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White House Is Not Preparing for Recession — Chief of Staff Says US Economy Is Strong

November 5, 2022 0

White House Chief of Staff Ron Klain says that the U.S. is not in a recession. “The economy is growing. It is strong,” he stressed. In addition, White House Press Secretary Karine Jean-Pierre said there are no meetings or anything happening in preparing for a recession. White House Dismisses

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MEXC and Coinbase Reach Partnership to Jointly Fulfil the Privacy and Security Obligations of Cryptocurrency Under the TRUST Framework

November 4, 2022 0

PRESS RELEASE. On October 31st, the cryptocurrency trading platform MEXC announced that it had reached a cooperation with Coinbase to jointly fulfil the privacy and security obligations of cryptocurrency under the framework of Coinbase’s TRUST Network (TRUST). The TRUST network is an alliance of the world’s leading cryptocurrency exchanges. And the TRUST solution is

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Tim Draper Extends BTC Price Prediction by 6 Months — ‘By Mid-2023, I’m Expecting to See Bitcoin Hit $250K’

November 4, 2022 0

The American venture capitalist and founder of Draper Fisher Jurvetson (DFJ), Tim Draper, is still confident his bitcoin prediction that says the crypto asset will tap $250K per unit. Draper said in April 2018, at the Draper University blockchain party, that he predicted: “$250K by 2022.” At this year’s Web Summit 2022 event, Draper said […]

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Formula One Team Haas F1 to Mint Branded NFTs With Opensea

November 4, 2022 0

U.S.-licensed Formula One constructor Haas F1 Team has announced a collaboration with non-fungible token (NFT) marketplace Opensea. As part of the agreement, a collection of NFTs will be produced for Haas while Opensea’s logo will appear on its cars. Opensea to Help American Formula One Team Launch NFT Collection Leading peer-to-peer marketplace for non-fungible tokens

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‘Atomic Settlement’ — New York Fed Completes First Phase of Digital Dollar Experiment Called ‘Project Cedar’

November 4, 2022 0

The Federal Reserve Bank of New York has published findings stemming from an experiment dubbed “Project Cedar,” a protocol that uses a wholesale digital dollar in order to improve financial transactions. Michelle Neal, head of the bank’s Markets Group remarked on Friday that the research “indicated that settlement could occur in fewer than 10 seconds […]

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Lbank’s Successful Web Summit Lisbon Exhibition, Free to Ride Campaign, and More

November 4, 2022 0

PRESS RELEASE. INTERNET CITY, DUBAI, LISBON, Nov. 4th, 2022 – Global crypto exchange, LBank, joined Web Summit Lisbon in Portugal as a proud sponsor and exhibitor. Lisbon has been on LBank’s list of destinations for a while and it was great for the top-20 crypto exchange to finally set foot in Europe officially. The 4-day […]

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Chinese Government Releases VR Research Plan Including Metaverse and Odor Simulation

November 4, 2022 0

The Chinese government has presented a plan of action regarding the inclusion of virtual reality (VR) and augmented reality (AR) in the lives of the Chinese people. The plan contemplates research of several technologies, including the development of an open metaverse platform for its citizens and research on odor simulation technology. Chinese Government Includes Odor […]

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Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’

November 4, 2022 0

During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym, […]

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Biggest Movers: MATIC Moves to 6-Month High, ATOM up 10%

November 4, 2022 0

Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, with prices rallying to a five-week high. Overall, the cryptocurrency global market cap is now trading 2.64% higher. Polygon (MATIC) […]

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Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, as NFP Report Looms

November 4, 2022 0

Cryptocurrency prices rebounded on Friday, as markets prepared for the latest U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs will have been added to the United States workforce, which comes as job openings once again trended higher. Bitcoin moved away from a recent floor of $20,060, with ethereum surging closer to $1,600 […]