Typically, in the world of cryptocurrency, borrowers are forced to overcollaterise in order to take out a loan. Given the volatility of crypto, this is intuitive – overcollaterisation helps reduce the...
Category: Finance
Live Finance News Updates.
Israel Fintech Sector Witnesses Strong Funding Figures in 2021
A report published by Israeli media unveiled that the local fintech sector saw a significant rise in 2021. The Times of Israel noted that investments in startups and companies of the industry hit $4.5...
Yuan Jumps After Report on Saudis Weighing Its Use in Oil Deals
(Bloomberg) — The Chinese yuan reversed earlier declines following a report by Dow Jones that Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in the currency...
Kazakhstan has confiscated nearly $200 million in mining equipment from unregistered miners
advertisement Kazakhstan’s push to rein in its local crypto industry has seen significant escalations. On March 15, Kazakhstan’s Financial Monitoring Agency reported on its overall work to...
Luno wallet adds Uniswap and Chainlink tokens due to high demand for investments in Africa
TL;DR Breakdown • Luno wallet sees potential in these tokens.• Luno aims to be the best crypto platform in Africa. The Luno wallet dedicated to bringing decentralized currency trading to any part of t...
White House says U.S. will run out of money to fight pandemic
A healthcare worker prepares a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, on Wednesday, Jan. 26, 2022. Vanessa Ler...
Airlines, Coupa Software, GitLab and more
Take a look at some of the biggest movers in the premarket: Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) – Delta rallied 3.7% in the premarket while United jumped 3.9% and So...
Atlanta Braves Give Newcomer Matt Olson $168M, Eight-Year Contract
His green uniform may be gone but Matt Olson got plenty of green from his new club, the Atlanta … [+] Braves, after arriving from the A’s in a blockbuster trade. (Photo by Daniel Shirey/Ge...
Nuveen CIO: these two giants are on sale right now
Markets will likely remain volatile ahead on a double whammy of record inflation and the geopolitical tensions, says the chief investment officer of Nuveen. Malik’s bull case for Microsoft Saira...
Investors Sue Vanguard After Target Date Funds’ Big Tax Bill
Three investors are suing Vanguard Group for alleged negligence and breach of fiduciary duty, saying that changes the company made to target date retirement funds resulted in “massive tax bills” for i...
Coinbase outlines the path ahead for its planned derivatives offering
Coinbase revealed new details about its planned derivatives business during an event in Florida on Tuesday. The presentation at FIA Boca, a futures industry conference, came months after Coinbase anno...
NFT holders can choose the plot for Mila Kunis’ show
NFT holders are free to choose the plot of Mila Kunis’ new show It is titled The Gimmicks if the reports are to be believed The animated series is the intersection of Hollywood and blockchain techno...
Retail sales will grow this year, but at a slower rate than in 2021, trade group says
Miami, Florida, Brickell City Centre shopping mall with Apple Store, Chanel and escalators. Jeff Greenberg | Universal Images Group | Getty Images Retail sales in the U.S. are expected to grow between...
Boxing Making Huge Comeback With Younger Audiences
Heavyweight champion Tyson Fury — one of Top Rank’s biggest stars — is a big reason why the sport is … [+] drawing in more fans. ASSOCIATED PRESS Brace yourself for a shocker: Boxing’s pop...
Most Wall Street Experts Now Predict Stagflation—Here’s What That Means For Investors And The U.S. Economy
Topline Professional investors are growing increasingly gloomy about the future, with the majority now predicting that stocks will fall into a bear market this year and the U.S. economy will be plague...
Terraform Labs CEO closes $10M bet on LUNA price
Terraform Labs CEO Do Kwon finalised a bet with GCR, a crypto personality (short for Gigantic Rebirth) of $10 million. Do Kwon is betting on a higher future price of Terra (LUNA/USD). Both parties hav...
Oslo Børs Releases the First Edition of IPOready in Norway
Oslo Børs, part of the Euronext Group, has announced on Tuesday that it had launched the first edition of IPOready in Norway. According to the press release, IPOready is a pre-IPO training program tha...
Rivian Makes a Major Bet – Will It Pay Off?
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report has something to prove and the young manufacturer of electric vehicles, recently presented as one of Tesla’s great rivals, knows...
DeFi protocols Agave and Hundred Finance exploited on Gnosis Chain for $11 million
Quick Take The attacker introduced a reentrancy bug to steal funds using a flash loan exploit. The projects lost a combined $11 million in the attack, hours after a similar incident involving Deus Fin...
XRP Vs SEC: Fight Continues Following Denial Of Ripple and SEC Motions
Brad Garlinghouse, CEO of Ripple, claims a “big win” in denial of a Securities and Exchange Commission motion while staying silent regarding ruling on his own motion. Couple of rulings were issued by ...
Airlines bet surge in travel will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered...
Oil suffers ‘spectacular’ collapse, falls into bear market territory just 5 days after settling at nearly 14-year highs
U.S. and global benchmark crude oil entered bear market territory on Tuesday, just five trading days after they settled at their highest prices since 2008. “The collapse has been spectacular,” Fawad R...
Binance suspends Polygon deposit and withdrawal to sync node for the time being
TL;DR Breakdown Binance developer tweets amidst Binance halt. The problem lies in the third layer of the Heimdall layer. Binance‘s work to upgrade and sync network nodes were temporarily suspended due...
Solana-Based ARPG Eizper Chain Raises $2 Million From Seed Round and Private NFT Sale
March 15, 2022 – Bandung, Indonesia Eizper Chain, the blockchain action-based multiplayer ARPG, has secured $2 million in funding through a seed round and private NFT sale. Overall demand for exposure...
American Airlines, Starbucks, Peloton and more
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Check out the companies makin...
‘The Batman’ Nears $500 Million To Become 2022’s Biggest Hit
Robert Pattinson in ‘The Batman’ Warner Bros. Warner Bros.’ The Batman earned another $6.37 million on its second Monday, dropping 68% from Sunday and 41% from its first Monday gross. That...