Meta Financies

  The cybercriminals established dummy websites that posed as legitimate NFT marketplaces, NFT projects, and even a DeFi platform. There have been reports that hackers with ties to North Korea's Lazarus Group are behind a massive phishing campaign aimed at investors in nonfungible tokens (NFTs). This campaign is said to have used nearly 500 phishing domains to trick victims. SlowMist, a blockchain security company, published a report on December 24 revealing the strategies that North Korean Advanced Persistent Threat (APT) groups have used to separate NFT investors from their NFTs. These strategies include the use of decoy websites that are disguised as a variety of different NFT-related platforms and projects. Some examples of these fake websites include a website that pretends to be a project associated with the World Cup, as well as websites that impersonate well-known NFT marketplaces like OpenSea, X2Y2, and Rarible. Another example of one of these fake websites is a website th

This is the FT News Briefing podcast episode's audio transcript: Markets are stunned by Bank of Japan. Jennifer Smith From the Financial Times, good morning. Today is December 21st, a Wednesday. This concludes the FT News Briefing. Markets shook when Japan's central bank finally gave in. The line for refunds is being pushed forward by a group of FTX clients. Tom Wilson of the FT also takes a look back at the eventful year in the energy markets. Wilson, Tom I mean, this chapter would actually be called "Russia" there, wouldn't it? Jennifer Smith The news you need to start your day is presented by me, Jess Smith, who is filling in for Marc Filippino. Markets were alarmed by the Bank of Japan's unexpected change in monetary policy. The central bankers of Japan had long maintained an ultra-loose monetary policy and refused to raise interest rates with other central banks. However, BOJ officials, including governor Haruhiko Kuroda, announced Wednesday that they wil

Stock futures dipped Tuesday morning after the BOJ widened its yield target range. Dow futures fell 236 points (0.72%). S&P 500 futures lost 0.86 and 1.05 percent. The Dow fell 162 points, or 0.5%, on Monday. S&P 500 declined 0.9% and Nasdaq Composite lost 1.5%. Stocks are set to conclude the month and year in the red, and investors' dreams for a Santa Claus bounce are evaporating. No Santa yet. Louis Navellier, founder of Navellier & Associates, remarked, "buckle up." "One hopes the awful news is over. No Fed moves until February. We're not gapping down but not recouping last week's losses." Investors feared the Fed may cause a recession. The central bank boosted its benchmark interest rate by 50 basis points last week and said the terminal rate might reach 5.1%. The European Central Bank raised rates and forecast future hikes last week, further pressuring traders. Over 90% of central banks raised interest rates this year, a (largely) global

Share Market News Today | Sensex, Nifty, and Share Prices LIVE: Local Indian indices NSE Nifty and BSE Sensex close higher, signaling the end of a two-day losing streak for bulls. The Sensex advances by 460 points, the Bank Nifty rises by 0.45%, and the Nifty finishes above 18400; M&M is the greatest gainer. The Nifty rose more than 150 points to settle at 18,420, exceeding 18,400 despite a flat opening on the markets. The Sensex closed the day at 61,806, up 0.76 percent. When intraday market conditions shifted from red to green, the Nifty Junior or Nifty Next 50 rose by roughly 1%. With a rise of 1.59 percent on the day, the Nifty Auto was the highest industry gainer. The initial public offering (IPO) of KFin Technologies began today with a price range of Rs. 347-366 per share, and 0.49 times were subscribed. 18,888" represents Nifty's greatest obstacle "The day on Wall Street was surprisingly bullish, with short covering and value buying dominating the market. Excep

A new phase in the economic conflict between Russia and the West began on December 5 with the implementation of a $60 per barrel price cap on Russian seaborne oil that had just been agreed upon by the European Union, the G7, and Australia. Although the price cap appears to be largely misunderstood, it may be one of the most significant responses to Russia's weaponization of its energy reserves since the start of its all-out invasion of Ukraine. Contrary to popular belief, there is no attempt to stop Russian oil exports with the price ceiling. Instead, it intends to make sure that they keep flowing despite tougher laws and sanctions, albeit not to Western markets. Indeed, it is still legal for China, India, and many other third nations to continue buying Russian crude in big volumes and at steep discounts as of February. The cap's goal is to ensure that the existing discounts remain ongoing rather than to prevent these purchases by limiting Russia's revenues, which are prima

Economists predicted Thursday that the Malaysian economy would stall in 2023 due to difficult external conditions and weakening domestic demand. According to Xinhua News Agency, Maybank Investment Bank Research predicted in a report that Malaysia's full-year growth would slow to 4% in 2023 from an earlier projection of 8%. This slowdown would be caused by a reduction in domestic demand. The consequences of rising inflation and interest rates on the cost of living and real disposable income are expected to dampen private consumption growth next year, according to the research firm. It also predicts a slowing of the rate of increase in private consumption to match the reduced level of funding for government operations that is included in the Budget 2023. It also noted that reduced expectations for global economic development would lead to falling exports and imports. MIDF Research, on the other hand, predicts that Malaysia's GDP growth would decrease to 4.2% in 2023, mostly due t

The seats were full even before the athletes entered the field for pre-game warm-up. A fortunate 88,966 folks managed to secure the hottest ticket in town. They came to the magnificent Lusail stadium on Tuesday night to watch Argentina play Croatia. They had came anticipating to watch Lionel Messi, the small player with the number 10 on his Argentina shirt, put on another legendary performance. Fans attend Argentina's games in this tournament hoping to see Messi perform, and he did not dissapoint. Croatia set the pace for the first 30 minutes of the semifinal game, moving the ball around and attempting to disrupt the Argentinian set-up. The Albicelestes supporters weren't as rowdy as they had been during past games. Only the most ardent supporters dared to raise their voices since there was tension in the air. This reflectiveness was expected given that Croatia defeated the South Americans 3-0 in their World Cup match. Messi walked around for the majority of the opening 30 minu

More than 21 million job advertisements from around the world were evaluated by learning firm and training program supplier Pearson. It discovered five "power abilities" that are currently driving both the global economy and individual careers. The abilities included in Pearson's Skills Outlook are not technical. Instead, the skills that are most in demand are teamwork, leadership, customer focus, and communication. Pearson's predictive AI modeling engine predicts that some of these abilities will still be in demand in 2026. The findings show that teamwork and customer focus will still be in high demand. But other soft skills like self-learning, achievement focus, and cultural and social intelligence are joining them as well. "Swift investment is required, as both businesses and employees need a solid foundation of human capabilities to succeed. Non-technical skills, such as the capacity to learn and cultural and social intelligence, are becoming increasingly cru

According to the governor-in-exile of eastern Ukraine's Luhansk, Ukrainian soldiers have attacked the headquarters of Russia's Wagner mercenary group. Serhiy Haidai claimed that a hotel in Kadiivka, Luhansk, where the group convened had suffered significant losses. Wagner's presence at the hotel was unable to be independently confirmed by the BBC. Over the weekend, fighting also erupted in southern Ukraine, with Ukraine shelling a target in the seized city of Melitopol while Russia targeted Odesa. Western experts claim that Wagner are state-sponsored mercenaries who serve the Kremlin. Yevgeny Prigozhin, a former restaurateur and close friend of Russian President Vladimir Putin, founded the private military firm, which has been regularly accused of war crimes and violations of human rights. Previous deployments of Wagner units included the Central African Republic, Mali, Libya, Syria, the Crimea, and Syria. Mr. Haidai said that Russia had suffered "major losses" in

Bobby Fouther grew up in a house that is now a parking lot. The two-story, shingle-sided house was demolished in the 1970s along with many other homes in Portland, Oregon's predominately Black neighborhood. Growing up there was all about love, according to Fouther. Fouther and his sister, Elizabeth Fouther-Branch, are among 26 Black people who either lived in the neighborhood or are descended from former residents. They are suing Legacy Emanuel Hospital, the city of Portland, and the city's economic and urban development agency, accusing them of razing the homes and forcibly displacing the residents in a "racist" manner. The case, which was filed on Thursday in federal court in Portland, sheds light on how national highway development and urban improvement initiatives frequently come at the expense of communities that aren't predominately white. In many instances, Black neighborhoods were purposefully built through by city and state planners in an effort to elimin

China's factory-gate prices fell for a second month in November, but consumer inflation slowed, reflecting poor activity and tepid demand in a pandemic-slowed economy. Analysts anticipate the government to maintain rates low and create confidence. According to Friday's National Bureau of Statistics (NBS) data, the producer price index (PPI) was down 1.3% from a year earlier. Reuters had predicted a 1.4% drop. The November CPI grew 1.6% from a year earlier, slower than October's 2.1% annual growth but in line with a Reuters survey. "These figures show economic momentum (continues) to decline," said Pinpoint Asset Management's Zhiwei Zhang. In 2023, the government will focus on stabilizing growth, boosting domestic demand, and opening up to the globe, according to a Politburo meeting on Tuesday. Zhang said the government would take further steps to boost the economy despite easing pandemic controls last week. "The Politburo highlighted low confidence as an

There will be a multitude of significant decisions made by central banks the following week, including those made by the Federal Reserve, the European Central Bank, and the Bank of England. The most important concern for traders and investors is whether or not inflation has hit its maximum level, which would provide policymakers greater leeway to implement interest rate hikes of a more moderate nature over the next few months. The monthly consumer inflation reading for the United States is also due the following week; it will be released on December 13, one day before the Fed's policy meeting on that day, and it may play a vital role in determining longer-term expectations for monetary policy. According to Adam Cole, a currency analyst at RBC, "U.S. CPI is the one data release that seems to really important for broader dollar direction at the moment," and "until we have those central bank meetings and one key monthly U.S. data release, not a great deal is occurring.&

According to the most recent report from Strategy& Middle East, a member of the PwC network, the potential contribution of the metaverse to the GCC economies may be roughly US$15 billion yearly by 2030, of which $7.6 billion would be in Saudi Arabia and $3.3 billion in the UAE. The metaverse is still in its early stages, yet change is happening quickly. Companies in the GCC should move right away to take advantage of this chance. According to Tony G. Karam, Partner at Strategy & Middle East, by 2030, the metaverse will contribute $15 billion yearly to the economies of the GCC. The forecasts evaluated new metaverse applications like content production, commerce, and other activities as well as growth in the underlying platforms, hardware, and software. The metaverse's charm lies in the fact that it is neither a location nor a tool. Instead, it represents the most recent development in human/computer interface technology, one that aims to produce a seamless, pervasive, immers

The regulation changes will increase the financial regulator's authority and increase oversight of the cryptocurrency market. Despite the incoming Prime Minister Rishi Sunak's verbal support for cryptocurrencies, the planned regulatory framework is expected to increase business monitoring. The legal revisions will likely restrict foreign corporations' operations in the UK while increasing the financial regulator's authority. The Financial Times said that the FTX collapse had an impact on how the U.K. regulatory system developed. According to reports, the Treasury is putting the finishing touches on a set of regulations that would let the Financial Conduct Authority (FCA) keep an eye on how crypto businesses in the nation operate and advertise. Additionally, there would be limitations on selling cryptocurrency on the UK market from outside. Although the study doesn't go into further detail on those limits, it is conceivable that they would be put into place to compel

Two trend lines that meet in the middle to form a rising wedge define a bearish chart pattern. The trend lines ascend and converge. The latest lower highs and higher highs are connected by the first trend line, while the most recent lows are connected by the second trend line. The formed shape resembles an up-angled triangle. A falling wedge is the pattern of a rising wedge. Given that the lower trend line is steeper than the upper one and that the low is higher than the high, the rising wedge pattern could be interpreted as a bearish wedge. The only differences between the falling wedges, despite having a similar shape, are the triangle's angle and the pattern's implication. The rising wedge (ascending) pattern is a negative pattern because it predicts future falling prices or a breakout to a downtrend as the wedge develops. Even though the wedge is still capturing the upward price trend, the reductions in trading volume may be a sign that sellers are tightening their position

What is a Slope-Up Wedge? The rising wedge chart pattern consists of two converging trend lines and is a negative chart pattern. The pattern's first trend line connects the recent lower and higher highs, while the second trend line connects the recent lows. The result is a shape resembling an angled triangle in an upward direction. A falling wedge is the opposite of a rising wedge. The rising wedge pattern may be considered a bearish wedge because the low has exceeded the high and the lower trend line is steeper. Although the falling wedges have a similar shape, the angle at which the triangle is slanted and the implication of the pattern are the only distinguishing characteristics. The rising wedge (ascending) pattern is a negative chart pattern because it predicts future price declines or a breakout to a downtrend, and trading volume declines as the wedge progresses. Even if the wedge is still capturing price action and advancing, a decline in trading volume may indicate that sel

Let's be clear: foreign exchange trading is legal in India. Several forex firms provide Indian traders online forex trading services. It is essential to note, however, that forex trading in India is subject to specific restrictions and laws. The Reserve Bank of India (RBI) is India's primary forex trading regulator. The RBI has implemented stringent regulations for currency trading. For instance, Indian citizens are not permitted to trade foreign exchange on margin. Also noteworthy is the fact that forex brokers in India are prohibited from offering leveraged forex trading. Leverage is a feature that enables traders to trade with more capital than is currently in their accounts. Therefore, forex brokers in India are only permitted to offer forex trading with a maximum leverage of 1:50. Sebi Regulations for Indian Forex Trading Sebi, the Securities and Exchange Board of India, regulates the Indian foreign exchange market. Sebi regulates all Indian financial institutions, includi