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Make Or Break Moment For AI Frenzy Ahead – Nvidia Earnings, Hopes Dashed In U.K.
Wednesday, May 22, 2024 - 12:07pm | 1552To gain an edge, this is what you need to know today. Make Or Break Moment Please click here for an enlarged chart of NVIDIA Corp (NASDAQ: NVDA). Note the following: This article is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point...
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Justin Sun-Linked Poloniex Placed On Non-Authorized Companies List By UK Regulator After $100M Hack
Thursday, December 7, 2023 - 3:42pm | 437U.K.’s Financial Conduct Authority (FCA) announced Justin Sun-owned Poloniex is part of the warning list of non-authorized companies amidst multiple hacks in a short period, as disclosed on its official website. What Happened: After Seychelles-based crypto exchange Poloniex...
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Microsoft Marks Its Largest UK Investment With Major Focus On AI Development
Thursday, November 30, 2023 - 5:22pm | 397After Microsoft (NASDAQ: MSFT) President Brad Smith dismissed the development of any super-intelligent Artificial Intelligence (AI) within the next 12 months, the tech giant announced a $3.2 billion investment in the U.K. What Happened: Microsoft's U.K. investment is...
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Alchemy Pay's Expansion Of Payment Options In Europe, UK Vital For Crypto Accessibility
Thursday, November 30, 2023 - 11:23am | 308Crypto payment solutions provider, Alchemy Pay announced the expansion of payment options in the Europe and U.K. regions. What Happened: The newly introduced payment options are - the Euro Instant solution, SEPA Instant, and the U.K. fast e-money transfer solution, Faster Payments. These will...
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UK Tightens Crypto Policies, Holders Should Beware Of Penalties For Unpaid Taxes
Wednesday, November 29, 2023 - 10:51am | 285The U.K. Government announced that crypto users must disclose any unpaid capital gains or income taxes to avoid penalties. What Happened: HM Revenue and Customs disclosed guidance on how to pay taxes on Bitcoin (BTC), non-fungible tokens (NFTs), and utility tokens. Crypto tax disclosures to the U.K...
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Robinhood's Plunge Of 55% In Crypto Trading Revenue Is No Barrier To Launch Its EU Crypto Trading
Wednesday, November 8, 2023 - 7:39pm | 756Robinhood’s (NASDAQ: HOOD) third-quarter transaction-based revenues on cryptocurrencies indicated a significant plunge (55% year-over-year and 26% quarter-over-quarter) compared to the softer drop of 13% in transaction revenues for equities. Industry titans BlackRock, DTCC,...
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Kraken Names New UK Chief Amid Expansion; Prepares To Share User Data With IRS
Friday, October 27, 2023 - 5:10pm | 725Kraken announced a new managing director for its U.K. business as the crypto exchange looks to strengthen its foothold in its largest market. The exchange has also revealed that user information will be shared with the IRS in the next month after it receives a court order to do so. Industry...
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Chase's Crypto-Related Transactions Ban In UK: A Sign Of The Times — Or A Sign Of Weakness?
Tuesday, September 26, 2023 - 2:49pm | 493JP Morgan Chase & Co (NYSE: JPM), the prominent banking institution, decided to halt cryptocurrency-related transactions for its U.K. clientele starting Oct. 16, according to a recent communication to its users. The bank stated, "If we think you're making a payment related to...
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5 Key Objectives The UK Is Addressing At Its Upcoming Global Artificial Intelligence Summit
Monday, September 4, 2023 - 12:28pm | 540The U.K. unveiled its five key objectives for the upcoming global Artificial Intelligence (AI) Safety Summit scheduled for Nov. 1-2 at Bletchley Park. The summit will bring together prominent figures from various domains, including academia, politics and major tech companies to establish a...
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UK Law Enforcement Uncovers Illegal Cryptocurrency ATMs
Tuesday, February 14, 2023 - 2:44pm | 303The UK Financial Conduct Authority (FCA) conducted a series of intelligence-gathering operations with West Yorkshire Police's Digital Intelligence and Investigation Unit to uncover unregistered cryptocurrency ATMs operating illegally in the U.K. These machines allow customers to...
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UK Law Enforcement Seeks Crypto-Cop
Wednesday, January 11, 2023 - 10:05pm | 476If you live in the United Kingdom and are hoping to work in Web3 in 2023, there is a new opportunity possible for you. What Happened: The U.K.’s National Crime Agency (NCA) is advertising to hire a cyptocurrency investigator, offering a salary between £40,209 to £43,705...
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More Than $200M Lost To Crypto Fraud In UK This Year
Monday, October 18, 2021 - 2:59pm | 250According to the City of London Police, more than 146 million pounds ($200 million) has been lost to cryptocurrency fraud since the start of 2021. The amount of money allegedly lost in 2021 is 30% more than all of 2020. City of London police stated 7,118 reports of fraud related...
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Amazon-backed UK Food Delivery Firm Deliveroo To Offer $69 Million Worth Of Shares To Customers
Sunday, March 7, 2021 - 11:33am | 269British online food delivery company Deliveroo has announced that it will make 50 million pounds', or $69 million, worth of shares available to its customers in its upcoming IPO. What Happened: The Amazon-backed food delivery service said customers who had placed an order with...
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CureVac Shares Gain After UK Backs Company's Vaccine Development Efforts For COVID-19 Variants
Friday, February 5, 2021 - 12:02pm | 293The U.K. has entered into a collaboration accord with CureVac NV (NASDAQ: CVAC) to develop messenger ribonucleic acid (mRNA)-based vaccine candidates against COVID-19 variants. CureVac will deliver an initial supply of 50 million doses of any resulting vaccine...
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Parts Of UK Go Into Deeper Lockdown As Health Secretary Warns New COVID-19 Strain Is 'Out Of Control'
Sunday, December 20, 2020 - 4:13pm | 285The U.K. is putting in place "Tier 4" restrictions almost as tight as the full lockdown measures of the initial COVID-19 wave. What Happened: Authorities in the U.K. are sounding the alarm over a new variant of the COVID-19 virus that is 70% more transmissible. This raises worries...