Fresh off a ratings upgrade, Erie County, New York, will be in the market during the upcoming week with a small but significant deal. FHN Financial Capital Markets is set to price the county’s $29.675 million of Series 2022 general obligation bonds on Tuesday, Aug. 16. The deal consists of $28.525 million of Series 2022A
UK prime minister Boris Johnson on Friday admitted that the government’s existing £37bn cost of living package may not be enough to support struggling households, as Liz Truss, the frontrunner to replace him, rejected calls for windfall taxes to limit the pain of rising energy bills. Johnson, who will leave office next month, said in
According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforcement officials in Amsterdam arrested an unnamed 29-year-old suspected of developing the ethereum mixing application Tornado Cash. FIOD accuses the suspect of “concealing criminal financial flows and facilitating money laundering through the mixing of cryptocurrencies.” Netherlands Law Enforcement Takes Suspected Tornado
Germany’s ex-chancellor Gerhard Schröder is suing the Bundestag to restore the parliamentary privileges it stripped him of in May after he refused to distance himself from Russian president Vladimir Putin over the Ukraine war. Schröder’s lawyer Michael Nagel told the DPA news agency on Friday that the lawsuit had been filed with a Berlin administrative
Bitcoin (BTC) headed lower on Aug. 12 as a broadly expected comedown from two-month highs began to take shape. 200-week moving average becomes pivot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $23,615 on Bitstamp prior to the day’s Wall Street open, marking 24-hour losses of around 5.2%. The pair had seen its
Cryptocurrency markets consolidated on Friday, as bulls marginally pulled back following strong gains in yesterday’s session. Bitcoin fell slightly below $24,000, as prices were once again unable to move past a key ceiling. Ethereum was also lower, however continued to trade close to $1,900. Bitcoin Bitcoin (BTC) prices fell marginally lower on Friday, as crypto
Spain has said an additional link in a gas pipeline from the Iberian peninsula to France could be ready within nine months after Germany backed the idea of linking the region to central Europe to improve the continent’s energy security. Spanish energy and environment minister Teresa Ribera said on Friday that a new section of
In this article UP POSH TOST ILMN RIVN HNST Check out the companies making headlines before the bell: Honest Company (HNST) – Honest Company’s stock rose 1.6% in the premarket in spite of a wider-than-expected quarterly loss. The natural consumer products maker now sees a wider full-year loss than previously thought, due to cost pressures,
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make “a strong case for regulation,” according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail investors in Australia keep one coin or another. Australian Securities Regulator Pushes for
Before our Lunch has even begun, Toto Wolff has bent the FT’s rules. It is hard enough to pin down the globetrotting leader of Mercedes’ Formula 1 team to a specific continent, let alone a city, so when his handlers suggest a late dinner in Wolff’s native Vienna rather than a rushed midday meeting, I
Authorities in the Netherlands have arrested a developer that is suspected to be involved in money laundering through the crypto mixing service Tornado Cash. The Fiscal Information and Investigation Service (FIOD), an agency in the Netherlands responsible for investigating financial crimes, officially announced on Friday an arrest of a 29-year-old man in Amsterdam. The man
press release PRESS RELEASE. Seychelles, August 2022 – Bitflex Ltd., a secure crypto trading exchange currently specializing in crypto derivatives, has announced the launch of a new trading competition with a prize pool of $15,000. From August 5 to September 9, new and existing users on the Bitflex platform can participate in the event for
Count me among those who believe the wheels of US justice should turn as surely for Donald Trump as for any ordinary criminal suspect. No man is higher than the law etc. Yet I cannot help worrying that the Republican party’s response to this week’s FBI raid on Mar-a-Lago has pushed America’s democratic predicament into
Anna Williamson has been hunting for a flat in London since January. In that time, average rates for new mortgages have jumped multiple times, each limiting the pool of what she can buy. Grace and Howard are anxiously waiting to see how much further the cost of borrowing will have risen by September, when they
The number of people working in the blockchain industry went up by 76% year-on-year as of June 2022, a study undertaken by the professional networking platform Linkedin and the crypto trading app OKX has found. The study also found there is “a large gap in demand for technical talent in the global blockchain talent pool.”
Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH). The firm officially announced on Wednesday that PicPay clients can now buy, sell and store two major cryptocurrencies, BTC or ETH, directly on its app. PicPay pointed out that its choice
The UK economy contracted in the second quarter, with households cutting spending as the cost of living crisis began to bite and health sector output falling as Covid cases and testing declined. Gross domestic product, the measure of the quantity of goods and services produced, fell 0.1 per cent in the second quarter of the
Mercado Libre, one of the biggest retailers in Latam, has announced that it plans to expand its cryptocurrency trading services to more countries in the region. The company, whose cryptocurrency services are now just available for customers in Brazil through Mercado Pago, its payments and digital wallet, already has more than 1 million customers using
European shares rose on Friday as investors balanced signs of steadying inflation in the US with questions over the global economic outlook. The Stoxx Europe 600 added 0.4 per cent, while Germany’s Dax rose 0.6 per cent. London’s FTSE 100 moved 0.5 per cent higher. Those moves came as fresh data showed that the UK
Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.” Speaking during a Q2 earnings call on Aug. 9, Chief Financial Officer (CFO) Alesia Haas noted that she didn’t expect their new exclusive institutional staking service, rolled out