Crypto Project Multichain Shuts Down, Says CEO Arrested in China
Multichain, a crypto project that connects different blockchains, said it’s shutting down after learning that its founder was taken away by Chinese police.
Multichain, a crypto project that connects different blockchains, said it’s shutting down after learning that its founder was taken away by Chinese police.
After being beaten down by a dominant dollar this year, the weakest links in the currency world are making a comeback — much to the relief of central banks.
The People’s Bank of China hinted at more policy support for the economy, while also urging patience for the recovery to take hold.
Thailand’s Move Forward, the party that won the most seats in the May general election, is trying to strip some of the Senate’s powers after the military-appointed upper house of parliament blocked pro-democracy leader Pita Limjaroenrat’s bid to become prime minister.
Malaysian Prime Minister Anwar Ibrahim said he discussed Tesla Inc.’s investments and invited SpaceX to the Southeast Asian country during a virtual meeting with Elon Musk.
Major League Soccer could be the next US sports league to allow sovereign wealth funds to invest in its teams.
India has deployed some army units in New Delhi to help repair a damaged drain to prevent flooding in more parts of the nation’s capital as the Yamuna river continues to flow way above the danger mark.
The crisis at Thames Water Ltd. has left the $60 billion market for UK water utility bonds deeply divided.
India launched an uncrewed mission to the lunar surface, joining the US, China and others in a new moon race.
Investors are piling so much money into stocks that they’ll be ripe for shorting as risks of sticky inflation and hawkish central banks grip markets in the second half of the year, Bank of America Corp. strategists say.