The Ronin Network and Sky Mavis have vowed to upgrade their smart contracts, offer lucrative bug bounties and ramp up security following the $600 million hack late last month. As Cointelegraph previously reported, the Ethereum sidechain developed for the popular NFT game Axie Infinity was the victim of an exploit for 173,600 Ether (ETH) and
Month: April 2022
AUDUSD toward a swing area The AUDUSD is looking to close lower for the fifth consecutive day although today’s decline would be modest. The current price is just four pips off it’s closing level yesterday at 0.7122. The price is traded mostly above that level today but has rotated back to the downside going into
A senior US administration official: data expected to show smaller growth in Q1 than Q4, slower inventory growth likely an issue after big jump in Q4 US GDP data also expected to show very strong household balance sheets, household consumption, business investment US GDP data will show that ‘economic conditions are still very, very strong’
New Delhi: Gold prices declined by Rs 258 to Rs 51,233 per 10 grams in the local market here on Wednesday in line with lower international metal prices, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 51,491 per 10 grams. Silver also declined by Rs 327 to Rs
Selloff in Euro accelerates again today, as Germany benchmark 10-year yield tumbles back below 0.8 handle. Swiss Franc and Sterling are also the weaker ones. Australian Dollar is supported by stronger than expected CPI reading, but looks rather vulnerable into US session. Indeed the greenback is probably ready to power up again, including against commodity
In this article FB Mark Zuckerberg told the world last October that he was rebranding Facebook to Meta as the company pushes toward the metaverse. Facebook | via Reuters Meta, the company formerly known as Facebook, is set to report first-quarter earnings after the bell on Wednesday. Here are the key numbers: Earnings per share:
Reuters reports the Bank of Canada Governor Tiff Macklem saying on Wednesday that Canada needs higher interest rates, though how high those rates go will depend on how the economy responds and how the outlook for inflation evolves. Key comments “The economy needs higher rates and can handle them,” Macklem told a Senate committee, reiterating recent
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Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC faces off with the support zone to hold Data from Cointelegraph Markets Pro and TradingView showed a precarious picture of BTC markets on April
Not every technical break is followed by a breakdown but the techncials and fundamentals were aligned for cable. The 1.30 level held on a bunch of tries but after the Bank of England recognized that it would be tough to curb inflation and avoid a recession, the breakdown began to happen. Sometimes the best trade
Prior -5.0% Market index 343.1 vs 374.0 prior Purchase index 234.7 vs 254.0 prior Refinancing index 930.7 vs 1,023.2 prior 30-year mortgage rate 5.37% vs 5.20% prior The average rate of the most popular US home loan jumps to its highest since June 2009 and the rising costs have certainly weighed on demand conditions, as
NEW DELHI: Gold prices eased down on Wednesday as the dollar held ground at its highest in more than two years and pressured demand for greenback-priced bullion. The dollar held steady after climbing to its highest since March 2020 on Tuesday as concerns about slowing growth in China and expectations the Federal Reserve will aggressively
Yen and Dollar are both staying in the driving seat as risk-off sentiment continues to dominate the markets. Sterling remains the worst performing one, followed by Euro, with selling focus mainly on them. Australian Dollar recovers mildly as stronger than expected CPI data prompted some speculations that RBA could hike next week. But it’s not
In this article BA A Boeing Co. Dreamliner 787 plane with AirEuropa livery moves past the company’s final assembly facility in North Charleston, South Carolina, U.S., on Tuesday, Dec. 6, 2016. Travis Dove | Bloomberg | Getty Images Boeing reported a wider adjusted loss and lower revenue than analysts expected as the company faced higher
NVDA stock crashes 6% on Tuesday in line with broad market sell off. Nasdaq and other main indices finish Tuesday lower. NVDA suffering a tech sector sell off with NFLX and now GOOGL disappointing. Tuesday saw fears mount for the health of the global economy and with a catalyst of geopolitical events in place the
A new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores. The USDC.homes crypto mortgages platform issued its first crypto loan to an Austin resident who bought a $680,000 condo with a $500,000 loan issued in USD Coin
USDCAD bases against the 100 day moving average The USDCAD moved higher yesterday and away from it’s 100 day MA. The high yesterday stalled ahead of a lower swing area that is ahead of the extremes from 2021 in 2022. That swing area in the USDCAD comes between 1.27857 and 1.28132. In trading today, the
Wall Street Journal had the report Tuesday US time (gated) Chinese President Xi Jinping has told officials to ensure that the country’s economic growth outpaces the U.S.’s this year, according to people familiar with the discussions In meetings over the past few weeks, Mr. Xi told senior economic and financial officials that ensuring that the
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