Coinbase seeks to introduce an international presence in UAE
Coinbase Executives have visited the United Arab Emirates to see if the country would be favorable to setting up their global presence. Due to regulatory uncertainties, the crypto exchange has been looking for alternatives to the U.S. and now is weighing whether the UAE could be a perfect match for it.
The Fed will most likely pause hikes, but that doesn’t mean its the end of the cycle- Standard Chartered CEO
Standard Charted CEO has commented on the likelihood of the U.S. Federal Reserve ( Fed) temporarily pausing interest rate hikes temporarily. However, he has added that he does not expect the end of the rate hikes cycle to be anytime soon as inflation is still running...
Meme coins season drives Bitcoin and Ethereum transaction fees to multi-year highs
Meme coins season is driving Ethereum and Bitcoin transaction fees up as investors are largely dealing with the two networks. Many developers use the Ethereum network to host the coins as smart contracts, which means a spike in the usage of the smart contracts...
US vice president holds a meeting to discuss the risks of AI
US vice president Kamala Harris met with top tech CEOs to discuss the risks associated with AI. She met with the CEOs, accompanied by Biden’s top advisors, on May 4, 2023, to figure out the impacts of the budding technology. AI discussions continue raging Kamala was...
ECB hikes interest rates by 25 bps as inflation rages
As most market analysts expected, European Central Bank(ECB) has raised its interest rates again by another 25 basis points. Its President, Christine Lagarde, has announced this decision saying that they are rallying to maintain their battle against inflation. ECB...
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