Europe’s Stripe rival Adyen losses $20 billion in a day
Key points Adyen, a money transmitter company, experienced a stock flash crash on Thursday by 39% after the company announced its slowest revenue growth on record. Adyen has been seen for a long as a growth stock after posting consistent revenue growth of 26% each...
Chinese real estate developer Country Garden to be removed from Hang Seng Index on Sept 4
Key Points China’s Country Garden, a real estate developer, is set to be removed from Hang Seng Index on Sept 4 and be replaced by Sinopharm. Country Garden Services will also be removed from the Hang Seng China Enterprises Index and be replaced by Trip.com following...
Navigating the Crypto Seas: A Guide to Selecting Promising and Lower-Risk Crypto Assets
IntroductionWhat to NoteMetrics and Factors to ConsiderConclusion Introduction The world of cryptocurrencies is a dynamic and rapidly evolving landscape, offering both tremendous opportunities and significant risks. As an investor, identifying promising and lower-risk...
Deciphering Tokenomics: Unraveling the Significance of Cryptocurrency Economics
IntroductionUnderstanding TokenomicsWhy Tokenomics MattersChallenges and ConsiderationsConclusion Introduction In the ever-expanding realm of cryptocurrencies and blockchain technology, the term "tokenomics" has gained significant prominence. It refers to the economic...
Understanding Presale and Public Crypto Sales: Exploring the Dynamics of Token Offerings
IntroductionPresale: A Strategic PreludePublic Crypto Sales: Embracing Wider ParticipationNavigating Risks and RewardsConclusion Introduction In the rapidly evolving landscape of cryptocurrency and blockchain technology, token offerings have emerged as a significant...
Banking
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Finance
Jack Dorsey loses $500M in a day as Block’s shares plunge
Jack Dorsey has lost over $500M as his company, Block, was preyed on by short sellers resulting in the collapse of its stock shares. The short seller, Hindenburg Research, accused his platform of being involved in money laundering and skirting banking laws.
BoE Governor asks firms to stop price rises or risk higher inflation
Bank of England Governor Andrew Bailey has asked businesses to stop hiking commodity prices to calm the country’s economic crisis. He said that further price hikes would risk higher bank rates.
Deutsche Bank latest in banking crisis contagion?
Deutsche Bank shares have retreated for a third day, losing over a fifth of their value in a month. The share prices fell by over 9% in early trade markets on March 24, 2023.
Inflation is spiking globally – 5 top survival tips
All economies worldwide, including the wealthiest ones like the U.K., US, Germany, Australia, and Spain, are being afflicted by a spiking level of inflation.
10 ways how blockchain technology can improve the finance sector
Blockchain technology has been a phenomenal sensation in the fintech industry over the past decade following the launch of bitcoin. Bitcoin ushered in an era of digital money and changed how money functions for good. Here is how blockchain technology can be used to improve the finance sector.
Technology News
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Podcast
Around The Block With Jefferson Nunn: Interview with special guest Bobby Lee, the CEO of Ballet Crypto.
Catch the latest episode of "Around The Block With Jefferson Nunn" with special guest Bobby Lee, the CEO of Ballet Crypto, as they talk about what's next for Bitcoin and the rest of the crypto world.
Around the Block With Jefferson Nunn – Interview with special guest, Oh Tepmongkol CEO of 3drealmagic and NFT Runway.
What's the future of NFTs? Catch the latest episode of One Confirmation with Jefferson Nunn featuring Oh Tepmongkol, CEO/Founder of 3drealmagic and NFT Runway, as they discussed this and some other exciting topics.
Around the Block With Jefferson Nunn – Interview with special guest, Adam Draper from Boost VC.
Catch the latest episode of One Confirmation with Jefferson Nunn with special guest, Adam Draper - Founder and Managing Director - Boost VC.
Around the Block With Jefferson Nunn – The four things about NFTs with Dr. Dark, and more!
One Confirmation with Jefferson Nunn - the four things about NFTs with Dr. Dark, and more!
Bitcoin price trades at $5K cheaper at Binance Australia as customers seek to exit the crypto market
Bitcoin Price in Binance Australia has been trading at around $5,000 lower than the international markets as customers seek to exit the market. On May 18, the exchange informed its customers that it would suspend the Australian Dollar following issues by its third-party services provider.
Binance appoints Richard Teng as head of regional markets outside the US
Binance, the world’s largest crypto exchange by daily transaction volume, has promoted Binance Singapore CEO Richard Teng to oversee all regional markets apart from the U.S. The exchange seeks to increase its international presence as it continually faces scrutiny from U.S. regulators over compliance issues.
Crypto and finance experts reflect on U.S. crypto regulation efforts
Crypto regulations in the U.S. have been a hot discussion point in the past months, with specialists citing harsh regulation. In under 6 months, the U.S. regulators, including but not limited to SEC and CFTC, have charged numerous high-profile individuals and organizations in the U.S.
DRC-20 tokens drive record-breaking surge in Dogecoin transactions! Is Elon Musk getting involved?
The introduction of the DRC-20 token standard has caused a surge in daily transactions on the Dogecoin chain, surpassing Bitcoin and Litecoin at its peak.
Hot Stories
China to counter US’s plans to restrict investments in its advanced technology
Key Points China’s Ministry of Commerce could respond to Biden’s executive order to restrict investments in advanced Chinese technology US Commerce Secretary Gina Raimondo is set to visit the country amid a souring business relationship. US Commerce Secretary Gina...
Shibarium executive warns against possible exploitations after the chain went live
Key Points Shiba Inus marketing strategist Lucie has issued a stern warning and offered instructions to reduce the risk of phishing attacks when using Shibarium. Shibarium went live on August 16 as an Ethereum layer two scaling solution and can be accessed by anyone...
Ripple Labs hits back at SEC’s request to file for an appeal
Key points Ripple vs. SEC case has been going on for years but has taken a dramatic turn as the US SEC recently lost partially. The Presiding Judge ruled that the sale of XRP in primary and programmatic markets does not constitute the factors that could deem it...
A new decentralized asset management platform launches on Arbitrum and Optimism
Key Points Decentralized asset management platform Valio launches, promising users control of their assets and immersion into Web 3 The platform targets “leveling the playing field” for investors. Valio, a new decentralized asset management system, has launched...
Navigating Your Path to a Web 3.0 Career: A Comprehensive Guide
IntroductionIntroduction to Web 3.0: Beyond the BasicsCharting Your Course: Steps to Secure a Web 3.0 CareerSector-Specific Pathways in Web 3.0 CareersConclusion: Shaping Your Web 3.0 Career Journey Introduction Starting a Web 3.0 career should not be that difficult;...
Tokenization in Fintech: Unlocking the Future of Transactions
IntroductionUnderstanding Tokenization: A PrimerKey Components of TokenizationAdvantages of TokenizationTokenization Use CasesChallenges and ConsiderationsConclusion Introduction Tokenization has emerged as a revolutionary concept in the world of fintech, redefining...