Aave tests key support after large transfer
Aave (CRYPTO:AAVE) came under pressure after a wallet linked to Revolut transferred approximately US$6.44 million worth of AAVE tokens, drawing attention from traders.
Aave (CRYPTO:AAVE) came under pressure after a wallet linked to Revolut transferred approximately US$6.44 million worth of AAVE tokens, drawing attention from traders.
SK Hynix shares slide by a daily record of around 19% in Seoul Wednesday, erasing early gains after the memory maker reported lower-than-expected operating profit for the second quarter and announced plans for higher spending. The company earmarked at least $31 billion in capital spending this year after reporting a six-fold surge in quarterly profit. Bloomberg's Anthony Stephens reports.
Ethereum (CRYPTO:ETH) co-founder Vitalik Buterin has presented Diamond iO, a cryptographic proposal designed to improve the resilience of encrypted data over extended periods.
Robinhood Chain Launchpad surpassed PumpSwap in weekly trading volume as meme coin trading activity continued to expand across the Solana (CRYPTO:SOL) ecosystem.
Ionic Digital plans to list its shares on the Nasdaq after completing the regulatory steps required for a public market debut.
Jurassic Finance plans to tokenise a dinosaur fossil on Solana (CRYPTO:SOL), enabling investors to purchase fractional ownership through blockchain-based tokens.
Standard Chartered Chief Executive Officer Bill Winters says the bank is happy with earnings as results beat expectations. "We feel very, very good about the momentum that we've got," he tells Bloomberg's Lizzy Burden. Winters speaks on Bloomberg Television after the London-based lender unveiled a fresh $1 billion share buyback, adding that Standard Chartered has a "strong capital position."
UBS Chief Executive Officer Sergio Ermotti says the integration of former rival Credit Suisse "is almost done." He also talks about the Zurich-based bank's announcement of a new $3 billion share buyback program to run until mid-2027, and how he expects "spikes of volatility" to continue in markets for the rest of the year. Ermotti speaks with Bloomberg's Guy Johnson.
XRP (CRYPTO:XRP) declined as investors waited for the US Federal Reserve's latest interest rate decision and developments on the CLARITY Act.
An ARK Invest researcher said more cryptocurrency projects are likely to close as competition increases across the digital asset market.
Uniswap (CRYPTO:UNI) founder Hayden Adams has rejected a proposal to increase protocol fees in Uniswap v4.
Simon Trott, CEO of Rio Tinto, the world's second-largest miner by market capitalization, says iron ore demand remains resilient and stable. He speaks with Haidi Stroud-Watts and Paul Allen on "Insight with Haslinda Amin."