The presence of a constrained labor market and a decrease in job opportunities suggests the persistence of inflationary pressures. Corporations exhibit a prudent stance in anticipation of the Federal Reserve’s September gathering. The month of August 2023 is characterized by being the most unfavorable period for Wall Street. On August 30, the global equity market … Read more
TinyTap, a subsidiary of Animoca Brands that specializes in educational technology, is now in the process of furthering its artificial intelligence (AI) strategy. It plans to introduce new tools by the year 2024. The upcoming AI technologies, known as “Practice Anywhere,” have the potential to significantly transform the way in which children reinforce their learning … Read more
According to a report by Coindesk, the relationship between Robinhood and Jump Trading has ended. The dissolution of the partnership was ascertained based on on-chain data, which indicates that the separation took place in July. Jump Trading, established in 1999, has gained significant recognition within the finance sector due to its expertise in high-frequency and … Read more
Binance Japan is in the process of expanding its domestic services, as outlined during an online business meeting that elucidated the company’s strategic plans. Mr. Tsuyoshi Chino, the executive in charge of Binance Japan, engaged in a discourse regarding the significance of stablecoins and articulated intentions to augment the array of tokens featured on their … Read more
Binance, the prominent cryptocurrency exchange, has abruptly terminated its provision of services to Banco de Venezuela, a major financial institution in Venezuela, which currently possesses 60% of the country’s total banking assets. The observed alteration was brought to the attention of various users, one of which being Ana Gabriela Ojeda, a Venezuelan legal professional known … Read more
The financial results for the first half of 2023 have been disclosed by Argo Blockchain, a crypto-mining company headquartered in London. These statistics demonstrate notable advancements. The company’s financial statement indicated a pretax loss of $18.6 million, which demonstrated a significant enhancement compared to the $47.9 million loss incurred in the preceding year’s corresponding period. … Read more
FTX customers, who have been grappling with issues since the exchange’s collapse last November, are now facing a new ordeal – a phishing email attack. The attack targeted email addresses registered with FTX, resulting in the leakage of some customers’ personal data, including phone numbers, home addresses, and account balances. Fortunately, sensitive information like crypto … Read more
The creditors of the now-bankrupt Genesis platform are poised to achieve a significant victory, as they are anticipated to recoup an impressive 90% of the previously inaccessible monies. An in-principle agreement has been struck between Digital Currency Group (DCG) and Genesis creditors to address the intricate network of claims arising from the bankruptcy of Genesis. … Read more
The Securities and Exchange Commission (SEC) has filed charges against Impact Theory, a media firm headquartered in Los Angeles, for the sale of unregistered securities in the form of non-fungible tokens (NFTs) referred to as “Founder’s Keys” during the latter part of 2021. According to the Securities and Exchange Commission (SEC), Impact Theory purportedly generated … Read more
Binance, a prominent cryptocurrency exchange, has made the strategic decision to withdraw from the Russian market. This judgment arises in the context of growing regulatory scrutiny around cryptocurrencies in Russia. Binance has announced its intention to discontinue its services to users in Russia within a specified timeframe. It is recommended that Russian customers proceed with … Read more