British start up wins contract to develop EU blockchain capabilities August 24, 2021 A British startup has been chosen by the European Commission to help design and develop European blockchain capabilities. iov42, which builds blockchain-based identification tools, beat corporate giants including EY, Vodafone and Deloitte to become one of seven companies to secure an EU contract. The seven awards were collectively worth €6.2m (£5.31m). According to the European [...]
BlackRock backed crypto mining company sees record Q2 results August 24, 2021 Nasdaq-listed Riot Blockchain saw mining revenue surge to $31.5m in Q2 of 2021, up 1,540 per cent compared to the same period last year. Shareholders, including asset management giant BlackRock which has a 6.6 per cent stake in the company, were treated to record net income of $19.3m or $0.22 per share. The results made [...]
Science Group turns up heat in bid to takeover TP Group August 24, 2021 Science Group has made a further share purchase in an engineering firm which has repeatedly rebuffed its acquisition attempts. As of today, Science Group holds 140,528,829 shares in TP Group giving the company 18.03 per cent of voting share capital. Science Group, a services and product development organisation, pushed for a General Meeting in a [...]
Extinction Rebellion activists block Westminster roads August 24, 2021 On the second consecutive day of action Extinction Rebellion (XR) activists have occupied roads in Westminster, police have warned. In a tweet, the Met Police said that protestors are blocking roads around Parliament Street, Whitehall and Westminster. Officers are at the scene working to minimise disruption to traffic. At around 11am this morning, green rabble [...]
Surging DeFi adoption driven by experienced traders August 24, 2021 New data from Chainalysis has revealed that DeFi adoption is being driven by experienced traders looking for new high value opportunities. The company’s Global DeFi Adoption Index found that high-income countries were leading the way for grassroots DeFi adoption. The US topped the index with China and the UK also making it into the top [...]
Abingdon Health shares surge 124 per cent after antibody test kit launch August 24, 2021 Abingdon Health’s share price has soared following the launch of its at-home Covid antibody test kits. Yesterday, York headquartered Abingdon Health announced the launch of its Covid-19 antibody self test causing share prices to jump as much as 124 per cent from a low of GBX36.89 on August 23 to highs of GBX82.70 today. The [...]
Lebanese Lawyers sue UK-registered company over Beirut blast August 24, 2021 Lebanese Lawyers have filed a lawsuit against a UK-registered company over its alleged role in last year’s Beirut explosion which killed 200 people. The case was filed against Savaro Ltd, a chemical company, at the London High Court. The action was led by the Beirut Bar Association, a survivor of the blast and the families [...]
England and Wales record highest Covid deaths since March August 24, 2021 Data published today shows that England and Wales recorded 571 Covid-related deaths in the week ending August 13, the highest in five months. According to data from the ONS the figure is the highest since the week ending March 26 when coronavirus was mentioned on 719 death certificates. In the week ending August 13, Covid-related [...]
CPP revenue climbs ten per cent in half year results August 24, 2021 CPP Group, a multinational personal protection and insurance provider, has announced solid results for the first half of the year. Group revenue climbed by ten per cent year on year to £66.4m while EBITDA from operations increased by 37 per cent to £2.6m. After seeing a loss for the period of £0.7m in the first [...]
Visa enters the NFT market with CryptoPunk purchase August 23, 2021 Payments giant Visa has made a splash in the NFT market with the purchase of a collectable CryptoPunk avatar. Last week, Visa snapped up one of only 3,840 female CryptoPunks for just shy of $150,000 (£109,363). The avatar featured green clown eye makeup, red lipstick and a mohawk adding to its rarity. Cuy Sheffield, head [...]
