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In a concerning development, hackers took over OpenAI’s official X (formerly Twitter) account on Monday evening to promote a fraudulent cryptocurrency scheme.

Binance has suspended its efforts to comply with Nigeria’s digital asset regulations due to the ongoing detention of its executive, Tigran Gambaryan. Gambaryan, Binance’s head of financial crime compliance, was arrested on charges related to money laundering and tax evasion during a business trip to Nigeria.

The USD/JPY currency pair experienced a notable surge during the European trading session, rising to 143.55, reflecting a 0.90% increase for the day. This upward movement is largely driven by the US Dollar’s (USD) rebound, following the Federal Reserve’s (Fed) major interest rate cut.

Gold (XAU/USD) continues its bullish streak, currently trading at $2,587.97 with a 0.11% increase on the day. The market is closely watching key data releases, including U.S. unemployment claims and existing home sales, which could further influence gold’s trajectory in the short term.

Crude oil inventories fell by 1.6 million barrels in the latest data release, sharply exceeding expectations of a 0.2 million barrel drop. This significant inventory drawdown has provided underlying support for oil prices, even as WTI Crude Oil (USOIL) continues to trade cautiously.

The US Federal Reserve (Fed) made a monumental move on September 18, 2024, cutting interest rates by 50 basis points (bps) following a two-day Federal Open Market Committee (FOMC) meeting.

The Federal Reserve’s next Federal Open Market Committee (FOMC) meeting is set for September 17-18, 2024. This meeting is highly anticipated by investors,

Silver (XAG/USD) remains under pressure, trading around $30.40 as the strong US dollar continues to weigh on the precious metal. Despite the recent bearish trend, silver is finding support in China’s booming demand, which has driven prices higher in Asian markets compared to their Western counterparts.

Gold (XAU/USD) is currently trading at $2,567, facing downward pressure despite rising market expectations for a potential interest rate cut by the Federal Reserve (Fed

The Reserve Bank of Australia (RBA) has officially prioritized the development of a wholesale central bank digital currency (CBDC) over a retail version, citing the greater economic benefits of the former. In a speech at a recent financial conference, Assistant Governor Brad Jones introduced the launch of Project Acacia, a collaborative