Crypto exchange Binance, which has been sued by U.S. regulators, said on Tuesday it is expanding services in inflation-hit Argentina, allowing users to buy and sell digital currencies directly with local pesos. The move allows Argentines to transfer pesos into a Binance account via a local partner, which can then be used to purchase cryptocurrency. […]
Search results for "ban"
U.S. stock index futures edged higher on Tuesday as some technology and growth stocks rebounded from a selloff in the previous session, while investors awaited key economic data that could determine the Federal Reserve’s monetary tightening path. Tesla Inc rose 1.6% in premarket trading, bouncing back from 6% declines on Monday after disclosing March-quarter deliveries, […]
China’s SenseTime on Tuesday announced plans for a technology discussion day, boosting shares in the artificial intelligence (AI) firm. It promised to showcase its latest products as well as “cutting-edge advancements in artificial intelligence technology” in an invitation sent to analysts and seen by Reuters. Shares in the company, which has been sanctioned by the […]
Credit Suisse is expected to face shareholder anger at what will be its final annual general meeting on Tuesday after the bank was rescued last month by rival UBS. The hastily arranged takeover by Zurich-based UBS, for which Switzerland invoked emergency legislation, bypassed Credit Suisse shareholders, who would otherwise have had a say, and largely […]
Asian stocks slipped on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group’s oil output targets, while treasury yields fell after frail U.S. manufacturing data renewed anxiety about the economy. An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries […]
Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin options and futures has spiked over the past month as fear has stalked global banking, hitting an all-time high of 433,540 contracts on March 23 on Deribit, a leading exchange for crypto-focused derivatives […]
Italy’s Data Protection Authority said on Tuesday that it would hold a meeting with representatives of OpenAI on Wednesday evening, after the authority temporarily banned the ChatGPT chatbot. The Italian authority added that OpenAI sent a letter on Monday to express its willingness to collaborate in order to respect the European privacy rules and reach […]
In this piece, we will explore the idea that the banking crisis of 2008 may have been a carefully planned event by certain actors in the financial and tech industries who saw an opportunity to consolidate their power and influence over the global economy. __________________ The financial and banking crisis in the US had far-reaching […]
The U.S. National Institute on Aging (NIA) is funding a 6-year, up to $300 million project to build a massive Alzheimer’s research database that can track the health of Americans for decades and enable researchers to gain new insights on the brain-wasting disease. The NIA, part of the government’s National Institutes of Health (NIH), aims […]
U.S. manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged, and analysts said activity could decline further due to tighter credit conditions. The Institute for Supply Management (ISM) survey on Monday showed all subcomponents of its manufacturing PMI below the 50 threshold for the first time since […]