On July 18, Eddy Alexandre, the CEO of EminiFX, a cryptocurrency and forex trading platform, was sentenced to nine years in prison by United States District Judge John P. Cronan. Alexandre was found ...
News
What We Know About The American Soldier Detained In North Korea—And How Likely He Is To Be Released
Topline More details have emerged about Travis King, the 23-year-old American soldier who escaped to North Korea Tuesday and is assumed to be in government custody, as local officials are yet to speak...
National Australia Bank bans payments to ‘high risk’ digital asset exchanges to curb scams
One of Australia’s largest banks is banning payments to ‘high-risk’ digital asset exchanges to reduce cases of fraud and scams. The National Australia Bank (NAB) (NASDAQ: NAUBF) didn’t name specific e...
US Senate Welcomes Bill to Crackdown on Decentralized Finance
The United States Senate has recently welcomed a bill that seeks to tighten regulations on Decentralized Finance (DeFi). Regulatory Scrutiny and the Need for AML Compliance As the popularity of DeFi ...
Ignore The Media: Interest Rates Are Topping
News paper headline Recession Fears getty One of the most difficult things for me in 2022 was that, with all the doom and gloom in the air, I heard about a lot of people giving up on the dream of fina...
Nasdaq Suspends Plans For Digital-Asset Custodian Business Launch In The US
Key Points: Nasdaq has halted the launch of its digital-asset custodian business in the US due to regulatory uncertainty surrounding cryptocurrencies. The exchange operator will continue to work on bu...
Ethereum Monthly Burn Surpasses 146,000 ETH As Total Clears $6.5 Billion
Featuring Ethereum Improvement Proposal (EIP) 1559, the London hard fork introduced significant changes to Ethereum’s transaction fee mechanism. Users now pay a base fee that is subsequently burned, e...
Binance Announces Support for Terra Network Upgrade
Key highlights: Renowned cryptocurrency platform, Binance announced support for the ongoing upgrade of Terra. Deposits and withdrawals for LUNA on Binance will be placed on hold. LUNA has seen a sharp...
$116M Pre-Mined ETH Moved after 8 Years
Despite the general market sentiments, ETH has gained over 50% since the start of the year. A mysterious Ethereum whale has transferred over 61,000 ether (ETH) to a wallet on the Kraken exchange. The ...
Celsius could repay all claims if Bitcoin, Ether prices rose 2X — Simon Dixon
Bankrupt crypto lender Celsius is battling a Chapter 11 bankruptcy with billions of dollars in claims made by various parties. A new estimate by the Bank of the Future suggests that the troubled crypt...
Pound Sterling bears in action as soft inflation challenges hawkish BoE bets
Pound Sterling tumbles to near 1.2900 as UK inflation decelerated more than expected in June. Monthly headline United Kingdom inflation grew at a negligible pace in June. The burden of elevated inflat...
Crypto Influencer Hopes To Rebuild Celsius After Founder’s Arrest
Crypto influencer Simon Dixon is encouraging people to look forward to the next chapter of the Celsius Network. Dixon hopes that the arrest of founder Alex Mashinsky will lead to a better outcome for ...
Solana Foundation, Polygon Lead $30M Fundraise for Web3 Firm Cosmic Wire
“We are very excited for Cosmic Wire’s Web3 infrastructure to be built on the Solana network,” said Johnny Lee, general manager of games, entertainment, and media at Solana Foundatio...
Morgan Stanley (MS) Stock Forecasts
Summary Morgan Stanley is a diversified global financial securities firm. Its businesses include institutional securities sales and trading, investment banking, retail securities brokerage, and instit...
Australia revokes FTX’s financial license
The Australian financial regulator has canceled the financial license of FTX Australia, a local subsidiary of the failed crypto exchange. The Australian Securities and Investments Commission (ASIC) an...
XRP Surges to Frontline in Altcoin Showdown, Leaving Bitcoin Behind
Gamza Khanzadaev Altcoins overtake Bitcoin in open interest race, with XRP in lead In a recent report, smart data portal Kaiko reveals that open interest in altcoins is currently outpacing that of Bit...
CVX Stock, Will Hurdles Break?
While the Oil and Gas industry’s earnings increased by 22.3% per year on average, Chevron’s earnings grew at 25.4% annually. As reported by Simply Wall St., a website that offers financial insights an...
Nasdaq says it’s not the ‘right time’ to launch crypto custody business
Nasdaq has pulled the plug on what would have been its biggest and boldest cryptocurrency initiative before it even went live. The US stock exchange giant’s CEO, Adena Friedman, said during a Wednesd...
MOON price soars, Reddit tokens surge on rule change speculation
In a stunning display of market resilience, the price of the cryptocurrency Moons (MOON) has skyrocketed to a new all-time high of $0.65, showcasing its strong performance despite prevailing market co...
Introduction of Polygon zkEVM app dashboard on BOS
NEAR Foundation makes a declaration of the fact that an interactive Polygon zkEVM application has been introduced on the Blockchain Operating System (BOS). This will be beneficial for zkEVM developers...
Terra Classic (LUNC) and L1 Task Force Developers Resign Due to Private Info Doxxing
Terra Classic (LUNC) developers and L1JTF team members LuncBurnArmy and Fragwuerdig have resigned after having their private info doxxed. In a shocking turn of events, two prominent LUNC L1 Task Force...
Saitama Receives Donation from LBank Labs Meme Fund
Road Town, BVI, July 19th, 2023, Chainwire Saitama, a project that started as a meme token and has since developed into a comprehensive DeFi platform, has received a donation from the LBank Labs Meme ...
Crypto Exchange Binance Hits Pause on Certain Employee Perks, Cites Decline in Profits: Report
Top global crypto exchange Binance is reportedly eliminating some employee benefits due to a decrease in profits. Anonymous former company employees told the Wall Street Journal that the exchange sent...
Infinite Reality and Vodafone Digital Asset Broker Join Forces to Create Extraordinary Metaverse Showroom at London Tech Week
The immersive virtual experience wowed attendees at the week-long festival that celebrates the most innovative talent and thinkers in tech LONDON & LOS ANGELES–(BUSINESS WIRE)–Infinite Reality (iR...
Societe Generale’s Crypto Arm Becomes First Entity to Score France’s DASP License
Societe Generale’s crypto arm – SG Forge – announced acquiring a regulatory license approval as Digital Asset Service Provider from the French Financial Markets Authority (AMF). With it, SG Forge has ...
‘Barbie,’ ‘Oppenheimer’ opening weekend could be huge
Cillian Murphy in Oppenheimer and Margot Robbie as Barbie Julien De Rosa | AFP | Getty Images; Stuart C. Wilson | Getty Images This weekend at the box office is all about atomic bombs and blonde bombs...
Can LTC reach $1,000 in the Next Bullrun?
An important crypto event looms on the horizon – the much-anticipated halving event of Litecoin (LTC). With this event, the reward for mining Litecoin will reduce by half, a phenomenon that usually sp...
How this Ethereum whale movement can affect your holdings
An Ethereum ICO participant deposited a large amount of ETH to Kraken. Selling pressure on holders remained low while bears continued to short. According to recent data provided by Lookonchain, an Eth...
Advisors Warning Trump Winning Election May Be Only Way To Avoid Jail Time
Former US President and 2024 presidential hopeful Donald Trump arrives to speak at the Turning Point … [+] Action USA conference in West Palm Beach, Florida, on July 15, 2023. (Photo by GIORGIO ...
Tech titans and seasonal trends: A deeper look into S&P 500 performance
Quick Take According to the global markets newsletter, the Kobessi Letter, the year-to-date performance of the S&P 500 shows a striking disparity of the underlying assets behind its impressive gai...
BREAKING: Bitcoin ETFs Move Closer To Approval, SEC Lists 8 Applicants On Federal Register
The US Securities and Exchange Commission (SEC) has taken a significant step towards approving the first-ever Spot Bitcoin Exchange-Traded Fund (ETF) in the country. According to a report by Watcher ...
Mainland Investors Buy Hong Kong Stocks In Size
China Last Night KraneShares Key News Asian equities were largely higher as Japan outperformed, while Indonesia and Malaysia were closed for the Islamic New Year. Hong Kong stocks were off slightly, b...