Author: Fernanda T
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FBI Issues Crypto ETF Warning; Cudos Eyes ASI Alliance; Nubank Halts Nucoin After Major Crash
FBI warns of hacking risks in crypto ETFs The FBI revealed that North Korean hackers are targeting cryptocurrency ETFs, raising concerns about the security of these funds. Despite billions in investments, many ETFs lack sufficient insurance to cover potential losses. Hackers, like the Lazarus Group, have already attacked exchanges and blockchain protocols, and may view…
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U.S. Futures Drop Ahead of Inflation Data; Oil Rises on Hurricane Francine
U.S. index futures fell in pre-market trading on Wednesday as investors await the August inflation report and assess the presidential debate between Donald Trump and Kamala Harris. At 5:24 AM, Dow Jones futures (DOWI:DJI) fell by 199 points, or 0.49%. S&P 500 futures lost 0.41%, and Nasdaq-100 futures dropped 0.46%. The 10-year Treasury yield stood…
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GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial
GameStop (NYSE:GME) – GameStop announced an offering of up to 20 million shares. In Q2, GameStop reported revenue of $798.3 million, compared to $1.16 billion in the same period last year. Net income was $14.8 million (4 cents per share), while the prior year showed a $2.8 million loss (1 cent per share). Analysts expected…
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Nansen Acquires StakeWithUs; Polygon Labs Launches Crypto Chip; Bitcoin ETFs See Positive Inflows
Nansen acquires StakeWithUs to expand staking services Nansen has acquired the staking platform StakeWithUs to diversify its services by offering non-custodial staking for over 20 assets. The transaction value was undisclosed. This acquisition aims to broaden Nansen’s support for blockchain ecosystems and integrate new blockchains, such as Berachain, into its platform. Nansen will also become…
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US Index Futures Drop Amid Economic Report Caution; Oil Prices Fall
U.S. index futures dropped in pre-market trading on Tuesday, reflecting investor caution ahead of upcoming economic reports and a potential interest rate decision. At 5:04 AM, Dow Jones futures (DOWI:DJI) fell 54 points, or 0.13%. S&P 500 futures lost 0.18%, and Nasdaq-100 futures dropped 0.39%. The 10-year Treasury yield stood at 3.708%. In today’s U.S.…
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Apple Loses EU Dispute; Google’s $2.7 Billion Fine Upheld; Oracle Shares Surge 9%
Apple (NASDAQ:AAPL) – The European Court of Justice ruled against Apple in a tax case regarding benefits received in Ireland, potentially leading to the recovery of up to $14.4 billion in back taxes. This decision follows a long dispute beginning in 2014 with an EU investigation. Apple launched the iPhone 16 yesterday, featuring AI and…
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BTC ETFs Lost $1.2B in September; Leak Suggests Chainalysis Can Track Monero, and Latest in Crypto
Leak suggests Chainalysis can trace Monero transactions A leaked video from Chainalysis indicates that despite Monero’s (COIN:XMRUSD) reputation for privacy, its transactions may be traceable. The video, which was removed, shows methods like using malicious Monero nodes to capture IP addresses and transaction data. While this raises concerns, some believe these methods could actually improve…
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U.S. Futures Rise Amid Inflation Report Anticipation; Oil Prices Climb on Hurricane Threat and Supply Concerns
U.S. index futures advanced in premarket trading on Monday after a tough week marked by concerns over labor market slowdown. Investors are awaiting two inflation reports this week that could impact the Federal Reserve’s upcoming decisions on interest rates. As of 5:09 AM, Dow Jones futures (DOWI:DJI) rose 210 points, or 0.52%. S&P 500 futures…
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Dell, Palantir, and Erie Will Be Added to the S&P 500; Boeing Avoids Strike; Apple Event Takes Place Today
Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), Erie Indemnity (NASDAQ:ERIE), American Airlines (NASDAQ:AAL), Etsy (NASDAQ:ETSY), Bio-Rad Laboratories (NYSE:BIO) – S&P Dow Jones Indices announced that Dell Technologies, Palantir Technologies, and Erie Indemnity will be added to the S&P 500 on September 23. They will replace American Airlines, Etsy, and Bio-Rad Laboratories in the index. In pre-market…
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Crypto Volatility Spikes After Payroll; Massive Bitcoin ETF Outflows; Ethereum Foundation To Release Financial Report
Volatility hits cryptocurrency markets after US jobs report The cryptocurrency market experienced a brief recovery after the US jobs report, with bitcoin (COIN:BTCUSD) reaching a peak of $56,995 before falling below $54,000. At the time of writing, bitcoin was trading at $53,973.37. The nearly 4% drop in BTC impacted other cryptocurrencies as well. Dogecoin (COIN:DOGEUSD)…