P0x Labs, the cryptographic development team behind Manta Network, has announced that it raised $25 million in a Series A funding round, with leading contributions from Polychain Capital and Qiming Venture Partners. The funding gives the company a $500 million valuation. Additionally, Manta Network has introduced the testnet of its layer-2 infrastructure, Manta Pacific, within
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Cryptocurrency exchanges are finding novel ways to improve internal departments and functions using artificial intelligence, according to Bitget managing director Gracy Chen. Speaking to Cointelegraph editor Zhiyuan Sun during EthCC in Paris, the exchange’s MD highlighted a number of ways in which the exchange is incorporating AI tools into everyday processes. Chen said that the company
Global securities marketplace Nasdaq is halting the launch of its own cryptocurrency custody that it previously planned to launch by the end of the second quarter 2023. Nasdaq has suspended the launch of its digital asset custody business because of regulatory risks, the company announced during the Q2 results call. The firm noted that it
Since 2021, pop superstar Taylor Swift has been rerecording and releasing her entire back catalog of albums in an effort to break away from her previous record label and gain greater control over her art. The fact she has to go through such a painstaking, expensive process just to recover what most would consider rightfully
In this article JBHT WAL GS JOBY Follow your favorite stocksCREATE FREE ACCOUNT A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Check out the companies making headlines before the bell: Carvana — Carvana jumped 16% after the online auto retailer reached a deal with noteholders to
Typically, luxury homes in Whitefish, Montana, are designed to fit into the spectacularly rugged landscape. Dominant styles are traditional mountain and glass-filled mountain modern, which rely on using natural materials with wood and stone accents. But there are exceptions. The contemporary lakefront home takes its cues from coastal Carolina cottages thousands of miles … [+]
Goldman Sachs has slumped to its lowest quarterly profit in three years, as a costly retreat from consumer banking deepened the pain of the industry-wide slowdown in deals and trading. Net income plunged by almost two-thirds to $1.1bn in the second quarter, down from $2.8bn a year earlier, Goldman said on Wednesday. The Wall Street
Blaine, Minnesota. Brand new townhomes for sale with new construction financing and a builders credit of $4,500 to attract new buyers. Michael Siluk | Universal Images Group | Getty Images Mortgage interest rates pulled back last week after jumping sharply to start July. That lit a fire under refinance demand but did little to help
Here is an economic forecast. There will be no credible low-tax option for British voters at the next election. Whatever leaders might say, there is no near-term strategy that reduces the rising tax burden. This is not the impression either of the two parties with a chance of forming the next government (for argument’s sake
Shares in UK property groups and housebuilders surged on Wednesday as investors dialled back their expectations for where interest rates might peak after inflation fell more than expected in June. Persimmon climbed 8.3 per cent, while Barratt Developments and Taylor Wimpey rose 7 per cent and 6.8 per cent respectively, helping London’s FTSE 100 close
Bitcoin (BTC) is still almost a year away from its next block reward halving, but Litecoin (LTC) miners are already bracing for impact. In less than two weeks, Litecoin’s block subsidy will drop from 12.5 LTC to 6.25 LTC per block. Whales stock up on LTC — but BTC value stays weak Despite its fair
Vitalik Buterin portrait from 2014 auctioned as NFT An image of the Ethereum co-founder Vitalik Buterin taken back in 2014 is being auctioned off as a nonfungible token (NFT). The portrait was taken by Canadian photographer Andrew Miller and was taken before the popular developer became famous for the blockchain network. The NFT sale also
It would be easy for western policymakers to conclude that Vladimir Putin’s attempt to weaponise energy supplies ended in failure. Europe avoided blackouts last winter, despite Russia slashing gas supplies that once met 40 per cent of demand. Prices have fallen more than 90 per cent from their peak last August, and European storage facilities
Bitcoin (BTC) mining companies are employing derisking strategies by offloading BTC to exchanges, according to a market report from Bitfinex. The cryptocurrency trading platform’s latest newsletter addresses the Bitcoin mining sector at length, highlighting a recent surge in miners selling large volumes of BTC to exchanges. This has led to a corresponding increase in the
A wallet address containing pre-mined Ethereum worth $116 million moved its entire stash of 61,216 Ether (ETH) to an address in the Kraken crypto exchange after lying dormant for eight years. In June 2014, the Ethereum ecosystem conducted a sale event, allowing early team members and co-founders to participate and accumulate pre-mined Ether, at a
UK inflation eased more than expected to 7.9 per cent in June, providing some relief for the Bank of England ahead of its decision on interest rates next month. Annual inflation was down from 8.7 per cent in May, the Office for National Statistics said on Wednesday. It was lower than the 8.2 per cent
Democratic presidential candidate Robert F. Kennedy Jr. has promised to progressively back the United States dollar with Bitcoin (BTC) if he is elected president. Speaking at a July 19 Heal-the-Divide PAC event, Kennedy claimed that backing the U.S. dollar with what he called “hard currency,” including gold, silver, platinum or Bitcoin, could help to re-stabilize
Many beginners try to find the bottom of the stock or when to get in and when to get out of a stock. You are always trying to find the lowest point however it is very difficult to find or catch the lowest point of a stock. How does a stock move lower? If a
Corporate and institutional depositors are demanding higher rates on their deposits, putting pressure on US bank profit margins and signalling that lenders are running out of room to wring more revenue from tighter monetary policy. As the US Federal Reserve has aggressively increased rates, large American banks, in particular, have been able to increase what
What should an oil company like ExxonMobil do about the alarming spate of heatwaves, rainstorms and wildfires raging across the world? How should Shell or Saudi Aramco respond to the record-shattering rise in global temperatures we are seeing at what appears to be just the start of a serious warming El Niño event? These questions
It is easy to forget that early in Joe Biden’s presidency he made a bridge-building overture to Vladimir Putin. During the 2020 campaign, Biden barely mentioned Russia as a geopolitical rival to the US. China hogged all the attention. At the Geneva summit with his Russian counterpart in June 2021, the US president went to