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Bitcoin holds steady as Fed chair Powell hints at rate cuts in September, says no plans for CBDC

Federal Reserve Chair Jerome Powell suggested on Wednesday that the central bank might reduce interest rates at its upcoming September meeting if the current trend of easing inflation continues. This announcement comes as recent data indicates a decline in inflation closer to the Fed’s 2% target, while unemployment has risen slightly above 4%. дальше »

2024-8-1 22:31


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Lummis slams Biden’s ‘disastrous proposal’ to tax Bitcoin miners in ‘orange paper’

Senator Cynthia Lummis (R-WY) said the Biden administration’s to impose a 30% tax on Bitcoin miners is a “dangerous scheme” and an “attack on innovation. ” She argued that such a high tax rate would stifle innovation and push mining operations overseas, undermining both economic and national security interests. дальше »

2024-7-24 23:00


Yearn Introduces YFI Governance Token and New Liquidity Pools

Yield aggregator Yearn launched its new YFI governance token on July 17, 2020, along with several new liquidity pools. Excerpt from the YFI token blog post | Source: Medium.com/iearn/ Best-known at the time for its Y Curvepool, Yearn provided (and continues to provide) users with multiple ways to earn interest by contributing their capital to […] The post Yearn Introduces YFI Governance Token and New Liquidity Pools appeared first on DeFi Rate. дальше »

2024-8-7 19:29


Chef Nomi’s Controversial Exit Shakes SushiSwap Community

On September 5, 2020, Chef Nomi, the pseudonymous creator of SushiSwap, shocked the community by removing his significant share of SUSHI/ETH liquidity and converting it to ETH.  The action, commonly referred to as a “rug pull,” resulted in Chef Nomi gaining approximately $14 million worth of ETH – leaving the SushiSwap community disappointed and feeling […] The post Chef Nomi’s Controversial Exit Shakes SushiSwap Community appeared first on DeFi Rate. дальше »

2024-8-7 19:27