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Saudi Arabia May Join De-Dollarization Shift as US Dollar Is Now ‘Unreliable and Dangerous’ – Economics Bitcoin News

A University of Tehran professor and member of Iran’s Presidential Delegation to China has stressed the importance of de-dollarization for the international community. “The dollar has been used as a weapon by the U.S. against different countries. It is unreliable and it is dangerous,” the professor warned. Iranian Professor Stresses the

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Web 3.0: A Paradigm Shift Towards a Decentralized, Semantic, and Intelligent Internet

Web 3.0, colloquially referred to as the “Semantic Web,” signifies a transformative evolution in the way we interact with and leverage the internet. The emergence of Web 3.0 comes with the promise of enhanced interconnectivity, user empowerment, and distributed architecture, making it a compelling development for experts in various fields,

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Frax’s shift to a fully backed stablecoin signals the end of DeFi’s algorithmic experiment

The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally be behind us.The decentralized stablecoin space has only proved effective with

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Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization – Economics Bitcoin News

After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open to trading in currencies other than the U.S. dollar. The statements follow China’s president, Xi Jinping, urging the Gulf monarchs to accept yuan for oil, and Riyadh officials saying last

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Play-to-earn falling out of favor after ‘massive shift in priority’ — BGA survey

The blockchain gaming industry is experiencing a "massive shift," with the once-popular play-to-earn (P2E) model falling out of favor and focus directed now at  improving gameplay experience, a new survey has found. The survey results were included in a newly released annual report from the Blockchain Game Alliance (BGA) on Jan.

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