Author: Investorempires.com
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Client Assets on Saxo Hit DKK 800 Billion
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Saxo Bank announced today (Friday) that client assets on its platform have reached 800 billion Danish kroner (about 116.1 billion US dollars), a record for the Danish broker, which has more than 1.2 million clients globally. Huge surge in customer assets The broker was founded in 1992, and it took…
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LayerZero spots 800k sybil addresses in airdrop scheme
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An ongoing self-reporting effort by interoperability giant LayerZero to combat Sybil attacks has uncovered more than 800,000 Sybil addresses. According to LayerZero, the self-reporting process was carried out alongside rigorous analysis with risk management platform Chaos Labs and blockchain analytics firm Nansen. The self-report phase of the sybil has now…
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Christine Nkonge’s fears in midlife self-discovery
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If you only listen to the words spoken by Christine Jackie Nkonge, all you hear is the voice she makes, the voice of self-confidence, divorced from all guesswork and conjecture, simple and concise, which she delivers like a monk meditating on a mountain. . The phrase “wise beyond her years”…
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ECBs Vasle: Awaiting data and open to possibilities on rate path
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Speaking from the European Central Bank, Vasle says: Waiting for data and open to possibilities on the price path A cut in interest rates in June would be reasonable GDP growth in A24 appears to be better than expected. Really interested in what is happening in the United States. With…
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Hong Kong Police Arrest Crypto Exchange Shop Employees on Suspicion of Fraud
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Hong Kong police have arrested three employees of a currency exchange shop on suspicion of fraudulent activities. This followed an incident where a customer at the store was reportedly confronted with piles of “hell money” before executing a cryptocurrency transfer worth around HK$1 million. Hong Kong authorities arrest 3 on…
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Company Insolvencies Surge by Nearly 20% in April
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Difficult economic conditions led to an 18 percent increase in corporate bankruptcies during April, as rising debt levels, rising interest rates and spending cuts took their toll. According to data from Companies House, corporate bankruptcies rose to 2,177 in April, compared to 1,838 in March. Over the 12 months to…
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Alpha Bank posts record profit since 2007, eyes dividend resumption By Investing.com
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Alpha Services and Holdings, the parent company of Alpha Bank (ALPHA.AT), reported a robust first-quarter profit of €211 million for 2024, marking the highest earnings the bank has achieved since the third quarter of 2007. The bank has expressed confidence in its full-year outlook, expecting to maintain strong performance with…
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Bitcoin Breakout From Major Resistance Levels Signals Bullish Momentum
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Bitcoin Which had been moving lower for a while, has now managed to break above the previous resistance level of $67,303.98 and has been showing signs of a potential rally since then. At the time of writing, BTC price is up 0.04%, and is currently trading at around $67,303.98. BTC…
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Slowing Inflation Primes G-7 Central Banks for June
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Breadcrumb Trail Links PMN Business Inflation-related releases across the Group of Seven will prime central bankers for crucial June interest-rate decisions, just as they meet in Italy to discuss the state of the world economy. Author of the article: Bloomberg News Brian Fowler and Craig Stirling Published May 18, 2024…
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Belgian Regulator Alerts on Clones of Two Popular Trading Brands
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Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…
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Tornado Cash Dev Alexey Pertsev Sentenced to 64 Months in Prison
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Alexei Burtsev, the developer of the Ethereum-based Tornado Cash cryptocurrency mixer, was sentenced to 64 months in prison after a Dutch court found him guilty of money laundering on Tuesday. The judge stated that the platform was “intended for criminals” and that Burtsev should have suspected the criminal origins of…
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Tornado Cash Dev Alexey Pertsev Sentenced to 64 Months in Prison
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Alexei Burtsev, the developer of the Ethereum-based Tornado Cash cryptocurrency mixer, was sentenced to 64 months in prison after a Dutch court found him guilty of money laundering on Tuesday. The judge stated that the platform was “intended for criminals” and that Burtsev should have suspected the criminal origins of…
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monday.com soars on raised 2024 outlook
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Israeli business operating systems company monday.com (Nasdaq: MNDY) rose sharply on Wall Street after raising its annual forecasts for both revenue and profits and reporting strong results for the first quarter of 2024. The company reported first-quarter revenue of $217 million, up 37% from the corresponding quarter in 2023. GAAP…
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Major earnings releases for the week starting May 20 highlighted by Nvidia.
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Next week’s earnings calendar is arguably not over, with the most important earnings announcement scheduled for Wednesday, May 22nd when Nvidia reports earnings after the close. Summary of the most important releases: Monday 20 May Zoom in Palo Alto Networks Trip.com Tuesday 21 May Louise Take care of the brothers…
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Memecoin Eyes New Highs as OI Soars
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Floki Inu (FLOKI), a memecoin inspired by the Shiba Inu, has stepped into the spotlight with an increase in trading activity and a nearly 20% price increase in the past week. However, experts warn that these “minis” may be short-lived, fueled more by hype than solid fundamentals. Related reading Open…
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Venezuela opposition candidate says he will guarantee political freedom By Reuters
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Written by Vivian Sekera LA VICTORIA, Venezuela (Reuters) – Venezuelan opposition candidate Edmundo Gonzalez said on Saturday he would guarantee freedom of action for all political parties if he ousted President Nicolas Maduro in elections scheduled for July, and urged the military to support the country’s institutions as the president…
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Evercore ISI offers outlook for fed funds rate in each scenario By Investing.com
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Although interest rates are at high levels, the economy has not weakened in the way many expected. In a research note, Evercore ISI examines the impact of the Fed’s fiscal policy on interest rates, noting that compared to the pre-Covid baseline, it is likely still stimulating the economy. In other…
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
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AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, raising concerns within the cryptocurrency community about the network’s security. This blockchain confirmed 20,686 transactions, resulting in over 23 bitcoins, worth approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904,…
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AntPool mines 7 consecutive blocks, ‘centralization trend’ continues
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AntPool, the second-largest Bitcoin (BTC) mining pool, mined seven consecutive blocks on May 17, raising concerns within the cryptocurrency community about the network’s security. This blockchain confirmed 20,686 transactions, resulting in over 23 bitcoins, worth approximately $1.54 million in revenue. The mining spree occurred between block heights 843,898 and 843,904,…