(Cointelegraph) Around 3,395 ETHs have been burnt since the EIP-1559 upgrade was announced on Thursday, with the average burn rate said to be up to $395,000 ETH per hour. Gas…
(Cointelegraph) The crypto fraternity is against a new tax amendment backed by the White House on the U.S. infrastructure plan calling for strict reporting requirements by developers and validators. The…
WTI crude recovered less than $0.5 on Friday to trade at about $69.40 a barrel, but the gain was not sufficient to erase as much as 6% losses sustained since…
(The Korea Times) Samsung Electronics will participate in building a pilot program for the Bank of Korea’s central bank digital currency. Samsung will test the functionality of the CBDC with…
(Novavax) Biotech firm Novavax announced $298 million in revenues in the second quarter ending June 30, up from 35.54 million reported in the comparable quarter of 2020. For the six…
(CNBC) The much-popularized Ethereum ‘London hard fork’ has been activated coinciding with a runup in ether prices. The upgrade is expected to solve current problems related to Ethereum blockchain by…
(Census Bureau) US importation of goods and services increased by 2.1% in June to $283.4 billion, pushing overall trade deficits up by 6.7% to $75.7 billion. Exports rose by a…
(BOE) The Bank of England voted unanimously to keep the bank rates unchanged at 0.1%, expecting inflation to rise further in the near term. The BOE Committee voted to continue…
(ECB) The European Central Bank has recognized the growing uncertainty from Covid-19 strains, voting to keep rates at present or lower levels until the 2% inflation target is reached. The…
(IHS Markit) The UK seasonally adjusted construction PMI Total Activity index was 58.7 in July, a sharp decline from a 24-year record high of 66.3 in June. The highest performing…
(NDRC) The Chinese National Development and Reform Commission approved shuttered coal mines to resume production to address power demand amidst climate impact concerns. NDRC wants operations in 15 coal mines…
(EA) Electronic Arts Inc. reported net bookings for the trailing twelve months of $6.136 billion, a gain of 3% year over year. EA’s total revenues for the three months that…