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Monthly Archives: September, 2023

Will US CPI Reignite FX Intervention Concerns?

Japanese Yen (USD/JPY, EUR/JPY) AnalysisUeda’s Nod to Rate Normalisation Fades as Focus Shifts to US CPIThe yen made a partial recovery/pullback after the Bank...

Ponzi vs. pyramid schemes: What’s the difference?

A pyramid scheme is a dishonest investment plan that lures people with claims of large profits, usually by recruiting new participants.  Individuals involved...

BNB Chain’s Layer 2 Network opBNB Goes Live

“Scalability and security are the top priorities of opBNB,” said Arno Bauer, Senior Architect at BNB Chain, in a message to CoinDesk. “Before opening...

Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse

Adobe, IBM, Nvidia and five other companies have endorsed U.S. President Joe Biden's voluntary artificial intelligence (AI) commitments, including watermarking AI-generated content. This announcement was...

Prime Broker Hidden Road Joins Komainu Connect Custody Program

Hidden Road is the first prime broker to join the ecosystem, and clients can now leverage digital assets in collateralization scenarios while their assets...

Opera browser debuts stablecoin wallet MiniPay in Africa

The web platform Opera revealed its plans to launch a non-custodial stablecoin wallet integrated into its mobile web browser which will be made available...

Polygon co-founder – $1B bet on ZK-rollups paying off

Polygon co-founder Sandeep Nailwal believes the layer 2 blockchain firm is reaping the benefits of allocating $1 billion to develop zero-knowledge proof (ZK-proof) powered...

Ripple CEO Brad Garlinghouse Says 80% of the Staff He Will be Hiring Will Be Outside of the US

“You see markets like we have here in Singapore, certainly even what we're seeing in Hong Kong, the U.K., Dubai, where the governments are...

Crypto ahead in fintech investments in France and Germany in 2023: Report

In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number...

Senator’s Blockade of Military Promotions Begins to Cut Deep

Near the river entrance of the outermost ring of the Pentagon, where visiting dignitaries are greeted with full honors, the hallways that usually house...

Oil Prices Soar, Tech Stumbles as CPI Looms

Tech Stock Underperformance and Oracle’s Slide Tuesday’s trading session painted a gloomy picture, with most major averages experiencing losses. The tech-heavy Nasdaq Composite faced a...

Karl Greenwood, Co-Founder of OneCoin Pyramid Scheme, Sentenced to 20 Years in Prison, $300M Forfeiture

OneCoin began in Bulgaria in 2014, branding itself as a cryptocurrency and telling investors that the token could be mined and had real value....

Why a Democratic-leaning union is challenging Biden’s electric vehicle revolution

“UAW members feel abandoned by the Democratic Party,” former UAW President Bob King said in an interview, citing President Bill Clinton’s signing of the...

PayPal PYUSD stablecoin is 100% backed: Paxos transparency report

Stablecoin issuer Paxos has published the first transparency report for the Ethereum-based stablecoin PayPal USD (PYUSD), stating that the coin is fully backed by...

Senator’s Blockade of Military Promotions Begins to Cut Deep

Tommy Tuberville of Alabama has refused to lift his hold unless the Pentagon cancels a policy ensuring that service members have access to abortion. www.nytimes.com

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