CoinDesk 20 Performance Update: Index Tumbles 3.2%, With RNDR the Only Asset to Advance
RNDR was the lone gainer while MATIC and NEAR suffered steep losses of 8.9% and 7.5% respectively.
Investment Firm Lemniscap Raises $70M Fund Targeting Early Stage Web3 Projects
Lemniscap is targeting zero-knowledge infrastructure, consumer applications and decentralized physical infrastructure (DePIN).
Oil retreats as demand concerns offset Libya supply risks
(Reuters) -Oil prices fell more than 1% on Wednesday on persistent concern over Chinese demand and elevated risks of a broader slowdown, though the decline was capped by potential supply losses from the Middle East and Libya. Brent crude futures were down $1.15, or 1.45%, at $78.40 a barrel by 1200 GMT. U.S. West Texas Intermediate crude futures fell $1.20, or 1.6%, to $74.33.
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
Russian Steel Bucks Global Downturn as War Economy Drives Demand
(Bloomberg) -- Weak Chinese demand is depressing the global steel market, but Vladimir Putin’s war economy has made Russia a striking exception.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunThe Kremlin’s invasion of Ukraine has stimulated the Russian economy, driving up residential construction and spurring infrastructure spending. That’s buoying the country’s steel industry, while markets in Eur
First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
The latest price moves in crypto markets in context for Aug. 28, 2024.
Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report
The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio
Red Sea Oil Disaster Risk as US Says Houthi-Hit Tanker Leaks
(Bloomberg) -- An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking, raising the specter of environmental disaster, a Pentagon spokesman said on Tuesday.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunThe comments are the latest to underscore what the European Union’s navy in the region described as an imminent environmental hazar