Amid the ongoing banking crisis in the United States, financial regulators continue scrutinizing major traditional finance companies like HSBC and Scotiabank. The Securities and Exchange Commission (SEC) has charged HSBC’s securities arm HSBC Securities (HSI) and Scotiabank’s investment subsidiary Scotia Capital with penalties over recordkeeping violations. HSI agreed to pay $15 million to settle with the SEC, while Scotia Capital…
Countries around the world are beginning to grapple with the pervasiveness of artificial intelligence (AI). While some look to the emerging technology with concern, others, like Romania, are embracing it. According to a report from the Financial Times, officials in Romania have introduced an AI-powered robot named Ion with the goal of enhancing the government’s understanding of public concerns. Sebastian…
press release PRESS RELEASE. Recently, ATPBot, the first truly quantitative trading bot, announced that it can now connect to the Binance API for trading, providing users with more opportunities to trade cryptocurrencies. By registering ATPBot, connect to Binance Exchange, enter your investment amount and earn income. Users can experience an unparalleled trading experience, delivering results through mature trading strategies and…
Texas legislators have voted by a large margin to amend the state’s Bill of Rights and add a provision recognizing the right of individuals to possess, retain and utilize digital currencies. The decision was made on Wednesday, May 10. Bill HJR 146, introduced by State Representative Giovani Capriglione, declares that individuals have the right to use a medium of exchange…
Celebs caught in the crosshairs of promoting FTX have been dealt another blow. Daniel Friedberg, the former Chief Regulatory Officer at FTX and the Chief Compliance Officer of FTX US, moved to provide evidence that promotional activity for FTX had indeed originated in Florida. The evidence, which Friedberg provided “under penalty of perjury,” could undermine a defense argument from some…
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause. ECB Registers Heightened Consumer Expectations About Inflation Europeans believe inflation will be…
Binance CEO Changpeng “CZ” Zhao is looking to let go of some of his majority stake in the U.S. arm of the exchange, according to a report by The Information citing “two people familiar with the matter.” One of the publication’s sources reportedly said that the move was in the works, while the other said that Binance.US executives “have discussed”…
Bitcoin (BTC) neared two-month lows on May 12 amid fears that a “head and shoulders” pattern would put bears ahead. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis on BTC price: “Welcome to bearadise” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $26,100 on Bitstamp — its lowest since March 17. Despite encouraging macroeconomic conditions for risk assets,…
Ever wanted to own an original, signed Andy Warhol screen print? Now you can, starting at just $20… per tokenized share via a new fractionalized art platform. Also, you have to buy at least 10 shares to grab a fraction of ownership. Freeport—a platform and community gallery for tokenized fine art—is auctioning the famed pop art icon’s work as its…
Bitcoin dropped to a two-month low of $26,188 early this morning amid rising dollar strength and a cooldown in the Ordinals hype. The dollar index (DXY), which values the dollar against other global reserve currencies, recorded a strong uptick on Thursday, inching toward monthly highs. Bitcoin, which usually has an inverse relationship with the dollar, started showing weakness after the…
