A large portion of the roughly $573,000 pilfered from the multichain token bridge Allbridge has been returned after the exploiter seemingly took up the project’s offer for a white hat bounty and no legal retaliation. Allbridge tweeted on April 3 that it received a message from an individual and 1,500 BNB (BNB), worth around $465,000,
Oil prices steadied in early Asian trade on Tuesday after OPEC+ plans to cut more production jolted markets the previous day, with investors’ attention shifting to demand trends and the impact of higher prices on the global economy. Brent crude futures fell 2 cents to $84.91 a barrel by 0029 GMT. U.S. West Texas Intermediate
Australian Dollar finds itself on a broad-based downward trajectory following RBA’s decision to maintain interest rates unchanged. Despite maintaining a tightening bias, RBA’s announcement fell short of some speculations for a more hawkish outcome. In contrast, fellow commodity currencies, New Zealand Dollar and Canadian Dollar, continue to display strength. Kiwi is bracing for the upcoming
GBPUSD moves into a swing area on the daily chart The GBPUSD is ticking to a new high as the day move closer to the close. In the process, the price on the daily chart has moved into a swing area between 1.24228 and 1.24458 (red numbered circles). If the price moves above that area
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla Superchargers are seen at a charging station on March 17, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Tesla on Sunday posted its first-quarter vehicle production and delivery report for 2023. Here are the key numbers from the electric vehicle maker:
Share: EUR/USD has reclaimed the 1.0900 resistance after a V-shape recovery amid the risk-on mood. Weak US Manufacturing PMI data has advocated the need for an early pause in the Fed’s policy-tightening spell. US Manufacturing PMI has registered a fifth straight figure below 50.0. The EUR/USD pair has recaptured the round-level resistance of 1.0900 in
Surprise new cuts to the OPEC+ group’s output targets could push oil prices towards $100 a barrel, setting the scene for another clash with the West grappling with higher interest rates, analysts and traders said on Monday. The decision signals unity within OPEC+ despite Washington’s pressure on its Gulf allies to weaken their ties with
Australian Dollar surges as markets approach the US session, with investors eyeing RBA rate decision tomorrow. Although it seems reasonable to expect a pause in interest rate hikes, some financial institutions, such as ANZ and NAB, predict a 25bps increase. The Aussie’s rally could be driven by speculation of a hawkish surprise, but the situation
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USDCHF tests swing area. Can the buyers slow the fall? The USDCHF pair has recently witnessed both an upward surge and a downward rotation, ultimately breaching the day’s low. Initially, the currency pair found support in the early Asian session within a swing area between 0.9117 and 0.91264. The subsequent upward movement surpassed the 100-hour
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
In this article 1211-HK ZE594-CN TSLA NIO 9866-HK XPEV 9868-HK LI 2015-HK Follow your favorite stocksCREATE FREE ACCOUNT Chinese electric car startup Li Auto saw deliveries surge by nearly 66% in the first quarter from a year ago. Zhang Peng | Lightrocket | Getty Images BEIJING — Chinese electric car brand Li Auto delivered more
Share: The Reserve Bank of Australia (RBA) will hold its monthly meeting on Tuesday. The key question is whether the RBA will take a break in its rate hike cycle and how it expects interest rates to develop in the near future, economists at Commerzbank report. Will the RBA pause its rate hike cycle? “There
Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin explained in a March 31 post that it’s possible to integrate a zk-EVM on the base layer without compromising on decentralization and security. The technology enables Ethereum
Crude oil got a shot in the arm after the Organization of the Petroleum Exporting Countries (OPEC)) announced surprise output cuts. The US West Texas Intermediate (WTI) rose by $6.34 to $80.47 on Monday while Brent crude hit $84.86, gaining 6.15%. The black gold is expected to test $90-95 level by the end of 2023.