The digital yuan wallet app includes a virtual version of a traditional Chinese money-gifting method. China's digital yuan wallet app introduced an electronic version of traditional "red packets" to attract new users. The new feature was released over the weekend, one month before Chinese New Year on Jan. 22. "Red packets," called hongbao in China, are used to gift money during Chinese New Year and other celebrations. WeChat Pay and Alipay offer virtual red envelopes for digital payments. The e-CNY app allows a red packet to be sent to one person or a "lucky draw" can be set up for a group of people to get a random amount from a pool of funds. WeChat Pay and Alipay have a similar feature. Users can choose a packet cover with new year, birthday, and "prosperous China" wishes. Digital yuan transactions surpassed $14 billion (100 billion yuan) on Oct. 10, a 14% increase from the $12 billion (87.6 billion yuan) reported at the end of 2021. The e-

Crypto ecosystems and exchanges censoring MEV relays harms Ethereum's neutrality. Federal sanctions hurt the global reach of most crypto ecosystems. Ethereum investors have significant power over the ecosystem's compliance. 60% of post-Merge Ethereum blocks comply with OFAC sanctions (OFAC). While the crypto community opposes this change, many don't realize their own contribution to OFAC compliance. Crypto ecosystems and exchanges censoring MEV relays harms Ethereum's neutrality. MEV relays are used by Binance, Celsius Network, Coinbase, Kraken, and Cream Finance, to name a few. Etheron users who run censoring MEV relays on their validators contribute to Ethereum censorship. Adopting a non-censoring MEV-boost relay can help crypto platforms. Ultra Sound Money, Agnostic Boost, Aestus, BloXroute Max Profit, BloxRoute Ethical, Manifold, and Relayooor are popular MEV-boost relays that don't promote censorship. 67 of the last 100 Ethereum blocks enforced OFAC compliance

Today, shares of Max Financial Services plummeted by about 3 percent in response to news that a block deal involved the transfer of more than 2 percent of the company's equity. The total value of the transaction was 471 billion rupees. On the BSE, Max Financial shares dropped 2.75 percent to 680.15 rupees, compared to their price at the previous closing bell of 699.45 rupees. The company's market valuation reached a new low of Rs 23,8632 crore. The stock started the day off at a lower price of Rs 687.50. There is a gap between the current price of Max Financial shares and the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The price of Max Financial stock has decreased by 28.38 percent over the past year and by 29.31 percent during the course of 2022. On January 11, 2022, the share reached a 52-week high price of 1081 rupees, and on November 23, 2022, it reached a 52-week low price of 627.80 rupees. On the BSE, a total of 12.57 lakh shares of the company were trade

Stock futures dipped Tuesday morning, reversing course after the Bank of Japan announced an increase in its target yield range. Futures related to the Dow Jones Industrial Average fell 236 points, or 0.72%. Futures on the S&P 500 and the Nasdaq 100 lost 0.86% and 1.05%, respectively. The Dow fell more than 162 points, or 0.5%, during normal trade on Monday. The S&P 500 sank 0.9%, while the Nasdaq Composite dropped over 1.5%. Stocks are on track to end the month and the year in the red, and investors' dreams for a Santa Claus surge are vanishing quickly. "There has yet been no glimpse of Santa. "Buckle up," warned Louis Navellier, founder of Navellier & Associates, a growth investing business. "One would want to believe that all of the terrible news is in. There are no more Fed movements until February at the earliest. We're not gapping down, but we're also not recouping last week's losses." Fears that the Federal Reserve coul

Market Update: Sensex, Nifty, and Share Prices for Today LIVE: The local Indian indices, NSE Nifty and BSE Sensex, close higher, signaling a rebound by bulls and the conclusion of a two-day losing trend. M&M is the biggest winner as the Sensex rises 460 points, the Bank Nifty rises 0.45%, and the Nifty settles above 18400. Even though markets opened flat, the Nifty ended the day up more than 150 points, at 18,420. The Sensex finished the day up 0.76 percent, at 61,806. When market sentiment shifted from bearish to bullish during the trading day, the Nifty Junior, also known as the Nifty Next 50, rose by roughly 1 percent. Nifty Auto's 1.59 percent increase made it the day's top performer among industry indices. The first public offering (IPO) of KFin Technologies, at a price range of Rs. 347-366 per share, opened for subscription today and was subscribed for 0.49 times. Nifty faces a major challenge of 18,888 "Shorts were covered and value purchases were popular on Wal

According to a report by Bloomberg, as the Argentine national soccer team gets ready for the World Cup championship game on Sunday, annual inflation in the country is expected to hit 99% this month and economists anticipate it will soon top three figures. Inflation in Argentina averaged 116% in 1986, the year that Diego Maradona led the Albiceleste to victory in the Copa America. According to the data and surveys provided by the central bank, the inflation rate in 1978 was 176%. This was the year that Argentina won the tournament it hosted. Lionel Messi, who was born in 1987, the year after Argentina won the World Cup, and who is widely regarded by fans as the player most likely to inherit Maradona's legendary reputation, will make his final World Cup appearance against France. A nation that is once again going through difficult economic times has been elated by the team's run to the final match, which has included avoiding early elimination and posting five straight wins. The