Top Stories This Week Binance suspends deposits for bridged tokens, seeks clarity from Multichain team Crypto exchange Binance suspended deposits for 10 bridged tokens following days of uncertainty surrounding the Multichain protocol. Transactions on the cross-chain protocol have been delayed over multiple bridges in the past few days, with little information from Multichain’s team about
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The White House and congressional Republicans were racing to seal a deal to avert a US debt default on Saturday as the high-stakes negotiations on a bipartisan fiscal pact dragged on into the weekend. After a late-night round of discussions ended without an agreement on Friday, negotiators for US president Joe Biden and Republican House
Technical analyst Cheds has dreamed of being a trader since his childhood. However, the journey he had to take to fulfill his dream wasn’t very straightforward. In an episode of Cointelegraph’s Crypto Stories, Cheds shared his humble beginnings. According to the technical analyst, he always dreamed about trading stocks since he was a kid. He
Scotland’s first minister has accused the UK government of undermining devolution and disrespecting his country’s parliament after London demanded that Edinburgh exclude glass from its planned recycling scheme. The dispute threatens to spark another constitutional fight between the administrations and jeopardises the viability of a scheme that the Scottish government insists is crucial to meeting
If Recep Tayyip Erdoğan emerges triumphant in Sunday’s run-off election in Turkey, he will owe his victory in part to the powerful patronage networks he has built across two decades of power. Out of his Justice and Development party (AKP), formed in 2001, has emerged a sprawling system of influence, support and state largesse that
In this article CG Follow your favorite stocksCREATE FREE ACCOUNT Cedric Bobo discusses a new program for Black student-athletes to transition into the commercial real estate market. Diana Olick | CNBC When Darius Livingston graduated from the University of California, Davis, two years ago, he knew his football career was over. Like most of his
Bitcoin (BTC) held its most recent gains into May 27 as traders called for a change in “bearish” market sentiment. Trader awaits “pretty major move” for BTC price Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it entered the weekend at around $26,700. The week’s macroeconomic data from the United States had ended
In this article SHAK Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Company: Shake Shack (SHAK) Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, wine and other products. The company was originally founded in 2001 by
Sky is set to cut hundreds of jobs across the UK as part of a strategic shift from satellite broadcasting to delivering television over the internet. The move follows sweeping job losses at broadband rivals such as BT, which this month said that up to 55,000 jobs, or 42 per cent of its workforce, would
The writer is director of policy, research and impact at the Trussell Trust, a charity that supports food banks and campaigns to end the need for them across the UK If you were to imagine a cost of living crisis that inflicts maximum damage on those least able to bear it, it would look very
Warren Buffett’s long record of picking winners made him a welcome presence last month in Tokyo. A recent move to increase the stakes held by Berkshire Hathaway in five general trading companies has been hailed as a vote of confidence in the country’s long-ailing corporate sector. Buffett, who began accumulating stakes in the so-called sogo
Just as I keep buying Asian stocks despite losing money, a fortnight ago I remarried. No longer is it my skin in the game alone. And while I feel like the luckiest man alive, the risk profile of my portfolio has suddenly jumped inversely with my freedom. That is because the spread of possible investment
Joe Biden’s top trade official and China’s commerce minister have held talks over economic and trade disputes, in the latest signs of tentative efforts to stabilise ties between the two superpowers. US Trade Representative Katherine Tai met Chinese commerce minister Wang Wentao on the sidelines of an Asia-Pacific Economic Cooperation meeting in Detroit on Friday.
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Decades ago, Carl Icahn gained a formative insight from reading the American novelist Theodore Dreiser. The billionaire investor was absorbed by two of Dreiser’s novels, The Financier and The Titan, which chronicle the rise of industrialist Frank Cowperwood. In a decisive financial stand-off, Cowperwood’s adversaries plot to have a bank call in his large personal
Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used Madrid’s account to promote a fake “airdrop” phishing scam. In Madrid’s post, he warned Sandbox
Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period. According to an unaudited report posted on its investor relations page, Canaan’s net loss was $84.4 million in Q1, lower
US Treasury secretary Janet Yellen has said the government could run out of money to pay all its bills on June 5, giving lawmakers a few more days of flexibility to strike a deal that would avert an unprecedented debt default. Yellen’s new estimate, released on Friday afternoon, came as the White House and House
The writer is a financial journalist and author of ‘More: The 10,000-Year Rise of the World Economy’ Deficits don’t matter. This quote comes not from some spendthrift European socialist but reputedly from the distinctly conservative Dick Cheney, vice-president of the US from 2001 to 2009. According to an account by former Treasury secretary Paul O’Neill,
Illinois lawmakers expect to cast a final vote early Saturday on a nearly $50.7 billion budget that preserves scheduled deposits into the rainy day fund, Gov. J.B. Pritzker’s proposed $200 million pension supplemental pension payment and pay off of the state’s tobacco bonds. Some of those plans appeared in possible jeopardy in recent weeks over