News

Macro · 3 weeks ago Japanese Yen Weakens Past 160 Against Dollar Amid Intervention Concerns The Japanese yen has fallen below the critical 160 mark against the dollar, prompting concerns over the effectiveness of recent currency interventions.

Markets · 3 weeks ago G20 Finance Ministers Warned of AI Risks to Financial Stability by Andrew Bailey Andrew Bailey, chair of the Financial Stability Board, has alerted G20 finance ministers to the growing threats posed by advanced AI models to the global financial system, particularly regarding cyber risks and concentration dependencies.

Protocols · 3 weeks ago DeFi Protocols Embrace Buybacks and Revenue Sharing Amid Sector Growth A significant increase in DeFi protocols distributing revenue to token holders marks a maturation of the sector, with over 231 protocols now engaged in buybacks and fee distributions.

Spot & ETFs · 3 weeks ago Bitcoin Achieves Strongest August Performance Since 2017 Amid Warning Signs Bitcoin experienced a significant rally in August, gaining approximately 25-30%, marking its best performance for the month since 2017. However, emerging warning signs may indicate potential challenges ahead as September begins.

Funding · 3 weeks ago OpenAI Acquires Thousands of Mac Minis for AI Training OpenAI has reportedly purchased tens of thousands of Apple Mac minis and Mac Studios to enhance its AI training capabilities, particularly for reinforcement learning tasks.

Funding · 3 weeks ago U.S. Constructs Barriers Against Chinese Drones Amid Rising Tech Tensions The U.S. is implementing measures to restrict Chinese drones and robotics, reflecting ongoing tech tensions. Despite these efforts, China's capacity to circumvent these barriers raises concerns about the competitive landscape.

Macro · 3 weeks ago Scott Bessent Calls for G20 Action Against China's $1.2 Trillion Trade Surplus US Treasury Secretary Scott Bessent urges G20 nations to collectively address China's significant trade surplus, emphasizing the need for coordinated action to tackle global economic imbalances.

Markets · 3 weeks ago Nicolás Maduro Reappears on Social Media Following US-Venezuela Energy Agreement Nicolás Maduro has resurfaced on social media after a significant energy pact was signed between Venezuela and the United States, which aims to boost oil production in the country.

Macro · 3 weeks ago Gold Prices Stabilize Amid Fed Rate Hike Speculation Following Warsh's Comments Gold prices have steadied after a decline influenced by former Fed governor Kevin Warsh's remarks suggesting potential interest rate hikes to combat inflation.

Layer-2 · 3 weeks ago Uniswap Achieves $1.5B in Stock Token Trading on Robinhood Chain in Six Weeks Uniswap has processed approximately $1.5 billion in stock token trades on Robinhood Chain since its launch, highlighting a significant shift in decentralized finance.

Macro · 3 weeks ago US Military Strikes Iranian Positions Amid Rising Tensions in Strait of Hormuz The US military has targeted Iranian Revolutionary Guard Corps positions in the Strait of Hormuz, escalating tensions as Iran prepares to deploy sea mines in the strategic waterway.

Markets · 3 weeks ago Helium Token (HNT) Surges Nearly 100% Following Wi-Fi to Cell Coverage Initiative in Texas Helium's token, HNT, experienced a dramatic surge of nearly 100% after the Texas town of Celina transformed its existing Wi-Fi infrastructure into cell coverage, marking a significant milestone for the decentralized network.

Stablecoins · 3 weeks ago Sberbank Plans to Accept USDT and Ethereum as Loan Collateral Pending Regulatory Approval Sberbank, Russia's largest bank, intends to accept USDT and Ethereum as collateral for loans, contingent on upcoming regulatory approval from the Bank of Russia.

Macro · 3 weeks ago US Job Market Shows Signs of Recovery as Unemployment Rate Holds at 4.1% The US unemployment rate remains steady at 4.1% as economists predict a modest job rebound in August, following a surprising job loss in July.

Markets · 3 weeks ago MicroStrategy Resumes Bitcoin Purchases After 10-Week Hiatus MicroStrategy, now known as Strategy, has resumed its Bitcoin purchases after a 10-week pause, signaling a renewed commitment to its cryptocurrency strategy.

Hacks & Exploits · 3 weeks ago Cronos Blockchain Suspends Operations Following $75 Million Tectonic Exploit The Cronos blockchain halted its operations after a significant exploit drained up to $75 million from the Tectonic lending protocol, prompting swift action from validators to prevent further losses.

Markets · 3 weeks ago Real Madrid Dominates Málaga 3-0 with Bellingham and Mbappé's Stellar Performance Real Madrid secured a convincing 3-0 victory against Málaga at the Estadio Bernabéu, with Jude Bellingham scoring twice and Kylian Mbappé adding another goal.

Hacks & Exploits · 3 weeks ago Cole Palmer Makes Premier League History with Four First-Half Goals Against Brighton Cole Palmer achieved a historic milestone by scoring four goals in the first half, leading Chelsea to a 4-2 victory over Brighton on September 28, 2024.

Macro · 3 weeks ago Israeli Forces Seal Off al-Mughayyir Village Amid Escalating Tensions Israeli forces have sealed the entrance to al-Mughayyir village in the West Bank for over 20 hours, amid rising violence from settlers and military operations.

Markets · 3 weeks ago Pump Fun Distributes $700K in Callout Rewards for Low-Market Cap Tokens Pump Fun has paid out nearly $700,000 to its top 50 callout reward earners, with most tokens having market caps below $100,000. The platform's focus on quantity over quality in callouts has raised concerns among users.