China’s Caixin Manufacturing PMI drops to 50.4 in April vs. 49.9 expected

China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) fell to 50.4 in April from 51.2 in March, according to the latest data released on Wednesday. Data outpaced the market forecast of 49.9. AUD/USD reaction to China’s PMI data The upbeat Chinese Manufacturing PMI helped the Aussie Dollar maintain its gain, as AUD/USD holds near 0.6400 at … Read more

Top 5 Sharding Blockchain Networks Transforming Scalability in 2025

As blockchain technology strives for mainstream adoption, scalability remains a challenge. Traditional blockchains, with their sequential processing, struggle to handle the transaction volumes required for widespread use. Sharding, a database partitioning technique, has emerged as a crucial solution, dividing the network into smaller, parallel processing units to drastically increase throughput. This year, several sharding-enabled blockchain … Read more

Avail Launches Enigma, Brings Encrypted Rollups to Public Blockchains

Avail and Rize Labs unveil Enigma, a new privacy layer for institutional blockchain adoption. Enigma brings encrypted rollups to public blockchains—solving the long-standing trade-off between transparency and confidentiality. Avail, a modular blockchain infrastructure provider, has partnered with Rize Labs to launch Enigma—a privacy-focused upgrade to Avail’s data availability (DA) layer—targeting enterprises with stringent confidentiality demands. … Read more

China’s NBS Manufacturing PMI contracts to 49 in April, Non-Manufacturing PMI dips to 50.4

China’s official Manufacturing Purchasing Managers’ Index (PMI) contracted to 49 in April, compared to March’s 50.5. The reading came in below the market consensus of 49.9 in the reported month.  The NBS Non-Manufacturing PMI eased to 50.4 in April versus 50.8 in March and the expected 50.7 figure. Market reaction At the time of writing, the AUD/USD … Read more

Dedollarization Accelerates: Russian Official Details BRICS Currency Shift

BRICS is surging ahead with unstoppable momentum, rapidly abandoning the U.S. dollar, building resilient payment systems, and forging a historic new economic frontier beyond Western control. Lavrov Confirms BRICS Ditching US Dollar Fast Russian Foreign Minister Sergey Lavrov has highlighted the growing use of national currencies among BRICS members in place of the U.S. dollar … Read more

Crypto UX Problem Persists Despite Growth

The 2025 State of Onchain UX report by Reown and Nansen highlights growing wallet usage, poor smart wallet awareness, and rising adoption of chains like Solana and Base. 62% of crypto users manage multiple wallets, signaling fragmentation in wallet UX; most users are unaware of smart wallets. Adoption is surging on specialized chains like Solana … Read more