Other News

Hydrocarbons, geopolitics and money

Whoever dominates the world’s energy markets rules global politics. Coal fuelled the expansion of the British empire. Control over oil flows helped the US dictate the settlement after World War […]

Stablecoins come unstuck again

The cryptocurrency market turmoil unleashed by the collapse of lending platform Celsius Network is putting dollar stablecoins under renewed pressure. Earlier today Celsius announced that it was pausing all withdrawals, […]

Blockchain carries seeds of own destruction

The technology behind the last decade’s cryptocurrency boom—blockchain—carries the seeds of its own destruction, say economists at the Bank for International Settlements (BIS). In a new bulletin, BIS economists Frederic […]

Crypto lender Celsius under pressure

Cryptocurrency lender and deposit-taker Celsius Network is under increasing pressure after this month’s rout in stablecoins. As at 06.00 GMT on 27 May, Celsius’s native token $CEL was trading at […]