News

Oct 18
The Australian dollar is trying to rise. Overview for 18.10.2022

The Australian dollar remains in a weak position against the US dollar, although it is trying to bounce back. The current quote in the AUDUSD is 0.6308. Relations with China are coming to the fore for Australia. The Prime Minister said today that Australia should cooperate with China wherever possible. China has cancelled its planned […]

Oct 18
The Pound’s rise has come to a halt. Overview for 18.10.2022

The British pound sterling has stabilised against the US dollar. The current quote in GBPUSD is 1.1343. The political news stream in the UK is brimming with events and emotions, but at the moment the pound is “not paying attention”. The “focus” is the Bank of England and what is happening with it: investors are […]

Oct 18
Intel’s Mobileye sets IPO terms, which could value the company at up to $15.9 billion

Intel Corp.’s INTC, +1.97% Mobileye Global Inc. has set terms for its initial public offering, in which the advanced driver assistance systems (ADAS) and autonomous driving technologies company looks to raise up to $820 million and be valued at up to $15.93 billion. Mobileye plans to offering 41.0 million Class A shares in the IPO, […]

Oct 18
Mango Markets exploiter said actions were ‘legal,’ but was it?

A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action. 551 Total views 7 Total shares The $117 million Mango Markets exploiter has defended that their actions were ‘legal,’ but a lawyer suggests that they could still face consequences. Self-described digital art […]

Oct 18
‘Not even a single TX has been censored on ETH’ — Cyber Capital founder

Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds. 745 Total views 7 Total shares Ethereum bulls have hit back against claims the network has become prone to censorship post-Merge, with one arguing that “not even a single” transaction has been censored on the network.  […]

Oct 18
Walmart CTO says crypto will become a ‘major’ payments disruptor

Suresh Kumar suggested that crypto will become an important payment tool across the Metaverse and social media, as these areas will be a major way customers discover new products. 242 Total views 6 Total shares Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a “major” area of disruption, particularly in […]