IMF warns Central African Republic against Bitcoin Legal Tender Adoption

IMF warns Central African Republic against Bitcoin Legal Tender Adoption

The IMF warns CAR against the adoption of Bitcoin as legal tender citing ”legal, economic, and transparency issues.” Lightning Round: Bitcoin (BTC) has just been recognized as a legal tender in the Central African Republic. The International Monetary Fund feels that this decision might result in substantial economic issues. The IMF has already encouraged El […]

LSP suite Blocktank launched by Synonym

LSP suite Blocktank launched by Synonym

Synonym, an open-source software company dedicated to bringing tools and protocols necessary to operate in a hyperbitconized world, has introduced the Blocktank suite to simplify Lightning Network LSP channel management and users’ onboarding. The British Virgin Island company managed by CEO John Carvalho, CSO Paolo Ardoino of Bitfinex, and the CTO Reza Bandegi, works on […]

European Producer Price Inflation Hits Record High 36.8%

lagarde inflation ppi

Euro zone producer prices surged more than expected in March as energy prices more than doubled year-on-year, data showed today. Eurostat, the European Union’s statistics office revealed prices at factory gates within the eurozone jumped 5.3% month-on-month for a 36.8% year-on-year surge. With this in increase that has never been recorded before, inflation levels continue […]