Eurozone plunges into a recession; Brits to endure more pain
Eurozone has plunged into a recession sending negative waves through the market. Brits will have to tighten their belts for tougher economic times ahead. The region has been experiencing one of the highest inflation rates this year among the strongest economies hitting over 10% and sustaining for a long time.
Polygon Labs President testifies on Web 3 and blockchain technology in Congress
Polygon Labs President Ryan Wyatt gave his testimony on the crypto industry to the committee on June 7. The meeting was held regarding a crypto regulation bill that has been presented and seeks to harmonize the efforts toward crypto regulation in the country.
Robinhood to delist crypto assets deemed as securities
Robinhood has returned to the drawing board to try and minimize its chances of picking legal fights with the U.S. SEC. The exchange seeks to delist several crypto assets the regulator sees as securities to avoid defending themselves in court and incurring extra costs.
Atomic Wallet losses $35 million in a crypto hack
Atomic Wallet was hacked last week losing upwards of $35 million. Now, North Korea seems to have been caught in another crypto hacking controversy as experts believe that it could be the perpetrator.
Another crypto lawsuit: SEC goes after Coinbase
U.S. SEC has filed a crypto lawsuit against Coinbase Exchange less than a day after suing Binance. U.S. The new lawsuit comes as a climax of the tension that has been there between the regulator and Coinbase for the past several months.
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Hot Stories
US vice president holds a meeting to discuss the risks of AI
US vice president Kamala Harris met with top tech CEOs to discuss the risks associated with AI. She met with the CEOs, accompanied by Biden’s top advisors, on May 4, 2023, to figure out the impacts of the budding technology. AI discussions continue raging Kamala was...
ECB hikes interest rates by 25 bps as inflation rages
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Bitcoin bull Balaji condemns the US for slacking in economic crises
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