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Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

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Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more …

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ECB promises more rate hikes after unprecedented increase

Register now for FREE unlimited access to Reuters.comRegisterRaises deposit rate to 0.75% from zeroEuro zone inflation uncomfortably high and risingNew ECB forecasts show higher inflation, lower growthMore rate hikes flaggedDownside growth scenario already materialisingFRANKFURT, Sept 8 (Reuters) – The European Central Bank raised its key interest rates by an unprecedented 75 basis points on Thursday …

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Exclusive: Deal partner for Trump’s Truth Social fails to get backing for SPAC extension

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 5 (Reuters) – The blank-check acquisition firm that agreed to merge with Donald Trump’s social media …

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Credit Suisse looking at cutting around 5,000 jobs -source

A logo is pictured on the Credit Suisse bank in Geneva, Switzerland, June 9, 2022. REUTERS/Denis BalibouseRegister now for FREE unlimited access to Reuters.comRegisterZURICH, Sept 2 (Reuters) – Credit Suisse (CSGN.S) is considering cutting around 5,000 jobs, about one position in 10, as part of a cost reduction drive at Switzerland’s second-biggest bank, a source …

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Twitter misled U.S. regulators on hackers, spam, whistleblower says

Aug 23 (Reuters) – Twitter Inc (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint.In an 84-page complaint, Zatko, a famed hacker widely known as “Mudge,” alleged Twitter falsely claimed it had a solid security plan, according to …

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Indian billionaire Adani seeks to control NDTV; media group says move without consent

India’s richest man, Adani, seeks to expand media businessNDTV says Adani unit moved without its consentAdani takeover may not be friendly -legal expertDeal to buy NDTV could heat up competition among billionairesBENGALURU, Aug 23 (Reuters) – Indian billionaire Gautam Adani’s conglomerate on Tuesday said it seeks to control a majority stake in the popular New …

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China cuts lending benchmarks to revive faltering economy

FILE PHOTO:Employees work on the¬†production line of vehicle components¬†during a government-organised media tour to a factory of German engineering group Voith, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China July 21, 2022. REUTERS/Aly SongRegister now for FREE unlimited access to Reuters.comRegisterSHANGHAI, Aug 22 (Reuters) – China cut its benchmark lending rate and lowered the …

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Morning Bid: China to ease again, Jackson Hole looms into view

People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei KatoRegister now for FREE unlimited access to Reuters.comRegisterAug 22 (Reuters) – A look at the day ahead in Asian markets from Jamie McGeeverAsia’s corporate and macro calendars are remarkably light on Monday, …

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