Category: Service

  • eToro’s Crypto Service Faces Major Cutback Following SEC Settlement—Details

    eToro, a prominent online trading platform, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) and agreed to stop trading nearly all crypto assets for U.S. customers, according to the latest Launches From the Securities and Exchange Commission. The SEC has accused eToro of operating as an…

  • eToro’s Crypto Service Faces Major Cutback Following SEC Settlement—Details

    eToro, a prominent online trading platform, has reached a settlement with the U.S. Securities and Exchange Commission (SEC) and agreed to stop trading nearly all crypto assets for U.S. customers, according to the latest Launches From the Securities and Exchange Commission. The SEC has accused eToro of operating as an…

  • Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

    Standard Chartered Bank has officially launched its digital asset custody service in the UAE, according to a press release issued by the bank. advertisement From the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a Memorandum of…

  • Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

    Standard Chartered Bank has officially launched its digital asset custody service in the UAE, according to a press release issued by the bank. advertisement From the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a Memorandum of…

  • Flame Tree slumps to Sh91m loss on high debt service costs

    Listed Flame Tree Group posted a loss of Sh90.6 million in the first half of the year ended June 2024, as higher debt servicing costs erased a Sh6.7 million profit from last year. The company’s financing costs rose by 48.1 per cent to Sh181.3 million from Sh122.4 million previously, as…

  • Five cows, one year’s worth of free food, a two-bed apartment and exemption from military service: How athletes can win more than medals this Olympics

    While the IOC does not award cash prizes to winners at Paris 2024, many countries and territories offer incentives for their athletes to take home gold, silver or bronze medals. Many rewards are financial, but bonuses can be more selective – anything from exemption from mandatory military service to cars,…

  • Lawmakers shine spotlight on Sh400bn State service fees

    Government agencies, which collect about Sh400 billion annually in fees for government services, are facing increasing scrutiny over changes proposed by lawmakers aimed at improving accountability in spending public funds. A committee report submitted to the National Assembly has referred to a change in the law governing how ministerial allocations…

  • Secret Service Director Cheatle resigns according to sources.

    Secret Service Director Kimberly Shettle has resigned, according to sources. The move comes after intense questioning by members of the House Oversight Committee yesterday, who sharply criticized the director over the recent assassination attempt on former President Donald Trump. During her testimony yesterday, she acknowledged that there were serious and…

  • Abra Starts Treasury Service For Corporate Clients

    As the cryptocurrency landscape continues to mature, smart institutions are looking for secure and efficient solutions to manage their digital asset holdings. Abraa prominent player in the cryptocurrency management space, recently launched a pioneering treasury service specifically designed for corporations, family offices, and non-profit entities. It’s worth noting that Abra…

  • US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets

    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…

  • US Marshals Service Selects Coinbase Prime to Securely Manage “Class 1” Digital Assets

    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…

  • Five men were convicted for running Jetflicks, a low-cost streaming service that amassed more TV shows than Netflix, Hulu, and Amazon Prime combined

    If a streaming service sounds too good to be true, it probably is. In the case of Jetflicks, it was too good to be considered legal. A federal jury in Las Vegas has indicted five male defendants for their roles in a complex scheme to scrape popular TV shows and…

  • California rejects AT&T bid to stop offering landline service in some areas By Reuters

    Written by David Shepardson (Reuters) – California has rejected AT&T’s (NYSE:) attempt to stop offering landline telephone and other services as a “carrier of last resort,” a government agency said on Thursday. Marin County said AT&T’s order filed in March 2023 would have ended services to more than 580,000 eligible…

  • 24 Taiwan Crypto Firms Unite To Forge Self-Regulatory Virtual Asset Service Provider (VASP)

    Taiwan’s booming cryptocurrency industry has reached a pivotal turning point, as a consortium of 24 leading digital asset companies have joined forces to create the Taiwan Virtual Asset Service Providers (VASP) Association. This strategic move comes as the Taiwanese government seeks to introduce a comprehensive regulatory framework for the cryptocurrency…

  • 24 Taiwan Crypto Firms Unite To Forge Self-Regulatory Virtual Asset Service Provider (VASP)

    Taiwan’s booming cryptocurrency industry has reached a pivotal turning point, as a consortium of 24 leading digital asset companies have joined forces to create the Taiwan Virtual Asset Service Providers (VASP) Association. This strategic move comes as the Taiwanese government seeks to introduce a comprehensive regulatory framework for the cryptocurrency…

  • Amazon to buy some assets of Indian video streaming service MX Player (NASDAQ:AMZN)

    Amazon (Nasdaq: AMZN) has entered into an agreement to acquire certain assets of the Indian video streaming service MX Player. The e-commerce giant is acquiring some of MX Player’s assets, but not the entire company. The deal is not completed yet. “we We’re always looking for ways to offer new…

  • FTX Settles $24 Billion Tax Dispute with Internal Revenue Service

    FTX has reached a settlement with its largest creditor, the Internal Revenue Service (IRS). This agreement resolves a major $24 billion tax dispute that has been looming over the stock exchange’s restructuring process. Initially, the IRS claimed that FTX owed more than $44 billion in taxes, but that amount was…

  • Amazon adds Grubhub food delivery service to Prime membership program By Investing.com

    Amazon (NASDAQ:) is improving its Prime membership perks by offering free Grubhub subscriptions to its members, a move aimed at adding more value to its $139-a-year loyalty program. Previously, Prime members got a year-long subscription to Grubhub, which included free delivery on orders over $12. The new deal, announced Thursday,…

  • ENS Labs Proposes Layer-2 Expansion for Ethereum Name Service

    On May 28, ENS Labs proposed that the Ethereum Name Service expand to include Layer 2 scaling protocols in an effort called “ENSv2.” “We’re not just migrating the core parts of the ENS protocol,” the team said in a blog post, before adding that it’s taking knowledge from the past…

  • ENS Labs Proposes Layer-2 Expansion for Ethereum Name Service

    On May 28, ENS Labs proposed that the Ethereum Name Service expand to include Layer 2 scaling protocols in an effort called “ENSv2.” “We’re not just migrating the core parts of the ENS protocol,” the team said in a blog post, before adding that it’s taking knowledge from the past…