(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard said OPEC’s decision to cut output was unexpected and an increase in oil prices could make the Fed’s job of lowering infla...
News
Rogue Validator Outsmarts MEV Bots, Resulting in a $25 Million Loss
In a recent incident, MEV bots attempting sandwich trades suffered a massive loss of $25 million in digital assets due to a rogue validator. The bots were trying to execute sandwich transactions, whic...
How to Enroll in Free Courses For A Blockchain Technology Career – Cryptopolitan
Blockchain technology is rapidly growing in popularity due to its potential to revolutionize industries and disrupt traditional business models. As a result, many individuals and businesses are seekin...
Is Coinbase the Largest Holder of Shiba Inu (SHIB)? Find out!
20 seconds ago | 2 mins read Altcoin News Ethereum co-founder Vitalik Buterin was given half of the entire supply of Shiba Inu. As of late 2022, SHIB was held in over 1.2 million wallets. According to...
Oil pops, Dow rallies as second quarter gets underway: Stock market news today
The price of crude oil surged early Monday, pushing the Dow higher and offering a new wrinkle for investors as an unexpected oil supply cut from OPEC+ over the weekend shook markets to start the secon...
Browser Extension Reveals Twitter Blue Accounts
Twitter users have been able to verify their accounts for a monthly fee since the launch of Twitter Blue in November 2022. This has led to a flood of verified accounts, some of which are associated wi...
Why One Firm’s 3,612% Return Is Drawing the Ire of Hedge Funds
(Bloomberg) — Mark Spitznagel is a master at generating buzz for his tail risk-protection business. From partnering with the man who coined the very term “Black Swan” to warning this January tha...
TradFi Banks Team Up to Create Digital Bonds Trading Platform on Blockchain
The project joins others applying similar technology to conventional markets. In March, Brussels-based Euroclear said it may release a new platform for trading securities on a distributed ledger later...
Biden Has Limited Options to Respond to OPEC+’s Oil Cut
(Bloomberg) — OPEC+’s surprise move to cut 1 million barrels a day of oil production is poised to raise US fuel prices just as President Joe Biden is expected to launch his re-election campaign....
FedNow program aims to introduce fully digital US currency
As the United States Federal Reserve (Fed) prepares to launch FedNow — arguably its wholesale central bank digital currency (CBDC) — many analysts and investors are closely watching the potential impl...
Extra Space Agrees to Buy Life Storage. There’s a New Industry Leader.
Extra Space Storage has agreed to buy its smaller rival Life Storage for $12.7 billion. It’s a deal which will form the largest operator renting out storage space in the U.S. by number of locations an...
Arbitrum Walks Back $1B Proposal — But It Already Used Some of It
Arbitrum is dealing with a governance crisis. The Ethereum layer-2 scaling project, which recently ran an airdrop for a governance token, has retracted a sweeping proposal which would’ve netted the fi...
These Trusts Can Help You Avoid Estate Taxes
SmartAsset: How to avoid estate taxes with trusts Estate taxes are a form of transfer tax that affects the very wealthy. For multimillionaire households, avoiding the estate tax is a significant issue...
How High Will XRP Go in April as per Price Analysis?
The first price shifts for XRP occurred on March 15 after the asset saw minimal increases. The value of XRP rose 60% in under two weeks, from $0.3606 to $0.5454 on March 29. The price of XRP is seeing...
How Long Will $3 Million Last Me in Retirement?
How Long Will $3 Million Last in Retirement? How long $3 million will last in retirement depends on your spending habits and investment returns. While your spending habits are largely under your contr...
Binance maintains steady Ethereum reserves, ramps up Bitcoin holdings
Quick Take Binance has been under heavy scrutiny for the past week since the CFTC claimed that Binance had breached its trading and derivatives rules. CryptoSlate did a deep dive into Binance’s ...
Why Opec+ is cutting oil output now
The Opec+ group has shocked oil markets by announcing a surprise production cut of more than 1mn barrels a day, boosting the oil price and raising tensions with western allies. But why has the oil pro...
Ethereum Validator Stole $25M From MEV Bots
Rogue Ethereum validator stole over $25 million worth of cryptocurrencies from an Ethereum MEV bot conducting sandwich trades. According to PeckShieldAlert, the hacker stole over $25 million from the ...
ChatGPT will quickly handle at least half of the tasks of financial investment jobs, researchers predict
Good morning, The debate continues on whether generative A.I. large language models (LLMs) like ChatGPT, designed to understand and generate human-like text, will impact the future of work, including ...
Astar Network Launches Second Iteration of Smart Contracts
Astar Network Launches Second Iteration of Smart Contracts, Supporting Ethereum Virtual Machine and WebAssembly Virtual Machine Astar Network, a multichain decentralized application (DApp) protocol, h...
McDonald’s reportedly tells U.S. staff to work from home over the next 3 days so it can deliver layoff messages remotely
McDonald’s is closing its U.S. offices and telling U.S. and some international staff to work remotely between Monday and Wednesday as the fast-food giant prepares for layoffs. The company made the req...
Tether Becomes the Biggest Buyer of US Treasuries, Says Report
Gabor Gurbacs tweeted that the foreign central banks are selling U.S. Treasuries. The advisor added that the Tether is the largest buyer of U.S. Treasuries. Gurbacs commented that if Tether was a coun...
Several Honda models, Jeep Wranglers among 393,000 recalled cars this week. Check recalls here.
The latest round of vehicle recalls posted in the last week by the U.S. National Highway Traffic Administration features leaking fuel tanks, torn air bags and defective side-view mirrors. Honda and Ch...
Two Luxembourg-based Satellite Rivals SES and Intelsat Confirm Possibility of Merger to Take on Musk’s SpaceX
If the transaction goes through, SES and Intelsat will form a single company valued at about $10 billion including debt. In a statement to shareholders, SES SA (LuxSE: SESG), a Luxembourgish satellite...
With the metacade presale gearing up to launch, now is the time to check out digitoads
Three months into 2023, there has been a flurry of new launches in the global cryptocurrency market. Take the example of the Metacade project, which also recently announced its presale stage. It’s a p...
Cardano Whales Add 150M ADA, But 3.85B ADA Sell Wall Causing Resistance
ADA whales continue their accumulation spree despite a major resistance at $0.40. Cardano whales holding between 1 million and 10 million ADA coins are not relenting in increasing their position in th...
Polygon (MATIC) Struggles to Sustain Rally Against Bitcoin (BTC)
Polygon (MATIC) Price Uncertainty Could See it Struggle Against Bitcoin (BTC) The Polygon (MATIC) price broke out from a short-term resistance line but has failed to initiate a significant rally. MATI...
EOS Price Prediction: Will EOS Hit The High Of $2 In 2023?
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OKX Launches Dias Metaverse Fan Experience
Cryptocurrency exchange and Web3 technology developer OKX has been making moves in the metaverse space over the past month, with its latest announcement showcasing its commitment to immersive experien...
PancakeSwap launches V3 with new features
PancakeSwap has revealed its upgraded version 3 (V3), offering a suite of new features and what it claims as improved functionality. PancakeSwap, a prominent decentralized exchange (DEX) operating on ...
Surprise Oil Production Cuts Risk ‘Exacerbating’ Inflation Pressures And Harsher Fed Policy, Experts Warn
Topline The world’s largest oil cartel sent shock waves through markets on Monday after a surprise weekend decision to cut production—fueling a morning spike in oil prices and pushing some exper...
Japan’s FSA Warns Binance and Others for Operating Without Registration
Japan’s Financial Services Agency (FSA) has issued a warning letter to several foreign cryptocurrency exchanges, including Binance, Bybit, MEXC Global and Bitget, for conducting business in the ...