SEC Sues NovaTech for $650M Fraud Schemeby John Darbie 14.08.2024The SEC accuses NovaTech of a $650M fraud, calling it a pyramid scheme targeting over 200,000 investors worldwide.
AI Fundraising Thrives Amid Taiwan Market Challengesby Lilu Anderson 14.08.2024Taiwan's tech firms leverage convertible bonds for AI investments, defying market volatility to secure dollar funding.
Dogecoin Surges: $1.15 Billion in 24 Hoursby John Darbie 14.08.2024Dogecoin sees a 52% volume increase, signaling potential rally with bullish market interest.
Grayscale Launches MakerDAO Fund for Accredited Investorsby Mark Eisenberg 14.08.2024Grayscale introduces MakerDAO Trust, offering exposure to MKR for accredited investors, differing from their bitcoin ETFs.
Marathon Digital Plans $250M Convertible Debt Saleby John Darbie 14.08.2024Marathon Digital aims to raise $250M through convertible notes for Bitcoin purchases and corporate uses.
El Salvador’s $1.6B Bet on Bitcoin City: A Gamble?by Mark Eisenberg 14.08.2024El Salvador invests $1.6B in Bitcoin City, transforming ports into economic hubs amid crypto adoption. Is this a visionary leap ...
OPEC Revises Oil Demand Forecast Amid China Concernsby Mark Eisenberg 14.08.2024OPEC cuts 2024 oil demand growth forecast, citing China's sluggish demand and dilemmas for production hikes.
Fitch Downgrades Ukraine to ‘Restricted Default’by Mark Eisenberg 14.08.2024Ukraine faces financial strain as Fitch downgrades its rating, citing default on bonds amid ongoing efforts for debt restructuring.
FTX to Pay $12.7B in Customer Relief, CFTC Saysby John Darbie 14.08.2024Bankrupt exchange FTX ordered to repay $12.7B to customers, ensuring full recovery before CFTC collects its dues.
NIST Unveils Quantum-Resistant Encryption Standardsby Lilu Anderson 14.08.2024NIST releases new encryption standards to counter future quantum threats, urging swift adoption by agencies and private sector.