Hacker steals £8.6m Bitcoin from pNetwork – CityAM : CityAM September 20, 2021 A hacker has stolen 277 Bitcoin, worth over £8.6m, from the cross chain protocol pNetwork by exploiting a bug in its code. pNetwork allows value to be transferred between blockchains by exchanging user coins, which are stored as collateral, for a wrapped token which can be used on a new chain. The attack targeted the [...]
Polygon and Nukkleus to support Bollant Industries with blockchain solution in India September 20, 2021 Nukkleus Inc is to collaborate with Polygon and Grassroots Economics to support India's Bollant Industries.
Jennifer Arcuri to give evidence to London Assembly tomorrow : CityAM September 20, 2021 Boris Johnson’s alleged former lover Jennifer Arcuri will tomorrow give evidence to the London Assembly over her dealings with the ex-mayor of London. Arcuri, an American tech entrepreneur, will face the assembly’s oversight committee over her presence on three foreign trade missions while Johnson was mayor. Also Read: Boris Johnson will not face criminal investigation [...]
Crypto markets take another hit amid darkening economic outlook September 20, 2021 It’s a sea of red across the cryptocurrency markets today, with Bitcoin falling below $45k for the first time since last Tuesday.
Only nine days to go until the Crypto AM Summit and Awards September 20, 2021 A STELLAR cast has been assembled ready for the annual Crypto AM Summit and Awards in London at the end of this month.
Energy firms plead for ‘bad bank’ as whole prices climb 70 per cent since last month September 20, 2021 The UK’s energy suppliers have urged for the creation of a so-called “bad bank” to absorb unprofitable customers from failing companies. Firms have requested billions of pounds in emergency funding to weather a crisis caused by record wholesale energy costs. Business secretary, Kwasi Kwarteng, held crisis talks with regulator Ofgem on Sunday and will meet [...]
Prospective dealmakers put off by tightening UK regulation September 20, 2021 A survey of dealmakers revealed widespread concern about upcoming changes to the UK’s regulatory environment which threaten to halt a flurry of activity seen during the pandemic. Cheap valuations of London listed companies post-Brexit have turned the UK into a prime location for dealmaking with approximately £166bn of merger and acquisition deals completed so far [...]
Prospective dealmakers put off by tightening UK regulation – CityAM : CityAM September 20, 2021 A survey of dealmakers revealed widespread concern about upcoming changes to the UK’s regulatory environment which threaten to halt a flurry of activity seen during the pandemic. Cheap valuations of London listed companies post-Brexit have turned the UK into a prime location for dealmaking with approximately £166bn of merger and acquisition deals completed so far [...]
Volcano erupts on Canary Island of La Palma – CityAM : CityAM September 19, 2021 The Teneguia volcano on the Spanish island of La Palma has erupted after authorities warned an eruption was due following a recent spate of earthquakes. Spain’s National Geographic Institute detected more than 4,000 tremors last week in the Cumbre Vieja national park around the volcano, which is located in the far south of the island. [...]
Johnson to push Biden on reopening UK-US travel during White House visit – CityAM : CityAM September 19, 2021 Boris Johnson is expected to push US President Joe Biden on the looming humanitarian crisis in Afghanistan, the potential of reopening UK-US travel and climate change during a visit to the White House. The Prime Minister will head to Washington during an environment-focused trip to the US, where he will urge world leaders to take [...]