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Celestia founder relives crashing CIA website and hacking Westboro Baptist Church in early years
Celestia founder relives crashing CIA website and hacking Westboro Baptist Church in early years

Quick Take Celestia founder Mustafa Al-Bassam has spoken about his earlier life as a member of hacker group LulzSec. He described his favorite hack, which took place while on a live radio show.

The Block·2024/01/15 17:08
Solana price decline causes spike in long liquidations
Solana price decline causes spike in long liquidations

Quick Take: The price of SOL has dropped by more than 8% in the past 24 hours, marking the largest decline among larger cryptocurrencies. Long positions were impacted the most, with over $6 million in SOL longs liquidated.

The Block·2024/01/15 17:08
Is altcoin season about to erupt?
Is altcoin season about to erupt?

Cryptodaily·2024/01/15 15:02
Layer 2 project Taiko launches final testnet ahead of planned mainnet release in Q1
Layer 2 project Taiko launches final testnet ahead of planned mainnet release in Q1

Quick Take: Taiko launched its final testnet, Katla, before its expected mainnet release by the end of Q1 2024. Katla introduces a new rollup design called multi-proof based contestable rollup, combining aspects of Optimistic and ZK-rollups.

The Block·2024/01/15 15:01
Flash
07:28
Lane: The current inflation shock is of medium scale
The Chief Economist of the European Central Bank, Lane, stated that the current inflation shock is of medium scale.
07:25
Goldman Sachs and Barclays Strategists Raise European Stock Index Targets
On June 19, a Bloomberg survey indicated that the peace agreement between the U.S. and Iran has improved the outlook for European stock markets in the second half of the year, prompting several strategists to raise their year-end targets. Goldman Sachs, Barclays, and Société Générale have all revised their forecasts upward. The latest survey, involving 16 strategists, shows that the European Stoxx 600 index is expected to close at 640 points by the end of 2026, matching its most recent historical high. However, some sectors in the market have yet to recover from pre-war prices. Some respondents noted that this provides further room for market growth, as investors may position themselves for an economic recovery through sector rotation.
07:24
Nissay Basic Research Institute: Japanese consumer inflation may rebound above 2% as cost-passing effects become evident
⑴ Economist Taro Saito from the Nissei Basic Research Institute stated that in the coming months, Japan's consumer inflation rate may rise above the central bank's 2% target, with price increases in broad categories such as food and daily necessities expected to accelerate. ⑵ He said that although oil prices have declined after a peace agreement was reached between the US and Iran, rising producer costs make consumer price increases seem inevitable. The Bank of Japan policymakers have already warned of inflation risks, noting that Japanese companies have become more aggressive than in the past in passing on continually rising costs to consumers.
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