Banking

US Credit Score downgrade sinks global markets

US Credit Score downgrade sinks global markets

Key Points Fitch announced on Tuesday that it was downgrading the US long-term foreign-currency issuer default rating from AAA to AA+. The US Credit Score was always on the balance of being revised downwards by Fitch following the 2023 debt ceiling crisis. US Stock...

Finance

Technology News

100K ChatGPT logins exposed to the Darkweb- cyber security firm

100K ChatGPT logins exposed to the Darkweb- cyber security firm

Concerns surrounding ChatGPT user credentials being leaked online and traded on the Darkweb are surfacing after a blog post by Singaporean cybersecurity firm Group-IB. The firm alleges that over 101K ChatGPT logins appear to have been stolen over the past year and traded over the dark web between June 2022 and May 2023.

Podcast

Bitcoin hits ATH in multiple countries. Has the bull run already begun?

 Key pointsBitcoin eyes $60K, $5K shy from its ATHIs the crypto bull run already here?  Key points Satoshi Nakamoto’s selfless invention Bitcoin, has hit ATH in multiple countries as it eyes $60K. Bitcoin’s ATH in USD is $65K a figure that is now in a close range...

Essential Accounting Skills for Effective Personal Financial Management

Introduction:Conclusion: Introduction: Personal financial management is a crucial aspect of our daily lives, requiring a set of skills to ensure financial stability and success. While many may associate accounting with businesses, the principles of accounting are...

Navigating the Bull Run: A Comprehensive Guide on Building a Successful Crypto Portfolio

Introduction:Building a Successful Crypto PortfolioConclusion: Introduction: The cryptocurrency market is renowned for its volatility, and when a bull run is on the horizon, opportunities abound for savvy investors. However, success in this space requires a strategic...

A Comprehensive Guide on How to Save Money for Big Financial Goals

Introduction:How to Save Money for Big Financial GoalsConclusion: Introduction: Saving money for significant financial goals requires a thoughtful and disciplined approach. Whether you're planning to buy a home, fund your education, start a business, or retire...

UK economy struggles as inflations continue to bite hard

Key Points UK’s Gross Domestic Product has shown no growth in Q3 2023 after registering a slight rise of 0.2% in Q2. The UK Finance Minister now decries high inflation, blaming it as the “greatest barrier” to their economic growth. Inflation rates in the UK are still...

MoonDAO announces sweepstakes for a second ticket to Space 

Key Points MoonDAO is offering its second ticket to take another DAO-voted member into Space via Jeff Bezos's company, Blue Origin. MoonDAO sent the first DAO-voted member into Space in August 2022 and is now back with similar pursuits. In August 2022, MoonDAO...

Scalability debate reignites as ETH and BTC gas fees surge with price rises

Key Points Bitcoin has broken an 18-month high by trading at over $37,500 on Nov 9. ETH has also been surging in prices, but so is its gas fees. Over the past 24 hours, it breached the $200 mark for given high-priority transactions, igniting debate on scalability...

Standard Chartered venture arm eyes setting up a crypto fund in UAE

Key Points Global banking giant Standard Chartered is eyeing setting up a crypto fund in the United Arab Emirates. The disclosure comes days after the UAE issued guidance on crypto regulation requiring VASPs to be licensed to increase the transparency of financial...

Unveiling the Dynamics of Spot Market ETFs: A Comprehensive Guide

Introduction: In the ever-evolving landscape of investment opportunities, Exchange-Traded Funds (ETFs) have emerged as a versatile and popular choice for both seasoned and novice investors. Among the diverse array of ETFs, the spot market ETF stands out as a dynamic...

The first window for the approval of all 12 spot Bitcoin ETFs by SEC starts today

Key Points US SEC is now approaching the climax of deciding on the ongoing spot Bitcoin approval race by TradFi institutions. Today is the start of the first window for the commission to approve all of the 12 filed spot Bitcoin ETFs. The US SEC has just entered an...
All cryptos apart from BTC are securities-SEC

All cryptos apart from BTC are securities-SEC

Key Points US SEC reportedly asked Coinbase to delist all cryptocurrencies it trades, alleging all cryptos apart from BTC are securities. The regulator took the incentive shortly before filing a lawsuit against the exchange, alleging it was acting as an unregulated...

Signs the Crypto Market Is on the Verge of a Crash

Signs the Crypto Market Is on the Verge of a Crash

Introduction While soaring prices and immense profits can be enticing, investors should also be cautious of potential market crashes. Identifying signs of an impending crypto market crash is crucial for protecting investments and making informed decisions. In this...

Hot Stories

Binance Web3 wallet launches

Binance Web3 wallet launches

Key Points Binance crypto exchange has launched a Binance Web3 wallet for its 150 M registered users. The Binance Web3 Wallet has been launched within the primary Binance app and is predominantly used for trading cryptocurrencies. Binance has announced the launch of...

What Is Short Selling and How Does It Affect a Market?

What Is Short Selling and How Does It Affect a Market?

How the Process of Short Selling Typically Works:Ways How Short Selling Can Affect the MarketDrawbacks and Risks of Short sellingConclusion Short selling is a trading strategy in financial markets where an investor, known as a "short seller," borrows an asset (such as...