News Desk Archives - Economy Watch

Uniswap Hits Record Daily Volume Amid Whale-Led Altcoin Rotation

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Uniswap, the leading decentralized exchange (DEX) on Ethereum, has recorded its highest-ever daily trading volume, surpassing $3.1 billion in swaps on Friday. The surge comes as several crypto whales initiated large-scale altcoin rotations,… Continue reading Uniswap Hits Record Daily Volume Amid Whale-Led Altcoin Rotation

Source: Midjourney

Citibank Under Fire for Allegedly Ignoring $20M Crypto Pig-Butchering Romance Scam

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Citibank faces a lawsuit in Manhattan federal court after plaintiff Michael Zidell accused the bank of “turning a blind eye” to suspicious transactions tied to a $20 million crypto pig-butchering romance scam. Zidell… Continue reading Citibank Under Fire for Allegedly Ignoring $20M Crypto Pig-Butchering Romance Scam

Source: Unsplash

South Korea’s Banks Set to Launch Won-Pegged Stablecoin Amid Currency Policy Concerns

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. South Korea plans to introduce a stablecoin tied to its fiat currency (Won), and big commercial banks are set to lead the effort. On June 24, Bank of Korea Deputy Governor Ryoo Sang-dai… Continue reading South Korea’s Banks Set to Launch Won-Pegged Stablecoin Amid Currency Policy Concerns

Coinbase Defends Crypto ETFs Against Senatorial Criticism

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On March 15, Coinbase’s chief legal officer, Paul Grewal, voiced his support for the approval of Bitcoin exchange-traded funds (ETFs). This came in response to the letter of two U.S. senators requesting the… Continue reading Coinbase Defends Crypto ETFs Against Senatorial Criticism

Is Bitcoin Minetrix the Best Crypto to Buy Now?

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. With the crypto industry performing dismally in the last four months, many investors are wondering whether this is the best time to invest. Bitcoin, the world’s largest crypto, has plummeted by about 10%… Continue reading Is Bitcoin Minetrix the Best Crypto to Buy Now?

Airline SAS network targeted by hackers after the app was compromised

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. There has been a notable increase in cybersecurity attacks targeting various sectors, including the airline industry. SAS, an airline based in Scandinavia, has said it was targeted by a cybersecurity attack earlier this… Continue reading Airline SAS network targeted by hackers after the app was compromised

CySEC and BCM Begin reached a €100k settlement

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. A well-known CFD and forex broker, BCM Begin Capital Markets, recently paid €100,000 as part of the settlement that it reached with Cyprus’ Securities and Exchange Commission (CySEC). The company was charged with… Continue reading CySEC and BCM Begin reached a €100k settlement

LiteFinance Says Traders Should Expect An Unstable Market During US Midterms

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Retail forex and contracts for difference (CFDs) broker LiteFinance have warned customers that they may experience an “unstable market” before and after the US mid-term elections. The election is usually conducted to elect… Continue reading LiteFinance Says Traders Should Expect An Unstable Market During US Midterms

FILE- In this Sept. 30, 2020, file photo, a Boeing 737 Max jet, piloted by Federal Aviation Administration (FAA) chief Steve Dickson, prepares to land at Boeing Field following a test flight in Seattle. Boeing says it has informed 16 of its customers that they should address a possible electrical issue in certain 737 Max aircraft before using them further. Boeing said Friday, April 9, 2021, that the recommendation was made “to allow for verification that a sufficient ground path exists for a component of the electrical power system.” (AP Photo/Elaine Thompson, File)

Boeing Wants Same Regulatory Standard For Commercial Jets To Apply To Air Taxi

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Boeing has urged regulators to improve air taxi safety regulatory standards to the commercial jets standards to improve overall safety. The company argued that the short flights on demand should not be placed… Continue reading Boeing Wants Same Regulatory Standard For Commercial Jets To Apply To Air Taxi

Renga NFT Price Pump – How High Can it Go, Is it The Next BAYC?

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Renga has seen an explosion in price with some pundits drawing similarity between it and the early stages of the Bored Ape Yacht Club. Renga makes its move If you’re not in the… Continue reading Renga NFT Price Pump – How High Can it Go, Is it The Next BAYC?