The China Securities Regulatory Commission (CSRC) has announced its readiness to collaborate with the U.S. on an audit deal. This is in response to the findings of deficiencies in audits of U.S.-listed Chinese companies by the U.S. Public Company Accounting Oversight Board (PCAOB). The PCAOB had gained access to Chinese company auditors’ records for the […]
South African Currency Plunges to New Low Versus the Dollar a Day After the US Accused Country of Secretly Supplying Ammunition to Russia
The South African currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of ZAR19.51:US$1 on May 12. The rand’s latest fall came a day after the U.S. ambassador to South Africa accused the country of secretly supplying weapons to Russia. Banking giant JP Morgan said it now projects South Africa’s gross […]
GCash Hacking Attempt | Weekly Crypto News Roundup May 14, 2023
Get the latest updates in Philippine crypto and blockchain news with our comprehensive weekly roundup for May 4, 2023! The post GCash Hacking Attempt | Weekly Crypto News Roundup May 14, 2023 appeared first on BitPinas.
Optimism [OP] NFTs may play a key role in the network’s revival, here’s how
Optimism witnessed a surge in activity due to increasing interest in its NFTs. dApps continued to observe low activity as OP’s price declined.
Hong Kong OSL Asset Management secures license to offer AI, Web3, and blockchain investments
Hong Kong’s Securities and Futures Commission granted OSLASM the license in early May, giving the green light to the firm to carry out Types 1, 4, and 9 regulated activities in the region. […] Read More… The post Hong Kong OSL Asset Management secures license to offer AI, Web3, and blockchain investments appeared first on […]
BTC miner Rhodium faces lawsuit over an alleged $26M in unpaid fees: Report
Crypto mining firm Riot Platforms seeks to terminate “certain hosting agreements” with Rhodium and requests exemption from any owed power credits to the counterparty.
Solana buyers defend the $20 support but the trend remains bearish
The confluence of resistances at the $22.5 area meant Solana buyers will have a hard time driving a rally, despite short-term bullish sentiment
Top Altcoins to Watch Next Week: SOL, BNB, MATIC Price May Break Resistance
The post Top Altcoins to Watch Next Week: SOL, BNB, MATIC Price May Break Resistance appeared first on Coinpedia Fintech News As the crypto market continues to demonstrate its high volatility influenced by recent economic fluctuations, a trio of altcoins – Solana (SOL), Binance Coin (BNB), and Polygon (MATIC) – are poised to break through […]
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
The leaders of 10 Southeast Asian nations, members of the Association of Southeast Asian Nations (ASEAN), have agreed to “encourage the use of local currencies for economic and financial transactions.” The group comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This move will help them reduce their reliance on the U.S. […]
What Are Memecoins? Is It Worth Investing?
The post What Are Memecoins? Is It Worth Investing? appeared first on Coinpedia Fintech News Welcome to the world of Memecoins, where dog-themed currencies and internet memes collide to create a financial phenomenon like no other. Have you ever heard of a currency based on a Shiba Inu dog meme or a joke about a […]