MSIUS 2024 promotes modern waqf practices and Islamic collaboration in investments

JAKARTA – Aiming to drive collaborative adoption of Islamic financial principles in digital innovations and current global challenges, Menara Syariah and INCEIF University presents a two-day event of the 1st Menara Syariah & INCEIF University Symposium (MSIUS) 2024 from August 8 to 9, 2024. The symposium invites experts, academician, and globally renown practitioners in their...

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B.C. Officials, RCMP Issue Warning To Crypto "Money Mules"

The British Columbia Securities Commission (BCSC) and Royal Canadian Mounted Police (RCMP) have issued a warning to ten B.C. residents over their alleged involvement in international crypto fraud schemes, the officials revealed in a press conference Monday. According to both the RCMP’s Integrated Marketing Enforcement Team (IMET) and the BCSC, officials hand-delivered the warnings on...

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Bitcoin Demand to Rise on Back of 'Unsustainable' Deficit, Inflation, says Grayscale Bitcoin Demand to Rise on Back of 'Unsustainable' Deficit, Inflation, says Grayscale

According to Grayscale, recent inflation figures may have a short-term negative impact on crypto, but continuous inflation will ultimately increase sentiment towards cryptocurrency. Inflation refers to the prolonged increase in the general price level of goods and services in an economy over time, usually resulting in a decline in the purchasing power of fiat currency....

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Ethena to Release UStb Stablecoin Backed by Blackrock’s Fund BUILD

Unlike traditional stablecoins that rely on direct fiat or asset backing, USDe employs derivative hedging strategies to maintain its U.S. dollar peg. It uses Bitcoin (BTC), Ether (ETH), Solana (SOL), and other crypto assets as collateral, with an arbitrage-based system for minting and redeeming tokens. Additionally, USDe generates yields through a cash-and-carry strategy. However, this...

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Analyst Predicts XRP May Soon Surpass Bitcoin — Here’s Why

Matt Hamilton argues that XRP’s scalable infrastructure makes it more suitable than Bitcoin for mainstream financial applications, potentially positioning it to surpass BTC. Bitcoin’s strengths in decentralization and security are highlighted by Davinci Jeremie, emphasizing its role in financial sovereignty despite scalability limitations. Ripple (XRP) is currently anticipated to surpass Bitcoin as the leading cryptocurrency....

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Target Guides FY24 EPS Above Estimates - Update

While reporting financial results for the fourth quarter on Tuesday, discount retailer Target Corp. (TGT) maintained provided earnings, adjusted earnings and comparable sales guidance for the first quarter and the full-year 2024. For the first quarter, the company expects earnings and adjusted earnings in the range of $1.70 to $2.10 per share on a comparable...

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