Tokenized gold’s booming market cap and trading volumes haven’t translated into decentralized finance adoption. According to Xash CEO Kevin Huynh, most gold-backed tokens sit idle rather than generating yield. Tokenized Gold Booms in Volume Despite surging investment and trading volumes, tokenized gold has struggled to establish meaningful utility in decentr…
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The victim, who believed his financial assets had been compromised, was the target of an online fraud scheme and believed he had to buy the precious metal, the authorities said.
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The Tamil Nadu government has set stock limits on essential commodities like rice and pulses to combat price inflation. Wholesalers can stock a maximum of 2,000 metric tonnes of rice, while retailers are restricted to eight tonnes. Miller stock is limited to one month's production capacity, ensuring regular supply. Importers are prohibited from holding stock…
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US October PPI +6.5% vs +6.6% expected Fed's Goolsbee: We're not on the way to 2% inflation and we have to deal with that Goldman Sachs: We can explain almost the entire US inflation overshoot by tariffs and the war in Iran Fed's Collins: I would think some additional policy tightening is warranted soon Fed's Daly: In all likelihood, we need to raise rates M…
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