Forwarded from The Economy News
China developer Zhenro loses 66% value on bond redemption concerns
Zhenro Properties shares plunged 66% over concerns it will not redeem a $200 million bond as planned next month. (Bloomberg)
Shares plummeted a record 66% in Hong Kong and an onshore bond maturing in 2024 fell 23%, the most in over a month.
The Shanghai-based developer is one of many of China’s major real estate companies in dire straights, with Evergrande still struggling to pay its $300 billion in financial obligations.
♨️ t.me/TheEconomyNews
Zhenro Properties shares plunged 66% over concerns it will not redeem a $200 million bond as planned next month. (Bloomberg)
Shares plummeted a record 66% in Hong Kong and an onshore bond maturing in 2024 fell 23%, the most in over a month.
The Shanghai-based developer is one of many of China’s major real estate companies in dire straights, with Evergrande still struggling to pay its $300 billion in financial obligations.
♨️ t.me/TheEconomyNews
Forwarded from Best Token News
Chinese crypto billionaire & Binance founder to buy into news outlet that investigated his own firm
Binance founder Changpeng Zhao, who is worth an estimated $96 billion, announced a $200 million investment into Forbes, which once investigated his company. (Daily Mail)
Forbes at one time accused Binance of attempting to “intentionally deceive regulators” and the crypto exchange.
Zhao has assured that freedom of press will not be silenced at the outlet stating, “Forbes will continue to be fairly independent.”
“Fairly independent,” just like Bezos and WaPo?
⚜️ t.me/BestTokenNews
Binance founder Changpeng Zhao, who is worth an estimated $96 billion, announced a $200 million investment into Forbes, which once investigated his company. (Daily Mail)
Forbes at one time accused Binance of attempting to “intentionally deceive regulators” and the crypto exchange.
Zhao has assured that freedom of press will not be silenced at the outlet stating, “Forbes will continue to be fairly independent.”
“Fairly independent,” just like Bezos and WaPo?
⚜️ t.me/BestTokenNews
Forwarded from Supvo
Flash drive shortages ahead after major chip disaster
Western Digital said a contamination issue in two of its factories severely impacted production, resulting in a loss of 6.5 billion gigabytes of flash storage.
The incident will impact the availability of chips vital to production of many electronic devices and serve as the primary component of solid state hard drives.
Western Digital claims to be working to “restore the facilities to normal operational status as quickly as possible.”
📱 t.me/supernarrativ
Western Digital said a contamination issue in two of its factories severely impacted production, resulting in a loss of 6.5 billion gigabytes of flash storage.
The incident will impact the availability of chips vital to production of many electronic devices and serve as the primary component of solid state hard drives.
Western Digital claims to be working to “restore the facilities to normal operational status as quickly as possible.”
📱 t.me/supernarrativ
Forwarded from SABMYKA
Uber to accept crypto when it becomes more environmentally friendly
Uber’s CEO said Friday that the company will accept crypto “at some point in the future,” but refused to elaborate timewise further - only stating, “this is not the right point.” (Bloomberg)
Dara Khosrowshahi cited the cost of exchanges and the environmental impact of digital mining on the energy grid as reasons for why Uber has not yet incorporated the technology.
🔰 t.me/NFTreport
Uber’s CEO said Friday that the company will accept crypto “at some point in the future,” but refused to elaborate timewise further - only stating, “this is not the right point.” (Bloomberg)
Dara Khosrowshahi cited the cost of exchanges and the environmental impact of digital mining on the energy grid as reasons for why Uber has not yet incorporated the technology.
🔰 t.me/NFTreport
Forwarded from The Economy News
CEO of Shell ditches $5.2 million worth of company shares
Shell CEO Ben van Beurden sold 190,000 shares a day before they hit their highest level since January 2020. (Reuters)
The $5.2 million decision to cash in was “a private matter” a company spokesperson said.
Despite the selloff Beurden believes the company’s share price is still “undervalued.”
Anything Nancy might be interested in?
♨️ t.me/TheEconomyNews
Shell CEO Ben van Beurden sold 190,000 shares a day before they hit their highest level since January 2020. (Reuters)
The $5.2 million decision to cash in was “a private matter” a company spokesperson said.
Despite the selloff Beurden believes the company’s share price is still “undervalued.”
Anything Nancy might be interested in?
♨️ t.me/TheEconomyNews
Forwarded from PEPE nft official
For those who can’t wait to trade SBMK here an inspiration:
https://pancakeswap.finance/add/0x4f58888EC23a2A7ca6e6AE2E5bc6B9d9589b2a5E/BNB
👆🏾👆👆🏻👆🏿
„By adding liquidity you'll earn 0.17% of all trades on this pair proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.“
(Whatever it means ;-)
♦️ t.me/SBMKme
https://pancakeswap.finance/add/0x4f58888EC23a2A7ca6e6AE2E5bc6B9d9589b2a5E/BNB
👆🏾👆👆🏻👆🏿
„By adding liquidity you'll earn 0.17% of all trades on this pair proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.“
(Whatever it means ;-)
♦️ t.me/SBMKme
pancakeswap.finance
Add Liquidity | PancakeSwap
The most popular AMM on BSC by user count! Earn CAKE through yield farming or win it in the Lottery, then stake it in Syrup Pools to earn more tokens! Initial Farm Offerings (new token launch model pioneered by PancakeSwap), NFTs, and more, on a platform…
Forwarded from Ethereum Daily
Number of Addresses Holding At Least One Ethereum Reaches New High, ETH 2.0 Deposit Hits $30 Billion
Fresh data suggests that the number of small-time investors holding at least one ETH has set a new all-time record, a move that bodes well for the second-largest cryptocurrency by market capitalization.
Suggests that the number of addresses holding at least one ETH has reached a new all-time high. Such predictions are among the reasons the number of investors holding at least one unit of ETH has been steadily increasing.
🔸 t.me/EthereumDaily
Fresh data suggests that the number of small-time investors holding at least one ETH has set a new all-time record, a move that bodes well for the second-largest cryptocurrency by market capitalization.
Suggests that the number of addresses holding at least one ETH has reached a new all-time high. Such predictions are among the reasons the number of investors holding at least one unit of ETH has been steadily increasing.
🔸 t.me/EthereumDaily
Forwarded from Crypto Trading Bitcoin Channel
El Salvador Bitcoin Bond Issuance Coming as Soon as March 15
El Salvador’s initial $1 billion bitcoin bond issue will take place between March 15 and March 20, Finance Minister Alejandro Zelaya said Tuesday.
Speaking on Salvadoran TV show "Frente a Frente", Zelaya said the bond will be launched on Liquid, a bitcoin-based service created by Blockstream, and come with a 6.5% coupon.
〽️ t.me/CTBCh
El Salvador’s initial $1 billion bitcoin bond issue will take place between March 15 and March 20, Finance Minister Alejandro Zelaya said Tuesday.
Speaking on Salvadoran TV show "Frente a Frente", Zelaya said the bond will be launched on Liquid, a bitcoin-based service created by Blockstream, and come with a 6.5% coupon.
〽️ t.me/CTBCh
Forwarded from SABMYK
Samsung Unveils Crypto Wallet and Storage on New S22 Smartphone
South Korean electronics giant Samsung has unveiled its latest flagship smartphone which is loaded with crypto features and functionality.
The tech giant announced the Samsung Wallet at its "Unpacked 2022" virtual event which also saw the unveiling of its new Galaxy S22 Ultra smartphone. Samsung unveiled its new Galaxy devices at a virtual Samsung 837X space in the Decentraland Metaverse.
🟡 t.me/CryptoSignalsMust
South Korean electronics giant Samsung has unveiled its latest flagship smartphone which is loaded with crypto features and functionality.
The tech giant announced the Samsung Wallet at its "Unpacked 2022" virtual event which also saw the unveiling of its new Galaxy S22 Ultra smartphone. Samsung unveiled its new Galaxy devices at a virtual Samsung 837X space in the Decentraland Metaverse.
🟡 t.me/CryptoSignalsMust
Forwarded from PEPE nft official
Thanks to one of our members who put via pancakeswap some liquitity on the coin the SBMK has it’s first official value on the nomics charts!
According to the charts it’s the #13.444.
Let’s watch it rising! 🚀🚀🚀
https://nomics.com/assets/sbmk-sabmyk
Everybody can put liquidity on the coin and set a new value vie pancakeswap!
https://pancakeswap.finance/add/0x4f58888EC23a2A7ca6e6AE2E5bc6B9d9589b2a5E/BNB
♦️ t.me/SBMKme
According to the charts it’s the #13.444.
Let’s watch it rising! 🚀🚀🚀
https://nomics.com/assets/sbmk-sabmyk
Everybody can put liquidity on the coin and set a new value vie pancakeswap!
https://pancakeswap.finance/add/0x4f58888EC23a2A7ca6e6AE2E5bc6B9d9589b2a5E/BNB
♦️ t.me/SBMKme
Forwarded from Blockchain Report
Intel’s Bitcoin Mining Chip to Be 1000 Times Faster than Closest Rivals, Claims VP
Intel Corp on Friday announced the launch of an energy-efficient super-fast processing chip for blockchain applications. Billed to be 1000x faster than its nearest rivals, Intel’s “blockchain accelerator” will be available to its customers later this year.
The official release by Raja M. Koduri, Senior Vice President, General Manager, Accelerated Computing System, and Graphics Group, elaborates on the launch of Intel bitcoin accelerator. Last month, Intel, the world’s second-largest semiconductor chip maker after TSMC, had scheduled a presentation under “Highlighted Chip Releases” at the ISSCC conference.
🥅 t.me/BlockchainReport
Intel Corp on Friday announced the launch of an energy-efficient super-fast processing chip for blockchain applications. Billed to be 1000x faster than its nearest rivals, Intel’s “blockchain accelerator” will be available to its customers later this year.
The official release by Raja M. Koduri, Senior Vice President, General Manager, Accelerated Computing System, and Graphics Group, elaborates on the launch of Intel bitcoin accelerator. Last month, Intel, the world’s second-largest semiconductor chip maker after TSMC, had scheduled a presentation under “Highlighted Chip Releases” at the ISSCC conference.
🥅 t.me/BlockchainReport
Forwarded from Metaverse Account
Gucci buys virtual land on The Sandbox as part of metaverse experience bid
Luxury fashion brand Gucci has bought itself some land on the digital world platform known as The Sandbox.
The move will allow the fashion brand to create virtual fashion experiences for consumers, though details on what that experience will entail are not yet public, nor is it public how much the fashion brand invested to obtain the digital land rights.
🤡 t.me/MetaverseAccount
Luxury fashion brand Gucci has bought itself some land on the digital world platform known as The Sandbox.
The move will allow the fashion brand to create virtual fashion experiences for consumers, though details on what that experience will entail are not yet public, nor is it public how much the fashion brand invested to obtain the digital land rights.
🤡 t.me/MetaverseAccount
Forwarded from Cardano Report
Cardano Beats Bitcoin, Ethereum To Become Network With The Most Transaction Activity
While Cardano peaked at $17.15B in transactions, Bitcoin came in second at $15.1B followed by Ethereum at $8.64B. It is however important to note the difference between "Transaction volume" and "Adjusted transaction volume".
While transaction volume simply denotes the total value moved on a particular blockchain network, adjusted transaction volume is essentially a way to fairly compare UTXO style transaction volume with account-based transaction volume.
⭕️ t.me/CardanoReport
While Cardano peaked at $17.15B in transactions, Bitcoin came in second at $15.1B followed by Ethereum at $8.64B. It is however important to note the difference between "Transaction volume" and "Adjusted transaction volume".
While transaction volume simply denotes the total value moved on a particular blockchain network, adjusted transaction volume is essentially a way to fairly compare UTXO style transaction volume with account-based transaction volume.
⭕️ t.me/CardanoReport
Forwarded from The Economy News
EU Plans for Digital Euro
The European Commission says it will propose a bill to create a digital euro in 2023 – setting out the legal foundation for ongoing work by the European Central Bank.
(Tech Radar)
"If we don’t satisfy this demand, then others will do it" - ECB Executive Board member Fabio Panetta said.
The ECB stated that the digital euro would not “replace cash” but “compliment it,” and would be “accessible to all citizens and firms."
♨️ t.me/TheEconomyNews
The European Commission says it will propose a bill to create a digital euro in 2023 – setting out the legal foundation for ongoing work by the European Central Bank.
(Tech Radar)
"If we don’t satisfy this demand, then others will do it" - ECB Executive Board member Fabio Panetta said.
The ECB stated that the digital euro would not “replace cash” but “compliment it,” and would be “accessible to all citizens and firms."
♨️ t.me/TheEconomyNews
Forwarded from Gold Trade News
Global oil prices drop steeply as Russia’s military announces that troops engaged in field exercises near #Ukraine have begun returning to their bases.
Russian rouble & Ukrainian Hryvnia strengthen significantly, as markets bet against war
🏆 t.me/GoldTradeNews
Russian rouble & Ukrainian Hryvnia strengthen significantly, as markets bet against war
🏆 t.me/GoldTradeNews
Forwarded from The Economy News
Moderna loses $140 billion in stock crash as insiders sell millions worth of shares
Company stock fell as much as 13% Monday to a 10-month low over the past month. (Forbes)
Financial experts have questioned whether vaccine sales are a sustainable revenue stream for years to come for those developing drugs.
Regulatory filings released Friday showed four Moderna executives sold company stock at a combined value of $3.6 million.
♨️ t.me/TheEconomyNews
Company stock fell as much as 13% Monday to a 10-month low over the past month. (Forbes)
Financial experts have questioned whether vaccine sales are a sustainable revenue stream for years to come for those developing drugs.
Regulatory filings released Friday showed four Moderna executives sold company stock at a combined value of $3.6 million.
♨️ t.me/TheEconomyNews
Forwarded from The Economy News
UK PM Johnson expected to deny any wrongdoing over parties at Downing Street (reports)
Boris Johnson is expected to claim that lockdown bashes held at Number 10 were ‘part of the working day,’ according to a source. (The Times)
The PM has until Friday to answer a police questionnaire sent to him which could lead to a fixed penalty notice.
Johnson, who has appointed a lawyer to work on his responses, is believed to have attended six of the twelve Downing St parties being probed by Scotland Yard. One such party was allegedly organised by his wife Carrie Johnson in the PM’s flat on November 13, 2020.
♨️ t.me/TheEconomyNews
Boris Johnson is expected to claim that lockdown bashes held at Number 10 were ‘part of the working day,’ according to a source. (The Times)
The PM has until Friday to answer a police questionnaire sent to him which could lead to a fixed penalty notice.
Johnson, who has appointed a lawyer to work on his responses, is believed to have attended six of the twelve Downing St parties being probed by Scotland Yard. One such party was allegedly organised by his wife Carrie Johnson in the PM’s flat on November 13, 2020.
♨️ t.me/TheEconomyNews
Forwarded from Supvo
Meta to install controversial sea-floor cable
Deep-sea cable installers are about to begin laying a transatlantic cable line for Meta through Nova Scotian fishing grounds as soon as this week. (CBC)
Local fishing and conservation groups said Monday the project was pushed through without enough – or any – input from the community.
The process is expected around month and a half, as fishermen are being told to stay at least one nautical mile away from cable-laying vessels.
📱 t.me/supernarrativ
Deep-sea cable installers are about to begin laying a transatlantic cable line for Meta through Nova Scotian fishing grounds as soon as this week. (CBC)
Local fishing and conservation groups said Monday the project was pushed through without enough – or any – input from the community.
The process is expected around month and a half, as fishermen are being told to stay at least one nautical mile away from cable-laying vessels.
📱 t.me/supernarrativ
Forwarded from Supvo
Johnson & Johnson bankruptcy claims attacked by cancer plaintiffs as “rotten” in talc powder case
A J&J subsidiary came under attack Monday for attempting to use bankruptcy to resolve tens of thousands of claims its talcum powder caused cancer. (Reuters)
LTL Management is fighting to remain in bankruptcy arguing it’s the best way to reach an "equitable, efficient, and consensual resolution.”
"At its core, this case is rotten," a lawyer for one of the 38,000 plaintiffs said.
📱 t.me/supernarrativ
A J&J subsidiary came under attack Monday for attempting to use bankruptcy to resolve tens of thousands of claims its talcum powder caused cancer. (Reuters)
LTL Management is fighting to remain in bankruptcy arguing it’s the best way to reach an "equitable, efficient, and consensual resolution.”
"At its core, this case is rotten," a lawyer for one of the 38,000 plaintiffs said.
📱 t.me/supernarrativ
Forwarded from NFT fair
UK tax authorities seize NFT in $1.9 million fraud case
HM Revenue and Customs said three people have been arrested as part of a probe into a suspected VAT fraud involving 250 allegedly fake companies. (BBC)
The reported fraudsters are being held on suspicion of attempting to defraud the inland revenue of £1.4 million ($1.9 million).
UK authorities say they are the first law enforcement agencies to “seize” an NFT.
🤖 t.me/NFTfair
HM Revenue and Customs said three people have been arrested as part of a probe into a suspected VAT fraud involving 250 allegedly fake companies. (BBC)
The reported fraudsters are being held on suspicion of attempting to defraud the inland revenue of £1.4 million ($1.9 million).
UK authorities say they are the first law enforcement agencies to “seize” an NFT.
🤖 t.me/NFTfair