Along with his former colleague, Charles Hoskinson started the Cardano project in 2015. It uses proof of stake consensus known as Ouroboros. On the other hand, Ethereum relies on proof of work consens...
Category: Finance
Live Finance News Updates.
UK investigation into Downing Street Covid lockdown parties finds ‘failures of leadership’
Prime Minister Boris Johnson leaves 10 Downing Street to make a statement at Parliament on January 31, 2022 in London, England. Dan Kitwood | Getty Images News | Getty Images LONDON — The interim find...
U.K. Government Lockdown Parties ‘Difficult To Justify,’ Probe Finds—But Boris Johnson Not Implicated
Topline The behavior at Downing Street parties during strict Covid-19 lockdown is “difficult to justify,” according to a limited version of an anticipated probe into alleged rule breaking at Number 10...
Transact365 Explains How to Access 1B Emerging Market Consumers
When considering the top examples of disruptive technology set to transform businesses in 2022, the metaverse and blockchain no doubt rank high in the minds of most people. While these technologies wi...
Citrix Is Being Bought by Elliott, Vista for $13 Billion
(Bloomberg) — Elliott Investment Management, and Vista Equity Partners agreed to acquire software-maker Citrix Systems Inc. for $13 billion, marking the first big leveraged buyout of the year. M...
Phantom raises $109 million in new funding, launches iOS app
Phantom, a crypto wallet for accessing the Solana ecosystem, has raised $109 million in a Series B funding round and is now valued at $1.2 billion. Paradigm led Phantom’s funding. Existing inves...
Ripple Q4 results empathic despite topsy market
Ripple has posted good numbers for the Q4 of 2021 despite torrid market Moneygram’s relationship ended with the latest achievements ODL is poised to double the numbers and is still growing for inves...
The MLBPA Has An Experienced CBA Negotiator In Bruce Meyer
Chief negotiator for the Major League Baseball players association Bruce Meyer, left, speaks as … [+] union head Tony Clark looks on during a media availability in Irving, Texas, Thursday, Dec. ...
Zuckerberg’s Diem project could breathe new life under Silvergate
Diem is a cryptocurrency that formerly went by the name of Libra. It was essentially this permissioned blockchain-based stablecoin payment system, originally proposed by Meta Platforms, which was at t...
How Artificial Intelligence Boosts the Adoption of Gaming Systems
Gaming systems in the past few years have received an enormous boost. Their rise, accompanied by artificial intelligence, has created new ways and means for players to have a better gaming experience....
Dow Jones Futures Fall, But Tesla Stock Rallies On Upgrade
Dow Jones futures were squarely lower Monday morning, and tech futures ceded early gains, following Friday’s strong stock market rally. Among the early market leaders, Tesla stock climbed after ...
Ripple price analysis: XRP dips below $0.60 again, breaks the previous low
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD set lower high at $0.62. Support at $0.60 broken. Ripple price analysis is bearish today as we have seen both a lower high and lower low...
Kiev Could Mobilize 130,000 Volunteers To Fight The Russians
The Ukrainian Volunteer Corps in 2014. Photo via Wikimedia Commons Eight years ago, everyday Ukrainians—thousands of them—formed volunteer battalions, grabbed whatever weapons they could find and race...
The best Dogecoin alternatives you can buy on January 31, 2022
Shiba Inu SHIB/USD, Baby Doge Coin BABYDOGE/USD, and Dogelon Mars ELON/USD are all cryptocurrency tokens that were initially developed as memes or as a joke; however, over time became widely popular. ...
Credit Suisse to Defend $45M Penalty Order in Swiss Court
Swiss federal prosecutors are seeking around 42.4 million Swiss francs ($45 million) in penalties from Credit Suisse for its involvement in serious anti-money laundering breaches. The trial against th...
Venture froth catapults FTX to $32 billion valuation
The frothy venture capital market continues to buoy the empire of billionaire trader and entrepreneur Sam Bankman-Fried. FTX Trading Ltd. — the firm behind the US brand that is now ubiquitous across ...
Users in Nigeria Demand Binance to “Stop Scamming”
Nigerian customers are reprimanding the leading crypto exchange of the globe by trading volume due to the unreasonable cancellation of their accounts among various dubious practices done on the platfo...
How Artificial Intelligence Can Kill Creativity And Make Us Dumber
Robot with violin is followed by cloned businessmen. getty For decades, scientists and tech visionaries have envisioned a day when computers become so powerful that they become smarter than the human ...
“Challenging Year” Ahead For Wall Street Investors — CFRA
NEW YORK, NEW YORK – DECEMBER 19: Traders work on the floor of the New York Stock Exchange (NYSE) as … [+] the Federal Reserve Board Chairman Jerome Powell holds a news conference on Decem...
Credit Suisse Onboards Robery Huray as SE Asia Investment Banking Vice-Chairman
Credit Suisse announced that it has onboarded Robery Huray as its South East Asia Investment Banking Vice-Chairman, effective January 2022. Finance Magnates recently learned from a press release that ...
BlackBerry to sell legacy patents to Catapult IP Innovations for $600 million
BlackBerry Ltd. BB, +4.37% said Monday it has entered an agreement to sell legacy patents relating mostly to mobile devices, messaging and wireless networking to Catapult IP Innovations Inc. for $600 ...
ApeDAO’s members are voting to sell 81 Bored Ape NFTs and many more
A DAO looks set to die, according to a vote that’s in progress. The DAO in question is ApeDAO, which was founded by the pseudonymous NFT collector KyloRen and is the third-largest holder of Bore...
SOL set to break past the $100 resistance over the weekend
TL;DR Breakdown SOL/USD is currently trading at $93. Solana price analysis is bullish today. Resistance is found at $100. The day started with Solana spiking down by 6% at one point, although it manag...
Palladium price prediction as geopolitics triggers a shift in fortunes
Palladium price has been rallying for about two weeks now amid the ongoing geopolitical tensions in Eastern Europe. Geopolitics Russia is the leading producer of palladium in the world; accounting f...
AlphaTrAI Quant Says Risk-Parity Old Guards Are About to Suffer
(Bloomberg) — In the era of rising rates, there’s no shortage of people on Wall Street sounding the alarm on the systematic trade known as risk parity. Most Read from Bloomberg But not everyone ...
BNB/USD set to break below the $360 resistance level
TL;DR Breakdown Binance Coin price analysis is bearish today. BNB/USD is currently trading at $371 Closest support at $360. Binance coin price analysis is in the hands of bears. A drop below the suppo...
Cardano seems on the path of reversal post touching bottom
Cardano has seen a mixed 2021 as poised for expansion this year Fibonacci retracement lines drawn for crucial support and resistance lines Sellers have remained quite strong and winning the battle i...
Celer Partners with Dforce to Enable Cross-Chain Bridging for DF and USX Through cBridge
Celer has announced another new collaboration with dForce. As cBridge’s total transaction volume reaches a new high of over $2.7 billion, Celer is adding support for more chains and protocols. Celer h...
Korean Industrial Giant Hyosung Plans $835 Million For Green Hydrogen Projects
getty Amid a global push to curb carbon emissions, South Korean industrial conglomerate Hyosung Group plans to invest 1 trillion won (about $835 million) in green hydrogen facilities in South Jeolla P...