Cryptocurrency Daily Thefoxposts.com

The South Korean crypto exchange Upbit has announced a new listing for a data feed-focused altcoin, triggering explosive price action. According to a new announcement, Upbit is supporting Api3 (API3) for trading over the Ethereum (ETH) network on its platform starting Tuesday. Amid the announcement from Upbit, API3 exploded from Monday’s low of $0.748 to Wednesday’s high of $1.82, a more than 143% gain. API3 has since retraced and is trading for $1.34 at time of writing, up 60.6% on the day. With a market cap of $169.72 million, API3 is the 350th largest crypto project. The project celebrated its latest crypto platform listing on X. “We’re proud to be listed on Upbit, the leading exchange in Korea. With support for both KRW and USDT pairs, this listing enables wider access and strengthens our position in one of the world’s most dynamic crypto markets.” API3 is a decentralized data oracle network that aims to connect tradition...

Warren Buffett told thousands of shareholders at Berkshire Hathaway’s annual meeting in Omaha on Saturday that he intends to step down as Chief Executive Officer on 31 December, bringing one of the longest and most closely watched tenures in corporate history to a close. The 94-year-old investor, known as the “Oracle of Omaha”, said he would recommend that Vice-Chair Greg Abel assume the top job while he remains on the board in an advisory capacity. Succession plan moves from theory to practice. Buffett’s heir apparent identity has effectively been settled since 2021, when the board confirmed Abel as the preferred successor. Saturday’s announcement, however, turned a theoretical plan into a fixed timetable. Abel, 62, oversees all non-insurance operations and has gradually taken on many day-to-day responsibilities, including capital allocation. In brief remarks after the disclosure, he said he was “humbled and honoured” to lead a conglomerate whose businesses rang...