Bank of England member Taylor said that if there is more room for easing, the Bank of England may need to quickly cut interest rates and lower bank rates below neutral levels.

Bank of England member Taylor stated that maintaining interest rates unchanged at current levels is the correct and appropriate policy response.

[Ethereum Foundation Completes Internal Restructuring, Lays Off 54 Employees] The Ethereum Foundation has completed months-long internal restructuring, laying off 54 employees, accounting for approximately 20% of the total workforce.

Ethereum Fund plans to lay off approximately 20% of its employees.

According to The Block, the mGLOBAL security token launched by Midas has been integrated into Aave Horizon, allowing users to use mGLOBAL as collateral to borrow USDC and retain exposure to underlying assets. MGLOBAL tracks the Global Diversified Alternative Debt short-term private credit portfolio managed by Fasanara Capital, which is issued by a bankruptcy isolated entity under the Luxembourg asset securitization vehicle, with net value calculated monthly by JTC Luxembourg.