KEY POINTS The positive start for European stocks came after markets closed lower last Friday after data showed the U.S. economy added 390,000 jobs in May. The latest U.S. inflation reading at the end of the week will be a key focus for investors. LONDON — European stocks advanced on Monday as international markets gear …
Crypto markets were mainly in the green to start the week, with several assets climbing by double digits on Monday. One of these was ADA, which rose by as much as 13% today. THETA also climbed higher, gaining nearly 15%. Cardano (ADA) ADA was one of the most notable movers on Monday, as prices surged back towards …
Biggest Movers: ADA up 13% on Monday, THETA Moving Towards Multi-Week High Read More »
Non-fungible token (NFT) sales are down a great deal, as 30-day statistics show NFT sales recorded last month saw just over $4.6 billion settled but today, sales are down 65.43% to $1.59 billion. Furthermore, Google Trends data indicates that interest in NFTs has dropped to the lowest point since the first week of October 2021. …
Despite the rally, the token is still 36% below $7.46 a month ago after a challenging May for the crypto markets. Binance Labs, the venture capital arm of Binance, the world’s largest crypto exchange by trading volume, has made an investment in PancakeSwap, a decentralized exchange (DEX) built on the BNB Chain. CAKE, the native …
Binance Labs Invests in PancakeSwap, CAKE Jumps Nearly 10% Read More »
Brewing could soon be getting the Web3 treatment, with tokens giving holders a choice on how their favorite brewery is run. Munich-based MetaBrewSociety (MBS) will soon offer voting rights on the business decisions of a physical brewery via nonfungible tokens (NFTs) and a decentralized autonomous organization (DAO). The MBS was formed in February this year …
MetaBrewSociety to offer voting rights over a brewery via NFTs and DAO Read More »
KEY POINTS The country is exposed to a historic debt default after the U.S. Treasury Department last week allowed a key sanctions exemption to expire. The waiver had allowed Russia to process payments to foreign bondholders in dollars through U.S. and international banks, thereby avoiding default. Russian Finance Minister Anton Siluanov reportedly told Russian newspaper …
Russia thinks it has found a way around Washington’s dollar bond payment blockade Read More »
As the recent crypto sell-off continues to elicit mixed reactions and concerns, Michael Saylor, MicroStrategy CEO, has told investors that they should not be discouraged by Bitcoin’s short-term volatility. For investors who see cryptos as a short-term investment and a fast track to becoming richer, their analysis is wrong. In an interview with ‘The Block’ …
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance. Majid Al Futtaim Dives Into Crytpo With Binance Majid …
The for-profit, philanthropic company is in the running for “Web 3 Pitch Fest,” with winners to be announced at Consensus. Danny Yang was part of the team behind what he calls a historic crypto transaction, when his non-fungible token (NFT) project became the first to mint 10,000 tokens in a single go. Although the project, called …
According to OKHotshot’s investigations, the attack was conducted by hacking into the Discord account of Boris Vagner, community and social manager at Yuga Labs. Yuga Labs, the creator of two of the most popular ape-themed nonfungible token (NFT) offerings — Bored Ape Yacht Club (BAYC) and OtherSide — witnessed yet another orchestrated phishing attack, with investors losing …
Yuga Labs’ BAYC, OtherSide Discord groups breached, over 145 ETH stolen Read More »
