Tag: finance

Transit Swap ‘hacker’ returns lion’s share of $23M in stolen funds: Finance Redefined

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Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The TranitSwap hacker that got away with $23 million has returned 70% of the stolen funds. The return was possible due to quick actions from on-chain data analytic firms who managed to find the hacker’s IP…

Reef Finance (REEF) Continues With Green Days; How Long With This Last?

REEF price continues to show the market how it is done as price trends in the green zone for two straight days.  REEF trades above key resistance as price breaks out of range holding above 8 and 20-day EMA. The price of REEF eyes a recapture of $0.01 as key resistance was flipped into support.  The price of Reef Finance has continued to show its strength as price trends with double-digit gains against tether (USDT) on two separate days in a row. With the crypto market cap bouncing from its…

NATIONAL EMERGENCY [Protesters SWARM] in Sri Lanka 👉 Country Declares BANKRUPTCY! [Bitcoin News]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Protesters SWARM as Sri Lanka Declares BANKRUPTCY! Bitcoin & Crypto’s Star Continues to RISE! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Sri Lanka is bankrupt | Worst financial crisis in DECADES 2:01 – How did Sri Lanka get to this point? 4:23 – Bank runs & protests abound 5:19 – Bitcoin can help fix this 6:01 – Bank of England Wants Stricter Rules for…

Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’ – Finance Bitcoin News

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A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited partnership.” Traditional Limited Partnership According to a filing lodged with the U.S. Securities and Exchange Commission (SEC), Fidelity planned to launch an Ethereum index on October 4, 2022. As per the filing, a minimum investment accepted from an outsider interested in…

Evaluating FDI Performance, CryptoCurrency Market

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Despite the myriads of challenges confronting the Nigerian economy, the country has emerged the fastest-growing hub on the continent in terms of capital investments. According to a recent report by global auditing firm Ernst and Young titled ‘Africa Attractiveness Report 2021’ Nigeria emerged the fastest-growing hub on the continent in 2020 in terms of capital investments, attracting $6.6 billion, followed by South Africa attracting $3.8 billion, Angola attracting $3.1 billion and Morocco with $2.4 billion in investments. However, with the global cryptocurrency…

"Everyone Will Be Wiped Out In 30 Days" – Cathie Wood Market Update, Bitcoin & Ethereum Prediction

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “Everyone Will Be Wiped Out In 30 Days” – Cathie Wood Market Update, Bitcoin & Ethereum Prediction and latest interview on recession, inflation, portfolio, bitcoin, crypto and stock market Cathie Wood believes the Federal Reserve is making a dire mistake with their monetary policy and thinks that more pain is coming for Equity and Stock markets over the coming months. At the same time, Cathie Wood is still Bullish as EVER on Bitcoin, Ethereum and the cryptocurrency space as a whole and…

*THIS* Catalyst Will Trigger a Bitcoin ‘Mega Bull Market’! (+ Algorand, Cardano, & Ethereum)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BILLIONs are about to enter the crypto markets… Here is what you need to know! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! Follow us on Twitter: Timestamps: 0:00 – Introduction (Watch The Whole Video) 0:30 – Billions of People to Use Crypto Tech Soon (CNBC CLIP) 1:51 – Cardano Creator Says *THIS* Catalyst Will Trigger ‘Mega Bull Market’ 3:31 – This would TANK the market 4:07 – Worried about Gary, the…

Bank of Russia Adds Digital Assets to Banking Chart of Accounts – Finance Bitcoin News

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Central Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the future, financial institutions will be able to provide data about operations with these assets. Russian Banks to Record Digital Currencies as Assets in Their Accounting Books The Central Bank of the Russian Federation (CBR) has released the draft of the updated banking chart of accounts for next year. Starting from 2023, Russian lenders will be required to account for new…

CME Group to Face off With FTX After Filing for Futures Commission Merchant Status – Finance Bitcoin News

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According to a recent report, the world’s largest derivatives exchange CME Group is looking to register as a direct futures commission merchant (FCM). CME Group’s decision follows the digital currency exchange FTX, as the crypto company applied to become a derivative clearing organization and awaits approval from the U.S. Commodity Futures Trading Commission (CFTC). If CME Group is approved to be an FCM, the company can bypass third-party brokers and offer futures directly on the CME platform. Derivatives Exchange CME Group Registers for FCM While FTX Awaits CFTC Approval The…