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The Argentina central bank has opted to raise interest rates to 118% from the previously held 97%. Indeed, Reuters reported the move made by the country on Monday, as they also devalued the currency to 350 Pesos per US dollar. The Interest rate increase arrives on the heels of a rather shocking development in Argentina’s presidential primary elections. Specifically, the country voted for the unlikely Pro-Bitcoin candidate, Javier Milei. A large reason for his surprise victory is the country’s unfortunate economic situation. JUST IN: 🇦🇷 Argentina's Central Bank raises Interest rate s to 118%. — Watcher.Guru (@WatcherGuru) August 14, 2023 Also Read: Pro-Bitcoin Candidate Javier Milei Wins Argentina Primary Election Argentina Raises Interest Rates to 118% Countries around the world have faced distressing economic conditions in recent months, with inflation and recessionary risks abounding. Now, one of the hardest-hit economies has opted to...

Worldcoin project has remained controversial right from its announcement and currently facing regulatory trouble in multiple jurisdictions that it has launched. The iris scanning crypto project Worldcoin has now made it possible for even unverified customers to reserve their Worldcoin tokens (WLD). In an announcement on Aug. 11, the Worldcoi n project noted that the World app now offers a reservation s feature to make it easier for everyone to reserve their WLD tokens before verifying their World ID. The reservation will be valid for 12 months and users can redeem their reserved world tokens by visiting the iris scanning device called Orb. World App with reservation feature. Source: Worldcoin The Worldcoin project consists of three key elements: the Worldcoin ID, the Worldcoin App and the Worldcoin token (WLD). Users who are willing to scan their iris to create a biometric data-based ID system are rewarded with native WLD tokens. The iris scanning device is called Orb. The global d...