Facebook’s parent company, Meta, facing courtroom battle

Facebook’s parent company, Meta, facing courtroom battle – CBS News Watch CBS News On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O’Grady explains. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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UBS raises USD/JPY forecast, says another jump to 160 is possible By Investing.com

Investing.com — UBS has raised its forecast for the in a note Thursday, expecting significant fluctuations in the exchange rate over the coming year. The bank now projects the currency pair to reach 155 by December 2024, followed by 152 in March 2025, 150 in June, and 147 in September. By year-end 2025, UBS targets 145, a revision from its earlier predictions of 147, 143, 140, and 138, respectively. According to

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Ex-Valkyrie CEO Leah Wald’s Investment Firm Buys Four Validators, Including Solana (SOL) Network’s, for Nearly $18M

The Toronto-based firm, formerly known as Cypherpunk Holdings, will buy the validators from Cogent Crypto, a high-performance validator operating within the Solana ecosystem, according to a statement on Thursday. The total value of the investment is nearly $18 million, broken into three tranches: $1 million cash and about $1 million in company shares at the closing of the deal, and the rest distributed over three years in shares, Sol Strategies

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Playnance Launches PlayBlock – The Future of Zero-Gas Blockchain for Trading, Gaming and Web 3.0 Adoption

November 14, 2024 – Ramat Gan, Israel Layer-three blockchain brings high-speed, stable, zero-gas transactions and a complete Web 3.0 ecosystem bridging Web 2.0 and Web 3.0. Playnance, a leader in Web 3.0 technology, announces the launch of PlayBlock, a cutting-edge layer-three blockchain that is transforming the landscape for trading, gaming and DeFi (decentralized finance). With PlayBlock as the foundation, Playnance aims to drive mass Web 3.0 adoption by offering zero-gas

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18 States Sue US SEC For Constitutional Overreach In Crypto Regulation

Eighteen US states have filed a lawsuit against the Securities and Exchange Commission (SEC), its commissioners, and the SEC Chairman, Gary Gensler, for unconstitutional overreach and unfair persecution of the cryptocurrency industry. This lawsuit puts into sharp focus a simmering tension between federal regulators and state governments about the proper scope of regulation in the digital asset space. 18 States Sue US SEC Over Crypto Regulation Overreach Eighteen US states

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Why Is Ethereum Price Stuck Below $4,000?

Ethereum recently experienced a strong rally following the U.S. election, with prices rising to $3,446 before hitting resistance. This 20% gain in Ethereum price, fueled by favorable market sentiment, has since leveled off due to profit-taking activities. This selling pressure has held back further growth, bringing Ethereum to a support area of around $3,100. While the short-term trend remains positive, indicators point to a potential slowdown in the bullish trend.

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XRP Ledger To Host Societe Generale-Forge’s EURCV Stablecoin

Ripple Labs Developers have inked a partnership with Societe Generale-Forge (SG-Forge) to integrate the EURCV stablecoin on the XRP Ledger (XRPL) in 2025. According to the SG-Forge announcement, the deployment of the EURCV stablecoin on XRPL aligns with its plan to go multi-chain. Previously, the protocol has launched the stablecoin on both the Ethereum and Solana protocols respectively. XRP Ledger – Scalable Protocol For EURCV  Getting the license to issue

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