WazirX Hack: $230M Stolen, WRX Down 25%Cryptocurrencies

WazirX Hack: $230M Stolen, WRX Down 25%

Quick Look: WRX dropped 15% in dollar terms and over 25% in rupee terms post-hack, highlighting the hack’s impact. SHIB…

Russia’s Economy Struggles as Yuan Transactions Face FreezesForex

Russia’s Economy Struggles as Yuan Transactions Face Freezes

Quick Look: Western sanctions isolate Russia from global finance, and yuan transactions are increasingly frozen. US sanctions in June worsen…

Mt. Gox $9 Billion Repayments: Impact on Bitcoin VolatilityCryptocurrencies

Mt. Gox $9 Billion Repayments: Impact on Bitcoin Volatility

Quick Look: Only Bitcoin holders with weak convictions are expected to sell their Bitcoin quickly, causing short-lived market volatility. On…

USD/CAD Trades at 1.3670 in Early Asian SessionForex

USD/CAD Trades at 1.3670 in Early Asian Session

Quick Look: USD/CAD Trading at 1.3670: The pair shows mild losses amid Fed rate cut speculations. US Retail Sales Steady:…

Germany Liquidates 45,075 Bitcoin, $2.7B, in 3 WeeksCryptocurrencies

Germany Liquidates 45,075 Bitcoin, $2.7B, in 3 Weeks

Quick Look: Saxony’s Bitcoin reserves dropped to 4,925 BTC after transferring 10,567 BTC, valued at over $600 million, to exchanges…

Plus500’s Q2 Revenue Soars YoY Despite Quarterly DipBroker News

Plus500’s Q2 Revenue Soars YoY Despite Quarterly Dip

Plus500 (LON: PLUS) experienced a notable fluctuation in its financial performance during the second quarter of 2024. The brokerage firm…

Circle’s EURC Launch on Base: New Era for Euro StablecoinsForex

Circle’s EURC Launch on Base: New Era for Euro Stablecoins

Quick Look: EURC Launch on Base Network: Circle launches its euro-backed stablecoin, EURC, on the Base network, marking its first…

GFEX Launches Platinum and Palladium Futures in ChinaCommodities

GFEX Launches Platinum and Palladium Futures in China

Quick Look: GFEX introduces platinum and palladium futures for domestic price-hedging in China, enhancing market stability. This service provides flexible…

Indian Rupee Remains Steady Amid Fed Chair’s TestimonyForex

Indian Rupee Remains Steady Amid Fed Chair’s Testimony

Quick Look: Indian Rupee closed nearly flat at 83.4850 against the USD; the previous close was 83.4925. Investors await Fed…

Gold Prices Surge Midweek Amid Economic Data and HolidayCommodities

Gold Prices Surge Midweek Amid Economic Data and Holiday

Quick Overview Bullish Start: Gold price rose 1% on Wednesday, peaking at $2,365. Holiday Impact: Independence Day led to low…