BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the network, according to an April 4 report from blockchain security firm Immunefi. The report, titled “Crypto Losses in Q1 2023,” investigated a variety of crypto hacks and
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New York City’s real estate market reacted strongly to the economic uncertainty of 2023’s first quarter. Many buyers throughout our market put their plans on hold in the wake of the 50 basis point increase in the Fed rate during the month of December (which followed several 75 basis point increases). Mortgage rates continued to
Dakar, the capital of the West African nation of Senegal, now boasts an annual Pan-African Bitcoin conference, over 10 merchants accepting Bitcoin, a local peer-to-peer BTC exchange and a budding Bitcoin community. What’s more, the speed at which Bitcoin’s progress is unwinding is staggering. The city hosted the DakarBTC Days conference just 10 months after
Saudi Arabia’s sovereign wealth fund has disclosed investments in dozens of private equity and venture capital firms via its Sanabil Investments arm, including Blackstone and General Atlantic. The firms were listed on Sanabil’s website, which said it invests about $2bn in capital a year in “venture, growth capital and small buyouts.” Others include KKR, Hellman
A new home search site launched last week that aims to bring the process of finding a home to consumers without the for-profit model that has accompanied most real estate search sites since they first disrupted the industry nearly 20 years ago. Nestfully, a joint launch with several of the largest multiple listing services in
Ethereum surged to an eight-month high on Tuesday, as bulls began to gradually return to cryptocurrency markets. As the session matured, the global market cap moved higher, and is up by 1.27% at the time of writing. Bitcoin moved closer to a key resistance level at $28,500. Bitcoin Bitcoin (BTC) continued to trade close to
In this article BA TSLA BURL PRU Follow your favorite stocksCREATE FREE ACCOUNT The Etsy website Gabby Jones | Bloomberg | Getty Images Etsy — The e-commerce company’s shares rose 3.9% after Piper Sandler upgraded them to overweight from neutral. The firm said that it thinks Etsy’s marketplace strengths will “help reaccelerate active buyer growth.”
Sterling has risen to its highest level against the US dollar in 10 months, helped by recent signs of resilience in the UK economy that have bolstered investor expectations of further rises in interest rates. The pound climbed as much as 0.8 per cent on Tuesday to $1.252, helped by a broad retreat for the
Imagine that you lead one of the many countries caught between the US and China. Yours, Ambivaland, is in south-east Asia. It needs Chinese trade but finds Beijing high-handed. It looks to America for security and technology but mistrusts the west. Even its own political model is hard to place on the spectrum from liberal
The Zambian kwacha, one of the best-performing currencies in 2022, is now expected to see its first quarterly decline in nearly two years. The Zambian leader Hakainde Hichilema claimed that stalled debt restructuring negotiations are adding to pressure against the local currency. Zambia’s Debt Default After ending 2022 as one of Africa’s best-performing currencies, the
Dogecoin (DOGE) pared a portion of its massive daily gains on April 4 as investors speculated on the meaning behind Elon Musk’s latest cryptic stunt. Elon Musk pumps Dogecoin by over 30% In what appears to be a late April Fool’s joke, Musk-owned Twitter changed its official blue bird logo to mimic Dogecoin’s symbol —
The writer is author of ‘Erdoğan’s War: A Strongman’s Struggle at Home and in Syria’ Turkey’s presidential and parliamentary elections on May 14 will pose a key question of our time: is it possible to slow authoritarian backsliding and renew democratic progress? At a time of autocratic surge, it has become fashionable to make bleak
Jamie Dimon has criticised regulators in the wake of the banking turmoil for incentivising banks to load up on government securities and imposing flawed stress tests. Dimon said the failure last month of Silicon Valley Bank and the Swiss government-engineered takeover of Credit Suisse risked undermining confidence in the banking industry and had prompted investors
Bitcoin (BTC) hit new month-to-date lows overnight into April 4 as fresh rumors over the biggest exchange, Binance, spooked fragile markets. BTC price returns to $28,000 after weekly lo Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $27,240 on Bitstamp. Its lowest since March 28, the performance followed an outbreak of claims
What’s trending in porcelain and ceramic tile? And why should builders, designers, architects, homeowners and even real estate professionals care? Tile is a versatile, multi-surface, time-tested material that can enhance the sustainability, wellness potential and resilience of the homes it clads. “All of the above are important considerations when selecting tile,” emailed Jennifer Richinelli, editorial
The U.S. Federal Reserve could be competing with commercial banks due to a facility called the “overnight reverse repurchase agreement facility,” which has currently drawn in more than $2 trillion in deposits. According to analysts, this has affected bank deposits, as investors run to grab the higher yields it offers compared to traditional banks. The
After being robbed of $196 million in a flash loan attack, Euler Finance convinced its hacker within 25 days to return most of the funds. The outcome was a result of numerous to and fro, which eventually led the hacker to do “the right thing.” On March 13, the Euler Finance hacker carried out multiple
A bill seeking to put blockchain and crypto assets under the purview of the Kenyan Capital Markets Authority is supposedly set to be debated in the country’s parliament. The bill also seeks to “widen the meaning of ‘securities’ to capture digital currencies.” The persons that receive licenses from the regulator are also required to maintain
The Ethereum KZG ceremony, which aims to provide a cryptographic foundation for Ethereum scaling, has already had over 83,000 contributions of randomness from users all over the world. Now it’s receiving a contributor from outer space. Cryptosat, a blockchain-powered satellite orbiting Earth, announced its contribution of entropy from space on April 4 at 6 a.m.
The dominance of cryptocurrency exchange Binance in trading volume market share has slipped over the past two weeks following a lawsuit from the United States commodities regulator and its decision to halt some zero-fee trading. In an April 4 newsletter blockchain analytics platform Kaiko reported Binance “lost 16% market share of trade volume,” with its
A real estate project under construction in Shanghai’s newer Pudong district on Feb. 23, 2023. Future Publishing | Future Publishing | Getty Images BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China. The share of respondents planning to buy