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The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate. Source
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Crypto research firm Delphi Digital has shifted the focus of its research and development (R&D) protocol arm Delphi Labs to the Cosmos ecosystem. Delphi Labs is Delphi Digital's protocol R&D arm, with a team of around 50 aimed at incubating "Web3 primitives." The R&D arm had previously been focused on
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“We have singled out, for the first release of the digital euro, three use cases,” said Evelien Witlox, digital euro program manager at the European Central Bank, at an event hosted by the European Economic and Social Committee, a body that advises the EU government. Source
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Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise of digital payment apps and COVID-19 have only accelerated the decline in cash usage, fueling interest in digital currencies and demand for
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Members of the Germany-based Bundesblock, otherwise known as the German Blockchain Association, updated the community on the upcoming Markets in Crypto-Assets (MiCA) regulations in a virtual panel held on Thursday, Sept. 1.According to the panel, the final legal text for the long-awaited regulations is set to be released in the
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Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance; bitcoin and other cryptos rise. Original Source
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House Capital will invest up to $150,000 in each deal with investments happening as the firm comes across new companies rather than at a set pace, said Launch House co-founder Michael Houck. The fund has already deployed capital to 17 startups, and the majority were Launch House veterans. The investments
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It will do so by throwing relatively small checks ($250,000 to $1 million, he said) at behind-the-scenes infrastructure companies that make crypto businesses run smoothly. He specifically named security and authentication, data management, networking and storage – “all of the technological rails that decentralized applications will need in order to
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One analyst says "meh" as bitcoin climbs back above $20K, as reports surfaced that the troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis. Source
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