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Investment
Binance Labs invests in layer-2 protocol AltLayer
Binance Labs has invested in AltLayer, a decentralised Rollups-as-a-Service (RaaS) protocol.
The collaboration is aimed…
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new loans fall, property fears, low consumer sentiment
A woman walks at the Bund in front of the financial district of Pudong in Shanghai, China.Aly Song | ReutersBEIJING – China's economy is running into more challenges.Credit data for July released Friday showed a slump in demand from…
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What it means for Shiba Memu presale
Key takeaways
PayPal, one of the leading payment service providers in the world, announced earlier this week that it had…
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Aerial photos show destruction as wildfires ravaged Lahaina, Hawaii
The hall of historic Waiola Church in Lahaina and nearby Lahaina Hongwanji Mission are engulfed in flames along Wainee Street in Lahaina, Hawaii, Aug. 8, 2023.Matthew Thayer/ | The Maui News | APWildfires in Hawaii have devastated the…
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SoFi Bank holds $170 million in crypto
SoFi Bank’s second quarter earnings report indicated crypto holdings of $170 million.
It includes Bitcoin, Ethereum,…
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Wegovy-maker Novo Nordisk raises outlook as sales of its weight-loss drug soar
A selection of injector pens for the Saxenda weight loss drug are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. Jim Vondruska | ReutersNovo Nordisk, which makes the weight-loss drug Wegovy, raised its…
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Bitstamp is raising funds to expand services in Asia and Europe: Bloomberg report
TL;DR
Bitstamp seeks to expand the number of markets it serves
Bitstamp, one of the oldest crypto exchanges, has…
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Japanese tech giant reports surprise loss
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp.Kiyoshi Ota | Bloomberg | Getty ImagesSoftBank reported a surprise loss in the first quarter covering April-June, despite an investment gain from its massive…
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Oil prices rise after Saudi, Russia cuts and Russian oil export hub attack
Bill Ross | The Image Bank | Getty ImagesOil prices surged Monday to their highest since mid-April, following an attack on a key Russian oil export hub and extended production cuts by OPEC kingpin Saudi Arabia and Russia.Over the…
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Shiba Inu and IOTA become collateral assets on Binance
Key takeaways
Crypto exchange Binance has added SHIB, IOTA and other cryptocurrencies as collateral assets on its…
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