Singapore Invests $173M in Fintech Innovation Over Three Years
Singapore's $173 million investment in fintech aims to boost regional growth, enhance technology adoption, and strengthen talent in the sector.
Singapore's $173 million investment in fintech aims to boost regional growth, enhance technology adoption, and strengthen talent in the sector.
Crypto.com's Cronos blockchain has been halted following a $75 million exploit involving Tectonic, with $6 million reportedly reaching Ethereum before the
US Treasury Secretary Scott Bessent presents the US growth agenda at the G20 Summit, facing scrutiny and challenges from global financial leaders.
Bitcoin ETFs attracted $232.1 million in inflows, as BlackRock suggests Bitcoin requires less regulatory clarity compared to DeFi and altcoins.
Brent crude oil prices have exceeded $90 as renewed clashes between the US and Iran raise concerns over geopolitical stability and energy market volatility.
The German 10-year Bund yield has surged to a 15-year high, driven by escalating tensions in the Middle East, impacting global bond markets.
Asian shares show mixed performance while oil prices surge in response to the US military strike on Iranian rocket launchers, impacting regional markets.
The dollar's recent strength could face challenges as the Federal Reserve's September rate hike remains uncertain, impacting currency markets.
The UAE's foreign ministry asserts its right to respond to an Iranian attack, potentially escalating tensions in the Gulf and complicating US-Iran relations.
Oil prices rose as Brent crude topped $90 following renewed military exchanges between the U.S. and Iran, marking the first conflict in a month.
Asian stocks displayed mixed performance as rising Middle East tensions and hawkish comments from Fed Chair Warsh dampened investor sentiment.
Fed Chair Kevin Warsh's recent remarks suggest potential increases in the 2027 Social Security cost-of-living adjustment due to rising inflation concerns.
The US and Iran exchanged military strikes, escalating tensions. Traders are increasingly betting on a Fed rate hike next month as inflation concerns grow.
Wolf von Rotberg of J Safra Sarasin discusses how Fed Chair Warsh's recent speech at Jackson Hole did not alter their outlook for US equities amid expected
A recent exploit on the Cronos blockchain linked to Crypto.com has drained $6 million, raising concerns about vulnerabilities in DeFi protocols and asset
A 36-day backlog in Ethereum staking is leading to over $350,000 in daily lost rewards for depositors, highlighting significant opportunity costs.
A Crypto.com-linked lending platform suffered a $6 million loss due to an exploit that involved manipulating token prices, according to PeckShield.
The US and Iran have resumed military strikes, contributing to the Japanese yen's decline below 160 per dollar, signaling increased geopolitical tensions.
Bitcoin remains just under $78,000 as the dollar's strength drives the yen past 160, impacting the crypto market as August concludes.
Sberbank anticipates $46 billion in crypto exchange trading in the first year following the implementation of new regulations in Russia starting September 1,