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Global Economy on Thin Ice: Slow Growth, High Uncertainty, Fragile Confidence

Global Economy on Thin Ice: Slow Growth, High Uncertainty, Fragile Confidence

Global growth is slowing, with GDP forecasted to drop from low 3% to low 2% amid rising policy uncertainty and high inflation, leaving the economy fragile and cautious.

Blockchain, Brands and Clothing: Will 2020 Continue to Be a Year of Growth?

Blockchain, Brands and Clothing: Will 2020 Continue to Be a Year of Growth?

According to the global brand counterfeiting report 2018, “The growth in global trade and technology has positively affected many markets across the world, but along with that, it has some major adverse effects as well. Business organizations spend a lot of money, time and resources on protecting their brand and trademarks. But even after all the measures, the counterfeit market is booming rapidly.”

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

PwC: Crypto M&A and Fundraising in Asia Reports Major Growth

PwC previewed its latest white paper—PwC Global Crypto M&A and Fundraising Report—last Thursday at CoinDesk’s Invest: Asia event. This is the first report by PwC on the broader crypto ecosystem, but the firm will continue to publish updates twice a year moving forward.

DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges

DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges

Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.

China to Dominate Global Tech Standards? Expert says “It Would be Tough”

China to Dominate Global Tech Standards? Expert says “It Would be Tough”

China announced a new 15-year blueprint as part of the country’s global technology push, to set the global standards for the next-generation of technologies, including blockchain.

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base

CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.

Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026

Allied Market Research: Blockchain Integration into the Global Retail Market to Garner $11 Billion by 2026

Allied Market Research, a global market research and business firm, has reported that the incorporation of blockchain into the global retail market will garner $11.18 billion by 2026 from $83 million recorded in 2018.

Former Federal Reserve Chair Janet Yellen to speak at AFF, Global business leaders to share insights on economic challenges

Former Federal Reserve Chair Janet Yellen to speak at AFF, Global business leaders to share insights on economic challenges

Business leaders from around the world will gather in Hong Kong to share insights at the 13th Asian Financial Forum (AFF), which takes place on 13 and 14 January 2020 at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the theme “Redefining Growth: Innovation ∙ Breakthrough ∙ Inclusiveness”, global financial experts, policymakers, business leaders and economists will examine topical issues in the global economy and explore new opportunities. This year’s AFF will feature discussions on a wide range of issues such as the new global economy, fintech, sustainable and inclusive development and green financing, offering participants a head start in identifying new economic challenges and opportunities.

IAMAI to Host World’s Largest Virtual Global Fintech Fest

IAMAI to Host World’s Largest Virtual Global Fintech Fest

New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

WEF Proposes Interoperable Stablecoins as Building Blocks for a Sustainable Global Economy

Stablecoins and the technology underlying them will be the building blocks of a more sustainable, inclusive and resilient global financial system according to the World Economic Forum (WEF).

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

TRON Credited with Powering Record USDT Growth

TRON Credited with Powering Record USDT Growth

With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.

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