Invest News

Latest — Sep 28, 2023

The U.S. Dollar’s Share in SWIFT Transactions Increases

In August, the share of the U.S. dollar in international transactions reached its highest in five years at 48.03%. According to data from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the U.S. dollar’s portion of global transactions this past August saw an increase of over

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Business Philosophy: How Choices Affect Success

All over the world, including America, entrepreneurs are constantly looking for ways to optimize their businesses. They reflect on what makes their company unique and what value their business can offer to the marketplace. A critical part of this process is developing a business philosophy. The basics of business philosophy

Binance Resumes Services in Belgium Amid Regulatory Compliance

In a recent development in the ever-evolving crypto landscape, Binance, one of the world's leading cryptocurrency exchanges, has announced its return to Belgium. This decision follows a hiatus from the European nation, where Binance faced scrutiny and regulatory challenges. Regulatory Hurdles Binance's operations in Belgium had been hampered by concerns

South Korea's Upbit Faces Severe Disruption Amid Fake APT Token Controversy

The South Korean cryptocurrency landscape has been shaken as one of its leading exchanges, Upbit, faced a severe disruption due to the involvement of fake APT tokens. This incident underlines the growing concerns and challenges faced by the rapidly expanding crypto industry in ensuring the security and authenticity of digital

Tether Resumes USDT Loans Amidst Controversy Over Reserve Adequacy

Stablecoin giant Tether has reactivated its short-term loan services, insisting that it maintains sufficient reserves to back its USDT token.As the crypto industry continues to evolve at a rapid pace, Tether, the company behind the widely-used USDT stablecoin, has made a contentious move by resuming its short-term USDT loans.

Stanford University to Return Millions in Gifts from Bankrupt Crypto Firm FTX

Stanford, CA - In an unprecedented move, Stanford University announced plans to return "the entirety" of millions of dollars it received in donations from FTX, a now-bankrupt cryptocurrency firm, and from the parents of the firm's co-founder and former CEO, Sam Bankman-Fried. The announcement comes on the heels of a

The Call for Action: A Deep Dive into Solana's Push for US Crypto Regulation

n an ever-evolving digital world, the crypto market has become an important aspect of the global economy. This evolution has seen major players in the blockchain sector urging governments worldwide to lay down regulatory guidelines. Leading this call in the US is Anatoly Yakovenko, co-founder of Solana and the Chief

SEC's Request to Immediately Inspect Binance US Software Denied

In an ongoing tussle with one of the world's leading cryptocurrency platforms, the U.S. Securities and Exchange Commission (SEC) has faced a setback. Its recent attempt to gain immediate access to inspect Binance US's software has been denied, as reported by multiple sources, including Bloomberg and CoinDesk. The Background

Ethereum's Holesky Testnet: A Rare Technical Hiccup in Blockchain Evolution

In a surprising turn of events, the much-anticipated Ethereum's Holesky testnet failed to launch successfully. The Ethereum community, usually priding itself on the robustness and reliability of its technological advancements, has been left pondering this rare misstep. Multiple sources, including prominent platforms like CoinDesk, FXStreet, and Binance, have provided insights

The Crypto Sphere's Worry

The crypto community is all too familiar with the aftermaths of sudden exchange collapses. Mt. Gox, once the leading Bitcoin exchange, filed for bankruptcy in 2014 after a security breach resulted in the loss of 850,000 Bitcoins. Its impact was felt across the entire crypto market. Today, almost a