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Majority of Americans Believe US in Recession, Survey Shows
25.7.2024
New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief, followed by complaints from friends and family (50%)...
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Thailand distributing digital money to 45M citizens to boost economy
24.7.2024
The controversial plan began as a campaign promise and will help lower-income Thais buy more
Stonex Bullion’s Analyst Predicts Gold Increase Due to Heightened Political Confusion
23.7.2024
Gold prices are poised to rise due to the current political uncertainty in the United States, according to Rhona O’Connell, head of market analysis at Stonex Bullion. This comes as economic indicators suggest potential changes in monetary policy. Stonex Analyst Rhona O’Connell: Gold...
India Favors BRICS Payment System, Says Institute Director
23.7.2024
India supports the idea of an independent BRICS payments system but stresses the importance of a cautious and systematic approach. According to Ash Narain Roy, Director of India’s Institute of Social Sciences, thorough discussions among all parties are essential before making any decisions....
Weekly Crypto Market Roundup: Top Gainers and Losers Revealed
22.7.2024
On Monday, the price of bitcoin (BTC) increased by 6.8% over the past week, while ethereum (ETH) saw a 3.3% rise against the U.S. dollar during the same period. The top performers this week were the two meme coins MEW and WIF, which gained 129.3% and 56.7%, respectively. MEW and WIF Lead Gains This...
Paraguay miners urge state electricity board to reconsider upcoming price hike
22.7.2024
Capamad spokesperson Jimmy Kim claims that the electricity price increase, set for Aug. 1, may force 70% of legal crypto miners out of business
Jordan Launches National Blockchain Technology Network
20.7.2024
The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network in partnership with Jordanian blockchain company Blockexe. The implementation of blockchain technology in Jordan’s government sector aligns with the Jordanian Digital Transformation...
DePIN Allows Us to Be Stakeholders in the Machine Economy
18.7.2024
DePIN and Machine RWAs give us a stake in the robots coming after our jobs, say Mauricio Zolliker, co-founder of XMAQUINA, and Leroy Hofer, CEO and co-founder of Teneo Protocol
Greek gov't to impose crypto taxes starting 2025
18.7.2024
Currently gains on crypto profits are going untaxed and unrecognized by the Greek government - but not for long as regulators are seeking new taxes on the industry early next year
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
The First Descendant: Is Caliber Worth Spending Real Money On?
16.7.2024
Free-to-play loot shooter The First Descendant takes a page out of every freemium game with multiple forms of currency—the majority of which you earn in-game and upgrade various stats, items, and characters with. But there’s one that requires real money, and that’s Caliber.Read more
China’s Economic Influence Noted by Majority in 35 Countries, Pew Survey Shows
16.7.2024
A Pew Research Center survey of 35 countries, published last week, highlights China’s significant economic influence, with perceptions varying by income level. The survey covers Argentina, Australia, Bangladesh, Belgium, Brazil, Canada, Czech Republic, Egypt, France, Germany, Ghana, Greece...
Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves
13.7.2024
While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely monitor yield curve inversions, as they have historically signaled an increased...
European Central Bank is exploring blockchain and MPC technology
10.7.2024
The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future
Steam Dev Tells Player Who Posted Negative Review To 'Kill Yoursells'
9.7.2024
A Steam user left a negative review after playing Coin Pusher Casino on Steam. In response, a developer behind the game left a comment telling the player to “Kill Yoursells.” This has led to a backlash via a viral Reddit post, and an apology from the studio. Read more
Dubai Customs launches blockchain platform amid smart city effort
9.7.2024
Dubai Customs hopes the blockchain solution will facilitate tamper-proof data sharing, save time and effort and reduce voluminous paperwork for local supply chains
Longest Yield Curve Inversion in US History Continues Past 2-Year Mark
8.7.2024
The 10-2 Year Treasury Yield Spread (I:102YTYS) has been inverted since July 7, 2022, marking the longest period of inversion in U.S. history at over two years, surpassing the previous record of 624 days set in 1978. An inverted yield curve occurs when short-term bonds yield more than their...
Dr Disrespect Skins Removed From Abandoned Online Shooter, Players Refunded With Fake Money
8.7.2024
Free-to-play tactical shooter Rogue Company has disabled all cosmetics themed around Guy “Dr Disrespect” Beahm in the game following the streamer’s admission that he was banned from Twitch back in 2020 for having “inappropriate” conversations with a minor. Players will get refunds but only in...
Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
5.7.2024
In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St Onge raises concerns about the accuracy of U.S. inflation data and its implications for measuring true economic...