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U.S. Housing Market Downturn Wipes $2.3 Trillion In Value
Housing Market Downturn in the United States of America has wiped $2.3 Trillion in value since June as higher interest rates drive down demand in the formerly red-hot housing market. This is a huge loss to homeowners. Experts predict the decline will continue by 10% throughout the year, as...
McKinsey Reportedly Cuts 2,000 Employees
Major consulting firm McKinsey & Company plans to eliminate about 2,000 jobs. This layoff would be one of its biggest employment cuts ever. Bloomberg, citing sources familiar with the matter, maintained that employers continue to reduce their headcounts amid lingering recession fears two months into 2023. McKinsey’s job cut would affect more than 4% ...
Binance partners Ingenico for in-store crypto payments in France
A new partnership between Binance and Ingenico, a credit card service company, has been brokered to allow in-store crypto payments in France via Binance Pay. This is another addition to mainstream crypto and crypto-based services adoption, with more companies bridging traditional financial (TradFi) solutions with decentralized financial (DeFi) solutions. In an announcement on Feb. 22, the program will accept more than 50...
Hong Kong's top finance minister has pledged support for Web3, including fresh investment, as the city signals its reopening to the industry. Hong Kong will form a task force bringing together policymakers, regulators, and crypto industry players to set the agenda for its Web3 ambitions, a senior government minister has said. The Financial Secretary Paul Chan outlined a need for Hong Kong to seize the...
Bank of Russia Starts Testing Digital Ruble With Real Users on April 1
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers on the first day of April 2023. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media. According to Deputy Governor Olga Skorobogatova, the testing will involve real transactions with the new form of the national fiat. The plan is to start with ...
Google Cloud to Become Validator on Tezos Network
Google Cloud computing operator has concluded plans to become Validator on Tezos Network. The tech giant's corporate customers will be able to deploy Tezos nodes. This is a type of computer that runs a blockchain’s software to validate and store the history of transactions – in order to build Web3 applications on the network. The integration with Tezos marks Google Cloud's latest integration with a blockchain network. This comes after...
LeoFinance Active Users pump following Project Blank Launch
The LeoFinance Monthly Active Users (MAUs) has significantly grown 50% since the launch of Project Blank Open Alpha. So far, LeoFinance has onboarded 14 Hive Communities to the Project Blank Open Alpha. This Open Alpha as a key step to production has already has generated much feedback on what's missing from the user experience, bug fixes and overall improvements. This microblogging alternative built on Hive has...
Soulkeep: Splinterlands' New Game Closing up for Closed Beta
The development of Splinterlands Tower Defense Game - "Soulkeep" is closing up for Closed Beta. In today's update, the game is READY to meet its new players. According to the team "we’re squashing some of the uglier bugs and polishing what seems like an endless collection of rough-spots and then we plan to invite the community to our closed beta". More info about the official release ...
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This edition of The Daily Leo was published by Creativevoice on Leo Finance, read the original article here.