Author: admin

SINGAPORE – Tokenize Xchange aims to quintuple its number of employees in Singapore after raising an additional US$11.5 million (S$15.4 million). The Singapore-headquartered cryptocurrency exchange told The Straits Times that it plans to expand its Singapore team from 20 to 100 staff within the next 18 months. The exchange said about a quarter of its new hires will focus on strengthening compliance and operations, and the move comes as global regulators move to tighten regulations in this area. He added that it reflects the efforts of The exchange announced that it has secured US$11.5 million in Series A, Phase 2…

Read More

House ” journal » Redefining cryptography: How Kaspa’s (KAS) codebase overhaul raises the bar The Kaspa team today released a post highlighting the tremendous amount of work and innovation happening behind the scenes as we rebuild the foundations of cryptography. Those familiar with Kaspa understand that this is no ordinary crypto project, but an ambitious effort to redefine blockchain infrastructure and scalability. According to their latest information, the past 18 months have been a period of rapid evolution and progress, as opposed to a story of slow development. At its core…

Read More

©Reuters. JP Morgan neutralizes US vs. Eurozone stock market preference JPMorgan analysts said in a note Monday that they have neutralized their U.S. vs. eurozone preferences for several reasons. The bank downgraded its eurozone to underweight versus the US in early May 2023 and has prioritized the US ever since. However, the US is now overweight in the Eurozone, and the Eurozone is trading at its lowest price relative to the US at any time prior to COVID-19. “In absolute terms, euro area valuations are at the historical median of 13 times fair value to P/E and fair value to…

Read More

Financial markets await Purchasing Managers Index's 'flash' forecasts (PMI) These are initial forecasts for the current month and are subject to revision.In the eurozone, S&P Global's HCOB eurozone PMI bulletin released on Thursday is the latest indicator of economic health, after the European Central Bank revised down its 2024 GDP growth forecast at its March meeting. It will provide a snapshot. The consensus estimate for the composite index in March is 49.7, still just below the contraction-to-expansion line, according to FactSet. The manufacturing PMI index is expected to be 47, and the services PMI index is expected to be 50.5.…

Read More

of euro area The annual inflation rate in February 2024 was 2.6%, down from 2.8% in January. A year ago, it was 8.5%. The European Union's annual inflation rate in February 2024 was 2.8%, down from 3.1% in January. A year ago, it was 9.9%. These numbers are Eurostat, Statistical Office of the European Union.The lowest annual percentage rates are: latvia, Denmark (both 0.6%) and Italy (0.8%). The highest annual interest rate was recorded by Romania (7.1%), Croatia (4.8%) and estonia (4.4%). Compared to January, annual inflation rates fell in 20 member states, remained stable in five, and rose in…

Read More

Annual inflation rate in the euro area and its main components The euro area annual inflation rate was 2.6% in February 2024, down from 2.8% in January 2024. Looking at the main components of euro area inflation, the highest annual rate in February was services (4.0%, stable compared to January), followed by food, alcohol and tobacco (3.9%, 5.6% in January) %), followed by non-energy. Industrial Products (1.6 % compared to 2.0 % in January), Energy (-3.7 % compared to -6.1 % in January). Table 1: Euro area annual inflation rates and their main components: weights for 2024 and rates for…

Read More

Spring is just around the corner, but is crypto winter over? Last week, with Bitcoin trading at all-time highs and an industry-wide hunger for new sponsorship categories, many were wondering if everything old is new again. Will the exchanges where Bitcoin is traded start spending like they did just a few years ago, before some exchanges caught fire? FTXalong with the Miami Heat's home arena nameplate, what gave MLB umpires their brand for several seasons? Binance also filed for bankruptcy voyager, had a major sponsorship of the Dallas Mavericks. There was also confusion among some of his NFT and related…

Read More

Stay informed with free updatesJust sign up for euro area economy myFT Digest — delivered straight to your inbox.The eurozone's monthly trade surplus hit a record high at the start of the year, due to a sharp fall in energy import prices and an increase in exports. The single currency area's trade balance in goods reached a seasonally and calendar-adjusted surplus of 28 billion euros in January, the highest level since the EU's statistical agency Eurostat started compiling the data in 2002. became. This recovery reflects a similar improvement in Germany's trade balance, underscoring how the huge terms of trade…

Read More

On a recent Tuesday night, about 20 people crammed onto the second floor of Joniel Bong's newly opened Internet cafe in Quezon City, 16 miles from Manila. Sitting in front of a computer with a 34-inch curved monitor, they began playing video games like Heroes of Mavia and Nifty Island as music by Swift and Maroon 5 blared from the speakers.Playing these games can become a full-time job, and some of Bong's customers spent their nights eating pizza slices for energy. The game rewards players with cryptocurrency tokens for completing small daily challenges. Players often exchange tokens for pesos, the…

Read More

This article is an on-site version of the Disrupted Times newsletter.Sign up here to get our newsletter sent straight to your inbox three times a weekToday's top newsPlease visit our website for the latest news updates. live blogGood evening.This morning's encouraging trade figures for the eurozone raised hopes that the big shock caused by Russia's full-scale invasion of Ukraine is finally starting to wear off, as energy prices rebound and exports pick up. .The trade balance in goods reached 28 billion euros in January, the highest level since authorities began keeping track of the statistics in 2002. Last year, the…

Read More