The Daily Leo #217 | Old Economy Raises, Optimism Surged and Binance on Target

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Big tech is out, 'old economy' is in on Wall Street: Morning Brief

Raising interest rates eventually affects the market sentiments if the investors are not comfortable with the ambiguity of the decisions by FED. On the other hand, There might be a positive divergence in the sectors of energy, materials, and housing...

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Fed’s Mester says she has hope that inflation can be brought down without a recession

Obviously, the interest rates will keep rising until a "reasonable" or "bearable" levels for FED to reach their aim. The narrative of staying above 5% interest rates may push the risk of recession further. Is there an escape without recession?

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Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base

Optimism is one of the hottest Layer 2 projects in crypto. Since its debut, the popularity of the project has been raising. The recent announcement of Coinbase's scaling product "Base" integration increased the liquidity and engagement in Optimism ecosystem

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VC blockchain and crypto funding drops off in Q4 2022: Report

The investment from Venture Capitals is seen as a positive thing for a project to have enough funds to create their desired products. On the other hand, the involvement of VCs may also be a threat against decentralization and it will always be open to discussion. While we discuss, in 2022, we saw a decline in the involvement of VCs

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Australia’s Finance Regulator Opens Targeted Review Into Binance

Binance exchange has been going through some thorough investigations in several countries. Recently, the exchange, unexpectedly, closed the positions of 500 "wholesome" users. The spokesperson of ASIC (Security Commision) stated a targetted review on Binance's recent operation

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LeoVerse Updates and What We've Been Working On

Leo Verse is expanding. The updates on Alpha LEO user interface has been ongoing and the bugs are successfully fixed. Obviously, LeoThreads, crypto micro-blogging project, has attracted a lot attention. Check out the recent updates!

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Hive-Shop Is Live: Businesses Keep Growing

If you have HIVE, HBD or Swap.Hive on Hive market, now you can purchase Hive merchandise on Hive-Shop! You can own clothes and home items only by using your cryptocurrencies in Hive ecosystem. See the amazing stuff and details

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