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Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision

Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 DecisionOn Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, reflecting the odds of Biden stepping down. Currently, those odds have slightly decreased to 59%. Biden’s Drop-Out Odds Surge During […]

South Korean Government Slaps Sanctions on 15 Individuals Allegedly Involved in North Korea’s Crypto Heists

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next YearThe U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s rate hike follows the recent U.S. inflation report which indicated […]

South Korean Government Slaps Sanctions on 15 Individuals Allegedly Involved in North Korea’s Crypto Heists