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Monthly Archives: August, 2023

Mimicking Trump, G.O.P. Contenders Feed Voter Distrust in Institutions

As Donald J. Trump has escalated his attacks on the justice system and the “deep state,” his competitors for the Republican nomination have followed...

FTX has a plan, but creditors are not impressed: Law Decoded

FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for it...

Mango Markets, Crypto Exchange Atop Solana Blockchain, Sees Legal Bills Swell a Year After Alleged $116M Heist

According to the website Realms, there’s about $89 million in the Mango DAO treasury, but most of that is denominated in MNGO tokens, and...

Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report

ARK Investment Management founder and CEO Cathie Wood has reportedly suggested that the United States Securities and Exchange Commission (SEC) will approve multiple spot...

‘All funds are at risk’ — Steadefi exploited in ongoing attack

Decentralized finance (DeFi) app Steadefi was exploited for at least $334,000 on Aug. 7 in an ongoing attack. The app's development team has said...

PayPal’s Regulated Stablecoin Is a ‘Watershed Moment’ in Crypto Space, Says Paxos

In terms of those rules, a big one is the removal of bankruptcy risk, Hessert said. “Customers' assets are protected, including if Paxos were...

The pillars of Germany’s economy are crumbling. Three reasons for worry

I'm struggling to see a way forward for the German economy.Today's data showed German industrial production falling 1.5% in June. That was worse than...

PayPal’s (PYPL) Stablecoin Debut, Worldcoin’s Kenyan Hurdles, and More

In today's crypto news roundup, we delve into a series of significant events that have shaped the digital currency landscape. From PayPal's groundbreaking entry...

The Ground Game for Bitcoin Adoption

Just a few years ago, El Salvador was one of the most dangerous countries in the world. Today, Bukele’s uncompromising security policies have dramatically...

Hospitals use A.I. like Microsoft Nuance’s DAX app to fight burnout

When Dr. Tra'chella Johnson Foy greets her patients, she sits across from them facing away from the computer in the exam room. Then, she...

What Crypto’s Future Has to Do With LIBOR’s Death

But then scandal hit with the revelation in 2012 that banks were artificially controlling the rate, including by reporting borrowing rates at levels that...

EUR/USD Enclosed by Key Tech Levels Before US CPI, Breakout Eyed

EUR/USD FORECASTEUR/USD begins the week on the back foot, following disappointing economic data in Europe and rising U.S. Treasury yieldsVolatility, however, is limited, with...

Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges

The Securities and Futures Commission (SFC) of Hong Kong issued a notice about unlicensed virtual asset trading platforms “engaging in improper practices,” warning of...

Aptos’ APT Token Slides Ahead of $30M Unlock

Data from TokenUnlocks shows that more than 4.5 million APT tokens, worth about $30 million, will be unlocked on Friday. 3.21 million tokens, or...

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