Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding

The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy. In a statement released via Twitter on September 14, … Read more

Kiss’ Gene Simmons Tweets Cryptic Message About His Bitcoin Plans

Rock band Kiss’ lead singer Gene Simmons has tweeted a cryptic message about bitcoin in response to a discussion on making cryptocurrency accessible to the masses. Simmons previously said he was interested in bitcoin, noting that its price goes up every time people think it’s dead. Gene Simmons’ Bitcoin Tweet Gene Simmons is an Israeli-born … Read more