BlockDAG stands as a titan in the crypto universe, thanks to its pioneering 38th Dev Release, which transforms consensus mechanisms with its unique Directed Acyclic Graph (DAG) architecture. This innovation brings notable enhancements to transaction ordering and block validation, employing a new timestamp-based sorting method. This technique guarantees precise and secure transaction sequencing across multiple…
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns of 1.6-2.8% for 120 days on investments between $50 and $49,999, they lured…
The frenzy to buy Indian bonds ahead of their entry into a key global debt index is set to pause if China’s experience is any guide. from Bloomberg Markets https://ift.tt/XRU2GvY
U.S. stocks fell after the benchmark 10-year Treasury yield rose to 4.623%, its highest level since April 30. The S&P 500, Dow and Nasdaq slid 0.7%, 1.1% and 0.6%, respectively. https://www.wsj.com/finance/stocks/global-stocks-markets-dow-news-05-29-2024-f5ea8a60
George Hongchoy, Executive Director and CEO at Link Asset Management, discusses his key takeaways from the group’s full year results, and speaks on the current retail property market environment in Hong Kong and Mainland China. He speaks with Haidi Stroud-Watts and Paul Allen on “Daybreak Asia”. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/rtglNVB
The super PAC supporting Democrats’ effort to win back the House majority will launch a $100 million fund focused on abortion rights to be spent in swing districts for advertising and voter mobilization. https://www.wsj.com/politics/elections/democrats-plan-100-million-push-on-abortion-rights-to-win-house-a2106302
Tyronn Lue recently wrapped up his fourth season as head coach of the Los Angeles Clippers. After finishing the 2023-24 regular season with 51 wins, the most under Lue, the team was eliminated in the first round of the playoffs for a second consecutive season. But Lue appeared to remain highly respected within the Clippers…
We took five of the hottest AI bots and tested them on being useful with everyday stuff. Here’s how they ranked. https://www.wsj.com/articles/more-amp-raquo-840780cd
Nigeria adopted a new national anthem on Wednesday after lawmakers passed a law that replaced the current one with a version dropped nearly a half-century ago, sparking widespread criticism about how the law was hastily passed without much public input. President Bola Tinubu’s assent to the law comes a day after it was approved by…
Ray Attrill. global head of foreign exchange strategy at National Australia Bank, discusses the outlook for the yen, the dollar, the euro. bond yields and central banks’ policies. He speaks on “Bloomberg: Daybreak Asia.” (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Zuy47wG