The Singapore stock market has ended lower in consecutive trading days, shedding more than 50 points or 1.4 percent along the way. The Straits Times Index now sits just shy of the 3,590-point plateau and it may extend its losses again on Wednesday. The global forecast for the Asian markets is soft thanks to rising...
What the researchers found is that, two days after the hack, the median native token price saw a 10% drop. More precisely, 34% of the affected tokens fell 10%, 11.4% fell over 50%, and 5.1% fell over 90%. In the five-day period post-hack, the median token price decline was 19%. Now, more than 7% of...
Business advisory firm FTI Consulting, Inc. (FCN) reported Thursday that net income for the second quarter increased to $83.95 million or $2.34 per share from $62.40 million or $1.75 per share in the year-ago quarter. Revenues for the quarter grew 10 percent to $949.16 million from $864.59 million in the same quarter last year. On...
Crypto custodian Fireblocks announced on Wednesday that it has launched its dApp Protection and Transaction Simulation products, which will help protect institutions from run-ins with decentralized finance (DeFi) scammers. Fireblocks’ DeFi Protection Tools Both products have undergone beta testing with Galaxy and FlowDesk since December of last year. They are now available to safety check...
On February 23, Injective Protocol announced a strategic partnership with DojoSwap to launch the CW-404 standard, a groundbreaking token standard inspired by ERC-404. This collaboration aims to foster innovation and interoperability within the decentralized finance (DeFi) ecosystem. ‘Semi-fungible’ Tokens Find A Place to Flourish Injective announced this update in a post on X (formerly Twitter),...
-- Japan’s Nikkei 225 index rose sharply to record highs on Thursday as investors remained largely optimistic about a dovish Bank of Japan despite the central bank’s first rate hike in 17 years. The Nikkei 225 jumped nearly 2% in morning trade to a record high of 40,787 points, and was within spitting distance of...
JAKARTA - PT Net Visi Media Tbk (NETV) is carrying out a reverse stock merger starting next week, with a ratio of 2:1 or two old nominal shares into a new share. Later, the new nominal value of Series A shares will be IDR 200 per share from the previous IDR 100 per share (Series...
Bank lending to households in the euro area logged its fastest growth in ten months in August, however, the pace of growth was weak, data published by the European Central Bank revealed Thursday. Lending to households moved up 0.6 percent from a year ago, following a 0.5 percent rise in July. Lending marked the biggest...
By Suzanne McGee (Reuters) - The fervor around artificial intelligence has sparked a gold rush into AI-themed ETFs, as investors seek fresh ways to play the burgeoning technology following breathtaking rallies in market darlings such as Nvidia (NASDAQ:NVDA). The funds run the gamut from those offering a bouquet of the biggest AI winners to more...
Argentina’s top financial regulator says crypto exchanges must apply for operating permits, in a move that will apply to both “individuals and legal entities.” Per a Securities and Exchange Commission (CVM) ruling, vendors who sell crypto in the country must now sign up to the “Virtual Asset Service Providers Registry (PSAV).” Argentina Crypto Exchanges –...