2 hours ago | 2 mins read Editors News DFR is set to investigate the crypto lending platform, Celsius. As per DFR, Celsius is an ‘unregistered security’, it operated outside the law. The U.S based Ve...
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US Inflation Quickens to 9.1%, Amping Up Fed Pressure to Go Big
(Bloomberg) — US inflation roared again to a fresh four-decade high last month, likely strengthening the Federal Reserve’s resolve to aggressively raise interest rates that risks upending the ec...
Bitcoin dips under $20K as US inflation rises over 9%
Bitcoin’s (BTC) price has crashed under $20,000 following news that inflation in the United States has hit its highest point in 40 years. According to the latest statistics released by the US Bureau o...
Terra Hoping to Revive Through Polygon Ecosystem
The collapse of Terra USD has put the community through a financial crisis. Terra Network is fighting for a revival option. Terra has announced its migration to the Polygon ecosystem. Terra Coll...
Binance Burns $444M in BNB Tokens
Key Takeaways BNB Chain burned nearly 2 million BNB tokens in its 20th BNB auto-burn event. Over $444 million worth of tokens were destroyed, bringing the total circulation supply to 161,337,261.09 BN...
Inflation at highest since 1981. How does your personal rate compare?
Grocery shopping in Rosemead, California on April 21, 2022. Frederic J. Brown | Afp | Getty Images Inflation jumped to a new 40-year high in June, the U.S. Bureau of Labor Statistics reported Wednesda...
Bitcoin (BTC) Investors Not Out of the Woods Yet Despite Capitulation: Analytics Firm Glassnode
A top crypto analytics firm says Bitcoin (BTC) investors are not out of the woods as long-term holders capitulate. As Glassnode explains, the Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) meas...
Inflation Rises Again To 40-Year High—But Gas Prices May Help Drive That Down Soon
Topline Inflation is at its highest level since November 1981, according to data released by the Labor Department Wednesday, with consumer prices rising 9.1% from June 2021 to June 2022 and 1.1% from ...
LINE NEXT: $ 10 million deal with 10 big players
LINE NEXT has raised $10 million through a deal with 10 Web3 big names such as SoftBank Corp., NAVER, LINE Games, CJ ENM, SHINSEGAE, to expand into the NFT world. LINE NEXT together with 10 big name...
The “Pasta Bowl Recession” – What It Means For Investors
AFP via Getty Images Key takeaways Sean Snaith predicts that the U.S. is on its way to a “Pasta Bowl Recession” This recession, he says, could come in gradually and ease up just as gradually, just lik...
Inverse Finance Shows Strength as Bears Dominate Market
Amidst all the recent incidents that have created a negative reputation for the cryptocurrency industry, a major chunk of the top projects have been building their infrastructure steadily over the pas...
Unity to Buy IronSource for $4.4 Billion. IronSource Stock Surges, Unity Slumps.
Text size Wall Street seems to think the merger is a good deal for IronSource stock, which surged. Angela WeissAFP/Getty Images Unity Software will take over IronSource in an all-stock $4.4 billion me...
South African Reserve Bank Set to Regulate Cryptocurrencies as Financial Assets
The South African Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country will roll out cryptocurrency regulations over the next 12 – 18 months that will not identify them as a...
Nested Intends to Democratize Crypto Investment » NullTX
The wilderness of DeFi and its consequent lack of accessibility has warded-off too many potential CeFi users – and makes the possibility of mass adoption all but a sweet dream. A hard-to-digest user e...
Celsius Engaged in an Unregistered Securities Offering, Alleged Vermont’s Financial Regulator
Another US state just launched an investigation into the firm. The US state of Vermont’s Department of Financial Regulation (DFR) has leveled serious allegations against the troubled crypto lender. Ve...
PoS Consensus And Its Criticism. (And Their Replies)
Ethereum is very close to launching its PoS consensus. Jimmy Song wrote a tweet regarding ‘The Byzantine Generals Problem.’ Charles Hoskinson says that Song’s level of stupid i...
MATIC holders aspiring to go long should consider these factors first
The current performance of cryptocurrencies is making many investors anxious. Some are thinking that the cryptocurrency market might be taking a turn for the worse. More than $91 billion has been wipe...
Will Hasbro’s 3D Printed Action Figures Kick-Off Mass Customization?
Circa 2014, the world was being told by people like this author that 3D printing was ushering in an era of mass customization for consumers. That is, anyone would soon be able to purchase products tai...
Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?
Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for cr...
Alibaba And Tencent Fined In China Tech Crackdown
Getty Images Key takeaways Stocks in China plunged Monday as the country’s anti-monopoly authority announced multiple fines for failure to report past merger activities Alibaba and Tencent (a Chinese ...
Huobi Receives MSB License In Canada Amid North America Push
Crypto exchange Huobi Global on Wednesday said it has received a money services businesses (MSB) license from Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC). The license allows ...
Delta Air Lines Q2 results: ‘it’s a really strong quarter’
Delta Air Lines Inc (NYSE: DAL) on Wednesday reported quarterly revenue that topped 2019 levels. Shares are still down 6.0% on weaker-than-expected Q2 profit. Delta Air Lines Q2 results Net income pri...
QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low – Market Updates Bitcoin News
QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also decl...
Humanigen’s stock tumbles 67% after sharing new clinical data for its COVID-19 treatment
Shares of Humanigen Inc. HGEN, -80.10% plunged 67.9% in premarket trading on Wednesday, the day after the company said a National Institutes of Health clinical trial testing lenzilumab and Gilead Scie...
What are the next major uses of Bitcoin and Ethereum?
Bitcoin and Ethereum are two of the most popular cryptocurrencies in the world. While they have been primarily used for payments and investment purposes, there are many other potential uses for these ...
Shanghai included blockchain, NFTs and Web3 in its 5-year plan
China’s biggest city Shanghai officially intends to boost the development of innovations such as blockchain, nonfungible tokens (NFTs), the Metaverse and Web3 during its next five-year plan. On...
Despite Their Thirst For Oil, China And India Will Never Depend On Russia
China’s President Xi Jinping (L) and his Russian counterpart Vladimir Putin (R) attend the opening … [+] ceremony of “The Year of Chinese Tourism in Russia” in Moscow, on March...
DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius
British computer scientist and CEO of legal services chatbot DoNotPay, Joshua Browder, suggests investors sue the lender as it faces insolvency. He told CoinDesk TV’s “First Mover” a loophole in Celsi...
Solar Stocks Shine As New Video Game Approval Lifts Hong Kong Internet Stocks
China Last Night KraneShares Key News Asian equities were mixed as Taiwan had a strong day, the Philippines underperformed, and Thailand had a market holiday for Asarnha Bucha Day, which according to ...
Not DOGE or SHIB, But ShibDoge Is Most Held Coin Among ETH Whales
Gamza Khanzadaev Ethereum whales hold $700 million in ShibDoge, Shiba Inu has $80 million less Shiba Inu (SHIB) and Dogecoin (DOGE) have been on the crypto world’s agenda for a long time. Coins ...
Bitcoin is facing an ‘enormous amount of systemic risk’, says billionaire venture capitalist
Chamath Palihapitiya, the founder and CEO of venture capital firm Social Capital, has warned that Bitcoin is facing an enormous systemic risk that might turn consequential in future. Palihapitiya sta...