Researchers found evidence that more than $1 million worth of Bitcoin (BTC) from addresses linked to the Ryuk ransomware attack was transferred through a wallet on Binance. According to an Aug. 23 Forbes report, researchers took a sample of 63 transactions, accounting for $5.7 million of the more thanRead More →
Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hours trading on fears of slowing growth and a miss on profit.Read More →
Tether (USDT) has blacklisted 39 Ethereum addresses worth $46 million in USDT, with 24 of them holding a total of more than $5.5 million in USDT having been blacklisted this year. This revelation follows the Centre’s first blacklisting of an Ethereum address holding USDT 100,000. Philippe Castonguay, Ethereum researcherRead More →
The number of U.S. cases of COVID-19 approached 3 million Wednesday, and Florida’s intensive care units are filling up, as the United States counted a record number of new cases of the deadly disease in a single day, a sign that the virus is far from being contained. DataRead More →
The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new casesRead More →
A wallet associated with alleged crypto Ponzi scheme PlusToken has moved 26,316,339 EOS tokens (worth over $67 million as of press time) to an anonymous crypto wallet created less than 24 hours ago. The transaction was spotted by tracking service Whale Alert earlier today. PlusToken is believed to be oneRead More →
© Reuters. SINGAPORE (Reuters) – Two former employees of Singapore marine fuel firm Coastal Oil were charged on Friday for allegedly being involved in a series of offences to cheat eight banks of more than $340 million. Singaporeans Ong Ah Huat and Huang Peishi were charged with multiple counts ofRead More →
The numbers: Some 1.54 million Americans applied for traditional jobless benefits in early June and more than 700,000 sought compensation though an emergency federal program, reflecting both a steady decline in job losses from the coronavirus but a still-worrisome number of layoffs. Initial jobless claims slowed to 1.54 million inRead More →
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, theRead More →
Slack Technologies Inc. revenue topped $200 million in a quarter for the first time, but the stock still sank hard in the extended session Thursday afternoon after closing at record highs in recent days. Slack reported a loss of $74.4 million, or 13 cents a share, on revenue of $201.7Read More →
Hope you’re staying healthy, MarketWatchers. Don’t miss these top stories: Personal Finance My son is the only one wearing a mask at his job, while all the executives are working from home — what can he do? ‘Not one person, except him, is wearing a mask.’ Black Americans are twiceRead More →
The number of Americans with confirmed case of the coronavirus that causes COVID-19 climbed above 1.8 million on Tuesday, amid concerns that protests about the death of George Floyd last week, and people gathering in groups as lockdowns are lifted, will spark a fresh wave of infections. President Donald TrumpRead More →
2/2 © Reuters. FILE PHOTO: The Shinsei Bank logo is pictured at the lobby of the bank in Tokyo 2/2 By Byron Kaye and Takashi Umekawa SYDNEY/TOKYO (Reuters) – Shinsei Bank Ltd (T:) said it will buy New Zealand’s top non-bank finance provider, UDC Finance Ltd, for $480 million inRead More →
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske, Santander, Lloyds, and Bank of Scotland. The governmentRead More →
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. JPMorgan Settles a Crypto Class Action Lawsuit JPMorgan Chase allegedlyRead More →
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans to startups, which could be converted into shares. TheRead More →
© Reuters. Employees wearing face masks work at a plant of Daimler-BAIC joint venture’s Beijing Benz Automotive Co during a government organised tour of the facility following the outbreak of the coronavirus disease (COVID-19), in Beijing By Zhang Yan and Julie Zhu BEIJING/HONG KONG (Reuters) – Daimler AG (DE:) plansRead More →
Dear Moneyist, My parents, who are now deceased, had a living trust with a provision for creation of a new trust that would allow my brother and I to share the income from that trust during our lifetimes. When we both die, the principal from that trust is to beRead More →
(Reuters) – Morgan Stanley (N:) will receive a $375 million breakup fee if E*Trade Financial Corp (O:) walks away from its $13 billion deal for the discount brokerage, the U.S. bank said on Friday. On Thursday, Morgan Stanley entered into a deal to buy E*Trade, the biggest acquisition by aRead More →
© Reuters. FILE PHOTO: Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal (Reuters) – A Missouri jury’s $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer (DE:) and BASF has raised the stakes for the twoRead More →
Hello Catey, I am a 53-year-old woman who is looking to retire within the next 18 months. I currently have a home that is paid for which I plan to use as a home base. Outside of that home, my assets are $150,000 cash savings and $1.4 million in myRead More →
The deal between popular sports-media publisher Barstool Sports Inc. and a casino operator is the latest sign of the seismic change under way in sports betting since the Supreme Court moved two years ago to legalize it widely. U.S. casino operators, fantasy apps and betting brands from Europe and AustraliaRead More →
Tesla Inc. stock rallied more than 6% late Wednesday after the Silicon Valley car maker reported quarterly earnings that topped Wall Street views and set a goal to “comfortably” sell more than 500,000 vehicles this year. Tesla TSLA, +2.49% said it earned $105 million, or 56 cents a share, inRead More →
By David Shepardson WASHINGTON (Reuters) – Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors (N:) factory in northeast Ohio, Chief Executive Steve Burns told Reuters. Burns met with Energy Secretary Dan Brouillette on MondayRead More →
(Reuters) – Lab-grown meat producer Memphis Meats said on Wednesday it raised $161 million in a funding round led by Japan’s SoftBank Group (T:), Singapore’s wealth fund Temasek Holdings and Norwest Venture Partners. The company said https://www.dropbox.com/sh/a8d448rg2ia38wb/AADm73yA_KTatQr7C4RmZHTEa/Press%20releases?dl=0&preview=Series+B+press+release.pdf&subfolder_nav_tracking=1 the latest round took total funding to over $180 million and drew investmentRead More →
