Author: Investor Empires
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Pudgy Penguins firm secures $11m to build new L2 project
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Igloo, Inc., the company behind the non-fungible token Pudgy Penguins, announced that it has raised $11 million in funding to build its latest blockchain project. Peter Thiel Founders Fund led the fundraising round, which Igloo says will include: Funding a new currency based on Ethereum (ETH) Consumer Layer 2 solutions…
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Pudgy Penguins firm secures $11m to build new L2 project
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Igloo, Inc., the company behind the non-fungible token Pudgy Penguins, announced that it has raised $11 million in funding to build its latest blockchain project. Peter Thiel Founders Fund led the fundraising round, which Igloo says will include: Funding a new currency based on Ethereum (ETH) Consumer Layer 2 solutions…
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Treasury urges Chancellor to target pension savings of 6m middle-class workers
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Rachel Reeves, Consultant Rachel Reeves will push to tap into the retirement savings of up to 6 million middle-class workers in plans Treasury officials presented ahead of her first budget. The Chancellor is expected to consider a proposal to cut pension tax to a flat rate of 30% – meaning…
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BOC rate decision and lower oil price help to push USDCAD higher. Technicals more bullish.
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As the market awaits tomorrow’s Bank of Canada interest rate decision, the USD/CAD pair has been rising in anticipation of a rate cut. The pair has also been helped by a sharp drop in oil prices, which have pushed the price down by about 8% from its highs last Wednesday…
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Top 10+ Best Bitcoin & Crypto Casinos ? New & Updated
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Bitcoin casinos have become hugely popular platforms for online gamblers to play a vast array of games, ranging from classics such as Blackjack and Roulette to a wide variety of Slots, all using digital currencies like Bitcoin. This article compares and reviews all of the leading Bitcoin casino platforms in…
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AI could be the best long-term disinflationary force in a challenging global economy
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Inflation has come down from last year’s peak, but as the latest figures show, it’s still not as low as anyone would like. The Fed has also raised interest rates 11 times and kept them at 23-year highs. Will that be enough? Perhaps, but some economists say we’re in a…
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AI could be the best long-term disinflationary force in a challenging global economy
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Inflation has come down from last year’s peak, but as the latest figures show, it’s still not as low as anyone would like. The Fed has also raised interest rates 11 times and kept them at 23-year highs. Will that be enough? Perhaps, but some economists say we’re in a…
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Apple likely to release foldable iPhone as early as 2026, the Information reports By Reuters
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(Reuters) – Apple Inc is likely to release a foldable iPhone as early as 2026, the Information reported on Tuesday, potentially marking the biggest hardware design revamp of the company’s most popular product. The Cupertino, California-based company’s plan to launch a foldable iPhone could mimic a similar move by Samsung…
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Bitcoin Mining and HPC Leaders Unite to Create Synteq Digital
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SunnySide Digital (SunnySide) and Cryptech Solutions (Cryptech), wholesale distributors and service providers of digital asset mining equipment and high-performance computing data centers, have joined forces to launch Syntec Digital (Syntec). Synteq Digital aims to meet the needs of the digital mining and high-performance computing industries on a large scale by…
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Faulu Microfinance Bank launches money market fund
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Faulo Microfinance Bank has launched the Money Market Fund (MMF), with the aim of expanding investment options for its clients. A money market fund (MMF) is a type of mutual fund that invests in high-quality, short-term debt instruments, cash, and cash equivalents. Although not quite as safe as cash, money…
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Wells Fargo sees slower US dollar decline through 2025 By Investing.com
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Wells Fargo has updated its currency market forecasts, expecting a gradual decline in the value of the US dollar over the medium term compared to previous expectations. The bank’s forecasts indicate a moderate decline in the value of the dollar through most of 2025. This forecast is based on an…
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Helium (HNT) Rockets In Value With 41% Rally
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Some altcoins are seeing a strong and consistent bullish stance from their traders today, and Helium is one of them. Latest Market Data Offers The token is up nearly 41% since last week. HNT price continues weekly rise. Source: quinjico Related reading This is largely supported by ongoing efforts to…
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Helium (HNT) Rockets In Value With 41% Rally
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Some altcoins are seeing a strong and consistent bullish stance from their traders today, and Helium is one of them. Latest Market Data Offers The token is up nearly 41% since last week. HNT price continues weekly rise. Source: quinjico Related reading This is largely supported by ongoing efforts to…
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Carpetright’s future secured but at least 1,000 jobs lost in limited rescue deal
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Carpetright’s future was partly secured through the rescue deal, but the move resulted in the loss of more than 1,000 jobs. Tapi, a rival flooring retailer, bought 54 of Carpetright’s 272 stores and two warehouses through a pre-pack administration, which allows for selective acquisition of assets. The deal retained 308…
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Secret Service Director Cheatle resigns according to sources.
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Secret Service Director Kimberly Shettle has resigned, according to sources. The move comes after intense questioning by members of the House Oversight Committee yesterday, who sharply criticized the director over the recent assassination attempt on former President Donald Trump. During her testimony yesterday, she acknowledged that there were serious and…
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Ethereum Price Climbs To $3,500 Ahead Of Spot ETF Trading In US
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The cryptocurrency market has been abuzz with excitement over the imminent launch of Ethereum exchange-traded funds (ETFs) in the United States, following the long-awaited Ethereum ETF consentThe expectations surrounding these financial instruments have had a significant impact on the price of Ethereum, the second-largest cryptocurrency by market cap. In this…
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Ethereum Price Climbs To $3,500 Ahead Of Spot ETF Trading In US
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The cryptocurrency market has been abuzz with excitement over the imminent launch of Ethereum exchange-traded funds (ETFs) in the United States, following the long-awaited Ethereum ETF consentThe expectations surrounding these financial instruments have had a significant impact on the price of Ethereum, the second-largest cryptocurrency by market cap. In this…
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Asahi Kasei Selects PolymRize™ to Advance Polymer Informatics for Sustainable Innovation
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on July 23, 2024 •…
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General Motors shares rally after earnings and revenue beat, raises full-year outlook By Investing.com
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General Motors (NYSE:GM) shares rose 5.45% after reporting second-quarter results that beat expectations on both earnings and revenue. The auto giant reported adjusted earnings per share of $3.06, well above the consensus estimate of $2.71. Revenue for the quarter also topped expectations, coming in at $47.97 billion versus the $45…