TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps
The TON ecosystem has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users.
MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx
The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet.
Oil Patch M&A Wave Recedes While Majors Digest Deals
(Bloomberg) -- Some shale producers are seeking deals even as the biggest names in oil and gas, Exxon Mobil Corp. and Chevron Corp., remain on the sidelines digesting their mega mergers after a blistering run. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryBiden Invests $100 Million to Fuel Housing ConstructionA Warehouse Store Promises Housing for South LA, in BulkJohannesburg Mayor Quits Amid Infighting, Fi
Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'
The EOF proposal is a series of planned changes aiming to update the ubiquitous Ethereum Virtual Machine (EVM) – the programming environment that executes smart contracts on t...
Crypto.com Secures Multiyear Sponsorship Deal With UEFA Champions League
The Champions League sponsorship will be unveiled officially at Wednesday's UEFA Super Cup match between Real Madrid and Atalanta in Warsaw.
Oil Options Activity Leaps With Market Awaiting Iran Retaliation
(Bloomberg) -- Oil traders are returning to options contracts to hedge against the risk of a price spike as markets brace for a possible Iranian attack on Israel.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBiden Invests $100 Million to Fuel Housing ConstructionBoston’s Broke and Broken Transit System Hurts Downtown RecoveryIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesBullish call options hav
WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets
The Indian crypto exchange is facing heat from customers for the inability to withdraw their funds and an alleged lack of transparency after a $230 million exploit.
US junk debt investors cautious of leveraged loans as economy slows
Leveraged loan deals are expected to pick back up after a stabilization in markets over the past week, although some investors say they are cautious about junk-rated loans if the economy weakens. Borrowers pulled back on leveraged loan deals last week, following disappointing jobs data on Aug. 1 and Aug. 2 that raised forecasts for aggressive interest rate cuts and spurred concerns about lower-rated debt. A total of six leveraged loans worth $3.3 billion sold last week, which falls well short of the $10 billion weekly average this year and is the worst week for issuance outside the holiday-shortened first week of July, according to PitchBook LCD data.
Coinbase Promotes cbBTC, Wrapped Bitcoin Alternative for Base Blockchain
Tweets from the crypto exchange and Jesse Pollack, the creator of Base, suggest cbBTC could run on the layer-2 blockchain.
AstraZeneca’s Market Cap Soars Past £200 Billion for First Time
(Bloomberg) -- AstraZeneca Plc has become the first British company to be valued at more than £200 billion ($257 billion) after a big bet on cancer drugs helped drive a rally in the shares. Most Read from BloombergBiden Invests $100 Million to Fuel Housing ConstructionIn DNC, Chicago’s Embattled Transit System Faces a High-Profile TestJohannesburg Mayor Quits Amid Infighting, Financial WoesHow Chicago’s Gigantic Merchandise Mart Is Still Thriving as Office SpaceGottheimer Calls for Rail Riders t