Author: Investor Empires
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Bank of America lays out the perfect scenario for stocks to rally after the May jobs report
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“We’re hiring!” A sign is displayed at a Starbucks coffee shop on Hollywood Boulevard on June 23, 2021 in Los Angeles, California.Mario Tama/Getty Images The stock market faces a big test this week with the release of the May jobs report on Friday. Bank of America said the moderate range…
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Google ‘asleep at the wheel’ on crypto deepfake scams
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A cybersecurity expert has criticized Google for inadequate safeguards against deepfakes targeting cryptocurrencies involving Bitcoin and figures like Elon Musk. Recently, scammers took advantage of a fabricated YouTube video of billionaire and Tesla CEO Elon Musk to scam unsuspecting users of cryptocurrencies, including Bitcoin (BTC). Bad actors used artificial intelligence…
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Google ‘asleep at the wheel’ on crypto deepfake scams
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A cybersecurity expert has criticized Google for inadequate safeguards against deepfakes targeting cryptocurrencies involving Bitcoin and figures like Elon Musk. Recently, scammers took advantage of a fabricated YouTube video of billionaire and Tesla CEO Elon Musk to scam unsuspecting users of cryptocurrencies, including Bitcoin (BTC). Bad actors used artificial intelligence…
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U.S. home power bills forecast to jump nearly 8% this summer – report (NYSEARCA:XLU)
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Gargolas/iStock via Getty Images Home energy bills in the United States are expected to rise They are rising 7.9% on average this summerTemperatures are expected to reach record levels, according to a study released Monday by the National Energy Assistance Directors Association and the Center on Energy, Poverty, and Climate.…
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Asian stocks muted before more rate cues; Indian elections in focus By Investing.com
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Investing.com — Most Asian stocks fell on Tuesday, easing recent gains as investors awaited more signals on interest rates this week, while Indian stocks hovered around record levels on bets that the Bharatiya Janata Party would win a third consecutive election term. General year 2024. Regional stocks received moderate signals…
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Matter Labs Abandons ‘ZK’ Trademark Following Community Outcry
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Matter Labs, the developer behind the ZkSync Ethereum Layer 2 network, has decided to abandon its efforts to trademark the term “ZK.” In a June 3 update, Matter Labs said its decision to abandon its efforts to trademark the term “ZK” stems from the logic that “it is impossible to…
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Matter Labs Abandons ‘ZK’ Trademark Following Community Outcry
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Matter Labs, the developer behind the ZkSync Ethereum Layer 2 network, has decided to abandon its efforts to trademark the term “ZK.” In a June 3 update, Matter Labs said its decision to abandon its efforts to trademark the term “ZK” stems from the logic that “it is impossible to…
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Does Medicare cover concierge medicine?
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Many of us have experienced the frustration of trying to find a doctor who is accepting new patients, long waits to see the doctor, and rushing appointments. Enter concierge medicine. “Concierge medicine is when people pay an annual membership fee to get a more personalized approach to their health care,”…
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Visa Direct Integration Bolsters Nuvei’s Payment Offerings in Colombia
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Nuvei Corporation, a Canadian fintech company, has revealed its collaboration with Visa, a well-known figure in the digital payments space, to introduce Visa Direct in Colombia. Nuvei has become the first global payments provider to offer Visa Direct to its customers in the country. Transfer funds to the financial account…
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Major Milestone: Hong Kong Regulator Approves 11 Crypto Exchanges To Operate In The City
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Hong Kong’s Securities and Futures Commission (SFC) recently granted in-principle approval to 11 cryptocurrency exchanges to continue operating in the city. This marks the first step towards the issuance of Virtual Asset Trading Platform (VATP) licenses since 2022. The move comes as Hong Kong aims to establish itself as a…
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Kanu loses KICC land ownership fight
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Plans by former ruling party Kenya African National Union (KANU) to reclaim the Kenyatta International Conference Center (KICC) have been dealt a blow after a judge ruled that it illegally obtained title to the land where the building is located. Justice Jacqueline Mugenyi also ruled that the land was not…
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Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters
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Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…
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Central banks turn cautious on China’s yuan, keen on dollars and gold By Reuters
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Written by Alun John LONDON (Reuters) – More global reserve managers intend to increase exposure to the currently high-yielding U.S. dollar as their interest in it deteriorates due to lower yields and geopolitical tensions, the official forum of monetary and financial institutions said. Data from a survey conducted by the…
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Fold Adds New Feature And Team Member To Better Bank Bitcoiners
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Folds It recently released a Direct to Bitcoin feature as part of a suite of features that the Fold team calls its Bitcoin Checking Account. Fold users can now automatically transfer anywhere from 1% to 100% of their fiat deposits into Bitcoin from a checking account from which they can…
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Nigel Farage to Stand as MP in Clacton, Leading Reform UK into Election
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Nigel Farage has announced his return to frontline politics, announcing his candidacy for Parliament in Clacton, Essex, and his leadership of the UK Reform Party. Farage’s return comes as the election campaign heats up, with the major parties unveiling their key pledges. In his announcement, Farage promised to lead a…
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RBC on oil and OPEC+, ‘data dependent’
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Regarding the OPC+ meeting and announcement, previous information: Goldman Sachs says the outcome of the OPEC+ meeting is bearish for oil More from OPEC+: Saudi Energy Minister says waiting for interest rates to fall HSBC kept its Brent crude price assumptions steady after the OPEC+ meeting In brief, OPEC’s announcement…
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Stage Set For Fresh Rally?
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On-chain data shows that Bitcoin could get significant support between $66,900 and $68,900, which could help provide solid ground for a new rally to higher levels. A large number of investors bought their Bitcoin for between $66,900 and $68,900. According to market intelligence platform data IntoTheBlock, BTC is currently floating…
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Blackline Safety Announces Fiscal Second Quarter 2024 Financial Results Conference Call
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Article content Calgary, Canada — Black Line Safety Inc. (TSX: BLN), the global leader in connected safety technology, announced today that it will release financial results for the second quarter of 2024 before the markets open on Thursday, June 13, 2024. Management will host a conference call and webcast to…
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Binance doesn’t see a clear roadmap for getting exec out of Nigeria
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Noah Perlman, Chief Compliance Officer at Binance, discussed the latest developments in the legal battle involving Nigeria and Binance CEO Tigran Gambaryan. Perelman commented on the ongoing saga involving two Binance executives and the Nigerian government without giving much hope of a resolution anytime soon. “We don’t really see a…