Day: October 24, 2022
Tesla Inc. TSLA, +3.45% has cut the prices of some of its vehicles in China, according to reports Monday. Reuters reported that Tesla reduced starting prices for the Model 3 and Model Y by as much as 9% in the country. Bloomberg News highlighted that the price of the basic Model 3 fell to 265,000 […]
BTC stopped again, HT continues rally. The BTC was growing quite noticeably for 2 sessions in a row but on Monday it is going back moderately again. It is mostly fluctuating near 19,272 USD. Last Friday, the BTC dropped to 18,650 USD at times after the US stock market crashed. However, later the stock indices […]
On Monday, the EURUSD major looks quite stable. The current quote is 0.9840 In the US Fed, they are discussing an increase in the interest rate by 75 base points again, as reported in a WSJ publication. Some members of the monetary committee do not exclude the chance for a slow-down in the tightening of […]
Japan Credit Bureau will develop its CBDC infrastructure in collaboration with IDEMIA and Softspace. 1008 Total views 37 Total shares Japan Credit Bureau (JCB), a Japanese analog to international payments systems like Visa or Mastercard, announced the start of its central bank digital currency (CBDC) infrastructure testing. The project will assumably prepare the payments platform for […]
Cryptocurrency platform Freeway has halted transactions and services related to their “Supercharger” high-yield product until further notice. 1312 Total views 24 Total shares Crypto platform Freeway has halted some of its services, citing “unprecedented volatility” in the foreign exchange and cryptocurrency markets in “recent times.” In an Oct. 23 post, the platform announced they are […]
What to Look For When Choosing a Forex Broker The number of online Forex brokers has considerably increased over the last decade and all claim to offer quality service to their valued clients. However, the truth is that not all brokers are working the same. Some they are interested to make profits at the expense […]
Royal Philips NL, +3.00% PHIA, -1.01% on Monday said it will “immediately” cut 4,000 jobs after reporting a bigger-than-expected loss on Monday. Roy Jakobs, chief executive officer, announced the layoffs in a shareholder note, saying the company faces “multiple challenges and our earnings reflect this.” He said Philips plans to strengthen patient safety and quality […]
Nik Bougalis primarily worked on open-source code projects for the payments-focused XRP Ledger, with the recent push to introduce NFTs being a key implementation of note. 390 Total views 2 Total shares Ripple Labs’ director of engineering Nik Bougalis is exiting the firm after nearly 10 years, becoming the latest of crypto’s long-time serving executives […]
In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a “shitcoin” called Mango Inu, again claiming he “did nothing wrong.” Eisenberg recently ousted himself as one of the persons behind the recent $117 million exploit of the Solana-based decentralized finance […]
