manufacturer Aeropreg to develop and commercialize a graphene-enhanced carbon fibre prepreg using its PureGRAPH® technology. This collaboration aims to optimize graphene incorporat...
