Retik Finance initially seemed promising, with a peak price of $3.16, but it recently dropped to just $1.25, losing over 50% of its value. This sharp decline highlights the DeFi market’s instability, prompting investors to search for more secure investment avenues. In stark contrast, BlockDAG is gaining a strong foothold in the cryptocurrency market, with…
The Economic and Financial Crimes Commission (EFCC) has issued a warning against the practice of spraying naira notes at social events, emphasizing that it diminishes the dignity of the currency. In a recent post on its official X page, the Nigerian anti-graft agency urged residents to respect the naira and avoid ridiculing it. The EFCC…
Chief Compliance Officer of Bitwise Katherine Dowling says in the last two weeks we’ve seen a “tectonic shift emulating from Washington” as the SEC seeks approval for an Ether ETF, and crypto will factor in the upcoming US election. She speaks with Katie Greifeld and Tim Stenovec on “Bloomberg Crypto.” (Source: Bloomberg) from Bloomberg Markets…
Independent MP Emmanuel “Jay Jay” Banda is in hospital after an alleged abduction over the weekend. https://ift.tt/owsh4aR May 28, 2024 at 08:22PM
The Biden administration is urging big technology companies to ramp up efforts to curb antisemitic content on social media and gaming platforms, which has surged in recent years. from Bloomberg Politics https://ift.tt/M7izs4Y
Celsius Holdings Inc. shares dropped by the most in more than three years after industry sales data signaled that the energy-drink maker’s revenue growth is cooling. from Bloomberg Markets https://ift.tt/ZjG7LCA
Rudy Gobert made the decision to miss a playoff game in order to be there for the birth of his first child. The now four-time Defensive Player of the Year missed his Minnesota Timberwolves second-round game against the Denver Nuggets (Minnesota won), and it drew controversy. Much of the controversy came from ex-NBA star Gilbert…
Germany and France have agreed to make rapid progress to deepen the European Union’s capital markets to boost investment in the bloc after years of discussions, French President Emmanuel Macron said. from Bloomberg Markets https://ift.tt/xQwJANS
The three European nations aim to refocus attention on finding a political solution to the Gaza war. https://ift.tt/uTZq0RP May 28, 2024 at 07:40PM
New Zealand’s new government is likely to announce bigger deficits and increased borrowing in its first budget as it presses ahead with tax cuts despite weaker revenue. from Bloomberg Politics https://ift.tt/oq47ELu