The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of crypto money-transmitting services that are not registered as Money Services Businesses (MSBs) in accordance with United States federal law. These laws, outlined in 31 USC § 5330 and 31 CFR §§ 1010 and 1022, mandate adherence to anti-money...
Popular American rapper and member of the acclaimed hip-hop group Wu-Tang Clan, Dennis David, also known as Ghostface Killah, revealed plans on March 18 to release a collection of exclusive music as Bitcoin Ordinals. The exclusive music will be released with Ordinal Bots, Rare Scrilla, and NakaPepes. Ghostface Killah Announced Exclusive Music Release on Bitcoin...
By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives will fast-track a vote next week on legislation that would give China\'s ByteDance six months to divest from short video app TikTok or face a U.S. ban after a committee unanimously approved the measure Thursday. The Energy and Commerce Committee 50-0 vote represents the most...
Indian shares opened a tad lower on Wednesday, a day after the Budget raised tax on long-term capital gains and short-term capital gains on listed equity shares and equity-oriented funds. The benchmark S&P/BSE Sensex was down 103 points, or 0.1 percent, at 80,325 in early trade while the broader NSE Nifty index was down 30...
KORE Group Holdings, Inc. (KORE) announced Monday that Bruce Gordon has joined as Executive Vice President and Chief Operating Officer (COO), effective July 2, 2024. In his new roles, Gordon will focus on enhancing operational efficiencies, fostering innovation and driving sustainable growth. His leadership will help optimize KORE\'s internal processes, leverage human talent and maximize...
Capital One Financial (NYSE:COF) said on late-Monday that it will acquire credit card company Discover Financial Services (NYSE:DFS) in an all-stock, $35 billion deal, marking one of this year\'s largest deals and Capital One\'s largest deal in its history. Capital One will give Discovery shareholders 1.0192 shares for each share in Discover, representing a per-share...
After a weak start and a subsequent long spell in negative territory, the Switzerland market recovered and closed modestly higher on Thursday thanks to strong buying at select frontline counters. The benchmark SMI, which dropped to a low of 11,470.77 in early trades, ended the day\'s session at 11,575.37, gaining 28.90 points or 0.25%. Givaudan...
The future of friend.tech, a Base project once touted as the pioneer and leader of the nascent “SocialFi” crypto sector, is up in the air after the friend.tech team appeared to abandon the project, transferring control of the platform to a burn address. Admin and ownership parameters have been set to 0x000…000 to prevent any...
By Gilles Guillaume GENEVA (Reuters) - Renault (EPA:RENA) unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Show, a model directly inspired by its 1972 bestseller that the French automaker hopes will bring a major boost to its electric vehicle sales. The small sedan, promised in 2021 as part of Renault\'s...
State Street is reportedly evaluating the introduction of a stablecoin and deposit token to facilitate blockchain-based payments and settlements. According to a recent report by Bloomberg, a person familiar with the matter indicated that the Boston-based financial giant is exploring blockchain solutions to enhance its payment systems, such as stablecoin and deposit token. Potential Stablecoin...