Category: Assets
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Australia’s ANZ joins Project Guardian on tokenized assets
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Australia’s ANZ Bank is collaborating with the Monetary Authority of Singapore, Chainlink Labs and ADDX to explore token assets and blockchain interoperability. ANZ Bank, one of Australia’s “Big Four” banks, has become the first Australian bank to join Project Guardian, an initiative by the Monetary Authority of Singapore that aims…
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Capital Economics sees rough year ahead for Mexican assets By Investing.com
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Capital Economics has Expected poor performance The Mexican peso and broader financial assets are expected to decline in the coming year due to political and economic instability. The peso, which has recently fallen about 15% against the dollar since early April, is still seen as overvalued despite its sharp decline…
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Qatar introduces new digital assets framework
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Qatar has unveiled a new regulatory framework for digital assets, the launch of which is set to bring key areas such as tokenization, custody and exchange under regulation. The Qatar Financial Centre Authority and the Qatar Financial Centre Regulatory Authority, the lead framework drafters, announced the new framework in a…
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Qatar introduces new digital assets framework
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Qatar has unveiled a new regulatory framework for digital assets, the launch of which is set to bring key areas such as tokenization, custody and exchange under regulation. The Qatar Financial Centre Authority and the Qatar Financial Centre Regulatory Authority, the lead framework drafters, announced the new framework in a…
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Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
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By Max A. Czerny and Milana Finn (Reuters) – Intel Corp Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company’s board to cut non-essential businesses and reorganize capital spending in an effort to revive the fortunes of the once-dominant chipmaker,…
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Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says By Reuters
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By Max A. Czerny and Milana Finn Intel Chief Executive Pat Gelsinger and top executives are expected to present a plan later this month to the company’s board to cut non-essential businesses and reorganize capital spending in an effort to revive the fortunes of the once-dominant chipmaker, a person familiar…
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Ukraine Jittery Over Funding Delays From Frozen Russian Assets
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Breadcrumbs Path Links PMN Business Ukrainian officials are concerned about delays in finalizing a deal that would open the door to $50 billion in support by tapping profits from frozen Russian central bank assets, according to people familiar with the matter. Article author: Bloomberg News Darina Krasnolotska, Alberto Nardelli and…
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$10 Weekly Bitcoin DCA Yields 202% Return, Outshines Traditional Assets Over 5 Years
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Modern analysis of Bitcoin Pro Magazine This report shows the strength of Bitcoin’s dollar cost averaging (DCA) compared to traditional assets such as gold, Apple stocks, and the Dow Jones Industrial Average (DJI). The data reveals that a consistent $10 weekly investment in Bitcoin over the past five years would…
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$10 Weekly Bitcoin DCA Yields 202% Return, Outshines Traditional Assets Over 5 Years
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Modern analysis of Bitcoin Pro Magazine This report shows the strength of Bitcoin’s dollar cost averaging (DCA) compared to traditional assets such as gold, Apple stocks, and the Dow Jones Industrial Average (DJI). The data reveals that a consistent $10 weekly investment in Bitcoin over the past five years would…
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Glencore to keep coal assets and stick with London listing By Reuters
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By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…
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Glencore to keep coal assets and stick with London listing By Reuters
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By Felix Ngeni and Pratima Desai JOHANNESBURG/LONDON (Reuters) – Glencore will retain its coal business after securing support from a majority of its investors who see lucrative returns from the fossil fuel, its chief executive said on Wednesday, adding that the company could acquire more coal assets to make steel.…
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India’s WazirX Exchange Hacked, Over $230 Million In Crypto Assets Stolen
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In a shocking turn of events, Wazirx Exchange It found itself at the center of a devastating cryptocurrency hack that resulted in the unauthorized transfer of over $230 million in digital assets, raising urgent questions about the safety of WazirX user funds within these digital marketplaces. Understanding WazirX Exchange Hack…
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India’s WazirX Exchange Hacked, Over $230 Million In Crypto Assets Stolen
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In a shocking turn of events, Wazirx Exchange It found itself at the center of a devastating cryptocurrency hack that resulted in the unauthorized transfer of over $230 million in digital assets, raising urgent questions about the safety of WazirX user funds within these digital marketplaces. Understanding WazirX Exchange Hack…
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Ethiopia tops Kenya’s foreign assets on Safaricom entry
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Ethiopia has become the host of the largest stock of capital investment from Kenya in Safaricom’s expansion into that market, knocking Tanzania down to second place. Safaricom is investing billions of shillings heavily in its startup operations in Ethiopia. Tanzania and Uganda have traditionally been the top destinations for foreign…
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Diversified Energy to buy east Texas natural gas assets in $106M deal (NYSE:DEC)
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sasacvetkovic33/E+ via Getty Images Diversified Energy (OTCQX:DEC) announced Wednesday that it has agreed to acquire East Texas natural gas properties and related facilities from Crescent Pass Energy in an all-stock transaction valued at approximately $106 million. Diversified Energy (OTCQX:DEC) said the assets include 827 net PDP units. The wells, which…
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US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets
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The United States Marshals Service (USMS) has selected Coinbase Prime to securely store and trade its “Class 1” digital assets. Coinbase Prime, a leading institutional platform offered by Coinbase, was selected after a rigorous evaluation process conducted by USMS. Class 1 Digital Assets USMS evaluated multiple solutions before selecting Coinbase…
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US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets
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The United States Marshals Service (USMS) has selected Coinbase Prime to securely store and trade its “Class 1” digital assets. Coinbase Prime, a leading institutional platform offered by Coinbase, was selected after a rigorous evaluation process conducted by USMS. Class 1 Digital Assets USMS evaluated multiple solutions before selecting Coinbase…
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Carlyle to buy Energean’s Egyptian, Italian, Croatian assets
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Energy exploration and production company Energean plc (LSE: ENOG; TASE: ENOG), which owns the rights to operate the Israeli Karish and Tanin offshore gas fields, announced the signing of a binding agreement to sell its investment portfolio in Egypt, Italy and Croatia to private equity firm Carlyle International. Energy Partners.…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…
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New South Korean Crypto Law To Review 600 Listed Assets
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South Korea will implement its first user protection cryptocurrency law on July 19. As a result, the South Korean financial authority has notified nearly 30 registered exchanges to review more than 600 cryptocurrencies listed on them. Under the new law, companies that do not comply may face severe criminal penalties.…