The State Investment Agency under the President of Kyrgyzstan signed a memorandum of understanding with Binance founder CZ.
According to the memorandum, the two sides plan to jointly promote the development of the cryptocurrency and blockchain technology ecosystem in the Kyrgyz Republic. This includes providing infrastructure support, technical support, professional consulting services on cryptocurrency and blockchain technology, and implementing related educational programs.
CZ said, "I have ad...
AI and bitcoin-oriented education company Genius Group has announced that it has been ruled by the U.S. District Court for the Southern District of New York to prohibit financing, selling shares, and using investor funds to purchase bitcoin.
Genius Group has been forced to reduce its bitcoin reserves from 440 to 430 coins to stay afloat and is appealing. The ban stems from a legal dispute related to Fatbrain AI (LZGI). Genius warns that if the ban continues, it will seriously threaten its normal...
U.S. stocks maintained their losses in midday trading on Thursday, with the Dow down more than 1,300 points, the Nasdaq down nearly 5% and the S & P 500 falling into correction territory. US President Donald Trump announced additional "reciprocal tariffs" of 10% to 49% on almost all countries, a move that could spark a global trade war and hit an already sluggish US economy hard. The number of Americans claiming unemployment benefits unexpectedly fell last week. Trump's tariffs and OPEC + produc...
Financial website Forexlive: Powell's speech on Friday will be more important than the non-farm payrolls data. The market has fully digested the expectation of a rate cut in June, but all the comments from Federal Reserve officials on the tariff issue are more hawkish. If Powell's wording also turns hawkish, then beware that the market's expectations for a rate cut by the Federal Reserve will undergo a serious repricing.
Since its launch on April 1, 0xbow's Ethereum Privacy Pool has processed 238 transactions totalling 67.49 ETH. The protocol ensures privacy through zero-knowledge proofs while screening illicit funds for compliance. The core contract consists of three layers: asset management, zero-knowledge privacy and compliance review. Vitalik Buterin is also one of the first depositors. The current limit for a single deposit is 0.1 to 1 ETH.
U.S. Commerce Secretary Jorge Lutnik said it is impossible for U.S. President Donald Trump to remove tariffs. Countries can address non-tariff trade barriers. President Trump will only negotiate if other countries address tariffs and non-tariff barriers.
The pricing of short-term interest rate futures in the United States shows that the Federal Reserve is expected to cut interest rates four times this year, starting in June.
Fitch said US economic growth in 2025 could fall short of the 1.7 per cent forecast in March given higher-than-expected tariffs. The upward pressure on commodity prices from tariffs means the Federal Reserve is likely to become more cautious about further interest rate cuts in the near term, and some sovereigns with high levels of export value added could come under downward pressure as US tariffs rise.