Crypto Market Recovers 133 Billion In A Week Regaining 16 Of Its Capitalisation

Interestingly, the increase in the value of the crypto market capitalization comes at a time when there are fears that the industry is in the midst of a cryptocurrency winter. Despite this, the total value of the global cryptocurrency market cap increased by more than 3.3% over the past day. Furthermore, over the past week, it climbed from $832 billion on June 18 to $965 billion on June 25, representing a $133 billion increase and an overall rise of 15....

January 28, 2023 · 2 min · 324 words · Fred Partridge

Current Inflation Won T Impact Real Estate Like 2008 Says Asset Manager President

Speaking to Kitco news, Hill noted that investors intending to put their money in real estate should proceed but cautiously. According to Hill, the high-interest rates arising from an inflationary environment will unlikely lead to the financial crisis experienced in 2008. He stated that the variable interest rate was responsible in 2008, an aspect that does not exist at the moment. However, Hill warned that there is a possibility of the real estate sector correcting....

January 28, 2023 · 2 min · 334 words · Margaret Perkins

Delta Air Lines Stock Is Flying High After Earnings As Analysts Predict More Upside

The company showed lower than expected losses for the first quarter of 2022 with revenues actually beating expectations. Total adjusted operating revenues were $9.35 billion with an adjusted loss per share of $1.23 compared to a profit of 96 cents in the March quarter of 2019. Ed Bastian, Delta’s CEO noted: Stock performance and analysts’ predictions Bouncing off of the March lows the stock covered a lot of ground in just one month, with over 27% to the upside....

January 28, 2023 · 2 min · 394 words · Sergio Vito

Discord Acquires Ar And Video Chat Startup Ubiquity6 For An Undisclosed Price

Anjney Midha, CEO of Ubiquity6, announced the acquisition in a Medium post on Monday morning, stating that his team will assist Discord in unlocking “shared experiences for 150M+ people.” The augmented reality company had acquired $37.5 million from a group of elite investors, including Benchmark, First Round, Kleiner Perkins, and Google’s Gradient Ventures. The firm’s most recent round of investment was a $27 million Series B round in October of 2018, which financiers hoped would build a consumer-facing platform for hosting augmented reality content, according to TechCrunch....

January 28, 2023 · 2 min · 352 words · Ashley Heredia

Displaying A Gif During Iframe Loading Using Jquery

There are many ways to accomplish this. In this tutorial, we are going to look at one of the ways to do this using jQuery. This tutorial simply covers how to display an animated image while loading the iframe content. Example In the code below we have included the HTML, CSS, and JavaScript/jQuery in the same page. Of course, in practice, we would separate the CSS into its own style sheet as well as move the JavaScript/jQuery code to its own external file....

January 28, 2023 · 1 min · 145 words · Cindy Moss

Do Not Use Recursion Vs Disable Recursion

These two settings are “Do not use recursion for this domain” found in the Forwarders tab and “Disable Recursion” found in the Advanced tab. Let’s take a look at these settings in more detail. Do not use recursion for this domain (Windows 2000/2003) Enabling this setting will specify that this DNS server does not attempt any further recursion if the forwarders fail in resolving the query. Normally, if the forwarders fail, your DNS server will then use the root hints available in attempts to resolve the query prior to giving up....

January 28, 2023 · 2 min · 413 words · Florence Garcia

Dogecoin All Time Miner Revenue Hits 1 Billion Milestone Finbold

Notably, on November 13, 2021, total all-time miner revenue surpassed $1 billion for the first time, as cryptocurrency miners continued to reap the benefits of the popular memecoin cryptocurrency. Dogecoin has seen a significant increase in mined income this year, with the total amount presently standing at $1.08 billion as of the latest data recording from the site on December 9. The chart above reveals the sum of USD value of all miner revenue, including fees and newly issued native units....

January 28, 2023 · 2 min · 347 words · Howard Monge

Dubai Police Force Becomes First To Offer Virtual Services In The Metaverse

In this line, the Ajman Police in Dubai became the first law enforcement agency in the world to provide its services inside the metaverse, according to a report published by posted local news outlet Khaleej Times on October 16. During Gitex Technology Week, the Ajman Police General Command introduced a new innovative service called “Request for Sponsorship,” which enables the general public to contact the police remotely. Ajman Police General Command Officers were also present at the Dubai Metaverse Forum....

January 28, 2023 · 3 min · 483 words · Oscar Eisentrout

Elkstone Sets Up A New 100 Million Fund To Invest In Irish Startups

Amounts invested via the fund will vary between €1 million and €2 million, with money anticipated to provide a significant boost to startups in a wide variety of businesses that are attempting to expand across the Emerald Isle. Elkstone founder Alan Merriman said the decision to grow the fund occurred after the business saw the potential of the early-stage industry and sought to capitalize on it, in an interview with The Irish Times....

January 28, 2023 · 2 min · 313 words · Luke Poux

Elon Musk Says Tesla Stock Is Overvalued But Worth More In Five Years

Musk has repeated his earlier stance despite a massive share price gains in the past couple of months. In May, he had tweeted that Tesla shares are highly-priced. The shares fell almost 10% on that day. The chief executive officer says he not concerned about the stock performance. Instead, Tesla is focusing on achieving sustainable volume and cash flow growth, which the majority of companies in the car manufacturing industry failed to do....

January 28, 2023 · 1 min · 146 words · Stefanie Garcia

Elon Musk Sued By Twitter Shareholder For Failing To Disclose Stake Influencing Stock Price

According to the lawsuit papers, Musk was obligated by federal law to inform the US Securities and Exchange Commission (SEC) within ten days after acquiring a 5% interest in Twitter. The Tesla CEO had been buying shares since January and had purchased 5% of the company by March 14, which meant he had to inform the SEC by March 24. Most persons who acquire a stake of 5% or more in a corporation are required to report their ownership in a Schedule 13G filing within ten days after the transaction, according to SEC guidelines....

January 28, 2023 · 2 min · 361 words · Ruth Short

Elon Musk Targets Battery Capacity Jump By 50 In Four Years Finbold

Musk tweeted ahead of Tesla’s ‘Battery Day’: Researchers at Reuters say that the energy density of Panasonic’s (6752.T) “2170” batteries used in Tesla’s Model 3 is almost 260Wh/kg. Thus, 400 Wh/kg translates to a 50% increase from the current energy density which is important to achieving a longer driving range. Tesla confirmed that its Battery Day will happen on the same day as its 2020 annual meeting of shareholders scheduled to take place on September 22....

January 28, 2023 · 2 min · 273 words · Todd Maybee

Ethereum Is Currently The Most Actively Developed Crypto Polkadot Ranks 2Nd

In particular, Ethereum (ETH) ranks top among the projects with the most development activity in the last 30 days at 401, according to data provided by blockchain analytics platform Santiment on August 22. Elsewhere, open-source blockchain Polkadot (DOT) and Kusama (KSM) rank second and third, respectively, each recording 400 development activities. Cardano (ADA) lies in the fourth spot with 389 projects, while Status caps the top five spot at 324....

January 28, 2023 · 2 min · 358 words · Ernest Frey

Europe S Electric Vehicle 2022 Sales Grow In Q3 Despite Economic Challenges

In particular, data acquired and calculated by Finbold on November 29 indicates that as of Q3 2022, the total number of Battery Electric (BEV) and Plug-in Hybrid Electric (PHEV) new passenger vehicles registrations in Europe stood at 571,377. The value represents a quarterly increase of about 1.98% from Q2’s value of 560,266. During the first three months of the year, the region recorded registration of 562,276 units. A breakdown of the car types indicates that BEVs stood at 355,336 in Q3, slightly increasing from Q2’s figure of 322,144....

January 28, 2023 · 4 min · 781 words · Nicole Bishop

European Union Plans To Combat Counterfeiting With Nfts By 2023

The Intellectual Property Office of the European Union will be responsible for designing the system that has been suggested, which is the culmination of almost five years of labor. In a document that was released at the start of September, the group states that they have already decided on a high-level architecture for this project, and it defines the broad strokes of how the system would function. The owners of intellectual property (IP) will issue digital tokens, (twin NFTs,) to demonstrate that a set of manufactured goods are genuine....

January 28, 2023 · 2 min · 393 words · David Fleury

Ex Celsius Ceo S Wife Cashed Out 2 Million In Crypto Before Bankruptcy Documents Reveal

Indeed, Kristine Mashinsky, the wife of ex-Celsius CEO Alexander Mashinsky, appears to have withdrawn over $2 million in the CEL token on May 31, just before the suspension of withdrawals in June and bankruptcy filing in July, as shown by the latest court filing uploaded by Gizmodo and reported on October 6. Millions withdrawn while clients were kept in the dark As Finbold earlier reported, Mashinsky and former Chief Strategy Officer Daniel Leon allegedly removed the cash in Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and Celsius (CEL) tokens from custody accounts, as detailed in a Statement of Financial Affairs submitted on October 5....

January 28, 2023 · 2 min · 310 words · Elbert Hamilton

Expect Tighter Oil Market In 2022 Says Goldman Sachs Head Of Commodities

Speaking during an interview on CNBC, Currie stated that a combination of factors, including years of poor returns and Environmental, Social, and Governance (ESG) issues, will likely translate to worry among investors when approaching the oil market. According to Currie, the market is further complicated by the high volatility that appears to worsen amid emerging coronavirus variants. He notes that the circumstances deprive the market the much-needed capital. Furthermore, Currie believes that policy-related factors are likely to work against the oil market....

January 28, 2023 · 1 min · 199 words · Glenda Paul

Fbi Warns Fake Crypto Apps Cost Investors Up To 43 Million

In particular, the agency noted that it had identified 244 victims who lost approximately $42.7 million to the fake crypto app scam in a Private Industry Notification published on July 18. One notable incident occurred between December 22, 2021, and May 7, 2022, where cybercriminals defrauded at least 28 victims of approximately $3.7 million. Elsewhere, between October 4, 2021, and May 13 2022, a criminal operating under the company identified as YiBit1 defrauded at least four victims of approximately $5....

January 28, 2023 · 2 min · 255 words · Mark Tarter

Former Fbi Intelligence Analyst Warns North Korean Crypto Hacking To Get Worse

Nick Carlsen, a blockchain analyst at TRM Labs and a former FBI analyst, warned that cybertheft is “going to get worse” during a panel discussion on cyber-enabled crimes for the Center for a New American Security (CNAS) which took place on August 9, 2022. Carlsen stated that the threat landscape is at its peak with financial fraud and that: In particular, the discussion between the US and South Korea was part of a strategy for enhancing cooperation on combating cyber-enabled financial crime, with a focus on cryptocurrency and blockchain technology, and the rise of cyber activity in North Korea....

January 28, 2023 · 2 min · 353 words · Israel Hardison

Future Trends Chair Bitcoin To Mature In A Decade But Expect Mega Changes Within 5 Years

Speaking to Kitco News, Kamalabadi suggested that the maiden cryptocurrency’s maturity will be long-term guided by factors like adoption and value increase. According to Kamalabadi, maturity will be attained once Bitcoin continues to integrate with the traditional financial sector. He notes that based on Bitcoin’s limited supply and projected value increase, the crypto will gradually give way to what he termed as ‘digital financial asset,’ which will be a crucial indicator of maturity....

January 28, 2023 · 1 min · 202 words · Maria Middleton