News
CMA Launches Investigation into Ticketmaster Over Oasis Ticket Sales
September 06, 2024 02:32 AM AEST| By Team Kalkine MediaThe Competition and Markets Authority (CMA) has initiated an investigation into Ticketmaster following the sale of tickets for the highly anticipated Oasis reunion tour. The probe focuses on the company’s controversial use of "dynamic pricing" and wh...
FTSE 250 Movers: WAG Rallies, Ithaca Falls After Ex-Dividend Date
September 06, 2024 02:27 AM AEST| By Team Kalkine MediaWAG Payment Solutions,(LSE:WPS),, trading as Eurowag, confirmed on Thursday that business performance remained on track, despite a significant decline in half-year profits. The freight services fintech reported an 18% increase in total net revenue fo...
FTSE 100 Movers: Vistry Rises on Results, AB Foods Slumps
September 06, 2024 02:13 AM AEST| By Team Kalkine MediaLondon’s FTSE 100 was up by 0.1% at 8,273.84 during afternoon trade on Thursday, with a mix of companies seeing gains and losses across the index.,Among the top performers was housebuilder Vistry, which led the index following the announcement of a £...
Former Mt. Gox CEO to Launch EllipX Crypto Exchange in Europe
September 06, 2024 12:03 AM AEST| By Team Kalkine MediaMark Karpeles, former CEO of the now-defunct Mt. Gox cryptocurrency exchange, is set to launch a new crypto exchange named EllipX in September. Based in Poland, EllipX will initially cater to European users with plans to expand its services globally....
AggLayer to Integrate All Web3, Including Ethereum and Solana, Says Polygon Labs CEO
September 06, 2024 12:01 AM AEST| By Team Kalkine MediaPolygon is advancing its vision of unifying the Web3 ecosystem through its new initiative, AggLayer, which aims to provide comprehensive blockchain interoperability. The AggLayer, an aggregation layer designed to connect disparate blockchain networks...
ZachXBT Criticizes L1 Block Explorers, Calls for Overhaul
September 05, 2024 11:58 PM AEST| By Team Kalkine MediaIn a recent post on X dated September 5, crypto ZachXBT highlighted significant deficiencies in the quality of block explorers across several layer-1 blockchains. His observations underscore the need for substantial improvements in on-chain transacti...
Mastercard Partners to Enable Non-Custodial Crypto Spending
September 05, 2024 11:55 PM AEST| By Team Kalkine MediaMastercard has announced a new partnership with Mercuryo to launch a euro-denominated crypto debit card, marking a significant step in integrating cryptocurrency with traditional financial systems. This collaboration follows a recent pilot with the M...
AMA Recap: IPMB on Making Gold Interest Accessible
September 05, 2024 11:52 PM AEST| By Team Kalkine MediaAs global economic uncertainty continues, gold has experienced a notable resurgence, reaching new highs in August 2024. This uptick in gold prices is prompting renewed interest in the precious metal as a safeguard against economic instability. Blockc...
PMI: UK Construction Sector 'Turns the Corner'
September 05, 2024 11:36 PM AEST| By Team Kalkine MediaIn August, the UK construction sector's recovery continued, according to a recent survey, though the pace of growth moderated. The S&P Global UK construction purchasing managers' index (PMI) registered at 53.6, falling short of the anticipated 54.9 b...
International PPL Declares Interim Dividend as Targeted
September 05, 2024 11:17 PM AEST| By Team Kalkine MediaInfrastructure investor International Public Partnerships (INPP) reported its half-year results on Thursday, announcing a fully cash-covered interim dividend of 4.18p per share. This dividend contributes to the company's full-year target of 8.37p per...
Oriole Resources Turns to First-Half Profit
September 05, 2024 11:09 PM AEST| By Team Kalkine MediaOriole Resources,(LSE:ORR),, an exploration company focused on West and Central Africa, reported a notable turnaround in its financial performance for the first half of the year. The company announced a pre-tax profit of £1.15 million, a significant...
Eurozone Retail Sales Struggle in July
September 05, 2024 10:59 PM AEST| By Team Kalkine MediaRetail sales in the eurozone saw only a modest increase in July, as the recovery remained elusive, according to data released by Eurostat, the European Union’s statistics office. The seasonally-adjusted retail trade volume in the eurozone rose by jus...
Europe Midday: Shares Fall as EZ PMI and Retail Sales Miss Expectations
September 05, 2024 10:54 PM AEST| By Team Kalkine MediaEuropean shares experienced a decline on Thursday as market participants absorbed disappointing eurozone construction and retail sales data, while also preparing for upcoming US non-farm payroll figures.,The pan-European Stoxx 600 index fell by 0.3%...
US Layoffs Surge in August; Hiring Plans Hit Record Low
September 05, 2024 10:45 PM AEST| By Team Kalkine MediaIn August, there was a significant increase in layoff announcements across US companies, according to a recent survey by Challenger, Gray & Christmas. The data revealed that US firms disclosed 75,891 job cuts during the month, nearly tripling the num...
Fed Issues Cease and Desist Order to Texas Bank Over Crypto Services
September 05, 2024 10:02 PM AEST| By Team Kalkine MediaThe United States Federal Reserve has issued a cease and desist order to United Texas Bank, citing “significant deficiencies” in the bank’s risk management systems and interactions with cryptocurrency clients. The order, issued on September 4, follow...
Transitioning Mining Sites to AI Data Centers Presents Challenges: Sabre56 CEO
September 05, 2024 09:59 PM AEST| By Team Kalkine MediaPhil Harvey, CEO of blockchain data center consulting firm Sabre56, has challenged the notion that Bitcoin mining companies can effectively transition into high-performance computing (HPC) and artificial intelligence (AI) data centers as a strategy t...
Political Scientists Debate Impact of Crypto Voting Bloc on Elections
September 05, 2024 09:54 PM AEST| By Team Kalkine MediaRecent polling has shown a notable political preference among cryptocurrency holders, with former President Donald Trump leading Democratic Vice President Kamala Harris by a significant margin. However, the impact of this so-called “crypto vote” on t...
Political Scientists Debate Impact of Crypto Voting Bloc on Elections
September 05, 2024 09:53 PM AEST| By Team Kalkine MediaRecent polling has shown a notable political preference among cryptocurrency holders, with former President Donald Trump leading Democratic Vice President Kamala Harris by a significant margin. However, the impact of this so-called “crypto vote” on t...
Bitcoin DeFi TVL Expected to Surpass Ethereum’s Within 2 Years
September 05, 2024 09:52 PM AEST| By Team Kalkine MediaBrendan Sedo, a core contributor at Bitcoin sidechain Core DAO, has projected that significant capital from the Bitcoin ecosystem is likely to flow into sidechains and decentralized finance (DeFi) applications in the near future. According to Sedo, t...
WIF Open Interest Rises 16% as Trader Warns of Unpreparedness for Reversal
September 05, 2024 09:49 PM AEST| By Team Kalkine MediaInterest in Solana-based memecoin,{Dogwifhat},(WIF),has surged recently, with significant developments in both trading volume and market analysis. Since August 31, open interest in Dogwifhat futures has risen by 16%, reaching $231.48 million, accordi...