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Tether USDT issues an additional 1 billion coins on the Tron network
As demand rises, Tether USDT has increased its market value by $2.6 billion. As a result, Tether has minted 1 billion more coins on Tron Network to satisfy the blockchain’s USDT chain swap demands.
More pain as mortgage rates hit 15-year high record in Britain
Mortgage rates are spiking in Britain following tough economic times and decisions from the European Central Bank and the Bank of England. The country has been experiencing record-high inflation rates that have necessitated the introduction of higher bank rates, which have raised living costs.
US Treasury yields fall as investors wait for key economic data
US treasury yields have back slides as investors await key economic data that could impact the Federal Reserve monetary policies.
Record U.K. wage growth depicts looming fear over inflation embedding
U.K. wage growth has shaken the eurozone markets as the country battles wild inflation rates. Investors are digesting the report, which shows inflation could run wild for a little longer.
UK FCA shuts down 26 crypto ATMs
UK FCA has joined a growing group of hawkish regulators after spearheading multiple crypto crackdowns. Now, it has ordered the shutdown of 26 crypto ATMs that have worked against set rules.
Sarah Silverman sues Meta and OpenAI for copyright violations
American comedian and author Sarah Silverman and two other authors, Richard Kadrey and Christopher Golden, have filed a lawsuit against Meta and Open Ai, claiming that the two establishments used their copyrighted works to train their AI models