Saudi Arabia has intensified preparations for a potential crypto adoption as its Central Bank recently hired Mohsen Alzahrani to spearhead the bank’s crypto and Central Bank Digital Currency(CBDC) plans. Previously, Mr. Alzaharani worked as a financial services Managing Director at Accenture. He has ten years of experience in the finance field. Also, he served as…
The 2TM group of companies, owner of the South American Coin Exchange, Mercado Bitcoin, has opted to lay off part of its Staff to cut costs to sustain the business in the ongoing bear market. The Bitcoin Portal, a crypto-focused blogging website owned by 2TM, stated, “The company relieved fifteen percent of its employees of…
Solana hovers at a critical junction during this publication as the cryptocurrency market sees a U-turn in its relief process. The crypto market remained negative, with the world’s largest crypto changing hands beneath the $20K mark. Historically, altcoins tend to mimic Bitcoin’s footsteps. SOL’s price revealed such narratives during this publication. The alternative token has…
Market players often regard Litecoin (LTC) as an underdog. The alternative token recorded an impressive performance over the previous week. Surprisingly, Evening Standard features Litecoin in the Top Five Alt list. That had added value and traction to the blockchain. The list included some of the cryptos that could be perceived alternatives to the leading…