Swiss financial regulator Finma has defended its decision to wipe out the value of risky additional tier 1 bonds as part of the Credit Suisse rescue deal. The move enraged some bondholders because Credit Suisse shareholders will receive a payout. In a statement on Thursday, Finma said the AT1s “contractually provide that they will be
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Time to say goodbye — Three legacy Battlefield games will be removed from online stores in April It’s your last chance to purchase Bad Company’s single-player campaign. Kyle Orland – Mar 21, 2023 10:34 pm UTC Artist’s conception of EA taking aim at the digital storefronts hosting three legacy Battlefield games.Electronic Arts reader comments 40
By Dr. Priyom Bose, Ph.D. Mar 22 2023 Reviewed by Aimee Molineux The global incidence of diseases related to exposure to fine particulate matter (PM2.5) has increased significantly. Short-term exposure to PM2.5 is positively correlated with mortality associated with increased rates of respiratory and cardiovascular diseases. Nevertheless, the underlying mechanism of how PM2.5 exposure affects
Share on Pinterest A new drug is showing promise in treating two types of leukemia. Abdullah Durmaz/Getty ImagesResearchers report that the experimental drug revumenib showed promise in an early clinical trial in treating two types of leukemia.They said 18 people with acute myeloid leukemia or acute lymphocytic leukemia achieved complete remission using the drug.The clinical
India and UAE have signed a Memorandum of Understanding (MoU) to collaborate on developing digital currencies. What Happened: The Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates (CBUAE) signed the MoU in Abu Dhabi on Monday. The MoU focuses on exploring various emerging areas of financial technology (fintech), with
Face time — Making faces: How to train an AI on your face to create silly portraits Follow our step-by-step tutorial to paste your face onto anything your heart desires. Shaun Hutchinson – Mar 22, 2023 11:30 am UTC Enlarge / Ever want to be a superhero? We’ll show you how.Shaun Hutchinson | Aurich Lawson
Without a high-level understanding of zero-knowledge (ZK) technology running on the Ethereum Virtual Machine (EVM), its hard to conceptualize the benefit this innovation brings to the crypto economy. After attending Ethereums largest industry conference in Denver earlier this month, Benzinga was able to distinguish between the leading ZK projects, and why the technology is mission-critical
UK inflation unexpectedly accelerated in February, adding to pressure on the Bank of England to raise interest rates again at its meeting on Thursday. The annual rate of consumer price inflation rose to 10.4 per cent in February, the Office for National Statistics said on Wednesday. That was up from 10.1 per cent in January
Meta Platforms IncMETA , formerly known as Facebook,announced Monday that it will stop working on digital collectibles, also known as non-fungible tokens (NFTs), in order to focus on other ways to support creators, businessesand people. This decision was made to prioritize areas where the company can make a greater impact at scale, according to Meta.
Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago. 19041 Total views 284 Total shares Listen to article 0:00 News Own this piece of history Collect this article as an NFT The Crypto Fear and Greed Index has hit its
Kicking off the 2nd day of ETHDenver, Uniswaps UNI/USD Design Lead Callil Capuozzo announced the leading decentralized exchanges latest product: Uniswap Wallet. QR codes were circulated around the venue to get early access to Uniswap Labs latest product, but nobody was sent to download the app from the app store. Instead, users had to download
As public health measures raised alarms across the world over state-sanctioned infringement on freedom of assembly and expression, government bureaucrats and private corporations alike have proven themselves similarly eager to violate financial liberties. Canadian Prime Minister Justin Trudeau invoked emergency powers last year to freeze the personal and corporate bank accounts of individuals involved with
Pre-summit events such as the Talent Fair, Startup Competition and Investors Day made up the day on March 20 at Paris Blockchain Week. 2564 Total views 34 Total shares Listen to article 0:00 Event Own this piece of history Collect this article as an NFT Paris Blockchain Week (PBW) is about to kick off its
The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature. 3393 Total views 44 Total shares Listen to article 0:00 News Own this piece of history Collect this article as an NFT More than a week after New York regulators closed the crypto-friendly
UBS’s rescue of Credit Suisse is expected to result in tens of thousands of job cuts, with Switzerland’s financial sector already bracing for a heavy hit from the contentious takeover. Credit Suisse’s domestic business and its investment bank, which collectively employ more than 30,000 staff, are expected to bear the brunt of the cuts, according
Marilyn Schaffer, CEO of XTM Inc. XTMIF PAID 7XT , was recently interviewed by Benzinga. XTM is an innovator in the fintech space. Its main offering is the Today platform that makes it simple and easy for businesses in the service industry and hospitality industries to pay their employees daily. That means workers get their
BlackRock Inc BLK is reportedly selling its robo-advisory company FutureAdvisor to Ritholtz Wealth Management. What Happened: FutureAdvisor informed retail clients that the New York-based Ritholtz will acquire it, reported Insider, citing an email sent to clients. Ritholtz confirmed the companys acquisition but did not disclose the details of the deal, according to the report. After
Green Check Verified (GCV), a fintech provider of compliant cannabis banking solutions and services, recently completed a $6 million Series A funding roundled by Mendon Venture Partners. The news comes on the heels of the companys launch of Green Check Connect of GCC – a new marketplace enabling marijuana-related businesses to find reliable financial service
Benzinga recently hosted its first virtual event focused on investing in Exchange Traded Funds (ETFs), dubbed ETF: Unlocked. Sponsored by Traders Accounting, the event brought together important thought leaders in the space to share their expertise and discuss current and future trends for 2023. One of the featured participants was Steven McClurg, CIO of Valkyrie
Cathie Wood-led ARK Investment Management bought a whopping $20.5 million stake in cryptocurrency exchange platform Coinbase Global Inc COIN on Thursday. Funds operated by ARK purchased over 353,000 shares of the company on a day when its stock fell over 7.8%. The purchase was conducted via the flagship ARK Innovation ETF ARKK and the ARK