US SEC Reverses Decision to Officially Define Digital Assets
While enforcement actions have been a focus for the US SEC in the crypto industry lately, some crypto exchanges are now making efforts to expand into other territories.
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While enforcement actions have been a focus for the US SEC in the crypto industry lately, some crypto exchanges are now making efforts to expand into other territories.
The officials claim FTX-affiliated Alameda Research had largely repaid the $8 billion borrowed from Genesis Trading, a few weeks before the former filed for Chapter 11 bankruptcy protection.
On Thursday, the ECB increased interest rates for the seventh consecutive time, with the latest figure aligning with analysts’ predictions.
In 2022, the Big Oil companies, including TotalEnergies, ExxonMobil, Chevron, BP, and Shell smashed their previous year’s earnings.
Los Angeles-based PacWest is considering several strategic options, including a sale, amid a banking crisis-induced stock plunge.
Just like most of the most advanced blockchain protocols in the industry, the Tenet Blockchain grants users the flexibility they need to thrive on the L1 outfit.
Despite regaining much of its losses, there are reasons to believe that the coast is not yet clear for PEPE.
Amid the unfolding banking crisis and interest rate hikes, Bitcoin has been showing strong resilience attempting another breakout above $30,000.
The reason behind the exchange’s decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.
While inflation may be slowing, Americans are groaning under the direct and indirect impact of the Fed increasing the interest rate.
Microsoft is offering more features for users to enjoy as it opens up the new AI-powered Bing search and chat.
The company explained a 17-per cent drop in revenue by a tough macroeconomic environment and a “broad downturn” in the semiconductor sector.
Apple expects a 5% drop in revenue amid sluggish sales for Mac and iPad. The Street expects the Apple board to authorize $90 billion worth of buybacks and share repurchases.
Chegg is optimistic it can turn things around with its upcoming Cheggmate beta, an AI-focused student learning platform.
Amid the banking crisis emerging in the market, the US economic environment looks extremely fragile.