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Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable

American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August.  Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million

African investment entity planned by Egypt as it seeks expanded BADEA funding

Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates

Wealthy House candidates eye payoffs in Florida Republican primaries

More than a dozen House candidates in Florida have poured over $1 million into their campaigns ahead of Tuesday’s primary elections, a CQ Roll Call analysis of fundraising reports shows. The investments — by 14 Republicans running for eight different House seats — come after the GOP-led state Legislature approved a new congressional map this

Man jailed 16 months for concealing more than RM800,000 in share investment belonging to businesswoman

KUALA LUMPUR: A widower who does odd jobs was jailed for 16 months by the Sessions Court here today for dishonestly concealing RM856,000 in share investments belonging to a businesswoman. Judge Azrul Darus handed down the sentence on Fikri Zakaria, 38, to be served from today, after he pleaded guilty to the charge. Fikri was

Six months into Elon Musk’s Twitter takeover — here’s what we know so far about his plan

Six months into Musk’s tempestuous tenure of Twitter and his plan is finally becoming clearer.The controversial billionaire wants to turn Twitter 2.0 into a WeChat-style super app, where people can do everything; from talking to friends to buying groceries. Everything except watch ads. As ever with Musk, advertisers don’t seem to be a top priority.

Months after smacking down NFT bros, The Pokemon Company wants to hire a blockchain expert

Remember when The Pokemon Company said it was "deliberate" about not releasing NFTs? Now it's hiring an NFT expert...

Three months later, Epic is still silent about free ‘Unreal Tournament 3 X’

Remember when I told you how Epic Games accidentally revealed a new version of 2007’s Unreal Tournament 3 that would be completely free on Steam, EGS and GOG with “no microtransactions and no strings attached?” That was three months ago. Unreal Tournament 3 X still hasn’t been announced, and the company still declines to confirm

Eight months post-Roe, reproductive-health privacy is still messy

Data privacy awareness boomed last June when the Supreme Court overturned Roe v. Wade, limiting access to safe, legal abortion. Now, eight months later, privacy experts say not to let your guard down. Legislative bodies have made little progress on health data security. We give up so much data each day that it’s easy to

Final months of 2022 saw highest ever number of bank account switches

Vladimir Gerasimov - stock.adobe More people than ever before switched their current account provider using the government’s switching service By Karl Flinders, Chief reporter and senior editor EMEA Published: 26 Jan 2023 11:51 More people than ever before switched current account providers in the final three months of last year, with 376,000 moving to a

7 Months After Agreed Date of Payment, Stephen Akintayo’s GText Homes Still Holds on to Businessman’s N2.9m

Adeshina Ogedengbe, the founder of POS Technology and Digital Services Ltd., has accused Stephen Akintayo of GText Homes in Lagos of breaching a contract agreement between them by refusing to pay him a balance of N2.9 million. Ogedengbe told FIJ that Akintayo was unwilling to pay him until the Force Intelligent Bureau (FIB) got involved...

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Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable

American investors have reversed course, cashing out of spot Bitcoin exchange-traded funds after a hot run at the beginning of August.  Data from Farside Investors shows that investors pulled over $385 million from the U.S. funds last week. The week before, the funds had received fresh cash every day, bringing in more than $865 million

African investment entity planned by Egypt as it seeks expanded BADEA funding

Egypt plans to establish a new investment entity to coordinate its investments in Africa and is urging the Arab Bank for Economic Development in Africa (BADEA) to expand its backing for continental infrastructure and trade initiatives, Foreign Minister Badr Abdelatty said on Sunday. Abdelatty, who serves as Minister of Foreign Affairs, Emigration and Egyptian Expatriates

Wealthy House candidates eye payoffs in Florida Republican primaries

More than a dozen House candidates in Florida have poured over $1 million into their campaigns ahead of Tuesday’s primary elections, a CQ Roll Call analysis of fundraising reports shows. The investments — by 14 Republicans running for eight different House seats — come after the GOP-led state Legislature approved a new congressional map this

US Treasury Asks For Public Input on Landmark Genius Act Crypto Legislation 

The U.S. Department of the Treasury is moving fast with crypto regulation, with the government body asking for public comment on the landmark GENIUS Act.  In a Monday announcement, the Treasury said that it was welcoming input from stakeholders on a proposed rule that would provide clarity to industry regarding who needs a license to

Hedge Fund Billionaire John Overdeck’s Wife Seeks $6.2 Billion in Divorce Settlement

Eweeeeee!!! The divorce showdown between hedge fund billionaire John Overdeck and his wife Laura Overdeck has intensified, with Laura now demanding a staggering $6.2 billion settlement. The case, unfolding in a Newark courtroom, has been described as the biggest contested divorce in New Jersey history. Laura is asking for 35% of John’s stake in Two