Operations
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What is EPK Coin (The Story behind EP Coin)?
EPK Coin is a virtual currency according to cryptoglobe. Recently, there has be
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LayerZero Labs launches a new project, Essence, which allows for quick startup and operation of validators
It is reported that Layer Zero Labs, the development team of Layer Zero, the interoperability protocol, launched a new project Essence, which can separate the security and operatio
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BNY Mellon Hires High-Powered Executives to Lead Digital Asset Department
According to reports, BNY Mellon has hired Maxime de Guillebon, former CEO of Zodia Customer, as the head of digital asset products and appointed Rachel Willis, a former BlockFi em
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Chiliz to Launch New Blockchain for Sports on May 10th
According to reports, Chiliz, the sports and entertainment blockchain solution, announced that it would launch a new blockchain focusing on sports on May 10th.
Chiliz: A new blockc -
Federal Reserve to Increase Frequency of US Dollar Swap Line Operations
According to reports, the Federal Reserve said that in order to improve the effectiveness of providing US dollar funds through the US dollar swap line, the central bank that currently provides US dollar operations has agreed to increase the frequency of 7-day maturity operations from weekly to daily. The increase in operating hours will begin on Monday and will continue at least until the end of April. Federal Reserve: Global Central Banks Will Increase Liquidity Through Dollar Swap Agreements Analysis based on this information:The Federal Reserve has recently announced that it will increase the frequency of providing US dollar funds through the US dollar swap line in order to improve its effectiveness. The central bank aims to enhance its operational capability and responsiveness to the Covid-19 pandemic, which has adversely affected many financial systems worldwide. The US dollar swap line is a mechanism established by the Federal Reserve in coordination with other central banks, including the European Central Bank (ECB)…