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Fed meeting may test low U.S. Treasury yields

Economy20 minutes ago (Jul 26, 2021 01:27AM ET)© Reuters. FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao By Karen Pierog CHICAGO (Reuters) – The $22 trillion market for U.S. Treasury securities may get a reality check from the Federal Reserve this week following a […]

UK advertising watchdog classifies crypto ads as ‘red alert’

Cryptocurrency14 minutes ago (Jul 10, 2021 06:00AM ET) UK advertising watchdog classifies crypto ads as ‘red alert’ Amid the United Kingdom taking a tougher regulatory stance on the cryptocurrency industry, a major local advertising industry organization has announced a crackdown on crypto ads. The Advertising Standards Authority (ASA), the U.K.’s independent advertising regulator, plans to […]

ECB’s Schnabel says she doesn’t expect ‘excessively high’ inflation

Economy8 minutes ago (Jul 10, 2021 04:05AM ET)© Reuters. FILE PHOTO: Isabel Schnabel, member of the German advisory board of economic experts attends the 29th Frankfurt European Banking Congress (EBC) at the Old Opera house in Frankfurt, Germany November 22, 2019. REUTERS/Ralph Orlowski BERLIN (Reuters) – Inflation in the euro zone is unlikely to overshoot […]

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UN Commission Warns El Salvador on Risks After BTC Adoption

Cryptocurrency2 minutes ago (Jul 10, 2021 04:00AM ET)UN Commission Warns El Salvador on Risks After BTC Adoption The Economic Commission for Latin America and the Caribbean (ECLAC) raised concerns about El Salvador. ECLAC Executive Secretary thinks the BTC adoption requires more careful analysis. Bank of Russia’s deputy governor Alexey Zabotkin also shared his concerns. On […]

Nifty News: The Walking Dead invades Sandbox, mining lease NFTs, CryptoPunk in art gallery

Cryptocurrency19 minutes ago (Jul 10, 2021 03:40AM ET) Nifty News: The Walking Dead invades Sandbox, mining lease NFTs, CryptoPunk in art gallery Tokenized Walking Dead Ethereum-based NFT metaverse “The Sandbox” has partnered with Skybound Entertainment to incorporate a Walking Dead game in the virtual world. The Walking Dead is famous thanks to the TV show, however, […]

Hydro plant from 1897 earns 3x as much mining BTC as selling power to the grid

Cryptocurrency3 minutes ago (Jul 10, 2021 01:20AM ET) Hydro plant from 1897 earns 3x as much mining BTC as selling power to the grid New York’s Mechanicville Hydroelectric Plant — one of the oldest hydropower generation facilities in the United States — is now a host to Bitcoin (BTC) mining. The plant is owned by Albany Engineering […]

The Brave New World of Crypto

Cryptocurrency9 minutes ago (Jul 10, 2021 01:00AM ET) The Brave New World of Crypto The creation of cryptocurrencies made a whole new world, filled with the brightest minds and those with dubious intentions. Cryptocurrency scams have cost the industry billions of dollars and threaten to damage the reputation of the sector. Despite the antics of scammers, artists are leveraging […]

Chinese antitrust regulator blocks Tencent’s $5.3 billion video games merger

Stock Markets1 hour ago (Jul 10, 2021 12:00AM ET)© Reuters. FILE PHOTO: A Tencent logo is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang HONG KONG (Reuters) -China’s market regulator on Saturday said it would block Tencent Holdings (OTC:TCEHY) Ltd’s […]

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Canada orders 48-hour halt to train movement in parts of B.C. after wildfires

Stock Markets12 minutes ago (Jul 09, 2021 10:45AM ET)© Reuters. OTTAWA (Reuters) -Canada on Friday ordered trains to cease operations for 48 hours in areas of British Columbia hit by a recent spate of wildfires, including one that wiped out an entire town and killed two people, the transport ministry said in a statement. Transport […]

Israeli defense minister authorizes seizure of Hamas-tied crypto accounts

Cryptocurrency11 minutes ago (Jul 09, 2021 07:40AM ET) Israeli defense minister authorizes seizure of Hamas-tied crypto accounts Israeli defense minister Benny Ganz has signed an order authorizing security forces to seize cryptocurrency accounts believed to be tied to the militant wing of Hamas, the de facto ruling authority of the Gaza Strip in Palestine. Ganz has said that a […]

South Korea’s container squeeze throws exporters into costly gridlock

Economy3 minutes ago (Jul 09, 2021 03:36AM ET)© Reuters. A truck driver stands next to his truck as he gets ready to transport a shipping container at Pusan Newport Terminal in Busan, South Korea, July 1, 2021. Picture taken on July 1, 2021. REUTERS/Kim Hong-Ji/Files By Cynthia Kim BUSAN (Reuters) – Unable to get a […]

China’s auto sales down 12.4% in June – industry association

Economic Indicators40 minutes ago (Jul 09, 2021 02:55AM ET)© Reuters. Newly manufactured cars are seen at a port in Dalian, Liaoning province, China April 10, 2020. China Daily via REUTERS/Files BEIJING (Reuters) – Auto sales in China, the world’s biggest car market, fell 12.4% in June from the corresponding month a year earlier, industry data […]

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Ripple Investment in Mintable Shows Huge Development in NFT Space

Cryptocurrency1 minute ago (Jul 09, 2021 03:30AM ET)Ripple Investment in Mintable Shows Huge Development in NFT Space Crypto market shows dump whereas NFT is trending around. The NFT boom has brought new chances for artists. Ripple is not the only one trying to nudge NFT enthusiasts away from ETH. Crypto market shows dump whereas Non-Fungible tokens […]

Pfizer to seek U.S. authorization for COVID booster shot as Delta variant spreads

Stock Markets4 minutes ago (Jul 09, 2021 01:35AM ET)18© Reuters. FILE PHOTO: Syringe and vial are seen in front of displayed new Pfizer logo in this illustration taken, June 24, 2021. REUTERS/Dado Ruvic By Michael Erman and Julie Steenhuysen NEW YORK (Reuters) – Pfizer Inc (NYSE:PFE) plans to ask U.S. regulators to authorize a booster dose of […]

China’s Factory Gate Prices Slow Down in June, Consumer Inflation Eases

Economic Indicators1 hour ago (Jul 09, 2021 12:01AM ET)© Reuters. By Doris Yu Investing.com – China’s factory gate prices rose at a slower pace and consumer inflation also eased after the government stepped up efforts to rein in rising commodity prices. China’s producer price index (PPI) rose 8.8% year-on-year in June, according to the National Bureau of Statistics […]

Olympics-Tokyo Olympics organisers bow to pressure for ‘stay home’ Games

Coronavirus9 minutes ago (Jul 08, 2021 11:31PM ET)© Reuters. Tokyo 2020 President Seiko Hashimoto and CEO Toshiro Muto attend a press conference in Tokyo, Japan July 8, 2021. Behrouz Mehri/Pool via REUTERS By Ju-min Park and Linda Sieg TOKYO (Reuters) – After weeks of insisting that the Tokyo 2020 Games could go ahead with spectators, […]

Olympics-Tokyo Olympics organisers bow to pressure for ‘stay home’ Games

Coronavirus9 minutes ago (Jul 08, 2021 11:31PM ET)© Reuters. Tokyo 2020 President Seiko Hashimoto and CEO Toshiro Muto attend a press conference in Tokyo, Japan July 8, 2021. Behrouz Mehri/Pool via REUTERS By Ju-min Park and Linda Sieg TOKYO (Reuters) – After weeks of insisting that the Tokyo 2020 Games could go ahead with spectators, […]

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Biden to take aim at rail, sea shipping competition – source

Stock Markets9 minutes ago (Jul 08, 2021 08:31AM ET)© Reuters. FILE PHOTO: Shipping containers sit on train tracks downtown as the spread of the coronavirus disease (COVID-19) continues, in Los Angeles, California, U.S., April 7, 2020. REUTERS/Lucy Nicholson WASHINGTON (Reuters) – President Joe Biden will order U.S. transportation agencies in coming days to address competition […]

China scrutiny fears hit Didi for fourth day

Stock Markets3 minutes ago (Jul 08, 2021 06:27AM ET)© Reuters. FILE PHOTO: The app logo of Chinese ride-hailing giant Didi is seen reflected on its navigation map displayed on a mobile phone in this illustration picture taken July 1, 2021. REUTERS/Florence Lo/Illustration (Reuters) – Shares of Didi Global Inc dropped for the fourth day in […]

SEC Settles With 4 of 6 BitConnect Ponzi Scheme Promoters

Cryptocurrency54 minutes ago (Jul 08, 2021 05:30AM ET)1SEC Settles With 4 of 6 BitConnect Ponzi Scheme Promoters The US SEC is about to settle with 4 BitConnect promoters. The Bitcoin ponzi scheme raised over $2 billion before shutting down. Also, the settlements include hefty penalties for each promoter. The US Securities and Exchange Commission (SEC) is about […]

Italian watchdog kicks off probe into TIM sports streaming deal

Stock Markets4 minutes ago (Jul 08, 2021 06:15AM ET)© Reuters. FILE PHOTO: Internet streaming service DAZN’s logo is pictured in its office in Tokyo, Japan March 21, 2017. Picture taken on March 21, 2017. REUTERS/Kim Kyung-Hoon/File Photo MILAN (Reuters) -Italy’s antitrust regulator said on Thursday it had opened an inquiry into a deal between sports […]

Asian companies see smallest earnings upgrade in 12 months – Refinitiv data

Economic Indicators3 minutes ago (Jul 08, 2021 05:31AM ET)© Reuters. FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021. REUTERS/Aly Song (Reuters) – Asian firms received their smallest upgrade in 12 months in June, hit […]

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Volkswagen weighs appeal against EU fine over emissions tech collusion

Stock Markets8 minutes ago (Jul 08, 2021 05:20AM ET)© Reuters. FILE PHOTO: A Volkswagen logo is seen as it launches its ID.6 and ID.6 CROZZ SUV at a world premiere ahead of the Shanghai Auto Show, in Shanghai, China April 18, 2021. REUTERS/Aly Song BERLIN (Reuters) – Volkswagen (DE:VOWG_p) said on Thursday it was considering […]

US Congressman Invests In Cardano, Ethereum, and Dogecoin

Cryptocurrency23 minutes ago (Jul 08, 2021 05:00AM ET)US Congressman Invests In Cardano, Ethereum, and Dogecoin Barry Moore, US Congressman, declares his recent crypto purchases. In a Periodic Transaction Report, he says he owns ADA, DOGE, and ETH. Since his purchases, the value of his investments has fallen. United States Congressman — Barry Moore, declares his […]

China says measures against Ant to be imposed on other payment firms

Economy31 minutes ago (Jul 08, 2021 12:55AM ET)© Reuters. FILE PHOTO: A thermal imaging camera is seen in front of a logo of Ant Group at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song/File Photo BEIJING (Reuters) – China’s central bank said on Thursday […]

Organisers to ban Olympic spectators as Tokyo declares coronavirus emergency-report

World30 minutes ago (Jul 08, 2021 12:51AM ET)4© Reuters. FILE PHOTO: Passengers wearing protective face masks, amid the coronavirus disease (COVID-19) pandemic, walk at the Haneda airport, in Tokyo, Japan June 13, 2021. REUTERS/Androniki Christodoulou By Antoni Slodkowski and Eimi Yamamitsu TOKYO (Reuters) -Olympic organisers are set to ban all spectators from the Games, the […]

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DeFi aggregator Zerion snags $8.2M in Series A

Cryptocurrency1 hour ago (Jul 07, 2021 10:40PM ET) DeFi aggregator Zerion snags $8.2M in Series A Ethereum-based DeFi aggregator, Zerion, has raised $8.2 million in a Series A funding round. The non-custodial aggregation platform facilitates access to more than 60 Ethereum-based protocols, such as Aave, Yearn.finance, and Curve. Zerion has processed more than $600 million worth […]

Olympics-White House recommends rule review after Richardson ban

World10 minutes ago (Jul 07, 2021 11:25PM ET)1© Reuters. FILE PHOTO: Athletics – Ostrava Golden Spike – Municipal Stadium, Ostrava, Czech Republic – May 19, 2021 Sha’Carri Richardson of the U.S. on her way to win the 200m Women REUTERS/David W Cerny By Amy Tennery (Reuters) -The White House on Wednesday said it may be […]

Japan to declare COVID-19 emergency for Tokyo as it mulls Olympics without fans

World1 hour ago (Jul 07, 2021 10:25PM ET)3© Reuters. FILE PHOTO: Passengers wearing protective face masks, amid the coronavirus disease (COVID-19) pandemic, walk at the Haneda airport, in Tokyo, Japan June 13, 2021. REUTERS/Androniki Christodoulou By Antoni Slodkowski and Eimi Yamamitsu TOKYO (Reuters) -Japan is set to declare a state of emergency for Tokyo that […]

Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2

Cryptocurrency8 minutes ago (Jul 07, 2021 01:00AM ET)Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2 Bitcoin’s second-quarter price battering has pundits speculating that Tesla (NASDAQ:TSLA) may have to report a loss of up to $100 million for Q2. With the price of Bitcoin recently dropping to revisit levels last […]

Japan’s Nomura plans to suspend part of cash-prime brokerage business – source

Stock Markets16 minutes ago (Jul 07, 2021 12:25AM ET)© Reuters. Investors stand in front of a screen showing the logo of Nomura Holdings in Tokyo, Japan, in this December 1, 2015 file photo. REUTERS/Toru Hanai/Files TOKYO (Reuters) – Nomura Holdings (NYSE:NMR) Inc plans to suspend part of its cash-prime brokerage business after sustaining a $2.9 billion hit […]

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Goldman Sachs: Ethereum’s popularity could see ETH become dominant store of value

Cryptocurrency17 minutes ago (Jul 07, 2021 12:20AM ET) Goldman Sachs: Ethereum’s popularity could see ETH become dominant store of value Goldman Sachs (NYSE:GS) said in a note to clients on Tuesday that the blockchain with the highest “real use potential” is Ethereum, suggesting its ETH could become the dominant digital store of value. As such, Goldman […]

Chinese banks tell staff to recruit up to 300 new digital yuan users each

Cryptocurrency21 minutes ago (Jul 06, 2021 11:20PM ET) Chinese banks tell staff to recruit up to 300 new digital yuan users each Chinese banks have begun a hard sell of digital yuan wallets, asking staff to recruit hundreds of new users each year. According to a translation of a June 6 article from Shenlian Caijing, employees of […]

Sydney COVID-19 lockdown extended in bid to quash ‘game-changer’ Delta variant

World16 minutes ago (Jul 06, 2021 11:20PM ET)© Reuters. A lone woman wearing a protective face mask pulls a suitcase through the city centre during a lockdown to curb the spread of a coronavirus disease (COVID-19) outbreak in Sydney, Australia, July 6, 2021. REUTERS/Loren Elliott By Renju Jose SYDNEY (Reuters) -The leader of Australia’s New […]

Mass-testing reduced Liverpool COVID-19 cases by a fifth, study finds

Coronavirus3 hours ago (Jul 06, 2021 08:30PM ET)4© Reuters. FILE PHOTO: People queue at the coronavirus disease (COVID-19) testing centre in Liverpool, Britain November 6, 2020. REUTERS/Carl Recine LONDON (Reuters) – A mass rapid-testing scheme reduced COVID-19 cases in the English city of Liverpool by more than a fifth, researchers said on Wednesday, arguing it […]

Crypto Analyst: Ethereum Exchange Reserves Hits New Low in 2 Years

Cryptocurrency15 minutes ago (Jul 06, 2021 08:00AM ET)© Reuters Crypto Analyst: Ethereum Exchange Reserves Hits New Low in 2 Years Ethereum exchange reserves hit a new low for the first time in over two years. The crypto analyst said the number dropped from 26 million from to less than 21 million According to a crypto expert, […]

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Subway revamps menu, boosts ad spend to win back customers

Stock MarketsJust Now (Jul 06, 2021 08:11AM ET)© Reuters. The logo of Subway fast food chain is seen behind a traffic sign in Vienna, Austria, July 7, 2016. REUTERS/Heinz-Peter Bader/Files By Hilary Russ (Reuters) – Subway is overhauling its menu and pouring money into marketing as the world’s biggest restaurant chain by number of stores […]

Russian law on bubbly no cause to pop open the ‘shampanskoye’, says Abrau-Durso

Stock Markets7 minutes ago (Jul 06, 2021 07:52AM ET)© Reuters. MOSCOW (Reuters) – Russian winemaker Abrau-Durso said a new law requiring bottles of French champagne and other foreign fizz to have a reference to “sparkling wine” on the bottle would do little to spur on sales of Russia’s “shampanskoye”. President Vladimir Putin, in the latest […]

Celebrating nation’s birth, Biden urges Americans to help end COVID-19 pandemic

Coronavirus21 hours ago (Jul 05, 2021 05:02AM ET)38© Reuters. FILE PHOTO: U.S. President Joe Biden poses with supporters after touring King Orchards farm in Central Lake, Michigan, U.S., July 3, 2021. REUTERS/Joshua Roberts By Trevor Hunnicutt (Reuters) – U.S. President Joe Biden celebrated the nation’s 245th birthday on Sunday by opening the gates of the […]

Fed pivot, inflation boost emerging market interest rate hikes in June

Economy2 minutes ago (Jul 06, 2021 02:05AM ET)© Reuters. FILE PHOTO: The facade of the Bank of Mexico building is pictured in downtown Mexico City, Mexico February 28, 2019. REUTERS/Daniel Becerril/File Photo By Karin Strohecker and Ritvik Carvalho LONDON (Reuters) – Emerging markets saw more interest rate hikes in June as a hawkish pivot from […]

YouTuber accused of engineering multi-million pump n dump via Uniswap

Cryptocurrency2 minutes ago (Jul 06, 2021 02:00AM ET) YouTuber accused of engineering multi-million pump n dump via Uniswap An ex-Google tech lead and YouTuber with more than 1.1 million subscribers has been accused of engineering a multi-million dollar “pump and dump” scheme. Patrick Shyu, known pseudonymously as TechLead on YouTube, launched the Million token (MM) […]

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Didi cybersecurity probe blindsides shareholders days after debut

Stock Markets6 minutes ago (Jul 05, 2021 11:22PM ET)© Reuters. FILE PHOTO: The app logo of Chinese ride-hailing giant Didi is seen reflected on its navigation map displayed on a mobile phone in this illustration picture taken July 1, 2021. REUTERS/Florence Lo/Illustration/File Photo By Julie Zhu, Kane Wu and Scott Murdoch HONG KONG (Reuters) – […]

Asian Stocks Up, Investors Digest Implications of Collapse in OPEC+ Talks

Stock Markets55 minutes ago (Jul 05, 2021 10:18PM ET)© Reuters. By Gina Lee Investing.com – Asia Pacific stocks were mostly up Tuesday morning alongside soaring crude oil prices even as investors digested a breakdown in Organization of the Petroleum Exporting Countries and allies (OPEC+) talks over output. Japan’s Nikkei 225 was up 0.34% by 10:07 PM ET (2:07 AM GMT) and […]

Britain proposes tech company listing reforms to catch up with New York

Stock MarketsJust Now (Jul 05, 2021 07:11AM ET)© Reuters. FILE PHOTO: People walk past the entrance of the London Stock Exchange in London, Britain. Aug 23, 2018. REUTERS/Peter Nicholls By Huw Jones LONDON (Reuters) -Britain’s financial watchdog on Monday proposed making it easier for tech companies to list in London to strengthen the capital’s ability […]

Ask us first before swapping Libor with ‘risk-laden’ rate, says UK watchdog

Stock MarketsJust Now (Jul 05, 2021 06:11AM ET)© Reuters. FILE PHOTO: The City of London financial district can be seen as people walk along the south side of the River Thames, amid the coronavirus disease (COVID-19) outbreak in London, Britain, March 19, 2021. REUTERS/Henry Nicholls By Huw Jones LONDON (Reuters) – Banks should ask the […]

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Marketmind: After payrolls, now what?

Economy32 minutes ago (Jul 05, 2021 03:16AM ET)© Reuters. FILE PHOTO: The bull, symbol for successful trading, is seen in front of the German stock exchange in Frankfurt, Germany, February 12, 2019. REUTERS/Kai Pfaffenbach/File Photo A look at the day ahead from Danilo Masoni. The first full week of July kicks off with investors starting […]

Wyoming Paves the Way, Approves First DAO in the USA

Cryptocurrency13 minutes ago (Jul 05, 2021 03:30AM ET)Wyoming Paves the Way, Approves First DAO in the USA Wyoming has just become the first state to legally recognize a DAO. As of July 4th, the country sees the American CryptoFed DAO as a legal entity. Other notable figures and firms approve the move. Wyoming, the crypto-positive […]

Nordic fund KLP excludes 16 companies over links with occupied West Bank

Stock Markets3 minutes ago (Jul 05, 2021 12:55AM ET)© Reuters. FILE PHOTO: A Jewish settler walks past Israeli settlement construction sites around Givat Zeev and Ramat Givat Zeev in the Israeli-occupied West Bank, near Jerusalem June 30, 2020. REUTERS/Ammar Awad/File Photo By Gwladys Fouche and Simon Jessop OSLO (Reuters) – Norway’s largest pension fund KLP […]

Maker (MKR): Recent Developments, Community, Future Events

Cryptocurrency17 minutes ago (Jul 05, 2021 12:00AM ET) Maker (MKR): Recent Developments, Community, Future Events Stablecoins are now popular cryptocurrencies which have now become favourites to some investors due to the high volatility of traditional cryptocurrencies. MakerDAO’s Dai, a decentralized stablecoin that is linked to the US Dollar, is on its way to the top with its […]

Sydney Airport gets $16.7 billion buyout bid; stock surge misses offer price

Stock Markets6 minutes ago (Jul 04, 2021 10:51PM ET)© Reuters. FILE PHOTO: Passengers walk with their luggage towards departure gates at Sydney International Airport in Australia, October 25, 2017. Picture taken October 25, 2017. REUTERS/Steven Saphore By Jamie Freed and Scott Murdoch SYDNEY (Reuters) -Sydney Airport Holdings Pty Ltd on Monday said a group of […]

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U.S. administers 330.6 million doses of COVID-19 vaccines – CDC

Coronavirus8 hours ago (Jul 04, 2021 02:50PM ET)© Reuters. FILE PHOTO: A healthcare worker prepares a dose of the Johnson & Johnson vaccine for the coronavirus disease (COVID-19) during the opening of the MTA’s public vaccination program where rail customers who receive vaccinations also receive free rail passes (Reuters) – The United States has administered […]

Asian stocks extend global rally after U.S. jobs report

Stock Markets18 minutes ago (Jul 04, 2021 10:30PM ET)© Reuters. FILE PHOTO: A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-Hoon By Kevin Buckland TOKYO (Reuters) – Most Asian stocks gained on Monday, extending the rally that took global equities […]

London fork enters testnet on Ethereum as difficulty bomb sees delay

Cryptocurrency5 minutes ago (Jul 04, 2021 11:20AM ET) London fork enters testnet on Ethereum as difficulty bomb sees delay The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly anticipated Ethereum Improvement Proposal (EIP) 1559. Following the launch on the Ropsten testnet, the London upgrade will […]

Four dead from devastating Cyprus forest fire

World4 minutes ago (Jul 04, 2021 10:01AM ET)© Reuters. A general view of a wildfire in the Larnaca mountain region, Cyprus July 3, 2021. Picture taken July 3, 2021. REUTERS/George Christophorou NICOSIA (Reuters) -Four people were found dead on Sunday as a huge fire raged for a second day in Cyprus, razing tracts of forest […]

How excess cash is playing out in U.S. reverse repo and money markets

Economy33 minutes ago (Jul 04, 2021 09:25AM ET)© Reuters. FILE PHOTO: An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. debt ceiling comes back into effect at the end of July, putting pressure on the Treasury to reduce its […]

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Didi app suspended in China over data protection

World15 minutes ago (Jul 04, 2021 09:35AM ET)© Reuters. FILE PHOTO: A navigation map on the app of Chinese ride-hailing giant Didi is seen on a mobile phone in front of the app logo displayed in this illustration picture taken July 1, 2021. REUTERS/Florence Lo/Illustration BEIJING (Reuters) -China’s cyberspace administration said on Sunday that it […]

$200M hedge fund pauses crypto arbitrage trading amid market downturn

Cryptocurrency6 minutes ago (Jul 04, 2021 09:40AM ET) $200M hedge fund pauses crypto arbitrage trading amid market downturn Crypto hedge fund Nickel Digital Asset Management cycled into a cash position following the crypto market collapse of May. According to Bloomberg, the $200 million crypto hedge fund led by JPMorgan (NYSE:JPM) and Goldman Sachs (NYSE:GS) alumni redeployed its […]

What’s next for Amazon’s Bezos? Look at his Instagram

Stock Markets16 minutes ago (Jul 04, 2021 09:26AM ET)11© Reuters. FILE PHOTO: Founder, Chairman, CEO and President of Amazon Jeff Bezos unveils his space company Blue Origin’s space exploration lunar lander rocket called Blue Moon during an unveiling event in Washington, U.S., May 9, 2019. REUTERS/Clodagh Kilcoyne By Jeffrey Dastin (Reuters) -Dwayne “The Rock” Johnson […]

Trustless bridges may be the key to blockchain interoperability

Cryptocurrency1 hour ago (Jul 04, 2021 05:20AM ET) Trustless bridges may be the key to blockchain interoperability Crypto and blockchain enthusiasts take pride in belonging to a community that is working on the future of financial systems. Yet, the community is innately fragmented thanks to multiple blockchains working independently of each other. The dream of […]

After year of pandemic cancellations, Americans celebrate July Fourth with a bang

World7 minutes ago (Jul 04, 2021 06:13AM ET) By Barbara Goldberg NEW YORK (Reuters) – Americans mark their nation’s 245th birthday on Sunday with fireworks that may look brighter, hotdogs that may taste juicier and marching bands that may sound jauntier after the pandemic forced the cancellation of nearly all celebrations last year. As always, […]

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