⚡️ News Flash - 12 Aug 2024 !

1️⃣ Former BOJ Board Member Predicts Unlikelihood of Additional Rate Hike This Year
The Bank of Japan is expected to hold off on further interest rate hikes this year after recent increases triggered market turmoil and disrupted the yen carry trade. Former BOJ board member Makoto Sakurai indicates no additional hikes are likely until at least March.

2️⃣ Canto to Resume Network Operations Following Outage Due to 'Consensus Issue'
Canto's Layer-1 blockchain suffered an outage post-"Callisto" upgrade, halting transactions due to a consensus issue. An upgrade is scheduled for Monday to address it. The blockchain reassures users that funds are safe.

3️⃣ Venezuela Restricts Binance and X in Response to Presidential Election Dispute
Venezuela's government has blocked access to Binance, social media platform X, and other online services amid unrest over disputed presidential election results. Local anti-censorship group VE sin Filtro reported a DNS block affecting B…