Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), announced today the launch of the second phase of its e-HKD pilot program. They also invite industry participants to propose potential use cases for the central bank digital currency (CBDC). This initiative aims to delve deeper into the potential of a central bank digital currency...
Steel Connect, Inc. (STCN) reported Friday net income available to common stockholders for the second quarter of $4.81 million or $0.18 per share, compared to a net loss of $1.06 million or $0.16 per share in the prior-year quarter. Net revenue for the quarter declined 15.2 percent to $43.05 million from $50.78 million in the...
A recent survey conducted by leading crypto venture capital firm Paradigm reveals that Donald Trump’s poll numbers for the 2024 US Presidential Election enjoy significant support from the crypto community. The survey, which included 1,000 registered voters, found that 48% of crypto owners plan to vote for the former president, while 39% intend to vote for...
Canadian stocks may open higher Friday morning, tracking firm metal prices, and positive lead from European markets. Uncertainty around Fed easing might limit market\'s upside. Premium Brands Holdings Corporation (PBH.TO) reported adjusted earnings of $37.9 million, or $0.85 per share, for fourth-quarter of 2023, compared to adjusted earnings of $52.9 million, or $1.19 per share,...
NFPrompt, a content generation platform incubated by Binance Labs, disclosed a crypto security breach resulting in the loss of user and platform funds on March 15. The hackers reportedly gained unauthorized access to several wallets, including those belonging to NFP’s administrators, and stole funds. NFPrompt Hit by Crypto Security Breach: Moves to Secure User Assets...
Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective on March 15 under Binance’s newly appointed Chief Executive Officer, Richard Teng, who assumed the role four months ago. Binance Labs Severs Ties, Maintains Branding...
In a recent transaction on March 13, 2024, Aprea Therapeutics, Inc. (NASDAQ:APRE) director Bernd R. Seizinger acquired company shares valued at approximately $50,009. The purchase was made at a price of $7.29 per share, totaling 6,860 shares of common stock. This transaction reflects a continued investment by Seizinger in the pharmaceutical company, which specializes in...
TOKYO (Reuters) - Nissan (OTC:NSANY) Motor is preparing to tap Korean battery supplier SK On for its electric vehicle production in the United States, as it reviews its current supply from a Chinese company, Yomiuri newspaper reported on Friday. Nissan last year said it was looking into a second source of batteries produced in the...
In a recent move that signals confidence in the company, John P. Hamill, the Senior Vice President, Chief Financial Officer, and Principal Financial (NASDAQ:PFG) and Accounting Officer of Aprea Therapeutics, Inc. (NASDAQ:APRE), has increased his stake in the company through the purchase of additional shares. On March 13, Hamill acquired 1,010 shares of Aprea Therapeutics\'...
By David Shepardson WASHINGTON (Reuters) - The Federal Communications Commission said Thursday it is investigating if the use of Russian and Chinese foreign satellite systems by U.S. mobile phones and other devices poses security threats. The FCC has concerns U.S. handheld devices are receiving and processing Global Navigation Satellite System (GNSS) signals from satellites controlled...