Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. AXS recorded a new yearly low Negative funding ra...
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Warren Buffett Transformed His Neighbor’s Life Savings Of $67,000 Into $400 Million
In 1965, a middle-aged couple in Omaha, Nebraska, faced a common yet challenging predicament: how to effectively plan for retirement. Dorothy and Myer Kripke had diligently saved and received a modest...
Hacker Exploits Sturdy Finance, Drains $800,000 From The Lending Protocol
DeFi lending protocol, Sturdy Finance has lost nearly $800,000 in ETH to an attack. The protocol confirmed the incident in a June 12 tweet after receiving an alert from blockchain security firm, PeckS...
Changpeng Zhao to Justin Sun: Don’t Try Buying My New Tokens!
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Binance head Changpeng Zhao has taken to Twitter to warn Justin Sun – the main executive behind crypto firm Tron –...
Decisive Week For Crypto; Hinman Docs Reveal, Congressional Hearing And More
XRP Lawsuit News: The digital asset market took a massive hit last week as the U.S. top financial watchdog, the Securities and Exchange Commission (SEC), sued two of the world’s biggest crypto exchang...
Data Reveals Short-Term Bitcoin Holders Refuse To Sell Despite SEC Crackdown
Amid ongoing regulatory scrutiny and fear, uncertainty, and doubt (FUD) surrounding Bitcoin (BTC), short-term holders who are often known to be the first to sell off their assets when prices decline h...
Thirdweb Welcomes Ex-Facebook Exec for Boosting Web3 Gaming
Thirdweb wants to scale its web3 development phase for its upcoming future, as it recently welcomed an ex-executive of Facebook, the tech firm. According to a recent Yahoo Finance report, Atif Khan, t...
Bitcoin and select altcoins show resilience even as the crypto market sell-off continues
A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a 2...
10 Ways Crypto and AI Can Make Each Other Better (or Maybe Worse)
Crypto trading is 24/7, without borders, and it happens across a dizzying range of assets and markets. Even in the pre-AI status quo, humans struggle to keep pace with the always-on casino. That will ...
Shiba Inu’s Major Exchange Plunges to Absolute Lows Amid SHIB Price Crash
Gamza Khanzadaev Liquidity crisis hits Shiba Inu ecosystem following collapse of SHIB price ShibaSwap, a prominent decentralized platform and vital part of the Shiba Inu ecosystem, has witnessed a sig...
Brian Armstrong Says Coinbase Staying in US Despite Regulatory Pressure – Here’s Why
Coinbase CEO Brian Armstrong says that his crypto exchange remains dedicated to the United States despite the anti-crypto onslaught from American regulators. In a new interview with the Wall Street Jo...
Block Green Launches Bitcoin Mining Future Revenue Marketplace In Partnership With Merkle Standard
Block Green, a Switzerland-based Bitcoin liquidity protocol, and Merkle Standard, a U.S. Bitcoin mining company, have announced a partnership that allows Merkle Standard to utilize Block Green’s...
Regulatory Scrutiny Triggers Concerns in the US Crypto Industry
The recent increase in regulatory scrutiny surrounding cryptocurrencies in the United States has prompted a significant response from participants in the broader financial sector. Among those voicing ...
BOCI Makes History As First Chinese Bank To Issue Tokenized Security
Key Points: BOCI became the first Chinese financial institution to issue a tokenized security in Hong Kong and the first product in the Asia Pacific region on Ethereum. Chinese state-owned bank, BOCI,...
HSBC Unveils HSBC Innovation Banking with Expertise Help from Its Silicon Valley Bank UK (SVB UK)
The HSBC Innovation Banking unit has more than 650 employees in the UK, over 40 members in the U.S., and hiring more in Hong Kong and Tel Aviv. HSBC Holdings PLC ADR (NYSE: HSBC), a British universal ...
Why Is The First Success Question
Let the universe know what you’re passionate about achieving. You’ll know you’ve got your WHY when you shoot out of bed every morning, eager to face the challenges that show up once you’ve let the uni...
Analyst Urges Altcoin Investors to Switch to BTC Amid Bearish Trend
Altcoin market sees a bearish trend, with major coins incurring double-digit losses. A crypto influencer suggests investing in Bitcoin. Solana and Cardano bear the brunt of the altcoin market downturn...
a16z leads $43m funding round for Gensyn AI
UK-based Gensyn AI recently secured $43 million in Series A funding led by a16z crypto. The company wants to enable developers to build AI tools using a flexible pay-as-you-go model. The funding round...
Ark Invest’s Cathie Wood Is Betting Big On AI With These 4 Stocks — Including One That Could Skyrocket 750%
Ark Invest’s Cathie Wood is known for investing in disruptive innovation. The super investor has placed big bets on artificial intelligence (AI), which is widely regarded as one of the most disruptive...
Bank of China investment arm issues tokenized notes on Ethereum
BOCI, an investment arm of the Bank of China, issued tokenized notes in Hong Kong, marking the first time that a financial institution in China has issued a digital note in the region. UBS partnered w...
New Terra Classic Project Burns Over Half a Billion LUNC
A recently-introduced Terra Classic project incinerates over half a billion LUNC just a few weeks after it jumped on the burn campaign. The Terra Classic (LUNC) burn campaign just received support fro...
Why the Fed’s rate decision will likely be a last-minute call
When the Federal Reserve sits down Wednesday to decide whether to raise interest rates again, it will likely be a game-time decision. Fed Chair Jerome Powell said that the central bank will make decis...
DeFi Protocol Sturdy Finance Loses $800k in Recent Exploit
31 mins ago | 2 mins read Defi News PeckShield notified Sturdy Finance on June 12 of a suspicious transaction. The attacker sent about $800,000 in ETH to the crypto mixer Tornado Cash. The Sturdy Fina...
Spring 2023 Layoff Tracker: Grubhub Cuts 400 Staff
Chicago-based food delivery giant Grubhub announced plans on Monday to slash 15% of its workforce, making it the latest U.S. company to reduce its headcount this spring, following major cuts at Disney...
Binance CEO Addresses FUD Amid Billions in Exchange Outflows
In a surprising move, Binance, the world’s largest cryptocurrency exchange by trading volume, experienced a substantial binance outflow of capital. Changpeng Zhao, the CEO of Binance, held a press con...
Broadcom Might Receive European Approval For $61B VMware Deal, UBS Closes Credit Suisse Takeover, Illumina CEO Steps Down Amid Activist Investor Carl Icahn’s Pressure: Today’s Top Stories
Reuters Broadcom Most Likely To Receive EU Approval For $61B VMware Merger In early May, U.S. chipmaker Broadcom Inc’s (NASDAQ: AVGO) CEO Hock Tan proposed a pitch to EU antitrust enforcers rega...
US unemployment rate under 4% for longest stretch since 1970s
Quick Take Liz Ann Sonders, the chief investment strategist at Charles Schwab, pointed out that the unemployment rate in the U.S. is below 4%, the longest period under that level since the 1970s. The ...
Harris Group Agrees To Replace Private Equity Financing In $6 Billion Washington Commanders Purchase
Handoff: Washington Commanders co-owners Dan and Tanya Snyder sold the team to billionaire Josh Harris in May.. Rob Carr/Getty Images One of the big changes Josh Harris agreed to make in last week’s m...
Mark Cuban Lashes Out at SEC For Lack of Clarity
Shark Tank star Mark Cuban has become the latest voice of dissent against the Securities and Exchange Commission (SEC), saying proposed crypto regulations lack clarity. After the FTX collapse, the US ...
FLEX Coin Moving Up, with a 60% Gain in the Last Week
FLEX, the coin fueling the innovative crypto futures exchange CoinFLEX, has exhibited impressive trading performance over the past week. Consequently, the price of the coins started trending upwards. ...
Reddit’s crypto community go dark in protest
Reddit, the popular social media platform known for its diverse and active communities including many important ones related to the crypto world, is experiencing a blackout. From June 12-14, numerous...
U.S. Economy Will Underperform Until We Get Regulation Under Control
A Senate aide delivers a stack of documents bound in red tape being used as a prop during debate on … [+] the budget in the Senate, at the Capitol in Washington. (AP Photo/J. Scott Applewhite) A...