Over 40 New Challenger Banks Emerged In The Last Year Globally Despite Economic Meltdown

In particular, data acquired by Finbold indicates that as of October 2022, Europe was home to 97 challenger banks, the highest number worldwide, representing a growth of 27.63% from 76 recorded in October 2021. Elsewhere, North America and South America accounted for 73 and 57 challenger banks, respectively, a 15.87% increase. The Asia-Pacific region has 47 banks, while the Middle East and Africa accounted for the least share of challenger banks at 17 although the region recorded the highest annual growth at 30....

January 3, 2023 · 4 min · 714 words · Eugene Matthews

Recent Bitcoin Volatility Is A Recurring Macro Trend Ava Labs President Suggests

Speaking to TD Ameritrade Network, Wu singled out prolonged concerns about a possible spike in inflation rates as the primary catalyst for the correction. He notes that besides bitcoin and the entire crypto sector, high-tech stocks have also been hit by inflation worries. According to Wu, the correlation in all asset classes results from institutional investors joining the crypto market. He said that investors now have options in both sectors....

January 3, 2023 · 2 min · 321 words · Arturo Jacobsen

Roku Drops By 25 In After Hours Trading Due To Q2 Earnings Miss

The company posted $764.4 million in revenue, growing by 18.5% year-on-year (YoY), while analysts expected a 25% growth; thus missing estimates by $40.2 million. Further, the earnings per share (EPS) was -$0.82, missing estimates by $0.13. Other highlights included platform revenue rising by 26% YoY to $673 million and gross profit being up by 5% YoY. ROKU chart and analysis Both the short-term and long-term trends for ROKU are negative as the stock traded between $64....

January 3, 2023 · 2 min · 268 words · Daisy Christensen

Russia S Wealthiest Man Eyes Private Crypto And Blockchain Platform Launch Finbold

The venture, dubbed Atomyze, launched on February 25 in test mode. Nornickel, Potanin’s mining and smelting firm, will lead in issuing tokens on the platform. Nornickel is one of the world’s top producers of palladium, platinum, nickel and copper. The Atomyze platform is designed to speed up transactions and support surplus supply trading. Also, it is designed to cut back on the red tape required for interactions between businesses and customers....

January 3, 2023 · 2 min · 219 words · Stacy Vaughan

Sbi Ceo Confirms Ripple S Potential Relocation To Japan Finbold

Ripple’s impending move to Japan is due to what has been termed as regulatory ambiguity in the US. According to Ripple CEO Brad Garlinghouse, the US has not been clear on whether cryptocurrencies are a commodity, a currency, a property, or security. In a previous interview, Garlinghouse pointed out that Ripple was looking at Japan as a possible destination. He noted that consultations were already in place with SBI to establish headquarters in the country....

January 3, 2023 · 2 min · 226 words · Alicia Janus

Sec Charges Israeli Binary Options Trading Firm For Defrauding U S Investors 100 Million

A press release from the U.S. regulator indicates that the company’s two executives, identified as Malhaz Pinhas Patarkazishvili (Pini Peter) and Ran Amiran, were also charged. According to SEC, Spot Tech House offered customers a potentially profitable short-term investment opportunity. However, in real sense, the company rigged trading and refused to make payouts to users. Spot Tech, formerly known as Spot Option, deployed several salespeople who fleeced investors most or all of their money....

January 3, 2023 · 2 min · 248 words · Anthony Gibbs

Shib Doge Xrp Among Crypto S Top Undervalued Assets Data Shows

Specifically, Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Dogecoin (DOGE), Polygon (MATIC), Shiba Inu (SHIB), Uniswap (UNI), and Chainlink (LINK) are all in the undervalued category, as per the data shared by the crypto analytics platform Santiment on January 20. Lower or higher risk? According to the platform’s analysis of the top assets’ average returns, the above cryptocurrencies are deemed lower-risk investments, recording a decline in average addresses in the long term, which indicates that there is still “a lot of ‘meat on the bone’ to make up for 2022 losses....

January 3, 2023 · 2 min · 243 words · Ronald Mckeown

Shib Adds Over 30 000 New Holders In A Month Despite Sluggish Performance

Over the course of a month, the dog meme cryptocurrency had attracted more than 30,000 investors as interest has returned to the digital asset. Data acquired and calculated by Finbold shows that there were 1,139,421 holders of the token on April 27 compared with 1,169,989 on May 26, representing a total increase across this time frame of 30,568, as per CoinMarketCap statistics. On March 17, there was a sudden and significant drop in the total number of unique addresses on the network that held the dog meme currency, resulting in a loss of 32,832 holders in a single day....

January 3, 2023 · 2 min · 353 words · Scott Horn

Shiba Inu Shib Is The 3Rd Most Watched Cryptocurrency In 2022 Report

According to the data acquired by the world’s largest crypto exchange Binance, Shiba Inu is among the top three most watched cryptos in 2022, placing it in the company of the largest digital assets by market capitalization – Bitcoin (BTC) and Ethereum (ETH), as the crypto exchange stated in a tweet on December 18. Interest continues to grow At the same time, SHIB has assumed the position of the fifth most viewed cryptocurrency over at CoinMarketCap in the previous 24 hours, preceded only by Bitcoin, BNB, Ethereum, and Terra Classic (LUNC)....

January 3, 2023 · 2 min · 308 words · James Ross

Shiba Inu Is The Most Used Non Stablecoin Token On Eth Network In Last 7 Days Finbold

Notably, in the last week, SHIB has led the three charts ahead of all the other non-stablecoin tokens in third place in terms of top tokens by unique senders, unique receivers, and total uniques. Indeed, with 102,746 unique senders, 66,194 unique receivers, and 132,708 total uniques, it is behind the two stablecoins Tether USD (USDT) and USD Coin (USDC), in all categories respectively, according to data provided by Etherscan.io....

January 3, 2023 · 2 min · 401 words · Caitlyn Moore

Shiba Inu Price Prediction Can Shib Hit A New All Time High In 2022 Finbold

SHIB has maintained its place in the top 20 cryptocurrencies by market capitalization for some time now, aided by an expanding number of holders as more retail investors enter the market and find the asset as a result of the asset’s enormous community of users. Furthermore, the token has also benefitted from its accessibility; individuals wanting to buy Shiba Inu Coin will find it available on the top 10 leading cryptocurrency platforms, including Binance, Coinbase, KuCoin, and Kraken....

January 3, 2023 · 4 min · 713 words · Herbert Palmer

Solana Based Transactions Approach 100 Billion Despite Challenging 2022

At the same time, the network is battling challenges related to blockchain efficiency, but transactions on the platform appear undeterred. In particular, as of September 6, the Solana number of transactions was a few million shy of hitting the 100 billion milestone standing at 96,446,814,265. Notably, the transaction milestone backs Solana’s founding principles of standing out as a high transaction speed and low-cost smart contract platform. In this line, the network is facilitating about 2,700 transactions per second....

January 3, 2023 · 2 min · 320 words · Rose Jones

Stock Markets Commodities Cool Off After A Positive Week Finbold

U.S. stocks inched a little higher this week though things had started to turn south by Thursday. The S&P 500 still could not break the 3,000 point psychological barrier but it has gained 2.96% this week while the Nasdaq Composite is up 3% in that time. The U.S. stock futures were also higher on Thursday night with Dow Jones Industrial Average futures gaining 109 points or 0.5%. S&P 500 and Nasdaq 100 futures advanced a little with just under half a percent each....

January 3, 2023 · 2 min · 390 words · Laura Sampson

Swiss National Bank Confirms A Successful Cbdc Test With Five Commercial Banks Finbold

Indeed the latest trial, known as Project Helvetia carried out by the central bank, could pave the way for the implementation of a central bank digital currency (CBDC) in Switzerland, with the nation performing some of the most sophisticated CBDC tests in Europe, according to a press release [PDF] by the Swiss National bank. Central banks throughout the globe have increased their efforts to develop CBDCs, in part to improve the efficiency of current payment systems and to address the challenges presented by cryptocurrencies....

January 3, 2023 · 2 min · 413 words · Edward Malveaux

Ten Largest Etfs Market Cap Surges By 47 Adding 540B In 12 Months

Data acquired by Finbold indicates that the value of assets under management (AUM) by the ten largest ETFs has surged 47.56% between March 2020 and April 2021, from $1.14 trillion to $1.69 trillion. Therefore the ETFs added $546.63 billion in the last 12 months. SPDR ranks as the largest ETF, with AUM standing at $356.65 billion, a growth of 34.83% from last year’s figure of $264.51 billion. iShares Core ranks second with $277....

January 3, 2023 · 3 min · 587 words · Lucile Taylor

Tennessee Bitcoin Mine Forced To Shut Down After Settling Lawsuit With Residents

One of them is a Bitcoin (BTC) mine in Limestone, Tennessee, which was ordered to cease its operations at its current location after the county’s commissioners approved a lawsuit settlement filed after residents’ complaints, according to a report by WJHL.com on June 9. Washington County has claimed that the mine violates zoning laws and produces too much noise, the latter of which the commissioners have begun to seek to address a year before the settlement....

January 3, 2023 · 2 min · 362 words · Joshua Conway

Tesla Delivers Record Number Of China Made Evs In September

This new record represents an 8% increase compared with August, outpacing its rivals in China by roughly 5% month-over-month growth in sales. This was also a record-setting month for Tesla’s Shanghai factory, which began production in December 2019, beating out its previous highest sales record of 78,906 vehicles in June. Equally important, Tesla markets its insurance for the first time in China by offering customers who purchase a Model 3 or a Model Y a 7,000 RMB (~$800) subsidy if the customers choose to purchase Tesla’s partner vehicle insurance....

January 3, 2023 · 2 min · 318 words · Dawne Smith

Tesla Stock Soars Amid Joe Biden Pro Clean Energy Policies Finbold

Shares of the largest electric vehicle company rose 10% in the past five days, bringing the year to date gains to 410%. The latest financial results and aggressive growth plans have been contributing to the share price gains. The market analysts have also praised its delivery targets as the company claims that it on track to deliver 500K vehicles this year despite coronavirus-related disruption. Joe Biden’s clean energy policy will support electric vehicle Joe Biden plans to invest $2 trillion in clean energy which includes solar, renewables, and electric vehicles....

January 3, 2023 · 2 min · 303 words · John Jones

Texas Bitcoin Miners Resume Operations After Shutting Down Due To High Power Demand

The operators had halted mining activities following increased electricity usage amid soaring temperatures that forced residents to turn on their air conditioners in masses, Reuters reported on July 20. Bitcoin mining operators resorted to shutting down their plants early this month at the request of the Electric Reliability Council of Texas (ERCOT), which manages 90% of the state’s power load. Shutdown frees up 1,000 megawatts As reported by Finbold, Bratcher confirmed that operators had shut down mining activities on July 11....

January 3, 2023 · 2 min · 297 words · Becky Koehler

The Rid Master

By default, this is the first server that was promoted to a DC in the domain. The main purpose of the RID Master is to allocate sequences of relative IDs to each of the other domain controllers in the same domain. At any given time, only one DC in the domain can hold this role. Whenever a domain controller creates an object such as a user, group, or computer objects (which are all security principals), the DC will assign the object a unique security ID....

January 3, 2023 · 3 min · 481 words · Milton Thompson