By Noele Illien ZURICH (Reuters) -UBS on Monday said it had completed its emergency takeover of embattled local rival Credit Suisse, creating a giant Swiss bank with a balance sheet of $1.6 trillion a...
News
Bridging Traditional Finance with The Crypto World
Soil is a blockchain-based lending protocol that is built to bring traditional finance into the crypto world and reshape corporate debt and fixed-income investments. To do that, it is designed as a de...
Goldman Sachs Raises S&P 500 View Saying Rally to Broaden Beyond Tech
(Bloomberg) — The rally in US equities will broaden beyond megacap technology names if history is any guide, Goldman Sachs Group Inc. strategists said in a report raising their year-end target f...
Ripple CTO Wants Community Input on His ‘Funny’ Address to Metaco Staffers
Godfrey Benjamin Ripple’s David Schwartz shared controversial tweet about his speech for Metaco staff Ripple Labs Inc’s Chief Technical Officer David Schwartz started his week with a tweet...
Oracle Earnings Day Is Here. What to Expect.
Text size Oracle has made an aggressive push into the cloud, first with its own software and then with the launch of Oracle Cloud. Getty Images When Oracle posts financial results after the close of t...
Andreessen Horowitz (a16z) Plans U.K. Office Amid U.S. Crypto Tensions
a16z announces first international office in London amid U.S. crypto tensions. The firm invests $43m in UK-based AI and crypto startup, Gensyn. The new branch is intended to foster talent through bloc...
Ripple v. SEC case update as of June 12, 2023
With the release of the controversial documents just one day away, the cryptocurrency industry continues to follow the people close to the legal battle that the United States Securities and Exchange C...
VC Firm Andreessen Horowitz Opens Crypto Office in London
24 seconds ago | 2 mins read Bitcoin News The United States and its ongoing crackdown on crypto were not specifically mentioned. The company’s first international outpost will be in London. a16z crypt...
China’s property sector set to be persistently weak for years -Goldman
BEIJING (Reuters) – China’s property sector is expected to grapple with “persistent weakness” for years, Goldman Sachs analysts said, adding that its problems would continue to...
Former president of Paypal is pro-Bitcoin
Recently the former president of Paypal, David Marcus, gave an interview in which he bluntly argued that only Bitcoin, and nothing else, is capable of supporting a truly open protocol for Internet pay...
Nio Cuts Prices on All Electric Vehicles by $4,200 in China
(Bloomberg) — Electric-vehicle maker Nio Inc. slashed starting prices on all of its models in China by 30,000 yuan ($4,200), days after reporting a worse-than-expected quarterly loss. Most Read ...
Attacker drains $800K from DeFi protocol Sturdy Finance
Decentralized finance (DeFi) protocol Sturdy Finance lost 442 Ether (ETH), worth almost $800,000 at the time of writing, from a security exploit. The attacker exploited a vulnerability that eventually...
アバランチのAva Labs、web3ゲームの構築支援プログラム「Avalanche Arcad3」立ち上げ
Ava Labsが「Avalanche Arcad3」を立ち上げ レイヤー1ブロックチェーンAvalanche（アバランチ）開発の米Ava Labs（アバラボ）が、web3ゲームの構築支援プログラム「アバランチアーケード3（Avalanche Arcad3）」の立ち上げを6月10日発表した。 「アバランチアーケード3」は、web2ゲーム会社がweb3ゲーム構築の際に課題となるブロックチェーンの導入...
TMS Network (TMSN): The Unwavering Titan Defying BNB (BNB) and Solana (SOL)’s Hasty Retreat
It is no news that the cryptocurrency world is very competitive, and newer projects are always struggling to survive, as the old ones usually have all the advantages. This is not the case for TMS Netw...
Curve Finance founder deposits $24M to Aave, controls 32% of CRV supply
DeFi • June 12, 2023, 4:03AM EDT Over the weekend, a wallet tagged as belonging to Michael Egorov, the founder of Curve Finance, made a notable maneuver by depositing 38 million Curve DAO tokens — equ...
Pro-XRP Lawyer Highlights How Hinman Emails Will Help Ripple and Coinbase
Pro-XRP attorney John Deaton believes the documents will help Ripple and Coinbase in the Court of Public Opinion. With Hinman’s emails expected to be made public tomorrow, crypto community members con...
Gold listless as markets strap in for Fed verdict
By Arundhati Sarkar (Reuters) – Gold prices were flat on Monday as cautious investors positioned themselves for the U.S. inflation data and the Federal Reserve’s interest rate verdict alon...
Illumina CEO DeSouza Resigns Following Pressure From Icahn
(Bloomberg) — Illumina Inc.’s board accepted the resignation of Chief Executive Officer Francis deSouza, handing a victory to activist investor Carl Icahn who had been seeking his removal. Most ...
Napoli Stars Lead The Way In The Serie A Team Of The Year
Victor Osimhen of Napoli was Serie A’s leading scorer this term LightRocket via Getty Images A team made up of the best players in Serie A for the 2022/23 campaign, set up in a 3-4-1-2 formation...
Crypto Veteran Howard Yuan Joins LBank Labs as Venture Partner
Road Town, British Virgin Islands, June 12th, 2023, Chainwire LBank Labs, the leading venture fund of global crypto exchange LBank, is thrilled to announce the addition of Howard Yuan to its team. Yua...
Investors Choose Sparklo (SPRK) Over Uniswap And Curve Dao
With the SEC going after crypto exchanges, some cryptos are set to benefit if things escalate. Decentralized exchanges like Uniswap (UNI) and Curve Dao Token (CRV) have experienced a volume surge sinc...
Polygon Responds to SEC’s Claim of MATIC Being a Security
Polygon Labs has responded to the SEC’s claims that its native token MATIC is an unregistered security. The US SEC last week labelled Polygon and other popular cryptocurrencies unregistered securities...
Crypto Analyst: Recent Volatility Pushed BTC Into Critical Region
The recent Bitcoin price volatility is setting the crypto market up for a potential bull run. Closing below the 20-week moving average signals an end to the bear market. Bitcoin could potentially drop...
SECのバイナンスやコインベース提訴でビットコイン価格下落もやや回復、アルトコインは大幅下落（暗号資産 週間マーケットレポート 6/12号）
6/4~6/10週のサマリー 米国証券取引委員会（SEC）が大手暗号資産取引所Binance, Coinbaseを提訴 米投資アプリ大手RobinhoodがADA, SOL, MATICの上場廃止を発表 Binanceの顧客資産が同社 CEOチャンポン・ジャオ氏が経営する企業に送金されていたことが明らかに 暗号資産市場概況 6/4~6/10週におけるBTC/JPYの週足終値は前週比▲4.68%の3...
Top Crypto Exchange Volumes Start to Slide Amid SEC Onslaught
The world’s leading crypto exchanges are seeing trading volumes slumping across the board. Moreover, the fallout from America’s war on crypto exchanges appears to be affecting them all. All top crypto...
How to Invest in DeFi: From Novice to DeFi Investor
Decentralized finance (DeFi) has revolutionized how we think about traditional financial systems. With its promise of open, permissionless, and borderless financial services, DeFi has gained significa...
How Bitcoin can help secure proof-of-stake blockchain protocols
The proof-of-work consensus mechanism of Bitcoin (BTC) could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols thanks to efforts from a Stanford U...
Cardano Founder Addresses ADA’s Security Concerns, Ripple CTO Reacts
The founder of Cardano and the CTO of Ripple has reacted to the SEC’s argument on the reason behind its classification of ADA as a security. Charles Hoskinson, the founder of Cardano (ADA), and David ...
The dump of the crypto Binance Coin (BNB)
Binance Coin (BNB), the industry’s most popular crypto exchange, has seen a -25% price dump in the past 7 days. A week in which it has been under indictment by the US Securities and Exchange Commissi...
Bitcoin and ether reserves fall below 50% on US crypto exchanges
Markets • June 12, 2023, 3:35AM EDT Bitcoin and ether reserves on United States-based crypto exchanges have fallen below 50% amid an ongoing regulatory crackdown in the country. “U.S.-based cryp...
A new break for Tron on the charts will take it…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Intense selling pressure saw bulls lose key suppo...
Venus Protocol Ready For BNB Liquidation At $220
Key Points: Venus Protocol said that the BNB Chain core team is ready. If the BNB price reaches the liquidation threshold, it will take over the BNB position on Venus as planned. The liquidator addres...