News list for " ovid"
The neutral level of the central bank's policy rate may have risen since the COVID-19 pandemic, according to Bowman, a Federal Reserve governor. Several factors, such as low borrowing costs and supportive fiscal policy, immediately took hold in the wake of the pandemic, according to Bowman, which kept the U.S. economy on a mostly solid footing even after the Fed's big rate hikes in 2021 and 2022. The same factors could cause the so-called neutral rate to rise. Economists also refer to this level...
Crypto service providers are required to remove unlicensed stablecoins due to new European regulations. Kraken is developing a dollar-pegged stablecoin and plans to issue it by its Irish subsidiary. Meanwhile, Crypto.com plans to launch its own stablecoin in the third quarter of 2025 and expand to the European market.
Fidelity Digital Assets and Lightning Network payment service Voltage jointly released a research report that the development of Lightning Network will enhance the value of Bitcoin as an investment target. The data shows that the average capacity of Lightning Network has increased by 384% since 2020, and it currently holds about 5,358.50 BTC, which is about $509 million at the current price of $95,000. The data does not include private and unannounced payment channels. The report emphasizes that...
Fold Holdings (ticker: FLD), a bitcoin payment rewards service, listed on Nasdaq on February 19 through a merger with FTAC Emerald Acquisition Corp, a special purpose acquisition company (SPAC). On its first day of listing, FLD shares rose more than 30% to $13 before falling back to around $11. According to public documents, Fold currently holds 1,000 bitcoins, worth about $96 million at current prices, making it another asset-liability company after MicroStrategy, Semler Scientific, and Metapla...
On February 16th, BNB Chain announced that it has partnered with major wallet providers to launch three MEV protection solutions, dedicated to helping users protect their transactions from sandwich attacks and gain a more secure DeFi trading experience. The three solutions are: Wallets with automatic MEV protection (enabled by default) Wallets with manual MEV protection options. Customized protection for advanced users. CZ commented: "Step by step."
According to on-chain data provided by Tie, 3,898 wallets increased WAVAX holdings, higher than the recent average of 1,600 wallets. Despite the price of Wrapped AVAX (WAVAX) falling by more than 4% in the past 24 hours, the accumulation of wallets on the Avalanche blockchain has skyrocketed.
TikTok said in a statement that it was resuming service after reaching an agreement with the service provider, thanked Trump for providing the necessary clear information and assurances to the service provider that it would not face penalties, and said it would work with Trump to seek a long-term solution that would allow TikTok to continue operating in the United States.
Market news: TikTok said it will shut down services in the U.S. on Sunday unless the Biden administration "immediately provides a clear statement" assuring service providers that it will not enforce the law.
Web3 liquidity provider Ordered Network announced that Solana Ecosystem DEX Raydium has officially launched the beta version of perpetual contracts supported by Ordered. 8.40 million active users of raydium can now access over 90 highly liquid perpetual markets for a seamless trading experience. This partnership will further strengthen Ordered's position as a permissionless liquidity layer for Web3 trading, while providing Solana traders with more innovative market options. Previously, OrderlyNe...
HydraDAO, which funds research to extend human lifespan, announced it raised $4.10 million through a HYDRA token sale. HydraDAO is designed to provide humans with biological replacement parts, including whole-body replacements, for maximum lifespan.
ZKcandy, a gaming-focused layer 2 blockchain powered by ZKsync, today announced the completion of a $4 million private funding round from investors including Wemix Pte. Ltd., Animoca Ventures, Spartan Group, Perlone Capital, Presto Labs, Flowdesk, Prometheuz, Lecca Ventures, and Efficient Frontier. Angel investors and early contributors from Stacks, Analog, Mittaria, Xangle, and Trading Strategies also participated.
Auto trading service Cango entered the bitcoin mining space in November, paying $400 million for 50 EH/s of hashrate, instantly becoming one of the largest miners in the world. Bitcoin's hashrate is currently hovering at 823 EH/s, and once Cango's 50 EH/s is fully online, it will provide about 6% of the hashrate behind bitcoin. For reference, MARA Holdings (MARA), the world's largest listed miner, has a hashrate of just over 47 EH/s, followed by CleanSpark (CLSK) and Riot Platforms (RIOT) at 32 ...
According to Sina Technology, green energy service provider GCL Nengke and Ant Digital signed a strategic cooperation agreement, successfully completing the first domestic RWA (real world assets) based on photovoltaic physical assets, involving more than 200 million yuan. It is reported that this is the first domestic PV physical asset RWA, helping domestic green assets and overseas funds to efficiently connect, realize digital technology empowers the real industry. The cooperation aims to impro...
On December 22, a Foreign Ministry spokesperson said that the United States has once again provided military aid and arms sales to China's Taiwan region, which seriously violates the one-China principle and the provisions of the three Sino-US joint communiques, especially the "August 17" communique. It seriously violates China's sovereignty and security interests, seriously violates the US leader's commitment not to support "Taiwan independence", and sends a serious wrong signal to the "Taiwan i...
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