As told via a Twitter post on Tuesday, instant messaging app Telegram has rolled out crypto payments via Ton Token. To access the feature, users first need to download and install Telegram’s official Wallet bot, which allows them to purchase cryptocurrency by bank card, exchange and transfer to other wallets. According to the company, they
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Challenges to the Puerto Rico Plan of Adjustment heard by the Court of Appeals for the First Circuit Thursday will not impact the terms for bondholders, but may affect the government’s ability to pay debt service. Puerto Rico credit unions argued Puerto Rico’s central government engaged in fraud by pressuring them to buy nearly $1
In this article BRK.A Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett has begun to unleash Berkshire Hathaway‘s massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations. But his recent moves are more notable for what he has
An Amazon truck is seen entering the LDJ5 Amazon Sort Center on April 25, 2022 in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares of the e-commerce giant tumbled by 10% after hours, after the company reported first-quarter results and issued weaker-than-expected
Although NFTs have been a part of the cryptocurrency market since 2014, interest and adoption ha risen rapidly over the last two years. At their height in August 2021, the total trading volume of NFTs rose to over $5 billion, kickstarting what briefly came be to known as “NFT Summer”. According to a report by Coingecko,
Ever since the pandemic housing boom, U.S. house prices have kept on climbing, leaving many potential buyers at a loss of how they could afford a place of their own in the red hot market. According to numbers published by the St. Louis Fed, median prices for U.S. houses have increased from around $323,000 at
Stifled by strict Covid restrictions in Hong Kong, residents from the financial hub are continuing to move to its rival, Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — After eight years in Hong Kong, Jonathan Benarr is giving up that city for a new set of attractions — in Singapore. “Hong Kong was
As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential of the regulated market. Independent Reserve’s survey — conducted across all age groups and genders of the Singapore population — revealed
Senate Banking Committee Chairman Sherrod Brown said Wednesday that the Senate would wait to confirm President Biden’s Federal Reserve picks until the return of Democrats recovering from the coronavirus. Brown, an Ohio Democrat, blocked votes this week on a second term for Jerome Powell as chair of the Federal Reserve and the nomination of Philip
Some of Europe’s largest energy companies are making arrangements to comply with a new payment system for Russian gas sought by the Kremlin, which critics say will undercut EU sanctions, threaten the bloc’s unity and deliver billions in critical cash to Russia’s economy. Gas distributors in Germany, Austria, Hungary and Slovakia — including two of
Oklahoma is poised to follow in the footsteps of Texas in preventing banks from participating in municipal bond deals if they “discriminate” against the firearm industry or “boycott” fossil fuel energy companies with two bills nearing final legislative approval this week. On the gun front, House Bill 3144, which passed the state Senate in a
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. Brendan McDermid | Reuters (Click here to subscribe to the Delivering Alpha newsletter.) The hedge fund industry attracted its largest inflows in seven years during the first quarter as investors sought downside protection amidst a volatility
In this article TDOC LVS TMUS MAT PINS PYPL QCOM F FB Woman holds smartphone with Meta logo in front of a displayed Facebook’s new rebrand logo Meta in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell: Meta Platforms — Meta Platforms’ stock
The U.S. dollar index (DXY) has risen above the highs created in March 2020 and may next challenge the multi-year highs set in January 2017. Bitcoin’s (BTC) price action is generally inversely connected to DXY. Therefore, unless the dollar reverses its sharp uptrend, a strong recovery in Bitcoin may be difficult. Although Bitcoin has not
Continuing a recent trend for high-end properties in Dubai, a luxury residence in Jumeirah Bay Island has closed for a record-breaking number, this time for highest recorded residential price per square foot. Located in the renowned Bulgari Resort and Residences development, the three-bedroom unit sold for AED 40 million (roughly US $10.9 million), according to
This oceanfront mansion in Highland Beach, FL sold for $40 million breaking a local record for the town. Robert Stevens The supply of luxury homes and condos in South Florida isn’t merely tight. It’s worse than that. “This isn’t just a decline in inventory,” said Jonathan Miller, CEO of Miller Samuel, an appraisal and consulting
A survey by crypto trading platform Bitstamp shows that 80% of institutional investors believe crypto will overtake traditional investment vehicles. Furthermore, 70% of institutional investors said crypto was a trustworthy investment, with 68% actively recommending this asset class in investment strategies. Institutional Investors Bullish About Crypto Bitstamp, a major crypto derivatives trading platform, announced the
Chicago is counting on future casino tax revenue to avoid reverting to bad fiscal practices or raising property taxes as it seeks to structurally balance its books, the city’s chief financial officer warned City Council members at a hearing this week. Mayor Lori Lightfoot’s administration last month narrowed a list of five casino development
European gas prices rose by a fifth on Wednesday after Russia’s Gazprom suspended supplies to Poland and Bulgaria, saying the countries had failed to make rouble payments that were due a day earlier. Futures contracts tracking Europe’s wholesale gas price advanced about 20 per cent at €117 per megawatt hour in early trading. Prices are almost seven
Liquid staking has grown in popularity over the past year thanks in part to the launch of the Ethereum beacon chain and the inability of ETH stakers to withdraw their tokens until the full launch of the consensus layer. As a result, Lido (LDO) has established itself as a leader in the liquid staking sector. Lido is