Cryptocurrency exchange Kucoin may have been hacked for $150 million in bitcoin and multiple ERC20 tokens. The Singapore-based exchange confirmed the September 25 security breach, but did not disclose the amount stolen. “Bitcoin, ERC-20 and, other tokens in Kucoin’s hot wallets were transferred out of the exchange,” said Kucoin in an update on Saturday. Meanwhile,
Month: September 2020
The most expansive legal challenge to the Affordable Care Act in the 10 year history of the law and an attack on the ability of the Federal Trade Commission to reimburse consumers for harm highlight the Supreme Court’s coming term for seniors, the AARP Foundation announced this week. The term starts October 5. The importance
An enforcement case announced Friday highlighted the often murky line between the various consultants working legally with municipal issuers and those who may be performing unlicensed muni advisory work. Funding the Gap LLC and its principal, Irene Carroll, agreed to settle with the SEC on charges that the company and Carroll provided municipal bond advice
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If anyone doubts that the country that many of us loved so much is almost totally gone, just look at what is going on all around the U.S. right now… by Michael Snyder of The Economic Collapse Blog If anyone doubts that the country that many of us loved so much is almost totally gone,
Does AstraZeneca (AZN) still have a fighting chance in the COVID-19 vaccine race? Earlier this month, the healthcare giant paused the Phase 3 study of AZD1222, its experimental COVID-19 vaccine developed as part of a collaboration with the University of Oxford, after one of the participants developed an unexplained illness, a potential adverse effect. This
Take a look at some of the biggest movers in the premarket: Costco (COST) – Costco reported quarterly earnings of $3.04 per share, 20 cents a share above estimates. The warehouse retailer’s revenue also beat Wall Street forecasts. Comparable-store sales rose 11.4% compared to the 7.8% consensus estimate of analysts polled by Refinitiv. Costco also
The Koch brothers, Charles and David, became well-known for their libertarian and conservative politics, often portrayed as significant personalities that impact elections and government decisions. However, despite fame as political influencers, their primary activities centered around running Koch Industries Inc., of which they owned over 80%. Koch Industries is a private company that has annual
Fewer than 10 per cent of Americans have antibodies that could protect them from developing Covid-19, according to the first nationally representative survey that shows the vast majority still have not developed an immune response to the virus. The serological survey of dialysis patients, published in the medical journal The Lancet on Friday, also found
In this week’s edition of Scoreboard, we explain how a decision by UK Prime Minister Boris Johnson to keep stadiums closed has plunged British sport into a financial crisis, assess the performance of Formula One chief Chase Carey set to leave the global motor racing series, explain the importance of legal cases into athlete abuse
Advisors and brokers bracing for examinations under the SEC’s Regulation Best Interest now have tips about what’s going to show up on the test. State regulators will be checking to see how firms have adjusted their practices with respect to conflicts of interest, sales of complex products and investor profile questionnaires, among other areas, according
The precise mechanics of yield farming depend on the terms and features of the individual DeFi application. The practice started out by offering users a small share of transaction fees for contributing liquidity to a particular application, such as Uniswap or Balancer. However, the most common yield farming method is to use a DeFi application
Jarred Kessler is the CEO of EasyKnock. getty If you own a company or work in the banking sector, you may be hearing the term “SPAC” 10 times a day now. It seems to be an increasingly common belief that SPACs are becoming the new go-to alternative to private equity fundraising. I traded SPACs in the
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Fierce competition for a limited supply of homes for sale has caused
Russia’s telecom regulator Roskomnadzor has added Binance, the world’s largest crypto exchange, to the list of blacklisted websites in the country. The exchange was blacklisted on June 2, 2020, but Binance became aware of this only on September 24th, after receiving communication from Roskomnadzor. In an announcement on its Russian Telegram channel, Binance said it
Looking to an u unknown future getty Are you prepared to live a long time? You should be because many Americans are now living well into their 90s and 100s. If you are over 60, you can probably remember a time when a radio personality by the name of Paul Harvey used to wish a
A project to bring a rail link to New York’s LaGuardia Airport is closer to breaking ground in the face of fiscal headwinds created by the COVID-19 pandemic. The Federal Aviation Administration released its draft environmental impact statement for the proposed AirTrain last month with the public comment period scheduled to conclude on Oct. 5.
Gold has become cheaper by Rs 6508 per 10 grams so far from its all-time high. On the other hand, silver has lost Rs 18531 from its peak of August 7. On August 7, gold opened at 56254 in the bullion markets. It was at its peak, while silver reached Rs 76008 per kg. If
A price floor is expected when further selling the price down causes scarcity… by Keith Weiner of Monetary-Metals A few days ago, we wrote about a big silver crash. The price dropped around 7.5%. And the basis dropped from around 2% to 0.6%. At the end, we said: “The key question is: what is the follow-through? If the
Micron’s (MU) year has been nothing to shout about. The memory chip maker has struggled due to a lack of demand in the memory space as a result of the economic recession caused by the viral outbreak. The macro weakness has been reflected in the share price, too. Unlike many of its peers in the semiconductor
Tesla vehicles are displayed in a Manhattan dealership on September 08, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading: Bristol-Myers Squibb — Shares of the pharmaceutical company rose 1.2% after it announced positive interim results from a phase three trial of an immunotherapy drug
Investors don’t agree on much, but they do agree that making money in the market comes with a steadfast strategy that is built around a set of rules. Think for a moment about your early days as an investor. If you’re like many, you jumped in with very little knowledge of the markets. When you
Donald Trump is expected to nominate Amy Coney Barrett to the US Supreme Court, according to media reports, in a move that would decisively shift the country’s highest bench in a conservative direction if she is confirmed. Ms Barrett, a 48-year-old federal appeals court judge, is favoured by religious conservatives and anti-abortion campaigners for the
Anthony Hopkins, Yayoi Kusama, Pamela Anderson, Marina Abramović and Lady Gaga. The stars of this week’s How To Spend It are some of the most single-minded artists in the world. In a year in which singular expression has been muted, it’s exhilarating to find people who inhabit such an uncompromising point of view. How To Spend It
Prudential Securities has terminated a broker who was recently accused of making racist comments towards two patrons in a California restaurant. Sophia Chang, co-founder of a women’s apparel company, claims in a social media post that the man told her to “go back to Wuhan,” a reference to the Chinese city believed to be the
Nexo co-founder Antoni Trenchev told Cointelegraph that he believes the information revealed during the recent FinCen leak vindicates the crypto industry. According to the leak, the world’s leading financial institutions cleared over $2 trillion “suspicious” transactions — and Deutsche Bank alone cleared over $1.3 trillion of that amount. Trenchev said: “The first thing I’m feeling
Aviva is the Managing Broker of Sonenreich & Co, a third-generation commercial real estate broker, owner and investor in Denver, Colorado. getty Working in the family business — industrial real estate — I can’t help but encounter an overwhelming number of family businesses on both sides of the table. As my family decided to pass the
Ariel Skelley | DigitalVision | Getty Images It’s no wonder so many Americans retire down south. The Sunshine State has four of the top five places for retirement, according to the latest WalletHub Best & Worst Places to Retire report. “Florida is a tax haven for everyone, but especially for the elderly, so when it
The University of Cambridge and the school’s Centre for Alternative Finance has published the third “Global Cryptocurrency Benchmarking Study.” The 71-page in-depth study examines the current growth of the crypto industry, mining, offchain activity, crypto asset user profiling, regulation, and security. The September 2020 third edition of the Global Cryptoasset Benchmarking Study concentrates on four
getty Choosing to work with a financial planner is one of the bigger decisions many will face. The hard part starts when choosing what to look for in an advisor and firm. To start, there is not necessarily an agreed upon title when making your search. You could see titles such as financial advisor, financial
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