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Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion. 2550 Total views 44 Total shares Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by […]

Gold futures climbed sharply on Wednesday, with prices up by just over 2% to settle at their highest in almost a week. Gold prices welcomed the Bank of England’s “dramatic intervention that avoided an imminent gilts crash and sent global bond yields sharply lower,” said Edward Moya, senior market analyst at OANDA. “This was somewhat […]

Updates to correct direction of change in weekly crude supplies. The Energy Information Administration on Wednesday reported that U.S. crude inventories edged down by 200,000 barrels for the week ended Sept. 23. On average, analysts forecasted a climb of 400,000 barrels, according to a poll conducted by S&P Global Commodity Insights. The EIA also reported […]

An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds. 2973 Total views 364 Total shares An Ethereum arbitrage trading bot managed to hit the jackpot and lose it all on the same day in an ironic turn […]

BTRS Holdings Inc. BTRS, +60.23% announced Wednesday an agreement to be acquired in a deal valued at $1.7 billion by private-equity fund EQT X fund, which is part of EQT. BTRS’s stock was halted for news until 9: 50 a.m. Eastern. Under terms of the deal, shareholders of the accounts receivable automation and payments company, […]

President Joe Biden on Wednesday said oil companies should not use Hurricane Ian as “an excuse to raise gasoline RB00, +2.26% prices,” as the storm was expected to make landfall north of Fort Myers, Fla., on Wednesday morning or early afternoon. “Do not — let me repeat, do not — do not use this an […]