Markets

Siemens Energy CEO Christian Bruch said that “too much had been swept under the carpet” concerning Siemens Gamesa. Shares of Siemens Energy declined 35% earlier today as the company discarded its profit prediction and mentioned lasting wind turbine issues. Following a review of concerns at its subsidiary Siemens Gamesa, the company announced its findings of a “substantial increase in failure rates of wind turbine components”. However, its shares plunged as the market reacts to the...

Kendall Day led the department’s efforts to combat money laundering, including dealing with charges related to money laundering, deferred prosecution agreement, etc. Amid its ongoing legal fight with the US Securities and Exchange Commission (SEC), crypto exchange Binance has hired a former white-collar prosecutor of the Department of Justice (DoJ), as per the court filing on Thursday, June 22. M. Kendall Day, a partner at Gibson Dunn & Crutcher’s Washington DC office, will serve as...

There is a recorded plunge in business activity as Europe reels from rising inflation and a consistent increase in interest rates. Business activity in Europe is waning as the region suffers slow economic growth. Recent data shows that the euro zone’s flash composite Purchasing Managers’ Index (PMI) fell from 52.8 in May, to 50.3 in June. Although analysts had predicted 52.5, any score above 50 represents growth, while scores less than 50 points to shrinkage. In a conversation with...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up There are many people out there that simply associate blockchain with crypto and digital currencies, but it works quite well when performing transactions and other activities pertaining to real estate. Real Estate Is the Way to Go In America, real estate has always been king. It’s often said that if you can buy...

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...

Binance und die US-Börsenaufsichtsbehörde Securities Exchange Commission haben nun eine Einigung in Bezug auf das von der SEC vorgeschlagene Einfrieren von Vermögenswerten von Binance erzielt. Damit soll sichergestellt werden, dass diese Vermögenswerte innerhalb der USA bleiben – eine Entscheidung, die bis zu einem endgültigen Urteil zur Klage der SEC aufrecht bleibt. 2,2 Milliarden Dollar an US-Kundengeldern Es stehen rund 2,2 Milliarden Dollar an...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash started a strong increase above the $115 and $120 levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $133.00 on the 4-hour chart of the BCH/USD pair (data feed from...

Binance’s U.S. subsidiary has challenged claims from the Securities and Exchange Commission (SEC) that the company mismanaged user assets as “misleading.” In a motion filed on Wednesday, the exchange pointed to contradictory statements from the regulator suggesting that customers’ assets have not, in fact, been transferred outside of the United States. The SEC’s Conflicting Statements In screenshots from a Wednesday filing later shared by Binance CEO Changpeng Zhao (CZ),...

“For those operating in the blockchain space, it’s crucial to focus on growth and adoption, both at the retail and institutional levels,” noted Zatoshi. Let us introduce Zachari Saltmer, the influential co-founder of One Big Fund, affectionately known in his circles as Zatoshi. As a seasoned trader and venture capitalist, his insights have had a profound impact in the arena of crypto markets, particularly with innovations such as BRC-20 and ERC-6551. As we set foot into the next cycle of...

The partnership between Atriv and Flare creates ease for all digital artists and creators looking to issue NFTs and tokenize their creations. Artificial intelligence (AI) digital art platform Atriv has announced a partnership with the Flare blockchain to provide the network with Atriv’s no-code NFT platform. The partnership aims to create a free market where collectors and digital artists can easily create art and tokenize their creations. Atriv’s NFT platform uses artificial intelligence...