By Simon Jessop LONDON (Reuters) - Diversity focused venture capital investor Impact X Capital Partners said on Monday it was looking to raise 100 million pounds ($126 million) for its second fund and already has backing from investors including Bank of America. The firm, an early backer of fast-growing insurance technology company Marshmallow, said it...
The British pound weakened against other major currencies in the European session on Friday. The pound fell to more than a 2-month low of 0.8590 against the euro, a 1-month low of 1.2585 against the U.S. dollar and a 3-day low of 190.73 against the yen, from early highs of 0.8568, 1.2675 and 192.24, respectively....
UK retail sales steadied in February after rebounding at the start of the year, as poor weather lead to a reduction in footfall, data released by the Office for National Statistics showed on Friday. Retail sales were unchanged from January, when they expanded by a revised 3.6 percent in January. Sales were forecast to fall...
-- Most Asian stocks moved in a flat-to-low range on Monday as sentiment remained on edge before key economic readings this week, with Japan’s Nikkei 225 retreating from record highs. Regional markets took a middling lead-in from Wall Street, as U.S. stock indexes closed a shade lower on Friday. US stock futures also tread water...
Solana (SOL) has seized the spotlight as the leading blockchain of the year, commanding nearly half of global crypto investor attention in chain-specific narratives, according to CoinGecko. This dominance is fueled by SOL’s resurgence to 2021 highs, buoyed by the strong performance of key project tokens such as Pyth and meme coins like Dogwifhat (WIF)....
Decentralized gaming startup Yield Guild Games (YGG) announced it has launched the YGG token on the Ronin network, reaching more gamers in the Web3 community. Sky Mavis and the Ronin community approved the launch of the YGG token on the network. The token went live on the Ronin network March 21. YGG said the aim...
Business confidence in Germany improved in March on stronger expectations and better assessment of the current conditions, survey results from the ifo Institute showed on Friday. The business sentiment index rose more-than-expected to 87.8 from an upwardly revised 85.7 in February. The score was forecast to climb to 86.0. Moreover, this was the highest score...
The Super Sushi Samurai (SSS) game experienced a catastrophic security breach, resulting in a 99.9% drop in its token value. A double-spending glitch was exploited within the game, leading to unauthorized withdrawals totaling $4.8 million from its liquidity pools. This vulnerability, identified in the project’s smart contracts, allowed users to manipulate their token balances. We...
European stocks ended on a mixed note on Friday with investors largely staying on the sidelines, or taking some profits after recent record highs. In addition to digesting the latest batch of economic data, markets reacted to some earnings and other corporate updates. Although markets found support from recent dovish comments from central banks, investors...
Estonian government has passed a legislation that shifts crypto oversight to the Financial Supervision Authority (FSA) starting 2026. The bill aims to regulate local crypto service providers in a bid to regulate the nascent market. Per reports from local media on Thursday, the law, if approved, will toughen up operational and reporting requirements. The bill is...