Best crypto memes of the day – August 30th

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• Glass falls to the bear market

  TL;DR Breakdown Glass, a crypto startup that sought to monetize NFT videos, falls victim to the ongoing bear market The startup intended to create a platform where the creators would directly relate with their fans, which is not the case on Instagram, YouTube, and TikTok. Glass founders tie the reason for closure in that the market demand for NFT videos is not enough to sustain the growth of Glass  Description A venture-backed crypto startup, Glass, is currently falling into the ongoing bear market. The startup, which sought to monetize NFT videos, has announced through its founders, Varun Iyer, and Sam Sands, that it would move away as the market can no longer sustain its growth. With the onset of a bear market that left even … Read more A venture-backed crypto startup, Glass, is currently falling into the ongoing bear market. The startup, which sought to monetize NFT videos, has announced through its founders, Varun Iyer, and Sam Sands, that it would move away as the market can no longer sustain its growth. With the onset of a bear market…

  Article 2023年9月9日

• Janet Yellen takes on China to defend US firms

  TL;DR Breakdown Janet Yellen, US Treasury Secretary, visited Beijing to mitigate national security disputes and improve economic ties with China. Despite recognizing disputes, she stressed not allowing disagreements to harm the bilateral economic relationship. Yellen voiced concerns about Beijing’s punitive measures on U.S. businesses and potential export controls on essential minerals. Description In an ever-evolving global theater, the economic relations between the United States and China have been turbulent, to say the least. Treasury Secretary Janet Yellen, with her diplomatic acumen, attempts to steady the seesaw, not letting national security disputes overshadow the economic prospects. Her recent trip to Beijing, intended to stabilize the strained relations between … Read more In an ever-evolving global theater, the economic relations between the United States and China have been turbulent, to say the least. Treasury Secretary Janet Yellen, with her diplomatic acumen, attempts to steady the seesaw, not letting national security disputes overshadow the economic prospects. Her recent trip to Beijing, intended to stabilize the strained relations between the two powers, marks an important development in this diplomatic saga. Yellen’s hopeful diplomatic gesture…

  Article 2023年7月8日

• UK inflation rate down to 6.8% in July following reduced living pressure

  TL;DR Breakdown The annual inflation rate in the UK saw a significant drop to 6.8% in July. Despite the cost-of-living crisis in the UK showing signs of improvement, households are still facing significant pressures. Description In July, the annual inflation rate in the UK saw a significant drop to 6.8%, though the core consumer price index showed no change. The situation could pose challenges for the Bank of England. The recorded headline CPI value aligns with the predictions made by economists surveyed. That follows the previous month of June when … Read more In July, the annual inflation rate in the UK saw a significant drop to 6.8%, though the core consumer price index showed no change. The situation could pose challenges for the Bank of England. The recorded headline CPI value aligns with the predictions made by economists surveyed. That follows the previous month of June when inflation was unexpectedly lower at 7.9%. From a monthly perspective, the headline CPI experienced a 0.4% decrease, slightly better than the projected -0.5% decline. UK inflation still high According to the Office…

  Article 2023年8月16日

• Vitalik Buterin calls DFINITY Ethereum’s sister network – EDCON 2023

  TL;DR Breakdown Vitalik Buterin, co-founder of Ethereum, emphasized the close functionality between Ethereum and DFINITY by referring to DFINITY as Ethereum’s sister network. Buterin’s statement suggests that Ethereum and DFINITY are designed to work together and complement each other. While Ethereum remains a leading blockchain platform, DFINITY offers unique features and capabilities that enhance the overall blockchain ecosystem. The mention of DFINITY as Ethereum’s sister network highlights the importance of scalability for blockchain networks. Both Ethereum and DFINITY are actively working on scaling solutions to address the limitations of current blockchain technology and enable mass adoption. During the EDCON 2023 conference, Vitalik Buterin called the The Internet Computernetwork Ethereum’s sister network refuting competition claims. In the world of blockchain technology and crypto, Ethereum has emerged as a prominent player, revolutionizing the way we think about decentralized applications and smart contracts.  However, another platform has recently gained significant attention in the crypto community, positioning itself as Ethereum’s sister network: the DFINITY project. DFINITY is a groundbreaking blockchain platform that aims to provide a highly scalable and efficient decentralized computing network. Created…

  Article 2023年5月26日

• Yuga Labs takes ApeFest 2023 to Hong Kong

  TL;DR Breakdown Yuga Labs has announced that ApeFest would return in November 2023. The program is evolving into a multi-faceted convention experience. Description Yuga Labs, the parent company behind the popular Bored Ape Yacht Club (BAYC), has officially announced the highly anticipated return of ApeFest 2023. This massive in-person event will be held in Hong Kong from November 3 to November 5. The decision to bring back ApeFest demonstrates Yuga Labs’ commitment to revitalizing the Ape community’s trust … Read more Yuga Labs, the parent company behind the popular Bored Ape Yacht Club (BAYC), has officially announced the highly anticipated return of ApeFest 2023. This massive in-person event will be held in Hong Kong from November 3 to November 5. The decision to bring back ApeFest demonstrates Yuga Labs’ commitment to revitalizing the Ape community’s trust in the brand and reinvigorating excitement surrounding their landmark PFP (Profile Picture) project. Yuga Labs set to host the event in November Despite the recent decline in the overall NFT market, including a drop in the value of Bored Ape Yacht Club (BAYC) and…

  Article 2023年7月16日