Binance Opens a Regional Hub in Georgia | Binance Blog
With its new regional hub in Georgia, Binance moves to establish a strong presence in the region and advance Web3 education and adoption.
Here’s What You Missed at Binance Talks: AI & Web3 | Binance Blog
Didn’t catch the last episode of Binance Talks? Find out exactly what you missed when it comes to Web3 and AI in the crypto space.
CZ’s Response to the CFTC Complaint | Binance Blog
Binance’s CEO responds to the complaint filed by the CFTC
Binance Shares Its Recent Response to US Senators Inquiry | Binance Blog
The following is a copy of a letter sent to US Senators Warren, Van Hollen and Marshall. It has been reprinted here in its entirety in an effort to be more transparent in our dealings with regulators as well as to give an insight into some of the chall…
Know Your Scam: Protect Yourself From Binance Imposter Scams | Binance Blog
Safeguard your account from Binance impersonators. Learn how scammers build trust, along with tips to identify and report fake Binance profiles in this week’s edition of Know Your Scam.
IOTA Releases Shimmer Public Test Chain Ahead of Native Ethereum Virtual Machine Launch
The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM.
: Paychex stock powers up after profit and revenue rise above expectations, amid ‘remarkable resiliency’ of small businesses
Shares of Paychex Inc. PAYX powered up 4.2% in premarket trading Wednesday, after the human resources outsourcing services company reported fiscal third-quarter earnings that beat expectations and lifted its profit growth outlook, citing “remarkable re…
Lido to sunset staking on Polkadot, Kusama by August
Liquid staking protocol Lido (LDO) said it would stop providing staking services for Polkadot (DOT) and Kusama (KSM) on August 1.
The post Lido to sunset staking on Polkadot, Kusama by August appeared first on CryptoSlate.
Bitcoin reclaims $28,000 despite regulatory woes from Binance lawsuit
Bitcoin rose above $28,000 on March 29, recovering from regulatory pressures caused by the Commodities Futures Trading Commission (CFTC) filing against Binance.
The post Bitcoin reclaims $28,000 despite regulatory woes from Binance lawsuit appeared first on CryptoSlate.
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, Following US Consumer Confidence Report
Bitcoin surged higher on Wednesday, as markets reacted strongly to better-than-expected consumer confidence figures in the United States. Data from the Conference Board showed that its monthly survey rose to a reading 104.2, better than the 101 sum expected. Ethereum also climbed, moving above $1,800. Bitcoin Bitcoin (BTC) once again moved above the $28,000 level […]
First Mover Americas: Bitcoin, Up 70% This Year, Rebounds Past $28K
The latest price moves in bitcoin (BTC) and crypto markets in context for March 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
UK NFT Dropped Over Lack of Demand, Finance Minister Hunt Says
The Royal Mint in 2022 had been tasked by the government with creating a project in what was then the red-hot space.
: Carl Icahn tells WSJ he wants old CEO back at Illumina
Illumina Inc. ILMN activist shareholder and billionaire Carl Icahn told The Wall Street Journal he’d like to see the return of ex-CEO Jay Flatley to replace the gene sequencing device maker’s current CEO Francis De deSouza. Icahn spoke to the newspaper…
Europe is getting its first ETP based on a Morgan Stanley index
ETC Group, a digital asset-backed securities provider, announced today that it would list Europe’s first index-based crypto ETP based on an index from Morgan Stanley. The ETP will be based on the MSCI Digital Asset Select 20 ETP and is set to launch on Germany’s Deutsche Börse XETRA in April.
The post Europe is getting its first ETP based on a Morgan Stanley index appeared first on CryptoSlate.
Do Kwon Extradition Sought by U.S., South Korea, Says Montenegro Justice Minister
Marko Kovac said the Terraform Lab founder’s extradition proceedings would follow a criminal case for ID document forgery
CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again
The cryptocurrency market cap saw net inflows of $70 billion over the last 24 hours and currently stands at $1.19 trillion — up 5.44% from $1.12 trillion.
The post CryptoSlate wMarket update: XRP leads top 10 as BTC breaks $28,000 once again appeared first on CryptoSlate.
: Stratasys stock jumps after Nano Dimension boosts buyout bid by 9%
Shares of Minnesota-based Stratasys Ltd. SSYS shot up 7.7% in premarket trading Wednesday, after Israel-based Nano Dimension Ltd. NNDM said it increased its bid to buy the fellow 3D printer maker to $19.55 a share. Nano Dimension’s stock rose 2.3% in t…
: Credit Suisse abetted possible criminal tax evasion, Senate committee alleges
A new Senate Finance Committee report from the Democratic staff alleges that Credit Suisse CS violated key terms of a plea agreement with the Justice Department. The report alleges Credit Suisse transferred nearly $100 million of funds from a family of…
: First Republic wealth adviser team moves over to Rockefeller Capital Management
First Republic Bank stock FRC is down 1% as the most active stock in premarket trading on Wednesday with volume of more than 1.2 million shares. Separately, a six-person wealth adviser team from First Republic Bank has joined Rockefeller Capital Manage…
Gate.io suspends withdrawals of SafeMoon following public burn bug exploit
The fallout from the collapse of SafeMoon’s liquidity pool on March 28 continues as Gate.io suspends deposits and withdrawals of the token.
The post Gate.io suspends withdrawals of SafeMoon following public burn bug exploit appeared first on CryptoSlate.
Report: Do Kwon Successfully Formed a Company in Serbia Weeks After Interpol Issued Red Notice
According to a report, the recently arrested Terraform Labs co-founder Do Kwon was able to register a company in Serbia just a few weeks after Interpol issued a Red Notice for him. Lawyers that helped Kwon form a company in Serbia reportedly said they were not aware of Interpol’s Red Notice against their client. Do […]
Keep Goerli Ether Alive as Ethereum Canary Network, DAO Argues
Much of the testing of Ethereum’s major upgrades, such as the Merge, have been conducted on Goerli.
: Macy’s CEO Gennette to retire after nearly 7 years in the role, and stock falls
Shares of Macy’s Inc. M fell 2.1% toward a six-month low in premarket trading Wednesday, after the department store chain said Chief Executive Jeff Gennette plans to retire at the end of the fiscal year, after nearly seven years in the role and 40 year…
BNB smart chain (BSC) receives user proposal for lower transaction fees
A BNB Smart Chain (BSC) user has proposed lowering the network’s transaction fees to increase its competitiveness against rival blockchain networks.
The post BNB smart chain (BSC) receives user proposal for lower transaction fees appeared first on CryptoSlate.
CipherTrace report reveals almost 50% of crypto total market cap was lost in 2022
The total market cap (TMC) of crypto assets lost nearly half of its value between January 2022 and September 2022, according to a recent report by crypto intelligence company CipherTrace.
The post CipherTrace report reveals almost 50% of crypto total market cap was lost in 2022 appeared first on CryptoSlate.
Bitcoin․com Partners with HAPI to Launch High-Yield Farm on Verse DEX and Enhance Wallet and DEX Security
Bitcoin.com, a global leader in accessible cryptocurrency products and education, has taken another step forward in enhancing user experience by integrating HAPI‘s service into the self-custodial Bitcoin.com Wallet and onboarding the HAPI token on its Verse DEX with a USDC/HAPI trading pair. Bitcoin.com and HAPI are now offering highly attractive yield on the USDC/HAPI Farm. […]
Arbitrum Shows Just How Messy (and Tricky) Crypto Airdrops Can Be
Bugs, server crashes and scammers continue to plague crypto airdrops. Will regulatory pressures be next?
Algorand Aims to Help Developers Transition to Web3 With AlgoKit
The tool suite was designed to be an easy onramp for web2 developers transitioning to web3 and developers from other chains who want to test out Algorand.
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.
: Biomea Fusion stock pulls back after $125 million stock offering follows record rally
Shares of Biomea Fusion Inc. BMEA slumped 2.0% in premarket trading Wednesday, after the biopharmaceutical company said it launched a $125 million public offering of common stock. The offering comes after the stock rocketed a record 99.0% on Tuesday to…
: U.K. regulator to refer Broadcom deal for VMWare for further review
The U.K. Competition and Markets Authority followed through on a threat made last week to refer the agreed acquisition by Broadcom AVGOof VMware VMW for further review. The regulator said Broadcom said it would not be offering any undertakings to quell…
British Virgin Islands Court Orders 3AC Founders to Attend Examination on May 22
The 3AC founders will be found in contempt of court if they fail to reply to the order.
Consider DLT Use When Judging Money Laundering Risks, EBA Advises Supervisors
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff.
Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act
Coin Center posted a scathing assessment of the RESTRICT Act – saying the bill proposal could be used to ban crypto.
The post Potential crypto ban: Coin Center raises the alarm on the RESTRICT Act appeared first on CryptoSlate.
Bitcoin Heads for Best Quarter in Two Years, Outperforms Ether, Gold, Nasdaq
One observer said poor order book depth is primarily responsible for bitcoin’s rally, while others pointed to the cryptocurrency’s sound money appeal and Fed pivot speculation as bigger catalysts.
: One credit-default swap trade may have sparked Deutsche Bank turmoil: report
A single credit-default swap trade, worth just €5 million, may have sparked Deutsche Bank’s share-price slump on Friday and is being probed. Bloomberg News reported, citing people familiar with the matter. The report said there’s no indication of any n…
What the Bank of England’s Stablecoins Regime Could Look Like
The Bank of England’s upcoming crypto regime would try to ensure that funds are returned to customers when certain crypto firms enter a crisis.
: Infineon Technologies shares jump on improved guidance
Shares of German microchip maker Infineon Technologies XE:IFX rose as much as 8% as it upgraded its 2023 view, citing “resilient business dynamics in its core automotive and industrial segments.” Infineon said it now expects second quarter revenue abov…
Bitcoin bulls rejoice: YTD high in sight – further $200M BTC withdrawn from exchanges
Quick Take Yesterday, $200 million worth of Bitcoin was withdrawn from exchanges.
The post Bitcoin bulls rejoice: YTD high in sight – further $200M BTC withdrawn from exchanges appeared first on CryptoSlate.
Report: UAE Central Bank Implements Digital Currency Strategy
The central bank in the United Arab Emirates said it has started implementing its digital currency strategy with partners G42 Cloud and R3. According to the central bank, the digital currency initiative is expected to “further position and solidify the UAE as a leading global financial hub.” CBDC Strategy to Focus on Three Pillars The […]
Bitcoin Regains $28K; XRP Surges for a Second Day
XRP led gains in major tokens on positive sentiment, but might face a sell-off in coming days.
Binance’s On-Chain Balance Stands at $64B, Nansen Data Shows
Tether (USDT), bitcoin (BTC), ether (ETH), binance usd (BUSD) and bnb coin (BNB) make up around 81% of Binance’s total balance.
FTX’s $45M Sequoia Sale Cleared, as Embed Divestment Delayed
A Delaware bankruptcy judge approved the sale of the bankrupt company’s assets to Abu Dhabi’s investment arm.
Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,’ CEO Says
A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.
Noble Partners With Circle Financial to Integrate USDC on Cosmos Blockchain
According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to […]
The Algorand Foundation Branches Out to India
Blockchain protocol Algorand (ALGO) has entered the world’s most populous country, India, with a project that aims to support the nation’s transformation from the back office of the Web2 world to the innovation hub of the Web3 world.
The Liability of DAOs and Their Founders Has Been Put to the Test in Court
Decentralized Autonomous Organizations (DAOs) are beginning to look like general partnerships in the eyes of U.S. courts.
Binance CEO CZ Responds to US Regulator’s Charges
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations The CEO of cryptocurrency exchange Binance, Changpeng Zhao (CZ), published a blog […]
First Mover Asia: Will CFTC’s Action Against Binance Benefit Crypto’s Asia Narrative?
Bitcoin is flat, but ether is up, on potentially favorable comments by the CFTC before Congress.
Fed Bank President: Banking Crisis Tips US Economy Toward Recession
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory issues facing our banking system,” the Fed official stressed. Neel Kashkari on U.S. Economy, Banking Crisis, Recession Federal Reserve Bank of Minneapolis President Neel Kashkari […]
Former Treasury Official Warns of Complete Economic Implosion if US Dollar Loses Global Reserve Currency Status
Former Assistant Secretary for Public Affairs for the U.S. Department of the Treasury Monica Crowley has warned of “catastrophic” consequences if the U.S. dollar loses its status as the world’s reserve currency. “That would mean the end of the U.S. dollar,” she said, predicting that “there would be a complete implosion of the global economic […]
SafeMoon’s liquidity pool compromised; public burn bug to blame
The liquidity pool (LP) for the DeFi project SafeMoon has been compromised, according to a statement from the project on Twitter on March 28.
The post SafeMoon’s liquidity pool compromised; public burn bug to blame appeared first on CryptoSlate.
FDIC Gives Deadline Next Week for Crypto Depositors Stranded by Signature Failure
The Federal Deposit Insurance Corp. (FDIC) is trying to hurry the stranded crypto customers out the door of the temporary entity that holds the assets of the former Signature Bank, asking them to cash out by next week – whether they have a new bank or …
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with […]
Canada to Ask Pension Funds to Disclose Crypto Exposure
The budget for 2023 also includes that OSFI will consult federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.
NFT Collection Y00ts Makes Anticipated Move From Solana to Polygon
The popular project, which launched in September 2022, is using a cross-chain bridge to bring its 15,000-edition generative art collection to Polygon.
Bitcoin Layer 2 Stacks’ Token a Top Performer in March
STX has gained 23% in March and is up 350% over the past year.
Crypto’s Unfulfilled Dreams Get a Tailwind From U.S. Crackdown on Binance, Coinbase
The crypto revolution was supposed to make finance more decentralized, but much of the industry is centralized. Regulatory pressure could change that.
Do Kwon’s Extradition Likely to Take Time, Montenegrin Prosecutor Says
A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the […]
Ethereum Staking Provider Lido to Incorporate NFTs Into Unstaking Process
Users will receive a transferable non-fungible token representing their request withdrawal for their staked ether.
: U.S. stocks close lower Tuesday as Treasury yields climb
U.S. stocks ended modestly lower on Tuesday, as Treasury yields rose, keeping pressure on the rate-sensitive Nasdaq Composite Index. The Dow Jones Industrial Average DJIA shed about 37 points, or 0.1%, ending near 32,394, while the S&P 500 index SPX fe…
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Bitcoin Seesaws Around $27K as Investors Digest Binance-CFTC Lawsuit
The largest cryptocurrency by market capitalization has changed hands within a narrow range over the past 24 hours following the CFTC’s filing against Binance and its CEO, Changpeng Zhao.
Chicago-Based Radix Trading Is One of Three Quant Firms in Binance Suit: WSJ
The CFTC’s lawsuit against Binance and CEO Changpeng Zhao noted at least three U.S.-based quantitative firms that were active on the exchange.
U.S. CFTC Chief Behnam Reinforces View of Ether as Commodity
With the ink still drying on its Binance action, U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam reiterated Tuesday that he believes ether is a commodity – a potentially controversial assertion that seems to counter what his cou…
: Electric-vehicle maker Lucid reportedly plans more than 1,000 layoffs
Lucid Group Inc. LCID plans to lay off roughly 18% of staff, which would mean more than 1,000 job cuts, according to a Tuesday report. Insider reported that the electric-vehicle maker revealed the plans in an all-hands meeting and internal memo Tuesday…
: Biden describes Nashville shooting as ‘absolutely heartbreaking’
President Joe Biden on Tuesday made additional comments about Monday’s school shooting in Nashville, saying it’s “absolutely heartbreaking.” Biden also said: “It’s senseless. You know, those children should all be with us still.” In addition, the presi…
: Affirm stock drops after Apple starts its BNPL rollout
Shares of Affirm Holdings Inc. AFRM were dropping 8% in Tuesday trading after Apple Inc. AAPL said it had finally “introduced” its buy-now-pay-later service, called Apple Pay Later. “Starting today, Apple will begin inviting select users to access a pr…
Former CFTC Chairman: Regulator’s Lawsuit Against Binance ‘Is a Big Deal’
“This is a big deal,” Timothy Massad told CoinDesk TV’s “First Mover” regarding the agency’s action against the largest crypto exchange in the world.
: Oil futures marks highest finish in over 2 weeks; natural-gas prices end to lowest in over 2 years
Oil futures finished at their highest in more than two weeks on Tuesday, with prices finding support from a pullback in banking concerns, strength in Chinese energy demand and news of a short-term oil-supply disruption. Natural-gas futures, meanwhile, …
: AMC jumps after report of possible Amazon interest
AMC Entertainment Holdings Inc.’s AMC stock jumped 15.6% Tuesday after the Intersect reported that Amazon.com Inc. AMZN is weighing an acquisition of the movie theater chain and meme stock darling. Citing multiple sources close to the discussions, the …
: Microsoft vows to change cloud computing practices to stave off EU investigation: report
In a move to assuage European regulatory officials, Microsoft Corp. MSFT says it will change its cloud computing practices to settle antitrust complaints filed by its smaller rivals, according to a Reuters report. The software giant has presented a pro…
Why Bitcoin Is Your Best Bet Against Inflation
>>> Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
: Gold futures finish higher after back-to-back session losses
Gold futures settled with a gain on Tuesday to recoup some of their losses from back-to-tack session declines. As the tensions in the banking sector “have come off, so has the gold price,” said said Rhona O’Connell, head of market analysis, EMEA & Asia…
: European Commission approves Google’s acquisition of mathematics app
European regulators on Tuesday gave the nod to Alphabet Inc.’s GOOGLGOOG Google in its pursuit of Photomath, a Croatian mathematics app. In a statement, the EU Commission said the acquisition would not reduce competition in the markets for “online home…
How Bad Is the Binance Suit?
>>> Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
UK Crypto Promotions Laws Hoped to Be in Place by Late 2023
The Financial Services and Markets Act amendment, which would enable the new rules, will soon be discussed in Parliament.
Fear and Greed Index Pulls Back After Hitting ‘Greediest’ Level Since Late 2021
The index, which measures the current sentiment in the crypto market, reached its highest point since 2021 last week hitting a rating of 68.
Staking Protocol EigenLayer Raises $50M Amid Crypto Winter
Blockchain Capital led the round for the solution that allows Ethereum stakers to reuse those tokens.
Kraken Lands Sponsorship Deal With Williams Racing Despite U.S. Regulatory Crackdown
Formula 1 team Williams Racing signed U.S. crypto exchange Kraken as a sponsor after losing one of its most prominent drivers, Nicholas Latifi, who reportedly earned the team a large amount of sponsorship fees.
Paradigm Leads $7M Round for Optimism-Based Startup Conduit
The newly announced startup will help developers launch Optimism-based applications.
North Korea Hackers Likely Exploit Cloud Mining to Launder Stolen Crypto, Research Shows
The APT43 group steals crypto to fund operations and launders it through cloud mining services.
Crypto Banking Rules Could Be Modified if Market Reacts, Basel Committee Chair Says
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
Binance Case Is Clear Evasion of Law, Says CFTC Chair Behnam
The CFTC on Monday filed suit against the crypto exchange and its CEO Changpeng Zhao.
Crypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens
Only the pool for borrowing and lending SOL tokens would be impacted by the proposed changes.
ConsenSys Launches zkEVM Public Testnet, Renames It ‘Linea’
The release comes in the days after competitors, Polygon and Matter Labs, came out with their own zkEVMs.
Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery Charge
A superseeding indictment was unveiled on Wednesday.
: U.S. stocks open mostly lower as investors digest fresh economic data on home prices, trade deficit
U.S. stocks opened mostly lower Tuesday, as investors digested fresh economic data on the trade deficit and home prices. The Dow Jones Industrial Average DJIA was up less than 0.1% soon after the opening bell, while the S&P 500 SPX fell 0.2% and the Na…
AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi
AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem.
Zero Hash Taps Former Stripe, Coinbase Exec as President and COO
Cyril Mathew previously led business development teams at Stripe and Coinbase.
: Ammo’s stock gains after repurchase program extended, and shares of Sturm Ruger, Smith & Wesson also rise
Shares of Ammo Inc. POWW gained 0.7% in premarket trading Tuesday, after the online marketplace for the firearms and shooting sports industries said it would extend its share repurchase program until February 2024. The program is for up to $30 million …
: Allarity’s stock falls after saying enrollment in two clinical trials is slow
Shares of Allarity Therapeutics Inc. ALLR plunged 17% in premarket trading on Tuesday after the company told investors that it’s struggled to enroll enough patients in Phase 2 studies for Ixempra and senoparib, citing the impact of the pandemic on staf…
Binance’s BUSD Stablecoin Suffers $500M Outflows After CFTC Lawsuit
Some analysts say Binance’s recent decision to include other stablecoins in its zero-fee trading program could have contributed to lesser dependence on BUSD.
First Mover Americas: Bitcoin Drops on CFTC’s Suit vs. Binance
The latest price moves in bitcoin (BTC) and crypto markets in context for March 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
: Viking’s stock rallies as it announces trial for oral version of obesity drug
Shares of Viking Therapeutics Inc. VKTX soared about 45% in premarket trading on Tuesday after the company said it started a Phase 1 clinical trial evaluating an oral version of its dual glucagon-like peptide 1 (GLP-1) and glucose-dependent insulinotro…
: Intra-Cellular’s stock jumps on new data for depression drug
Shares of Intra-Cellular Therapies Inc. ITCI jumped about 15% in premarket trading on Tuesday after the company said its experimental treatment for major depressive disorder met the primary endpoint in a Phase 3 clinical trial. The drug, lumateperone, …
EU Lawmakers Vote in Favor of Payment Limits on Anonymous Crypto Wallets
Crypto rules form part of a money-laundering overhaul supported by the European Parliament Committees
: Occidental Petroleum stock surges after upgrade at TD Cowen, which includes large investment by Warren Buffett’s Berkshire Hathaway as a reason to be bullish
Shares of Occidental Petroleum Corp. OXY climbed 2.3% in premarket trading Tuesday, after the oil and gas exploration and production company was upgraded at TD Cowen, citing a “superior” risk-reward balance. Analyst David Deckelbaum lifted his rating t…
: Spartan Delta sells properties to Crescent Capital and will distribute proceeds to shareholders
Oil and gas developer and producer Spartan Delta Corp.CA:SDEDALXF said Tuesday it agreed to sell its Gold Creek and Karr Montney assets in Canada to Crescent Point Energy Corp. for C$1.7 bln ($1.42 bln). The company will pay a sale dividend of C$9.50 p…
: Walgreens stock rallies after profit and sales beat expectations, helped by an acceleration of business in February
Shares of Walgreens Boots Alliance Inc. WMB rallied 2.6% in premarket trading Tuesday, after the health care services and drug store chain reported fiscal second-quarter profit that beat expectations, but fell from a year ago due in part to lower COVID…
: German competition regulator launches antitrust investigation into Microsoft
Germany’s competition regulator, the Bundeskartellamt, said it’s launching an investigation into Microsoft MSFT on whether it is of paramount significance for competition across markets. “Such a finding would allow us to take action at an early stage a…
: D.A. Davidson hikes price target for First Citizens BancShares but remains neutral on the stock after rally
D.A. Davidson on Tuesday hiked its price target by $200 to $1,025 a share for First Citizens Bancshares Inc. FCNCA but reiterated its neutral rating after a big rise in the stock in the previous session on the bank’s plan to buy the bulk of the Silicon…
CFTC-Binance Lawsuit Could Worsen Crypto Market Liquidity, Pull Bitcoin Down to $25K: Observers
Low liquidity means wave of buy or sell orders can have an outsized impact on bitcoin’s market price.
: McCormick stock rises after profit beats expectations and sales rise to a record, with price increases helping offset volume declines
Shares of McCormick & Co. Inc. MKC rose 1.3% in premarket trading Tuesday, after the flavor and spices company reported fiscal first-quarter profit that declined but beat expectations, as sales rose to a record amid strength in the flavor business and …
Newly Formed ZeroSync Association Brings Zero-Knowledge Proofs to Bitcoin
The association has received sponsorship from crypto investment firm Geometry Research and StarkWare Industries – the software company behind StarkNet, a layer 2 Ethereum zero-knowledge rollup scaling solution.
Use GGives in PowerMac stores and get a chance to be one of 15 winners of Apple AirPods Pro
Pay with GGives and get rewards and perks!
The post Use GGives in PowerMac stores and get a chance to be one of 15 winners of Apple AirPods Pro appeared first on GCash.
Mainnet Shapella Announcement
Withdrawals are coming! The Shapella network upgrade will activate on the Ethereum network at epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 Stakers & node operators should read this post as well as the Withdrawals FAQ From now until April 5…
Day 2 Of Our Ramadan Calendar: Fananees NFTs | Binance Blog
The Fananees characters have become an integral part of Ramadan celebrations for many families in the Middle East. This year they come to Binance thanks to their debut NFT collection.
9 Ways to Discover Upcoming NFT Projects | Binance Blog
9 Ways to Discover Upcoming NFT Projects
How Can Blockchain Developers Use AI? | Binance Blog
From data mining to smart contract writing, explore the relationship between blockchain developers and artificial intelligence software used to help build blockchains.
Binance Build — Mar 24, 2023 | Binance Blog
Discover the latest and biggest product developments across the Binance ecosystem.
A Look Behind the Scenes at Why Spot Trading Temporarily Stopped | Binance Blog
In the spirit of transparency, we want to explain more about the recent pause on trading and our standard operating procedure.
Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025
Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. […]
First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B
According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley […]
Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth […]
Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules
The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, […]
Biggest Movers: XRP Nears 5-Month High to Start the Week, Despite Crypto Market Consolidation
Xrp moved back towards a five-month high on Monday, as prices surged for a third straight session. The token formerly known as ripple was one of the very few gainers to start the week, as markets mostly consolidated. Polygon edged closer to a multi-week low to start the week. XRP XRP, formerly ripple, rose for […]
Microstrategy Buys 6,455 More Bitcoin — Now Holds 138,955 BTC
Microstrategy has purchased 6,455 bitcoins for approximately $150 million at an average price of $23,238 per coin. With its latest purchase, Microstrategy now holds 138,955 bitcoins acquired at an average of $29,817 per coin. Moreover, the company also paid off its loan from troubled Silvergate Bank in full. Microstrategy Buys More Bitcoin Nasdaq-listed Microstrategy Inc. […]
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Near $28,000, as First Citizen Agrees to Acquire Silicon Valley Bank
Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First Citizen Bank agreed to buy approximately $72 billion in SVB assets, at a discounted rate of $16.5 billion. Ethereum continued to trade under $1,800 on Monday. Bitcoin Bitcoin (BTC) started the […]
‘The Only Way to Truly Scale Blockchains Is to Parallelize Processing’ Says Piers Ridyard
Despite being touted as the possible panacea, decentralized finance (defi) still faces obstacles which greatly diminish the prospects of mainstream adoption, asserts serial entrepreneur and CEO of Radix DLT, Piers Ridyard. Ridyard added that while defi is seen as “a fantastic proof of concept,” widespread adoption of this alternative to traditional finance is only possible […]
