Author: Investor Empires
-
Gemini to pay $50 million to defrauded investors
•
Gemini will make this payment as settlement of the New York cryptocurrency fraud claim. Gemini is also prohibited from operating lending programs in New York. Letitia James, Attorney General of New York Announce Her office has successfully received $50 million from cryptocurrency platform Gemini. These funds will be used to…
-
Intel cash problems causing pause in new Israeli plant
•
Intel Israel has asked several suppliers to halt work on the construction and expansion of its new Fab38 production plant in Kiryat Gat, which is set to be one of Intel’s most advanced factories worldwide and the largest chip-making plant in Israel. Channel 12 News reported earlier this week that…
-
Exclusive-Vanguard vote switch helped pass Tesla CEO Elon Musk’s $56 billion pay package By Reuters
•
Written by Ross Kerber (Reuters) – Vanguard, Tesla Inc. (NASDAQ:)’s largest outside investor, said it voted in favor of CEO Elon Musk’s $56 billion pay package, citing the company’s performance, which contributed to the record-breaking rankings being passed on Thursday. In a memo seen by Reuters, Vanguard said it voted…
-
This Token Plummets 80% Following Recent Exploit: Details
•
The value of the Omnichain Tokenization platform’s native token, HLG, fell by nearly 80% following the recent hack. The malicious actor exploited a vulnerability in the protocol operator’s contract and minted 1 billion HLG tokens which were initially worth approximately $14.4 million. Holographic exploitation Holograph has confirmed the hack occurred…
-
This Token Plummets 80% Following Recent Exploit: Details
•
The value of the Omnichain Tokenization platform’s native token, HLG, fell by nearly 80% following the recent hack. The malicious actor exploited a vulnerability in the protocol operator’s contract and minted 1 billion HLG tokens which were initially worth approximately $14.4 million. Holographic exploitation Holograph has confirmed the hack occurred…
-
World leaders join Ukraine summit in test of Kyiv’s diplomatic clout By Reuters
•
Written by John Revell and Emma Farge LUCERNE, Switzerland (Reuters) – World leaders will gather in Switzerland on Saturday for a summit aimed at pressuring Russia to end its war in Ukraine, but Moscow’s absence of powerful allies such as China will limit its potential influence. Dozens of Ukraine’s allies…
-
“Fintech Can Truly Change Lives:” Enfuce Co-CEOs on Building a Sustainable Future
•
In the bustling corridors of Money20/20 in Amsterdam, the air was thick with anticipation and innovation. Amidst this dynamic backdrop, Enfuce illuminated a vision for fintech that transcends mere financial transactions. Monika Liikamaa and Denise Johansson, the co-CEOs and co-founders of Enfuce, shared their insights with us in a post-event…
-
Shiba Inu Recovers From Crash, Machine Learning Algorithm Predicts Next Week’s Price
•
The Shiba Inu is starting to see some upside after the flash crash that rocked the cryptocurrency market on Thursday. As SHIB’s recovery brings renewed hope among investors, a machine learning algorithm has predicted further rise for the meme coin in the coming week. Machine learning algorithm says SHIB price…
-
Goldman Sachs Boosts S&P 500 Target on Upbeat Profit Outlook
•
(Bloomberg) — Strategists at Goldman Sachs Group boosted their year-end target for the Standard & Poor’s 500 Index for the third time, reflecting Wall Street’s upbeat expectations for earnings growth and the U.S. economy. Most read from Bloomberg The bank’s equity strategists, led by David Kostin, now expect the benchmark…
-
Why Institutional Bitcoin Investors Need Optimal Networks
•
As Bitcoin becomes more integrated into the economy, investors are realizing the importance of scalability. Bitcoin investors are particularly interested in the potential of these digital assets to transform not only retail and personal finance enterprises but also what happens in large enterprises. From the financial sector to the technology…
-
Why Institutional Bitcoin Investors Need Optimal Networks
•
As Bitcoin becomes more integrated into the economy, investors are realizing the importance of scalability. Bitcoin investors are particularly interested in the potential of these digital assets to transform not only retail and personal finance enterprises but also what happens in large enterprises. From the financial sector to the technology…
-
Rising fuel inventories hit crack spreads, likely signaling refining slowdown ahead
•
Slavko Sereda/iStock via Getty Images Oil futures posted strong weekly gains that offset the big decline that followed OPEC’s June 2 announcement of its plan to begin bringing back about 2.2 million barrels per day of crude oil later this year. It’s been a week taught by Conflicting demand forecastsOPEC…
-
Carlyle explores sale of electric power producer Cogentrix, FT reports By Reuters
•
(Reuters) – Private equity firm Carlyle has hired advisers to study a sale of Cognitrix that could value the North Carolina-based energy producer at as much as $3 billion to $4 billion, the Financial Times reported, citing three people familiar with the matter. Carlyle is also selling other energy assets…
-
Crypto Analyst Lists The Cardano Developments That Will Drive ADA Price To $3 In 2024
•
Cryptoanalyst Sebastian He explained why he believed it Cardano (ADA) It could rise to $3 this year. There is no doubt that the developments highlighted by the analyst paint a bullish picture for the cryptocurrency token. However, it remains to be seen how Cardano They will react, given that it…
-
Notorious conspiracy theorist Alex Jones’ assets will be sold to pay a $1.5 billion debt to families of the Sandy Hook massacre victims
•
A federal judge on Friday ordered the liquidation Conspiracy theorist Alex Jones “personal assets but dismissed his company’s separate bankruptcy case, leaving the future of his media platform Infowars uncertain as he owes $1.5 billion over his false claims that… Sandy Hook Elementary School shooting It was a trick. Judge…
-
Equiti Claims Victory at 2024 Mini-Football Tournament in Limassol
•
The much-awaited FXCubic Mini-Football Tournament 2024 took place today (Friday) in Limassol. This exciting soccer sensation, organized by the fintech specialist FXCubic, brought together top FX industry brands, including brokers and technology providers, for an evening of fierce but friendly competition, complete with music, food, and drinks. Dedicated Forex cloud…
-
The Future Is Uncertain For Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST !
•
Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial crisis, wiping out billions of investors’ money. Following this, the US Securities and Exchange Commission (SEC)…
-
The Future Is Uncertain For Terra Ecosystem After $4.47 Billion SEC Settlement Over LUNA, UST !
•
Terra (LUNA) blockchain. Algorithmic stablecoin TerraUSD (UST) has been at the center of the turbulent saga in the cryptocurrency industry. The dramatic collapse of LUNA and UST in 2022 led to a massive financial crisis, wiping out billions of investors’ money. Following this, the US Securities and Exchange Commission (SEC)…
-
Former spy chief Michael Gichangi retires from Kenya Airways board
•
Former intelligence chief, retired Major General Michael Gichanji, has exited the board of Kenya Airways after six years and eight months. He was a non-executive director and Chairman of the Board’s Strategy and Business Development Committee. He joined the national carrier’s board of directors in September 2017. “The Board of…
-
Dollar pares losses as Fed officials project only one rate cut this year By Reuters
•
Written by Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed that consumer prices in May rose less than economists expected, but pared losses after an updated interest rate forecast by Federal Reserve officials showed an expectation of another rate cut. Only one this year.…