International Daily Finance News
Changpeng “CZ” Zhao has vigorously rebutted allegations suggesting that members of former President Donald Trump’s family engaged in discussions to take a financial interest in Binance.US. This statement came in response to a report from the Wall Street Journal (WSJ),…
A new variant of cryptojacking malware, dubbed MassJacker, is reportedly infiltrating devices of users looking to download pirated software. According to a report released by CyberArk on March 10, this malware hijacks cryptocurrency transactions by swapping stored crypto addresses in…
World Liberty Financial Initiative (WLFI), the cryptocurrency project backed by former US President Donald Trump, has wrapped up its token sale, raising a staggering $590 million. This achievement places WLFI among the top ten largest token sales in history, according…
Trading volumes for Cardano’s ADA token have recently surged, with daily averages around $720 million in February, and soaring past $1.4 billion in March. This spike is attributed to a social media post from former U.S. President Donald Trump, who…
The US dollar’s longstanding status as the preeminent global reserve currency is increasingly under scrutiny. While it commands nearly 60% of global foreign exchange reserves, the recent geopolitical climate and the strategic use of economic sanctions have catalyzed a move…
The Solana ecosystem has recently made headlines with a significant governance decision regarding its inflation reform. In a historic vote, stakeholders rejected the SIMD-228 proposal, aimed at transitioning from a fixed inflation model to a dynamic, market-driven one. The attempt…
Application-specific integrated circuit (ASIC) chips are crucial to the Bitcoin mining landscape, engineered solely for optimizing the resolution of Bitcoin’s SHA-256 algorithm to secure block rewards. The industry is currently dominated by a few key players, particularly Bitmain, whose Antminer…
Bitcoin (BTC) approached the $83,000 mark during the Wall Street open on March 14, as traders gauged the market conditions necessary for a bullish turnaround. Amidst this environment, BTC/USD registered a daily gain of up to 5% before entering a…
The cryptocurrency market experienced another tumultuous week, characterized by significant volatility and emerging trends that have caught the attention of investors and analysts alike. After a relatively quiet weekend, where Bitcoin (BTC) hovered around $86,000 with minimal fluctuations, the start…
Hong Kong’s fintech landscape is burgeoning, with promising growth projections driven by cutting-edge innovations in blockchain, digital assets, and artificial intelligence. Currently, the region boasts over 1,100 fintech firms, including 175 focused on blockchain applications and 111 specializing in digital…
The U.S. Securities and Exchange Commission (SEC) is contemplating a significant regulatory shift regarding XRP, potentially classifying it as a commodity rather than a security. This development appears to arise from ongoing settlement negotiations between the SEC and Ripple Labs,…
The current market climate is highlighting gold’s resiliency as a “store of value,” a title that the precious metal has reclaimed amidst recent economic turbulence. April gold futures have surged past the $3,000-per-ounce mark for the first time ever, solidifying…
Bitcoin speculators have faced a staggering setback in the first quarter of the year, with losses exceeding $100 million within just six weeks. This alarming downturn can be attributed to a fervent wave of panic selling among short-term holders (STHs),…
Ethereum (ETH) This week, Ethereum experienced a significant downturn, falling by 13% after failing to maintain its position above the crucial $2,000 mark. With this psychological threshold breached, buyers have shifted their focus to the support level at $1,800, a…
Industry analysts are sounding alarms following the catastrophic collapse of the Libra (LIBRA) token, which saw a staggering $4 billion wiped off its market cap. This turmoil, triggered by insider cash-outs, has raised significant concerns regarding the safety and economic…
High-risk assets, particularly tech stocks and cryptocurrencies, have faced a significant sell-off recently, largely driven by escalating trade tensions linked to Donald Trump’s economic policies. This selling trend has been reported as part of a broader strategy aimed at tackling…
In a recent ruling from a Texas federal court, Bancor DAO, the operator behind the decentralized finance platform Bancor, has been dealt a significant legal blow. The court, presided over by Judge Robert Pitman, issued a default judgment against Bancor…
Following a significant liquidation event on Hyperliquid, which resulted in a $4 million loss for the decentralized exchange (DEX), discussions have emerged labeling the occurrence a vital stress test for decentralized finance (DeFi) protocols. Analysts are examining the potential ramifications…