The Scotfree | Business The Scotfree

    Business

    Japanese banks take Carsales debt for a spin

    Funds raised would replace Carsales’ former facilities, worth $900 million, and refinance the more expensive debt inside Trader Interactive, where Carsales moved to full control on Monday.The next step is about extracting the benefits of owning 100 per cent of Trader Interactive, McIntyre said on Monday. That includes growth opportunities like new products and services

    U.S. Regulators Are Coming for Crypto. How Will the Future Look?

    Key Takeaways Several recently proposed bills and ongoing enforcement cases could define crypto industry’s future in the U.S. If the SEC and CFTC win their ongoing crypto lawsuits, they could set a terrible precedent for decentralized finance and the broader industry. However, if the regulatory agencies lose, crypto could enjoy a renaissance. The U.S. government’s

    5G technology will transform every Indian’s life, says MoS Chandrasekhar

    Union Minister of State for Electronics and Technology Rajeev Chandrasekhar on Saturday said 5G technology will transform the life of every Indian. Speaking to ANI, the Minister said, “The launch of 5G will have a lasting impact. It will be the future of the internet. 5G will bring a change to each person’s life be

    Bank of International Settlement wraps up mBridge cross-border CBDC pilot

    Home » Business » Bank of International Settlement wraps up mBridge cross-border CBDC pilot The Bank of International Settlements (BIS) has announced the completion of its central bank digital currency (CBDC) pilot with impressive figures. The pilot was a collaboration of the central banks of Hong Kong, Thailand, China, and the United Arab Emirates (UAE) to promote

    Kwarteng crashes the bond market love-in

    You have to go all the way back to 1937 to find anything that bad.But that 60/40 split was starting to look attractive again after a long period “in the freezer”, said Mortier, as bond yields had finally risen high enough to draw in those looking for some value or a safe place to hide

    Crypto’s Popularity Among American Millennials on the Decline (Survey)

    An analysis carried out by the financial services company – Bankrate – determined that US millennials are not as enthusiastic about cryptocurrencies as they were last year. Around 30% said they feel comfortable investing in digital assets compared to 50% in 2021. The Latest Change in Trends Younger generations, including millennials and Generation Z, are

    Argentinian UFC Fighter Cannetti to Receive Salary in USDC

    Guido Cannetti – an Argentinian mixed martial artist who competes in the UFC – partnered with the crypto-focused payment company Bitwage to become its ambassador. In addition, he will start receiving all his earnings in the stablecoin USDC instead of fiat currency. ‘USDC is Safer’ In a recent announcement, Bitwage said it is “thrilled” to

    Box Office: ‘Bros’ Flops With $4.8 Million Weekend

    Luke Macfarlane and Billy Eichner in ‘Bros’Universal In grim but not surprising news, Universal’s Bros became the latest live-action theatrical comedy to play in primarily empty theaters. The Billy Eichner/Luke Macfarlane-starring romantic comedy earned just $4.8 million over the weekend. That includes $1.84 million on Friday, which includes $500,000 in Thursday previews. That’s a lower

    California fraud cases highlight the need for a regulatory crackdown on crypto

    The California Department of Financial Protection and Innovation (DFPI) announced last month that it had issued desist and refrain orders to 11 entities for violating California securities laws. Some of the highlights included allegations that they offered unqualified securities as well as material misrepresentations and omissions to investors.These violations should remind us that while crypto

    Solana Price Plunges as Blockchain Suffers Outage Again

    Source: AdobeStock / JorgeEduardoSolana’s price has taken a hit amid another major outage that has grinded the network activity to a halt.Crypto pundit and host of NFT Alpha show, Nick Valdez first brought the development to public attention on Twitter after a series of speculative mentions. A few hours later, the official Solana Twitter handle confirmed the report in

    How Much Energy Do NFTs Use? Less Than You May Think

    Key Takeaways NFTs have faced major criticism concerning their impact on the environment. Much of the criticism is rooted in a misunderstanding about how blockchains function. The major Layer 1 blockchains that serve as the main hubs for NFTs consume less energy than detractors seem to think. Ethereum cut its energy consumption by 99.95% when

    French central bank to explore wholesale CBDCs and utility of tokenized bonds

    Home » Business » French central bank to explore wholesale CBDCs and utility of tokenized bonds Banque de France has hinted that it will be paying significant attention to developing a central bank digital currency (CBDC). In particular, Villeroy de Galhau, the bank’s Governor, disclosed that it would be exploring the benefits of a wholesale CBDC. “A

    Musk previews Tesla’s robot, but cautions it is not ready yet

    Musk and Tesla representatives acknowledged that there was a lot of work to be done to achieve the goal of a mass-produced, low-cost robot, using Tesla-designed technology that would be capable of replacing humans at work.Other automakers, including Toyota Motor and Honda Motor, have developed humanoid robot prototypes capable of doing complicated things like shooting

    Hurricane Ian death toll climbs

    Even though the storm system has long passed over Florida, new issues were still presenting themselves on Friday night. A 14-mile (22-kilometer) stretch of Interstate 75 was closed in both directions in the Port Charlotte area because of the amount of water in the Myakka River.Many of the deaths were drownings, including that of a

    UK outlook cut to negative by S&P amid rising fiscal risks

    Oct 1, 2022 – 8.49amThe UK’s credit outlook was lowered to negative from stable by S&P Global Ratings because of rising risks to the country’s fiscal health over the next two years.While the slew of tax cuts announced by the UK government last week are aimed to support economic growth, those policies risk a “substantial

    Behind the good wife

    Gandhi’s great-grandson recreates Kasturba’s life from her diary and presents a woman bound by a patriarchal society but hardly a doormat Topics Mahatma Gandhi | women | biography Chintan Girish Modi  Last Updated at October 1, 2022 00:54 IST As a great-grandson delighted to be in possession of this hitherto unknown record of Ba’s life in her own words

    MEXC Leveraged ETF Leads the Cryptocurrency Market as Its Liquidity Ranks First

    [PRESS RELEASE – Please Read Disclaimer] Crypto asset trades emerge one after another, and leveraged ETFs are becoming the next star product after futures. MEXC, the cryptocurrency exchange with the highest futures trading liquidity on the Internet, takes the lead again in the cryptocurrency market with leveraged ETFs. Comparing the leveraged ETF depth indicators of

    Lark Davis Dismisses ‘Ridiculous’ Pump and Dump Allegations

    On-chain sleuth ZachXBT strikes again. This time, he has leveled some serious allegations against popular crypto influencer Lark Davis. The latter, on the other hand, claims that he didn’t do anything wrong. The pseudonymous detective previously pointed the finger at American YouTuber Logan Paul for promoting several pumps and dump schemes earlier this year. The

    Loading