camilla1 (camilla1)

According to BlockBeats, the New York Federal Reserve's Center for Microeconomic Data released its October 2024 Survey of Consumer Expectations on November 12. The survey revealed that the one-year inflation expectation in the United States fell to 2.87% in October, marking the lowest level since October 2020. This is a decrease from the previous value of 3.00%. Additionally, the median uncertainty for three-year and five-year inflation expectations has also declined.

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According to PANews, the cryptocurrency Solana (SOL) has experienced a decline in its market value, dropping below 205 USDT. As of the latest update, SOL is trading at 204.97 USDT. This recent movement in Solana's price reflects a narrowing of its 24-hour gains, which have now reduced to 1.45%.

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According to Cointelegraph, OpenAI, the company behind the AI tool ChatGPT, has successfully avoided a copyright lawsuit concerning the alleged misuse of news articles in training its large language model. On November 7, a federal judge in New York dismissed the lawsuit filed by news outlets Raw Story and AlterNet. The dismissal was reported by Reuters.

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Polygon plans to propose a formal PIP in the fall and aims to deploy the connection between Polygon PoS and AggLayer by the end of this year.

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The Shibburn tracking platform reported a modest increase of 44.67% in the Shiba Inu burn rate. The Shiba Inu community has managed to decrease the circulating amount of Shiba Inu by 17,259,834 meme coins in total. Among the seven burn transactions registered by Shibburn, the three largest ones carried 11,176,306; 5,000,000 and 1,000,000 SHIB, all conducted from the same anonymous blockchain wallet.

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According to Odaily, Parallel Network has announced on platform X that it will be reducing the liquidation threshold of its NFT lending platform by 1% daily until it reaches the target value. For instance, the threshold for BAYC will be reduced from 80% to 65%, and for MAYC, it will be lowered from 70% to 65%. Parallel Network has warned users to be aware of the liquidation risk as this adjustment will impact the health factor of the loans.

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In addition to securing hardware services through asset delegation, Parasail is also building a universal adapter for hardware service provision and verification.

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