Crypto trading bot borrows $200M for a $3 gain
Crypto Trading Bot Borrows $200M A crypto trading bot has borrowed $200 million to trade on the cryptocurrency market and has achieved a 3% gain. The trading bot, which is…
Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD
Introduction to the Article Recently, there have been concerns about the potential depeg of USDT from the US dollar, triggered by an imbalance in the curve pool. Tether CTO Paolo…
What Impact Will Nigeria’s Naira Float Have on Its Cryptocurrency Market?
Nigeria, which has seen a major rise in the adoption of cryptocurrencies, particularly Bitcoin (BTC), introduced a new policy on June 14 that allows banks and other foreign exchange market…
Here’s what Nigeria’s naira float means for its crypto market
What is Naira Float? Naira float is a new policy of the Central Bank of Nigeria (CBN) that allows the Nigerian currency to float freely in the market. This policy…
McKinsey Predicts AI Automation Could Handle Half of Today’s Work by 2045
In a mere 22 years, AI that is capable of generating its own outputs may be capable of automating half of all work activity currently conducted, such as decision-making, managing,…
U.S. Prosecutors Announce SBF to Face 8 Criminal Charges in Trial
The criminal trial of Sam Bankman-Fried, co-founder of FTX, will proceed with the eight charges originally brought against him by U.S. prosecutors, for the time being. In a June 14…
US prosecutors say SBF will be tried on original 8 criminal charges — for now
US Prosecutors Say SBF Will Be Tried On Original 8 Criminal Charges US prosecutors have announced that they will be trying SBF on the original 8 criminal charges that were…
‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls
Bitcoin Analyst Believes Fed Will Favor Bulls A Bitcoin analyst believes that the Federal Reserve’s recent moves to inject liquidity into the market will lead to a surge in Bitcoin…
Binance Introduces Bitcoin Mining Cloud Services Despite SEC Action in the US
Binance, a crypto exchange, has unveiled new subscription-based cloud mining services specifically for Bitcoin (BTC) mining. As of June 15, those who are interested in Bitcoin mining but do not…
Bitcoin Analyst Predicts Fed Will Support Bullish Market Trends
On June 15, Bitcoin (BTC) remained under $25,000 after a sudden response to changes in United States economic policy led to three-month lows. Hawkish Powell “all bark, no bite” Data…