Month: May 2023

Ethereum Launches Shanghai Update, Scaling Solutions Polygon (MATIC) And Arbitrum (ARB) Soar, While TMS Network (TMSN) Rules Market With Extreme Token Price Hike

by

Ethereum’s Shanghai Upgrade has unleashed a wave of institutional interest in staking, with Scaling Solutions Polygon (MATIC) and Arbitrum (ARB) witnessing a significant increase in inflows. Meanwhile, TMS Network (TMSN), a new Ethereum-based exchange, is seeing massive market growth, boasting a 1600% price increase. Polygon (MATIC): Scalability Through Plasma And PoS Polygon (MATIC) combines Plasma … Read more

Avalanche (AVAX) And Fantom (FTM) Struggling to Compete With TMS Network’s (TMSN) Million Dollar Investment Windfall

by

In the highly competitive world of blockchain and decentralized finance, the success of a project largely depends on its ability to attract significant investment. Avalanche (AVAX) and Fantom (FTM), two prominent players in this space, have been struggling to keep up with TMS Network’s (TMSN) recent $4.0 million investment windfall. This article explores Avalanche (AVAX), … Read more

Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse

by

The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains safe, analysts are warning that this might not … Read more

Russia Monitoring US Economy Amid Possible Default, Says Official

by

Russia is closely monitoring the U.S. economy amid discussions of the U.S. government defaulting on its debt obligations. Treasury Secretary Janet Yellen said the Treasury will be unable to pay the government’s bills if Congress does not act by June 1. Russia Monitoring US Economy in Case of Debt Default Russia is closely monitoring the … Read more

Ron DeSantis Vows to Prohibit CBDC, ‘Woke Politics,’ and ‘Financial Surveillance’ in Florida

by

Florida governor Ron DeSantis reiterated his call for a ban on central bank digital currencies (CBDCs) during a visit to Jacksonville on Tuesday. Last March, DeSantis pushed for legislation to prohibit a CBDC in Florida. At Tuesday’s event called “Government of Laws, Not Woke Politics,” he stated that if the U.S. Federal Reserve or Treasury … Read more