Search Results for: economic conditions

Japan’s Inflation Surges to 3.5% as New BOJ Governor Takes the Helm

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Esta semana, the Statistics Bureau of Japan unveiled the latest core consumer price index (IPC) report for the country, revealing a surge to 3.5%. This figure comes as a surprise to analysts who had predicted a more modest 2.9% for the…

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

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Bienvenido a Latam Insights, un compendio de las noticias criptográficas y de desarrollo económico más relevantes de América Latina durante la última semana. En este asunto: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged…

Blockchain.com Shutters Asset Management Subsidiary Amid Crypto Winter and Industry Turmoil

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According to reports and a filing that shows its name struck off the U.K. companies’ register list, Blockchain.com is sunsetting its Blockchain.com Asset Management subsidiary. A company spokesperson cited deteriorating “macroeconomic conditions” y el “crypto winter” as some of the reasons…

Cadenaanálisis: Crypto Scam Revenue Dropped 46% en 2022

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Revenue from cryptocurrency scams dropped 46% en 2022, according to blockchain data analytics firm Chainalysis. “We attribute most of this decline to market conditions, as scam performance tends to worsen when cryptocurrency prices are in decline,” the firm explained. ‘Crypto Scam…

Stablecoin Market Sees Supply Increase for Tether as Competitors Decline in Light of Recent Regulatory Developments

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While the stablecoin market has seen significant redemptions in the past three months, el suministro de atadura, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-November 2022. Tether is the only one of the top five stablecoins…

Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022

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Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps…

Informe del Banco Mundial pronostica sombrías perspectivas económicas mundiales, Citando “acontecimientos adversos” y una “desaceleración duradera”

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es enero. 10, 2023, el Banco Mundial publicó su informe Perspectivas Económicas Globales, afirmando que las perspectivas para la economía global y las condiciones económicas futuras son sombrías. Según el informe, 2023 Las previsiones de crecimiento se han recortado en todos los ámbitos., con…

Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia

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Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal…

Kraken Shutting Down Crypto Exchange in Japan Citing Weak Global Crypto Market

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Cryptocurrency exchange Kraken is shutting down services in Japan. The company explained that the current Japanese market conditions and a weak global crypto market do not justify the resources needed to further grow its business in Japan at this time. kraken…

Defi More Scalable Than Traditional Finance, New Study Says

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Despite the market conditions that prevailed in much of 2022, finanzas descentralizadas (definitivamente) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak…