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FTX, Alameda Research to Cough Up $12.7 Billion—What Now for Crypto?
- FTX and Alameda Research are ordered to pay $12.7 billion to creditors.
- The case has been a PR nightmare for the crypto industry.
- Could this be the beginning of accountability across the industry?
Friday, 09/08/2024 | 07:56 GMT by
Louis Parks
Canada Strikes Gold (and Oil) in an Unexpected Trade Windfall
- The country sees increased oil and gold exports propel it into a surprise trade surplus.
- Canada's trade balances turn positive as exports rise by 5.5%.
- The surge is linked to the opening of a new oil pipeline serving Asian-Pacific markets.
Wednesday, 07/08/2024 | 08:19 GMT by
Louis Parks
The AI Arms Race: Tech Titans' Triumphs and Tribulations
- Microsoft’s AI investments boost long-term prospects despite short-term expenses.
- Apple’s AI integration faces economic challenges and mixed investor reactions.
- Meta’s AI-powered Metaverse vision fuels stock spikes amid persistent doubts.
Monday, 05/08/2024 | 11:37 GMT by
Louis Parks
Affiliate Marketing Report – Opportunities in CCs, Savings Accounts
- Predicts growth in investment, savings products in US, credit cards, mortgages in Canada.
- Video and AI-generated content lead as top marketing tools along with email marketing.
- Economic uncertainty and search engine algorithm changes pose significant challenges.
Friday, 02/08/2024 | 09:32 GMT by
Louis Parks
Olympic Gold: How Athletes Turn Medals into Money (and More)
- Olympic athletes can earn substantial cash bonuses for winning medals.
- Rewards vary by country, with some offering unique perks instead of money.
- The value of gold medals extends far beyond their metallic worth.
Wednesday, 31/07/2024 | 07:45 GMT by
Louis Parks
Trump’s Bitcoin Enthusiasm Driven by a Desire to Counter China?
- Trump, once a vocal Bitcoin critic, now talks of a national Bitcoin reserve if re-elected.
- Trump aims to boost America’s crypto standing and plans to arrest SEC Chair Gary Gensler.
- The speech at the Bitcoin Conference marked a shift in Trump’s stance on cryptocurrency.
Monday, 29/07/2024 | 08:40 GMT by
Louis Parks
Marathon Digital's $138M Oopsie: The Great Michael Ho Debacle
- Marathon Digital fined $138 million for breaking a contract with strategist Michael Ho.
- Ho's growth plan for Marathon included a major Bitcoin mining facility in North America.
- Marathon Digital executed Ho's strategy but didn't pay up.
Thursday, 25/07/2024 | 08:40 GMT by
Louis Parks
Google's $23 Billion Wiz-Bang Deal Fizzles: What Happened?
- Google’s $23 billion acquisition of Wiz fails, marking its largest unsuccessful deal.
- Wiz rejects Google’s record-breaking offer, shaking up the tech acquisition landscape.
- The collapse of Google’s Wiz deal highlights potential strategic misalignments.
Wednesday, 24/07/2024 | 07:20 GMT by
Louis Parks
Trump Trade and the Biden Withdrawal - The Markets Head for Safety
- President Biden's withdrawal from the 2024 election has caused market volatility.
- Investors are turning to safe-haven assets as political uncertainty rises.
- The endorsement of Kamala Harris adds complexity to the market dynamics.
Monday, 22/07/2024 | 07:10 GMT by
Louis Parks
Tech Stocks on Shaky Ground: Trump's Speeches and Investor Anxiety
- Tech stocks, including Nvidia and TSMC, face sharp declines amid Trump's recent speeches.
- Investor anxiety surges, leading to significant market sell-offs.
- Trump's rhetoric on tariffs and economic policies creates uncertainty for tech companies.
Friday, 19/07/2024 | 08:10 GMT by
Louis Parks
J.D. Vance: Trump’s VP Pick is Pro-Crypto
- J.D. Vance, Republican Senator from Ohio, holds Bitcoin and supports crypto legislation.
- Vance's populist approach targets big banks while aiding smaller community banks.
- He’s collaborated with Democrats to push for financial reforms.
Thursday, 18/07/2024 | 10:29 GMT by
Louis Parks
The Assassination Attempt on Donald Trump is Shaking Up Crypto
- Donald Trump narrowly escaped, leading to a surge in his influence in crypto.
- His surge in popularity and support of crypto are seeing markets rise.
- Trump's net worth is soaring after the attempt.
Tuesday, 16/07/2024 | 08:32 GMT by
Louis Parks
AI – How Close to “Human Intelligence” Are We?
- OpenAI introduces a five-level human intelligence scale to measure AI progress.
- The company claims AI is almost at Level 2 out of 5.
- AI is not yet in its exponential growth phase, there is more to be developed, discovered.
Friday, 12/07/2024 | 08:15 GMT by
Louis Parks
Apple Hits $3.5 Trillion Market Cap, Steams Past Rivals
- Apple becomes the first company to reach a $3.5 trillion market cap.
- Innovative strategies and product diversification have led to incredible growth.
- Apple's market dominance continues to lead the tech industry.
Wednesday, 10/07/2024 | 07:09 GMT by
Louis Parks
NVIDIA CEO Jensen Huang Cashes in on Stock Surge
- Huang sold a significant amount of stock, capitalizing on NVIDIA's soaring market value.
- The sale is part of a broader trend among chip industry executives.
- This likely reflects confidence in market highs and personal financial planning.
Monday, 08/07/2024 | 08:45 GMT by
Louis Parks
A Place in the Sun – Real Estate in Cyprus is Booming
- The surge is driven by foreign investment, favorable tax policies, and a growing economy.
- The residential real estate market in Cyprus sees rising property prices and high demand.
- The REALTYon Expo is running, bringing together stakeholders from across the industry.
Thursday, 04/07/2024 | 08:51 GMT by
Louis Parks
CoinStats Hack: The $2 Million Crypto Heist that Left Traders Reeling
- Social engineering attack exposes vulnerabilities as CoinStats employee suspected.
- Blurr.eth lost 3,657 Maker (MKR) tokens, valued at $8.7 million at the time.
- Approximately 1,600 wallets were affected.
Monday, 01/07/2024 | 07:51 GMT by
Louis Parks
Amazon Reaches $2 Trillion Market Cap: The New Titan of Tech
- Amazon's market cap hit $2 trillion, making it one of the most valuable global companies.
- Investments in AI, cloud services, and international expansion have driven this growth.
- Amazon stock surged 32% year to date, reflecting confidence in its diverse business model.
Friday, 28/06/2024 | 12:32 GMT by
Louis Parks
Are Crypto Players Ready for MiCA?
- The MiCA regulations will expand to Titles III and IV from June 30.
- Clarity, consumer protections, good, overregulation and increased compliance costs, bad.
- Companies understand MiCA, but there are concerns about readiness and implementation.
Wednesday, 26/06/2024 | 06:28 GMT by
Louis Parks
Zoom in 2024: From Pandemic Darling to Corporate Crawler
- Zoom was a lifeline in the pandemic, but the savior of the early 2020s faces tough times.
- Zoom's revenue growth has flattened since 2022.
- Once valued at $139 billion, Zoom's market cap plummeted to $18 billion by 2024.
Tuesday, 25/06/2024 | 15:30 GMT by
Louis Parks
iFX Expo International – Where the Great and Good of FX Came Together
- This year’s event was huge, with participants from all over the world.
- Emerging nations and regions were strongly represented.
- PSPs were everywhere and they were all talking FX … and crypto.
Friday, 21/06/2024 | 09:49 GMT by
Louis Parks
Evolution of Payments in Forex and Crypto: iFX EXPO Marks the Trend
- Payment companies are integrating with forex and crypto markets due to rising demand.
- Regulatory challenges in crypto are being met with adaptive strategies.
- Africa and Latin America, are becoming significant focus areas for payment providers.
Thursday, 20/06/2024 | 10:44 GMT by
Louis Parks
Holy Silicon! The Pope Weighs in on Artificial Intelligence
- The Pope dives into AI discussions, raising questions about divine intervention in tech.
- Apple to integrate ChatGPT into its devices amidst legal battles and industry rivalries.
- The race for AI supremacy sees Apple on top, with Nvidia and Microsoft close behind.
Monday, 17/06/2024 | 08:13 GMT by
Louis Parks
Wells Fargo - Keyboard Warriors Fired for Fake Work
- When the mouse doesn't roar: A scandalous tale of fake work at Wells Fargo.
- The bank's wealth and investment management divisions were hit following an investigation.
- Wells Fargo's history of scandals and its recent staff firings cast a shadow.
Friday, 14/06/2024 | 08:14 GMT by
Louis Parks
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