Author: Investor Empires
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Dormant Ethereum wallet moved funds from $2b PlusToken scam
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Hundreds of wallets have begun moving around 2,800 tokens worth nearly $2 billion in Ethereum linked to the 2020 PlusToken Ponzi scheme in China. Ethereum (ETH) fell by about 2% after several wallets began transferring funds from a pool containing 789,533 ether early Wednesday, August 7. According to EtherscanThe addresses…
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Dormant Ethereum wallet moved funds from $2b PlusToken scam
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Hundreds of wallets have begun moving around 2,800 tokens worth nearly $2 billion in Ethereum linked to the 2020 PlusToken Ponzi scheme in China. Ethereum (ETH) fell by about 2% after several wallets began transferring funds from a pool containing 789,533 ether early Wednesday, August 7. According to EtherscanThe addresses…
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AI-obsessed company leaders can’t ignore cybersecurity, says Palo Alto’s CEO
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On this episode of Fortune’s Leadership Next podcast, Diane Brady talks to Nikesh Arora, chairman and CEO of Palo Alto Networks. They discuss Arora’s path to heading up one of the world’s best-known cybersecurity firms; how his childhood in a military family shaped him; and what he learned from working with the founders…
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Nigeria arrests seven Polish nationals for raising Russian flags at protests By Reuters
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Written by Obi Adetayo ABUJA (Reuters) – Seven Poles have been arrested in Nigeria for waving Russian flags during anti-government protests this week in the northern state of Kano, state security spokesman Peter Afunanya said on Wednesday. Hundreds of thousands of Nigerians have been protesting since August 1 against painful…
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Banks tap Sh4trn in CBK support on cash crunch
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Commercial banks have increased their reliance on the Central Bank of Kenya for liquidity support this year as the sector pays the price of low government payments and high interest rates that have made it costly to mobilize deposits from customers. Lenders have withdrawn a cumulative Sh4 trillion from the…
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Banks tap Sh4trn in CBK support on cash crunch
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Commercial banks have increased their reliance on the Central Bank of Kenya for liquidity support this year as the sector pays the price of low government payments and high interest rates that have made it costly to mobilize deposits from customers. Lenders have withdrawn a cumulative Sh4 trillion from the…
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4 Trading Adjustments to Make in a High Volatility Environment
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With Wall Street’s fear gauge hitting its highest level since the pandemic, we could see another major spike in market volatility. Here are some adjustments you can make. What are volatility anyway? Volatility refers to the amount of fluctuation in the price of an asset over a period of time.…
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Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
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Standard Chartered Bank’s subsidiary, Mox, has launched Bitcoin and cryptocurrency exchange-traded funds (ETFs) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and cryptocurrency-linked investment products. BREAKING: ?? Standard Chartered’s Mox Bank starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc —…
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Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
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Standard Chartered Bank’s subsidiary, Mox, has launched Bitcoin and cryptocurrency exchange-traded funds (ETFs) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and cryptocurrency-linked investment products. BREAKING: ?? Standard Chartered’s Mox Bank starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc —…
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Watchdog bans Gemma Collins advert promoting headset to treat depression
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The UK’s advertising watchdog has banned an Instagram post by TV personality Gemma Collins in which she promoted a headset as a treatment for depression. The Advertising Standards Authority (ASA) ruled that the ad discouraged seeking professional medical advice. In the video posted in May 2023, Collins wore the Flow…
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Japan top currency diplomat says focus is on volatility when it comes to FX
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It is recommended that currencies move in a stable manner that reflects the fundamentals. Excessive volatility increases uncertainty and reduces predictability for companies. No change in Japan’s economic outlook despite recent market volatility Monitoring the financial markets closely with a sense of urgency and calm as well. A 2,000 basis…
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Blackrock Unshaken Despite Recent Bitcoin Market Crash, Data Shows
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Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…
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agilon health reports growth in Q2, adjusts full-year guidance By Investing.com
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During the second quarter earnings call, agilon health (AGL) CEO Steve Sell provided an update on the company’s performance and strategic initiatives. agilon health reported substantial growth in its Medicare Advantage membership and revenues, while also announcing adjustments to its full-year guidance. The company is experiencing a significant increase in…
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Bitcoin Long-Term Holders Unfazed By Price Drop
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The cryptocurrency market has been in a state of constant flux, with Bitcoin seeing a significant drop. prices drop Bitcoin has fallen below $50,000. But amidst this volatility, a notable trend has emerged – long-term holders of Bitcoin have remained steadfast, demonstrating their unwavering commitment to digital gold. This article…
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Turkish exports to “Palestine” skyrocket
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Three months after Turkish President Recep Tayyip Erdogan imposed a trade embargo on Israel, and after Globes exposed the Palestinian loophole that Israeli exporters were exploiting to keep goods flowing, it turns out that the loophole has become a highway. According to the Turkish Exporters Assembly (TiM), which represents more…
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Dollar edges higher,yen falls after BOJ rules out another rate hike, for now By Investing.com
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Investing.com – The U.S. dollar rose slightly on Wednesday, while the Japanese yen fell after the Bank of Japan tried to calm troubled waters by signaling it would not raise interest rates again while markets remain volatile. At 04:25 ET (09:25 GMT), the dollar index, which tracks the greenback against…
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Decentralized crypto exchange Nexera halts trading following $1.5m exploit
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Multi-chain decentralized exchange Nexera has been hit by a $1.5 million exploit, forcing it to halt all trading. Decentralized cryptocurrency exchange Nexera — also known as AllianceBlock Nexera — has been attacked by a hacker, resulting in a $1.5 million liquidity loss. The breach was first reported by blockchain analytics…
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ABN Amro lifts full-year interest income outlook on higher rates By Reuters
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By Leo Marchandon and Matteo Allevi (Reuters) – Dutch bank ABN Amro on Wednesday raised its full-year net interest income forecast to 6.4 billion euros ($6.98 billion) after beating second-quarter estimates, sending its shares up 3 percent. ABN Amro’s previous forecast of €6.3 billion was in line with 2023 levels.…
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Chart Art: Is Gold (XAU/USD) Gearing up for a Reversal Soon?
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Are gold bulls having a hard time keeping the precious metal up these days? This is a classic reversal pattern that I watch on the 4-hour time frame. Gold (XAU/USD) 4 hours Chart by TradingView Gold made several failed attempts to break its July highs around the $2,475 area, only…
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Shiba Inu (SHIB) Investors Gain 310% In New SHIB Rival Priced $0.00107
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The cryptocurrency market is buzzing with a new eye-catching development: Shiba Inu (SHIB) investors are reaping significant gains from a new competitor, Mpeppe (MPEPE). The coin is priced at just $0.00107, Mbebe (Mbebe) Mpeppe (MPEPE) has surged 310% in value, making it a significant contender in the crypto space. This…