Tuesday, July 5

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Bank dividends: who will pay more?

In the last 10 years the market had not seen anything like it in the financial sector. After the Covid-19 crisis, banks make money big again, with negative interest rates on the table, a great achievement. They are close to 20,000 million euros in profits and they are ready, by distributing a dividend, to share it with their shareholders.BBVA, which after the sale of its American assets had already opted to raise it effectively and to repurchase shares, after presenting results has just agreed to pay a complementary interim dividend from last year. Your payment will be in April and will reach 0.23 euros per share.This payment, together with the 0.08 euros already paid last October, once the ECB lifted the ban on entities' dividends, represents a total of 0.31 euros per share and repres...
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Mitsubishi UFJ Trust to Issue a Stablecoin to Accelerate Settlement Processes: Report

The financial services company – Mitsubishi UFJ Trust – hopes to enhance its transaction system by utilizing blockchain technology for trading and a cryptocurrency for payments. As such, it will create a stablecoin tied to the value of the Japanese yen, claimed a new report. Mitsubishi’s Stablecoin According to a recent report by Nikkei Asia, Mitsubishi UFJ Trust – a Tokyo-headquartered bank with over $1.5 trillion in assets under management – is seeking to enter the world of crypto by issuing a digital asset of its own. The financial product will be a type of stablecoin pegged to Japan’s national currency. The token will enable the institution to boost its payment process, instantly settling securities transactions. Currently, such monetary procedures take a couple of ...
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Matic Pumps 16% as Sequoia Capital Leads $450 Million Fundraise for Polygon

Venture capital firm Sequoia Capital led a financing round for the Ethereum layer 2 scaling solution Polygon, becoming the latest Silicon Valley company to invest in the Web3 space. According to CNBC on Monday (February 7, 2022), Polygon recently raised $450 million, with Sequoia Capital leading the investment. Other companies involved in the fundraising round include Softbank, Alameda Research, Tiger Global, and Galaxy Digital. Prominent individuals such as Reddit co-founder Alexis Ohanian, billionaire hedge fund manager Alan Howard, and TV personality Kevin O’Leary also participated. Meanwhile, Polygon is looking to allocate $100 million to a dedicated “ecosystem fund,” which would be used to support upcoming development on the network. The remaining capital would be ...
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KPMG from Canada buys Bitcoin and Ethereum to put in the company’s cash | Bitcoin Portal

One of the largest auditing firms in the world, the big four KPMG, announced this Monday (07) that it has completed an acquisition of Bitcoin (BTC) and Ethereum (ETH) in its corporate revenue from the Ontario division in Canada. According to the company’s statement, it is the “first direct investment in crypto-assets”. The purchase of the assets was carried out through the Winklevoss brothers' brokerage, Gemini Trust Company LLC, says the release. In addition to bitcoin and ethereum, KPMG's new reserve also includes carbon credits. The allocation of this type of asset is in line with its efforts to comply with acts declared in its ESG (environmental, social and governance practices”, declared the company. “Crypto asset allocation is a first-of-its-kind investment for KPMG in Canada a...
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North Korea Funds Missile Programs With Stolen Crypto (UN Report)

The United Nations (UN) accused North Korea of stealing cryptocurrencies worth millions of dollars. Moreover, the report added that the totalitarian Asian state employed the stolen assets to fund missile and nuclear experiments. Crypto Fuels Weapon Trials According to a recent UN report cited by Reuters, North Korean hackers have carried out numerous attacks against at least three cryptocurrency exchanges between 2020 and mid-2021. The bad actors stole around $50 million worth of digital assets. Last month, the analysis company – Chainalysis – went further, claiming that hackers embezzled more than $400 million in 2021. The perpetrators targeted mainly investment firms and centralized exchanges with various tactics, including malware, phishing, and social engineering. ...
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Nasdaq To List Valkyrie ETF Linked To Bitcoin Mining Firms On Feb 8 By Cointelegraph

©Reuters. Nasdaq to List Valkyrie ETF Linked to Bitcoin Mining Firms on Feb 8 Crypto asset manager Valkyrie will have an ETF with exposure to mining companies available for trading on the stock market starting tomorrow. A Valkyrie spokesperson told Cointelegraph that the firm's Bitcoin Miners ETF will begin trading on the Nasdaq on Tuesday. According to a Jan. 26 filing with the Comision de Valore, the investment vehicle will not offer direct exposure to Bitcoin (), but at least 80% of its net assets will be through securities of companies that “derive at least 50 % of your income or profits" from mining BTC or supplying hardware or software related to mining. The filing added that Valkyrie would invest up to 20% of the ETF's net assets in companies that have "a significant porti...
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FGN SUKUK SERIES IV – Greenwich Merchant Bank supports FGN to raise N250bn for infrastructural projects

Greenwich Merchant Bank Limited (GMB), a mandated Issuing House to the N250 billion FGN Sukuk Series IV issuance, along with other Advisers, assisted the Federal Government of Nigeria (FGN) in successfully closing the largest Sukuk issuance by the FGN via the Debt Management Office Nigeria (DMO). The Sukuk issuance elicited significant interest from both retail and institutional investors, evidenced by its oversubscription of 346%. The Sukuk program is designed to support the construction and rehabilitation of key economic infrastructure such as roads across the six geopolitical zones in Nigeria, and to diversify the sources of government funding. During the symbolic cheque presentation ceremony which held on Thursday, February 3, 2022, at the Ministry of Finance, Abuja; Mr. B...
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Swiss BSV Association to Establish Middle East Blockchain Academy By Cointelegraph

©Reuters. Swiss BSV Association to Establish Blockchain Academy in the Middle East The first blockchain school in the Middle East will open in Riyadh, Saudi Arabia, according to an announcement from the BSV Blockchain Association. The new institution would provide training and development tools for government organizations and companies interested in adopting or experimenting with blockchain technology. According to the announcement, the Saudi Blockchain Academy (SDA) will work with the Swiss-based blockchain industry association SV (BSV) to educate experts on new technologies, helping to implement Saudi Vision 2030. Alphabet (NASDAQ:) explores blockchain technology for its flagship services The Ministry of Information and Communications Technology (MCIT) of the Kingdom of Saudi ...
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A hesitant mayor and many angry neighbors: Jeff Bezos’ yacht will not have an easy time leaving Rotterdam

The world's largest sailing yacht, which has reportedly been commissioned by Amazon founder Jeff Bezos, will have to clear several hurdles before heading out to sea. In order for the ship to leave the shipyard where it is being built, in Rotterdam, part of the historic Koningshaven bridge must be dismantled. Y the city authorities have not yet given the go-ahead. The possibility that the bridge, a national monument, be dismantled has caused great controversy. At the time, the city council promised not to touch the structure again, restored in 2017. However, and according to the president of the Rotterdam Historical Society, Tom Wesselink, would have agreed to its dismantling to allow the passage of the yacht. An accusation that the mayor, Ahmed Aboutaleb, has denied. Waiting f...
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Shiba Inu jumps hard to the upside, giving first sign of reversal after 80% drop

With a solid gain of 50% during the last 24 hours, the Shiba Inu rise leads among the largest, managing to outperform major projects such as Binance USD or Polygon in market capitalization. At the time of this writing, the SHIB cryptocurrency is trading at $0.0000347, reaching a capitalization of $19,070 million to occupy the TOP 13 in the Crypto Online ranking. This coin has performed even better than Dogecoin over the past few days as some positive news fuels the Shiba rally. Steven Cooper, CEO of Bigger Entertainment (a company that focuses on crypto burning campaigns), announced last Sunday that the company is organizing a #shibarmy event, which could become the biggest burning party to date. , which is scheduled to be held this coming February 14. ...
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Bitcoin has an expiration date, says user who discovered a kind of “millennium bug”

Jared Pierce, a cryptocurrency enthusiast, revealed that Bitcoin has an expiration date. At the time, Pierce claims that this is like the “millennium bug”, a problem faced by computers at the turn of 1999 to 2000. This millennium bug originated in the way the date system was built into operating systems. In short, the arrival of the year 2000 would cause the date of some computers to go back from 1999 to 1900, which could have serious consequences in several sectors. In Bitcoin, there is a maximum limit of blocks to be created. In other words, it's like an expiration date, after all, without blocks there are no transactions. What is the expiration date of Bitcoin? According to Jared Pierce, the maximum number of blocks is 2^32 — 2 raised to the 32nd power — which results in a maximum...
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New BTC Price Targets Emerge as Potential Resistance Reconsidered By Cointelegraph

©Reuters. New BTC Price Targets Emerge as Potential Resistance Reconsidered (BTC) continues to remain just below $43,000 on Feb 7 as markets gear up for what promises to be a lively week. Another overnight move higher took the pair briefly above $43,000 before consolidating with $42,000 as support, data from Cointelegraph Markets Pro and TradingView show. Further losses remain firm on the table For market pundits, the question now is what support levels can hold on longer time frames, what would be ideal as a basis for further rally and what bulls expect as new resistance. Read the full article on Cointelegraph Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures...
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Spain sells almost as many “electrified” cars as Europe. But the statistics have a trick

The news of the registrations always give us a complete photograph to take the pulse of the automobile industry. The results of 2021 and the month of January 2022 provide a clear picture of how Spain is compared to Europe in the electrified market. Although the penetration of electrified vehicles was very similar in 2021 in Europe and in Spain, their distribution was very different. In fact, the data shows that the kilometers to be traveled in electric mode in one case or another are much less if we look at our country, compared to those expected in Europe. According to the data provided by ANFAC, the 33.32% of registered vehicles in our country in 2021 were hybrids (plug-in or not) and electric. In the same period of time, ACEA collects that the 37.6% of European registrati...
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Play to lose: CryptoShips and PirateCoin sink 98% and leave investors in hand

Cryptocurrencies from two games involving boats and pirates have plummeted 98% in recent days, marking the possible end of more game projects that promised to pay players. The crypto game market has attracted many gamers and streamers to the cryptocurrency ecosystem. For this, with promises of daily payments, many new tokens were created. With many entering the market amid high demand, many did not expect that they would face a scenario of frequent scams, which practically happen every day. That is, games with promises of winnings arise and die daily. In recent days, for example, the death of the games CryptoCars, CryptoPlanes and CryptoGuards drew attention after the game promised a metaverse and possibly applied a rugpull blow. CryptoShips: Game Boat Cryptocurrency Loses 98% in Less...
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Are you an entrepreneur? With this link you can pay with Visa and you will receive bitcoin

Key facts: Addrs allows you to accept online payments with Visa cards in dollars, euros, pounds, pesos and more currencies. Payments are made on a personalized link and converted into cryptocurrencies. As the global interest in collecting bitcoin (BTC) grows, new tools appear on the market that allow this to be done. One of them is the one offered by the payment company Addrs, which on February 6 communicated how its special service works for entrepreneurs who charge with Visa cards and want to receive the money in cryptocurrencies. The company reported that your platform It allows you to accept payments with Visa credit or debit cards in different national currencies and receive the money in bitc...
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Former Manchester United Players To Launch Football-Focused DAO By Cointelegraph

©Reuters. Former Manchester United players to launch football-focused DAO Former Manchester United legends Gary Neville and Paul Scholes are teaming up to launch a unique sports-focused DAO (decentralized autonomous organization) that would allow fans to make investments alongside these legends. The sports investment DAO would be called CO92 DAO, in honor of the legendary 1992 squad, and would focus on football-related strategic investment companies and projects. The two football legends have teamed up with Singaporean billionaire Peter Lim and his son Kiat Lim to create the DAO. AssangeDAO raises $38 million in donations to help free WikiLeaks founder “We are currently already reviewing a variety of professional soccer project opportunities and will announce developments in the ...
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Shitcoins: what should you know about these cryptocurrencies and tokens before investing?

Surely you have heard of cryptocurrencies that, although they are unknown, their value increases overnight. It is not uncommon to hear of people who have earned thousands of dollars investing in these types of assets... or others who lose everything. In the ecosystem they are cataloged as shitcoins, a term used to refer to those cryptocurrencies that lack real utility. Among the thousands of cryptocurrencies on the market, how can you identify the shitcoins? believe us, learning to recognize these types of assets will save you a lot of headaches, so we will analyze the main warning signs of possible fraud. What is a shitcoin? Shitcoins are cryptocurrencies that have no real utility in the market. Fountain: miro.medium. Shitcoin is a somewhat derogatory term tha...
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Bloomberg Insists: Bitcoin Could Still Reach $100,000

February’s investment report by Bloomberg Intelligence argued in favor of cryptocurrency investments. In particular, it suggested that Bitcoin, Ethereum, and USD stablecoins will continue to do well. At the same time, though, smaller digital assets could be in trouble due to excessive speculation, analysts at Bloomberg asserted. “Some purging of the speculative excesses of 2021 may mark much of 2022, but Bitcoin is poised to come out ahead.” BTC vs. Oil In particular, crypto may be in a good place relative to inflation-related commodities. While oil rose on the risk of war in Ukraine, BItcoin and Ethereum dipped. The report noted that the Bloomberg Galaxy Crypto Index is down about 20% in 2022. On the other hand, the Bloomberg Commodity Index Total Return is up by rough...
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CryptoAltum Launches Zero Fee ‘CryptoConvert’ and Lists Doge and Shiba on MT5

[PRESS RELEASE – Please Read Disclaimer] When it comes to the cryptocurrency industry, it is absolutely vital to be able to convert one cryptocurrency, token or coin for another in an effective, seamless and easy-to-understand fashion. After all, it is this conversion ability that makes the crypto sector so attractive, as individuals often want and need the option to switch one choice for another for trading, buying and selling purposes. As such, CryptoAltum has recently introduced a new conversion tool that can be used completely free of charge as there are zero associated fees. CryptoAltum’s New Conversion Tool Users of CryptoAltum can now enjoy free coin conversions via the new CryptoConvert tool. The new tool shall enable users to successfully convert their respecti...
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DEAL: Reliance Health raises $40 million series B funding to improve healthcare delivery

Reliance Health, Lagos and Texas-based digital healthcare provider has raised $40 million in series B funding round to improve healthcare quality for patients in Nigeria and abroad. The new round of funding led by General Atlantic is expected to accelerate the startup’s growth as it represents the first investment made by the US-based growth equity investor in Africa while other investors involved in the round include Partech, Picus Capital, Tencent Exploration, Africa Healthcare Master Fund, P1 Ventures, Laerdal Million Lives Fund and M3 Inc. The funding also adds to the list of first-time investors leading growth rounds in the last two years, such as FTX, Avenir, SVB Capital and Fidelity. What they are saying about the funding Femi, a co-founder and CEO said, “Our mission is...
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Meta-Marriage: Decentraland Hosts First Metaverse Wedding By Cointelegraph

©Reuters. Meta-Marriage: Decentraland Hosts the First Metaverse Wedding A Phoenix couple married their digital identities this weekend in the first marriage to take place in the Metaverse. The wedding ceremony took place at Decentraland, with witnesses, Supreme Court officiant Clint Bolick, and a virtual crowd of 2,000 guests on February 5. The couple, Ryan and Candice Hurley, hired the Rose Law Group to legally formalize the marriage. The group's founder and president, Jordan Rose, claims that it was the first wedding held in a blockchain-based metaverse. Read the full article on Cointelegraph Legal warning: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices...
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IFM scales Naturgy and already controls 12.15% of the capital

IFM continues to climb positions in Naturgy with the purchase of Actions. the company he runs Francisco Reynes has revealed, through its corporate governance report, that the Australian fund has risen to 12.15% of its capital at the end of 2021, while according to the page of the National Securities Market Commission (CNMV), IFM's participation was, on December 7, 12 .04%. In October, the pension fund resolved its partial takeover bid for Naturgy, launched almost a year ago, with the acceptance of 10.83% of the capital, well below the minimu...
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The Court reopens the case against Brufau and Fainé in the ‘Villarejo case’

The Third Section of the Criminal Chamber of the National audience has agreed to reopen the case against the president of Repsol, Antonio Brufau, and the former president of caixabank, Isidre Fainé, as recorded in a car to which he has had access THE NEWSPAPER OF SPAIN, which specifies that the investigation carried out reveals the existence of criminal conduct, which can be classified as crimes of bribery and the discovery and disclosure of secrets. In this way, the magistrates estimate the resources presented by the Anti-Corruption Prosecutor, the businessman Luis del Rivero and Podemos against the order of Judge Ma...
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At night all pedestrians are gray: the crash prevention system fails when it is most needed

Driving aids and automation systems are in the spotlight for the IIHS (Insurance Institute for Highway Safety). Those responsible for road safety in the United States published a report in which they questioned the effectiveness of driving aid systems, even claiming that manufacturers provided "misleading messages" to buyers. A good example is the pedestrian detection system. In line with the report already published a few weeks ago, IIHS has tested the pedestrian detection systems of eight small SUVs. The objective was to see how the night affected them and, therefore, if they could be just as effective when the light fell. In addition, the most effective technologies to guarantee the safety of pedestrians have been evaluated. The pedestrian detection system is a driving a...
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Google CEO Has His Eye on Blockchain Technology

Google and Alphabet CEO Sundar Pichai has been talking in recent days about blockchain technology, one of which his team is eyeing. Undoubtedly, from Silicon Valley, and the world, Alphabet is one of the biggest technology companies in the world. This brand owns Google, YouTube, Android, among many others, betting on digital and seeking to evolve with the internet. And with a track record of market innovation, Google is also expected to enter the blockchain sector soon. With a market value of $1.892 trillion, Alphabet is the third largest company in the world today, behind only Apple and Microsoft. Alphabet CEO introduced what the biggest computing problem today During Alphabet's earnings call, a Q&A for the company's CEO was opened by Douglas Anmuth, an analyst at JPMorgan. He asked...
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Bitcoin scares bearish ghosts with its best week since October

When the month of January was ending, and the performance of bitcoin (BTC) in the market had been quite negative, the outlook did not look very promising for the cryptocurrency. But this quickly changed during the first week of February, which closed as BTC's best percentage return since mid-October. The weekly candle closed 11.88% higher for the main cryptocurrency in the market, slightly less than in the period between October 11 and 17 last year. On that occasion, the increase was 12.57%, in TradingView data. In the last 7 days, BTC went from $37,881 to $42,380, if we take the opening and closing points of the week. At the time of writing this article, the cryptocurrency it is still traded on exchanges over 42 thousand dollars. Advertising Still below the pric...
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Sánchez allocates 1,000 million for agribusiness: “European funds cannot be wasted”

The President of the Government, Pedro Sánchez, announced this Monday that the Council of Ministers will approve a strategic project for the agribusiness sector with one billion euros of public investment and the expectation of "leverage"Another two billion euros of private investment. This has been transferred during a visit to a deep geothermal project promoted by the Cardial company in Nijar (Almeria), where he has argued that it will have a special link with the Strategic Project for the Recovery and Economic Transformation of Renewable Energies, Green Hydrogen and Storage. ...
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Most valuable manufacturing companies in Nigeria – January 2022

Dangote Cement, BUA Cement, BUA Foods, and Nestle Nigeria led the list of most valuable manufacturing companies in Nigeria, following impressive market performance in the month of January 2022. The likes of Dangote and BUA Cement maintained their spot as the most capitalized manufacturing firms while newcomer, BUA Foods displaced Nestle to seat in third position after just one month of listing on the Nigerian Stock market, hereby joining the elite list of Stocks Worth Over One Trillion (SWOOT). The Stock market closed on a positive note in the review month as the All-Share index rallied 9.15% in January, closing at 46,624.67 points while the market capitalization closed at N25.1 trillion. The NGX Industrial goods index rose by 3.39% in January to close at 2,076.32. However, th...
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Fuel scarcity hits some parts of Lagos as anxiety and confusion mounts

There seems to be some level of anxiety and confusion in Lagos as fuel scarcity appears to have hit some parts of the state, especially the island axis. There were unusual long queues of vehicle at various filling stations in Ikoyi, Victoria Island and Lekki, over the weekend trying to buy the Premium Motor Spirit (PMS), otherwise known as petrol, which was thought to have been caused by increased demand of the product due to power blackout. The long queues at the filling stations which has been causing traffic in those locations seem to have persisted on Monday morning despite improved power supply. However, the situation appears to be different on the mainland part of Lagos as there have not been reported cases of long queues at filling stations or fuel scarcity, as it ap...
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The price of Axie Infinity tokens grows more than 32%

The value of Axie Infinity tokens has grown by more than 32%, following changes introduced by the game's developers. After facing a period of economic uncertainty, the company behind Axie Infinity, Sky Mavis, has announced major changes to the blockchain game to ensure its economic footing. The company reported on its blog that it is restructuring the Axie Infinity rewards system. Sky Mavis wants to reduce the rewards given to players in SLP tokens, which will help reduce the daily supply of the token. Positions on the AXS leaderboard will increase to 300,000, to provide engaging and rewarding experiences for all players. The series of improvements being implemented in Axie Infinity will help Sky Mavis ensure a healthy gaming ecosystem. Currently, more than 3 million people from a...