Monthly Archives: September, 2022

Texas protests Celsius’s plan to use stablecoin sales to finance operations

According to a recent court document, Texas state authorities are objecting to a plan by insolvent cryptocurrency lender Celsius Network to sell off its...
Cryptocurrency

When market valuations continue to decline, an executive believes Temasek will increase its investments

Singapore's Temasek Holdings claimed that market valuations had not yet taken a global economic downturn into account and that the state investor was holding...
Finance

Asian stocks are expected to have their worst month since the COVID-19 outbreak began

On Friday, September 30, Asian shares were on track to have their worst month since the COVID-19 epidemic began, and there were further anxieties...
Finance

Sterling falls as the BoE’s boost fades, and the euro falls as inflation data is released

Sterling and the euro fell on Thursday, while the US dollar recovered from a recent low as the Bank of England's intervention in bond...
Finance

‘Do not bet,’ says China’s central bank, regarding yuan speculation

Following the yuan's rapid decline against the US dollar this week, the People's Bank of China has warned against betting on it. "Do not bet...
Finance

Ken Griffin believes the Fed has not done enough and that it must continue on its path to reset inflation expectations

Citadel's founder and CEO, Ken Griffin, believes the Federal Reserve still has work to do to reduce inflation despite a series of large rate...
Finance

Celsius CEO and FTX US President has stepped down

Alex Mashinsky, CEO and founder of the bankrupt cryptocurrency lending firm Celsius, and Brett Harrison, president of FTX US, both resigned on Tuesday. Mashinsky's resignation...
Cryptocurrency

Nexo purchases a stake in a US chartered bank

Nexo, a digital asset lending platform, has purchased a stake in a holding company that owns a federally chartered bank in the United States,...
Cryptocurrency

Robinhood Makes Web3 Wallet Beta Available to 10,000 Users

Robinhood (HOOD), a no-fee trading platform, has released the beta version of its Web3 wallet, allowing users to swap assets on its non-custodial wallet. The...
Cryptocurrency

Christie’s Expands Its On-Chain Offerings With a New Ethereum NFT Marketplace

Christie's has already made a significant impact in the NFT market, most recently auctioning Beeple's "Everydays: The First 5,000 Days" artwork for $69.3 million...
Cryptocurrency

Dollar reaches a two-decade high while sterling once more struggles

On Wednesday (Sep 28), the dollar reached a new two-decade high versus a basket of currencies thanks to rising Treasury yields, while sterling remained...
Finance

After security flaws were disclosed, WhatsApp users were urged to update

After two "remote code execution" vulnerabilities were revealed, WhatsApp users were advised to update to the most recent version of the popular messaging program,...
Finance

Japan’s Crypto Rule Now Addresses Money Laundering Concerns

The Japanese government should enact laws that target criminals who use cryptocurrency from cryptocurrency exchanges to launder money. These remittance rules are expected to...
Cryptocurrency

The Roblox metaverse directs children to the locations of “all the best toys.”

With the launch of two new Roblox experiences, retail giant Walmart has joined the list of companies looking for new ways to market their...
Cryptocurrency

Hackers Profit from Ethereum’s ‘Vanity Adress’ Exploit for Nearly $1 Million in Crypto

Approximately $950,000 in cryptocurrency has been stolen from an Ethereum "vanity address" generated with the Profanity tool. The exploit took advantage of a vulnerability...
Cryptocurrency

Gemini collaborates with Betterment to provide curated cryptocurrency portfolios

Gemini, one of the industry's leading crypto exchange and custody providers, has partnered with digital investment advisor Betterment in a deal that will provide...
Cryptocurrency
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