Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed. Since the beginning of 2023, Australia has been on a crypto ATM installation spree, climbing from fifth to third in January alone. Data from Coin ATM Radar confirms that
UK inflation remained in double digits in March with annual price rises of 10.1 per cent, raising the chances of further interest rate rises from the Bank of England. Consumer price inflation had been 10.4 per cent in February and was expected to drop to 9.8 per cent last month. Although petrol and diesel prices
Three parties filed arguments urging Puerto Rico Electric Power Authority bankruptcy Judge Laura Taylor Swain to not certify a bondholder appeal of her ruling that the bondholders do not have perfected liens on PREPA’s revenues. The Puerto Rico Oversight Board, the Fiscal Agency and Financial Advisory Authority, and fuel line lenders filed separate objections Monday
Muni leaders are concerned that a flurry of regulations enacted by the Securities and Exchange Commission, some spurred by attempts to reign in the cryptocurrency market, is spilling over into other markets. The issues were brought to a head by two letters addressed to SEC Chair Gary and a subsequent grilling during a hearing by
On any other part of the planet this midcentury modern house might seem out of place. But in Palmdale, California, a city north of Los Angeles known as the “Aerospace Capital of America,” it looks for all the world like a Hollywood filming location. Palmdale, surrounded by rugged desert terrain against a backdrop of mountains,
Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares. The developments along with bullishness in the broader market, boosted the price of SOL by 29.05% from April 11 to a monthly high of $26.03. While
Gnosis Builders, developer of blockchain network Gnosis Chain, has announced a $5 million project to increase the number and diversity of validators through incentive mechanisms. The new project is called “Gnosis VIP,” according to an April 18 announcement from the company. As part of the new project, Gnosis is launching a “Geographic Diversity Program” that
Gary Gensler, Chair of the U.S. Securities and Exchange Commission, takes his seat before the start of the Senate Banking, Housing, and Urban Affairs Committee hearing on Oversight of the U.S. Securities and Exchange Commission on Tuesday, Sept. 14, 2021. Bill Clark | CQ-Roll Call, Inc. | Getty Images The House Financial Services Committee will
While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers.
Chinese insurer Ping An said HSBC had “exaggerated” the “costs and risks” of spinning off its Asian operations, as the bank’s largest shareholder used a rare public statement to ramp up pressure on the lender to separate its business. Michael Huang, chair of Ping An Asset Management, said in a statement on Tuesday that although a
Massachusetts’ House of Representatives overwhelmingly passed a $659 million tax cut package, handing off to the Senate one of the largest tax cut proposals in state history. In a 150–3 vote, the Democratic-majority House approved a $659 million proposal introduced by Rep. Ronald Mariano last week, a package in line with, but notably smaller, than
In this article RXDX MTB STT SEDG FSLR ENPH SCHW RBLX MRNA Follow your favorite stocksCREATE FREE ACCOUNT People walk near the Google offices on July 04, 2022 in New York City. John Smith | View Press | Getty Images Check out the companies making headlines in midday trading. State Street, M&T Bank – Shares
A Puerto Rico municipal bond paid by a private company will default on June 1, two rating agencies expect. Moody’s Investors Service and Fitch Ratings have both predicted in reports issued in the past month that AES Puerto Rico L.P. will default on its cogeneration facility revenue 2000 Series A bonds payment due June 1.
Stacks of bricks outside a home under construction in the CastleRock Communities Sunfield residential development in Buda, Texas, U.S., on Wednesday, May 15, 2021. Sergio Flores | Bloomberg | Getty Images Builder sentiment in the market for newly-built homes rose in April for the fourth straight month, as the supply of existing homes for sale
Bitcoin (BTC) starts a new week under $30,000 as analysts’ predictions of a short-term support retest come true. The largest cryptocurrency saw a classic dive following its latest weekly close as the latest gains evaporated, but will they return? Ahead of a fairly innocuous week for macro data releases, catalysts are likely to come elsewhere
Global regulators are considering imposing tougher rules on smaller lenders and requiring all banks to ready themselves for faster runs on deposits as officials search for lessons from the recent turmoil that led to the failure of several midsized US institutions. The Basel Committee on Banking Supervision, which sets global standards, promised in March to
In this article DPZ CZR TXRH COST CRWD Follow your favorite stocksCREATE FREE ACCOUNT Domino’s will roll out 800 custom-branded 2023 Chevy Bolt electric vehicles at locations across the U.S. in the coming months. Domino’s Wall Street analysts are focusing on companies that are well-positioned to navigate the ongoing economic turmoil and emerge stronger. Here
Nigerian economic experts have said the country’s five-year-old currency swap agreement with China has not eased the pressure against the Nigerian currency. According to one expert, implementation of the swap arrangement is being held back by the size of the trade imbalance between Nigeria and China Easing Pressure on the Naira According to experts on
Digital art auction house Sotheby’s has altered its latest art sale significantly after receiving community feedback regarding a lack of diversity, meanwhile a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most elusive character in the game yet. Sotheby’s reboot Glitch Digital Art Sale after addressing diversity concerns
The head of the IMF’s Africa department has called for a significant increase in international support to help countries overcome a funding squeeze that is jeopardising the continent’s economic development. Abebe Selassie told the Financial Times that reform of the current mechanisms for dealing with unsustainable debts of African countries was “desperately needed”. “Do we