News
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Internal documents reviewed by CNBC show that Tesla has slashed its workforce by at least 14% in 2024 as the electric vehicle (EV) giant grapples with tepid deliveries and falling profit margins. Regulatory… Continue reading Tesla Slashes Workforce Amid Continued Slowdown in EV Sales
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On June 21, Binance and Tether announced the successful integration of Tether (USDT) on the Toncoin Network. This innovative approach improves the accessibility and usability of USDT within the Binance TON ecosystem. Binance… Continue reading Binance Enables USDT Transactions on TON
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On July 19, India’s Financial Intelligence Unit (FIU) imposed a fine on Binance for failing to register with the regulator and comply with the country’s anti-money laundering (AML) regulations. This Binance $2.25 million… Continue reading India’s Financial Intelligence Unit Imposes $2.25M Fine on Binance for AML Violations
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Hashdex submitted an application with the Securities and Exchange Commission (SEC) on June 18 for a combined spot Bitcoin and Ethereum exchange-traded fund (ETF). An approval would see Hashdex US ETFs become the… Continue reading Hashdex Submits Proposal for First-Ever Combined Bitcoin and Ethereum ETF
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Ethiopia’s Council of Ministers approved banking reforms that propose a legal framework for developing Ethiopia’s CBDC and opening the banking sector to foreign investment. These proposed reforms, introduced under the banner of “The… Continue reading Ethiopia Initiates Introduction of CBDC as Part of Economic Reforms
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. US tech stocks, in particular the Big Tech names have created tremendous wealth for investors. On Friday, the Nasdaq closed at a record high for the fifth consecutive trading day even as the… Continue reading Tech Stocks Drive Nasdaq to Record Highs Amid Market Divergence
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On June 13, a U.S. District Court judge approved a settlement involving the Securities and Exchange Commission (SEC), Terraform Labs, and its former CEO, Do Kwon. Under the terms of this settlement, Terraform… Continue reading US Court Approves Terraform’s $4.5 Billion Settlement in SEC Fraud Case
The euro’s grip on global reserves weakens as unconventional currencies gain favor, pushing its share to a concerning 20% by year-end.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. As the July 4th UK elections approach, the cryptocurrency industry is turning its attention to Keir Starmer, the leader of the Labour Party. Current opinion polls suggest a strong performance for Labour, prompting… Continue reading How Will Keir Starmer and the Labour Party Influence UK’s Crypto Future?
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. On June 12, Amanda Pritchard, the chief executive of the United Kingdom’s National Health Service (NHS), revealed that specialist clinics are increasingly addressing a growing social need for treatment, particularly among young people… Continue reading NHS Chief Amanda Pritchard Demands Cryptocurrency Regulation Due to Growing Gambling Addiction Concerns
