Cardano price analysis: ADA continues bearish run below $0.40 demand zone

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• Senate confirms Philip Jefferson as Federal Reserve’s next Vice chair

  TL;DR Breakdown Philip Jefferson has been confirmed as the next vice chair of the Federal Reserve by the U.S. Senate with an 88 to 10 vote. Jefferson’s confirmation follows Lael Brainard’s resignation earlier this year. Jefferson’s vice chair role is in addition to his term as a governor, ending in 2036. Description The Senate has confirmed Philip Jefferson as the next vice chair of the Federal Reserve. The decision, which came with an overwhelming majority of 88 to 10 votes on September 6, underscores the evolving dynamics of the country’s monetary policy leadership. Jefferson’s confirmation follows the resignation of Lael Brainard earlier this year. U.S. President Joe … Read more The Senate has confirmed Philip Jefferson as the next vice chair of the Federal Reserve. The decision, which came with an overwhelming majority of 88 to 10 votes on September 6, underscores the evolving dynamics of the country’s monetary policy leadership. Jefferson’s confirmation follows the resignation of Lael Brainard earlier this year. U.S. President Joe Biden had previously expressed his intention in May to nominate Thomas Jefferson to fill the…

  Article 2023年9月7日

• Apple, Microsoft battle EU over iMessage and Bing

  TL;DR Breakdown Apple and Microsoft challenge the EU over the upcoming Digital Markets Act (DMA). The DMA seeks to regulate tech giants, requiring interoperability, data sharing, and more. Companies must meet criteria like €7.5bn annual turnover and 45 million monthly EU users to be governed. Description Two of the tech world’s juggernauts, Apple and Microsoft, are standing their ground against the European Union, questioning the very fabric of upcoming regulations. While both companies have been global innovators in their own right, it’s the clash with Brussels over the forthcoming Digital Markets Act (DMA) that puts the spotlight squarely on them. The … Read more Two of the tech world’s juggernauts, Apple and Microsoft, are standing their ground against the European Union, questioning the very fabric of upcoming regulations. While both companies have been global innovators in their own right, it’s the clash with Brussels over the forthcoming Digital Markets Act (DMA) that puts the spotlight squarely on them. The Controversial Lines Drawn by the Digital Markets Act Upcoming regulations proposed by the EU aim to place a leash on Big…

  Article 2023年9月6日

• Crypto firm Linus Financial settles with SEC over regulatory violations

  TL;DR Breakdown Linus Financial has reached a settlement with the U.S. Securities and Exchange Commission (SEC) following allegations of failing to register its retail crypto lending product. The crypto firm failed to register the offer and sale of its interest-bearing accounts, which allowed U.S. investors to exchange fiat currency for Linus Financial’s promise to pay interest.  Description Nashville-based crypto services firm, Linus Financial, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) following allegations of failing to register its retail crypto lending product. The SEC announced this settlement, which centers on Linus’s crypto lending offering known as “Linus Interest Accounts.” The issue at hand arose from Linus Financial’s failure … Read more Nashville-based crypto services firm, Linus Financial, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) following allegations of failing to register its retail crypto lending product. The SEC announced this settlement, which centers on Linus’s crypto lending offering known as “Linus Interest Accounts.” The issue at hand arose from Linus Financial’s failure to register the offer and sale of its interest-bearing accounts,…

  Article 2023年9月8日

• Elon Musk Backs Young Republican Presidential Hopeful with Pro-Crypto Views

  TL;DR Breakdown Elon Musk has publicly endorsed Vivek Ramaswamy, the youngest Republican presidential candidate, known for his progressive views on cryptocurrencies. While Ramaswamy’s pro-crypto stance is gaining traction, he faces legal challenges from former employees, adding uncertainty to his campaign. Description In a recent turn of events, Elon Musk, the visionary entrepreneur and CEO of Tesla, has publicly endorsed Vivek Ramaswamy, a rising star in the Republican presidential race. This endorsement came on the heels of Ramaswamy’s appearance on Tucker Carlson’s online show, which subsequently went viral on social media platforms. Contents hide 1 Ramaswamy: A … Read more In a recent turn of events, Elon Musk, the visionary entrepreneur and CEO of Tesla, has publicly endorsed Vivek Ramaswamy, a rising star in the Republican presidential race. This endorsement came on the heels of Ramaswamy’s appearance on Tucker Carlson’s online show, which subsequently went viral on social media platforms. Contents hide 1 Ramaswamy: A New Age Republican with a Pro-Crypto Vision 2 Ramaswamy’s Conservative Beliefs and Rising Popularity 3 Challenges on the Horizon 4 Conclusion Ramaswamy: A New Age Republican…

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• Hacker exploits vulnerability, drains $455,000 from DeFi protocol Arcadia Finance

  TL;DR Breakdown Hacker exploits code vulnerability in Arcadia Finance, draining approximately $455,000 from the DeFi protocol’s Ethereum and Optimism vaults. The breach highlights the need for improved input validation and reentrancy protection in decentralized finance platforms. The incident contributes to the growing number of cyber attacks in the crypto space, prompting concerns about security and the potential impact on the Optimism network’s revenue and future growth. Description Arcadia Finance, a noncustodial protocol supporting on-chain cross-margin accounts, fell victim to a cyber attack that resulted in the loss of approximately $455,000. However, the hacker exploited a code vulnerability, exposing a weakness in the platform’s validation mechanism. The vulnerability allowed unverified inputs to go unchecked, enabling the hacker to drain funds from Arcadia Finance’s … Read more Arcadia Finance, a noncustodial protocol supporting on-chain cross-margin accounts, fell victim to a cyber attack that resulted in the loss of approximately $455,000. However, the hacker exploited a code vulnerability, exposing a weakness in the platform’s validation mechanism. The vulnerability allowed unverified inputs to go unchecked, enabling the hacker to drain funds from Arcadia Finance’s…

  Article 2023年7月11日