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Last updated: March 29, 2024 09:48 EDT | 2 min read The crypto exchange HKVAEX, linked to the world’s largest crypto exchange, Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) post-deadline.The Hong Kong securities regulator asked crypto exchanges and firms to apply for the license before the deadline of February 29.HKVAEX Withdraws Application for Virtual Asset Trading Platform License in Hong KongThe Virtual Asset Trading Platform (VATP) is a license provided by the government of Hong Kong that allows crypto exchanges to operate within the region’s bounds.Although the license…
My husband Barry and I got married in 1978, and for the first half of our marriage, he and I maintained separate finances. Our approach worked fine for the first few years because life wasn’t very pricey where we lived back then in Bellingham, Washington.But our move to Palo Alto, California, 10 years later, when I was 37, was the most intimidating chapter in my adult life. I was not only relocating to a costly new area where I knew no one, but also embarking on a new business as a training consultant. The Bay Area was exponentially more expensive…
Years after the website’s launch, Reddit, an online message board platform, is preparing to go public next month.In advance of the planned IPO, the company filed a prospectus with the Securities and Exchange Commission, which outlines risks associated with its business that potential shareholders should be aware of.One of those “risk factors” includes “disruptions” to the site’s function as a result of “actions or inactions” by “volunteer moderators” — a subtle admission by Reddit of how much it relies on the goodwill of moderators and the potential impacts of a moderator revolt. In June, thousands of popular subreddits, or forums,…
Oi S.A. (OTC:OIBZQ) Q4 2023 Earnings Conference Call March 28, 2024 10:00 AM ET Company Participants Cristiane Barretto – Chief Financial & Investor Relations OfficerMateus Bandeira – Chief Executive OfficerThalles Paixão – Chief Legal OfficerRogerio Takayanagi – Head of Strategy & TransformationLuis Plaster – Chief Investor Relations Officer Conference Call Participants Leonardo Olmos – UBS Operator Good morning, ladies and gentlemen, and thank you for joining Oi S.A.’s Fourth Quarter Results in 2023. We’d like to inform you that this video conference is being held in Portuguese and simultaneously translated into English. In order to listen to the translation, click…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UN’s International Court of Justice has ordered Israel to ensure that more food and humanitarian assistance reach Palestinians in Gaza, warning that famine is “setting in” there as the Israel-Hamas war enters its sixth month.In response to a petition by South Africa, the ICJ ordered Israel to “ensure, without delay, in full co-operation with the United Nations, the unhindered provision at scale by all concerned of urgently needed basic services and humanitarian assistance . . . to Palestinians throughout Gaza”.It also ordered Israel to increase…
A Republican state representative in Michigan, Rep. Matt Maddock, claimed on social media on Wednesday night that he had photo evidence of “illegal invaders” arriving at Detroit Metro Airport. One of the two photos Maddock posted on the platform called X, formerly known as Twitter, showed an Allegiant Air plane. The other photo showed three buses. Maddock wrote: “Happening right now. Three busses just loaded up with illegal invaders at Detroit Metro. Anyone have any idea where they’re headed with their police escort?” Facts First: Maddock’s claim is false. The buses were not for “illegal invaders”; they were for the men’s college basketball…
In a recent move, Gregory Stone, the Chief Ocean Scientist at TMC the metals Co Inc. (NASDAQ:TMC), sold a significant number of company shares, according to a Form 4 filing with the Securities and Exchange Commission. Stone parted with a total of 64,489 common shares through multiple transactions, bringing in over $70,000. The transactions took place over several dates, with the first sale recorded on September 28, 2023, where 14,489 shares were sold at an average price of $1.0026. The subsequent sales occurred on December 4 and December 22, 2023, with 25,000 shares sold each day at average prices of…
Investing.com — Oil prices settled lower, as China-led worries about weaker crude demand continued to linger despite the world’s largest crude importer unveiling ambitious growth plan. At 14:30 ET (19:30 GMT), the fell 0.9% to settle at $78.02 per barrel, and the expiring in May fell 0.7% to $82.83 a barrel. China keeps 5% GDP target for 2024, outlines economic reforms China set a gross domestic product target (GDP) of 5% for 2024, the same as the prior year. The target and other economic proposals were both unveiled in an official report released during the annual meeting of the country’s…
Investing.com – The U.S. dollar rose marginally in European trade Thursday, rebounding after the previous session’s sharp losses after the Federal Reserve maintained its projections for interest rate cuts this year, while the Swiss franc slumped after a surprise cut by the Swiss National Bank. At 04:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded marginally higher at 103.065, after having fallen more than 0.5% on Wednesday. Fed sticks with three rate cuts this year The kept interest rates unchanged on Wednesday, as widely expected, but also stayed on track…
