In this article SAM CSCO TRIP HAS SHAK SPCE Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower loss than expected and same-store sales rose 5% year
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Name: Simon DixonAnonymous: NoTwitter Followers: 109.1KKnown for: Co-founder of Bank To The Future and the dude who wrote the first-ever published book on Bitcoin. Who is this guy anyway? Simon Dixon is a true Bitcoin O.G. He is the author of the first-ever published book on Bitcoin in the world Bank to the Future, which
Crypto lender Celsius’ committee of unsecured creditors has chosen the digital asset investment firm Novawulf Digital Management to sponsor the company’s reorganization plan, according to a statement published on Wednesday. The proposed agreement would enable Celsius to exit the Chapter 11 bankruptcy process, and the new owners could begin distributing funds as early as June,
Nestled north of Miami between Aventura and Hollywood, about 20 minutes from Fort Lauderdale-Hollywood International Airport, the quiet 4.4-square-mile coastal town of Hallandale Beach is having its moment. A cool billion dollars’ worth of new development is ongoing in the city, reports the Hallandale Beach Community Development Agency. Along with its popular sandy beaches, acclaimed
While cryptocurrencies have been quite the rage over the past couple of years, nonfungible tokens (NFTs) have risen as an alternate asset class within the cryptocurrency ecosystem. This ecosystem is revolutionizing the world of art and gaming, among a host of other industries. Serving as a digital certificate that proves a collectible’s authenticity, NFTs also
Bitcoin moved significantly higher on Feb. 16, as the world’s largest cryptocurrency hit its strongest point since last August. Prices neared the $25,000 mark earlier in the day, following a breakout of a key resistance level. Several factors have contributed to the rally including strong U.S. retail sales, and an easing of regulatory concerns. Bitcoin
press release PRESS RELEASE. Victoria, Seychelles, February 16, 2023 – Bitget, the world’s largest crypto copy trading exchange, announced the relaunch of its Launchpad platform, which provides exclusive access to promising blockchain projects at an early stage. Panda Farm (BBO), the first completely decentralized GameFi project running on Arbitrum, will be launched on Bitget Launchpad
The Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform for issuers and investors while mitigating the risks associated with this asset
Gautam Adani’s electricity unit is halting an $847mn acquisition of a coal-fired power station in India in a sign that the billionaire’s business empire is slowing down spending following a short seller attack. The Indian tycoon’s conglomerate, which includes India’s biggest private thermal power producer, has been roiled by a stock market rout triggered by
PwC is under investigation by UK regulators over its auditing of the failed shopping centre owner Intu Properties, as accountants brace for increased scrutiny of their work ahead of an expected rise in insolvencies. In its fifth outstanding probe into PwC’s work for British companies, the Financial Reporting Council is investigating the firm’s audits of
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth millions of rubles from a local miner. The digital coins were stolen from the owner at gunpoint, authorities said, adding that both criminals are now in custody. Thieves Face Trial in Russia for Armed Robbery
IBM led some of the 20th century’s most pioneering projects in artificial intelligence and supercomputing, including the development of the Deep Blue chess-playing system that became the first to defeat reigning world champion Garry Kasparov, in 1997. Then, in 2010, the IBM Watson AI system for answering questions in natural language was put to the
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has risen to multimonth highs. BUSD market cap drops by $2 billion The SEC claims that BUSD, a U.S. dollar-backed stablecoin, is a security, noting that
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European stocks rose at the open on Thursday as investors cheered the prospect of strong US corporate earnings and shrugged off the threat of further interest rate rises to combat inflation. The region-wide Stoxx 600 gained 0.4 per cent, while Germany’s Dax index rose 0.6 per cent. France’s Cac 40 was up 0.7 per cent.
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged with the market despite its woes. Credit Suisse, Deutsche Bank Invest in Digital Asset
The proposal passed the House but failed in the Senate in 2009. The Obama administration said they supported it but they didn’t fight for it. President Obama’s Treasury Secretary Timothy Geithner was “lukewarm” about the legislation, according to Politico at the time. Years later, however, Geithner said not having it was a top policy constraint
When Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new head of the Securities and Exchange Commission (SEC) in February 2021, the crypto industry saw a glimpse of hope. After all, the man in charge of regulating the industry was a “crypto native,” having taught a course on the subject at MIT. However,
The Bitcoin (BTC) price rose to a new six-month high of $24,800 on February 16, registering a double-digit surge of 15%. The prolific single-day Bitcoin price surge took many by surprise, given February has been historically bearish for the top cryptocurrency. BTC price rose by $1,820 in a single day, making it the biggest green
Profits at Centrica more than tripled year on year to a record high of £3.3bn in 2022, as the energy group’s North Sea production and nuclear power businesses benefited from a surge in gas and power prices. The owner of British Gas, which has recently been embroiled in a scandal over forcibly installing expensive prepayment
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there will be a recession this year, and 69% of the research participants say the U.S. is already in a recession. What’s worse, 55% of the study’s respondents said they would lose everything if a recession