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The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the global economy. UNCTAD calculated that for every Fed basis point rise, the economic output of wealthy
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The second largest cryptocurrency is making a new wave in space in inflows, Ethereum and its related products recorded massive inflows for
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Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge Ethereum) forked from Ethereum's Merge, became live. This forked version of Ethereum aims to maintain the proof-of-work mining process for
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Uniswap (UNI) started with a bearish stride in 2022 along with Ripple and most other cryptocurrencies but it has been gaining some
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Movella, a metaverse-adjacent firm that offers motion capture sensors and software, will become a publicly-traded company on Nasdaq through a combination with Pathfinder Acquisition Corporation (PFDR), according to a regulatory filing with the U.S. Securities and Exchange Commission. Pathfinder is a special purpose acquisition company, or SPAC, formed by affiliates
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The market has not previously seen crypto SMA because crypto remains “a fairly new asset class," with only a few firms building traditional products with crypto exposure, Key explained. There is a growing section of crypto-curious traditional investors, who are hesitant to make direct investments, which means there is a
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Decentralized exchange aggregator 1inch has partnered with Unstoppable Domains to help users simplify cryptocurrency payments — a move the company says could strengthen the wider adoption of decentralized finance (DeFi) products and services. Under the partnership, 1inch wallet users can enter “human-readable domain names” when sending crypto payments using Unstoppable’s naming
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Public blockchains can be accessed and read by anyone but creating meaningful insights from this data is no mean feat. Millions of transactions are recorded across a variety of chains and layer-2 protocols, creating petabytes of data daily.Services like Google transformed the early internet, accomplishing a significant engineering task by
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press release PRESS RELEASE. Coorest, a Polygon-native project, is the first blockchain project to have a certified standard for carbon compensation entirely on-chain — allowing anyone with an internet connection to compensate for their carbon footprint, thereby demonstrating that the newly certified Coorest Carbon Standard (CCS) is an excellent alternative
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