Category: cash
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Unizen Hacker Moves $2.1 Million To Tornado Cash
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The cryptocurrency world has become a battleground for digital financial crimes, with hackers and thieves constantly seeking new ways to exploit vulnerabilities and drain funds. One of the latest incidents in this ongoing saga is the Unizen hacker, who recently transferred a staggering $2.1 million in stolen assets to the…
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Banks tap Sh4trn in CBK support on cash crunch
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Commercial banks have increased their reliance on the Central Bank of Kenya for liquidity support this year as the sector pays the price of low government payments and high interest rates that have made it costly to mobilize deposits from customers. Lenders have withdrawn a cumulative Sh4 trillion from the…
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Banks tap Sh4trn in CBK support on cash crunch
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Commercial banks have increased their reliance on the Central Bank of Kenya for liquidity support this year as the sector pays the price of low government payments and high interest rates that have made it costly to mobilize deposits from customers. Lenders have withdrawn a cumulative Sh4 trillion from the…
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RBA leaves cash rate unchanged at 4.35%, as expected
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Previous 4.35% Inflation remains above target and proves persistent The outlook remains highly uncertain. The process of returning inflation to target has been slow and turbulent. High unit labor costs and persistent inflation point to higher price risks. Wage growth appears to have peaked but is still above the level…
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Boeing’s new CEO will confront key issues with plane output, cash flow: Morgan Stanley
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DM Foss BoeingNew York Stock Exchange: BAThe incoming CEO, Kelly Ortberg, will start his duties on August 8 amid a variety of challenges that the aerospace and defense giant is working to overcome. While Ortberg’s appointment as CEO removes some uncertainty for investors, important questions remain About BoeingBachelor’s) in the…
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Mistras Group posts strong Q2 growth, eyes cash flow improvement By Investing.com
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Mistras Group (NYSE: NYSE:) reported a significant increase in financial performance for the second quarter of 2024, with notable revenue growth and a substantial rise in adjusted EBITDA. The company’s Aerospace and Defense segment experienced robust double-digit growth, contributing to the overall positive results. Despite these gains, Mistras Group acknowledged…
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Can Bitcoin Cash Soar 680% This Week? This Analyst Believes So
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Bitcoin Cash (BCH) has been making headlines and attracting the attention of experts and investors alike with its recent performance. Indicating the strong performance of the market, Bitcoin Cash has jumped by around 14% in the past week. Related reading Bitcoin has grown by 12% over the past 30 days,…
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Terrorists Prefer Cash Over Crypto for Funding
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Even with the widespread use of cryptocurrencies, traditional financing methods still prevail among terrorist organizations. Recent internal security investigations in Singapore have provided new insights into the financing methods used by these groups. Terrorist Threat Assessment in Singapore Singapore’s Ministry of Home Affairs has released its 2024 Terrorism Threat Assessment.…
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Bitcoin Is Cash For The Internet
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Bitcoin is more than just an online payment system. After all, we have a lot of them: PayPal, Venmo, and the like. Bitcoin and other cryptocurrencies that are particularly used are: monetary For the Internet. Fiat money is a nearly perfect way to pay someone. You don’t need an account.…
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Bitcoin Is Cash For The Internet
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Bitcoin is more than just an online payment system. After all, we have a lot of them: PayPal, Venmo, and the like. Bitcoin and other cryptocurrencies that are particularly used are: monetary For the Internet. Fiat money is a nearly perfect way to pay someone. You don’t need an account.…
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BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs
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هذا القسم هو محتوى الشراكة المقدم تم توفير المحتوى الموجود في هذا القسم من قبل GlobeNewswire لأغراض توزيع البيانات الصحفية نيابة عن عملائها. لم تقم Postmedia بمراجعة المحتوى. بواسطة جلوب نيوزواير روابط مسار الفتات الخبز جلوب نيوزواير مؤلف المقال : نُشرت في 19 يوليو 2024 • آخر تحديث منذ 8…
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No Bail For Tornado Cash Dev Alexey Pertsev, Dutch Court Rules
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The ongoing legal dispute over the Tornado Cash cryptocurrency mixer has put the blockchain sector on alert as developers consider the troubling consequences of assigning programmers responsibility for the use of their software by others. Pertsev’s Dilemma At the center of the storm is Alexei Pertsev, a 31-year-old Russian developer…
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Vodafone books Sh5bn loss from M-Pesa cash firm sale
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British multinational Vodafone said it recorded a loss of €37 million (Sh5.1 billion) from the sale of the company that holds M-Pesa funds to Safaricom for a symbolic price of $1 (Sh128). The loss represents the transfer of a valuable subsidiary – M-Pesa Holding Company Limited – for almost nothing…
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Nvidia stock buybacks could come from $270 billion ‘cash gusher’
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AI chip leader Nvidia will face an embarrassment of riches in the coming years, and shareholders will be rewarded, a technology analyst has predicted. Ben Raitzes, Managing Director and Head of Technology Research at Melius Research, He told CNBC on Wednesday Jensen Huang’s Nvidia has mastered the “full stack” approach…
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Kenya settles Sh72bn Eurobond debt balance with World Bank cash
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Kenya settled the balance of $560 million (Sh72 billion) of 2014 Eurobonds using part of the proceeds from a $1.2 billion World Bank loan, the Central Bank of Kenya said. The debt, which was due on June 14, was settled on Friday, along with the latest semi-annual interest payment of…
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Kenya settles Sh72bn Eurobond debt balance with World Bank cash
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Kenya settled the balance of $560 million (Sh72 billion) of 2014 Eurobonds using part of the proceeds from a $1.2 billion World Bank loan, the Central Bank of Kenya said. The debt, which was due on June 14, was settled on Friday, along with the latest semi-annual interest payment of…
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NGL Energy Partners LP Announces Quarterly Cash Distribution for the Class B, Class C, and Class D Preferred Units By Investing.com
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TULSA, Okla.–( BUSINESS WIRE )–NGL Energy Partners LP (NYSE:NGL) today announced that the Board of Directors of its general partner has declared a dividend for the fiscal quarter ending June 30, 2024 to its stockholders. The Partnership’s 12.511% cumulative Class B redeemable perpetual preferred units (Class B Preferred Units) and…
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Rich parastatals face cash squeeze in Treasury raid
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Cash-rich parastatals are bracing for tough times after the state moved to raid their coffers in a move that will also see them hand over their surplus cash to the Treasury rather than investing in government paper. President William Ruto’s administration is eyeing at least Sh708.43 billion held by parastatals…