Bloomberg report on $600 million cryptocurrency theft - "biggest ever" DeFi looting Bloomberg report on a hack of a protocol known as PolyNetwork that has resulted in the theft of circa US$600m in crypto - what is likely the biggest theft ever in the world of decentralized finance
Hackers steal $600m in major cryptocurrency heist Thousands of digital tokens have been stolen by hackers in one of the largest cryptocurrency heists.
Australian monthly consumer sentiment data due today: "downside risks" Westpac's brief preview of their data to be released during the session in APC today: 0030 GMT Australia - Westpac monthly consumer confidence, for August Comments in brief from WPAC, noting lockdown in 3 states during the survey period:
On CNN, covering one Cuomo while another is on vacation. Chris Cuomo, who is off this week, has conferred with his brother, Gov. Andrew Cuomo, by telephone over the past few days.CNN has barred Chris Cuomo from engaging in strategy sessions with the governor’s aides.
‘West Side Story,’ Which Won’t Reopen, Will Return $10 Million Grant The Broadway revival received federal aid through the Shuttered Venue Operators Grant program. But the show decided not to reopen, and said it would return the money.“West Side Story,” which opened weeks before the pandemic shut Broadway down, was approved for $10 million in federal aid.
Fed's Evans: Would like to see a few more jobs reports before taper decision Evans speaks in virtual conversation with members of the media - Says a difference of a month or two on taper timeline won't matter - US economic outlook continues to be strong but some uncertainty remains
Amazon to pay out over defective third party goods The shopping giant will compensate customers who are harmed by defective goods sold in the US.
Trade ideas thread - Wednesday 11 August 2021 Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
Private oil survey data shows draw in headline in crude oil inventory The inventory data from the private survey is out now, official data follows Wednesday morning (US time) The draw is a little smaller than what I had seen as the central expectation of -14.3m bbls
Dow and S＆P close at record highs NASDAQ closes lower The Dow and S&P both closed at record levels in trading today with the Dow industrial average leading the way with a 0.46% gain. The S&P squeaked out a new high closing above the high close from August 6 at 4436.51.
ForexLive Americas FX news wrap: Senate passes US infrastructure bill Forex news for North American trade on August 10, 2021: Markets: - Gold down $1 to $1728 - US 10-year yields up 3 bps to 1.347% - S&P 500 up 2 points to 4434
In the Coinbase Q2 report this snippet: Ethereum trading volumes surpassed Bitcoin in Q2 Coinbase Q2 Results showed r evenue at $2.23 bn (vs $1.77 bn est.) The ETH blockchain is making waves as being more useful and likely to be more widely adopted than BTCs
GBPUSD and EURUSD...Have they reached their downside targets? Is the low in place? What levels are in play for the EURUSD and the GBPUSD. Are the bottoms in place The GBPUSD and the EURUSD both nearly reached some key downside targets.. For the EURUSD, the pair got within 4-5 pips of the 2021 low for the year and has bounced modestly.
Here is what’s on the economic calendar in Asia today - Wednesday 11 August 2021 A light docket ahead. 2350 GMT Japan money stock for July 0030 GMT Australia - Westpac monthly consumer confidence, for August, prior +1.5% m/m
USD/JPY Outlook: Dollar Rally to Face Slowing US Inflation Fresh data prints coming out of the US may rattle the recent advance in USD/JPY as inflation is expected to slow for the first time in 2021.
Mexican Peso Outlook: U.S. Inflation Data Could Lift Yields ＆amp; the USD/MXN The USD/MXN recent rebound could gain momentum if July's US inflation data surprises to the upside and brings forward Fed tightening expectations.
BitMEX to Pay $100 Million to Settle Lawsuit The Commodity Futures Trading Commission had sued the cryptocurrency exchange over its derivatives offerings.
EUR/CHF towards 1.10 as CHF set to lag G10 FX - BofA EUR/CHF up 14 pips to 1.0816 today For bank trade ideas, Bank of America Global Research discusses CHF outlook and ". While lower CHF vs USD and high-beta FX remains our preferred expression, EUR/CHF is also showing signs of
Still waiting on comments from Evans Nothing on the wires so far Today's event with Evans was billed as a virtual on-the-record conversation on the economy with members of the media. At times, members of the media agree to publish their comments at the same time.
Biden to Nominate María Pagán as U.S. Envoy to WTO The administration is also expected to name Christopher Wilson, another veteran of the Office of the U.S. Trade Representative, as the agency’s chief negotiator for innovation and intellectual property.