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Fake Flare Network Staking Site Drained $8.5M in XRP: Seoul Police

A fake staking site that ran for eight days last October took 3.4 million XRP from 71 investors, worth 12.3 billion won ($8.5 million), Seoul police say. Two men, both 29, have been referred to prosecutors on aggravated…

2 min read

FED Holds Rates as Rising Bond Yields Pressure Crypto

Federal Reserve kept interest rates unchanged at 3.50%–3.75% while maintaining a hawkish stance on inflation. U.S. Treasury yields climbed, with the 10-year yield reaching 4.7% and the 30-year yield rising above 5.2%,…

1 min read

Why COTI Price is Up Today?

COTI surged more than 51% in the past 24 hours to $0.0184, significantly outperforming Bitcoin as traders rotated into higher-risk altcoins. The rally was supported by a sharp increase in trading volume, although no maj…

1 min read

Pi Network Price Recovery: Here’s Why PI Coin Is Up Today

Pi Network has started rolling out Protocol 26, requiring all Mainnet node operators to upgrade their software before August 11. The update is mandatory for node operators and is the final step before Protocol 27, the l…

4 min read

Spain’s economic growth accelerates to 0.7% in second quarter

After the recent falls, partly inspired by concerns about emerging markets, investors saw a tentative end to the selling today. But with the Turkish central bank set to consider a possible interest rate rise later tonig…

24 min read

French economy grew 0.2 percent in second quarter

The war in Ukraine led to a rapid deterioration of the Euro Area economic outlook. As a result, The Conference Board downgraded estimates for growth for 2022 and 2023. Before the war, GDP growth in the Euro Area was exp…

9 min read

Crypto News: Robinhood Q2 Revenue Jumps 32% To $1.31 Billion

Robinhood delivered its strongest quarter yet, posting record Q2 revenue of $1.31 billion, up 32% year-over-year, while net income climbed 48% to $573 million and earnings per share reached $0.62 as per the report. But …

3 min read