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AshSwap the First Stable-Swap Dex Launches on MultiversX Mainnet
Date: February 12, 2023
Ho Chi Minh City, Vietnam, 11th February, 2023, Chainwire AshSwap, the first stable-swap DEX on the MultiversX blockchain (previously Elrond Network), is officially launching on the MultiversX mainnet on February 17. The DEX will seamlessly bridge critical DeFi functions and provide tighter spreads with a fraction of the liquidity on MultiversX. In...
2023 FinTech Predictions
Date: December 8, 2022
by Henrik Rosvall, CEO & Co-Founder at Dreams Technology The cost of living crisis will urge banks to revamp their digital banking offering To say that 2022 has been a turbulent year is quite an understatement. While the energy crisis has driven high levels of inflation, causing people around the world to face higher costs...
Wall St Heads Higher as Fed Rate Hopes Dent Dollar
Date: November 11, 2022
By Huw Jones LONDON (Reuters) – Global stocks rose on Friday for a second day on hopes that peaking U.S. inflation means less aggressive rate hikes from the Federal Reserve, leaving the dollar facing its biggest two-day drop in almost 14 years. Oil prices jumped after health authorities in top global crude importer China eased...
Twitter, Social Platforms Could See Spike in Election Misinformation
Date: November 9, 2022
By Sheila Dang (Reuters) – Election misinformation is spreading across social media platforms like Twitter and Meta Platform’s Facebook, as the vote count for the U.S. midterm elections continued on Wednesday in key battleground states, experts said. Online misinformation experts have worked to push back on misleading narratives that spread in the run-up to the...
First Industry Pilot for Digital Asset and Decentralised Finance Goes Live
Date: November 4, 2022
Singapore, 2 November 2022… The Monetary Authority of Singapore (MAS) announced today that the first industry pilot under MAS’ Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades. More industry pilots have been launched to test the application of asset tokenisation and DeFi across a...
Output of Apple iPhones at Major China Plant Could Fall 30% Amid Covid Curbs -Source
Date: October 31, 2022
By Yimou Lee TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday. Manufacturer Foxconn, formally Hon Hai Precision Industry Co Ltd, is...