On Tuesday, a newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the matter. The unknown sources explained that the inquiry into Kraken started in 2019, and it’s accused of allowing users from sanctioned countries like Iran access to the
On July 26, Bitcoin (BTC) price dropped below $21,000, giving back the majority of the gains accrued in the previous week and returning to the $23,300 to $18,500 range that Glassnode analysts describe as “the Week 30 high and Week 30 low.” A handful of analysts and traders attribute the July 26 to July 27
“But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa Coffee now accepts Bitcoin over Lightning. Hotel Chocolat, Card Factory and the Gibraltar bakery also accept Bitcoin as a currency in the
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in after hours trading. Alphabet – Shares of Alphabet jumped nearly 3% even after the company reported quarterly earnings that fell short of
Credit Suisse is set to appoint Ulrich Körner as its new chief executive, taking over from Thomas Gottstein, whose departure will bring an end to one of the most tumultuous periods in the Swiss bank’s 166-year history. The appointment of Körner, who is head of the bank’s asset management division, is expected to be announced on
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in Latvia
Municipals were firmer Tuesday ahead of the conclusion of the July Federal Open Market Committee meeting where a three-quarter point rate hike is likely, while U.S. Treasuries were weaker and equities sold off. Triple-A curves saw yields fall up to five basis points, depending on the scale, while U.S. Treasuries rose up to three basis
In this article CS Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstein is about to step down from the embattled investment bank, the Wall Street Journal reported on Tuesday. The Zurich-based bank will soon announce
A new and relatively unknown DeFi token called BarnBridge (BOND) has rallied over 800% to reach $20 on July 26. The BOND price surge comes more than a month after bottoming out at around $2.19. In comparison, top coins, Bitcoin (BTC) and Ether (ETH) have only rebounded by 18% and 54% in the same period,
“There is no way to recreate the past,” says Robert Bell, whose eponymous landscape architecture firm is based in Washington, DC, Southampton, New York and Palm Beach, Florida. “But you can reinterpret historic gardens if you research what was there, while looking at the practicalities of today.” Just as houses have historic architectural styles, so
During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like Electricsheep, Moonbirds, and Moonbirds Oddities
The latest version of a much-negotiated spending bill that Senate Democrats hope to pass before the end of next week features a provision that’s key to the stability of the nonprofit health care sector, market participants said. After passing the House in December as a $1.75 trillion Build Back Better legislation that encompassed President Joe
French satellite operator Eutelsat and money-losing UK start-up OneWeb are going for the moonshot: a merger that stakes their future on being able to compete with Elon Musk and Jeff Bezos. The deal, which was announced on Tuesday, involves an incumbent trying to stave off obsolescence by teaming up with a scrappy tech disrupter —
There are different routes to political greatness. Some lead by charisma. Others surf public opinion. David Trimble, the Northern Irish leader who died this week, was neither. He was something rarer: an anti-populist. The Ulsterman, often described as “prickly”, led his people along a hard, unpopular road to a better future. For UK politicians wrestling
andresr | E+ | Getty Images Covid-19 relief and record-low interest rates boosted many Americans’ finances during the pandemic. That has been especially true for millennials, who have on average built significant wealth. Millennials, born between 1981 and 1996, have more than doubled their total net worth, reaching $9.38 trillion in the first quarter of
Chicago Mayor Lori Lightfoot laid out three options to make over Soldier Field as part of the last-ditch effort to keep the National Football League’s Chicago Bears from leaving the nearly 100-year-old stadium for a new venue in the suburbs. The price tag ranges from $900 million to $2.2 billion, but the pitch lacked any
Germany is rethinking its plan to exit nuclear power by the end of the year, as concern increases that Russia’s moves to cut gas supplies could trigger a winter electricity crunch in Europe’s largest economy. A U-turn on nuclear power would mark a big departure in German energy policy. It would be a particularly bitter
press release PRESS RELEASE. Metaverse Project Genso is thrilled to announce the details regarding the Closed Beta Test. Details are as follows ■ Closed Beta Test Period: Starts: July 28, 2022 12:00 -（UTC+8） Ends: TBA ■ How to participate in the Closed Beta Test: ・All players who have Closed Alpha / Beta Testing Tickets will
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