UAE’s Capital Markets Authority shut each the Abu Dhabi (ADX) and Dubai Financial Market (DFM) inventory exchanges for March 2–3 after Iran struck main ports and oil tankers throughout the Middle East. The ADX and DFM are the 2 major equities exchanges within the United Arab Emirates, collectively serving because the Gulf area’s key capital…
Ethereum co-founder Vitalik Buterin stated a long-discussed plan to make the blockchain community’s accounts extra versatile might lastly be near implementation. On February 28, Buterin outlined a design constructed round account abstraction that would turn out to be potential with the community’s Hegota fork. How EIP-8141 Could Make Ethereum Wallets More Flexible Buterin described EIP-8141…
Tensions between Washington and Tehran escalated additional on February 27 after the FBI designated Iran as a State Sponsor of Wrongful Detention. The bureau mentioned it stays dedicated to returning Americans held captive overseas and bringing their captors to justice. The FBI highlighted two long-running instances. One includes Robert A. Levinson, a retired FBI particular…
The White House pushed for a breakthrough on stablecoin yield negotiations for the CLARITY Act this weekend. It didn’t occur. Instead, contemporary stories from sources near the talks recommend the crypto market construction invoice stays removed from a closing deal. Banking representatives and crypto lobbyists are nonetheless divided over whether or not stablecoins can generate…
Bitcoin fell sharply on February 27 as geopolitical tensions intensified, pulling the value again to round $65,200 after a number of days of makes an attempt to recuperate towards $70,000. The drop got here as US President Donald Trump prompt the opportunity of a “pleasant takeover” of Cuba, whereas Washington concurrently elevated its army posture…
Major US Bank SoFi now helps Solana community deposits. This means 13.7 million customers of the financial institution can ship SOL straight to their SoFi crypto accounts from exterior wallets. The US-chartered financial institution introduced the replace on X, stating customers should buy, promote and maintain SOL contained in the SoFi app. SoFi 🤝Solana. Simple….
January’s PPI (Producer Price Index) printed +2.9% year-over-year (YoY) towards a +2.6% forecast, with core PPI surging +3.6% versus +3.0% anticipated, sending US equities decrease and reviving stagflation speak throughout crypto and macro communities. The Producer Price Index measures wholesale-level inflation. This is what companies pay earlier than prices go via to customers, making it…
Mutuum Finance, a decentralized lending and borrowing cryptocurrency protocol at present working on the Sepolia testnet, has reported surpassing $150 million in testnet whole worth locked (TVL). The workforce additionally introduced ongoing growth exercise, together with a brand new function scheduled for launch subsequent week. Mutuum Finance (MUTM) The MUTM token is at present priced…
Over $8.72 billion in Bitcoin and Ethereum choices expire immediately, marking February’s largest derivatives occasion. The expiring choices place the crypto market at a important inflection level, with volatility elevated and sentiment fragile. February’s $8.72 Billion Expiry Crossroads: Will Bitcoin and Ethereum Face the Pain Trade? Bitcoin accounts for the lion’s share of the publicity,…
Twitter co-founder Jack Dorsey mentioned that his firm, Block, will cut back its workforce by almost half, slicing greater than 4,000 staff and shrinking the corporate from over 10,000 workers to simply underneath 6,000. The firm is reportedly shedding workers grow to be of AI instruments doubtlessly making them redundant. AI-Driven Layoffs Continue In a…