Crypto News
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Two brothers who studied at the Massachusetts Institute of Technology have been arrested following claims they carried out a cutting-edge scheme to exploit the Ethereum blockchain's integrity and steal $25 million worth of cryptocurrency. Federal prosecutors in Manhattan called the scheme allegedly perpetrated by Anton Peraire-Bueno, 24, and James ...
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In advance of today's CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior to the release. BLS has alerted the Office of Management and Budget and DOL's Office of the Inspector General of the incident. BLS takes its data security seriously and is conducting a full investigation into its ...
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When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
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Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two leaders weather rising tensions with the US - Stephen Engle reports.
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The new tariffs on Chinese electric vehicles, semiconductors and medical supplies announced by the Biden administration on Tuesday raised questions for U.S. consumers and prompted a call from China for the U.S. to “immediately” cancel the steps. The Biden administration said the new tariffs “will make sure that historic investments in jobs spurred by ...
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Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While the primary objective varies between jurisdictions, many central banks consider improved cross-border payments as a potential benefit and previous work has shown that CBDC can help overcome some of the frictions in cross-border payments. ...
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Russian President Vladimir Putin arrived in Beijing early on Thursday on the first foreign trip of his new term. Putin is due to meet his Chinese counterpart Xi Jinping as the two ...
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Many central banks are currently exploring the possibility of issuing retail central bank digital currency (CBDC). While the primary objective varies between jurisdictions, many ...
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The new tariffs on Chinese electric vehicles, semiconductors and medical supplies announced by the Biden administration on Tuesday raised questions for U.S. consumers and prompted ...
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Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
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post: ECB's De Cos: Every Indicator Points Towards First Interest Rate Cut In June
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Ultimately, weaker US data equates to assumption of Fed cuts and therefore ‘easier money’, which in turn boosts appetite for risk. Yet the data cannot come in too soft, as the US needs to achieve lower inflation alongside stable growth for risk to rally on the ‘soft landing scenario’. And as traders are favouring softer US data over strong, it may not take ...
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The S&P 500 Index (SPX) and the Nasdaq Composite soared to a new lifetime high after the United States Consumer inflation report came in less than expected. That ignited a rally in Bitcoin, pushing the price above $66,000. The farther Bitcoin moves from $60,000, the less likely a breakdown is. However, that does not guarantee the start of a new uptrend. ...
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Although Robinhood may face enforcement actions in the United States for its cryptocurrency offerings, it is expanding its services in Europe further. Today (Wednesday), the brokerage has announced its first crypto staking services for Solana holders, which will be available only to its customers in Europe. Apart from staking, the American-headquartered ...