French financial services provider Societe Generale S.A. reported Friday that its first-quarter net profit declined from last year amid nearly stable net revenues. Gross operating income, however, increased from the prior year. In Paris, Societe Generale shares were gaining around 4.4 percent in the morning trading. Slawomir Krupa, Chief Executive Officer, said, \"We are progressing...
The Hundred Finance hacker, responsible for the $7.4 million crypto theft, resurfaced on May 1 after a year of inactivity and started moving crypto assets from Curve’s decentralized exchange. Etherscan data revealed that a year ago, the hacker withdrew ETH and USDT worth about $800,000 that had previously served as liquidity on Curve. Hundred Finance...
Indian shares ended Friday\'s session deep in the red despite encouraging cues from global markets. Giving up early gains, the benchmark S&P BSE Sensex ended the session down 732.96 points, or 0.98 percent, at 73,878.15. The broader NSE Nifty index hit record levels in the first hour of trade before reversing course to end at...
Canadian shares look headed for a positive start Friday morning, tracking firm crude oil prices and gains in European markets. Encouraging earnings updates from Apple Inc., is also likely to aid sentiment. Investors will also be reacting to a slew of earnings updates from Canadian and U.S. companies, and U.S. non-farm payroll data for April....
Paragraph, a web3 publishing startup, has secured $5 million and taken over the blogging platform Mirror. According to a recent announcement by Mirror Development, the new funding round was led by Coinbase Ventures and Union Square Ventures. Paragraph is set to assume stewardship of Mirror, including its product, design system, and brand. Paragraph Takes Over...
After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised...
Ethereum Name Service (ENS) has petitioned the United States Patent and Trademark Office (USPTO) to challenge a blockchain naming patent held by Unstoppable Domains (UD). According to a series of posts ENS published on social media, UD obtained a patent for an open-source technology developed by ENS Labs. The company now has officially petitioned to...
After reporting stronger than expected job growth over the past several months, the Labor Department released a report on Friday showing employment in the U.S. increased by much less than expected in the month of April. The Labor Department said non-farm payroll employment climbed by 175,000 jobs in April after surging by an upwardly revised...
After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its services PMI dipped to 49.4 in April from 51.4 in March, with a reading below 50 indicating contraction. Economists had expected...
Crypto-powered narcotics gangs have turned Korean-language Telegram channels into “drugs department stores” and a “playground” for young South Koreans, media outlets reported on April 28. Newspapers such as Seoul Kyungjae noted that it has been almost a year since South Korean President Yoon Suk-yeol called for an “all-out war” on crypto-powered drug trafficking. Yoon’s comments...