The #National Institute of Statistics and Census in Argentina released the #inflation numbers for February, alarming local analysts.

#According to the report, February’s #monthly CPI reached 6.6%, a higher number than the 6% registered in January.

The rise was mostly #caused by the increase in prices of food and beverages, which grew by 9.8%, hitting the pockets of Argentines. Inside this sector, meats #spearheaded the hike, with prices rising by more than 30% in some cases.

#Inflation reached record yearly levels, with prices rising 102.5% YoY, the #highest number in more than 30 years. 

 Even with this #unprecedented behavior, analysts are predicting a further acceleration for March, which would thwart the expectations of the #government of maintaining the CPI under 100% for 2023.

The numbers of #Argentina are the second highest in Latam, only trailing behind #Venezuela’s year-on-year CPI, which reached 155.8% in October.

Happy Sunday friends,I hope you had an amazing time in his presence today. I hope you are also very much inspired for the new week. Do take care!

#sunday

#life

Alot of Informations here and there about the Sui testnet NFT,I just hope we don't miss out on the accurate one that can likely qualify one for an airdrop as a result of this numerous directives from influencers.

#sui

#testnet

Local #economists have expressed their worries about the acceleration of prices in the country, calling for changes in the economic policies of the #government of Alberto Fernandez.

The AI-powered tool also #promises to be useful for security audits of smart contracts and #Web3 platforms.

#Developing DeFi right on #Bitcoin instead of using wrapped tokens and avoiding problems of blockchain bridges — that’s Mintlayer’s main goal.

#Mintlayer, an open-source, Layer-2 solution for Bitcoin, has gotten the best from the #Bitcoin 

ecosystems to make #crypto operations efficient and secure. Its protocol allows #batching transactions (even between different tokens), features a UTXO-based accounting system and uses Ethereum’s Access Control List for token security.

By having complete #support of Lightning Network, Mintlayer can scale its network assets #limitlessly.

Users can directly exchange #Bitcoin for tokenized assets via atomic swaps and transfer assets within the #system with zero gas fees thanks to the dedicated Mintlayer wallet.

 stated on Mar. 11 that there are a “large number” of #startups and investors in the #ecosystem who have “significant exposure” to SVB UK, adding that they will be “very concerned.”

The Coalition for a #Digital Economy, a U.K. non-profit that campaigns for policies to #support digital startups,

The #statement expressed support for SVB UK stating that it is a “trusted” and “valued partner” that plays a “pivotal” role in #supporting startups in the U.K.

Several U.K. venture #capitalists (VCs), including Index Ventures and Atomico, issued a joint #statement on Mar. 12 endorsing SVB UK. 

BoE issued a #statement on Mar. 10, declaring that SVB UK will “stop making payments or #accepting deposits,” as BoE intends to apply to the court to place SVB UK into a “Bank Insolvency Procedure.”

In a brief and #straightforward message, crypto exchange Gemini denied rumors, saying its banking #relationship with JPMorgan remains intact.

The bank reported that the #transfer volume of consumer fiat #deposits drop roughly $50 billion in the third quarter of 2022 compared to that over the same period in 2021.

With the future absence of #Silvergate, it’s unclear what the impact will be on other #crypto firms with funds tied to the bank or otherwise exposed.

#Twala was handed a letter refusing him permission to #fly.They flew via #Turkey to keep costs down but when they reached the boarding gate in #Istanbul for the flight home

the Home #Office was barring him from re-entering #Britain because of a 2018 conviction for cannabisWhile #Twala was given indefinite leave to remain in the #UK in 2010, 

Thursday, #following long position #liquidations of only around $5 million on Wednesday. 

According to coinglass.com, long #positions worth around $35 #million have been liquidated on 

#bullish speculators betting on a push to the upper $25,000s, as evidenced by a #spike in long position liquidations on Thursday.

The #Mt Gox-fuelled intra-day rally was, however, #short-lived and seems to have caught out some short-term 

Coast Guard laws. It put me in a bind: People #thought I was doing stuff #illegally, even though I had no idea the renter was doing it.