U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose
One of the major topics of discussion in the crypto world today revolves around the collapsed digital asset exchange FTX, which has received approval from Judge John Dorsey overseeing its bankruptcy proceedings to sell billions in crypto assets. This development allows FTX to proceed with the sale of $3.4 billion
U.S. inflation reached 3.7% annually in August, according to the latest CPI statistics issued today by the U.S. Bureau of Labour Statistics, which beat the consensus expectation of 3.6%. Inflation has risen for two months in a row, according to the most recent figures. The Consumer Price Index (CPI) rose
The foundation renews its commitment to advancing Web3 technologies through key leadership changes. ZUG, Switzerland–(BUSINESS WIRE)–#ceo–Today, Web3 Foundation, whose flagship project is the Polkadot blockchain protocol, announces the appointment of Fabian Gompf as CEO. Fabian brings with him a wealth of web3 experience, a deep understanding of the industry, and
98% Treasury Allocated to Staking, and on-track to exceed C$98 million of treasury exposure to staking activities by early in the fourth quarter 2023 Management’s restructuring efforts are nearing completion and positions the Company towards being cash flow positive from an operating perspective and reaching profitability by the fourth quarter
In an effort to test the viability of a CBDC, the Hong Kong Monetary Authority (HKMA), the Bank for International Settlements (BIS) Hong Kong Centre, and the Bank of Israel (BOI), have collaborated. Project Sela is an effort to build a robust, decentralized, reliable CBDC (rCBDC) ecosystem that puts privacy
CoinStats offers exclusive rewards at the TOKEN2049 premier crypto event in Singapore this September. You can visit the CoinStats booth to test your “degenhood” at its unique “Degen Checkpoint” and take home an exclusive cap with its NFT version. This prize comes with a Lifetime CoinStats Premium subscription valued at
Tencent Cloud, the global tech giant’s cloud arm, has made a significant stride into the Web3 space with the launch of Tencent Cloud Blockchain RPC. Developed in collaboration with blockchain service provider Ankr, this offering is set to redefine Web3 infrastructure and support Web3 developers in their quest for reliability
CoinEx, a prominent cryptocurrency exchange, found itself in the spotlight on September 12 amidst suspicions of a security breach that potentially cost them close to a staggering $53.9 million. The incident sent shockwaves through the crypto community, as large withdrawals to an unfamiliar address raised red flags. On Tuesday, at
The Klaytn Foundation has proposed an ambitious strategy to use blockchain technology to bring about positive social change. By assisting a new generation of initiatives running on the Klaytn blockchain, it hopes to promote better financial accessibility across Asia and the rest of the globe. By putting in place key societal
