Author: bitlyfool
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Israeli exporters warned on South Africa
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Ten timesToday, the Israel Foreign Trade Risk Insurance Corporation published a warning to exporters selling Israeli products to South Africa in light of the upcoming elections in that country. The company says, “The upcoming elections in the country at the end of this month would harm trade relations between the…
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More from Daly: Can’t count on productivity to save the US from inflation
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Fed policy is restrained but it may take some time to bring down inflation Recent comments by Daly (et al.) might say: “We have no idea what’s going on, we’re just monitoring the data like the rest of you.” There is a huge amount of money to be made who…
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Orange Pilling Has Stopped Working
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Originally published on Mediation. In the context of Bitcoin, “standard” means something like “I don’t know, I don’t care.” And “normal” comes from “normal.” In other words, normal people don’t care about Bitcoin, at least not enough to use it. Lack of exposure is not the problem. Bitcoin now regularly…
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HCI Group reports robust Q1 results, eyes expansion By Investing.com
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HCI Group Inc. (NYSE:) has announced a strong start to 2024, with pre-tax income reaching $77.4 million and earnings per share at $3.81 for the first quarter. The company’s growth has been fueled by increased premiums, higher investment income, and improved loss trends, alongside a decline in expense ratios. HCI…
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Editas Medicine outlines strategic pillars for 2024 By Investing.com
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Editas Medicine (NASDAQ:) has reported significant strides in its first quarter of 2024, focusing on delivering innovative treatments for genetic diseases. The company emphasized its strategy, which includes advancing its gene editing therapy reni-cel towards commercialization, developing an in vivo editing pipeline, and enhancing business development to monetize intellectual property.…
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Pay by Bank’s Revolution in Online Payments
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For many years, credit cards have dominated the world of online commerce. Transactions flowed through a well-oiled machine: merchants, card networks like Visa and MasterCard, and issuing banks played their part, each taking a slice of the pie. These fees have made online payments a hidden source of profit, adding…
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Analyzing The Potential Impact On The 2024 US Election
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The cryptocurrency industry has often been met with skepticism by mainstream politicians, with many struggling to understand the complexities and potential of this rapidly developing sector. However, the cryptocurrency community was recently surprised by the unexpected pro-crypto stance of former US President Donald Trump, a development that has become a…
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CrowdStrike, Google expand partnership to combat cloud intrusions
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Sean Anthony Eddy/E+ via Getty Images Google Cloud (NASDAQ:GOG)(Nasdaq:Google) and cybersecurity company CrowdStrike (Nasdaq:CRWD) has entered into an expanded partnership to combat cloud intrusions. CrowdStrike found that cloud intrusions have increased by 75% over the past year, with bad actors infiltrating customer environments in less than two minutes. “Cloud-minded adversaries,…
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UBS looks to history for USD/JPY guide By Investing.com
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Investing.com – The yen is struggling to hold on to any gains against the US dollar, even after official intervention last week, but UBS still sees potential for the pair to decline in the medium term. At 10:30 EST (14:30 GMT), USD/JPY was trading 0.1% higher at 155.64 yen, just…
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Scammer seeks victim’s Telegram to return stolen $68m
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The hacker who stole $68 million worth of cryptocurrencies has offered to return the assets via the social media platform Telegram. Blockchain Investigator ZachXBT mentioned The hacker who is believed to be behind the attack and the theft of assets worth $68 million has decided to return the money to…
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TikTok will flag AI-generated content to combat misinformation that ‘can confuse or mislead’
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TikTok will begin labeling AI-generated content when uploaded from outside its platform. TikTok says its efforts are an attempt to combat the spread of misinformation on its social media platform. “AI opens up amazing creative opportunities, but it can confuse or mislead viewers if they don’t know the content was…
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EURUSD runs higher. USD move to the downside continues
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EUR/USD rises as the dollar is sold. Above 100 hours MA. The US dollar is under increasing pressure. Initial jobless claims in the US were weaker and began to decline. For EURUSD, it is moving above the technical zone defined by the swing zone between 1.0752 and 1.0756 (see chart…
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Azuro and Chiliz Working Together to Boost Adoption of Onchain Sport Prediction Markets
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(Press release – Lisbon, Portugal, May 9, 2024) Azzurrothe leading liquidity layer for onchain predictions, and Chili pepper, the world’s leading sports and entertainment blockchain company, is collaborating to accelerate the adoption of on-chain sports prediction markets. These efforts will allow millions of fans around the world to further support…
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Safaricom maintains dividend as profit hits Sh63bn
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Safaricom maintained a dividend of Sh1.20 per share at Sh48.08 billion after net profit grew by 1.2 percent to Sh62.99 billion. The telecom company announced on Thursday that its board of directors has recommended a final dividend of Sh0.65 per share amounting to Sh26.04 billion to be in addition to…
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Bain Capital invests $250 million in business services firm Sikich By Reuters
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Written by David French (Reuters) – Bain Capital said on Thursday it is taking a $250 million minority stake in business services company Sikich, which plans to use the investment to fund its expansion plans. The private equity firm is the first outside investor in Chicago-based Sikich, which was founded…
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Ethereum Foundation’s 1,000 ETH Transfer Raises Eyebrows
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Ethereum, the second largest digital asset by market capitalization, is in the spotlight again. Recent moves for ETH by the Ethereum Foundation have raised concerns among market watchers, igniting discussions about potential fluctuations in the price of Ethereum. Huge ETH transfers to the institution The series of transfers made by…
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West Yorkshire Mayor kickstarts “region of learning” with £10 million investment
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People facing barriers to employment will benefit from more than £9.5 million to help them get the skills they need to secure well-paid work. Following her re-election as Mayor of the West Yorkshire city, Tracey Brabin announced a £10 million package to “make life easier for those who find life…
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West Yorkshire Mayor kickstarts “region of learning” with £10 million investment
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People facing barriers to employment will benefit from more than £9.5 million to help them get the skills they need to secure well-paid work. Following her re-election as Mayor of the West Yorkshire city, Tracey Brabin announced a £10 million package to “make life easier for those who find life…