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13:43
US inflation rate remained steady in December, with overall CPI rising 2.7% year-on-year
According to Odaily, data released by the U.S. Department of Labor on Tuesday shows that the CPI for December 2025 rose by 2.7% year-on-year, and the core CPI increased by 2.6% year-on-year, both remaining unchanged from November's figures. Currently, Federal Reserve officials are divided on whether inflation or labor market risks should be prioritized, and they will closely monitor Tuesday's report to assess whether businesses are passing tariff-related costs on to consumers. This December CPI report is the first comprehensive review of inflation trends in several months. Due to the government shutdown last fall, the Department of Labor was unable to collect price data on-site and had to use technical methods to handle missing data in the previous inflation report. Although the current inflation rate has slowed compared to a few years ago, the prices of essentials such as food and insurance remain much higher than before. The December CPI report indicates that overall inflation in 2025 is moderate, and although inflation rebounded somewhat in the summer, the increase was limited. (The Wall Street Journal)
13:43
Polygon Labs acquires two crypto startups, Coinme and Sequence, with a total acquisition amount exceeding $250 million
According to Odaily, Polygon Labs has announced the completion of its acquisition of cryptocurrency startups Coinme and Sequence, with a total purchase price exceeding $250 million. However, Polygon Labs declined to disclose the specific acquisition price for each company or whether the transaction was conducted in cash, equity, or a combination of both. Polygon Labs CEO Marc Boiron and Polygon Foundation founder Sandeep Nailwal stated that this acquisition aims to support the blockchain network's stablecoin strategy. Coinme holds a series of remittance licenses in the United States, while Sequence is focused on building blockchain infrastructure, including crypto wallets. (Fortune)
13:42
Polygon Splashes Over $250 Million to Acquire Two Crypto Startups, Taking Aim at Stripe-Style Stablecoin Landscape
BlockBeats News, January 13th, Polygon Labs announced the completion of the acquisition of two cryptocurrency startups, Coinme and Sequence, with a total transaction amount exceeding $250 million. Polygon Labs did not disclose the individual transaction amounts or specify whether the payment was in cash, equity, or a mixed form. Polygon Labs CEO Marc Boiron and Polygon Foundation founder Sandeep Nailwal stated that this acquisition is a key part of the company's stablecoin and payment strategy, aiming to strengthen Polygon's presence in the payment infrastructure sector. Among them, Seattle-based Coinme focuses on cash-to-crypto exchange services, operates a cryptocurrency ATM network in the United States, and holds multiple state-level money transfer licenses; New York-based Sequence provides blockchain infrastructure services, including cryptocurrency wallets. Nailwal bluntly stated that this move will propel Polygon Labs into direct competition with Stripe. Over the past year, Stripe has successively acquired stablecoin startups, cryptocurrency wallet companies, and launched its own blockchain for payment scenarios, aiming to control the complete stablecoin technology stack from payment processing to user asset storage. Overall, Polygon Labs is seeking to establish itself in the new round of stablecoin infrastructure competition, competing head-to-head with traditional fintech giants.
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