Telegram and crypto: Bitget launches $20M TON ecosystem fund
Bitget crypto exchange is the latest firm to boost the record-breaking TON ecosystem with a new $20 million fund.
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Bitcoin retail comeback on the cards as Coinbase pierces top-400 apps
Bitcoin exchange app popularity is the latest sign that crypto is seeing a retail renaissance in the US.
Pension funds could use AI to cut costs, increase returns, says report
Artificial intelligence is touted to provide a number of benefits to the management of pension funds, according to research from Mercer. Artificial intelligence could be used by pension funds to cut costs, increase investment returns and highlight possible risks, but there are still “significant challenges to overcome” with its use, says the Mercer CFA Institute
Grin network hit with 51% attack while GRIN token remains resilient
An unknown mining group currently controls more than half of the Grin blockchain’s hashing power. 486 Total views 12 Total shares Grin, a privacy-focused cryptocurrency built on the Mimblewimble protocol, has just suffered a 51% attack on its blockchain.According to a Nov. 7 tweet from crypto mining group 2Miners, an unknown group accumulated 57.4% of…
Financial ties between Robinhood and funds shorting GME fall under scrutiny
The connections between trading app Robinhood, Citadel hedge fund, Melvin Capital, and GameStop are becoming clearer as the Internet burns with outrage over allegations of market manipulation.Melvin Capital was one of the biggest players short-selling GameStop stock, or GME. When a number of Redditors — and gamers — on the r/Wallstreetbets subreddit pushed back against…
US Federal Reserve now owns over 20,000 different financial assets
The nation's money printer continues to go "Brrr". Amid a year that has been anything but normal, the United States' Federal Reserve, or the Fed, has collected an impressive number of financial assets. "The Fed now owns a total of 22,913 different securities according to Bloomberg," said the twitter account for the Zero Hedge financial blog…
ApeCoin announcement surges BAYC floor price to near-ATH before correction
The Bored Ape Yacht Club (BAYC) has officially revealed their ERC-20 utility and governance token ApeCoin (APE), marking a diversification from profile-picture projects (PFPs) into "culture, gaming and commerce" within the Web3 sphere.The asset has been developed and launched by the ApeCoin decentralized autonomous organization (DAO), a distinguished entity from Yuga Labs, who have established…
Bitcoin Price Diary: How Everything Went 100% Right With My $7.3K Long
The sixth installment of my trade journal features one of my best Bitcoin (BTC) swing trades ever, catching much of the 40% move that caught many traders off guard. This was a straightforward trade for me, filling bids in an area that I was expecting to be near the potential bottom. The entire trade is immortalized…
US Man Fined $1.1 Million, Sentenced to 15 Months for Fraudulent Bitcoin, Litecoin Schemes
U.S. citizen Joseph Kim of Phoenix, Arizona has been fined $1.1 million and sentenced to 15 months in jail for misappropriating Bitcoin (BTC) and Litecoin (LTC) from several people, the U.S. Commodity Futures Trading Commission (CFTC) reports Friday, Nov. 9.The CFTC found out that Kim defrauded his employer, a Chicago-based proprietary trading firm, transferring approximately…