Crypto Exchange OKX builds user trust by taking proof of reserves to the next level January 19, 2023 | City Talk In the crypto markets, transparency is everything, and the most important metric to demonstrate transparency is Proof of Reserves (PoR). OKX is leading the industry in transparency through our efforts to prove our holdings using blockchain technology. Proof of Reserves provides assurances that exchanges are able to match customer holdings with an equal or greater [...]
Twitter in trouble? Over 500 advertisers quit the platform after Musk takeover January 18, 2023 Over 500 advertisers have reportedly either pulled or paused their presence on Twitter following Elon Musk’s takeover of the website last autumn, according to a report by The Information. Major spenders including General Mills, Pfizer, Audi, Volkswagen and Mondelez are among some of the big names to have stopped advertising on Twitter since Musk’s took [...]
Davos round-up: Goldman’s consumer banking headache, Big Tech layoffs and Germany’s green drive January 18, 2023 As some of the world’s most important CEOs, politicians and thinkers gather at the World Economic Forum in Davos to discuss an array of economic, political and social challenges, City A.M. wraps up some of the top lines from the day. Goldman Sachs’ consumer banking headache Goldman Sachs’ foray into consumer banking has not gone [...]
City of London Police investigating 14 officers for misconduct charges January 18, 2023 The City of London police is investigating 14 of its officers for misconduct charges, although none are believe to be involved in any sexual offences, City A.M. can exclusively reveal. As the smallest territorial police force in England and Wales with just 958 officers, the number of cases accounts for a relatively high proportion of [...]
Davos: Top central bankers agree on need to regulate ‘crazy’ crypto markets January 18, 2023 Some of the world’s top central bankers today emphasized the need for introducing basic regulations for cryptocurrencies, but they remained equally wary that new rules could lend legitimacy to an industry that has been very unstable over the past year. The central bank chiefs agreed on the need for a basic level of crypto regulation, [...]
Cardano revs up first automotive project with e-TukTuk announcement in Davos January 18, 2023 The world’s first automotive project built onCardano, has announced it will be launching its initial operations in Sri Lanka. In a bold step that could redefine the transportation sector for billions of people worldwide,eTukTukwas announced this afternoon at the World Economic Forum in Davos. There have been many attempts to launch two and three-wheeler electric [...]
Carbon Offsets vs Carbon Credits January 18, 2023 | Sponsored Carbon carbon carbon… if you don’t know what it is, I can only imagine you’ve been hibernating under a rock since dinosaurs roamed the Earth, and what is now coal was once trees. It’s a hot topic of conversation, just like our current climate, and the increasing number of heatwaves in the UK and across [...]
Revealing differing attitudes to sustainability through how we talk January 18, 2023 | Sponsored Measuring sustainability can be difficult. While companies’ impact on the planet and people is tangible, the metrics to track this impact are harder to define. The sustainability of an organisation is made up of a myriad of business decisions, policies, and programmes which come together to form its impact. In other words, the imprint (be [...]
George Takei’s Allegiance, review: Star Trek actor’s affecting tale of forgotten racism January 18, 2023 ★★★★☆ George Takei’s most famously known from the original cast of Star Trek, but in recent years has been celebrated as an LGBTQ role model following his decision to come out in 2005 aged 68. It’s curious that Allegiance, the play Takei calls his “legacy” play, omits queer themes. But nevertheless, it’s a hammerblow critique [...]
Crypto market holding on tightly to recent gains as resistance level forms January 18, 2023 Bitcoin is trading around $21,211 this morning, up again from yesterday as analysts see a resistance level forming around $21,200.