SEATTLE, Tuesday, April 30, 2024 – Boeing Co. reported a net loss of $355 million for the first quarter of 2024, a significant financial setback amid ongoing scrutiny surrounding a recent mid-flight cabin door blowout incident involving a 737 MAX aircraft. This loss comes in stark contrast to the company’s profit of $1.2 billion reported […]

Dubai, Tuesday, March 12, 2024 – Nexo, a company offering digital asset services, has secured initial approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a licensed entity in the emirate. This initial approval allows Nexo to proceed with the licensing process, seeking full authorization for activities, such as lending, borrowing, management and […]

Catenaa, Wednesday, November 20, 2024 – A fraudulent app impersonating the popular decentralized finance (DeFi) platform, Curve Finance, has reappeared on Apple’s App Store, reports said late last week. This marks the third time the scam app has been listed this year, despite previous removals. The app, which closely mimics Curve Finance’s interface and logo, […]

London, Thursday, May 2, 2024 – Canadian investors and financial organizations had increased their involvement in crypto – based systems compared to 2021, a survey conducted by KPMG and CAASA has revealed. The survey was jointly conducted by KPMG and the Canadian Association of Alternative Assets and Strategies (CAASA) on the 2023 Institutional Adoption of […]

Taipei, Oct. 11, 2023: Taiwan is aiming to pass a new law regulating cryptocurrencies by November, according to a report in Forbes Magazine. The passage of a new cryptocurrency law in Taiwan would be a significant step for the country. Taiwan is one of the largest cryptocurrency markets in the world, and the new law […]

WASHINGTON, Wednesday, April 24, 2024- Mortgage application activity in the United States saw a decline last week, coinciding with a rise in interest rates. Data released by the Mortgage Bankers Association (MBA) on Wednesday 24 showed a decrease in applications compared to the same period in 2023. The MBA’s index of mortgage applications dipped by […]

WASHINGTON, Tuesday, April 23, 2024- A senior U.S. Treasury Department official called for stricter regulations to combat illicit activity within the cryptocurrency sector during a Senate Banking Committee hearing on April 9, 2024. The excerpts from the Treasury’s proposals can be seen here. The Senate Banking Committee is expected to consider legislation addressing cryptocurrency regulation […]