The latest updates

Crypto giant Tether to launch sterling-pegged stablecoin

Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London draws up plans to regulate the fast-growing type of digital currency.

7 months, 3 weeks ago

How to Buy the Dip: 3 Tips for Smart Investors

Downturns can be rough, but they're also a smart buying opportunity. The right strategy is key to keeping your money safe. A long-term outlook can make it easier to invest during periods of volatility.

7 months, 3 weeks ago

Top 5 Things to Watch in Markets in the Week Ahead

Federal Reserve Chair Jerome Powell will be in the spotlight again this week when he testifies before Congress in the wake of the U.S. central bank's largest rate hike since 1994.

7 months, 3 weeks ago

Stocks in biggest weekly loss since 2020 on interest-rate worries

World stocks on Friday headed for their worst week since markets’ pandemic meltdown in March 2020, as investors feared sharp rate hikes tipping economies into recession, while growth fears and a soaring Swiss franc whacked the U.S. dollar.

7 months, 3 weeks ago

Swiss luxury watchmaker TAG Heuer introduces NFT-enabled smartwatch

Watches, blockchain and NFTs combine with the launch of TAG Heuer’s new luxury wearable.

7 months, 3 weeks ago

Using Art to Hedge a Turbulent Stock Market

Art investment funds offer retail investors access to valuable art market opportunities only previously available to the fortunate few.

7 months, 3 weeks ago

Stocks rally, Treasury yields rise after Fed lifts rates by 75 bps

U.S. stocks extended their rally on Wednesday in volatile trade and Treasury yields rose after the Federal Reserve raised interest rates by three-fourths of a percentage point, the biggest increase since 1994, as it sought to tamper surging inflation

7 months, 3 weeks ago

Lithuania aims to tighten crypto regulation and ban anonymous accounts

The country decided to act in advance of upcoming EU regulations that could effectively ban noncustodial wallets.

7 months, 4 weeks ago

Swedish central bankers snipe Bitcoin mining, cite rampant energy use

A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react.

8 months ago

Top 5 Things to Watch in Markets in the Week Ahead

It’s going to be a big week for central banks, with the Federal Reserve widely expected to deliver a second 50 basis point rate hike on Wednesday.

8 months ago

Mastercard to allow 2.9B cardholders to make direct NFT purchases

Card payments for NFTs were first announced in association with Coinbase’s latest NFT marketplace in January.

8 months ago

S&P 500 falls 1% as investors gauge chances of economic slowdown

Stocks fell on Wednesday as investors monitored signs of a potential economic slowdown and kept an eye on the bond market.

8 months ago

‘Father’ of the Metaverse Neal Stephenson launching metaverse blockchain

At LAMINA1, Neal Stephenson will focus on “helping get artists and other value creators paid properly for their work, helping the environment [...] and seeing a truly open Metaverse get built,” noted co-founder Peter Vessenes.

8 months ago

PeerBerry sees 16 per cent rise in lending volumes

PeerBerry saw a 16 per cent rise in its monthly lending volumes and welcomed 1,124 new investors in May, as the European peer-to-peer lending platform recovers to pre-war levels.

8 months ago

U.S. senators unveil bill to regulate cryptocurrency

A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC).

8 months ago

Asian wealth managers seen wary of digital assets despite soaring demand

Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack of understanding of these assets, according to an industry survey by consulting firm Accenture published on Monday.

8 months, 1 week ago

Top 5 Things to Watch in Markets in the Week Ahead

Stock markets ended the first week of June on a down note, as a strong U.S. jobs report made clear the Federal Reserve and other central banks can continue their monetary tightening policy, at the expense of risk assets.

8 months, 1 week ago

Coinbase Freezes Hiring and Will Rescind Accepted Job Offers

On the same day that rival crypto exchange Gemini confirmed layoffs, Coinbase announced today that it will continue its hiring freeze amid a tumultuous recent market for both cryptocurrency and tech stocks.

8 months, 1 week ago

Follow Me To The Wealth Management Metaverse...

You’re in the desert. It’s empty, no one’s here. But you’ve heard that the world’s biggest tycoons are planning to take this empty place - the locals call it ‘Las Vegas’ – and build huge casinos. You’re the first financial adviser in this desert..

8 months, 1 week ago

South Korea is betting on the metaverse — and it could provide a blueprint for …

South Korea explores Metaverse plans, aims to become the 5th biggest metaverse market by 2026

8 months, 1 week ago

Britain proposes safety net against failing stablecoins

Britain's finance ministry set out plans on Tuesday for adapting existing rules to deal for any major stablecoin collapses, such as with TerraUSD last month.

8 months, 1 week ago