Welcome to The Daily Leo! We pull the best articles in Finances, Crypto news and Hive/Leo into one condensed information packed space.
Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO
Stocks rally stalls, eyes Powell testimony for rate clues
Global shares drifted on Monday, consolidating gains after hitting a 14-month high last week, as investors awaited testimony from U.S. Federal Reserve Chair Jerome Powell in markets that remain dominated by monetary policy bets.
After a week in which the stock market cheered the Fed's decision to skip a rate increase in June, Powell is scheduled to deliver congressional testimony on...
Oil Drops as Investors Underwhelmed With China Stimulus Delivery
Oil fell as investors fretted that China’s plans to support the economy lacked follow-through, with crude tracking other commodities lower.
West Texas Intermediate traded near $71 a barrel after climbing more than 2% last week as China cut interest rates and hinted that further...
Goldman joins Wall Street banks in cutting China’s growth outlook as post-Covid bounce fades
Goldman Sachs became the latest Wall Street bank to downgrade its growth forecast for China, as the world’s second-largest economy stutters and loses momentum after its coronavirus reopening.
The investment bank cut its full-year gross domestic product forecast for 2023 from 6% to 5.4%, noting further turbulence ...
Is Fortnite Adding Nike NFTs? Apparel Giant Teases Gaming Collab
Nike’s embrace of Web3 has been seen as a way to bring NFTs to the masses, but its .Swoosh platform may also be leading traditional gaming giants to embrace NFTs. And based on an official tease from Nike, its next gaming move will apparently come through Fortnite.
Nike’s official Twitter account shared a teaser for the “ultimate Sneakerhunt” beginning on June 20 ...
Meme Coin BOB Tanks 45% After Elon Musk Calls its Twitter Bot Account a 'Scam'
Prices of meme coin bob (BOB) slid as much as 45% on Sunday as its popular automated Twitter bot was suspended after the social media giant's owner Elon Musk called the account a “scam."
Twitter even suspended another automated bot called...
Watch out, Ordinals — 30,000 ‘Ethscriptions’ land on Ethereum
Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol.
Launched on June 17, the protocol, dubbed “Ethscriptions,” is a nod to the Bitcoin Ordinals protocol — where assets are known as “inscriptions.”
Ethscriptions was developed by music website Genius.com co-founder Tom Lehman, who uses the pseudonym Middlemarch on Twitter. Lehman declared the project a...
How Apple’s visionOS can pave the way for mainstream metaverse adoption
The future of the metaverse is highly debated at the moment with Instagram pulling NFT support, lackluster growth of many metaverse projects, the potential security classification for metaverse tokens such as SAND and MANA, and notably the launch of Apple’s VisionPro with no...
Heroic Scaling Challenge & A Journey to Future-Proofing
Have a peek at the whirlwind journey into the tempestuous heart of Leo Finance's recent API battlefield. It's a tale of 7 million calls hidden, 40 calls per second, and the Hive blockchain pushed to its very limits. Discover how they are facing these head on.
Mastering Leothreads: How to Thrive in an Attention-Based Economy and Build Your "Hive Avatar"
Microblogging is something Hive has been lacking, and many of us have expressed our desire for such a platform/community on the blockchain. It took Leofinance a while, but it's finally here, and it's great to be a part of it.
Leothreads is an attention-based economy, and it's essential to learn how to leverage it effectively. Check out how you can maximize threads ...
LeoFinance is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.