Crypto hackers stole $766 million in September – worst in two years
Bitget and the Liquid network accounted for over 90 percent of September's record-high hacker losses of $766 million, according to security firms CertiK and PeckShield.
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Goldman reverses Fed call: rate hike now expected in December, not October
Goldman Sachs has changed its forecast for the next US rate hike from October to December, after New York Fed chief John Williams signaled that the central bank is in no rush to make new moves.
AMMO ETF down to $24.13 — but RSI figures diverge on the 'oversold' label
VistaShares Defense Supercycle ETF (AMMO) fell to $24.125 on Tuesday, down around 8.5% from the July peak of $28.66. The Nasdaq article calls the level 'oversold,' but our research shows an RSI of 43.49 — neutral territory. We break down what's actually driving the thinly-traded defense ETF.
Drahi personally sued by Apollo and Oaktree over cable coup
Credit giants Apollo and Oaktree have taken French telecom owner Patrick Drahi to court personally, claiming he moved Optimum's most valuable cable-TV assets beyond creditors' reach in a "brazen" restructuring.
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RBA raises interest rate to 4.60% — highest level since 2011
Australia's central bank tightens again: The interest rate is raised by 25 basis points to 4.60 percent, driven by higher energy prices and persistent price pressure. RBA keeps the door open for yet another hike in November.
10-year US yield hits 5.2% – highest since 2007 after weak auctions
Weak demand at Treasury auctions and increasing probability of a Fed rate hike in October have pushed the 10-year US yield above 5.2 percent, the highest since June 2007.
Deutsche Bank: Copper Price Could Rise 50 Percent by 2027
Deutsche Bank predicts the copper price could reach $22,050 per ton in the second quarter of 2027, driven by the US and China hoarding most of the world's refined metal.
S&P 500 valuation soars – approaching dot-com levels
Shiller's CAPE ratio for the S&P 500 has reached its second-highest level in history, surpassed only by the peak during the dot-com bubble in 1999. History shows that such levels are rarely good news for stocks with low value growth and high dividends.
QNT explodes 75% in one day — Quant Network rides 180% weekly rally after historic bank deal
Quant Network (QNT) rises 75% in 24 hours and 180% in a week after The Clearing House selected the company's Overledger technology for its On-Chain Money Initiative. 25 major US banks, including JPMorgan and Citi, are behind the deal, which covers over $2 trillion in daily payment volume.
Apple must pay $5.7 billion in haptics patent case
A jury in San Diego has ordered Apple to pay $5.72 billion to the small tech company Taction for patent infringement related to the Taptic Engine. The verdict is the largest patent damages award in American history.