Ripple CTO David Schwartz updated that it is still uncertain whether the network problem will be resolved or self-healing. According to the previous XRPL browser page, network activity froze at block height 93927174 for 64 minutes, and then restarted at 10:58 am UTC on February 4. David Schwartz added that four things can happen if a node knows that it cannot reach a consensus with other nodes on the state of the network: 1. Nodes find one they won't arrive in advance...
Since its recent inclusion in the Nasdaq 100 Index, MicroStrategy has been subject to various rules and regulations, such as lock-up periods, to prevent potential insider trading, which may be one reason why its continuous increase in bitcoin holdings has been suppressed. In addition, there is also speculation that the choice to suspend the increase in bitcoin is because MicroStrategy is changing its strategy according to market conditions. The company may face a large tax bill for unrealized bi...
US Treasury Secretary Scott Bescent is now acting head of the Consumer Financial Protection Bureau, according to people familiar with the matter, signalling a possible shift in the Trump administration's strict approach to enforcement and regulation under Rohit Chopra, who was ousted by the Trump administration. The Biden-era appointee has imposed billions of dollars in fines and consumer compensation on banks including Wells Fargo, Goldman Sachs and Citigroup during his tenure. Mr. Bescent, a f...
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.9% in the fourth quarter, compared with a previous estimate of 2.9%.
Inflation will slow significantly this year, allowing the Federal Reserve to keep cutting interest rates, according to former St. Louis Fed President Brad. Brad said it looks like the Fed is on track to cut rates two more times this year, by 25 basis points each. Fed officials were expecting two rate cuts in December. "I don't really see anything stopping them from doing that," he said. However, Brad said another rate cut in March appears premature. He said: "From what's going on...
As part of its restructuring efforts to address the debt crisis, THORChain's governing body has passed an important proposal to convert defaulted debt into equity tokens. Specifically, the approved plan involves converting defaulted debt into equity through the issuance of a new token called TCY to creditors. TCY token holders are entitled to 10% of THORChain's revenue in perpetuity.
Meta CEO Mark Zuckerberg recently announced the sales data of Ray-Ban smart glasses for the first time, saying that more than 1 million pairs of Ray-Ban smart glasses will be sold in 2024.
On February 1st, Swyftx principal analyst Pav Hundal said that the current bear climate has become very tense, and the macro environment in favor of cryptocurrencies indicates that bitcoin is expected to hit new highs by the end of the quarter. Arthur Hayes, co-founder of BitMEX, previously predicted that Bitcoin could fall back into the $70,000 to $75,000 range, which would trigger a "mini-financial crisis" if it did happen. However, Dr. Sean Dawson, head of research at Derive, recently said th...
AI social gaming platform Little Umbrella has raised $2 million in seed funding from a16z SPEEDRUN, Workplay Ventures, Ubiquoss Investment, Disrupt.com, Breakpoint Ventures, GFR Fund, Virtual Reality Fund (VRF) and others. Little Umbrella's Death by AI supports cross-platform engagement across Discord, web and iOS, with the new funding to expand its online operations and accelerate the launch of Playroom, its cross-platform social gaming suite.
AI社交游戏平台Little Umbrella完成200万美元种子轮融资,a16z SPEEDRUN、Workplay Ventures、Ubiquoss Investment、Disrupt.com、Breakpoint Ventures、GFR Fund、Virtual Reality Fund (VRF)等参投。Little Umbrella推出的游戏《Death by AI》支持在Discord、网页和iOS跨平台参与,新资金拟用于扩大其在线运营规模,并加快推出由其跨平台社交游戏套件Playroom。
Rabobank said that at present, Trump's plan has not materially changed the economic outlook for the euro area. Therefore, there is no reason to expect the ECB to change the course of interest rate cuts at this time. The ECB Governing Council increasingly expects inflation to converge to its 2% target during 2025, which allows for another 25 basis points rate cut at the January policy meeting. However, uncertainty about the future remains high. Therefore, while the ECB may be inclined to...
The technical aspects of the daily external futures varieties are summarized, among which two varieties such as Brent crude oil have short opportunities.
The Federal Reserve did not suppress bullish sentiment by staying still. Gold ushered in the "closing battle" in January, and will send a strong bullish signal when it closes in...? > >
On January 30, Forbes recently released a ranking of the world's most trusted crypto exchanges, evaluating the security, transparency, compliance and transaction costs of more than 200 exchanges. CME Group topped the list, followed by Coinbase, Bitstamp, Binance and Robinhood in second to fifth place. Other exchanges on the list include Kraken, Gemini, Crypto.com, Fidelity, Bitget, OKX, HTX, Bybit, and more, covering major markets such as the US, Europe, Asia, and Latin America. These...