English News

(Bloomberg)-29/05/2024The International Monetary Fund now expects China’s economy to grow 5% this year, raising its forecast from 4.6% a few weeks ago to reflect a strong expansion at the start of 2024 and additional support from the government.The Fund expects the momentum to continue, raising its gross domestic product forecast for next year to 4.5% from 4.1%, […]

(Coin Telegraph)-29/05/2024BTC price action shows sensitivity to Mt. Gox events, leaving $69,000 unclaimed as new support — to the frustration of Bitcoin bulls. saw four-day lows into the May 28 Wall Street open after holiday BTC price action deceived bulls.Bitcoin wobbles on Mt. Gox fund movementsData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering below $68,000 after spiking to […]

(Coin Telegraph)-29/05/2024What are DDoS attacks?A distributed denial-of-service (DDoS) attack attempts to take down a website, computer or online service by flooding it with requests, depleting its capacity and affecting its ability to respond to valid requests.A DDoS attack involves hackers inserting malware into possibly thousands of internet-enabled devices, collectively referred to as a botnet, and […]

(Coin Telegraph)-29/05/2024Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow.The Bank for International Settlements (BIS) believes in the potential for widespread adoption of generative artificial intelligence (AI), an area in which many central banks have developed a strong interest.The […]

(Coin Telegraph)-29/05/2024Former United States President Donald Trump’s on-chain crypto asset holdings briefly surpassed $10 million on Monday, primarily driven by his largest tokenholding, TRUMP. On May 27, blockchain intelligence firm Arkham reported that presidential candidate Donald Trump’s crypto asset portfolio topped $10 million.The surge to a seven-figure portfolio was catalyzed by the MAGA memecoin, TRUMP, which surged to an […]

(Crypto News)-29/05/2024One in three voters in the United States considers a candidate’s position on cryptocurrencies before making their voting decision.According to a recent online survey conducted by the Harris Poll, 77% of respondents believe that a U.S. presidential candidate should possess at least an “informed perspective” on cryptocurrencies.The poll, which surveyed likely U.S. voters, was funded by […]

(Reuters)-22/05/2024The White House believes the U.S. Federal Deposit Insurance Corp needs a “fresh start” with a new chair who is not part of the leadership that presided over its long-running cultural problems, a White House official told Reuters on Tuesday.FDIC Chair Martin Gruenberg finally succumbed on Monday to a months-long scandal over sexual harassment at the agency, […]

(Reuters)-22/05/2024U.S. Treasury Secretary Janet Yellen urged German bank executives on Tuesday to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that would cut off dollar access.Yellen said at the start of a meeting with bankers that the Treasury’s new authority to hit banks with […]

(Crypto News)-22/05/2024Bitcoin price rallied to the coveted $70,000 mark amid a noticeable surge in spot buying and spot BTC exchange-traded fund (ETF) purchasing, with the cryptocurrency community pondering whether the bull market is just beginning or nearing its peak. Bitcoin charts and spot ETF activity highlight the trend reversalAnalyst “ELI5 of TLDR” suggested that the majority of […]

(Crypto News)-22/05/2024Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.On May 21, Bitcoin reached an intraday and six-week high of $71,650, marking a gain of over 7% within a 24-hour period.According to CoinGecko, this puts the asset within a 3.4% range […]

(Crypto News)-22/05/2024Brazil’s central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year.These regulations will establish rules that verify and enforce greater transparency around the potential benefits and risks of these investments, the bank said. It said it opted for […]

(Crypto News)-22/05/2024The Russian crypto mining industry could grow “by between 20% and 40%” in 2024, a new report has claimed.Per the media outlet Overclockers, the claims came from industry insiders in a report from BitRiver.The latter is Russia’s biggest crypto mining player. The firm is one of the driving forces behind a recent legislative push that could result in […]

(Crypto News)-22/05/2024The American Bankers Association (ABA) on Monday urged House leaders to back a bill that would stop the Federal Reserve from creating a CBDC for individuals and using it for monetary policy tools.Congressman Tom Emmer (R-Minn.) introduced the CBDC Anti-Surveillance State Act (H.R. 5403) in Sept. 2023. The bill, which has gained support from 165 cosponsors, is expected to […]

(The Business Times)-15/05/2024SAUDI Arabia wants to avoid sending the economy into overdrive as it channels investments with the goal of pivoting the nation away from oil dependency.Finance Minister Mohammed Al-Jadaan said on Tuesday (May 14) that while his country’s massive investments are helping to grow the non-oil economy, the kingdom needs to be careful about […]

(Reuters)-15/05/2024The boss of the euro zone’s most valuable lender BNP Paribas (BNPP.PA), opens new tab on Tuesday played down expectations for a revival of M&A activity in European banking, saying the economics of cross-border and even some domestic deals rarely made sense.Jean-Laurent Bonnafe’s comments to BNP’s annual shareholder meeting comes after Spain’s BBVA (BBVA.MC), opens new tab last week launched a […]

(Coin Telegraph)-15/05/2024ChatGPT creator OpenAI has announced its latest AI model, GPT-4o, a chattier, more humanlike AI chatbot, which can interpret a user’s audio and video and respond in real time.A series of demos released by the firm shows GPT-4 Omni helping potential users with things like interview preparation — by making sure they look presentable for the […]