3AC liquidators file $1.3B claim against Terraform Labs
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.
3AC liquidators alleged that Terraform Labs misled the Singaporean hedge fund about the stability of tokens in the Terra ecosystem.
A panel of three judges has partially reversed a class-action lawsuit that alleged Binance.US and CoinMarketCap manipulated the price of the HEX token.
According to CoinDesk, former Bank of Japan (BOJ) official Makoto Sakurai has indicated that the central bank will likely postpone additional interest rate hikes until next year, prioritizing market stability in the near term. Sakurai, a former board member, stated on Friday that the BOJ could not implement another rate hike for the remainder of the year. He suggested that the next potential rate hike might occur by March 2023.The BOJ recently raised its key interest rate to approximately 0.25% from a range of zero on July 31, marking the first increase in over a decade. This move signalled the possibility of further rate hikes. The shift away from the zero interest rate policy led to an appreciation of the Japanese yen, which in turn caused an unwinding of the
According to Odaily, Polish Central Bank member Kotecki has indicated that there is potential for interest rate cuts in 2025 if the country experiences low economic growth. This statement highlights the central bank's readiness to adjust monetary policy in response to economic conditions.
According to Odaily, analysts at Malayan Banking Berhad (Maybank) have indicated in a foreign exchange research and strategy report that the market widely anticipates the U.S. core Consumer Price Index (CPI) for July to slightly decrease from 3.3% in June to 3.2%. This expected inflation data is considered most favorable for the market. While such data might reduce the likelihood of aggressive rate cuts by the Federal Reserve and potentially lead to a further rise in the U.S. dollar, an improvement in risk sentiment could slow the dollar's upward momentum.
The junior senator from Texas has spoken at several crypto conferences about Bitcoin mining and its potential benefits for the Lone Star State’s energy grid.
The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale.
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim.
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate.