Category: News

IMF Warns Stablecoins Are Displacing National Currencies and Weakening Central Bank Control

By Emir Abyazov Key highlights: IMF warns stablecoins may shift entire nations away from local currencies. New data shows stablecoin growth outpacing global financial safeguards. Dollar-backed stablecoins could reshape fragile economies. The International Monetary Fund (IMF) has raised fresh concerns that stablecoins could accelerate currency substitution in countries with weak monetary systems, potentially undermining central […]

Nvidia’s Chinese Rival Moore Threads Turns Its Founder Into a Billionaire After 420% Stock Surge

By Emir Abyazov Key highlights: A 420% surge puts Moore Threads at the center of China’s chip ambitions. The IPO success raises new questions about Nvidia’s dominance. Massive demand reveals how strongly China backs local chipmakers. Chinese chipmaker Moore Threads Technology made a dramatic debut on the Shanghai Stock Exchange, with shares skyrocketing 420% on […]