Author: admin
Quantitative easing (QE), explained Quantitative easing (QE) is a non-traditional monetary policy tool used by central banks, particularly when interest rates are already low and cannot be reduced further. It was popularized during the 2008 global financial crisis when traditional monetary tools, like lowering interest rates, were insufficient to stimulate economic growth. The main goal of QE is to boost the economy by increasing the money supply. This is achieved by encouraging banks to lend more and making borrowing cheaper for consumers and businesses. When central banks implement QE, they purchase government bonds or other securities from the market, injecting cash into…
Robust, deterministic tracking has been the bedrock of effective affiliate marketing since its inception. It not only ensures affiliates are fairly rewarded for sales they generate, but also helps advertisers better understand their marketing activity. This enables them to allocate budget to the right channels and partners, supporting their own growth. But with deterministic tracking principles challenged by an increasing number of factors, Awin is today announcing a new Conversion Protection Initiative (CPI) aimed squarely at mitigating these issues and offsetting their impact on the affiliate industry. The first wave of the CPI is focused specifically at encouraging…
BlackRock’s spot Bitcoin exchange-traded fund has been named the best new ETF product by etf.com, as it recorded its highest inflows since Jan. 21. On April 23, BlackRock’s iShare Bitcoin ETF (IBIT) was awarded the “Best New ETF” at the annual etf.com ETF awards. In an X post shortly after, Bloomberg ETF analyst Eric Balchunas said it “feels right to me.”IBIT clocks highest inflows in three months“I’m pretty sure this is how I voted. Both of them did things no one has seen [before],” Balchunas said, also referencing the Vanguard S&P 500 ETF (VOO) winning the “ETF of the Year” award.…
US federal prosecutors have asked a district judge to sentence Avraham “Avi” Eisenberg, the crypto user convicted of the $110 million exploit of the decentralized exchange Mango Markets in 2022, to at least six and a half years behind bars.Ahead of Eisenberg’s May 1 sentencing hearing, US prosecutors are petitioning US District Judge Arun Subramanian for Eisenberg to face between 78 and 97 months in prison, according to an April 22 filing in a New York district court.Prosecutors argue it’s an appropriate sentence for Eisenberg’s April 2024 conviction for committing wire fraud, commodities fraud and commodities manipulation in connection with…
US federal prosecutors have filed statements from hundreds of victims in their case against Alex Mashinsky, the founder and former CEO of the defunct crypto lender Celsius Network.The recently sworn-in interim US Attorney for Manhattan, Jay Clayton, said in an April 23 letter to a Manhattan federal court that he was sharing “more than 200 victim impact statements” collected by his office.The statements span 418 pages of Celsius users, some named and some only using their initials, detailing the impact that the collapse of the firm had on their lives and how much money they had lost as a result.…
CNN — On March 13, 2013, Oscar Crespo was watching TV in his native Buenos Aires when he saw the white smoke appearing above the Sistine Chapel at the Vatican: a new pope was elected. As with millions of Catholics in Latin America, he was curious to know who would succeed Pope Benedict XVI. To his surprise he heard the name Bergoglio – the surname of his childhood friend – and was immediately overwhelmed by emotion, he recalled. “Bergoglio, Pope! I couldn’t believe it! And right at that moment, my phone started ringing,” Crespo told CNN from Buenos Aires, explaining…
The ZKsync Association has confirmed the recovery of $5 million worth of stolen tokens from an April 15 ZKsync security incident involving its airdrop distribution contract.The hacker agreed to accept a 10% bounty and return 90% of the remaining stolen tokens, transferring the ZKsync Security Council almost $5.7 million across three transfers on April 23.“We’re pleased to share that the hacker has cooperated and returned the funds within the safe harbor deadline,” ZKsync Association posted to X on April 23, which was later reposted by ZKsync’s X account.Matter Labs, the company behind the ZKsync protocol, also reposted the news shared…
Russia’s finance ministry and central bank are reportedly planning to launch a crypto exchange for qualified investors under an experimental legal regime.The platform will be aimed at “super-qualified investors,” Finance Minister Anton Siluanov said during a ministry meeting, according to April 23 reports from Russian media group RBC and Russian news agency Interfax.“Together with the central bank, we will launch a crypto exchange for super-qualified investors. Crypto assets will be legalized, and crypto operations will be brought out of the shadows,” he said in a statement translated from Russian.“Naturally, this will not happen domestically, but as part of the operations…
Soluta quasi quibusdam.
Europe stocks close higherEuropean stocks provisionally closed up 0.38% on Thursday, with most sectors and major bourses in positive territory.Germany’s DAX index rose 0.49% for the session, while France’s CAC and the U.K.’s FTSE 100 were up 0.27% and 0.05% respectively. — Sam MeredithEuropean Central Bank’s Holzmann says rate cuts must wait for more tariff certaintyAustrian central bank chief Robert Holzmann said euro zone interest rates should be held until more clarity emerges on the path of U.S. tariffs and European Union countermeasures.”We have not seen this uncertainty now for years… unless the uncertainty subsides, by the right decisions, we…