Crypto’s story this week is one of sideways trading, but the future is self-custody education July 21, 2023 As he thinks about taking to the racetrack, Jason Deane reflects over a week that has been far more exciting than just sideways trading.
Number of fraud cases falls from pandemic highs but remains sky high at 3.5m July 20, 2023 Fraud levels have returned to pre-pandemic levels but remain sky high, according to estimates from the Crime Survey for England and Wales (CSEW). The CSEW estimated that there were 3.5m cases of fraud in the year to March. This was roughly equivalent to pre-pandemic levels, with the CSEW arguing the pandemic fraud spike was not [...]
Bitcoin holds firm above $30k as most large cap cryptocurrencies inch upwards July 20, 2023 Bitcoin continues to find support above $30,000 after dipping below this key level a few times in the last week.
Tesla may keep cutting prices in ‘turbulent times’, Musk says July 20, 2023 Tesla CEO Elon Musk signalled late Wednesday that he would cut prices again on electric vehicles in “turbulent times”, even as his all-out price war on automaker rivals squeezes the company’s own margins. The company has slashed prices several times in the United States, China and other markets since late last year, and increased discounts [...]
Mid-market M&A remains resilient as UK market hopes for deal surge July 20, 2023 Mid-market deal activity in the UK has remained resilient despite a fall in the overall level of deals year-on-year, according to new data from Big Four firm PwC. In the first half of the year mid-market deals worth less than £1bn increased 1.8 per cent in the UK as smaller deals remained easier to finalise [...]
MI6 chief calls for Russians to spy for UK July 19, 2023 The head of MI6 has urged Russians angry at Vladimir Putin’s war in Ukraine to spy for the UK. Sir Richard Moore told them “our door is always open” and “we will work to bring the bloodshed to an end”. He said that while artificial intelligence (AI) is being used to help target the Kremlin’s [...]
Bitcoin and Ethereum move sideways as Ripple’s XRP continues its upward surge July 19, 2023 Bitcoin and Ethereum are hovering in the green after recovering from a slight downturn early this morning as BTC tested the $30k mark.
Sunak set to delay decision on UK rejoining Horizon July 19, 2023 Rishi Sunak is expected to delay making a decision on whether the UK should rejoin the EU’s Horizon science funding programme until after the summer break, it has been reported. The prime minister will not announce whether British researchers will have access to the €95.5bn programme until the autumn,the Financial Times (FT) reported. A government [...]
The competition watchdog is plagued with a knee-jerk belief that ‘big is bad’ July 19, 2023 The CMA's u-turn on the Microsoft/Activision deal is a sign that the competition regulator might be starting to understand its approach to Big Tech will bring no good to the UK, writes Cento Veljanovski
Cleverly calls for global cooperation at first UN Security Council meeting on AI July 18, 2023 James Cleverly called for global governance of artificial intelligence as it “knows no borders” at the first UN Security Council meeting on the issue. The Foreign Secretary said the technology would “fundamentally alter every aspect of human life” and could “enhance or disrupt global strategic stability”. The UK chaired the first UN Security Council session on the [...]