News & Resources
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...
MicroStrategy buys 14.5M worth of Bitcoin and may spend over $750M more
Key Points MicroStrategy has added another 14.5M worth of Bitcoin after adding 12,333 in June. The company says it plans to raise upwards of 750 million dollars to invest in the currency, among other corporate duties. MicroStrategy's Bitcoin buying spree continues as...
Bitcoin price dropped by 4% in July, upholding a history of not dipping below 10% in the month
Key Points Bitcoin, the worlds premiere cryptocurrency, drooped in price by 4% in July The coin has never lost more than 10% in July throughout its history Bitcoin price dropped by 4% in July, a market move that upholds its history of not dipping by over 10% in the...
Crypto Market Pulse Weekly View- August 1, 2023
DeFi under attack (again) Curve protocol was exploited on Sunday evenin putting at risk between $50 and $100 million of user funds locked in various stablepools (alETH/msETH/pETH) using Vyper 0.2.15. The reason is thought to be a malfunctioning reentrancy lockThe...
Justin Sun invests over $2.3m in Curve alongside a new Tron stUSDT liquidity pool
Key Points Tron network founder Justin Sun has introduced a stUSDT liquidity pool on Curve Finance to save the DeFi protocol from impending financial doom. Curve Finance has been losing the value of its tokens due to a Sunday exploit that puts the founder's $168M loan...
Mark Zuckerberg’s Meta to launch distinguished AI chatbots with personalities
Key Points Mark Zuckerberg’s Meta is preparing to have an edge against its competitors by launching AI chatbots with personalities. The move is to ensure that the company ‘retains users’ as more competitors grow in the budding industry. Meta, a social media...
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Analysis
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Analysis
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Analysis
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Analysis
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Analysis
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