The Personal Consumption Expenditures (PCE) index, the Federal Reserve's preferred measure of inflation, showed a slowdown in consumer price growth in May. While this is likely to improve market sentiment, it does not appear to be enough to prompt the central bank to lower interest rates.Experts

According to Hana Securities Research Center, several newly listed ETFs on June 25 are garnering attention. Here are four notable ETFs:KODEX US AI Tech TOP 10KODEX US AI Tech TOP 10 is an ETF that focuses on the top 10 key AI-related companies listed on the US stock market. This ETF features a portf

Santa Monica, CA - Raiinmaker, a company specializing in Web3 and AI technology, has announced the launch of its Mainnet. This development introduces enhanced security, scalability, and interoperability with other blockchains to its AI-powered network.The Mainnet launch comes after a successful test

The Chinese card payments market is expected to grow by 3.7% to reach CNY141.1 trillion ($19.9 trillion) in 2024, supported by a constant consumer shift towards non-cash payments, says GlobalData, a data and analytics company.GlobalData’s Payment Cards Analytics reveals that card payments value in C

Hong Kong -Neo partners with SubQuery to provide a fast and reliable indexer on Neo X. The partnership will involve integrating SubQuery’s technological capabilities into the Neo X platform, Neo’s EVM-compatible sidechain. This will advance the onboarding of users onto Neo X’s growing ecosystem.John

The Hashgraph Association partners with Adanian Labs and The Africa Blockchain Centre to empower 3000+ African youth with applicable knowledge of Web3. The partnership aims to provide a comprehensive curriculum in the form of DLT Africa Regional Developers Program, comprising essential skills to dev

Global inflation has been stubbornly persistent recently, particularly in the manufacturing sector. Financial markets continue to fluctuate as experts assess the evolving landscape.The U.S. bond market reflects this dynamic, with the 10-year Treasury yield at 4.434%, down 6.6 basis points, and the 1

GnosisDAO, the community behind the fully EVM-compatible layer 1 Gnosis Chain, has voted to spin off karpatkey, leaders in Web3 treasury management, as a stand-alone entity. karpatkey will be managed by the KPK token. The primary goal of the KPK token is to align parties actively contributing to the

Bitcoin balances on crypto exchanges have dropped to a five-year low, amounting to just over 2.3 million BTC, a striking shift driven by growing crypto adoption and evolving investor behavior. As Stocklytics reports, this significant reduction, equating to roughly $10 billion worth of BTC by Q1 2024

Kiwoom Securities topped the list of overseas stock information provision among securities firms in the first quarter of this year, according to a report by Data & Research, an organization specializing in survey and big data analysis.Kiwoom Securities, which attracts many individual investors, topp

Spark, the first SubDAO within the MakerDAO ecosystem, has today launched ‘Spark Cash & Savings’ on Gnosis Chain, the fully EVM-compatible L1 from Gnosis. Spark Cash & Savings is a non-custodial solution designed to improve users’ financial experience with stablecoins. The move marks a significant m

Nvidia will report its earnings on May 22 (US time) and is expected to deliver a strong performance. However, the expected move in the company's stock price is likely to be less dramatic than previous reports, according to Nigel Green, CEO of deVere Group, a leading financial advisory and asset

Doha, Qatar - The Hashgraph Association (THA), the Swiss-based organization at the forefront of global digital enablement, has today announced the signing of a strategic partnership with the Qatar Financial Centre to launch a Digital Assets Venture Studio, a platform to support local Qatari and inte

Dubai, UAE - VEME is revolutionizing community engagement and content creation with a proprietary new generative AI model that creates video memes. The platform was launched on April 25th and will allow both brands and individuals to leverage it to create specialized communities, digital assets, and

ST. MORITZ, Switzerland — Ripple, a provider of enterprise blockchain and crypto solutions and XRPL Labs announced on May 9 that develops wallets and other software for the XRP ledger, have joined Swirlds Labs and the Algorand Foundation as the Founding Members of the DeRec Alliance, with two-year s

Munich, Germany - Arcium, the first parallelized confidential computing network, has announced on May 9 that it has completed a $5.5 million strategic funding round led by Greenfield Capital bringing the total capital raised to $9 million. The round saw participation from Coinbase, Heartcore Capital

The latest figures for U.S. non-agricultural employment in April indicate a tempered growth trajectory, painting a nuanced picture of the country's labor market. The data shows that new employment in this sector increased by 175,000 person-month over month, falling short of both analysts' es

London, UK — Untangled Finance, a real-world asset (RWA) DeFi protocol underpinned by institutional-grade assets, has announced the launch of its first on-chain securitization pool on the Celo blockchain on May 2. This marks a significant milestone in bringing private credit into the decentralized f

Huawei Cloud Stack recently unveiled its latest endeavor, the "Leap2Cloud" initiative, alongside the release of a new version aimed at driving digital transformation across the Asia Pacific region. The announcement was made during the Huawei Digital and Intelligent APAC Congress 2024, specifically a

London – RACE, the first full-stack blockchain infrastructure platform designed specifically for tokenizing and trading real-world assets (RWAs), announced today partnerships with DFNS, the WaaS (wallets-as-a-service) platform streamlining digital asset operations, and Bridge, an issuance API provid