Scientists Maxwell Murialdo and Jonathan L. Belof, from the Lawrence Livermore National Laboratory in California, confirmed the design of a stablecoin that they have called Electricity Stablecoin (E-Stablecoin) and that would transmit energy as a form of information.
The researchers decided to…
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Energy
They propose to suspend cryptocurrency mining in New York
New York lawmakers are preparing to amend the state's Environmental Conservation Law and are proposing to suspend cryptocurrency mining operations that use the proof-of-work (PoW) authentication protocol to validate business activities of…
Energy prices impact European inflation
Christine Lagarde, president of the European Central Bank (ECB) stressed that an increase in interest rates will not impact the reduction in energy prices, which are responsible for 50 % of the increase in inflation on the continent.
The…
IMF estimates 2.5 % growth for Latin America in 2022
The International Monetary Fund (IMF) published its new estimates on economic growth and slightly modified its forecasts for the Latin American and Caribbean region by 2.5 % for this 20220 in the framework of an environment marked by…
Cryptocurrency prices drop 4 % in a volatile market
The most popular digital currencies in the global market, such as Bitcoin and Ethereum, registered a drop in their prices of around 4 %, within the framework of a fairly volatile market environment exacerbated by the war between Russia and…
Kazakhstan to propose new tax regime for cryptocurrencies
Kazakhstan's Minister of Economy, Alibek Kuantyrov, explained that the government is working on a new tax regime that aims to increase taxes on activities related to cryptocurrency mining. As well as "its intention to link the new rate to…
German businessmen demand energy from renewable sources
The president of the Association of German Chambers of Industry and Commerce (DIHK), Peter Adrian, called for the measures planned by the German government to expand the production of electricity from renewable sources to be improved and…
Lightning Network will allow the issuance and transfer of cryptocurrencies
Taro is the new update of the Lightning Network, designed by CTO Olaoluwa Osuntokun, which allows all its participants to issue and transfer assets on the Bitcoin blockchain, including stablecoins globally, at a very low cost and Almost…
The US will release a million barrels of oil daily
Joe Biden, President of the United States, ordered the release of one million barrels of oil per day for the next six months, in order to replicate the increase in energy prices as a result of the war between Russia and Ukraine.
This is…
Sánchez presented a plan to alleviate the effects of the war
The President of Spain, Pedro Sánchez, presented the measures that allow establishing the bases for a decree on the national plan to deal with the economic and social consequences of the war between Russia and Ukraine, which will be…
UK announces measures to ease inflation
The UK Finance Minister, Rishi Sunak, announced before Parliament some fiscal measures, including a reduction in social contributions and fuel taxes, to alleviate the effect of rising prices on British consumers.
Sunak indicated that the…
Bank of England raises rates a quarter point
The Monetary Policy Committee of the Bank of England decided to increase, for the third consecutive time, the reference interest rate for operations by 25 basis points, going to 0.75 %. The decision was approved with votes in favor against…