Conic Finance, a liquidity pool balancing platform for the decentralized finance (DeFi) protocol Curve, has suffered an exploit on the Ethereum omnipool. Conic Finance has been exploited for $3.26 million in Ether (ETH), the Web3 risk-alert source Beosin Alert reported on July 21. Nearly the entire amount of stolen cryptocurrency was sent to a new
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Christopher Nolan enters the dining room in a dark sports jacket and blue button-down shirt, far exceeding the dress requirements at Little Dom’s, a local favourite in Los Angeles’s hip Los Feliz neighbourhood. This is perhaps not too surprising from a man who directs his films wearing a waistcoat and blazer, a high sartorial standard that
Borrowers are facing difficulties budgeting for cars and white goods, as rising rates and a squeeze on interest-free offers from lenders puts the brakes on demand for UK consumer credit. Introductory periods on credit cards have shrunk by nearly one-fifth since the middle of last year, according to data from provider Moneyfacts. This has reduced
Greg Hands, Conservative party chair, on Friday morning surveyed a scene of by-election devastation in two rock-solid Tory seats in Yorkshire in the north and Somerset in the south of England and admitted: “We need to do better.” The Tory defeats in Selby and Ainsty, and Somerton and Frome were on a massive scale, the
The United States Department of Justice (DoJ) filed a complaint against FTX founder Sam Bankman-Fried (SBF), accusing him of leaking the private papers of Caroline Ellison, who was once his business ally and romantic partner. In a new complaint filed on July 20, the DoJ accused Bankman-Fried of an attempt to interfere with a fair
THG has sold two lossmaking businesses for £4mn as part of the ecommerce group’s streamlining effort to reverse lacklustre performance and regain confidence from investors. The London-listed group said on Friday it sold entertainment products division THG OnDemand to a company led by the unit’s management and funded by investment firm Gordon Brothers. It added
Bitcoin (BTC) is lining up a burst of volatility that could rival its 40% January gains, on-chain data suggests. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed the tightest Bollinger Bands since the start of 2023. BTC price due “strong moves” — but direction unknown BTC price has
Crime in Web3 is shifting away from Bitcoin (BTC) to stablecoins while ponzi schemes remain prevalent, according to Elliptic’s former head of technical crypto advisory. Tara Annison shared the latest insights from the murky world of cryptocurrency-related crime during a presentation on the final day of EthCC in Paris, addressing a wide variety of ways in
European stocks fell on Friday, as the tech sell-off on Wall Street sent jitters through the market while investors prepared for key central banks to announce their latest policy decisions next week. Germany’s tech-heavy Dax index was the biggest faller in Europe, down 0.6 per cent. The region-wide Stoxx 600 lost 0.1 per cent, as
Nigel Farage, the Brexit-backing politician, this week released a memo from Coutts, the UK private bank, suggesting it dropped him as a customer more because it abhorred his views than because he had failed its financial criteria. Farage then condemned this as “the march of woke corporatism”. Rishi Sunak, prime minister, has pledged to crack
Good morning. Three different by-elections have yielded three different winners. The Liberal Democrats have taken Somerton and Frome while Labour has won Selby and Ainsty, the second-largest by-election swing from Tory to Labour at a by-election ever. But the Conservatives have held Ruislip and Uxbridge by 495 votes. So, something for everyone there. Some thoughts
The Vermont Department of Financial Regulation (DFR), a United States state agency, warned citizens against rising crypto investment frauds perpetrated over popular social media sites. On June 25, 74-year-old Naum Lantsman lost his life savings — $340,000 — to a crypto scam orchestrated over Instagram and Telegram. The DFR referenced the incident as it stressed
UK public sector borrowing unexpectedly fell in June, helped by lower interest payments and stronger tax receipts. Public sector net borrowing hit £18.5bn last month, £0.4bn lower than in the same month in 2022, but the third-highest June borrowing since monthly records began in 1993, according to data published by the Office for National Statistics
Today I’m going to talk about why would you sell a put rather than buy a call when you’re trading options? Both of those are looking for the stock to move in the upward direction. So why would you do one over the other? In this video I’ll explain it to you. Check it out!
It took five men less than two minutes — and a lot of brute force — to steal a six-digit sum of euros in cash. At 2.30am on a Thursday late last month, they planted bombs beside four cashpoints inside a bank lobby in a sleepy Frankfurt suburb. After a series of blasts, they seized
Three and a half years ago I had a New Year’s Eve that I will never forget. Not because of a spectacular house party or dazzling fireworks display, but because I got stranded in a tiny Australian beach town when the only road out became cut off by a rapidly approaching bushfire. Lunch was coated
Several months into Vladimir Putin’s invasion of Ukraine, a veteran of Russia’s mass privatisations in the 1990s received a call from an “old-time friend”. “This is privatisation 2.0!” the friend exclaimed enthusiastically, suggesting they join forces “like in the good old times” to get hold of factories owned by western companies that now wanted to
For most of the border along the 38th parallel, the two Koreas are divided by fences, anti-tank barriers and a wide no-man’s-land filled with millions of landmines. But nothing separates the two warring parties at the “joint security area” in the village of Panmunjom, where an armistice ending fighting in the Korean war was signed
The market capitalization of stablecoins has hit the lowest level since August 2021 coming on the back of 16 consecutive months of decline, a new report says. Cryptocurrency analytics platform CCData released a report on July 20 saying the stablecoin market cap fell 0.82% from the start of the month until July 17, taking the
Rishi Sunak’s Conservatives have narrowly held on to the Uxbridge and South Ruislip seat in an unexpected UK parliamentary by-election result but were poised to lose two other seats in a night of political drama. Sunak’s ruling party retained the London seat vacated by former premier Boris Johnson by fewer than 500 votes, but the
This technical tool should be applied whenever it looks like the market is running too hot. Microsoft: https://www.zacks.com/stock/quote/MSFT?cid=CS-YOUTUBE-FT-VID Apple: https://www.zacks.com/stock/quote/AAPL?cid=CS-YOUTUBE-FT-VID Facebook: https://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch