• Sep 04, 2024

CFTC Settles With Uniswap Labs Over Leveraged Crypto Trading

(Bloomberg) -- The US Commodity Futures Trading Commission fined Uniswap Labs $175,000 as part of a settlement of allegations that the decentralized crypto exchange illegally offered leveraged retail trading in digital assets.Most Read from BloombergHow Air Conditioning Took Over the American OfficeThe Outsized Cost of Expanding US RoadsHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatUniversal Navigation Inc., which does business as Uniswap Labs, has been ordered to cease and desist fro

  • Sep 04, 2024

US firms see weaker employment growth as economy slows, Fed survey shows

(Reuters) -U.S. economic activity expanded more slowly from the middle of July through late August and businesses pulled back on hiring, signals that underscore why the Federal Reserve is set to begin to lower interest rates later this month. The U.S. central bank's latest temperature check on the health of the economy also showed that inflation pressures increased at a modest pace, with input costs viewed by all but one of the Fed's 12 districts as generally easing. "Economic activity grew slightly in three districts, while the number of districts that reported flat or declining activity rose from five in the prior period to nine in the current period," the Fed said on Wednesday in the survey known as the "Beige Book," which polled the business contacts of each regional Fed bank through Aug. 26.

  • Sep 04, 2024

Bitcoin Miner TeraWulf Leads Early HPC Market Entry, Analyst Projects $610M Revenue By 2026

Needham analyst John Todaro initiated coverage on TeraWulf Inc (NASDAQ:WULF) with a Buy rating and a price target of $6. Todaro noted that TeraWulf is one of the best miners for converting data center capacity to High-Performance Computing (HPC). HPC represents a high-margin, large, and growing revenue opportunity with long-term contracts that provide revenue and margin transparency longer term. Todaro noted that TeraWulf will be early to market in bringing a 100MW+ site online for HPC. Addition

  • Sep 04, 2024

How Ethereum 2.0 Can Transform DeFi

The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG.

  • Sep 04, 2024

How Ethereum 2.0 Can Transform DeFi

The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James W...

  • Sep 04, 2024

A Hunt for Yield: The Next Chapter in Crypto Portfolio Optimization

The fallout from the 2022 crisis has pushed the industry to innovate. One of the most promising developments has been the rise of tokenized money market funds. These funds offer a way to generate yield, says Jason Liebowitz, Head of Private Wealth at Hashnote.