News list for "Development"
As part of its roadmap for the development of virtual assets, the Securities Supervision Commission is considering developing a comprehensive framework covering financial Internet celebrities (Finfluencers), promoting best practices for responsible communication and engagement in investor engagement, and plans to enhance direct interaction with investors through proactive and ongoing education initiatives.
The Universal project development team Alongside completed a $9 million strategic financing, led by Andreessen Horowitz (a16z), and Coinbase participated in the investment to support its uAsset cross-chain liquidity solution. uAssets uses a "burn-cast" mechanism and Coinbase escrow to transfer assets between different blockchains (e.g. SUI, Ripple, Dogecoin). It is currently listed on Polygon, Arbitrum, Base, and plans to expand to all EVM chains and more.
The Federal Reserve's Bostic said confidence in the economic outlook for 2025 has decreased. It is difficult to take into account all potential policy changes in the economic outlook; inflation progress is not expected to show a straight line. The Federal Reserve did not cut interest rates significantly last year, and policy remains binding; satisfied with pausing interest rate cuts to observe economic development. The Federal Reserve is approaching the threshold level of its balance sheet, and ...
Hybrid execution network developer Fluent Labs completed a $8 million funding round, led by Polychain Capital, with participation from Primitive, dao5, Symbolic Capital, Builder Capital, Nomad Capital, and Public Works, as well as angel investors Balaji and Dingaling. Fluent is the first hybrid execution network that mixes Wasm, EVM, and SVM applications into a unified execution environment, allowing programs written for different VMs to work together in a unified execution environment.
According to Aggr News, the Tether co-founders are developing competing interest-bearing stablecoins.
On February 18, the reporter learned from the National Development and Reform Commission today (February 18) that our country will further break down the obstacles to market access, revise and issue a new version of the negative list for market access as soon as possible, support private enterprises to actively participate in the "two new", and accelerate the development of the private economy.
1. Central Bank: At the end of the fourth quarter of 2024, the balance of RMB real estate development loans was 13.56 trillion yuan, an increase of 3.2% year-on-year. 2. Central Bank: At the end of the fourth quarter of 2024, the balance of medium and long term loans in the real estate industry increased by 7.1% year-on-year, and the growth rate was 2.8 percentage points higher than that at the end of the previous year. 3. Xiaoyangchun in Shenzhen's property market took off, and the number of se...
On the sidelines of the Munich Security Conference (MSC), European leaders said that negotiations without the participation of European countries and Ukraine are "unacceptable". Christlich Demokratische Union Deutschlands chairperson Merz said at the MSC that Europe must participate in negotiations to end the war in Ukraine, "Russia and the United States are conducting... without the participation of Ukraine and European countries...
Market news: Musk's Department of Government Efficiency has started laying off employees in the U.S. federal information technology department.
On February 15, Li Qiang, a member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, conducted an investigation in Heilongjiang on February 15. He stressed that it is necessary to thoroughly implement the important instructions of General Secretary Xi Jinping on the development of ice and snow sports and ice and snow economy, focus on meeting the needs of people's better life, make good use of unique and advantageous resources, enric...
February 14th news, focusing on the outstanding problems in the development of the logistics industry, breaking down the "information island" and "data chimney", opening up the data of government departments, related enterprises and ports, highways, railways, aviation and other business systems, innovating logistics data interaction models and solutions, creating a number of representative demonstration projects, exploring the establishment of a multi-level logistics data opening and interconnec...
The dollar traded steadily as investors focused on remarks by Federal Reserve Chairperson Jerome Powell and looked ahead to U.S. inflation data due tonight. Testifying before the Senate Banking Committee on Tuesday, Powell said the Fed was in no hurry to cut interest rates. He will address the House Financial Services Committee tonight at 23:00. In a note, Swissquote Bank analyst Ipek Ozkardeskaya said the lower-than-expected inflation data will ease concerns about price pressures and weaken the...
Web3 development studio Mirai Labs has completed a $4 million seed round, led by Mechanism Capital, with participation from Oak Grove Ventures, Sophon Capital, Selini Capital, Bitscale Capital, Manifold, Rubik Capital, Protagonist, and Lhava. It is reported that Mirai Labs is developing a product called Partnr, which allows artificial intelligence agents to perform consumer-facing cryptographic tasks, such as managing wallets, while understanding users' needs over time.
According to the US media The Information, Apple recently started working with Alibaba Group to develop artificial intelligence features for iPhone users in China. According to people familiar with the matter, the move is one of Apple's strategies to cope with the decline in sales in China, aiming to provide more attractive software features. The sources added that Apple and Alibaba have submitted jointly developed Chinese artificial intelligence features to China's network regulator for approva...
According to Bloomberg, OpenAI plans to develop its first self-developed AI chip to reduce its reliance on NVIDIA. The chip design is expected to be completed in the next few months and will be manufactured by TSMC.
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