Bond yields fell on Wednesday ahead of an expected rate hike by the Federal Reserve and as investors sought havens amid heightened geopolitical tensions. What’s happening The yield on the Read more
Tag: Money/Currency Markets
Crypto market maker Wintermute says it was hacked for $160 million
Crypto market maker Wintermute was hacked for about $160 million in its decentralized-finance operations, Chief Executive Evgeny Gaevoy said in a Tuesday tweet. Wintermute’s centralized finance and over-the-counter operations are Read more
4 things to watch when the Fed delivers its rate-hike decision
The Federal Reserve is raising rates on Wednesday. That much is certain. Beyond that, there are weighty questions about whether the central bank’s efforts to bring down inflation can succeed Read more
Nasdaq to provide crypto custody for institutional investors
Nasdaq Inc., owner of the second largest stock exchange, is looking to provide crypto custody service to institutional investors, in its first major push into the rather nascent industry, despite Read more
Apple hikes app store prices in Europe and Asia as dollar soars
Apple Inc. has announced a price increase of its apps and in-app purchases in Europe and Asia as a measure to safeguard its profit margins as other currencies have weakened Read more
Apple hikes app store prices in Europe and Asia as dollar soars
Apple Inc. has announced a price increase of its apps and in-app purchases in Europe and Asia as a measure to safeguard its profit margins as other currencies have weakened Read more
What does a strong dollar mean for crypto?
The U.S. dollar’s ongoing strength could put more downward pressure on crypto prices, which have already suffered along with other risk assets, as bitcoin lost almost 60% of its value Read more
Why are cryptos falling? Ether drops after Merge, while bitcoin slides to 3-month low
Bitcoin on Monday plunged to its lowest level since June 19, as investors expect the Federal Reserve to raise interest rates again later this week, with its two-day meeting due Read more
U.S. Justice Department forms national network of prosecutors focused on crypto crime
The U.S. Justice Department has tapped more than 150 federal prosecutors across the country to bolster law enforcement’s efforts to combat the rise in crime linked to the use of cryptocurrencies such Read more
Crypto poses threat to ‘financial stability’ of everyday Americans, feds warn
President Joe Biden’s administration expressed concern over recent developments in cryptocurrency markets and their impact on average Americans’ financial health as it introduced a series of reports Friday outlining policy Read more