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Frax Finance Launches Frax Name Service (FNS) for Its Ecosystem
Frax Finance has recently launched a new service called the Frax Name Service (FNS), designed specifically for its ecosystem. FNS is a decentralized identity service similar to the Ethereum Name…
South Korea Investigates Telegram Over Deepfake Crime Allegations
South Korean police are investigating Telegram for allegedly facilitating deepfake sex crimes. They plan to work with French investigators following the detention of Telegram founder Pavel Durov in France for…
Bitcoin touches one-month low as glum traders hedge for payrolls
(Bloomberg) — Bitcoin flirted with a one-month low amid a wider retreat from riskier investments in global markets due to fears about the economic outlook. Most Read from Bloomberg The…
Scottish Court Sets Precedent With Crypto-to-Cash Confiscation
Prosecutors in Scotland have made legal history by converting cryptocurrency into cash under proceeds of crime legislation. John Ross Rennie, 29, has been ordered to hand over £109,601 after his…
Stocks tumble as market leaders turn losers
SINGAPORE (Reuters) – Chip shares dragged Asian indexes lower on Wednesday and European futures fell after growth concerns drove the steepest selloff in a month on Wall Street and investors…
Asian stocks tumble after Wall Street drops on worries about the economy
HONG KONG (AP) — Asian stocks tumbled Wednesday after Wall Street had its worst day since early August, with the heavyweight Nvidia falling 9.5%, leading to a global decline in…
Cardano Founder Charles Hoskinson on Chang Hard Fork Achievements: ‘This Dwarfs Bitcoin’
Charles Hoskinson, founder of the Cardano cryptocurrency and CEO of IOHK, has shared his perspective on on the state of the Cardano ecosystem following its recent Chang update, which enhanced…
Nasdaq drops 3% as weak manufacturing data renews US growth fears
Michael M. Santiago/Getty US indexes fell steeply Tuesday as weak manufacturing data prompted fresh fears about the economy. The ISM Manufacturing index failed to meet expectations, and investors are now…
Stocks Tumble Most Since August Rout, Oil Slips: Markets Wrap
(Bloomberg) — Stocks in Asia slumped the most since the Aug. 5 rout, tracking a selloff in US peers driven by a plunge in Nvidia Corp. Most Read from Bloomberg…
Stocks that have underperformed are poised to catch up if the latest jobs data is strong, Morgan Stanley says
Mike Wilson, Morgan Stanley’s chief US equity strategist.Bloomberg TV The next jobs report could further broaden the stock rally beyond tech, Morgan Stanley says. The firm expects an additional 185,000…
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay
Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66%…
The stock market chaos sparked by the yen last month could resume as rates rise in Japan, SocGen says
Japan’s central bank looks poised to keep raising rates, according to SocGen’s Albert EdwardsAFP Contributor Turmoil from the yen carry trade unwind could continue anew, according to SocGen. Analysts pointed…
Stocks stumble as growth worries resurface, tech shine dims
By Rae Wee SINGAPORE (Reuters) – Asian shares and global stock futures fell on Wednesday in the wake of a tech selloff, while the dollar and yen rose on safety…
Trader Explains Why Memecoins Are Seeing Massive Trader Interest, Likens Segment to DeFi and NFTs of 2020 Cycle
A closely followed trader is offering his two cents on why he thinks memecoins have exploded in popularity among crypto traders. Pseudonymous analyst Jack Sparrow tells his 251,000 followers on…
Nvidia is flashing a sell signal and its huge rally marks the peak of a 40-year market cycle, veteran strategist says
Getty Images; Chelsea Jia Feng/BI Nvidia’s stock is flashing a sell signal, says strategist Bill Blain. Blain cites Nvidia’s high valuation and its wealthy employees as reasons to bail. He…
Turkey Seeks to Join BRICS to Strengthen Global Influence
Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s…
Nvidia Gets DOJ Subpoena in Escalating Antitrust Probe
(Bloomberg) — The US Justice Department sent subpoenas to Nvidia Corp. (NVDA) and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation…
Why Verizon Stock Topped the Market on Tuesday
On a down Tuesday for U.S. equities, incumbent telecom stock Verizon (NYSE: VZ) managed to land well in positive territory. On speculation that the company is about to raise its…
Dow slides 600 points, Nasdaq sinks 3% as Nvidia leads chip sell-off
Investors began September trading with a thud as stocks tumbled on Tuesday to start a historically tough month for markets, with AI darling Nvidia (NVDA) and chip names leading tech…
Hypernative Secures $16 Million in Series A Funding to Enhance Web3 Security
Hypernative has successfully secured $16 million in a Series A funding round spearheaded by Quantstamp, with other notable investors joining the fray. This new capital will be channeled into enhancing…
A ‘pro-crypto’ congress is coming: Coinbase CLO
In an interview, Paul Grewal, Coinbase’s Chief Legal Officer, said that a shift is coming in the U.S. crypto legislative landscape. He forecasted the emergence of a “pro-crypto” Congress following…
Analysts Predict Bitcoin Price Could Crash To $40,000, But There’s Good News
Este artículo también está disponible en español. Despite initial expectations of a steady price increase and a robust bull run this year, Bitcoin (BTC) has suffered severe declines, pushing its…
Why Intel Stock Is Getting Crushed Today
Intel (NASDAQ: INTC) stock is plummeting in Tuesday’s trading. The company’s share price was down 8.3% as of 2:45 p.m., according to data from S&P Global Market Intelligence. Intel stock…
Hyperspace shuts down NFT marketplace on Solana
Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana. The project announced this on Sept. 3, noting that the decision to shut down its…