Ripple Labs Inc. counters US SEC motion for an interlocutory appeal in a pivotal case that could redefine crypto regulations in the U.S.
Balancer protocol exploited for $900K as DeFi hacks mount: Finance Redefined
Ethereum automated market maker and DeFi protocol Balancer was exploited for nearly $900,000 as DeFi exploits and hacks continue to mount.
A district judge's recent decision in a class action lawsuit against Uniswap demarcates DeFi from centralized exchanges like Coinbase.
The final phase of plan will be the "complete reimplementation" of the Maker Protocol in addition to building on a new blockchain.
The total value locked on Base rose to over $380 million, doubling since the launch of Aerodrome last month.
More than $45 million were lost to various incidents in the month of August alone, which is significantly lower than losses in July which amounted to around $486 million.
The European Central Bank cautioned against reading too much into a bond-market metric often regarded as a harbinger of recession.
Four Ethereum staking pools, including Rocket Pool, have now agreed to a self-limit rule ensuring they’ll never own more than 22% of staked ETH. However, the largest staking pool, Lido, voted against it almost unanimously back in June.
Tesla Inc. unveiled the first refresh of its popular Model 3 sedan with a sleeker look and longer range, but with a heftier-than-expected price tag in China where the EV maker coming under increased pressure from local rivals.
The regulator suing Qantas Airways Ltd. for allegedly selling seats on thousands of cancelled flights is seeking a record penalty of more than A$250 million ($162 million), making the lawsuit a test case for the watchdog’s hardened stance against breaches of consumer law.
After years of rapid growth, ESG-linked loans are suffering the worst drought since their inception in 2017. Companies that issue them can enjoy discounts or incur penalties on their interest rates if they meet or miss targets on environmental, social or governance metrics such as cutting pollution, reducing food waste or promoting gender equality. The downturn follows a period of bumper sales during the pandemic. With investors now questioning the usefulness of many ESG investments, a rebound w
South Korea will bring in foreign domestic helpers in its latest effort to tackle the world’s lowest fertility rate.
Inmates at a penitentiary in the Ecuadorian city of Cuenca are holding hostage 50 guards and seven police officers, the Agence France-Presse reported late Thursday citing Interior Minster Juan Zapata.
Chinese Foreign Minster Wang Yi told his South Korean counterpart that he supports Seoul’s efforts to resume three-way summits that include Japan, a sign Beijing is trying to counter a US push to forge closer ties with its two Asian allies.
A plan to build a utopian urban oasis in the windswept hills of Northern California’s Solano County now has a splashy website, which aims to tout the controversial project’s benefits and win over wary locals.
England is gearing up for its fourth winter with Covid-19 by pulling forward its vaccination booster program by a month after the emergence of a new variant, dubbed Pirola. While little is known about this latest strain of a virus that is constantly mutating, the UK Health Security Agency decided to move its schedule forward preemptively to protect the most vulnerable from illness. The US Centers for Disease Control and Prevention and the World Health Organization have already said they are keep
Manufacturing activity in Asia’s major export powerhouses slumped further in August as weak demand persisted in the region’s key trade markets, particularly in China.
A private survey of China’s manufacturing activity unexpectedly expanded in August, an encouraging sign for factories searching for an end to their slump.
China unleashed a slew of measures to halt a slide in the country’s residential property and shore up its ailing economy.
Japan’s largest brokerage may scale back hiring plans if investments fail to deliver adequate returns.
AMC Entertainment Holdings Inc. shares pared gains to end Thursday lower even after pop star Taylor Swift announced that her recent “Eras Tour” will screen in North American cinemas starting in October.
Hedge funds have “probably” increased their positions in highly leveraged Treasury basis trades, posing a risk to financial stability, according to a research paper published by the Federal Reserve.
Japan’s businesses cut spending for the first time in five quarters in the face of global economic headwinds, an outcome that may prompt a downward revision to second-quarter economic growth data.
Oil headed for a weekly gain after Russia signaled that it would extend export curbs and US inventories dropped further.
Philippine President Ferdinand Marcos Jr. approved a proposal to impose ceilings on rice prices across the country, his comunications office said on Friday.
Base, an Ethereum layer 2 (L2) network developed by prominent cryptocurrency exchange Coinbase, has seen its total value locked (TVL) soar to new …
Blame it on seasonality, dwindling interest or traders away on holiday, but Bitcoin is ending on a down note for a second consecutive month even with one of the most potentially positive developments for cryptocurrencies in awhile.
A group of specialists at Jump Crypto, one of the digital-asset world’s top market-making firms, have left to start a new software company focused on developing a financial data feed project built on blockchains.
Binance is accelerating a move away from its exchange-branded stablecoin by offering incentives for customers of the world’s biggest crypto-trading platform to convert their holdings into alternatives.
A unique mix of environmentalism and individualism helped this rural state build a coalition around pro-housing bills. Could the approach succeed elsewhere?
The government is pressing ahead with plans to take back the land despite loud opposition from wealthy golf club members, underscoring the gravity of Hong Kong’s housing problem.
A UN-backed investor program designed to pressure Australia to accelerate decarbonization plans will add 18 new money managers including Fidelity International and Morgan Stanley Investment Management, as investor concerns grow over the impact of climate change risks on the country’s debt.
Canada has issued a warning for LGBTQ residents planning to travel to the US, cautioning that some states have enacted laws and policies that may affect them.
New Jersey Transit’s locomotive engineers voted unanimously Thursday to authorize a strike after years of contract negotiations stalled, but any potential work stoppage or disruption to services is likely months away as mediation plays out.
At the US Open, the young Wimbledon champion will make his case to succeed Federer, Nadal and Djokovic—and Serena—as the sport’s next big star.
A sagging economy has left the young with dismal options: Eat bitterness or become your mom’s personal assistant.
Disregarding the downturn will cost the Chinese leader dearly, spurring social unrest fueled by high unemployment and hopelessness.
To live in Tokyo is to be constantly reminded how impending natural disaster.
Fanatics Inc., the online sports-apparel giant, is offering customers up to $150 in merchandise credit if they sign up for and use its new betting app at the start of the NFL season.
The owner of clothing brand Tommy Bahama cut its full-year earnings guidance in part due to the impact of this month’s deadly wildfire on Maui. Shares fell in postmarket trading.
Money-market fund assets climbed to a fresh all-time high as longer-dated Treasury yields retreated sharply from last week’s peaks.
Gabon will swear in General Brice Nguema as transitional president on Sept. 4, as the country’s junta decided to reestablish the Constitutional Court on a temporary basis.
Patricia Bullrich, Argentina’s probusiness opposition presidential candidate, pledged to restore the country’s ailing economy and stabilize its beleaguered currency as she tries to narrow the gap with frontrunner Javier Milei ahead of the October election.
Anguilla is expected to make millions this year from a surge in demand for web addresses ending with .ai, thanks to the frenzy around artificial intelligence.
Dell Technologies Inc. reported better-than-expected sales of personal computers and data center hardware, fueling hopes of a recovery in the market for corporate technology. The company also said demand for products that help businesses use artificial intelligence are a “long-term tailwind.”
Alphabet Inc.’s Google told a federal court Thursday that it should be allowed to interview the Justice Department’s top antitrust official under oath, alleging his “deep-seated bias” against the company led the federal government to sue it for antitrust violations.
Hot on the heels of its lunar landing success, India is readying to blast a probe even deeper into space to study the sun.