Money remittance, otherwise known as an electronic funds transfer, is the process of sending funds from one bank account to another. Originally, the term was used to describe a sum of money somebody w...
Category: Finance
Live Finance News Updates.
How to Invest $5 Million for Income
If you have $5 million to your name, you’re already doing things really well. Getting that money to last over time is an entirely different goal, though. That requires a specific type of investm...
Terra Luna Price Hits New All-time High of $104, Why Is the Price Rising? » NullTX
Terra Luna has been performing exceptionally well today, rising from a low of $84 and peaking at $104. Is this the beginning of a bull market for Terra? Let’s look at what Terra Luna is precisely and ...
Dubai creates agency for virtual asset regulation
Dubai unveiled a new agency tasked with virtual asset regulation on Wednesday as its leadership looks to solidify the city’s position in the emerging global digital economy. The Dubai Virtual Asset Re...
NFT frenzy begins to decline as OpenSea volume drops 27%
TL;DR Breakdown: Search interest in NFTs is beginning to decrease. OpenSea recorded over 27% drop in monthly trading volume The declining volume and interest leave Ethereum blockchain at ease. The st...
NFT push with World of Women for The Sandbox partnership
NFT push has risen with the partnership of The Sandbox for the World of Women Female participation in Web3 and the metaverse has increased substantially A virtual academy for artists and newcomers ha...
NYC Health Commissioner Chokshi says Covid pandemic has left U.S. with new epidemic of loneliness
Dr. Dave Chokshi is the Commissioner of New York City’s Department of Health & Mental Hygiene. As another Covid-19 wave recedes across the country, the full toll of the pandemic on our emoti...
Putin Is Not A ‘Genius,’ House GOP Leader McCarthy Says, In Rebuke To Trump
Topline House Minority Leader Kevin McCarthy (R-Calif.) said Wednesday he doesn’t believe Russian President Vladimir Putin is “savvy or genius,” distancing himself from former President Donald Trump’s...
FedEx stock: Steve Weiss explains why he just bought FDX
FedEx Corporation (NYSE: FDX) stock is down more than 20% year-to-date, which Short Hills Capital Partners’ Steve Weiss says is an opportunity to buy a quality name at a deep discount. Weiss mak...
HKEX Will Place Daniel Sonder as Its Co-Head of Emerging Business Development
HKEX announced that it will place Daniel Sonder as its Co-Head of Emerging Business Development, effective from May 2022. According to a press release shared with Finance Magnates, Daniel Sonder, an e...
Public acquires fractional investing firm Otis for NFTs and other collectibles
advertisement New York-based investing firm Public announced Wednesday that it announced Otis, a fractional investing company that focuses on non-fungible tokens (NFTs), art and other collectible item...
Cake DeFi Launches New Corporate Venture Arm With $100 Million To Invest in Global Web 3.0, Gaming and Fintech Startups
March 9, 2022 – Singapore, Singapore Cake DeFi, a Singapore-based fintech platform that makes decentralized finance (DeFi) services and applications accessible to everyone, has launched its corporate ...
Volkswagen unveils new electric ID. Buzz microbus
Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automa...
Amazon, Netflix, Bumble and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble — Shares of the online dating company surged more than 43% in midday tradi...
Can Nicolas Cage Score His First Hit In A Generation?
After a few days of “in theaters only” existence, Lionsgate dropped the second and more plot-heavy trailer for The Unbearable Weight of Massive Talent. The original high-concept comedy, about a down-o...
Why Google Cloud Is Sneaky-Smart To Double Down On Security
cybersecurity systems. (Photo by NICOLAS ASFOURI / AFP) (Photo by NICOLAS ASFOURI/AFP via Getty … [+] Images) AFP via Getty Images As Russian tanks sweep across Ukraine, world political and busi...
ITCS Capital Taps X Open Hub for Trading Technologies
ITCS Capital, which operates the forex and CFDs broker brand ITCS Trade, has partnered with X Open Hub for receiving multi-asset Multi-Asset Composed of varying asset classes, multi-asset is a blank...
Biden signs cryptocurrency executive order, hoping to advance a digital dollar and other innovations
WASHINGTON — President Joe Biden signed an executive order on Wednesday mobilizing the federal government to create a strategy for digital assets like cryptocurrencies that promotes innovation in the ...
Ripple price analysis: XRP moves to a resistance area around $0.76, reversal incoming?
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD spiked higher overnight. Resistance around $0.76 is currently tested. Ripple price analysis is bearish today as we expect a reversal to ...
McDonald’s Russian shutdown will cost fast-food chain $50 million a month
A McDonald’s restaurant in St. Petersburg, Russia. Peter Kovalev | TASS | Getty Images McDonald’s expects its Russian shutdown will cost the fast-food giant roughly $50 million a month unt...
Good For The Environment, Consumers, And Auto Companies, Bad For Oil Companies
Michael Regan, administrator of the Environmental Protection Agency (EPA), speaks during an event at … [+] the EPA headquarters in Washington, D.C., U.S., on Monday, Dec. 20, 2021. Regan announc...
Cybersecurity Disclosures Would Be Strengthened Under New SEC Proposals
SEC Proposes Enhanced Cybersecurity Disclosures For Companies Getty Images Disclosures of public company cybersecurity measures and hacks would be strengthened if new rules proposed by the Securities ...
Yield App CEO: DeFi is dead; long live DeFi
Yield App CEO Tim Frost says the slump witnessed in the decentralised finance (DeFi) token market points to the ‘death’ of DeFi. But this is actually a good thing to have happened, he notes, highlight...
State Street to Launch a Digital Custody Offering with Copper.co
State Street Corporation, a leading provider of financial services, announced on Wednesday that its dedicated Digital division, State Street Digital, has entered into a licensing agreement with London...
Oil Drops as UAE Calls For OPEC+ to Increase Oil Ouput Faster
(Bloomberg) — Crude futures dipped lower as the United Arab Emirates called on its fellow OPEC+ members to boost oil output faster. Most Read from Bloomberg Brent extended earlier losses to fall...
FTX floats institutional business, recruits former Coinbase executive
advertisement FTX, the crypto exchange founded by Sam Bankman-Fried, has launched a new business geared towards institutional clients to meet Wall Street’s growing interest in digital assets. Th...
Mintverse & NFTSCAN Launch Verification Campaign
Comprehensive NFT aggregator and marketplace, Mintverse teams up with NFTSCAN to introduce a verification campaign for all users. All projects signing the verification contract on NFTSCAN will have th...
American consumer still healthy, but lower-income shoppers at risk
Pedestrians carry Macy’s shopping bags in San Francisco, California, on Thursday, Sept. 16, 2021. David Paul Morris | Bloomberg | Getty Images Macy’s says the American consumer is still he...
Man Who Received Pig Heart In Medical First Dies 2 Months After Transplant
Topline A man who made medical history in January by receiving a heart from a genetically altered pig has died, according to the University of Maryland School of Medicine, though the cause of death wa...
Tencent, Meituan, JD.com, And Kuaishou Lead Hong Kong Internet Rebound
China Last Night KraneShares Key News Asian equities had a mixed day as India, Singapore, Malaysia, and Thailand posted positive returns. Japan, China, and Hong Kong declined and South Korea was close...
Deutsche Post CEO: ‘Impact of Ukraine war on transportation costs is unknown’
Deutsche Post AG (ETR: DPW) stock is up over 10% on Wednesday after the world’s second-largest courier company reported an annualised growth in its Q4 net profit and announced a new share repurc...