Fed data lags too much and a mild recession is already on the horizon
Musk said on social media that the Fed's data lags too much and a mild recession has arrived. It's not just that the canary in the coal mine (SVB) is dead, one of the most steadfast miners (Credit Suisse) is dead, more banks will be in trouble, and further rate hikes will trigger a deep recession.
Fed data lags too much and a mild recession is already on the horizon
Musk said on social media that the Fed's data lags too much and a mild recession has arrived. It's not just that the canary in the coal mine (SVB) is dead, one of the most steadfast miners (Credit Suisse) is dead, more banks will be in trouble, and further rate hikes will trigger a deep recession.
Lightning Labs Updates Lightning Network Management Tool Litd, Introduces Automatic Management and Account Functions
Lightning Labs, the Bitcoin Lightning Network development team, recently updated the Lightning Network management tool Litd, allowing ordinary users to run Lightning Network nodes by themselves and send or receive Bitcoin in a non-custodial manner without being technically proficient. The update includes algorithmic automatic updating of Lightning Network fees and the introduction of an "account" system that allows multiple users to share a Lightning Network node.
Lightning Labs Updates Lightning Network Management Tool Litd, Introduces Automatic Management and Account Functions
Lightning Labs, the Bitcoin Lightning Network development team, recently updated the Lightning Network management tool Litd, allowing ordinary users to run Lightning Network nodes by themselves and send or receive Bitcoin in a non-custodial manner without being technically proficient. The update includes algorithmic automatic updating of Lightning Network fees and the introduction of an "account" system that allows multiple users to share a Lightning Network node.
OpenAI completes $300 million in financing at a valuation of $27 billion to $29 billion
OpenAI, the startup behind ChatGPT, has raised $300 million at a valuation of $27 billion to $29 billion. VC firms including Tiger Global, Sequoia Capital, a16z, Thrive, K2 Global and Founders Fund participated in the investment. This is separate from a large investment Microsoft made in January, a person familiar with the matter said. According to sources confirmed that Microsoft's investment scale is about 10 billion US dollars. It is reported that external investors currently hold mor...
OpenAI completes $300 million in financing at a valuation of $27 billion to $29 billion
OpenAI, the startup behind ChatGPT, has raised $300 million at a valuation of $27 billion to $29 billion. VC firms including Tiger Global, Sequoia Capital, a16z, Thrive, K2 Global and Founders Fund participated in the investment. This is separate from a large investment Microsoft made in January, a person familiar with the matter said. According to sources confirmed that Microsoft's investment scale is about 10 billion US dollars. It is reported that external investors currently hold mor...
Sui Ecological Launchpad project SuiPad completes approximately US$1 million in financing, with participation from NGC Ventures and others
SuiPad, the Sui ecological Launchpad project, announced the completion of US$1.155 million in financing, NGC Ventures, GBV Capital, Cogitent Ventures, PANONY, Rarestone Capital, Kernel Ventures, Cypher Capital CEO Vineet Budki, Kairon Labs, NewTribe Capital, Moonrock Capital, Extra Watts, Hype, DAO Maker, Maven Capital, Criterion VC, Limitless Value Capital, Autonomy.Capital participated in the investment. In addition, its ID0 will be released on SuiPad Launchpad and DAO Maker Launchpad from ...
Sui Ecological Launchpad project SuiPad completes approximately US$1 million in financing, with participation from NGC Ventures and others
SuiPad, the Sui ecological Launchpad project, announced the completion of US$1.155 million in financing, NGC Ventures, GBV Capital, Cogitent Ventures, PANONY, Rarestone Capital, Kernel Ventures, Cypher Capital CEO Vineet Budki, Kairon Labs, NewTribe Capital, Moonrock Capital, Extra Watts, Hype, DAO Maker, Maven Capital, Criterion VC, Limitless Value Capital, Autonomy.Capital participated in the investment. In addition, its ID0 will be released on SuiPad Launchpad and DAO Maker Launchpad from ...
Secro, a blockchain digital bill of lading platform, completes a $3.6 million seed round of financing
Secro, a blockchain-based digital bill of lading platform, announced the completion of a $3.6 million seed round of funding, co-led by Augment Ventures and TMV, with participation from Kluz Ventures and Grit and Gumption Ventures. It is reported that Secro is built on the NEM Symbol private chain, which supports users to perform all functions and user interactions of paper bills of lading with higher speed, lower cost and security, without relying on traditional electronic bill of lading (eBL...
Secro, a blockchain digital bill of lading platform, completes a $3.6 million seed round of financing
Secro, a blockchain-based digital bill of lading platform, announced the completion of a $3.6 million seed round of funding, co-led by Augment Ventures and TMV, with participation from Kluz Ventures and Grit and Gumption Ventures. It is reported that Secro is built on the NEM Symbol private chain, which supports users to perform all functions and user interactions of paper bills of lading with higher speed, lower cost and security, without relying on traditional electronic bill of lading (eBL...
