Ethereum Layer 2 Zero Network Pulls the Plug After Just 1.5 Years
After operating for around 1.5 years, the Ethereum Layer 2 project Zero Network announced that it is shutting down its standalone chain and pivoting toward expanding the Zerion API and wallet products. The team said the network was originally launched with the belief that gas fees remained one of...
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Gold slips below $4,500 as Fed fears rattle record run
Gold fell below $4,500 per ounce on Friday as both spot prices and New York futures dropped about 0.94 percent, extending a sharp pullback from this year’s record highs. Early on May 22, gold slipped below $4,500 as spot and…...
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Binance disputes WSJ report on Iran-linked transactions totaling $850M
Binance’s ongoing legal and regulatory challenges highlight the critical importance of robust compliance systems in the cryptocurrency industry. The post Binance disputes WSJ report on Iran-linked transactions totaling $850M appeared first on Crypto Briefing....
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US, Israel may strike Iran soon amid rising tensions: WSJ
Escalating US-Israel tensions with Iran could destabilize the Middle East, impacting regional security and diminishing peace prospects. The post US, Israel may strike Iran soon amid rising tensions: WSJ appeared first on Crypto Briefing....
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Nomura abandons 2026 Fed rate cut forecast as inflation refuses to cooperate
Nomura’s revised forecast signals prolonged high rates, impacting liquidity, investment strategies, and potentially strengthening the US dollar. The post Nomura abandons 2026 Fed rate cut forecast as inflation refuses to cooperate appeared first on Crypto Briefing....
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Aptos unveils encrypted mempool to protect transaction intent until block confirmation
Aptos’ encrypted mempool could reshape blockchain security by reducing front-running risks, potentially increasing trust and fairness in DeFi. The post Aptos unveils encrypted mempool to protect transaction intent until block confirmation appeared first on Crypto Briefing....
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Meta lays off 10% of workforce as Zuckerberg bets the farm on AI
Meta’s AI pivot may reshape tech investment landscapes, impacting metaverse tokens while boosting AI-related projects and infrastructure. The post Meta lays off 10% of workforce as Zuckerberg bets the farm on AI appeared first on Crypto Briefing....
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US Michigan consumer sentiment falls to 44.8 in May, hitting all-time low
A sustained drop in consumer confidence could hinder US economic growth, impacting spending and potentially influencing monetary policy decisions. The post US Michigan consumer sentiment falls to 44.8 in May, hitting all-time low appeared first on Crypto Briefing....
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Norway’s $2.3T wealth fund objects to Elkann’s Meta board seat
Norway’s wealth fund’s stance on board appointments highlights the growing influence of institutional investors in corporate governance reforms. The post Norway’s $2.3T wealth fund objects to Elkann’s Meta board seat appeared first on Crypto Briefing....
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Hengli Group faces US sanctions over Iranian oil purchases, sending shockwaves through energy and prediction markets
US sanctions on Hengli highlight geopolitical tensions, impacting global energy dynamics and complicating compliance for Asian markets. The post Hengli Group faces US sanctions over Iranian oil purchases, sending shockwaves through energy and prediction markets appeared first on Crypto Briefing....
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