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04/12/2024

Dogecoin is believed to surge significantly in the ongoing market cycle to new levels due to past trends, with each cycle’s performance bigger than the previous one. As the community awaits the rally, a crypto analyst has highlighted several exit points for investors in order to prevent substantial losses
With Dogecoin showcasing potential for a huge leg-up this bull cycle, determining an ideal entry and exit point is crucial to navigate incoming volatility. As a result, Trader Tardigrade, a market expert and trader, has offered investors critical navigation advice by outlining key profit-taking areas for DOGE.

This cautionary post comes in light of heightened attention toward Dogecoin among traders and investors, with its recent upside price momentum attracting large capital inflows. Furthermore, the robust optimism from these investors reinforces DOGE’s position as the leading meme coin in the crypto asset market.

Dogecoin is believed to surge significantly in the ongoing market cycle to new levels due to past trends, with each

03/12/2024

DTX Exchange, a smart new technology, is set to outpace Shiba Inu by leveraging its blockchain and massive growth potential.

Financial News and Information

03/12/2024

Moscow has approved a €300mn deal to sell the Russian assets of Danish brewer Carlsberg to a local company, according to government documents seen by the Financial Times. Russia took control of Carlsberg’s subsidiary Baltika Breweries in July 2023 and placed the company under “temporary management”. In October that year, Carlsberg said it had written off the business and accused the Russian government of having “stolen” Baltika. The Kremlin put tight restrictions on Western companies that wished to leave the Russian market following the full-scale invasion of Ukraine, often refusing to approve foreign asset sales unless offered sharp discounts.The government document shows that Baltika will be sold to VG Invest for Rbs34bn roubles (€300mn). In a statement on Tuesday, Carlsberg said that it would receive cash as part of the deal, but did not specify how much.

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Moscow has

02/12/2024

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital LLC, a crypto mining company, and its managing member Eng Taing over multiple securities law violations. The US securities regulator claims the defendants allegedly deceived investors and misappropriated funds to the tune of $115 million.

SEC Vs. Touzi Capital And Eng Taing
In a litigation release on November 29, the SEC stated that Taing and Touzi Capital offered investors unregistered securities in the form of digital asset mining investment shares from 2021 to early 2023. The defendants raised approximately $95 million from over 1,200 investors by promoting these securities as an opportunity to fund a crypto-mining operation.
However, the commission explains that Touzi Capital mismanaged these funds, some of which were diverted into unrelated business or spent on personal expenses of Eng Taing.

The US Securities and Exchange Commission (SEC) has filed a lawsuit against Touzi Capital LLC, a crypto mining company, and

02/12/2024

OpenAI is discussing plans to introduce advertising to its artificial intelligence products, as the ChatGPT maker seeks new revenue sources as it restructures as a for-profit company.Sarah Friar, chief financial officer at OpenAI, told the Financial Times in an interview that the $150bn AI start-up was weighing up an ads model, adding that it planned to be “thoughtful about when and where we implement them ”.The San Francisco-based group, which in October secured $6.6bn in new funding, has been hiring advertising talent from big tech rivals such as Meta and Google, according to multiple people familiar with the matter and an FT analysis of LinkedIn accounts. In a statement following the interview, Friar added: “Our current business is experiencing rapid growth and we see significant opportunities within our existing business model.

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.OpenAI is

01/12/2024

We may earn a commission from links on this page.Deal pricing and availability subject to change after time of publication. Consoles, games, and accessories are among the millions of products on sale for Black Friday this year. If you're interested in the best tech on sale today, see our best Black Friday tech deals page for a broader view of all the best discounts you can get right now. Prices are accurate as of the time of writing, but you can expect them to fluctuate and inventory to sell out, so you may not want to hesitate if you see a sale that grabs you.Black Friday is a great time to shop for video games, whether as gifts or for yourself. Right now, there are sales on all sorts of games, consoles, and gaming-related accessories, whether you prefer to play on Xbox, Switch, PlayStation, PC, or even a smartphone.

We may earn a commission from links on this page.Deal pricing and availability subject to change after time of publication.

01/12/2024

Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. The indictment is the second major crisis to hit Adani in just two years, sending shockwaves across India and beyond. One Indian state is reviewing a power deal with the group, France's TotalEnergies (EPA:) decided to pause its investments and political rows over Adani have disrupted India's parliament. "Less than two weeks back, we faced a set of allegations from the U.S. about compliance practices at Adani Green Energy (NS:). This is not the first time we have faced such challenges," Adani said in a speech at an awards ceremony. U.S. authorities have accused Gautam Adani, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S.

Adani Group founder Gautam Adani responded for the first time on Saturday to allegations

29/11/2024

Analysts say the Shiba Inu price rally may end up coming to nothing as a fierce competitor, WallitIQ, attempts a 7,500% price surge, drawing away investors.
Recently, there have been exciting predictions about a rally for Shiba Inu. However, analysts have announced that the Shiba Inu price rally faces an impending competitor WallitIQ (WLTQ), widely dubbed the “Dogecoin killer.” As this Dogecoin killer heads towards a staggering 7,500% rally, analysts say enthusiasm for the Shiba Inu rally is waning as investors rush towards the WallitIQ presale.
Shiba Inu is currently trading around $0.000024, with active market participation. Considering the recent surge in the Shiba Inu burn rate and bullish technical patterns, experts predict an incoming surge in the Shiba Inu price.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes

29/11/2024

Attackers are targeting Magento e-commerce websites with a new card-skimming malware that can dynamically lift payment details from checkout pages of online transactions. The attack, discovered by a researcher from Web security firm Surcuri, comes as online retailers and shoppers are priming for this week's historically busy Black Friday online shopping day.Sucuri security analyst Weston Henry discovered the attack in the form of a malicious JavaScript injection, which has multiple variants and target sites built on the popular e-commerce platform in two different ways, according to a blog post published on Nov. 26.One way is by creating a fake credit card form to steal card details, the other is by extracting the data directly from the payment fields. "Its dynamic approach and encryption mechanisms make it challenging to detect," Sucuri security analyst Puja Srivastava explained in the post.

Attackers are targeting Magento e-commerce websites with a new card-skimming malware that can dynamically lift payment details from checkout pages

28/11/2024

New York City is one of the best places to travel in December, and not just because of Christmas. There are tons of things to do in NYC for New Year's Eve. There's the ball that will be dropping—find our advice on where to watch it here. But Times Square, which is best avoided year-round, is especially treacherous terrain on New Year's Eve. The Ball Drop is visually splendid, sure, but its several seconds' drop doesn't lose its luster when watched on television from any number of more fabulous, comfortable parties happening around the city. Hotels are common hosts, with fabulous lounges and bars ready-made for a soirée. Exhilarating options also include a city cruise and a run through Central Park that gets going right when the clock strikes midnight. All of this to say, ringing in 2025 in the city can be done more ways than one. Read on to find the best New Year's Eve parties in New York City.Avery Ponce/Bar Blondeau at the WytheBar Blondeau at the WytheWhen: December 31, 9:00 p.m.

New York City is one of the best places to travel in December, and not just because of Christmas. There

28/11/2024

Around 150,000 pension credit claims have been submitted in just 16 weeks since Rachel Reeves announced Winter Fuel Payments will be means-tested.The number of applications jumped 145 per cent following the statement - up from 61,300 applications made in the 16 weeks prior to the announcement, official data shows.Tom Selby, director of public policy at AJ Bell, said: 'Rachel Reeves' decision to means-test the Winter Fuel Payment has caused fury among retirees and campaigners with the benefit, worth up to £300, now only available to low-income pensioners who qualify for pension credit top-ups.'The decision to means-test the Winter Fuel Payment means it's even more important those who could qualify for pension credit make a claim.'According to the Department for Work and Pensions, of the 161,800 pension credit claims cleared since April this year, just 81,000 were granted, with a similar number being turned down.

Around 150,000 pension credit claims have been submitted in just 16 weeks since Rachel Reeves announced Winter Fuel Payments will

27/11/2024

Symbotic disclosed that the error, related to cost overruns that are not billable on certain deployments, has affected its system revenue calculations and financial results for the year.
“...The company requires additional time to complete its assessment of the financial impacts of correcting an error related to system revenue recognition and the impacts of that error on internal controls over financial reporting.”
The company’s shares plummeted 24% in premarket trading.

Shares in Symbotic Inc fell sharply Wednesday after the company said it would not meet the deadline

27/11/2024

A US-brokered ceasefire between Israel and Hizbollah appeared to be holding on Wednesday morning, raising hopes that some of the more than 1mn Lebanese civilians displaced by the conflict would be able to return home.The deal, which took effect at 4am local time, was described by US President Joe Biden as “designed to be a permanent cessation of hostilities”.Thousands of evacuated residents attempted to return to their homes in Beirut’s bombed-out southern suburbs on Wednesday, as the Lebanese government gave its official backing to the ceasefire“Today we begin the process of rebuilding what was destroyed,” said Lebanon’s Prime Minister Najib Mikati.

A US-brokered ceasefire between Israel and Hizbollah appeared to be holding on Wednesday morning, raising hopes that some of the

26/11/2024

The Premium Bonds prize fund rate will be slashed from the January 2025 draw, National Savings and Investments has announced.The prize fund rate, which represents the average return a Premium Bonds saver would get in a year, is being cut to 4 per cent from 4.15 per cent.It comes as just a month after NS&I announced it would cut the prize fund rate to 4.15 per cent in a blow to savers.The odds of winning a Premium Bonds prize will remain at 22,000 to 1. They lengthened from 21,000 to 1 when NS&I announced the prize fund rate was being cut to 4.15 per cent. Instead of paying a monthly or annual interest rate, Premium Bonds holders have the chance to win monthly prizes from £25 all the way up to £1million.

The Treasury-backed savings bank also cut the prize fund rate last monthBy HELEN KIRRANE Updated: 08:03 EST, 26 November 2024

26/11/2024

US Bitcoin ETFs saw massive outflows of $435 million as Bitcoin's price fell below $93,000. MicroStrategy made its largest Bitcoin purchase ever, acquiring 55,500 BTC worth $5.4 billion.
US Bitcoin ETFs faced massive outflows on Monday amid Bitcoin’s retreat below $93,000.The eleven spot Bitcoin ETFs collectively saw net outflows totaling $435 million, with only BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Mini Trust (BTC) attracting inflows.According to data from Farside Investors, IBIT captured approximately $268 million in net inflows, while BTC took in $400,000.Bitwise’s Bitcoin ETF (BITB) and Grayscale’s Bitcoin Trust (GBTC) faced substantial investor withdrawals.

Key Takeaways US Bitcoin ETFs saw massive outflows of $435 million as Bitcoin's price fell below $93,000. MicroStrategy made its

25/11/2024

Air New Zealand's persistent engine issues further bit into its bottomline, as it forecast lower earnings for the first half of financial year 2025, as global engine maintenance delays caused aircraft availability issues, the airline said on Monday. New Zealand's flagship carrier expects its earnings before taxation in the first half ending Dec. 31 to be in the range of NZ$120 million ($70.15 million) to NZ$160 million, compared with NZ$185 million it had reported a year earlier. However, the company's projected forecast will be much higher than its second-half earnings of financial year 2024. The firm had reported a pre-tax profit of NZ$37 million in the second half of 2024. Shares of the airline gained as much as 2.8% to NZ$0.550, hitting its highest level since Sept. 13, while the broader benchmark index traded up 0.3% as of 0002 GMT. The Auckland-based carrier said last year's engine maintenance issues had dented its 2025 prospects as well.

By Rajasik Mukherjee (Reuters) - Air New Zealand's persistent engine issues further bit into its bottomline, as it forecast lower

25/11/2024

Australia, with the world’s most significant number of crypto ATMs, seeks advice from an international organization on implementing crypto taxation.
The Organization of Economic Cooperations and Development (OECD), which has invented taxation on digital assets framework, was asked by the Department of Treasury to share input by next January.
The input of the consultations has focused on comparing two options of crypto taxation: implementing the OECD’s Crypto Asset Reporting Framework (CARF) into their law or customizing the policy approach.

CARF is a taxation transparency framework for the international authorities to collect tax-related information from the providers, including crypto-asset purchases and specific consumer data for $50k above transactions. Tax authorities could also share the information with other authorities to gain related information.

Australia, with the world’s most significant number of crypto ATMs, seeks advice from an international organization on implementing crypto taxation.

24/11/2024

Two Python packages claiming to integrate with popular chatbots actually transmit an infostealer to potentially thousands of victims.Publishing open source packages with malware hidden inside is a popular way to infect application developers, and the organizations they work for or serve as customers. In this latest case, the targets were engineers eager to make the most out of OpenAI's ChatGPT and Anthrophic's Claude generative artificial intelligence (GenAI) platforms. The packages, claiming to offer application programming interface (API) access to the chatbot functionality, actually deliver an infostealer called "JarkaStealer.""AI is very hot, but also, many of these services require you to pay," notes George Apostopoulos, founding engineer at Endor Labs.

Two Python packages claiming to integrate with popular chatbots actually transmit an infostealer to potentially thousands of victims.Publishing open source

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