Brent oil falls by 5% - quotes below $110 per barrel
- Oil heard Biden and still retreated from the highs of June. It's the reduction in demand due to the increase in rates by global central banks.
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Trump Appoints Musk as Head of DOGE, Sparking Meme Coin Frenzy
In a surprising political twist, former President Donald Trump has appointed
Elon Musk and entrepreneur Vivek Ramaswamy to lead the newly created Department
of Government Efficiency (DOGE). This bold move has captivated the public and
economic observers alike, as it aims to streamline the federal budget and
modernize governmental processes.
Stablecoin AUSD Launched on Mantle Network: Advancing Institutional-Grade Stability and Security
The launch of the AUSD stablecoin by Agora has marked a significant milestone
for the Mantle Network blockchain. This development introduces an asset that
promises to enhance the network’s ecosystem with unmatched financial stability
and security.
The team behind Mantle Network highlighted that the integration of AUSD brings
to
FTX Estate Sues KuCoin to Recover Over $50 Million in Locked Assets
The FTX estate has recently intensified its efforts to recover significant funds
as it navigates its bankruptcy process, initiating a lawsuit against KuCoin, a
major crypto exchange, to reclaim assets locked since the platform's collapse.
Through Alameda Research, a subsidiary of FTX, the estate is taking this legal