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USD: More or less? – Rabobank

While the Fed’s guidance and policy decision tomorrow will signal whether the selloff in the USD over the past few sessions is overdone, the US election will set the scene for the greenback into year-end and through the start of the new year, Rabobank’s Senior FX Strategist Jane Foley notes. The 1.12 level to be

AI Startup Sakana Hits $1.5 Billion Value as Japan Inc. Piles In

Nvidia Corp.-backed Sakana AI was valued at $1.5 billion a little over a year after its launch, boosted by investments from some of Japan’s biggest banks and companies, a person familiar with the matter said. Author of the article: Bloomberg News Min Jeong Lee and Shery Ahn Published Sep 17, 2024  •  2 minute read

Trudeau to Face More Pressure to Leave After Montreal Defeat

Canadian Prime Minister Justin Trudeau suffered a big political setback as his Liberal Party lost a special election in a Montreal district that until recently had been considered safe ground for him. Author of the article: Bloomberg News Mathieu Dion Published Sep 17, 2024  •  2 minute read A voting location during a special election

BitGo launches a digital asset management platform for protocols

BitGo launches a unified platform for Web3 token management and compliance. Major protocols like Worldcoin and Sui are already using BitGo’s new solution. BitGo is also the custodian for 21Shares’ US Spot Bitcoin and Ethereum ETFs and remains key in Wrapped Bitcoin (WBTC). BitGo, a prominent cryptocurrency custodian based in the United States, has launched

Delta Prime DeFi hacker exploited token minting bug, managed to drain $6M

Hacker exploited Delta Prime’s upgrade function to mint massive tokens. Over $6M in assets were stolen, including Bitcoin, Ether, and stablecoins. Attack exposes risks of upgradable contracts in decentralized finance. Delta Prime, a DeFi platform operating on the Arbitrum network, has fallen victim to a major cyberattack where a hacker exploited a vulnerability in the