The digital yuan wallet app incorporates a common method of giving money as a gift in China, which has been modernized to work with digital currency. To entice more people to use the digital yuan central bank digital currency (CBDC) wallet app, the Chinese government added the ability to send money in digital "red packets." According to a report in the South China Morning Post on December 26th, the new feature went live over the weekend, roughly a month before the start of the Chinese New Year on January 22nd. In China, "red packets" are known as hongbao and are used to present monetary gifts during festive occasions like the Chinese New Year. Popular regional services like WeChat Pay and Alipay have begun offering digital versions of traditional red envelopes in response to the growing popularity of cashless transactions in the region. Reports suggest that unlike WeChat Pay and Alipay, the e-CNY app only allows one person to receive a red packet at a time, while a

  The use of censoring MEV relays by cryptocurrency ecosystems and exchanges is a major factor undermining the credibility of Ethereum's neutrality. Conforming to federal sanctions is a burden for most crypto ecosystems, limiting their potential impact. Investors in Ethereum, on the other hand, have a great deal of sway over how strictly the ecosystem follows the rules. Sixty percent of all post-Merge Ethereum blocks are in accordance with OFAC sanctions imposed by the United States (OFAC). While many in the crypto community speak out against this change, they may be unaware of how they have contributed to Ethereum becoming fully OFAC compliant. Cryptographic ecosystems and exchanges' reliance on censoring Miner extractable value (MEV) relays is a major threat to the credibility of Ethereum's neutrality. Many of the largest cryptocurrency exchanges and wallet providers use MEV relays to facilitate communication between block producers and block builders. These include Binan

Shares of Max Financial Services fell by almost 3% today after news that a block deal involved more than 2% of the company's stock. The deal was valued 471 billion rupees. Max Financial shares dropped 2.75 percent, from Rs 699.45 to Rs 680.15 on BSE. The company's market value dropped to Rs 23,8632 crore. The stock started out lower, at Rs 687.50. Shares of Max Financial are trading lower than their 5, 20, 50, 100, and 200-day moving averages. Max Financial stock has dropped by 28.38% in a year and by 29.31% in 2022. On January 11, 2022, the share hit a 52-week high of Rs 1081, and on November 23, 2022, it hit a 52-week low of Rs 627.80. On BSE, 12.57 million shares of the company changed hands, which brought in Rs 85.89 crore. Shares of Max Financial have been going down for the last two days. Emkay Global, on the other hand, is optimistic about the Max Financial stock and has set a price goal of Rs 930. The call was made on December 14, when the price was Rs 706.4 at the end

To ensure that councils in England can continue to provide essential frontline services, the Levelling Up Secretary Michael Gove today (19 December 2022) confirmed a nearly £60 billion package for councils in England for the next financial year. This package will be available for councils in England. As a result of the settlement, councils throughout England will benefit from an additional £5 billion, which is a 9% increase on the settlement from the previous year. This comes as the government continues to stand behind councils and public services in the face of increasing financial difficulties. The agreement for the following year contains a one-time Funding Guarantee, which ensures that each council in England will experience at least a 3% increase in core spending power prior to any local choices being made regarding council tax. In addition to this, the government has today announced that it will be confirming a new scheme that will provide councils with a total of one hundred mil

Today's News on the Stock Market | Sensex, Nifty, and Share Prices LIVE: As the local Indian indices NSE Nifty and BSE Sensex close higher, bulls make a comeback, ending a two-day downward trend. The Sensex gains 460 points, the Bank Nifty rises 0.45%, and the Nifty closes above 18400; M&M is the greatest gainer. Despite a flat opening, the Nifty rose more than 150 points to close at 18,420, surpassing 18,400. The Sensex closed the day up 0.76 percent at 61,806. The Nifty Junior or Nifty Next 50 rose by approximately 1 percent when the entire market went from red to green intraday. With a rise of 1.59 percent today, the Nifty Auto was the industry's highest gainer. The first public offering (IPO) of KFin Technologies began today with a price range of Rs. 347-366 per share and was subscribed for 0.49 times. The greatest challenge for Nifty is 18,888 " "Wall Street witnessed an unexpectedly bullish day characterized by short covering and value buying. Except for IT,

As the Argentina team gets ready for Sunday's World Cup final, Bloomberg reported that annual inflation in the country is expected to hit 99% this month, and economists think it will soon go above 100%. In 1986, when Diego Maradona led the Albiceleste to the title, the average rate of inflation was 116%. Surveys and data from the central bank show that the rate was 176% in 1978, when Argentina won the tournament it had hosted. Lionel Messi will play his last World Cup game against France. He was born a year after Maradona won the title in 1986, and fans see him as the next legend after him. The team's run to the final match, which included avoiding early elimination and winning five straight games, was fueled by their talisman. This has brought joy to a country that is once again going through tough economic times. But this constant part of the country's economy is not a sign that the country will do well in the World Cup. The team lost the final in 1990, when inflation was