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Digital Ruble Scammers ‘Target Russians in Multiple Regions’


Digital ruble scammers have reportedly struck in multiple Russian regions, with fraudsters apparently hoping to dupe citizens who do not yet fully understand how the CBDC works. Media outlets around the country say that scammers are sending citizens emails that use commercial and Central Bank...

Powell: More Rate Hikes May Be Needed to Curb Inflation


The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell acknowledged recent progress in lowering inflation...

Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year


Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. “We are penciling in 25 basis points of cuts...

North Korea Hackers Continue to Target Crypto Platforms: UN Report


Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons programs, will be included in a U.N. report which is...

Federal Reserve Governor Hints at More Interest Rate Hikes


Federal Reserve Governor Michelle Bowman says additional interest rate increases will likely be needed to get inflation on a path down to the Fed’s target. “I will also be watching for signs of slowing in consumer spending and signs that labor market conditions are loosening,” the...

Stellar Price Prediction as XLM Pumps Up 15% – Here's the Next XLM Target


The price of Stellar (XLM) has dropped by 4.5% in the past 24 hours, sliding to $0.148076 following a 1.5% fall for the cryptocurrency market as a whole. XLM's fall today mirrors that of XRP, with both altcoins correcting a little after their rallies from a week and a half ago. Despite its fall...

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