South Korean lawmaker, Kim Nam-kuk, is facing criticism after investing $4.5 million in a crypto token by the South Korean game developer Wemade.
Fees have spiked in bitcoin due to a new BRC20 standard driving network usage.
The cost of insuring against a US government default on its $31.4tn debt has surged tenfold in the past six months, with concerns over the creditworthiness of the US arising…
Investors are fleeing regional banks as the stocks of PacWest, Western Alliance Bancorporation, First Horizon Corporation, and Zion drop by around 50%, 38.94%, 37%, and 10%, respectively.
The Federal Reserve Banks have for the first time in more than 12 months not suggested that more hikes are coming. Fed’s chair Jerome Powell, asked if we are to.
The yield curve, a leading indicator of recessions, has reached record levels of negative spread between three-month and ten-year US Treasury bonds.
Bitcoin experienced a glitch on Bitfinex futures, causing its price to spike at $57,000 for one minute before returning to $28,000, with the order book in the upwards direction cleared…
Bitcoin's hashrate has surged to a new all-time high of over 350 exahashes a second as new miners enters the scene and Block prepares launch of a 5 nanometers asics…
Bank stocks dive across the board as investors reprice the risks of a new two tier system with PacWest losing 25% and even Bank of America down 4%.
Germany's economy has contracted by 0.1% in the first quarter of 2023 as the monetary tightening starts to bite.