Economy

zkEVM Validium, which is the new Polygon L2 secured by ZK technology

Grace Montgomery - June 24, 2023

Polygon Labs has introduced zkEVM Validium, a new Layer 2 secured by Zero Knowledge (ZK) technology, to build the value layer of the Internet. zkEVM Validium was introduced by the developers at Polygon Labs recently as part...

Economy

Bitcoin price rose to $31,000; Determines the best week in three months

Grace Montgomery - June 23, 2023

bitcoin It topped $31,000 on Friday, building on recent gains fueled by a commitment from institutions to integrate cryptocurrency into their businesses. The largest cryptocurrency rose to $31,412.72, at one time of the day, according to data...

Economy

Shein opens up to overseas brands and launches its own “marketplace” in Spain

Grace Montgomery - June 23, 2023

Shein is following in the footsteps of Asos and Zalando and opening up its platform to third-party brands. The Chinese company, which specializes in the distribution of very cheap fashion online, has begun distributing brands such as Skechers...

Economy

Corporate debt dominated Wall Street for the next decade financial markets

Grace Montgomery - June 23, 2023

The world has faced enormous challenges in the past three years: a pandemic, a supply crisis, the outbreak of war in Ukraine, the energy crisis, and hyperinflation, which have caused profound changes in the global economy. The economic...

Economy

Daily Summary: Gold fell to its lowest level in 3 months due to the more hawkish stance of central banks.

Grace Montgomery - June 22, 2023

Economy

Turkey raises 6.5 points, to 15%, the interest rate, for the first rise in 27 months

Grace Montgomery - June 22, 2023

This content was published on Jun 22, 2023 - 11:29 June 22, 2023 - 11:29 Istanbul (Türkiye), June 22 (EFE). - The Central Bank of Turkey raised interest rates to 15% this Thursday, up 6.5 points from the value...

Economy

Orange increases commercial pressure by offering data gifts to customers and discounts on stations | comp

Grace Montgomery - June 22, 2023

Orange Spain seems to have launched a commercial offensive at the beginning of the summer. The company, within the framework of the merger with MásMóvil, has introduced several initiatives and discounts on its various brands in recent days,...

Economy

D. Vantyghem (Euratex): “Sustainability can be an opportunity to reinvent the sector”

Grace Montgomery - June 21, 2023

Sustainability as a lever for structural change. Dirk Vantagem, CEO of Euratex, the European textile and clothing employers' association, detailed a presentation at Move! The Sustainable Fashion Summit on how and where to recycle in Europe highlighted...

Economy

Santander CIB entered the Komgo capital to digitize the trade finance business

Grace Montgomery - June 21, 2023

Santander CIB invests in financial technology trade leader Komgo Finance With the aim of supporting the digitization of large multinational companies. This global agreement will accelerate the digital transformation of the sector...

Economy

The Bank of Japan discussed the risks of raising interest rates too late at its meeting in April via Reuters

Grace Montgomery - June 21, 2023

© Reuters. FILE PHOTO: People walk in front of the Bank of Japan building in Tokyo, Japan. April 7, 2023. (Reuters)/Androniki Christodoulou/File by Leika Kihara June 21 (Reuters) - The report showed that the Bank of Japan's monetary...

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