Breadcrumb Trail Links PMN Technology PMN Business Article content BEIJING — China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed anti-virus curbs, a private sector survey showed on Tuesday. The Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 49.0 in … Read more
Breadcrumb Trail Links PMN Business Author of the article: Reuters Josh Arslan and Norihiko Shirouzu Published Jan 02, 2023 • 4 minute read Join the conversation Article content BEIJING — Some people in the Chinese cities of Beijing, Shanghai and Wuhan braved the cold and a rise in COVID-19 infections to return to regular activity … Read more
With the use of relationships with parachains, Polkadot will be able to expand its ecosystem’s capabilities and reach new heights. Moonbeam Network and its subsidiary, Moon River, have joined forces with Bifrost recently. There’s hope for Polkadot, and here’s a quick article at how the crypto has been faring: The DOT’s price went up because … Read more
There has been an expected uptick in the Chainlink protocol’s optimism recently. This is due to the fact that the BUILD program is a part of Chainlink’s next protocol upgrade, Chainlink Economics 2.0. The initial 10 BUILD program projects were announced on Chainlink’s official Twitter account. This clearly increased the amount of online discussion on the … Read more
Certainly a welcome change for those who work in crypto. Despite widespread doom and gloom, Polkadot native coin, DOT, has become the most discussed cryptocurrency in the community. Still, that’s not the end of the good news. A recent tweet by @PolkadotInsider explained how Polkadot has more active developers than Ethereum. This demonstrates the ecosystem’s … Read more
(Bloomberg) — As the bond market limps toward 2023, it faces the prospect of a final bout of chaos, exacerbated by dwindling trading volume typical during the last weeks of the year. Most Read from Bloomberg The most punishing time period on record for investors in US government bonds has also been one of the … Read more
On-chain data from Glassnode show Bitcoin’s (BTC) movements hit a new record for the largest net decline in aggregate BTC balances on exchanges, reducing by 72,900 BTC in one week. A similar movement occurred in April 2020, November 2020 and June 2022 with the current outflow leaving around 2.25 million BTC on exchanges. Bitcoin exchange … Read more
When Howard Carter discovered Tutankhamun’s glittering tomb in Egypt’s Valley of the Kings 100 years ago, he was living in a mud-brick house surrounded by desert so dry it had preserved the tombs, mummies and towering temples for over 3,000 years. In the century that followed, Carter’s house was turned into a museum with a … Read more
Fritz Jorgensen/iStock Editorial via Getty Images With Big Tech layoffs taking place, more Twitter drama and politicians going after TikTok, there was more than enough going on in the tech sector this week to keep investors’ heads on a non-stop swivel. Oh, and there were the mid-term elections that managed to grab some attention all … Read more
Collapsed cryptocurrency exchange FTX reportedly faced a series of unauthorized transactions over the weekend, prompting several warnings from users and analysts against interacting with its mobile app or website. Wallets associated with FTX saw roughly $266.3 million worth of outflows on Nov. 11, according to analytics firm Nansen. FTX US, a separate entity operating in … Read more