Reality Labs Division Under Meta Reports $3.7B Q3 Loss
Meta Platforms Inc. recently disclosed in its third-quarter earnings report that its Reality Labs division, the unit spearheading the company’s…
JPMorgan Signals Legal Risks for SEC in the Bitcoin ETF Approval Saga
JPMorgan analysts, led by Nikolaos Panigirtzoglou, in a recent report, warned that the U.S. Securities and Exchange Commission (SEC) could…
Binance Pushes Back: “CFTC isn’t the World’s Derivatives Police”
Binance, a leading cryptocurrency exchange, recently challenged the U.S. Commodity Futures Trading Commission (CFTC) in a filing, criticizing its claim…
ETH Staking APY Hits 3.5%: A Closer Look at Profitability
The allure of Ethereum staking has historically been its attractive Annual Percentage Yield (APY), enticing a significant portion of token…
Swap Costs Rise as Uniswap CEO Announces New Fee Structure
Uniswap CEO Hayden Adams has announced a new 0.15% swap fee for selected tokens, a change set to be implemented…
SEC Chairman Gensler Issues Warning on AI’s Role in Finance
Gary Gensler, the SEC Chairman, has expressed skepticism towards Artificial Intelligence in finance, urging regulators to consider the potential risks…
Frax Finance Dives into RWA: A New Chapter in DeFi
Frax Finance, a notable player in the DeFi sector, has integrated Real World Assets (RWA) into its protocol to enhance…
U.S. Senator Points Finger at Crypto in Israel-Palestine Conflict
Amid the tumult of transactions linked to the ongoing Israeli-Palestine conflict, policymakers, spearheaded by Senate Banking Chair Sherrod Brown and…
Bitcoin Eyes Recovery Amid Anticipated 3.6% US CPI
Wall Street analysts are anticipating a decline in the US consumer price index (CPI) to 3.6%, sparking a modest recovery…
Senators Push for Swift Implementation of Crypto Tax Rules
Democratic senators, led by Sen. Elizabeth Warren, are pressing the IRS and the Treasury Department for the expeditious implementation of…