In a highly anticipated development, the Federal Bureau of Prisons has confirmed that Binance founder Changpeng Zhao, commonly known as CZ, is scheduled for release on September 29, 2024. This confirmation was verified through the Bureau’s Inmate Locator tool, which lists Zhao’s identification number as 88087-510 with the corresponding release date. CZ’s release marks a...
A police spokesperson said the duo gave the victim 4,200 50,000 won bills. However, the alleged victim later inspected the banknotes and realized that many of them appeared to have the serial number. The crypto trader reported this to the police. Officers arrested the duo on a street in the Yeoksam neighborhood “around noon” on...
ZKsync announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on September 16. According to a joint press release by Chainlink and ZKsync, this collaboration will support a unified Layer 2 ecosystem on Ethereum, providing developers with advanced tools for building interoperable applications while bridging decentralized finance and traditional financial systems. ZKsync and Chainlink’s New...
Much of the talk appears to be revolving around crypto exchanges. Crypto exchanges remain completely unregulated in Russia. The bank previously expressed a desire to ban them completely. However, its stance has changed on this matter as Russia has decided to legitimize its industrial crypto mining industry. Russian firms also say they are struggling to...
The Canadian dollar dropped against its major counterparts in the New York session on Thursday. The loonie touched 0.9106 against the aussie, setting a 6-day low. The loonie fell to 1.5019 against the euro, 1.3604 against the greenback and 104.37 against the yen, from an early 9-day high of 1.4936 and 2-day highs of 1.3565...
European stocks closed higher on Thursday with investors reacting positively to the European Central Banks monetary policy statement, and U.S. producer price inflation data. The ECB reduced its key interest rates by 25 basis points, as expected, as the euro area growth is expected to slow on weaker demand and core inflationary pressures remain high,...
The U.S. dollar fell on Thursday amid rising prospects of an interest rate cut by the Federal Reserve next week, and probability of more reductions before the end of the year, in the wake of the recent data on inflation. The U.S. Labor Department said its producer price index for final demand crept up by...
The Canadian market rose to a record high on Thursday, with stocks from the materials sector hogging the limelight as metal prices climbed higher. Utilities, industrials, consumer staples and energy sectors were among the other notable gainers. Easing concerns about U.S. inflation and rising prospects of a few interest rate cuts by the Federal Reserve...
South Korea will on Friday release August figures for import and export prices, highlighting a modest day for Asia-Pacific economic activity. In July, import prices were up 9.8 percent on year and export prices jumped an annual 12/9 percent. New Zealand will see August results for the manufacturing PMI from BusinessNZ; in July, the index...
Canadian stocks tumbled after a slightly flat start Tuesday morning, but recovered gradually as the days session progressed and eventually ended with a marginal loss. The market dropped to the sessions low around noon, and then kept paring losses on bargain hunting. The mood in the market was cautious as investors awaited key U.S. inflation...