NFT marketplace OpenSea finds executive guilty of insider trading September 15, 2021 OpenSea marketplace has confirmed a company executive is guilty of insider trading, using confidential information to profit big on NFTs. Yesterday, a Twitter storm broke out when the company’s Head of Product, Nate Chastain, was publicly accused of purchasing NFTs destined for the website’s front page before their public listing. The digital artworks would then [...]
Solana back online after day long network outage September 15, 2021 The Solana network is back online after experiencing a major outage for more than 17 hours, causing the price of its native token SOL to crash. The Solana network hosts a variety of apps on a decentralized blockchain which the company claims is the fastest in the world. SOL’s price is down 5.06 per cent [...]
Tower Hamlets council approves plan to build shopping mall on Brick Lane September 15, 2021 Controversial plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane have been given a green light. At a meeting of the Tower Hamlet Development Committee yesterday councillors voted 2-1 in favour of a proposal to redevelop the Brewery as a five story office building and retail space. [...]
TikTok to offer mental health resources following damning Instagram report September 15, 2021 TikTok has announced it will roll out wellbeing resources after a damning report revealed the impact of social media on teenagers mental health. The company, which has previously been criticised for hosting creators who offer dubious advice on mental health, will direct users to suicide prevention resources and guides on eating disorders. The social media [...]
Fever-Tree doubles European sales in H1 2021 September 15, 2021 Fever-Tree has published a strong set of financials for the first half of the year with the company’s European revenue growing by 102 per cent. Total revenue surged by 36 per cent to £141.8m in H1 2021, up from £104.2m in 2020. The European market saw the strongest growth with intake doubling from £20.5m to [...]
Wagamama owner The Restaurant Group reports mediocre interim results September 15, 2021 The Restaurant Group has reported lacklustre results for the first half of the year with a statutory loss before tax of £58.8m. Total sales stood at £216.8m, a 4.5 per cent drop compared to the same period in 2020. The company made a modest recovery when it came to EBITDA which jumped from a loss [...]
Google inks deal with NFT company Dapper Labs September 14, 2021 Google has confirmed a partnership with Dapper Labs, the team behind popular NFT collectibles game NBA Topshot, to help the company scale. Dapper Labs has already developed an in-house blockchain, Flow, which helps its users to scale apps and games. Google will help to finesse the product by acting as a network operator, providing developers [...]
Tower Bridge submerged by torrential rain September 14, 2021 Tower Bridge, one of the main traffic arteries through the heart of the capital, has been left underwater by torrential rainfall. Twitter users shared videos of the landmark bridge awash with rainwater as cars, pedestrians and buses struggled to make their way across. The Met Office has issued a yellow weather warning across London and [...]
Argo Blockchain launches IPO with sale of US shares September 14, 2021 Argo Blockchain, the only London listed crypto mining company, has launched an Initial Public Offering as it awaits approval to list on the Nasdaq exchange. Today, Argo said it had commenced the sale of 7,500,000 American Despositary Shares, equal to 75,000,000 ordinary shares. The last closing price of Argo’s ordinary shares on the London Stock [...]
Apple closes loophole which allows devices to be infected with spyware September 14, 2021 Apple has urged users to update devices after researchers identified a “zero-click” loophole affecting the iMessage service. The security flaw affects all Apple devices including iPhones, iPads, Apple Watches and Mac computers according to researchers from the University of Toronto Citizen Lab. The team found that malicious PDF files and web addresses sent over [...]
