Cardano has come under fire from critics for delays in the rollout of features and network upgrades. This slower-paced cadence, however, appears to be a badge of honor to Cardano Foundation CEO Frederick Gregaard, who said that the network is “boring,” considering the platform’s academic approach. “Cardano is boring. We are boring because we are
European cryptocurrency banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations and returning customer funds last year. Bitwala is relaunching operations under its original name in partnership with the support of the banking infrastructure company Striga, the firms said in a joint announcement to Cointelegraph on Nov. 8. As part of
As usual, voters approved the lion’s share of bond issuances put before them. Charlotte-Mecklenburg School, North Carolina, voters approved the request for $2.5 billion of bonds for capital projects. Harris County Hospital District, Texas, also won voter approval to sell $2.5 billion of bonds. Prosper Independent School District voters approved three of four bond propositions:
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. The US House of Representatives has voted to censure Rashida Tlaib, a Democratic representative from Michigan, accusing her of “promoting false narratives” about the Hamas attacks on Israel and “calling for the destruction”
Bitcoin (BTC) saw classic BTC price volatility into the Nov. 7 daily close as a “short squeeze” took the market near $36,000. BTC/USD 1-hour chart. Source: TradingView Bitcoin hits “key” short squeeze price Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it reacted amid highly elevated open interest (OI) on exchanges. Previously, Cointelegraph
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google and some of Europe’s largest telecoms operators have called on Brussels to designate iMessage as a “core” service that would require Apple to make the chat app fully compatible with rivals. The European Commission,
Stay informed with free updates Simply sign up to the Global inflation myFT Digest — delivered directly to your inbox. Central banks are at odds over how to respond to a possible jump in energy prices should the Israel-Hamas war escalate. While rate-setters have conventionally ignored volatility in the energy markets, central bank heads in
Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. The writer is a science commentator The machinery of government can move surprisingly quickly, especially when oiled by outrage. Within days of the UK’s leading scientific research funding agency assembling an advisory committee on equality, diversity
First came a month-long aerial bombardment. Then Israeli armour and infantry moved in behind a rolling barrage of air and artillery strikes that cut besieged Gaza in half and isolated Hamas’s military stronghold in the north of the territory. The encirclement this week of Gaza City by Israeli forces is the latest step in their
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ron DeSantis’s biggest donor is considering switching his support to Donald Trump, in a sharp rebuke of the Florida governor’s White House aspirations. Robert Bigelow, a Nevada real estate investor who has funded space exploration
Rivian plans to make an additional 2,000 vehicles this year, while cutting its full-year projection for adjusted losses to $4bn. The California carmaker said it would make 54,000 trucks and vans this year, rather than the 52,000 it forecast in August. It cited improvements in the supply chain and increased production of the motors it
New York City and the surrounding region have received a lot of negative attention about losing population. But the metropolitan area’s apartment business doesn’t appear to be feeling the effects. For the second consecutive year, real estate professionals have ranked a portion of the metropolitan area as the best for buying apartments, according to the
A new crypto-lending platform dubbed Tokenet says it will service what it expects to be an influx of institutional clients following the potential United States approval of spot Bitcoin (BTC) exchange traded fund (ETF). The platform was launched by a team of executives who previously headed financial services firm Cantor Fitzgerald who since joined a
Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. UK recruiters registered a sharp rise in the number of people looking for work last month, according to a survey published on Wednesday, as companies being squeezed by higher interest rates and slowing demand cut
Bitcoin (BTC) mining heavyweights Marathon Digital and Riot Platforms are among the most overvalued crypto mining companies relative to their competitors, says MinerMetrics founder and analyst Jaran Mellerud. The key metric backing Mellerud’s claim is enterprise value-to-sales ratio — measuring a company’s value to its sales revenue. The higher the ratio, the more overvalued a
Two of the world’s biggest private equity firms have reported starkly diverging fortunes as KKR boosted its fundraising expectations while Carlyle axed jobs as part of a cost-cutting drive. The results on Tuesday underscored how the two investment groups, which were roughly the same size a decade ago, have since moved apart, with KKR boasting
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cravath, Swaine & Moore, the elite US law firm that has customarily set the pay standard for its peers, has established a non-equity partner tier, in a departure from its traditional structure designed to reward
Toronto Star | Toronto Star | Getty Images A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry. The real estate compensation model is at the heart of the issue. Plaintiffs contend that commission rates are too high, buyer brokers are being overpaid, and
Bitcoin (BTC) has been trading within a narrow 4.5% range over the past two weeks, indicating a level of consolidation around the $34,700 mark. Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of a spot Bitcoin exchange-traded fund
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Voters are heading to the polls in several states across the US on Tuesday, in off-year elections that will be seen as an indicator of which way the political winds are blowing for President Joe
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Oil prices tumbled to the lowest in more than three months on Tuesday, reversing all gains made since Hamas attacked Israel on October 7, with hedge funds betting that the conflict will not