Ethereum’s native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators. Ethereum chain split means more tokens A big part of Ether’s ongoing rally has appeared due to
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a fintech portal on its website. The new portal has been created in order to facilitate exchanges between the regulator and “companies involved in the innovative financial technology sector.” Portal to Help Promote Development of New
When assisted senior living home The Preston of the Park Cities approached Owen Robertson to hold a course on crypto, NFTs, and the Metaverse for their residents, the 21-year-old didn’t expect how quickly they’d pick up on the complex topics. Speaking to Cointelegraph, the Quai Network marketing associate, board member of the Mccombs blockchain initiative,
press release PRESS RELEASE. ReadON (readon.me), a company that aims to provide users with a brand-new content consumption experience by utilizing blockchain, completed its seed investment round of $2M led by SevenX Ventures. Other investors included HashKey Capital, Foresight Ventures, Sky9 Capital, ArkStream Capital, Puzzle Ventures, CyberConnect, M23 Fund, Smrti Lab and individual investors. The
After Ropsten and Sepolia, Goerli was the last remaining testnet scheduled to undergo the merge, officially becoming a Proof-of-Stake (PoS) blockchain as of 1:45 am UTC, Aug. 11. The Goerli testnet merge has been finalized without any major issues today, suggesting that there will be no delays to the tentative Ethereum Merge date set for
Bank of England’s analysts say crypto assets could have important roles within the metaverse. “Widespread adoption of crypto in the metaverse … would require compliance with robust consumer protection and financial stability regulatory frameworks,” they added. Bank of England’s Analysts on the Metaverse, Crypto, and Regulation Bank of England’s economist Owen Lock and policy analyst
Perched on the side of the bridge connecting the island of Palm Beach to the Florida mainland, a day after Donald Trump’s nearby Mar-a-Lago resort was searched by the FBI, Mary Ann Robinson held a White Claw alcoholic drink in one hand and railed against federal law enforcement. “When they raided our president[’s home], I
The thick plumes of black smoke that swirled over an air base in Crimea sent scores of sun-seekers running from the Russia-occupied peninsula, clogging traffic on the highway leading to the only bridge to their homeland. Ukrainian officials retweeted the videos of panicked Russian tourists racing for the exits. One assessed that nine Russian fighter
Credit Suisse has stepped up its legal fight against SoftBank, as the embattled Swiss lender seeks to recoup hundreds of millions of dollars on behalf of its wealthiest clients that it had lent through Greensill Capital, the defunct finance firm. Credit Suisse lawyers applied to the English High Court last week, seeking permission to initiate
A top Federal Reserve official has warned it is far too early for the US central bank to “declare victory” in its fight against elevated inflation after new data showed a reprieve in consumer price pressures. In an interview with the Financial Times, Mary Daly, president of the San Francisco branch of the Fed, did
How much could your household finances be squeezed in the next few years? The answer could well come down to the size of your mortgage. If you’ve borrowed a lot of money to buy your dream home, rising interest rates have the potential to curb the spending power of the middle classes much more than
The last time I was truly, painfully, bored, in the way that I remember from childhood — watching the minutes tick by as if they were hours; desperately craving stimuli other than the contemptible ones on offer; feeling an increasing urge to somehow vent the frustration physically, vocally, or preferably both — was almost exactly
Manrika Khaira regularly broadcasts live on TikTok to her following of more than half a million people. She uses the social media platform to demonstrate how she gets ready in cheerful tutorial-style videos, while marketing cheap or discounted beauty products. In one livestream, testing out some heated hair crimpers sent to her, she realises her
On August 9, a firm that uses landfill methane to fuel bitcoin miners, Vespene Energy, announced the company has raised $4.3 million in a funding round led by Polychain Capital. Vespene aims to use the funds for its pilot in California by using landfill methane to mine bitcoin and “mitigate a major source of greenhouse
The number of decentralized applications (DApps) on Ethereum-scaling-platform Polygon has topped 37,000, marking a 400% increase since the start of 2022. The Polygon team shared the figures via an Aug. 10 blog post, which was sourced from partnered Web3 development platform Alchemy, noting that the figure represents the cumulative number of applications ever launched on
President Joe Biden stated Wednesday that the U.S. economy had zero percent inflation in July following the latest CPI report. “Biden is claiming that we saw zero percent inflation last month. But there’s a zero percent chance that’s the case. Inflation in July was 8.5%, which is still a 40-year high,” said a lawmaker. Biden’s
Coinbase CEO Brian Armstrong says “the more regulation there is for crypto, the better it is for Coinbase.” He revealed an inquiry from the U.S. Securities and Exchange Commission (SEC), noting: “We do not yet know if this inquiry will become a formal investigation.” Coinbase’s CEO on Crypto Regulation The CEO of Coinbase Global (Nasdaq:
Chicago’s heads into 2023 budget season with a $127.9 million gap to close, offering the market a key fiscal update as the buy-side heads to town for the city’s annual investors’ conference. The shortfall unveiled by Mayor Lori Lightfoot and her finance team Wednesday marks a sharp decline from the last three years. Lightfoot came
Walt Disney defied concerns about a slowdown in the streaming industry by adding 14.4mn new subscribers to its Disney Plus service in the third quarter, pushing its total number of paying streaming customers to 221mn — slightly ahead of Netflix. But Disney reduced its long-term guidance for its total number of Disney Plus subscribers due
In this article SONO DIS Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines after the bell Wednesday: Walt Disney — Shares of the entertainment company jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the previous quarter. Subscriptions came in at 152.1