The Shibburn account has gained significant traction among the crypto community for its engagement and updates related to SHIB, especially about its burn rates.Continue Reading on Coin Telegraph More
To evaluate and comprehend the structure, syntax and context of the source language and produce correct translations in the target language, AI-powered translation systems use machine learning algorithms and natural language processing techniques. Continue Reading on Coin Telegraph More
The VAT cut to 8% from 10%, which has been in place since early last year, is not applicable to such services and products as banking, finance and real estate.The Southeast Asian country is trying to avert a slowdown in growth from weak demand in its key markets, after first quarter gross domestic product expansion slowed to 3.3% from 5.9% in the fourth quarter of last year.”The move will boost consumption, and hence supporting business and production activities,” Minister of Finance Ho Duc Phoc said in a report to the National Assembly last month.The regional factory powerhouse reported a 12.3% decline in exports in the first five months of this year, dragged by shrinking shipments of key products smartphones, electronics and garments. A VAT cut is expected to boost domestic consumption to compensate for the sharp fall in exports.The State Bank of Vietnam, the country’s central bank, has so far this year cut its policy rates four times by between 150 and 200 basis points to boost its economy. It last cut the refinance rate to 4.5%, the discount rate to 3.0% and the electronic interbank rate to 5.0% on June 19. More
According to on-chain data, an Ethereum user utilized Aave’s v2 lending platform to deposit 7.5 million USD Coin (USDC) as collateral. They then borrowed 4 million TUSD and promptly sold it for USDC. This strategy of borrowing and immediately selling is frequently employed to establish a short position on a particular asset.Continue Reading on Coin Telegraph More
“On the evidence that we have at the moment, it does look like, in July, there will be another 25 basis point increase. Some colleagues do feel that we’re likely to need further rises in the autumn. I’m just prepared to look at the evidence,” Makhlouf told the Irish Independent in an interview. “I do feel that we’re near the top of the ladder. Some others may feel we’re further down, but we’ll see.” More
Curiously enough, both Buterin and Hoskinson took part in creating Ethereum blockchain, but Hoskinson left at early stages of the project to put his own vision of a blockchain to life.He then founded Input Output Global (IOHK), which created Cardano chain and then after moving the headquarters from HK to the US, Wyoming, changed the name from IOHK to Input Output Global (IOG).Besides, he seems to have been also involved in the search for the submarine which dived into the site where Titanic sank a hundred years ago. The submarine lost contact with the outside world and sank too. The few people it carried are believed to be long dead by now – Hoskinson confirmed it in a recent tweet.One of the critics, in connection with Hoskinson’s “search for aliens” accused the mathematician of “spending other people’s money”, which Charles refuted, saying that “somehow the money I own is theirs? What kind of weirdo communist land is this?”This article was originally published on U.Today More
According to a June 23 Reuters report, Bloomberg, Dow Jones & Company, The New York Times, and the Financial Times have appealed Judge Dorsey’s decision to seal the names of FTX customers from the public.Continue Reading on Coin Telegraph More
According to a June 23 Bloomberg report, which cited a recent court filing, Celsius creditors have recently amended their lawsuit in the United States District Court of New Jersey to allege that Wintermute was engaged by Celsius executives to conduct improper market trading.Continue Reading on Coin Telegraph More
