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18:26
Crypto companies lay off hundreds within weeks, blaming weak markets and strong artificial intelligence.
Jinse Finance reported that in recent weeks, Algorand, a certain exchange, Block, another exchange, OP Labs, PIP Labs, and Messari have all carried out layoffs. The reasons given by these companies include weak token prices and integration of artificial intelligence. In January, the number of new job postings on major cryptocurrency recruitment websites was about 6.5 per day, a decrease of approximately 80% compared to the same period last year. The companies mentioned in this article alone (excluding Messari, which did not disclose specific figures) announced layoffs of about 450 people within just a few weeks. According to statistics, during the crypto winter of 2022, more than 26,000 jobs were lost throughout the year, and this figure only gradually became apparent several months later.
17:59
Rutenik: A $33 billion Japanese investment project has been launched in Ohio
Golden Ten Data reported on March 22 that U.S. Secretary of Commerce Lutnick posted on social media, stating that it was an important day for Ohio. We have just launched a Japanese investment project worth $33 billions, which will bring over 9 gigawatts of natural gas power generation and a large data center complex. This project will create thousands of jobs, lower electricity bills for American households, and provide the energy infrastructure needed to support the artificial intelligence economy. All of this is thanks to President Trump's trade and tariff policies.
17:38
Powell praises former Federal Reserve Chairman Volcker for his "courage to resist" political pressure
Golden Ten Data, March 22 — According to foreign media reports, Federal Reserve Chairman Jerome Powell on Saturday praised former Federal Reserve Chairman Paul Volcker for his "courage to resist" political pressure during the fight against inflation in the 1980s. This statement is particularly significant, as Powell has also been striving to defend the Fed's independence while the Trump administration attempted to force him to lower interest rates. In a recorded video accepting the Paul A. Volcker Public Integrity Award, Powell said: "His actions showed us that independence and integrity are inseparable—we need independence to do the right thing, and we also need integrity to wisely exercise that independence."
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