Ethereum scaling solution Arbitrum has partnered up with trading app giant Robinhood to announce a new token swap integration in Robinhood’s self-custody wallet. The companies made the joint announcement yesterday at the ETHDenver conference. The new integration lets Robinhood Wallet users transact with Arbitrum. In the coming months, the two companies will provide support for...
The Canadian market got off to a slightly positive start and moved further up in early trades Friday morning thanks to gains in energy and technology stocks. Optimism about an interest rate cut by the Federal Reserve in June, and higher crude oil and gold prices are aiding sentiment. Investors are also reacting to quarterly...
Brock Pierce, a crypto and blockchain OG and founder of Tether and EOS, sat down with Cryptonews Podcast host Matt Zahab to discuss the current bullish situation in the crypto market. In a wide-ranging, exclusive interview, Pierce talked about the US returning to the crypto scene as a participant following the spot Bitcoin ETF approvals,...
Manufacturing activity in the U.S. unexpectedly contracted at an accelerated rate in the month of February, according to a report released by the Institute for Supply Management on Friday. The ISM said its manufacturing PMI dipped to 47.8 in February from 49.1 in January, with a reading below 50 indicating contraction. Economists had expected the...
Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as tender among dark web vendors of CSAM. Like other things listed on the dark web, CSAM is often bought and sold with Bitcoin. However, the privacy coin Monero (XMR)...
A report released by the Commerce Department on Friday unexpectedly showed a modest decrease in U.S. construction spending in the month of January. The Commerce Department said construction spending dipped by 0.2 percent to an annual rate of $2.102 trillion in January after jumping by 1.1 percent to a revised rate of $2.106 trillion in...
On March 1, a cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 BTC (about $12,877) for a Bitcoin Ordinals NFT listed at 0.021 BTC (about $1,287) due to a fat...
At 10 am ET Friday, ISM manufacturing PMI, U.S. construction spending and University of Michigan\'s final consumer sentiment index have been released. After the data, the greenback pulled back against its major counterparts. The greenback was trading at 1.2619 against the pound, 1.0870 against the euro, 0.8863 against the franc and 150.25 against the yen...
By Foo Yun Chee BRUSSELS (Reuters) - Elon Musk\'s X social media platform, TikTok owner ByteDance and Booking (NASDAQ:BKNG).com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers, the European Commission said late Friday, after notifications by the companies. The Digital Markets Act (DMA) designates companies with more than 45 million...
By Foo Yun Chee BRUSSELS (Reuters) - Europe\'s second highest court has said EU regulators should pay 785,857.54 euros ($851,634) of legal fees for Qualcomm (NASDAQ:QCOM), less than 10% of the 12 million euros sought by the U.S. chipmaker after it won an appeal against an antitrust fine. The Luxembourg-based General Court said the number...