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Category: FINANCE

Posted on 24/04/2024

Crypto Hackers Strike at AI-Based YIEDL Platform

The hackers as the case described, went straight to the YIEDL Y-BULL vault, putting a malicious contract up in the BNB Smart Chain network.

Posted on 24/04/2024

Japan’s Yen Hits 155/dollar, Weakest Since 1990

(Reuters) - The yen fell on Wednesday to its weakest levels against the dollar since June 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up their currency.

Posted on 24/04/2024

Mt. Gox’s $9 Billion Bitcoin Repayments Could Rattle the Market, Warn K33 Analysts

Market analysts at K33 Research are cautioning that the potential return of over $9 billion worth of Bitcoin from the Mt. Gox era could have a negative impact on the cryptocurrency's price.

Posted on 24/04/2024

Ibotta’s IPO opens sharply higher, hinting at warming public-market interest in tech shares

Ibotta began its path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share.

Posted on 24/04/2024

Ibotta IPO Reportedly Raises $577 Million—Above Marketed Range

Ibotta and shareholders sold 6.56 million shares for $88 each, Bloomberg reported, exceeding the company’s estimated IPO price, which was put between $76 and $84. Selling the shares for $88 each ...

Posted on 24/04/2024

Japan’s Nikkei closes above 38,000 points as tech shares soar

Japan's Nikkei share average locked in a third consecutive day of gains on Wednesday, tracking Wall Street higher to break above 38,000 points as investors continued to snap up tech-related shares. The Nikkei finished up 2.

Posted on 24/04/2024

‘Chaotic era’ for Asian currencies: Bank of America is not bullish on any of them

The Bank of America is not bullish no any currency in Asia, leading the investment bank to deem the start of a “chaotic era” for these currencies.

Posted on 24/04/2024

Japan’s 10-year bond yield hits 5-month high ahead of BOJ meeting

Japan's 10-year government bond (JGB) yield hit a five-month high on Wednesday as the market braced for any signals of another rate hike at the Bank of Japan's (BOJ) policy meeting this week. The ...

Posted on 24/04/2024

Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33

The potential release of Mt. Gox Bitcoin could put negative pressure on BTC over the next month, K33 Research analysts warn.

Posted on 24/04/2024

Nikkei May Rise as Hopes Continue for Earnings Growth

Japanese stocks may rise as hopes continue for earnings growth and concerns recede about a further escalation in tensions in the Middle East.

Posted on 24/04/2024

After bitcoin, ethereum, what crypto will get an ETF boost from Wall Street?

Melker reinforced this perspective by explaining the necessity of a regulated market infrastructure, similar to what exists for bitcoin, to support ETF approvals for other altcoins. He underscored the ...

Posted on 24/04/2024

Kryotech launches Vox Pay to simplify crypto on- and off-ramps

This was the focal point of a recent discussion led by Roundtable anchor Rob Nelson, who expressed concerns about the existing barriers that prevent smooth transactions on crypto platforms like ...

Posted on 24/04/2024

Demystifying Crypto: A Personal Journey Into the World of Digital Currency

Unlike traditional banks, where the institution handles account security, cryptocurrency places the onus of safeguarding digital assets squarely on the user's shoulders. This might seem daunting at ...

Posted on 24/04/2024

Crypto industry groups sue in Texas to challenge SEC’s ‘dealer’ rule

Two crypto industry trade associations on Tuesday sued the U.S. Securities and Exchange Commission to block a new rule that expanded the regulator's interpretation of what it deems a "dealer" of ...

Posted on 24/04/2024

Japan’s Sumitomo plans $1.3 billion renewable power storage network, Nikkei reports

opens new tab is planning to invest 200 billion yen ($1.29 billion) to build battery facilities in Japan for storing excess power generated by wind or solar farms, the Nikkei reported on Wednesday. Under the plan, Sumitomo intends to set up more facilities ...

Posted on 24/04/2024

Japan Post Bank system glitch delays 1.2 million transfers

Japan Post Bank Co. said Tuesday that a nationwide system failure has caused delays in receiving nearly 1.2 million money transfers from other banks. The bank said the system failure began at 8:40 a.m ...

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