Crypto News
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The U.S. Securities and Exchange Commission (SEC) has been ordered by a federal judge to pay over a million dollars for its controversial case against cryptocurrency firm Digital Licensing, which goes by the business name Debt Box. Judge Robert Shelby dismissed the case and ordered the Wall Street regulator to pay roughly $1.8 million in legal fees and ...
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Crypto scammers are desperately trying to hit it off with Canadians on dating apps and websites this summer. However, many hopeless romantics are paying a hefty price in the process. The Canadian Anti-Fraud Centre (CAFC) noticed an increase in two particular types of crypto scams targeting Canadian citizens — pig butchering, or romance scams, and investment ...
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In February 2024, two pseudonymous creators — “ctrl” and “Acme” — developed a new experimental token standard that combines the properties of two established token standards: ERC-20 and ERC-721. The ERC-404 GitHub site states that the two standards it intends to combine “are not designed to be mixed,” but the effort aims to merge them in “as robust a manner ...
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The U.S. Securities and Exchange Commission (SEC) has been ordered by a federal judge to pay over a million dollars for its controversial case against cryptocurrency firm Digital Licensing, which goes by the business name Debt Box. Judge Robert Shelby dismissed the case and ordered the Wall Street regulator to pay roughly $1.8 million in legal fees and ...
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A People's Bank of China deputy governor: • Bank will coordinate relationship between short-term tasks and long-term goals, stable growth and risk prevention, and internal and external balances. • Will support development of offshore yuan market. • Will prompt trade and investment facilitation. • Will accelerate implementation and effectiveness of reledning ...
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Ethereum (ETH) sustained its sideways movement on Wednesday as Bloomberg analyst Eric Balchunas compared spot ETH ETFs to Silver ETFs, predicting that they will only see 20% of the flows recorded across Bitcoin ETFs. Ethereum is slightly trending downward on Wednesday following fading ETF euphoria. Here are the latest news surrounding the number one ...
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Slap! A sound that reverberated across the nation at exactly 11:30am EST Wednesday. It was the sound of palms meeting foreheads at the Reserve Bank of Australia. The ensuing ...
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Bitcoin’s value hit a new record this year, exceeding its Covid-era high and shocking investors. Here’s what that 2021 rally can show us about this year’s spike—and the crypto ...
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Billions of dollars worth of Bitcoin are pouring into the type of blockchain projects that historically have been vulnerable to hackers and other security risks. The allure of the ...
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post: SWISS NATIONAL BANK'S JORDAN: REASONS TO BELIEVE THE NATURAL RATE OF INTEREST HAS INCREASED OR MIGHT RISEJordan: The natural rate of interest (r*) as a reference point for monetary policy - a practitioner's view Ladies and gentlemen I am delighted to be here today in Seoul to address such a distinguished audience. I would like to thank Governor Rhee for inviting me to give this keynote speech. The topic of this year’s Bank of Korea International Conference – ‘The Evolution of the Natural Interest Rate and Its Implications for the Global Economy’ – could not have come at a better time. Monetary tightening over the past two years has lifted policy rates and longerterm interest rates from their historical lows. There are reasons to believe that some of the structural drivers of real interest rates have also changed direction in recent years. A lively debate has emerged on whether real interest rates will return to their pre-pandemic levels, or whether they will remain higher because the natural rate of interest, r*, has increased.1 Over the past years, r* has become an important reference point for monetary policy. The difference between the real interest rate and r* gives a measure of a central bank’s monetary policy stance. Therefore, r* estimates help in evaluating different monetary policy options. However, the measurement of r* is subject to high uncertainty. Today I would like to focus mainly on how policymakers can nevertheless make use of r* estimates in practice. In the first part of my remarks, I will briefly review the developments in real interest rates over the past decades. I will then turn to the concept of r* itself. In the second part, I will discuss how policymakers can use r* in practice to assess the monetary policy stance, and in particular, how they can deal with the inherent uncertainty in r* estimates. Here I will draw especially on the Swiss National Bank’s experience.
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The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' ...
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A People's Bank of China deputy governor: • Bank will coordinate relationship between short-term tasks and long-term goals, stable growth and risk prevention, and internal and ...
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Bitcoin price extended its downside correction below the $69,000 level. BTC bears were able to push the price below the $68,000 support. Finally, the price tested the $67,000 zone. A low has formed at $67,100 and the price is now consolidating losses. It recovered above the $67,5000 level and the 23.6% Fib retracement level of the downward wave from the ...
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Ethereum (ETH) sustained its sideways movement on Wednesday as Bloomberg analyst Eric Balchunas compared spot ETH ETFs to Silver ETFs, predicting that they will only see 20% of the flows recorded across Bitcoin ETFs. Ethereum is slightly trending downward on Wednesday following fading ETF euphoria. Here are the latest news surrounding the number one ...
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The Australian Securities and Investments Commission (ASIC) has disqualified Andrew Liam Parry of Wentworth Falls, NSW, from managing corporations for the maximum period of five years due to his involvement in the failure of four companies. Between June 2014 and July 2023, Mr Parry was the director or officer of four companies that entered liquidation: • On ...