The community of blockchain platform Solana has rejected an important proposal, SIMD-0228, aimed at changing the SOL cryptocurrency's inflation model. Despite the active participation of 910 validators, the proposal did not receive the necessary support, garnering only 43.6% of votes in favor.

14 March

Solana community rejected proposal SIMD-0228 to change inflation model

Pound sterling falls due to unexpected contraction in UK economy

The British pound slipped below 1.2920 as Friday's data showed the economy contracted by 0.1% in January, with analysts expecting it to have risen by 0.1%. The main factor contributing to the fall was the weakening in the manufacturing sector.

14 March

Pound sterling falls due to unexpected contraction in UK economy

US Commerce Secretary announces upcoming tariffs on copper imports

US 25% tariffs on steel and aluminum imports will remain in place until US domestic production is strengthened. Similar measures will also apply to copper, US Commerce Secretary Howard Lutnick stated.

14 March

US Commerce Secretary announces upcoming tariffs on copper imports

XRP supporters cheer as Ripple and SEC discuss lawsuit settlement

The US Securities and Exchange Commission (SEC) and Ripple are negotiating a possible settlement of the lawsuit. The focus is on whether XRP should be considered a commodity or a security.

14 March

XRP supporters cheer as Ripple and SEC discuss lawsuit settlement

Reuters poll of analysts pointed to possible deceleration of Japan's inflation in February

Japan's core inflation in February likely slowed from 3.2% in January to 2.9% due to renewed energy subsidies, according to a poll of economists conducted by Reuters. Meanwhile, overall price dynamics are expected to support the central bank's intent to hike rates later this year.

14 March

Reuters poll of analysts pointed to possible deceleration of Japan's inflation in February