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Former vice chair of the Federal Reserve speculates what will happen with the U.S. interest rates
Former Federal Reserve vice chair Richard Clarida shared his opinion about what would happen to interest rates now that the Fed has cut rates after four years. Clarida explained on FT that the level at which interest rates settle will be crucial to the entire economy, mentioning that it was not only a matter of semantics.Cryptopolitan
Oct 14, 2024
Copper appoints former Goldman Sachs MD Amar Kuchinad as new CEO
Crypto custodian Copper has appointed Amar Kuchinad, a former Goldman Sachs managing director, as its new Chief Executive Officer. Kuchinad will take over from Dmitry Tokarev, who held the position for the past seven years. While stepping down from day-to-day operations, Tokarev will remain involved as Copper’s founding director and a shareholder. What he brings […]Cryptopolitan
Oct 14, 2024
Talos to double its APAC roster within the next 12 months
Talos Trading Inc. is planning to hire new employees to increase its headcount in the Asia-Pacific (APAC) region. The software company will execute the plan within the upcoming 12 months. The company will focus on adding new people to many departments including business development, customer service, engineering, and product-related roles. Talos is a software as […]Cryptopolitan
Oct 14, 2024
Bitcoin buy walls strengthen, neutralizing sell walls across all exchanges
Bitcoin’s buy orders have gained strength across all exchanges, according to a recent data analysis shared by CryptoQuant founder. Ki Young Ju, the founder of CryptoQuant, shared insights into the current state of Bitcoin’s order books. According to his analysis, BTC buy walls on all exchanges have now become strong enough to neutralize sell walls. […]Cryptopolitan
Oct 14, 2024
Bitcoin mining profitability fell in September, according to Jefferies report
Jefferies investment banking firm released a report indicating Bitcoin mining profitability fell in September. According to the report, miners had difficulty dealing with increasing hashrate and stagnant BTC prices.Cryptopolitan
Oct 14, 2024
8 Best Bitcoin Cloud Mining Sites in 2024 – Legit & Guide
For individuals seeking passive income in the crypto realm, cloud mining has become quite appealing. Individual miners find it difficult to compete since conventional mining techniques consume plenty of electricity and call for costly tools. By letting users mine digital currencies without requiring their own hardware or infrastructure, cloud mining is a more affordable and […]Cryptopolitan
Oct 14, 2024
Tokenized gold market on Morpho loses $230K after Oracle misconfiguration mishap
The Paxos tokenized gold (PAXG) market on DeFi protocol Morpho Protocol suffered an exploit today, leading to a $230,000 loss. According to Chaos Labs founder Omer Goldberg, the incident was caused by a mistake during the setup of the Oracle pricing for $2.6 trillion. In a post-mortem of the incident shared on X, Omer explained […]Cryptopolitan
Oct 14, 2024
Arkham Intelligence to launch crypto derivatives exchange in the Caribbean
Arkham Intelligence Inc., a blockchain data firm, is set to launch a crypto derivatives exchange in November. As Bloomberg reported, the firm is charting its course from America to the shores of Punta Cana in the Dominican Republic.Cryptopolitan
Oct 14, 2024
Telegram expands into Kazakhstan with new office to strengthen compliance
Telegram is opening an office in Kazakhstan to boost its local compliance with the country’s legal framework. The country’s laws now require social media platforms to appoint representatives and establish physical offices within their borders. Kazakhstan’s Minister of Digital Development, Innovations, and Aerospace Industry, Baglan Madiyev, confirmed that Telegram is actively cooperating with the government. […]Cryptopolitan
Oct 14, 2024
Apple faces double whammy of AI challenges ahead of smart home offerings launch
Apple is reportedly preparing to launch new smart home offerings powered by artificial intelligence (AI). While the iPhone maker wishes to carve a niche in a highly competitive market, it will face AI-specific challenges that it is unfamiliar with. Apple is reportedly moving towards hardware development, with plans for a dedicated operating system, homeOS, and […]Cryptopolitan
Oct 14, 2024
