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As the world continues to digitize rapidly and more and more issues around cybersecurity and data privacy come to the forefront, its no longer feasible to keep conversations around the two separate. Cyberattacks tend to be eye-catching and make flashy headlines. However, privacy violations and data compromises that accompany such intrusions are not as widely
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The $11 trillion real estate market remains a much talked about industry for streamlining access, reducing transaction friction, and democratizing ownership. Real estate technology company Roofstock aims to do just that, launching a marketplace for physical real estate NFTs that cuts sellers fees by over 50% when compared to traditional standards. In partnership with Origin
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Liz Truss, UK prime minister, is preparing to rip up the government’s “mini” Budget in a desperate attempt to rebuild market confidence and save her embryonic premiership. Kwasi Kwarteng, the chancellor, is expected to return from IMF meetings in Washington on Saturday, with government insiders saying he will have to scrap measures in his £43bn
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HSBC Holdings plcHSBC is considering selling its business in Canada without disclosing the potential valuation of the business. It has tappedJP Morgan Chase & CoJPM to handle a potential sale. As per the lawyers and analysts, the potential sale could discourage big domestic banks from bidding as the government has charged the antitrust regulator to
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The average American consumer might not think much of their access to financial services. But for consumers that are underbanked or unbanked, the very high costs of relying on alternative financial solutions, such as payday loans, check cashing services, money orders, and pawnshop loans can be astronomical and create a vicious cycle of financial pain
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Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady. 3251 Total views 31 Total shares Listen to article 0:00 News Crypto exchange platform Binance has concluded its 21st quarterly BNB (BNB)burn, eliminating around $547 million worth of BNB tokens from its supply. In an announcement,
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Andrew Bailey dashed the hopes of pension funds on Tuesday, ruling out continuing the Bank of England’s £65bn bond-buying intervention into next week. The BoE governor said that although strains had been felt, market conditions in the government bonds “seemed calmer” on Tuesday after it had staged its second emergency intervention in two days. “We’ve
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An explosion tore through Russia’s bridge across the Kerch Strait to Crimea early on Saturday, killing at least three people and severely damaging its structure in a major blow to Vladimir Putin more than seven months into his invasion of Ukraine. Russia’s anti-terrorist committee said a truck exploded on the bridge’s roadside in the early
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Liz Truss has overruled her chancellor and insisted the UK should not set a limit on the number of applications for low-tax investment zones despite internal Treasury concerns the projects could cost billions of pounds in lost taxes. The flagship policy designed to turbocharge UK investment is a key plank of Truss’s “dash for growth”
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The White House has accused Opec+ of aligning with Russia after Saudi Arabia led the group in agreeing deep oil production cuts, prompting a backlash from countries already battling surging energy inflation triggered by Moscow’s invasion of Ukraine. The Opec+ group said it would reduce production targets by 2mn barrels a day, equivalent to 2
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