Author: Investor Empires
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Hacked Crypto Exchange WazirX Unveils 55/45 Recovery Plan
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The cryptocurrency landscape has seen its fair share of challenges, and the recent cybersecurity breach at India’s WazirX exchange was a stark reminder of the risks involved in the digital asset ecosystem. In the wake of the attack, which resulted in the theft of $230 million, or 45% of user…
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Labour Chancellor Rachel Reeves to Unveil £19bn Financial Shortfall and Outline Tax Increase Plans
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Chancellor Rachel Reeves is set to unveil a £19bn deficit in the public finances, paving the way for an expected tax rise in the autumn. The announcement comes as it assesses fiscal challenges inherited from the previous conservative administration. An early audit has revealed “excess pressures” of around £19bn in…
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What would Trump 2.0 mean for inflation, energy policy and trade By Investing.com
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With Donald Trump’s chances of a second term increasing in the wake of recent developments, his policy priorities are expected to have mixed effects on inflation, energy policy, trade, and other important issues. Inflation appears to be a key focus of a potential Trump administration. In his acceptance speech at…
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Ethereum ETFs see $341.8m net outflows in first week, triggered by Grayscale’s ETHE
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US Ethereum ETFs had a mixed start to the week, with net inflows to most ETFs overshadowing large net outflows from Grayscale’s ETHE converter fund. Data from Farside Investors Offers Ethereum (ETH) exchange-traded funds (ETFs) saw just over $162 million in total outflows on Friday, July 26, marking the third…
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Fed Is About to Nod at a Rate Cut as Job Growth Moderates
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Breadcrumbs Path Links PMN Business Federal Reserve officials appear poised to cut borrowing costs within months, a move that Chair Jerome Powell may signal next week as risks to the strong but moderate labor market mount. Article author: Bloomberg News Red Pickert Published on July 27, 2024 • Read for…
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The AUD is the strongest and the JPY is the weakest as the NA session begins.
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As the North American session begins, the Aussie is the strongest and the Japanese Yen is the weakest. This combination mirrors what has been more common with the Aussie (or New Zealand Dollar) being the weakest and the Japanese Yen the strongest. Unsurprisingly, there has been a pre-market rally in…
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Shiba Inu Competitor FLOKI Poised For Dogecoin-Like Rally, How High Can It Go?
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A cryptocurrency analyst has predicted that the prominent meme coin and Shiba Inu’s rival, FLOKI Floki is expected to surge to new highs like Dogecoin. This bullish prediction comes on the heels of Floki’s recent listing on a leading cryptocurrency exchange, Bitstamp. Analysts expect Floki stock to surge similar to…
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Israeli cybersecurity co Dazz raises $50m
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Israeli Unified Security Repair Company It passed Greylock today announced the closing of a $50 million funding round co-led by Cyberstarts, Insight Partners, and Index Ventures. This latest round brings the company’s total raised to $110 million. No valuation was disclosed, with TechCrunch reporting that the funds were raised at…
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What Harris vs. Trump means for cannabis stocks By Investing.com
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A potential shift in the political landscape is putting a spotlight on cannabis stocks. According to equity research firm Zuanic & Associates, the recent news that President Biden will not seek re-election has sparked a positive reaction in the cannabis sector. Analysts at the firm point out that the possibility…
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University of Wyoming Launches First Bitcoin Research Institute
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University of Wyoming (UW) established Bitcoin Research Institute at the University of Washingtonwhich represents the first academic institute dedicated to Bitcoin studies. Dr. Bradley Rettler, Associate Professor of Philosophy and author of Resistance Money: A Philosophical Argument for BitcoinMr. Reitler has been appointed as the opening moderator, taking to the…
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University of Wyoming Launches First Bitcoin Research Institute
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University of Wyoming (UW) established Bitcoin Research Institute at the University of Washingtonwhich represents the first academic institute dedicated to Bitcoin studies. Dr. Bradley Rettler, Associate Professor of Philosophy and author of Resistance Money: A Philosophical Argument for BitcoinMr. Reitler has been appointed as the opening moderator, taking to the…
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Olympics-Athletics-Briton Christie says Lyles’ brash comments could backfire By Reuters
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By Lori Ewing PARIS (Reuters) – Great British runner Linford Christie believes Noah Lyles would be better off letting his races speak for themselves, saying the American’s brash comments are fuelling rivalry between his rivals. Confident Lyles is not shy about achieving his goal of four gold medals at the…
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US inflation (PCE) data due imminently – here is the critical range to watch
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I posted this during the Asian time zone, and I’m repeating it here. Before I do that, check this out: — The core personal spending data is due at 0830 ET and is the focus of attention. You can see the median estimates below in the table. The ranges for…
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This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC
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Bitcoin mining giant, Digital Marathon She made headlines by investing a staggering $100 million in BitcoinThis major investment comes despite the fact that Previous Bitcoin Price Dropconfirming the mining giant’s confidence in the long-term potential of the leading cryptocurrency. Mara buys $100 million in Bitcoin in press release MARA (recently…
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This Bitcoin Mining Giant Just Spent $100 Million To Buy BTC
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Bitcoin mining giant, Digital Marathon She made headlines by investing a staggering $100 million in BitcoinThis major investment comes despite the fact that Previous Bitcoin Price Dropconfirming the mining giant’s confidence in the long-term potential of the leading cryptocurrency. Mara buys $100 million in Bitcoin in press release MARA (recently…
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CrowdStrike vs. Palo Alto Networks
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Organizations around the world rely on cybersecurity to protect against hackers. The extent of that reliance became clear on July 19 when the cybersecurity firm updated its software Crowd Strike (NASDAQ: CRWD) The app contained a bug, causing widespread disruptions to many businesses, including airlines, hospitals and banks. The unexpected…
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US PCE data is the key release today
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Today’s data could help the Fed make its decision next week (and beyond), as the “preferred measure of inflation” (core PCE) will be released at 8:30 a.m. ET. Personal spending and spending (and personal income and spending) data will highlight the economic data review due out today, along with the…
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Toncoin Price Forecast: 2024-2030 Insights And Trends
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The cryptocurrency market has seen its fair share of rising stars, and Toncoin has emerged as a notable player in this dynamic landscape. As a layer-1 blockchain project, Toncoin has attracted attention for its potential to reshape digital transactions and decentralized applications. The Toncoin price has become a topic of…
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Toncoin Price Forecast: 2024-2030 Insights And Trends
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The cryptocurrency market has seen its fair share of rising stars, and Toncoin has emerged as a notable player in this dynamic landscape. As a layer-1 blockchain project, Toncoin has attracted attention for its potential to reshape digital transactions and decentralized applications. The Toncoin price has become a topic of…
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Cantor Fitzgerald to launch Bitcoin financing business (Cryptocurrency:BTC-USD)
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Christmas. November 27, 2024 at 1:39 PM ETBitcoin to US Dollar (BTC-USD)GBTC, Block, DABBITQ, BKCH, CRPT, BTCW, IBLC, IBIT, BRRR, ARKB, BTCO, HODL, FBTC, BITB, EZBCby: Vansh Agarwal, SA News Editor peterschreiber.media/iStock via Getty Images Cantor Fitzgerald announced Saturday that it plans to launch a bitcoin financing project to provide…