The Bank for International Settlements (BIS) Annual Economic Report 2024, published on June 30, highlights the significant risks posed by rising public debt levels across both advanced and emerging market economies. The report stresses that without fiscal consolidation, debt trajectories will remain unsustainable, threatening macroeconomic stability. As interest rates rise, refinancing needs and higher debt […]
Abra, a digital asset platform, has introduced Abra Treasury, providing customized digital asset treasury solutions. The service targets corporations, family offices, and non-profits. Abra Treasury, operated by Abra Capital Management LP, aims to offer an integrated suite of services including custody, trading, borrowing, and yield through separately managed accounts. Abra insists these solutions are tailored […]
Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $ 101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This week, the leading top five blockchains for NFT sales were Ethereum, …
The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI agents and other government officials, demanding cash, gold, or cryptocurrency payments. The FBI stressed that federal agencies do not call or email individuals threatening arrest or requesting money. Scammers spoof caller ID information, making fraudulent […]
During the week of June 1-8, 2024, non-fungible token (NFT) sales experienced an increase compared to the previous week. NFT sales reached $ 133.19 million, a rise of 7.51%. NFT Market Gains 7.51% This Week This week’s NFT sales showed a 7.51% increase after several weeks of decline. The seven-day sales totaled $ …