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On April 4, the Yangtze River Delta Railway ushered in the peak of passenger flow during the Qingming Festival. It is expected to send 4.1 million passengers today, 365,000 more than the same period last year, an increase of about 9.8%, and is expected to set a new record for single-day passenger volume. This years Qingming Festival railway transportation will start from April 3 to 7. The Yangtze River Delta Railway is expected to send 17.6 million passengers in 5 days, with an average daily passenger flow of 3.52 million, a year-on-year increase of 6.8%.The yield on the two-year U.S. Treasury note fell to a six-month low of 3.6550% and was last at 3.6611%.On April 4, local time on April 3, U.S. Secretary of Health and Human Services Robert Kennedy Jr. said that about 20% of the layoffs in the Department of Government Efficiency were wrong and needed to be corrected. The U.S. Department of Health and Human Services laid off about 10,000 people on the 1st. Kennedy said that people who should not have been laid off were laid off, and the department is restoring their positions. Kennedy said that canceling the entire lead poisoning prevention and monitoring department of the Centers for Disease Control and Prevention was one of the mistakes. At present, it is unclear what other projects Kennedy may plan to restore.Bank of Japan Governor Kazuo Ueda: Will consider the impact of food costs on consumers.On April 4, local time on the 3rd, the automobile company Stellantis said that due to the impact of the US import automobile tariff policy, the company decided to lay off 900 employees in its five US factories and suspend production operations at two assembly plants in Canada and Mexico. Antonio Filosa, Chief Operating Officer of Stellantis Americas, said that the US factories that were laid off were powertrain and stamping parts factories, which produced spare parts for two assembly plants in Canada and Mexico. According to the plan, the assembly plant in Canada will stop production for two weeks, and the assembly plant in Toluca, Mexico will suspend production throughout April. Filosa said the company is "continuing to evaluate the medium- and long-term impact of tariffs on operations."

The Dogecoin Creator Slams the Shiba Inu Metaverse for Stealing $300 Million

Cory Russell

Apr 02, 2022 10:03


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Billy Markus, the creator of Dogecoin, expressed his disappointment on Twitter today.


Shiba Inu's Metaverse plans to offer virtual plots in order to broaden their horizons.


Billy described the idea as a $300 million money grab.


Shiba Inu just launched its Metaverse, dubbed SHIB: The Metaverse, as FXEmpire reported yesterday. While some (mainly SHIB supporters) were overjoyed, others offered counter-arguments that may be regarded facts.

Shiba Inu and Dogecoin Aren't Friends?

Billy Markus, better known as Shibetoshi Nakamoto, the developer of one of the most well-known cryptocurrencies, Dogecoin, did not appear to be pleased with Shiba Inu's ideas.


Markus was unsatisfied with the way SHIB treats its investors after his creation of Dogecoin spawned an entire category of cryptocurrencies known as 'Memecoin.'


"How is building a random metaverse and selling phony land with Ethereum adding utility to their product," Markus asked in response to CoinDesk's coverage of SHIB's Metaverse this morning.


He went on to remark that, while there is undeniably a great potential for developers to make more money, if he were a SHIB investor, this would not sit well with him.


The idea that SHIB: The Metaverse is selling pieces of land in ETH for no intrinsic value was perplexing to Billy.


Justifying his decision, he stated that if 100,000 (actually 100,595) parcels of land were sold for between 0.2 and 1 ETH each, the team would raise between $100 million and $300 million.


This, he claims, is futile because it would just serve to enrich the developers' pockets beyond what they have already reaped from the development of SHIB.


Billy probably said that because Shiba Inu is covertly profiting on the Metaverse buzz in the name of development.


Dogecoin, on the other hand, has set itself up for appropriate development with the phases outlined in its roadmap, which include the creation of a library for enabling the construction of Dogecoin-based DeFi protocols as well as a test suite.


Even if they have yet to be created, it is preferable to know if a possible DeFi chain has some inherent DeFi potential before embarking on the creation of its virtual environment.

On the Charts: DOGE and SHIB

Whatever the case may be with their on-chain developments, both coins appear to be cooling off into consolidation after recent surges on the investor front.


DOGE was unchanged on the daily chart at the time of writing, trading at $0.1381. SHIB, which had dropped 5.69 percent the day before, has recovered 1.35 percent today, trading at $0.00002622.

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