Author: Investor Empires
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Here’s How Much Crypto Was Lost in May Due to Hacks: CertiK
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According to blockchain security firm CertiK, the cryptocurrency sector lost $42.6 million in May due to exploits, flash loans, and scams. Despite these setbacks, approximately $96.2 million has been recovered, providing some mitigation of the economic impact. Flash loan attacks dominate blockchain losses Flash loan attacks caused the largest losses…
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Here’s How Much Crypto Was Lost in May Due to Hacks: CertiK
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According to blockchain security firm CertiK, the cryptocurrency sector lost $42.6 million in May due to exploits, flash loans, and scams. Despite these setbacks, approximately $96.2 million has been recovered, providing some mitigation of the economic impact. Flash loan attacks dominate blockchain losses Flash loan attacks caused the largest losses…
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FunderPro Brings New Features to Maximize Profitability
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Private trading is a dynamic and rapidly evolving sector, where technology providers need to increase the competitive advantage for their clients as much as possible. FunderPro continues to stay ahead of the curve, offering a range of improvements designed to increase the profitability and operational efficiency of support companies. This…
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FTX Offloads Remaining Anthropic Shares In $450 Million Sale
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Bankrupt FTX has been involved in several asset divestments over the past year, as it seeks to fully compensate former clients of the now-defunct exchange. In the latest development in the ongoing proceedings, the company has sold the final portion of its shares in artificial intelligence startup Anthropic. FTX earns…
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FTX Offloads Remaining Anthropic Shares In $450 Million Sale
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Bankrupt FTX has been involved in several asset divestments over the past year, as it seeks to fully compensate former clients of the now-defunct exchange. In the latest development in the ongoing proceedings, the company has sold the final portion of its shares in artificial intelligence startup Anthropic. FTX earns…
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As the climate heats up, meteorology emerges as the new hot degree on Wall Street
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When Kim Bentzen graduated with a degree in meteorology in the 1990s, the only career path he saw was the National Meteorological Service in Denmark, and going into finance was never on his radar. After five years in the government meteorological service and two stints working in sales at other…
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Yen weakness persists despite Tokyo’s $62 billion intervention By Reuters
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By Tetsushi Kajimoto TOKYO (Reuters) – Japanese authorities spent 9.79 trillion yen ($62.23 billion) intervening in the foreign exchange market to support the yen over the past month, moves that prevented the currency from testing new lows but are unlikely to reverse long-term declines. Finance Ministry data released on Friday…
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Bitcoin Halving Post Mortem: Insights from Hashrate Index’s Q1-2024 Report
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introduction: The latest Q1 2024 Retail Index report from Luxor Technology looks at the performance of the Bitcoin mining sector after the fourth Bitcoin halving. This report provides important insights into key metrics such as Bitcoin Hashrate, Hashprice, Hashrate Forwards, and Bitcoin Mining Stocks, highlighting the Bitcoin mining industry’s ability…
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How Ann Kimunyu overcame anxiety living in the wilderness
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Every evening when Anne Kimonyo came home from work, she would lace up her sneakers and hit the pavement. On dark nights, her feet would rhythmically hit the sidewalks of her house, the sound echoing her inner struggle. It wasn’t a routine she particularly enjoyed, but it was necessary—a way…
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How Ann Kimunyu overcame anxiety living in the wilderness
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Every evening when Anne Kimonyo came home from work, she would lace up her sneakers and hit the pavement. On dark nights, her feet would rhythmically hit the sidewalks of her house, the sound echoing her inner struggle. It wasn’t a routine she particularly enjoyed, but it was necessary—a way…
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Weekly Market Outlook (03-07 June)
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Upcoming events: Monday: China Caixin Manufacturing PMI, Swiss Manufacturing PMI, Canadian Manufacturing PMI, US ISM Manufacturing PMI. Tuesday: Swiss Consumer Price Index, US job opportunities. Wednesday: Average monetary income in Japan, Australian GDP, China Caixin Services PMI, Eurozone PPI, US ADP, Canada Services PMI, Bank of Canada Policy Decision, US…
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Can Ethereum Smash Through Resistance Or Stall After Rally?
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Ethereum, the world’s second largest cryptocurrency, finds itself at a critical juncture. After a strong 25% rally last month, outperforming its peers, Ethereum faces a massive hurdle in the form of resistance levels around $3,795 and $3,846. Analysts are closely monitoring this price battle, as it could determine the course…
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Czech Billionaire Plans £400m Overhaul for Royal Mail, Sparking Job Concerns
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Daniel Kretinski, the Czech billionaire preparing to take over Royal Mail, has unveiled a transformative vision for the company, which includes a £400m investment to create a network of drop boxes and delivery lockers across the UK. The move could significantly impact tens of thousands of postal delivery jobs and…
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Dollar set for first monthly drop after US inflation readout By Reuters
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Written by Hannah Lange NEW YORK (Reuters) – The dollar fell on Friday and was headed for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, which did not clarify much about the extent to which the U.S. Federal Reserve could…
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Bitcoin Runes And Why Devs Are So Excited By It
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In the evolving landscape of blockchain technology, the runes protocol emerges as a pivotal innovation, reshaping the way we understand and utilize Bitcoin’s vast potential. At its core, the this protocol leverages Bitcoin’s op_return function, facilitating a multitude of functionalities including the creation of brc-20 tokens, the embedding of etching…
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Bursts of Free Power Raise Red Flags for Green Tech Investors
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Breadcrumb links PMN works Something strange is happening in Europe’s energy markets: prices continue to fall below zero. Article writer: Bloomberg News Lars Poulsson and Eamon Aqeel Farhat Published on June 02, 2024 • 5 minute read You can save this article by registering for free here. Or log in…
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Apple reiterated as Top Pick, C3.ai stock upgraded By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! “AI-Powered Upgrade Is Coming:” Apple reiterates Bank of America’s “Top Pick” title Bank of America reiterated Apple (NASDAQ:) stock as the top pick, maintaining…
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Paradigm backs BTC staking protocol Babylon with $70m round
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The Bitcoin Babylon staking protocol has succeeded Starch $70 million in a financing round led by venture firm Paradigm. Babylon’s investment round included participation from Bullish Capital, Polychain Capital, Hashkey Capital, Mantle, Galaxy, Hack VC, ViaBTC Capital, Amber, and HTX Ventures. The platform aims to use this new capital to…
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Paradigm backs BTC staking protocol Babylon with $70m round
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The Bitcoin Babylon staking protocol has succeeded Starch $70 million in a financing round led by venture firm Paradigm. Babylon’s investment round included participation from Bullish Capital, Polychain Capital, Hashkey Capital, Mantle, Galaxy, Hack VC, ViaBTC Capital, Amber, and HTX Ventures. The platform aims to use this new capital to…