Bitcoin News

The entire “metaverse department” is closed! Disney cuts 7,000 jobs

According to the “Wall Street Journal” citing people familiar with the matter, Walt Disney Company (Walt Disney Company, DIS) has laid off the entire Metaverse department, and almost all employees have been cut off. Disney Chief Executive Bob Iger sent an internal letter Monday informing employees that the company had begun the “7,000 layoffs” it …

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Ethereum “Shanghai Upgrade” enters the countdown!

The Ethereum Shanghai upgrade (aka Shapella) is expected to be implemented on April 13, when the mainnet will enable withdrawals for staked Ether. In this regard, the cryptocurrency exchange Binance (Binance) announced today (17th) that it will support Ethereum pledged withdrawals. page for withdrawal. Binance mentioned in the announcement that after the withdrawal function is …

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KuCoin leads the financing of “CNHC”, but is offshore RMB really suitable for stablecoins?

Recently, KuCoin Ventures, the venture capital arm of cryptocurrency exchange KuCoin, led a $10 million round of financing for the stablecoin issuer behind CNHC. CNHC is a stablecoin pegged to the offshore Chinese yuan. KuCoin focuses on the Chinese market and is registered in Seychelles. CNHC is pegged 1:1 to Offshore Renminbi (CNH for short). …

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India’s G20: Global Cryptocurrency Regulations to be Based on IMF, FSB’s Composite Document in September

At the G20 meeting in India, the world’s 20 largest economies announced after a three-day meeting that a comprehensive document jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) will form the basis for global cryptocurrency regulation. foundation, and said establishing a global regulatory framework for cryptocurrencies is a top …

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Fed meeting minutes released: terminal benchmark interest rate may be higher

The Fed released the latest meeting minutes yesterday. The directors agreed that the current inflation data is still too high compared to the long-term target of 2%, and the labor market is still quite tight. The cycle of rising wages and prices will have a negative impact on inflation. Certain pressure, although the growth of …

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The Hong Kong government will allocate 50 million Hong Kong dollars to promote the development of Web3 ecology

In his speech on the 2023 budget delivered on the 22nd, Hong Kong Financial Secretary Chen Maobo mentioned that the Hong Kong government promised to allocate 50 million Hong Kong dollars to accelerate the development of Hong Kong’s Web3 ecosystem, including promoting the holding of large-scale international seminars and cross-sector business cooperation . Chen Maobo …

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Step up CBDC development! Russia’s central bank to trial CBDC in 13 banks starting April 1

The Russian central bank plans to launch a test operation of digital ruble transactions between “real customers” in early April. A senior official of the bank confirmed the news to the Russian media and said that the Russian Monetary Authority will try the digital ruble for actual settlement, and more than a dozen banks will …

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Cryptocurrencies are up across the board! Bitcoin hits 6-month high above $24,000

After surging more than 10% in the past 24 hours, Bitcoin broke through $24,700 to hit a 6-month high before falling back, with Binance Bitcoin’s 24-hour high at $24,914 and an Asian time opening of $24,328 on the 16th, the author wrote Times around $24,640. Bitcoin had dipped below $21,600 in the past few days, …

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Bauer’s talk about “a dove with an eagle”: After Bitcoin surged and fell back, it stood firm at $23,000

Federal Reserve (Fed) Chairman Jerome Powell said this morning that U.S. inflation has begun to slow, but it will be a long and bumpy process to completely curb inflation, and if stronger economic data is seen, interest rates will It is still possible to rise above market expectations. A hawk-dove criss-cross speech caused violent fluctuations …

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