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Brazil’s X Ban: Are VPN Users at Risk?
September 05, 2024 03:31 PM AEST| By Team Kalkine MediaA panel of the Brazilian Supreme Court upheld a ban on the social media platform X, effectively restricting access for users within Brazil. This decision has sparked a debate about the use of virtual private networks (VPNs) to circumvent the ban.,Fol...
Robinhood Settles for $3.9M Over Blocked Crypto Withdrawals
September 05, 2024 03:30 PM AEST| By Team Kalkine MediaRobinhood Crypto LLC has agreed to a $3.9 million settlement with the California Department of Justice (DOJ) to resolve claims related to restrictions on cryptocurrency withdrawals from 2018 to 2022. This settlement, announced on September 4, represe...
Ashtead Group (LSE:AHT) Expects Rental Revenue Growth in U.S., Canada, and UK in FY24
September 05, 2024 01:07 PM AEST| By Team Kalkine MediaHighlights,In FY24, AHT's U.S. rental revenue increased by 12%, while Canada and the UK saw revenue rises of 10% and 9%, respectively.,Final dividend of 89.25 US cents per share declared; payment pending AGM approval.,Ashtead Group PLC,(LSE: AHT),is...
Chapel Down Slumps as CEO Exits and Profits Decline
September 05, 2024 03:05 AM AEST| By Team Kalkine MediaOn Wednesday, Chapel Down experienced a significant decline in its share value following the announcement of a leadership change and a decrease in first-half profits and revenue.,Andrew Carter, the company's Chief Executive Officer, has resigned to t...
M&G Reports £1.5B Net Outflows for H1
September 05, 2024 02:58 AM AEST| By Team Kalkine MediaOn Wednesday, M&G PLC revealed a notable shift in its financial performance for the first half of the year, reporting a substantial decline in net inflows and a decrease in profits. For the six months ending 30 June, the asset management firm experie...
Europe Open: Shares Drop as Recession Fears Resurface
September 05, 2024 02:20 AM AEST| By Team Kalkine MediaEuropean stock markets experienced a sharp decline at the opening on Wednesday, driven by mounting concerns over economic growth in the US and China. The pan-European Stoxx 600 index fell by 1% to 514, with major stock exchanges across the region rec...
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London Midday: Stocks Down on US Recession Fears Despite Upbeat UK Data
September 05, 2024 02:07 AM AEST| By Team Kalkine MediaLondon stocks remained under pressure by midday on Wednesday, with the FTSE 100 down 0.6% at 8,247.85. The decline was influenced by disappointing US manufacturing data, which reignited concerns about the state of the US economy, and significant loss...
Starwood Capital to Acquire Balanced Commercial Property in £673M Deal
September 05, 2024 02:06 AM AEST| By Team Kalkine MediaBalanced Commercial Property Trust (BCPT) has agreed to be acquired by private investment firm Starwood Capital in a deal valued at £673.5 million. Under the terms of the agreement, BCPT shareholders will receive 96p per share in cash, representing a...
Service Activity Boosts Eurozone Private Sector in August
September 05, 2024 02:04 AM AEST| By Team Kalkine MediaThe eurozone’s private sector recorded its fastest growth in three months during August, spurred by a stronger performance in the services sector, according to the latest Hamburg Commercial Bank (HCOB) eurozone composite purchasing managers’ index (P...
UK Business Activity Grows at Fastest Pace Since April
September 05, 2024 01:56 AM AEST| By Team Kalkine MediaBusiness activity in the UK surged in August, reaching its highest level since April, according to a survey released on Wednesday. The S&P Global purchasing managers' index composite output index increased to 53.8, up from 52.8 in July.,The services...
Bitcoin Price Targets Reach $50K Amid Nvidia Crash Impacting Nikkei and Gold
September 04, 2024 11:20 PM AEST| By Team Kalkine MediaBitcoin (BTC) has experienced significant declines, approaching monthly lows of under $56,000 as of September 4, following a broader downturn in risk assets linked to the U.S. tech sector.,BTC/USD dropped to a low of $55,602 on Bitstamp, a level not...
Scammers Exploit Solana Wallets to Burn Tokens
September 04, 2024 11:19 PM AEST| By Team Kalkine MediaScammers have recently devised a new method to defraud Solana users by burning their tokens shortly after purchase. Reports indicate that users are seeing their newly acquired tokens disappear from their wallets within seconds of the transaction.,Slo...
Trader Transforms $5K into $670K with Ethervista, Rival of Ethereum Pump
September 04, 2024 11:18 PM AEST| By Team Kalkine MediaA crypto trader has made headlines by turning a $5,000 investment into $670,000 within just two days, thanks to the explosive rise of the Ethervista (VISTA) token. The token, native to the new decentralized exchange (DEX) and token minting marketplac...
Japan's Finance Regulator Advocates for Reduced Crypto Taxes in 2025
September 04, 2024 11:17 PM AEST| By Team Kalkine MediaJapan’s Financial Services Agency (FSA) has unveiled a plan to revise the nation’s tax code for the fiscal year 2025, with significant changes proposed for the taxation of cryptocurrency assets. The FSA's new request, released on August 30, suggests...
Penpie Hacker Launders 26% of $27M Stolen Funds in 12 Hours
September 04, 2024 11:17 PM AEST| By Team Kalkine MediaA hacker who stole $27 million from the Penpie protocol on September 3 has laundered approximately $7 million of the stolen funds through the crypto mixer Tornado Cash within just 12 hours. The breach highlights significant security risks in decentra...
Bitcoin's Price Lacks Clear Trend as Active Addresses Drop
September 04, 2024 11:16 PM AEST| By Team Kalkine MediaThe number of active Bitcoin addresses has dropped significantly since early 2024, a trend typically observed after Bitcoin's price peaks during previous bull markets. This decline has raised questions about Bitcoin’s future price movements and marke...
Polygon's MATIC Upgraded to POL, Enhancing Token Utility
September 04, 2024 11:15 PM AEST| By Team Kalkine MediaPolygon has executed a significant upgrade to its native cryptocurrency, transforming MATIC into the new Polygon Ecosystem Token (POL). This shift, effective September 4, repositions POL as both the network's gas and staking token, marking a major st...
Indicators Suggest Potential Altcoin Surge in Late 2024
September 04, 2024 11:14 PM AEST| By Team Kalkine MediaAltcoins have faced significant challenges over the first eight months of 2024, but there are signs that a major recovery could be on the horizon.,{Ethereum},(ETH),has struggled recently, trading at its lowest price against Bitcoin (BTC) in nearly th...
Reasons Behind Today's Crypto Market Decline
September 04, 2024 11:13 PM AEST| By Team Kalkine MediaThe cryptocurrency market opened in the red on September 3, with total market capitalization falling by over 1.5% to approximately $2.03 trillion. This decline is largely attributed to disappointing US economic data and a sharp sell-off in the stock...
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Crypto Executives Who Served Time and One Who Evaded Justice
September 04, 2024 11:12 PM AEST| By Team Kalkine MediaThe,{cryptocurrency},industry, known for its financial opportunities, has also been a magnet for fraud and criminal activity. Many prominent figures in the crypto world have faced serious legal troubles, leading to prison sentences. Here’s a look at...
