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U.K. bond yields tumbled on Monday ahead of a planned statement from new Chancellor of the Exchequer Jeremy Hunt laying out budget plans ahead of the Oct. 31 medium-term plan. The yield on the 30-year gilt TMBMKGB-30Y, 4.473% fell 36 basis points to 4.49%, while the pound GBPUSD, +0.58% rose to $1.1257. Hunt also gave […]
Australia’s chief financial market regulator has placed interim stop orders on three cryptocurrency-related funds set to be offered to retail investors, due to non-compliant target market determinations (TMDs). In a media release dated Oct. 17 local time, the Australian Securities and Investments Commission (ASIC) said it has placed interim stop orders on three of Australian […]
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto. 603 Total views 7 Total shares The founder and CEO of cryptocurrency exchange FTX, Sam Bankman-Fried has backed the idea of knowledge tests and disclosures to protect retail investors but said it […]
According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.” 284 Total views 3 Total shares Japan’s national police have pinned North Korean hacking group, Lazarus, as the organization behind several years of […]
While highly regarded even at the time of its writing, Marc Andreessen’s 2011 landmark essay, “Why Software Is Eating the World,” has proven even more prophetic than it seemed at the time. At the dawn of a decade when software would prove invaluable to nearly every aspect of modern life, Andreessen argued that every company […]
This month, the European Union (EU) agreed on the text for a unified licensing regime for cryptocurrency exchanges to operate across the EU bloc as part of its Markets in Crypto Assets Regulation (MiCA). The United States — despite being a traditional global leader in legal frameworks for technological innovation — has not provided that […]