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Saturday, Jul 31, 2021
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Crackdown on Binance spreads
The global regulatory crackdown on the world’s largest cryptocurrency exchange has deepened, with Malaysia issuing enforcement actions for alleged illegal operations.
Robinhood IPO: Why It Might Be Time to Move Your Crypto Out of Robinhood?
Robinhood revently raised close to $2 billion in IPO. The amount is not very impressive for the company that was valued at $32 prior going public. Robinhood gained popularity during the 2020 pandemic when meme stocks had blown up on soci...
BitPay Adds Litecoin Global Support, Newegg First to Jump On Board
World’s largest provider of Bitcoin and cryptocurrency payment services, BitPay, today announced support for Litecoin in the BitPay Wallet app. Newegg will become the first merchant to accept Litecoin through BitPay just as it was the fi...
Can better tech make video meetings less excruciating?
Secretary for Commerce and Economic Development Edward Yau Tang-wah described cruise to nowhere as an extension of local tours and a good start for the tourism sector after 18 months of “freezing winter.”
Facebook whistleblower turned down $64G severance package that would have bought her silence: report
Data scientist Sophie Zhang said she found coordinated inauthentic behavior linked to governments in numerous countries
Amazon hit with $886m fine for alleged data law breach
Amazon has been hit with an $886.6m (£636m) fine for allegedly breaking European Union data protection laws.
Cuomo begs businesses to return to NYC after devastating shutdown
The governor suggested that workers return to their offices by Labor Day
Elon Musk slams Apple app store fees
Apple takes a commission of 15 to 30 percent on purchases made within apps
Comedian Adam Carolla ‘blacklisted’ by Hollywood says it's a 'small price to pay' for free speech
Carolla's comments come on the heels of Tim Allen speaking out against cancel culture in a tweet
Google bans ‘sugar daddy’ apps from Android store
The change will take effect Sept. 1, according to Google.
UK Reportedly Wants to Oust China From British Nuclear Energy Market
The Financial Times has suggested that Downing Street wants to remove China's state-owned nuclear energy company from all future power projects in the UK. The report comes as there has been a cooling of relations between London and Beijing.
Dow Jones Hits 35,000 First Time Ever as US Stock Indexes End Week at Record High
Wall Street’s Dow Jones Industrial Average on Friday crossed 35,000 points for the first time ever while other key US stock indexes hit record highs as well, rebounding strongly from a plunge earlier in the week.
Battle for Venezuelan Gold Heads to UK Supreme Court as No 10 Insists Guaido ‘Legitimate President’
The failure of the January 2019 Venezuelan coup attempt by opposition leader Juan Guaido prompted the US and its Latin American and European allies including Britain to seize tens of billions of dollars’ worth of Venezuelan government as...
US: A New Bill Proposal Aims to Raise $30B Through Crypto Taxes
A newly introduced bill in Congress proposes to raise $28 billion from crypto investors by applying new information reporting requirements to exchanges and other parties.
PayPal Rolling Out Crypto 'Super App Wallet' Soon In The US
According to PayPal CEO, Dan Schulman the project is already "code complete" and the plan is to release the app in the United States in the coming months.
Burger King Brazil's DOGE Campaign: Dogecoin Accepted for Dog Treats
Burger King restaurants in Brazil have a new DOGE-themed marketing campaign. Burger King fast food restaurants in the country are accepting Dogecoin for Whopper-themed dog treats, according to the company.
Language-learning company Duolingo closes up 36% in Nasdaq debut, valuing company at nearly $5 billion
While China outlaw all online learning websites, Language-learning company Duolingo made its market debut Wednesday on the Nasdaq and is now trading under the ticker symbol “DUOL.”
Apple decided to finally close the IOS backdoor used by Pegasus and others to spy on journalists, social activists and to kill Jamal khashoggi
Reports indicate that Apple has finally closed the backdoor in its iPhone software with the latest iteration of iOS 14. Apple did it only after Emanuel Macron, journalists and Jeff Bezos (Jamal khashoggi boss) start to realize that it i...
Thanks to Delta variant: Pfizer raises 2021 sales estimate for COVID-19 vaccine to $ 33.5 billion
Pfizer raised its sales forecast for the COVID-19 vaccine, which was jointly developed with Germany’s BioNTech, to $ 33.5 billion on Wednesday, up 28.8%. According to the company, vaccine sales forecasts are based on 2.1 billion contract...
Finra Investigates Robinhood's Registration Violation
The online broker Robinhood, disclosed on Tuesday's regulatory filings that the company is facing an investigation over CEO Vlad Tenev’s failure to register with the Financial Industry Regulatory Authority, one of Wall Street’s top regul...
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