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Toshiba to Go Private after Successful Takeover Bid Worth $13.5B

Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status as a publicly-listed company. Toshiba has officially announced that the JIP-led group now holds 78.65% of the company’s outstanding...

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Alchemy Pay Obtains Money Transmitter License in Arkansas, United States

The issuance of this license, provided by the Arkansas Securities Department, marks a pivotal moment for Alchemy Pay as it is the company’s first Money Transmitter License within the United States. Alchemy Pay, a cryptocurrency payment gateway, has significantly expanded its global presence by securing a Money Transmitter License in the state of Arkansas, United States. With the help of this license, Alchemy Pay will be able to provide the state with a wide array of financial services...

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Mt. Gox Trustee Extends Repayment Deadline to October 2024

The trustee cited the need for additional time to facilitate the rehabilitation process. Defunct cryptocurrency exchange Mt. Gox has yet again postponed its repayment deadline by one year. This significant development was confirmed in a letter shared by Nobuaki Kobayashi, the trustee responsible for overseeing the rehabilitation of the exchange. Initially slated for October 31, 2023, the repayment deadline has been shifted to October 31, 2024, following approval from the Tokyo District...

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Former Alameda Employee Accuses Firm of Causing BTC 87% Price Dip in 2021

The ‘honest’ mistake did eventually cost Alameda some millions of dollars. An individual simply identified as Baradwaj has dropped a bombshell of an accusation on his former employer Alameda Research. According to him, Alameda, which was owned by Sam Bankman-Fried, played a prominent role in the downward spiral of Bitcoin (BTC) that saw its prices plunge over 87% on Binance.US within minutes. This was back in 2021. At the time, BTC’s price dipped to as low as $8,200 from around $65,760,...

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Electric Car Maker Nio Unveils Its Own Smartphone

The new Nio smartphone, though outwardly resembling a conventional mobile device, harbors unique features that make it a game-changer for Nio’s customers. In a surprising and bold move, Nio Inc (NYSE: NIO), the distinguished Chinese electric car brand, has ventured into the world of smartphones. Nio’s CEO, William Li, recently disclosed in an exclusive interview with CNBC that the company anticipates at least half of its users to purchase this innovative Android smartphone. Factors Fueling...

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Smart-Ringe: Wann kommt der Bitcoin-Ring?

Intelligente Ringe enthalten einen NFC-Chip, der sich mit dem Smartphone verbinden lässt. Sie fungieren als Fitness-Tracker, zeichnen diverse Gesundheitsdaten auf, etwa zur Schlafqualität, und können mitunter auch die Steuerung des Smartphones über den Finger ermöglichen. Viele fragen sich ja, ob Samsung noch diesen Herbst einen eigenen Smart Ring auf den Markt bringt oder erst im nächsten Jahr 2024. Sicher ist, Wearables wie Smart Ringe werden bald...

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Crowdfunding in Dubai: Clevere Chancen für Kleininvestoren

Der Markt bietet immer neue Anlagemodelle. Eine Option besteht in Crowdfunding, selbst bei einem geringen Budget lassen sich ordentliche Gewinne erzielen. Der Immobilienmarkt in Dubai rückt dabei in den Fokus. Stake Properties ist eine vielversprechende Adresse, die mehr aus dem Gesparten macht. Immobilieninvestments in Dubai Die Vereinigten Arabischen Emirate (VAE) sind ein bedeutender Öllieferant. Ein Handelsplatz unter den sieben...

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EOS Price Analysis: Technical Indicators Suggest Increase To $0.64

EOS price is eyeing a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.56 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5740 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.62 and $0.64 resistance levels. EOS price is recovering above $0.56 against the US Dollar, like Bitcoin. The price might...

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Litecoin (LTC) Price Analysis: Uptrend Intact Above $62

Litecoin started a downside correction from the $68.25 zone against the US Dollar. LTC price is now trading above $62 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $64.85 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $65.80 resistance. Litecoin price is correcting gains from $68.25 against the US Dollar, similar to Bitcoin....

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Ripple (XRP) Becomes the Top Traded Altcoin on US Crypto Exchanges

The native token of Ripple – XRP – has topped another recent ranking by becoming the most traded alternative coin on US-available cryptocurrency exchanges this year. The asset and its surrounding developments have been among the trendiest topics in the crypto community lately, possibly playing a role in the increased trading volume.  Leaving DOGE and SHIB Behind According to Kaiko’s analyst Dessislava Ianeva, cumulative trade volume in 2023 involving XRP has soared to $30...

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