AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices
Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours.
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Breaking: Founder of Crypto Exchange OKEx Allegedly Detained on Crypto Fraud Charges in China
Star Xu, the founder of exchange services provider OKCoin and the world’s second-largest crypto exchange OKEx, has allegedly been detained in China in relation to suspected digital currency fraud, local news outlet Sina News reports September 11.According to the news outlet, Xu is currently being held in the Shanghai Weifang Xincun police station, and will…

Bahrain Finance Training Institute Launches ‘Blockchain Academy’
The Bahrain Institute of Banking and Finance (BIBF) is launching what it claims to be the country’s first “Blockchain Academy,” according to an announcement published Nov. 26.The BIBF was established in the Kingdom of Bahrain in 1981 by approval of the Specific Council for Vocational Training. The institute is an unregistered non-profit semi-government entity that…

WSJ: SEC Opened Probe into Erik Voorhees, Crypto Loans Firm Over 2017 $50 Mln Token Sale
Crypto loans company Salt Lending Holdings Inc., once associated with high-profile crypto industry stalwart Erik Voorhees, is facing a U.S. Securities and Exchange Commission (SEC) probe over its 2017 $50 million token sale, the Wall Street Journal (WSJ) reported Nov. 15.Founded in 2016, Salt — which uses clients’ crypto holdings as collateral against fiat currency…

21Shares launches S&P risk controlled Bitcoin and Ether ETPs
With cryptocurrency markets shrinking over 50% this year, 21Shares is working to replicate S&P Dow Jones Indices’ benchmarks with its new risk-adjusted crypto investment products.The Swiss crypto investment firm 21Shares has launched two new exchange-traded products (ETP) offering investors exposure to the largest cryptocurrencies — Bitcoin (BTC) and Ether (ETH) — while aiming to soften…

How to long and short with margin trading
Level up your crypto trading game with margin trading steps to turn market ups and downs into your winning moves while navigating involved risks.

Report outlines reasons why stakeholders are against CBDC
The American Banking Banking Association highlighted that a CBDC issued by the U.S. Federal Reserve lacks “compelling use cases.” Own this piece of crypto history Collect this article as NFTWhile some countries like Nigeria are aggressively pushing the use of central bank digital currencies (CBDCs), a new report summarized why a number of private stakeholders…

Can treasury-linked stablecoins bring stability to DeFi?
Flare Network’s USDX stablecoin introduces treasury yields to DeFi, challenging established players like USDC in terms of economic utility.