Indonesia a ‘crypto hotspot’ as engagement grows 1772 per cent October 26, 2021 Indonesia has seen surging interest in digital assets this year and ranks as the world’s top “crypto hotspot” according to research by Coinformant. In Indonesia online engagement has grown by 1,772 per cent this year as more people than ever before read articles and searched for information about digital assets. Annual search volume jumped by [...]
Mastercard partners with Bakkt to power crypto payments and rewards October 25, 2021 Mastercard has taken another stride into the crypto space by partnering with Bakkt, a digital assets payments platform. Mastercard will allow its US partners to issue branded crypto credit and debit cards powered by its payments network which will let consumers buy, sell and hold digital assets through custodial wallets supplied by Bakkt. Consumers will [...]
Tesla shares soar as Hertz places estimated $4.4bn order for 100,000 EVs October 25, 2021 Tesla has scored its largest ever electric vehicle order with Hertz requesting 100,000 cars as part of plans to electrify its rental fleet. Tesla’s share price has jumped by 4.53 per cent today and touched a new all time high of $970.84 on the back of the news. In a shakeup for the car rental [...]
Shiba Inu coin price tumbles as Elon Musk admits he does not own any October 25, 2021 Shiba Inu coin looked like it was on course for the moon this week until a shock revelation by Elon Musk brought it crashing back down to Earth. Celebrity entrepreneur Elon Musk has confirmed that he does not own any SHIB causing its price to tumble by -11.4 per cent from its all time high of [...]
Exclusive: Valereum Blockchain makes bid to purchase the Gibraltar Stock Exchange October 25, 2021 A blockchain technology company wants to takeover the Gibraltar Stock Exchange (GSX) and allow investors to purchase securities using crypto. Valereum Blockchain has signed an option to purchase an 80 per cent stake in the GSX. If the offer wins approval from regulators Valereum will establish the world’s first fully regulated integrated fiat and digital [...]
Volvo scales back Sweden IPO as its value tumbles to £13bn October 25, 2021 Car manufacturer Volvo has delayed its initial public offering on the Nasdaq Stockholm exchange amid faltering investor confidence. The company’s IPO will be pushed back to Friday according to a statement issued today which announced plans to scale back the offering. Shares will be sold for a price of SEK 53, the bottom of its [...]
Bankers on track for record bonuses this Christmas October 24, 2021 City bankers could take home a bumper payout in time for Christmas following a year of record dealmaking and capital raising activity. With many city banks gearing up for bonus discussions in the coming weeks industry experts have predicted that bonuses could reach their highest level in over a decade, the Telegraph first reported. It [...]
Nigeria launches eNaira amid worldwide interest in digital currency October 24, 2021 Nigeria has become the latest country to launch a digital currency backed by its central bank with the aim of improving its payments system. From tomorrow residents of Africa’s largest country by population will be able to make payments using the eNaira, a digital compliment to the country’s physical currency. The e-money will be backed [...]
ITV and Michael Grade eye Channel 4 takeover October 24, 2021 The former chief executive of Channel 4 Lord Grade and ITV are reportedly mulling takeover bids amid government plans to privatise the network. Lord Grade, who was at the helm of Channel 4 between 1988 and 1997 and also chaired the BBC and ITV, is considering snapping up the network The Times first reported. Earlier [...]
Budget: Government to invest £3bn in “skills revolution” October 24, 2021 The Chancellor of the Exchequer will use the budget to announce a £3bn investment in skills and education to help Brits find higher paid jobs. The cash injection aims to fuel economic growth by increasing the provision of post-16 eduction and creating opportunities for people wishing to enter high value sectors such as AI, cybersecurity, [...]
