BNB Chain Launches Greenfield V1.7 Update to Enhance Developer Experience with MindPress Integration

Ted Cruz, a Republican senator who has been a staunch supporter of Mr. Trump, warned of the administration's move to back up the ante tariffs, saying they would pose a "huge risk" to the US economy and could leave Republicans facing a "crushing defeat" in next year's midterm elections. In a podcast released on Friday, Mr. Cruz said long-term trade tariffs would drive up inflation and hit markets hard, with the economic consequences likely to help Democrats retake the House of Representatives and...

Federal Reserve Chairperson Jerome Powell made clear that the Fed will not rush to react to sweeping tariffs imposed by the Trump administration or to financial marekt over fears of a global recession. On Friday, Powell told a conference in Virginia that tariffs could have a major impact on the U.S. economy, including slowing growth...

JPMorgan Chase has warned that under the weight of the Trump administration's tariff policy, the real gross domestic product (GDP) of the United States will contract, and the economy may enter a recession. Michael Feroli, the bank's chief economist in the United States, pointed out in the latest report that JPMorgan Chase has lowered its full-year real GDP growth forecast to 0.3% from the previous 1.3% growth, and expects the economy to contract in the third and fourth quarters of this year. "Th...

The United Nations Conference on Trade and Development (UNCTAD) released a statement on April 4 local time, pointing out that global economic growth may further decline as major economies will impose new tariffs. In a low-growth, high-debt global economy, tariff increases could weaken investment and trade flows, adding uncertainty to an already fragile environment. This could weaken confidence, slow investment and threaten development gains, especially in the most vulnerable economies. For busin...

Space Systems Command awarded Musk's space exploration company SpaceX a $6 billion launch contract, United Launch Alliance a $5.40 billion contract, and Bezos' Blue Origin a $2.40 billion contract.

Cryptocurrency-to-fiat app P2P.me announced the completion of a $2 million seed round, with participation from Multicoin and Coinbase Ventures. It is reported that the open protocol is built on Base and plans to launch a token within the next 12 months, transferring control to the community.

Bitcoin is showing signs of shedding the attractive force of tech stocks amid the financial marekt of the past few days. Since the pandemic, Bitcoin has remained highly positively correlated with the Nasdaq 100 index, which typically moves in sync with the benchmark index. But on Friday, Bitcoin actually rallied about 1% to around $83,300, while the Nasdaq 100 index rose for the first time in a row due to Trump's tariffs.

Meta Platforms plans to invest nearly $1 billion in a data center project in Wisconsin.

EigenLayer said in a post on the X platform that it plans to officially launch the main network Slashing mechanism on April 17. Slashing allows AVS to set conditions that operators must abide by. If operators fail to meet the requirements, AVS can punish them, and otherwise give rewards. Slashing will be implemented in stages, and operators and pledgers need to choose whether to accept the Slashing standard.

Barclays: The expected number of rate cuts by the Federal Reserve in 2026 has been reduced from three to two, each of 25 basis points. Economist Marc Giannoni and others still expect the FOMC to cut rates by 25 basis points in June and September this year, but the path of such rates is very uncertain.

Hedge funds suffered their biggest margin call since 2020 after global financial marekts tumbled as a result of Trump's tariffs. Wall Street banks have asked their hedge fund clients to put up more money as collateral for loans as the value of their holdings plummets, according to three people familiar with the matter.

The futures market had raised the odds of a rate cut to about 50 per cent at the Fed's next meeting on May 6-7, but that dropped to about 30 per cent after Mr. Powell spoke. Market participants wanted to see so-called Fed Put options, in which the Fed cuts interest rates to appease struggling markets, but on Friday they...