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WeWork Files for Bankruptcy Amid Continued Losses
WeWork has filed for bankruptcy ending the last few days of speculation about its future. The company was perennially loss-making and had a bloated debt pile. In its release, WeWork said that it “has commenced a comprehensive reorganization to strengthen... -
USDT’s Dominance in Brazil, Accusations Against Bukele’s Administration, and a New Venezuelan Crypto Association
In Brazil, the national cryptocurrency market is experiencing a surge in the use of stablecoins such as USDT, USDC, and BRZ, which are tokens tied to the Brazilian real. These stablecoins are rapidly gaining popularity and are now integral to... -
Hong Kong Approves Tokenized Securities in Ongoing Digitalization Drive
Hong Kong's Securities and Futures Commission (SFC) has given the green light on the tokenization of securities and regulated funds. This milestone approval underscores the ongoing efforts of the financial authority to enhance its appeal as a welcoming hub for... -
Apple Reported Mixed Q4 Earnings: Here’s How Wall Street Reacted
Apple (NYSE: AAPL) reported its fiscal Q4 2023 earnings last week and the stock closed marginally lower after the Cupertino-based company reported mixed earnings in the quarter. Here are the key takeaways from the report and how Wall Street reacted... -
SEC Says No to Jury Verdict, Calls for Summary Judgment on Terraform’s Violations
The US Securities and Exchange Commission (SEC) is kicking against a jury's lenient approach toward Terraform Labs' alleged crimes. Making its position known, the SEC is advocating for a summary judgment instead. $45 Billion Lost to Terraform Violations – Jury... -
MicroStrategy’s Bitcoin Holdings Surge to $900 Million as BTC Value Rises
MicroStrategy has acquired an additional 155 bitcoins for $5.3 million, bringing its portfolio of 158,400 BTC to a remarkable paper gain of $900 million. This purchase of crypto assets further reinforces the company's strong belief in the potential of the... -
Taiwanese Authorities Disrupt 324.2 Million USDT Money Laundering Scheme
Taiwan's Criminal Bureau's Electronic Investigation Team has busted a major crypto money laundering operation involving $324.2 million worth of USDT. The successful operation appears to be the East Asia nation's largest crypto-related money laundering ring in Taichung District. Taiwan's Criminal... -
Key Takeaways from Chinese EV Companies’ October Deliveries
Chinese EV companies including NIO, LI Auto, Xpeng Motors, and BYD have released their October delivery reports. Here are the key takeaways from the report. NIO delivered 16,074 cars in October which was 59.8% higher YoY. October was the first... -
Finding the Proper Fit: A Comparison of Popular Trading Platforms with Fxview
Learn more about trading global market assets with the world-class trading platforms offered by Fxview - MT4, MT5 and ActTrader. In today’s fast-paced and ever-changing world of trading, having access to a powerful and innovative trading platform is essential. Award-winning,... -
Botswana President Emphasizes Blockchain’s Role in Eliminating ‘Blood Diamonds’ and Promoting Transparency in the Global Diamond Industry
Botswana's President, Mokgweetsi Masisi, firmly believes that blockchain technology has the potential to revolutionize the battle against "blood diamonds" within the global diamond industry. Blockchain technology, with its immutable digital ledger, can provide a robust solution to ensure that diamonds...
