Crypto News
CoreWeave Names Sandy Venugopal as New CIO to Drive Digital Transformation
CoreWeave appoints Sandy Venugopal as Chief Information Officer to spearhead its IT and digital transformation strategies, enhancing innovation and growth. (Read More)Source link
CoreWeave Strengthens Board with Appointment of Karen Boone
CoreWeave has appointed Karen Boone as an independent board director, enhancing its leadership with her extensive corporate governance experience. (Read More)Source link
LBank Unveils Brand Evolution, Empowering Advanced Trading Experience
PRESS RELEASE. SINGAPORE, January 10, 2025 – LBank, a leading global cryptocurrency exchange, has announced a transformative brand evolution, signaling its unwavering commitment to fostering a vibrant and innovative MEME ecosystem. This upgrade extends to both the LBank website and mobile app, providing users with a refreshed experience tailored for intuitive navigation and seamless trading.Source link
Tezos Community Urged to Activate Rollup Booster for Enhanced Network Performance
The Tezos community is called to activate the Data Availability Layer, a pivotal technology for scaling rollups, promising a 20x to 4000x improvement in transaction bandwidth. (Read More)Source link
China’s Central Bank Halts Bond Purchases to Support Yuan
On Friday, China's central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as a potential tailwind for bitcoin (BTC).The People's Bank of China announced that it will stop purchasing government bonds this month as their demand now overshadows the supply.Experts said the move reflects policymakers' discomfort with the sliding bond yields, which move in the opposite direction of prices, and the resulting depreciation in yuan.The yield on the benchmark 10-year Chinese government bond dipped below 1.6% early this week, marking a staggering 100 bps decline on a 12-month basis, according to data source TradingView. Meanwhile, its U.S. counterpart rose to 4.7%, the highest since November 2023, widening the U.S.-China yield differential...