Scope, a rating agency, pointed out that the cryptocurrency market is quite small with only 250 billion dollars, but they are still a danger to the traditional financial system. Financial institutions are not immune to the risks of the cryptographic system, especially if users demand services in…
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Lithium producer SQM obtains benefits over $ 585 million
The Chemical and Mining Society of Chile (SQM) recorded a net profit of 585.5 million dollars in the 2021 financial year, which means multiplying by more than three times the profits recorded a year earlier, as reported by the company in…
Germany has increasingly powerful data centers
Germany's data centers are getting more powerful, as their capacity grew by 84 percent between 2010 and 2020, measured by the maximum electricity consumption of installed hardware, the Borderstep institute in Berlin reported today. Energy…
OPEC expects demand of 100 million barrels per day
The Organization of Petroleum Exporting Countries (OPEC) considers that the new omicron variant of Covid-19 will have a "slight and short-lived" impact on world demand for crude oil, for which it expects that consumption will exceed 100…
US could sue Coinbase crypto exchange
The United States Securities and Exchange Commission (SEC) plans to sue the cryptocurrency exchange platform Coinbase for the future launch of a product that allows loans between cryptocurrency users, according to the company itself on its…
OPEC: The development of the pandemic will determine the global economic recovery
OPEC, in its monthly report on the oil market, pointed out that, despite the evolution of the Covid-19 pandemic, the global economic reactivation continues and "will not reduce the oil demand forecast for 2021 and 2022".
However, in the…
Oil prices fall due to OPEC+ uncertainty
Oil price registered a depreciation at the close of the day on July 15 due to the possibility that the OPEC+ alliance agreed to an increase in supply and after knowing an increase in gasoline reserves in the United States, which causes…
Netflix becomes the most popular brand in Latin America
A study carried out by the British consultancy Business Financing, found the most popular brands in the global arena in which the entertainment platform, Netflix, was above large brands such as Google or Amazon, in Latin America.
Despite…
More than 12,000 bitcoin ATMs have been installed globally
Bitcoin ATMs installation has exceeded 50 % due to the curve turned towards contactless payments caused by Covid-19.
The installation of ATMs on a global scale has increased to 12,241 according to the update made this November 22. In the…
Amazon disagrees with European Commission findings
Amazon expressed its "disagreement" with the preliminary conclusions of the European Commission, which on Tuesday accused the US multinational of having used sensitive information from companies that use the sales platform for its own…
Social networks will face lawsuits for banning cryptocurrency advertising
A group of representatives of cryptocurrencies from Australia, is preparing a lawsuit against different social networks such as Google, Facebook and Twitter.
Everything indicates that due to the measures applied by these networks, the…
Bitcoin approaches $ 20,000 this year
The report of the American financial advisory company, Bloomberg, reveals that the health crisis currently underway has generated a significant increase in the handling of bitcoin in the financial market, showing its strength amid the fall…