Age-old complaint about savings rates is down to you rather than bank bosses

The bosses of Britain’s leading commercial banks – Barclays, NatWest, HSBC and Lloyds Banking Group – appear before the Treasury select committee of MPs on Tuesday. They face questions on a range of issues including branch closures, the mortgage market and the government’s proposed reforms to financial regulation that were unveiled just before Christmas. Potentially … Read more

Former UK PM Liz Truss is blaming the left-wing ‘economic establishment’ for ousting her

British Prime Minister Liz Truss announces her resignation, outside Number 10 Downing Street, London, Britain October 20, 2022. Henry Nicholls | Reuters LONDON — Former U.K. Prime Minister Liz Truss is blaming a “powerful economic establishment” for bringing her chaotic 44-day tenure to an end last year. Truss resigned in Octoberbecoming the shortest-serving prime minister … Read more

Shiba Inu Whale Activity Spikes, Is This Bullish?

On-chain data shows activity from the Shiba Inu whales has been high recently. Here’s what this may mean for the meme coin’s price. Shiba Inu Whale Transaction Count Has Spiked Recently According to data from the on-chain analytics firm Saintlynot just SHIB, but Cardano (ADA) and Hex (HEX) have also seen high whale activity in … Read more

Another Sam Bankman-Fried-owned firm files for bankruptcy 

Emergent Fidelity has filed for Chapter 11 bankruptcy following the seizure of its over half a billion dollars worth of Robinhood shares by the US government. The company is co-owned by the disgraced former FTX CEO Sam Bankman-Fried (90%) and ex-CTO Gary Wang (10%). Barely one month after the United States Department of Justice seized … Read more

Second earthquake rocks Turkey and Syria as death toll from first quake reaches 1,300

Rescuers search for victims of a 7.8-magnitude earthquake that hit Diyarbakir, Turkey, in this video grab from AFP TV taken Feb. 6, 2023. Mahmut Bozarslan | AFP | Getty Images A second earthquake of 7.6 magnitude has struck southern Turkey within 12 hours of a first massive earthquake that has already claimed hundreds of Turkish … Read more

Stablecoin adoption could lead to DeFi growth, says Aave founder

Stani Kulechovthe founder of the decentralized finance (DeFi) protocol Aave, highlighted several issues within the DeFi space at the StarkWare Sessions 2023, held at The Cameri Theatre in Tel Aviv, Israel. In a fireside chat titled “DeFi: Resilience in the Face of Global Uncertainty,” Kulechov and Cointelegraph’s managing editor Alex Cohen discussed various topics, including … Read more

Spanish Rehab Center Adds Crypto Trading Addiction to Its List of Services

Another hospital in Scotland called the Castle Craig Hospital is an addiction rehabilitation clinic treating high-adrenaline crypto traders since 2018. A Spanish rehabilitation center has added another addiction to the list of issues against which it provides services. The new addiction is the habit-causing problem of crypto trading. The establishment is a Switzerland-oriented wellness center, … Read more

FTX threatens legal action against political recipients of donations

The bankrupt crypto exchange FTX is demanding the return of funds from politicians and members of the U.S. Congress. FTX members had donated more than $84 million to political candidates and organizations. In a press statement issued on 5 February, FTX’s newly appointed CEO, John Jay Ray III, stated that FTX would pursue funds that … Read more

5 things to know before the stock market opens Monday

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on February 01, 2023 in New York City. Michael M. Santiago | Getty Images Here are the most important news items that investors need to start their trading day: 1. February heat check Even with mixed economic signals, worries that … Read more

a16z against Uniswap v3 deployment on BNB chain

a16z, a venture capital firm, has voiced opposition to the launch of Uniswap v3 on the Binance Smart Chain (BSC). The startup has raised concerns emerging in the ongoing debate in the DeFi community about the trade-offs between efficiency, security, and decentralization. a16z weighed in on the debate, stating that launching Uniswap v3 on the … Read more

New Lifeguards on Goa’s Beaches Are a Robot and an AI Monitoring System

In a first-of-its-kind innovation, Drishti Marine, Goa’s state-appointed lifeguard organisation, has introduced artificial intelligence (AI) in the form of Aurus, a self-driving robot and Triton, an AI-powered monitoring system, to augment its life-saving capabilities along Goa’s popular beaches and water bodies. The incorporation of AI-based support follows an increase in beach-related incidents due to the … Read more

Telegram’s Latest Update Allows Translating Chats And More: Read Here

Telegram rolled out its first major update of 2023 on February 3 and added a few important features. The last major update that the app received was in December last year. Some of the latest updates are, however, available for Telegram Premium users only, among which is also the option of translating an entire chat … Read more

Binance Launches New Crypto Tax Reporting Tool for Certain Users

The world’s largest cryptocurrency exchange has launched a new tool dubbed Binance Tax to enable users to understand their crypto tax liabilities on up to 100,000 transactions. According to a press release shared with CryptoPotatothe new feature aims to help customers stay up-to-date with their crypto-related tax liabilities. Details of Binance Tax Binance noted that … Read more

Man City charged for FFP breaches over 9 years

5:42 AM ET Rob DawsonCorrespondent Manchester City have been charged with breaches of financial fair play rules over nine seasons. Photo by Alex Livesey – Danehouse/Getty Images Manchester City have been charged by the Premier League over breaking financial rules across nine seasons, the league announced on Monday. In a statement issued on Mondaythe Premier … Read more

Crypto trading volume rises by 25.9% due to whale moves

The crypto trading volume has risen by 25.9% over the past 24 hours. The high number of transactions could have been highly attributed to whales making big trades in BTC, ETH and major altcoins. Ethereum whales buying crypto as optimism grows Ethereum (ETH) whales have been quite active over the past 24 hours. There have … Read more

Nissan Buying Up to 15% Stake in Renault EV Unit as Both Companies Announce Redesigned Alliance

Nissan and Renault announced the total remake of the long-lasting relationship last month. Japanese automobile manufacturer Nissan and French multinational automobile producer Renault have revealed the details of their redesigned alliance. Per the agreement, the Japanese are buying up to 15% stake in Renault’s EV unit Ampere. At the same time, the alliance’s junior partner … Read more

Pathaan Box Office: SRK Film Breaks Records in India, Overseas

Shah Rukh Khan starrer Pathan is showing no sign of relinquishing its box office domination, since its theatrical debut on January 25. The action-thriller, which marks the actor’s return to mainstream Bollywood after four years, has collected Rs. 832.20 crore at the global box office as of February 6. The figures have boosted Pathan to … Read more

Potential Buyers Inquire about Hodlnaut amid Insolvency Crisis

Potential buyers are interested in embattled crypto lender Hodlnaut following creditors’ preference for liquidation instead of restructuring. According to new reportspotential buyers are making inquiries regarding the purchase of embattled crypto lender, Hodlnaut. These various interested parties have reached out to the interim judicial managers overseeing the company following its protection-seeking from creditors. The report … Read more

SingularityNET (AGIX) shines bright while the market bleeds red

The weekend brought a volatile ride to the crypto market as bitcoin (BTC) and ethereum (ETH) took a tumble and left investors and traders alike scratching their heads. On Feb. 6, BTC was trading at $22,886, reflecting a 2.5% drop in the last 24 hours; a steeper decline was seen for ETH, which plummeted by … Read more

Russia’s war in Ukraine

Ukrainian Defense Minister Oleksii Reznikov holds a press conference in Kyiv, Ukraine, on February 5. (Oleksii Chumachenko/Anadolu Agency/Getty Images) Ukrainian Defense Minister Oleksii Reznikov was asked to comment on rumors that he could be replaced. “No official stays in office forever. Not a single one. So one should be ready at any time for this … Read more

South Korea Issues Guidelines on Security Tokens

The government of South Korea is very open to crypto as an asset class. In advancing its reach to provide the much-needed regulation of the nascent crypto ecosystem, South Korea has issued a new guideline bordering on security tokens. In a Press Release published on Monday, the Financial Services Commission (FSC) highlighted how digital currencies … Read more

Twitter Being Sued by the Firm That Advised It on Elon Musk’s Takeover

US-based advisory firm Innisfree M&A Incorporated sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million (roughly Rs. 15.7 crore) for what it says are unpaid bills after it advised the social media company on its acquisition by Elon Musk last year. “As of December 23, 2022, Twitter remains in default … Read more