Customers are continuing to redeem Circle’s USD Coin stablecoin at a greater pace than buying it even after the firm recouped deposits that were caught up in the collapse of Silicon Valley Bank.
The conversation around the role of central banks in the economy has taken on a new dimension among US presidential hopefuls like Ron DeSantis and Vivek Ramaswamy. These politicians want to make it clear they would not support any proposals for a central bank-backed digital US dollar as they make an early push to drum up momentum for their campaigns.
UK-based fintech app Revolut will stop offering Solana, Cardano and Polygon’s tokens for US customers after its provider Bakkt Holdings Inc. decided to delist the cryptocurrencies.
Bitcoin bulls are seeking to take advantage of light market liquidity ahead of the July 4 holiday to push the price of the digital currency to another high for the year.
Billionaire Cameron Winklevoss, co-founder of the Gemini Trust Co. crypto platform, outlined what he termed a “best and final offer” for digital-asset lender Genesis Global Holdco’s bankruptcy restructuring.
Shoppers now have to pay 5 Singapore cents a bag at major grocery stores, or bring their own reusable tote.
To keep their social hubs open, veterans service organizations like the Legion and VFH are hosting karaoke, comedy nights and pro wrestling events.
BYD Co., China’s best-selling car brand, unveiled a new electric sport utility vehicle — the Denza N7 — at a glitzy event in a former factory in Beijing on Monday night, stepping up its push into the premium sector.
Over €18 billion in investments in green hydrogen are ramping up in Spain. Will it find the customers?
Harvard University was accused by minority groups of violating federal law by giving preferential treatment in the admissions process to children of alumni and wealthy donors, days after the US Supreme Court struck down the use of race-based affirmative action policies.
Lazard Ltd. fired a senior dealmaker following allegations of inappropriate behavior during a weekend party, according to people familiar with the matter.
Sofar Sounds rides out the industry’s tough times with shows for fledgling acts.
Deals have dried up, making investors reluctant to commit fresh capital.
Across the retail sector, more visits and purchases from older people may help offset cutbacks from families who should be at the peak of their spending power.
The author’s widow died without naming who’d take over his literary legacy. Heirs would emerge but the 150 year-old global regulations need updating.
DirecTV customers lost access to 159 local stations operated by Nexstar Media Group Inc. after the two sides failed to reached a new distribution agreement.
Taylor Swift fans across Asia have flocked to sign up for United Overseas Bank Ltd.’s cards as the frenzy to get hold of the pop star’s Singapore concert tickets heats up.
The world’s 500 richest people added $852 billion to their fortunes in the first half of 2023.
More than one in 10 New Zealanders with a mortgage, personal loan or credit card are behind in their repayments, while company liquidations have increased 35% on the same period last year, as higher interest rates weigh on the economy.
Thailand’s newly-elected lawmakers endorsed the appointment of a veteran politician as the parliament speaker, marking another important milestone for a coalition of pro-democracy parties seeking to form a new government after sweeping the May election.
China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the US, Japan and Europe to cut Beijing off from advanced technology. But it also risks backfiring.
Potential disruptions from artificial intelligence and the risk of recession have many planning to save more this year.
The US is preparing to curtail Chinese companies’ access to cloud computing services including Amazon.com Inc.’s and Microsoft Corp.’s, the Wall Street Journal reported, citing people familiar with the situation.
South Korea trimmed its growth outlook for 2023, citing uncertainties over momentum in China and the US, the world’s two largest economies.
The shares of Chinese metals producers surged after Beijing imposed export controls on gallium and germanium, which are used in chipmaking, communications and defense.
Monster Beverage Corp. is moving forward with its $362 million acquisition of its bankrupt rival Bang Energy after a federal antitrust regulator ended its review that could have quashed the proposed deal.
Rivian Automotive Inc. will expand deliveries of a battery-electric van it makes for Amazon.Com Inc. to Europe. It will be the EV maker’s first commercial shipments outside the US.
South Korea’s inflation eased for a fifth month in June, bolstering the case for the central bank to hold its policy rate next week while it keeps a close eye on the deeper price trend.
New Zealand companies are pessimistic about the outlook for the economy, and their own trading prospects, as slowing growth damps demand for their goods and services.
UK household spending is holding up better than expected partly because returns on savings are rising faster than the cost of mortgages.
Bahrain is set to invest £1 billion in the UK through private sector entities as part of an agreement signed during the Crown Prince’s visit to Britain.
Bearish bets on Chinese electric vehicle maker XPeng Inc. have reached a record high as its share prices almost doubled in recent weeks, suggesting investors are skeptical the rally can last.
Cardano's resilience, DeFi ecosystem, governance and developer community may help power its next price rally
Encrypted messages have now been integrated into several retail wallet apps, including MyTonWallet, OpenMask and TON Wallet.
Despite the market turmoil and scandals in the final quarter of 2022, DeFi salaries rose, bucking wider economic trends.
Here’s a list of top DeFi tokens that could experience a potential surge in the near future.
DeFi engineers salary increased during the fourth quarter of last year despite the issues surrounding the industry during the period.
Bittrex files a motion to dismiss its securities case with the SEC, claiming the SEC didn't properly document its wrongdoings.
Crypto exchange Bittrex has filed a motion to dismiss a lawsuit against them by the United States Securities and Exchange Commission (SEC).
China's People's Bank of China (PBOC) appoints a Bitcoin skeptic as doubts linger over the future of cryptocurrencies in the country.
More than $204 million was lost in various DeFi-related hacks and scams in the second quarter of 2023, according to a report by crypto portfolio app De.Fi.
The United States Stock Market is showcasing a very impressive rally at this time as different sectors begin to pick up.
Chibi Finance advertised itself as a DeFi aggregator that offered yield opportunities throughout the Arbitrum network.
Crypto asset products record second week of inflow, with Bitcoin recording $123 million in inflow as Bitcoin monthly MACD turns green.
Decoupling trends in the crypto market as DeFi tokens surge while NFTs declines, all while Ethereum bulls aim for the $2,000 milestone.
The popular lending and borrowing protocols have seen hefty gains over the last 24 hours, which comes on the heels of a recent Ethereum rally.
Crypto News: The global digital asset industry is trading under increased uncertainty as the top financial watchdogs are still engaged in building
Shytoshi Kusama says the Shibarium launch date and location are set. Shiba Inu official Lucie predicts BONE price at $2-$3.
