There are currently three basic types of digital currencies in development or circulation. Central bank digital currencies: A growing list of money-issuing governments is considering issuing digital versions of their fiat currencies, known as central bank digital currencies (CBDC). For example, China is testing its digital renminbi (e-RMD) to facilitate cross-border payments and circumvent existing […]
Archives for March 2022
What is Digital Currency?
As technology advances, so, too, does digital currency. An early form of digital-based money was the electronic exchange of cash between bank accounts or an electronic payment utilizing credit. This still takes place mostly by debit or credit card, with bank-to-bank electronic wires, an online payment system, or the use of a smartphone that carries […]
4 Ways to Futureproof Your Website
AI-driven search and digital marketing is just around the corner. So too are newer devices, such as folding phones, and faster-than-ever connections via 5G. As a webmaster or internet marketer, your work is never finished when it comes to maintaining your website and ensuring it works as it should. In this post, we’ll look at […]
Moody’s downgrades Russia’s credit ratings to pre-default
On Sunday, international rating agency Moody’s Investors Service has lowered Russia’s credit rating to Ca, the second-lowest grade of its ratings ladder. The decision was “driven by severe concerns around Russia’s willingness and ability to pay its debt obligations.” According to the agency, capital controls earlier introduced by Russia’s central bank are expected to restrict […]
Ukrainian military base near the city of Kherson
A captured Ukrainian military base near the city of Kherson – dozens of abandoned tanks, APC’s, trucks and other vehicles have been seized by Russian forces. 4,500 tonnes of ammunition, tanks rounds, guided missiles and more were also seized in ammunition depots. Almost all of the vehicles captured are intact, and are now being towed […]