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Global financial centres: where hustle’s the name of the game

Global financial centres: where hustle’s the name of the game

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Russia fires volley of missile strikes at targets across Ukraine

Russia fires volley of missile strikes at targets across Ukraine

Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more. Choose your subscription Trial Try full digital access and see why over 1 million readers subscribe to the FT For 4 weeks receive unlimited Premium digital access …

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Convex Finance Launches Two URLs After Spoofing Exploit

Convex Finance Launches Two URLs After Spoofing Exploit

The Domain Name Server (DNS) of the decentralized staking platform, Convex Finance, was targeted in the latest spoofing exploit. Angel investor Alexintosh first flagged that Convex Finance was asking for user approval to an unverified smart contract address on July 23rd. This suggested that a malicious entity may have sneaked into Convex Finance’s website to …

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Several Trading Platforms Are Now Battling Cryptocurrency’s Liquidity Issue

Several Trading Platforms Are Now Battling Cryptocurrency’s Liquidity Issue

An industry spread selloff in digital assets from significant exchanges and the fall of highly rated tokens like TerraUSD and Luna have triggered ripple effects across the crypto industry. The recent mass crypto liquidation wave has triggered fear of contagion risks. Major DeFi lenders Celsius Network and Babel Finance froze withdrawals, and Three Arrows Capital, …

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Malaysia plans record $18 billion subsidy spend in inflation fight

Malaysia plans record $18 billion subsidy spend in inflation fight

© Reuters. A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/Files KUALA LUMPUR (Reuters) – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects of rising prices, its finance minister said …

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China’s central bank, BIS set up renminbi liquidity arrangement

China’s central bank, BIS set up renminbi liquidity arrangement

© Reuters. FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s central bank said on Saturday it had signed an agreement with the Bank for International Settlements to establish a Renminbi Liquidity Arrangement (RMBLA) that will provide …

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