Category: cash
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Reserve Bank of Australia meet Monday & Tuesday, likely cash rate hold @ 4.35%, 12 yr high
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The Reserve Bank of Australia meets today and tomorrow, Monday 17 June 2024 and Tuesday 18 June 2024. The bank’s decision is scheduled to be issued at 2.30pm Sydney time on Tuesday This is 0430 GMT and 0030 EST RBA Governor Bullock will hold her press conference an hour later,…
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Intel cash problems causing pause in new Israeli plant
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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…
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UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash
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Decentralized lending protocol UwU Lend has revealed a $5 million reward to “identify and locate the exploiter.” Developers of UwU Lend Promising To pay up to $5 million to “the first person to identify and locate the hacker,” who exploited the protocol for more than $23 million in cryptocurrency. The…
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UwU Lend announces $5m bounty as hacker starts laundering stolen funds via Tornado Cash
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Decentralized lending protocol UwU Lend has revealed a $5 million reward to “identify and locate the exploiter.” Developers of UwU Lend Promising To pay up to $5 million to “the first person to identify and locate the hacker,” who exploited the protocol for more than $23 million in cryptocurrency. The…
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From Electronic Cash To Digital Gold: Story Of Bitcoin
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The world of cryptocurrencies has witnessed a marked shift in the perception and use of Bitcoin, the leading digital asset that was once envisioned as a peer-to-peer electronic cash system. Recent on-chain data reveals a major shift in the way Bitcoin is being used, with its trading reaching a 13-year…
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From Electronic Cash To Digital Gold: Story Of Bitcoin
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The world of cryptocurrencies has witnessed a marked shift in the perception and use of Bitcoin, the leading digital asset that was once envisioned as a peer-to-peer electronic cash system. Recent on-chain data reveals a major shift in the way Bitcoin is being used, with its trading reaching a 13-year…
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Worldwide Cash Express Teams Up with TerraPay to Broaden Global Payment Services
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Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…
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Tornado Cash TVL, token price surge despite market downturn
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Tornado Cash (TORN) price and Total Value Locked (TVL) rose while the broader cryptocurrency market was consolidating in a bearish mood. TORN has risen by 11.8% in the last 24 hours and is trading at $3.36 at the time of writing. The market capitalization of the asset crossed the $17…
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Revised Skydance offer would let Paramount shareholders cash out at $15/shr, WSJ reports By Reuters
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(Reuters) – Skydance Media last week revised its offer to Paramount Global to buy up to a certain number of non-voting Paramount shares at $15 each, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The new proposal values Paramount B shares at a roughly 26%…
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Elbit Systems: Record orders, cash flow still negative
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Defense company Elbit Systems (TASE: ESLT; Nasdaq: ESLT) continues to break records with its order backlog, which totaled NIS 20.4 billion at the end of the first quarter, $2.6 billion (14.6%) more than at the end of 2023, This is $4.6 billion (29%) more than at the end of the…
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Ethereum’s Vitalik Buterin Donates 30 ETH to Support Tornado Cash Devs’ Legal Defense
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Ethereum co-founder Vitalik Buterin has donated 30 ETH, worth approximately $113,000, to support the legal defense of Tornado Cash developers Alexey Pertsev and Roman Storm through decentralized fundraising platform Juicebox. According to on-chain data, practical From an address associated with Buterin, called Vitalik.eth, sent at 1:58 AM EST on May…
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Airtime, financial transaction levies dethrone ‘sin taxes’ as new KRA excise duty cash cow
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For a long time, the excise tax basket of tax officials was nearly filled with groups of individuals who could barely resist a rush of nicotine or a sip of the suds. Because the excise taxes were mainly taken from cigarettes and alcohol, they were called “sin taxes.” But the…
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Bankrupt crypto lender Genesis gets OK to return billions in tokens and cash to creditors, meaning parent firm DCG ‘is out of the money’
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Bankrupt cryptocurrency bank Genesis Global Capital has won court approval for its plan to distribute billions of dollars in digital assets and cash to creditors, overcoming a legal ruling. challenge It was introduced by the company’s parent cryptocurrency group. Judge Sean Lin said late Friday that he will confirm Genesis’…
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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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Cash? Never Heard of Her: The Rise of the Instant Economy
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The satisfying heft of a cash bill fades into the background noise of our increasingly digital lives. A recent study conducted by the Federal Reserve It paints a clear picture: The era of instant gratification has reached our wallets. Businesses and consumers alike are abandoning traditional payment methods in favor…
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Tornado Cash developer appeals verdict, KOLs slam Dutch system
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Tornado Cash developer Alexei Burtsev has reportedly appealed the conviction in the Netherlands, a case that has sparked a broader discourse about cryptocurrency privacy. Burtsev and his legal team, led by attorney Keith Cheng, have reportedly filed an appeal against the 64-month prison sentence for allegedly facilitating more than $2.2…
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Tornado Cash Developer Fails to Mix Himself Out of 64-Month Prison Sentence
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The Oost-Brabant District Court in the Netherlands has sentenced Alexei Burtsev, co-developer of popular cryptocurrency mixing tool Tornado Cash, to 64 months in prison for his role in creating and maintaining the platform. The court alleges that Tornado Cash enables “criminal activity and terrorism” by concealing the origin, destination and…
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Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. With a potential partnership with Cardano on the horizon, Bitcoin Cash may bolster its network, while the emerging Rollblock token aims to enrich online gambling. The founder of the…
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Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. With a potential partnership with Cardano on the horizon, Bitcoin Cash may bolster its network, while the emerging Rollblock token aims to enrich online gambling. The founder of the…