Is the UK Heading Towards a Recession? PMI Plummets to 46.8
Key Insights Is the UK heading towards a recession? UK’s PMI fell to 46.8 in September, its lowest level since…
World Oil Prices Surge as Russia Bans Fuel Exports
Key Insights Brent oil prices rose by 0.7% and WTI by 0.85% amid Russia’s ban on fuel exports. Fears that…
PayPal’s PYUSD Stablecoin Now Available on Venmo
Key Insights PayPal’s stablecoin, PYUSD, is now accessible on the Venmo platform, marking a significant expansion of its cryptocurrency services.…
US Federal Reserve Leaves Interest Rates Unchanged as Inflation Looms
Key Insights The US Federal Reserve has decided to maintain the interest rate at 5.25–5.5%. Inflation remains a concern. The…
Interactive Brokers Fined $538,000 for Negligence in Australia
Key Insights Interactive Brokers Australia fined AU$832,500 for negligence by ASIC. The penalty relates to the firm’s failure to identify…
CoinEx Resumes Deposit and Withdrawal Services After $55 Million Hack
Key Insights CoinEx is resuming deposit and withdrawal services after a $55 million hack stemming from compromised hot wallet keys.…
CZ Denies Binance U.S. Used Ceffu Amid SEC Probe
Key Insights Changpeng “CZ” Zhao denies that Binance.US used Ceffu, contradicting previous claims in legal filings. The U.S. SEC is…
Musk Declares War on Bots By Charging X Users a Monthly Fee
Key Insights Elon Musk is turning the social network X (formerly Twitter), into a paid platform for all users. Musk…
World App Records Over 500K Transactions in a Single Day
Key Insights World App, associated with the Worldcoin project, achieved a historic milestone by processing over 500k transactions within a…
OneCoin Lawyer Mark Scott Denied New Trial Amidst Perjury Allegations
Key Insights Lawyer Mark Scott’s bid for a new trial, despite a prosecution witness’s perjury in his 2019 trial related…