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CoinEx Explains How the Intersection of AI and Web3 Will Revolutionize Crypto
16.6.2023
The emergence of cutting-edge artificial intelligence capabilities has ignited the imagination of business strategists worldwide, urging them to envision the future operations of their respective industries in this era of AI. Simultaneously, the advent of Web3 is transforming our very interaction...
Bitcoin Regains Ground to Reach $25.2K, but Investors Remain Jittery About U.S. Economy, Monetary Policy
15.6.2023
Tether’s USDT stablecoin loses its $1 peg, while other major cryptos spend their day in red territory
Stablecoin Market Records $2.4B in Redemptions in 30 Days as Leading Tokens Experience Supply Decline
15.6.2023
According to statistics, over the span of 30 days, from May 15 to June 15, 2022, more than 2.4 billion stablecoins were redeemed. During this period, three of the leading stablecoins experienced a decline in their supplies ranging from 4% to 19% compared to the previous month. Stablecoin Economy...
Sweat Economy DAO votes to repurpose $10M of idle tokens
15.6.2023
The move-to-earn platform had 2 billion $SWEAT tokens locked up in inactive user accounts which the community has voted to be returned to a governance contract
US Inflation Cools to 4% Annual Rate, Setting Stage for Fed’s Decision on Interest Rates
13.6.2023
The U.S. Bureau of Labor Statistics’ consumer price index (CPI) report, released on Tuesday, reveals that inflation in the United States has eased to a yearly rate of 4%. The latest development arrives just ahead of the upcoming Federal Open Market Committee (FOMC) meeting scheduled for June...
Ugandan Bitcoiner dreams of the secular economy: BTC Prague 2023
13.6.2023
The Bitcoin community helped Uganda’s Brindon Mwiine travel to BTC Prague after winning tickets for his adoption efforts in East Africa
The first-world debt crisis means you can expect more pain ahead
12.6.2023
You should be prepared for gradual deterioration in your quality of life — or search for alternative assets that could protect your wealth
Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion
10.6.2023
The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized finance (defi) sector, with the total value locked...
IMF Urges Fed to Maintain Tightening Policy Amid Inflation Concerns, Citing ‘Challenges’ Ahead
9.6.2023
On Thursday, International Monetary Fund (IMF) spokesperson Julie Kozack urged the U.S. Federal Reserve and several other central banks to maintain a restrictive monetary policy known as tightening. Kozack stated that the U.S. central bank may need to keep the federal funds rate higher “for...
Fitness App Sweat Economy to Decide Fate of 2.5 Billion Abandoned Tokens
8.6.2023
Move-to-Earn fitness platform Sweat Economy has proposed a governance vote to reassign over 2 billion abandoned SWEAT tokens.
The protocol had assigned billions of SWEAT tokens to users who signed up during its token generation event (TGE).
According to a recent blog post, several users never...
On the horizon: The creator economy is moving to Web3
8.6.2023
Blockchain projects continue to innovate and experiment in a number of industries and formats
JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar’s Reserve Currency Status
8.6.2023
JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar’s reserve currency status amid the ongoing de-dollarization trend globally. “The United States is the fundamental foundation of the global economy. The U.S. dollar is the fundamental reserve currency,” Dimon said...
Health and Fitness App Sweat Economy to Vote on 'Reallocating' 2.5B Inactive Tokens
7.6.2023
The 2.5 billion SWEAT tokens, which constitute around 13% of the total supply, were allocated to users at the app's conception last September
Russian Finance Minister Talks Dollar Attack on Russia, Importance of Developing Alternatives for Settlements
7.6.2023
Russian Finance Minister Anton Siluanov has given his opinion on the perceived attack the Russian economy has been receiving from the U.S. dollar, and how the country has moved to keep trade going. Siluanov also remarked on the importance of developing settlements in national currencies. Russian...
Blockchain Economy Dubai Summit 2023, uniting industry leaders for a groundbreaking event
7.6.2023
Dubai, UAE – The Blockchain Economy Summit, recognized as the world’s largest blockchain conference network, is set to redefine the future of finance by bringing together key players and experts from the crypto industry. The highly anticipated 8th edition of the summit will take place over...
How the Metaverse May Revolutionize the Creator Economy
6.6.2023
Consensus 2023 attendees unpack the future of Web3 and its implications for creator-first digital economies in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report
Japan Blockchain Week 2023 Supported by Ministry of Economy, Trade and Industry
6.6.2023
PRESS RELEASE. The Japanese Ministry of Economy, Trade and Industry (METI) has confirmed its support for Japan Blockchain Week 2023, establishing it as a significant platform for both the global and Japanese blockchain communities to convene, building upon the success of the previous year’s...
BNB Plunges 9% as Binance Faces Lawsuit, Exchange’s Bitcoin Reserves Record Significant Outflow
5.6.2023
Following the lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Binance and its founder Changpeng Zhao (CZ), the crypto economy experienced a substantial decline of over 5% against the U.S. dollar, reaching a total valuation of $1.13 trillion. Among the leading digital...
Japan Blockchain Week 2023 Receives Backing from the Ministry of Economy, Trade and Industry
5.6.2023
The Japan Blockchain Week 2023 in Tokyo will commence on June 18 to July 9, 2023. And according to the Chainwire report, the Japanese Ministry of Economy, Trade and Industry (METI) is backing this year’s edition.
This development comes amid the growing need for clearer regulatory pathways...
XRP Bucks Market Trend as Proponents Remain Optimistic About Lawsuit Outcome
5.6.2023
Although the crypto economy has dipped 1.5% in value over the past 24 hours, XRP, the sixth-largest digital asset by market capitalization, has posted gains recently. In the last week alone, XRP has surged over 10%, and year-to-date, this digital currency has increased by 35% against the U.S....