The Bellatrix upgrade that marks the beginning of the last days of PoW is already deployed. It is not a big upgrade, but it contains some of the crucial components that must be introduced to the network before the merger that is scheduled for September 15 (which will happen between 13 and 15, according to … Read more
While mainstream media talks about the inevitable downfall of the whole crypto industry despite apparent signs of the opposite, we have other significant news to discuss. JPMorgan and BlackRock are two companies that continue expanding their crypto offerings even if their CEOs are talking about their doubts about the future of the domain. BlackRock is … Read more
One of the things that many people think of when it comes to cryptocurrencies is that crashes indicate that something wrong is happening and that such failures should never be considered a good thing. Vitalik Buterin has a completely different take on this issue and many in the crypto community support it and believe that … Read more
It seems that the project is finally close to its logical conclusion. At the beginning of 2021, the Indonesian government announced its plans to establish a crypto stock exchange that would allow all exchanges in the country to start operating legally and with full cooperation from authorities. It was a great announcement that immediately lifted … Read more
There is a concerning update in regards to one of the largest cryptocurrencies which includes Leon Li. Leon Li, who is the co-founder of the Huobi cryptocurrency exchange appears to be interested in selling his stake in the exchange. Leon Li Wants to Sell his $1 Billion Stake in Huobi Huobi, which is a globally … Read more
Minutes of the policy meeting of the Bank of Japan in April showed that some of the board members had been concerned about the excessive volatility in the Japanese currency. They had been concerned that it would disrupt the plans of corporate businesses, which highlighted the challenges that policymakers had to face because of the … Read more
On Thursday, the central bank in Argentina hiked up their interest rate, following the footsteps of some of the other global central banks in order to stave off the surging inflation in the country that has gone beyond 60%. The central bank decided to boost the benchmark Leliq rate by the most in three years. … Read more
On Thursday, the Swiss National Bank (SNB) took the markets by complete surprise when it decided to increase its interest rate for the first time in the last 15 years. As a matter of fact, the bank reiterated that it was prepared to take the rates higher, as it joined the slew of other global … Read more
With the Sterling sinking and the US Federal Reserve raising borrowing costs rather aggressively, it is understood that pressure will be high on the Bank of England (BoE) policymakers to announce a substantial interest rate hike this week. Increase is Inevitable Despite the fact that data showed Britain’s economy shrinking in April unexpectedly and indications … Read more
The jobless rate climbed for the first time in Britain since late 2020 and there was a cooling in other measures of the hot labor market in the country. This is likely to ease the inflation concerns that the Bank of England (BoE) may have, which is scheduled to raise interest rates in the country … Read more