MarketDraft, a groundbreaking B2C fantasy stock market platform designed to break down barriers for new investors, is on the rise. Founded by CEO Chris Tovmasian and CTO Jay Correia, MarketDraft combines elements of gaming with investing to create an educational and engaging platform suitable for both beginners and seasoned investors alike. With its innovative contests and educational resources, MarketDraft is shaping the future of digital trading and paving the way for a new wave of investors.
Finance/Venture
Biden Administration Proposes $8 Credit Card Late Fee Cap, Industry Warns of Higher Interest
Biden's proposed $8 cap on credit card late fees aims to relieve consumer burden, but the industry warns of potential interest rate hikes and unintended consequences.
Memecoins Like Dogecoin and Shiba Inu Surge as Bitcoin Rally Continues
Memecoins are again stealing the spotlight in the crypto market as they soar to unprecedented heights, outshining even Bitcoin's performance.
Metaverse.sg Acquired by V3V Ventures for $3M
In a strategic move that underscores the burgeoning significance of digital assets and blockchain technology, Metaverse.sg has been announced as the latest acquisition by V3V Ventures. Metaverse.sg is a premier cryptocurrency news outlet based in Singapore.
Tether's USDT Surpasses $100 Billion Milestone, Emerges as World's Largest Stablecoin Amid Bitcoin Surge
Tether's USDT token surpasses $100 billion in circulation, driven by Bitcoin's surge. Despite the scrutiny, Tether dominates the stablecoin market, with growing demand worldwide.
Latest News
Reddit is going public after submitting its IPO prospectus to the US Securities and Exchange Commission (SEC) on Thursday.
Australia's finance department has admitted to accidentally sharing confidential commercial information for the second time.
Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average. Amazon is set to replace Walgreens Boots Alliance in the Dow Jones Industrial Average (DJIA), according to S&P Dow Jones Indices' announcement on Tuesday.
Bitcoin, the world's biggest cryptocurrency, has jumped 22% this year to $52,005, putting its market value above $1 trillion for the first time since its record peak in late 2021.
Warren Buffett-backed Capital One is set to acquire US credit card issuer Discover Financial Services in an all-stock deal valued at $35.3 billion.
Polymetal International announced on Monday that it agreed to sell its Russian assets to a Siberian gold miner for approximately $3.7 billion.
Federal Reserve Governor Christopher Waller has affirmed that the US dollar will remain the world's reserve currency.
JPMorgan Chase and Co. has disclosed that it would pay civil penalties totaling around $350 million to regulators for reporting insufficient trading data to surveillance platforms.
The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.
