Day: September 8, 2022

Sep 08
Algorand upgrade boosts speed, adds trustless cross-chain communication

Algorand has increased its transaction speed, processing capacity and cross-chain functionality with a major upgrade. 1220 Total views 53 Total shares Pure proof-of-stake (PPoS) blockchain Algorand has introduced cross-chain communication and transaction speed improvements with the latest upgrade to its protocol. The layer-1 blockchain network announced the implementation of State Proofs to its mainnet, which introduces […]

Sep 08
Australian dollar become every day cheaper. Overview for 08.09.2022

The Australian dollar against its US counterpart is declining slowly but steadily. The current quote 0.6748. The pressure that the USD applies to other currencies is too much to develop any alternative trend. The morning statistics demonstrated that the hopes for trade surplus in Australia had not come true. The surplus in July turned out […]

Sep 08
Devaluation of yen will continue. Overview for 08.09.2022

The Japanese yen against the US dollar looks extremely weak. The current quote is 143.82. The morning statistics demonstrated that the Japanese GDP in Q2, 2022 grew by 0.9% q/q and 3.5% y/y. In both cases, the result turned out to exceed expectations. It was a great surprise because investors had not expected much from […]

Sep 08
Community calls out bots spamming crypto Twitter threads

Members of the crypto community brought up the issue of Twitter bots and urged the social platform to do something. 639 Total views 46 Total shares Twitter is a platform for community members to discuss various perspectives on issues within the crypto space. However, productive discussions are often hindered by bots that spam “why is […]

Sep 08
MICRO E-MINI RUSSELL 2000 INDEX Futures (M2K1!), H4 Potential For Bearish Continuation

Type: Bearish DropKey Levels:Resistance: 1825Pivot: 1777.8Support: 1743.5Preferred Case:On the H4, with price moving within a descending channel and below the ichimoku indicator, we have a bearish bias that price will drop from pivot at 1777.8 where the overlap support is to the 1st support at 1743.5, which is in line with the overlap support.Alternative Scenario:Alternatively, […]

Sep 08
MICRO GBP/USD Futures (M6B1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 1.1609Pivot: 1.1504Support: 1.1445 Preferred Case:On the H4, with the price pullback from the support, breaking the descending trendline, combined with the fundamental news, we have a short term bullish bias that the price may rise from the pivot at 1.1504, where the current price is to the 1st resistance at […]

Sep 08
Avalanche flash loan exploit sees $371K in USDC stolen

Avalanche-based lending protocol Nereus Finance has been the victim of a crafty hack that saw a user net $371,000 worth of USD Coin (USDC) using a smart contract exploit. Blockchain cybersecurity firm CertiK was one of the first to detect the exploit on Tuesday, indicating that the attack impacted liquidity pools on Nereus relating to […]

Sep 08
Central Bank publishes research outlining key climate risk channels for the economy

Climate change risks to households and businesses will vary considerably, depending on factors including the location of physical assets, energy efficiency, and individual behaviours. The financial sector will be impacted through changes in financial asset values and the effects on businesses and households. Long-run physical risks can only be reduced through policies that support a […]

Sep 08
Central Bank of Ireland Issues Warning on Unauthorised Firm – Biz Credit Lender

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent firm, Biz Credit Lender (Ireland), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. Biz Credit Lender is advertising loans on its website but it holds no authorisation from the Central […]

Sep 08
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Glencar ICAV

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Glencar ICAV (CLONE), operating the website www.glencar-icav.com, has been operating as an investment firm / investment business firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a […]