16:30 2025-04-04
USDC Treasury destroys 50 million more USDCs on the Ethereum chainAccording to WhaleAlert, 2 minutes ago, USDC Treasury destroyed 50 million USDC on the Ethereum chain.
The USDC Treasury today destroyed a total of 150 million USDCs on the Ethereum chain, including:
At 22:28, USDC Treasury destroyed 50.353 million USDC on the Ethereum chain.
At 21:11, the USDC Treasury destroyed 50 million USDC on the Ethereum chain.
16:27 2025-04-04
Powell: Trump has imposed tariffs far more than the Federal Reserve expectedOn April 4 local time, Federal Reserve Chairperson Powell said that the Federal Reserve was shocked by the scope of tariffs imposed by US President Trump, which means that the impact of tariffs on the economy will be greater than previously thought. Powell said that the increase in tariffs will obviously be much larger than expected, and the economic impact may also be the same, including rising inflation and slowing economic growth. The scale and duration of these effects remain uncertain. It i...
16:00 2025-04-04
Powell: Intended to serve out his entire termFederal Reserve Chairperson Jerome Powell: Intended to serve out the full term. I actually like this job very much. There is no absolute certainty in this job, and we can make mistakes.
15:48 2025-04-04
Powell: Progress towards 2% inflation target has slowedFederal Reserve Chairperson Jerome Powell, speaking on the economic outlook, said, Recently, our progress toward our 2% inflation target has slowed. In the 12 months through February, total PCE prices rose 2.5%. Core PCE prices, excluding the more volatile food and energy categories, rose 2.8%. Going forward, higher tariffs will play a role in our economy and could raise inflation in the coming quarters. Long-term inflation expectations (inflation expectations for the coming years) remain good b...
15:45 2025-04-04
Powell: We are closely monitoring the tensions between hard data and soft dataSpeaking on the economic outlook, Federal Reserve Chairperson Jerome Powell said that after several years of solid growth in the U.S. economy, many forecasters expect growth to slow this year. Survey respondents pointed to the impact of new U.S. federal government policies, particularly those related to trade. We are closely monitoring this tension between hard and soft data. As new policies and their possible economic impact become clearer, we will gain a better understanding of their impact on...
15:45 2025-04-04
Powell on non-farm payrolls: labor market is not a major source of inflationary pressureFederal Reserve Chairperson Jerome Powell, speaking on the economic outlook, said the labor market appears to be roughly in balance by many indicators and is not a significant source of inflationary pressure. Today's jobs report showed the unemployment rate at 4.2 percent in March, still at its lowest level since the start of last year. In Quarter 1, payrolls grew by an average of 150,000 jobs per month. The combination of low layoffs, slowing job growth and labor force growth has kept the unemp...
15:42 2025-04-04
Lens Chain mainnet officially launchedOn April 4th, the Layer 2 SocialFi blockchain Lens Chain announced that the mainnet was officially launched.
Previously, on February 26th, the social protocol Lens Protocol announced that it has migrated to Lens Chain. In collaboration with ZKSync, the Lens team developed a migration solution to maintain maximum data integrity. The migration successfully transferred 650,000 user accounts and their digital identities, 28 million follower connections, social graph and 360 applications.