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Uniswap (UNI) has declined double-digits following news of a Wells notice from the US Securities and Exchange Commission (SEC). Bitcoin price, which dropped below $69k ahead of and immediately after the latest CPI data release, has bounced to near $71k, lifting some of the top altcoins. Also to get a major boost from Bitcoin’s resilience […]

• April 11, 2024 03:47 AM PDT
• Invezz

Truong My Lan, a 67-year-old Vietnamese property business tycoon, faces the death penalty by a court in Ho Chi Minh City for a 12.5 billion banking fraud, which constituted the biggest financial crime Vietnam has ever seen. The entire scam amounts to $27 billion, which is almost 6% of the country’s 2023 GDP. Who is […]

• April 11, 2024 03:26 AM PDT
• Invezz

The UK’s largest active wealth manager Aberdeen Standard Investments (commonly known as Abrdn PLC) has initiated asset tokenization on Hedera Hashgraph, leveraging the network’s DLT. Concurrently, EVM developers have released a new improvement proposal to enhance Hedera’s functionality. Asset tokenization on Hedera Hashgraph Abrdn PLC in collaboration with Archax, a regulated digital asset exchange, has […]

• April 11, 2024 03:21 AM PDT
• Invezz

Adobe (NASDAQ: ADBE) stock price is in a freefall, and the worst may be yet to come. It has crashed to a low of $487, its lowest level since July 2023. Worse, the stock has crashed by over 23% from its highest point this year, meaning that it has entered a deep bear market. Death […]

• April 11, 2024 03:01 AM PDT
• Invezz

Victoria, Seychelles, April 11th, 2024, Chainwire Bitget Wallet, at the forefront of the Web3 wallet landscape, has recently unveiled a meme coin-themed event, showcasing a substantial prize pool of $200,000. This move comes on the heels of the successful launch of its meme coin, MOEW, on the Base mainnet. This experimental token launch marked a […]

• April 11, 2024 02:37 AM PDT
• Invezz

The recent approval of Bitcoin ETFs in the US has sparked a significant rally in the cryptocurrency markets worldwide. This development has been closely watched in India, where the crypto market has been experiencing a surge in interest and activity. Invezz spoke to Balaji Srihari, Business Head, CoinSwitch, a leading crypto platform in India, to […]

• April 11, 2024 01:57 AM PDT
• Invezz

In a move to broaden the network’s reach, Cardano‘s founding member EMURGO has collaborated with Huawei Cloud, a leading cloud computing platform, to enhance web3 offerings and bolster ADA’s growth . Cardano’s founding member and partner EMURGO confirmed plans to strengthen the blockchain by tapping Huawei’s cloud infrastructure to streamline web3 adoption in Africa and […]

• April 11, 2024 01:34 AM PDT
• Invezz

Goldman Sachs (NYSE: GS) stock price is underperforming its rivals this year. The stock is up by just 3.89% this year while the benchmark S&P 500 index has risen by less than 10% in 2024. Goldman Sachs stock is trailing peers In contrast, JPMorgan’s shares have soared by over 14.9% this year while Citigroup and […]

• April 11, 2024 01:03 AM PDT
• Invezz

March inflation data for the People’s Republic of China has been released – with figures looking dire. Analysts had broadly expected a 0.4% increase in the consumer price index (CPI) for March, year on year – significantly lower than February’s 0.7%, boosted by Lunar New Year festivities. However, that’s not what they got. Instead, figures […]

• April 11, 2024 12:36 AM PDT
• Invezz

Hexcel Corporation (,NYSE: HXL,) has informed that after an extensive succession process, Thomas C. Gentile III has been selected to serve as the Chief Executive Officer & President of the company, effective May 1. He is also anticipated to join the Board...

• April 10, 2024 11:32 PM PDT
• Sonal Goyal