Month: April 2023

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say – Finance Bitcoin News

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes in Sight Despite Inflation, but More to Come Before It’s Over Two members of the Governing Council of the European Central Bank (ECB) have shared their assessments of the inflation outlook in the eurozone and expectations regarding the monetary authority’s next moves in that respect,…

Celsius Network to make April 12 filing, including info on voting for restructuring plan

Bankrupt crypto lender Celsius Network has announced it will be moving forward on its Chapter 11 restructuring plan with a disclosure statement containing information for claim holders. In a April 7 notice to users, the Celsius debtors said they will file a disclosure statement on April 12. A March 31 court filing in United States Bankruptcy Court for the Southern District of New York said the statement was aimed at providing “adequate information” for claim holders to vote on the proposed restructuring plan sponsored by NovaWulf. Last week, we filed…

Rendering Videos – a Fast, Reliable and Low Cost Service From GAIMIN – Sponsored Bitcoin News

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sponsored GAIMIN has launched video rendering into the services provided by gaimin.cloud, GAIMIN’s decentralised, distributed data processing network. GAIMIN’s video rendering service is a lower cost service providing a faster turnaround time whilst spreading the data processing energy consumption footprint globally using PCs already running other applications and services and solving one of the world’s biggest digital problems today.. “The World is Running out of Data Processing Power” Satya Nadella, CEO Microsoft In 2020, it was estimated that 1.145 trillion Mb of data was created every day; every human created…

Thai political party looking at PM race promises $300 in crypto upon victory: Report

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The Pheu Thai Party, a political party in opposition to the current Thailand prime minister’s, has reportedly proposed giving nearly every citizen of the country roughly $300 in digital currency should it win the next election. According to an April 7 report from the Bangkok Post, the Pheu Thai Party announced at an April 5 campaign event that it planned to give all Thai residents 16 years and older a stipend of 10,000 baht — roughly $292 at the time of publication. One of the party’s candidates for prime minister,…

March Job Growth Reaches 236,000 amid Hiring Pace Slowdown

On Friday, the Labor Department reported a March job growth that is way off February’s upwardly revised figure of 326,000. US job growth amounted to 236,000 for March amid slowing signs in the labor market. The figure puts the Labor Department’s Friday payroll growth report close to the Dow Jones estimate of 238,000 for March. However, the total job growth of 236,000 sits substantially below February’s upwardly revised figure of 326,000. The March job growth report revealed that the unemployment rate dipped to 3.5% compared to a 3.6% threshold expectation.…

Twitter seems to have blocked all interaction with tweets containing Substack links

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Twitter users on both mobile and web found themselves unable to interact with tweets containing links to Substack pages on April 7. When many users attempt to like, retweet, or reply to posts containing Substack links, they’re given an error message that “Some actions on this tweet have been disabled by Twitter.” In some cases, users report the UI seems to register their like or retweet, but upon inspection, it doesn’t appear to be counting or displaying the interactions. Attempts to like and share Substack tweets appear to have been…

Alibaba Cloud Set to Launch ChatGPT Rival Called Tongyi Qianwen

In the push to launch its own version of ChatGPT, Alibaba Cloud will need to take in account the impact of regulations in China and the influence of competitors. Alibaba Cloud, one of the major subsidiaries of Chinese multinational tech giant Alibaba Group Holdings Ltd (HKG: 9988), is reportedly set to launch its own ChatGPT rival in what has become a major frenzy in today’s tech world. As reported by Bloomberg, Alibaba Cloud has been sending invitation codes to some of its corporate clients to help it test out the…