Category: charge

  • Ethereum Leads The Charge as Weekly Crypto Inflows Hit $176M—CoinShares

    The latest data from crypto asset management firm CoinShares shows a notable comeback in the cryptocurrency market. In its latest weekly report on digital asset fund flows, the asset management firm said open Last week saw a significant surge in investor confidence, with digital asset investment products seeing inflows of…

  • Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business

    Paramount Global (PARA) on Thursday reported a profit in its streaming division for the first time while its linear TV business posted a sharper-than-expected slowdown as the company took a nearly $6 billion loss in the value of its cable business. In a conference call, the company also announced plans…

  • Paramount reports first quarter of streaming profits, plans 15% layoff and takes $6 billion charge on cable business

    Paramount Global (PARA) on Thursday reported a profit in its streaming division for the first time while its linear TV business posted a sharper-than-expected slowdown as the company took a nearly $6 billion loss in the value of its cable business. In a conference call, the company also announced plans…

  • Warner Bros. Discovery tanks after massive impairment charge, Wall Street says ‘unlikely’ things can get worse

    Warner Bros. Discovery (WBD) shares fell about 12% in early trading Thursday after the company reported disappointing second-quarter earnings on Wednesday that missed expectations on both the top and bottom lines. The company took a massive $9.1 billion impairment charge related to its television networks unit following the loss of…

  • New York authorities charge Michael Lauchlan

    Manhattan District Attorney Alvin Bragg announced criminal charges against Michael Lauchlan for his involvement in a fraudulent crypto asset recovery operation. Lauchlan, who operates under the alias Max Handler, allegedly defrauded customers through Coin Dispute Network (CDN) by falsely claiming to recover lost crypto assets. Lauchlan pretended to be the…

  • Which Digital Asset Led the Charge?

    The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…

  • Which Digital Asset Led the Charge?

    The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…

  • Ethereum, Polygon lead charge despite decline in buyers

    The non-fungible token, or NFT, market saw a 7.68% increase in sales volume this week, reaching $109 million, with notable activity on the Ethereum (ETH) and Polygon (MATIC) blockchains. However, this rise came against the backdrop of a massive decline in the number of NFT buyers and sellers, which fell…

  • Ethereum, Polygon lead charge despite decline in buyers

    The non-fungible token, or NFT, market saw a 7.68% increase in sales volume this week, reaching $109 million, with notable activity on the Ethereum (ETH) and Polygon (MATIC) blockchains. However, this rise came against the backdrop of a massive decline in the number of NFT buyers and sellers, which fell…

  • Cyprus Leads Global Charge Against Crypto-Enabled Terrorist Financing

    In a bold move to combat the growing threat of terrorist groups exploiting cryptocurrencies for illicit financing, Cyprus has emerged as a global leader in combating terrorist financing using cryptocurrencies. Recognizing the unique challenges posed by the decentralized and anonymous nature of digital assets, the Cypriot government, in collaboration with…

  • Invesco Charge 0.25% While VanEck Charge 0.20%

    In a recent filing with the U.S. Securities and Exchange Commission (SEC), Invesco Invesco has revealed the management fees for its Ether exchange-traded fund. The fund, which is being developed in partnership with Galaxy Digital, will charge investors an annual fee of 0.25%. This fee structure puts Invesco’s offering slightly…

  • Court declines to stop new South Sudan cargo charge

    The High Court has refused to issue interim orders suspending the implementation of the directive to impose a fee of $350 (Sh44,878.51 at current exchange rates) on each container of all goods destined for South Sudan. A preservation order maintains the status quo to preserve a matter until the motion…

  • Tender for Tel Aviv congestion charge operator on horizon

    The congestion charge law was passed as part of the economic reform arrangements law accompanying the 2021 budget, and is scheduled to go into effect in 2025, although the transportation minister and finance minister have the authority to delay it until 2026. Globes has now learned that the finance ministry…

  • A WFH ‘culture war’ has broken out across Europe, with the U.K. leading the charge as the most WFH-friendly country, while France lags behind

    Sometime between March 2020 and the end of 2021, “office workers” ceased to exist. Offices Working from home wasn’t possible, of course, nor was it the kind of work people typically did in offices before the pandemic. But the inherent connection between the two was irrevocably severed, with working from…

  • Payment apps Bit and Paybox to charge fees from January

    Israeli banking supervisor Daniel Hahiashvili announced last week that he plans to allow payment apps Bit and Paybox to collect fees starting in January 2025. The fee, which can be as high as 1%, will only be charged to customers whose total transactions exceed NIS 25,000 per year. This may…

  • Exclusive-US prosecutors recommend DOJ criminally charge Boeing as deadline looms By Reuters

    Written by Chris Prentice, Mike Spector, and Allison Lambert WASHINGTON (Reuters) – U.S. prosecutors have recommended top Justice Department officials file criminal charges against Boeing Co (NYSE:) after it emerged that the planemaker violated a settlement related to two fatal accidents, two people familiar with the matter told Reuters. The…

  • Huawei nears deal to not charge Tencent’s WeChat fees on HarmonyOS operating system

    Editorial by Adam Yee/iStock via Getty Images Huawei Technologies is nearing an agreement to allow Tencent’s ( OTCPK:TCEHY ) ( OTCPK:TCTZF ) WeChat super app to run fully on its HarmonyOS mobile operating system without sharing any revenue, Bloomberg News reported. The move is likely aimed at defending its new…

  • Ripple CTO Leads Charge Against Emerging Crypto Scams

    In the dynamic and rapidly evolving cryptocurrency landscape, vigilance against scams and fraudulent activities is becoming increasingly crucial. rippleDavid Schwartz, CTO of XRP, has emerged as a strong advocate for protecting the XRP community against the latest wave of malicious actors targeting unsuspecting investors. Detecting the Deceptive X Network scam…

  • Ripple CTO Leads Charge Against Emerging Crypto Scams

    In the dynamic and rapidly evolving cryptocurrency landscape, vigilance against scams and fraudulent activities is becoming increasingly crucial. rippleDavid Schwartz, CTO of XRP, has emerged as a strong advocate for protecting the XRP community against the latest wave of malicious actors targeting unsuspecting investors. Detecting the Deceptive X Network scam…