Paul Cooper and Paul Appleton, who both work at David Rubin & Partners, became the joint liquidators on February 4 via a U.K.’s U.K.’s Secretary of State Order. These liquidators and their assembled team are striving to resolve customers’ concerns that include recovery of owed sums as a matter of priority. L.B.X. launched in 2017 after raising over £2 million (roughly $2.6 million) from investors, as reported by Business Insider....

Notably, ING’s Chief Innovation Officer, Annerie Vreugdenhil, said during a presentation at the Singapore Fintech Festival that Bitcoin and other ‘volatile’ assets will not be accepted as collateral for the application, as per Ledger Insights. ING released a paper on DeFi earlier this year, which focused on the permissionless Aave peer-to-peer lending protocol. During the month of July, it became evident that Aave was working on a permissioned lending pool aimed at institutions and would be called Aave Arc....

The milestone was revealed through a tweet by President Nayib Bukele, who shared a screenshot of the mined Bitcoin while noting that further tests and installation are still ongoing. Recently, Bukele uploaded a short video on Twitter showing ongoing work at the state-owned geothermal electric company LaGeo. In the video, workers could be seen connecting mining rigs. In June, Bukele said he had directed LaGeo to allow Bitcoin miners to plug into the country’s volcanic energy resources....

In his answer to Three Arrows Capital CEO Zhu Su who asked about his ideas for a Dogecoin/Ethereum cooperation, Buterin, who is credited for developing the leading blockchain platform for decentralized applications, suggested that DOGE should consider switching from a proof-of-work (PoW) protocol to proof-of-stake (PoS). Proof-of-work and proof-of-stake Proof-of-work (PoW), the same protocol that flagship cryptocurrency Bitcoin (BTC) uses to confirm transactions on the blockchain is criticized for the intensive amount of energy it requires to verify transactions on the digital ledger....

Indeed, Ethereum is currently trading at $1,801, up 5.48% in the last 24 hours and 6.78% across the previous week. Notably, in the last 30 days, Ethereum has climbed from $1,214 on July 10 to $1,801 on August 8, an increase of 48.35% between the two dates. What’s more, with a total market capitalization of $219 billion, Ethereum has added almost $70 billion to its total worth in the last month, according to data retrieved by CoinMarketCap....

According to Coinbase Q2 earnings results, Ethereum accounted for 26% of the trading volume on the exchange, growing from 21% in the previous quarter. Elsewhere, Bitcoin trading volume plunged from 39% to 24%. Cryptocurrency trading volume for the remaining digital assets surged by 10% to 50% from the 2021 Q1. In general, Coinbase trading volume for the quarter surpassed expectations hitting $462 billion. Interestingly, the volume highlighted the extent of the recent crypto rally by growing 2617....

In an interview with the Financial Times, ESMA’s vice chair Erik Thedéen stated that the EU should instead prioritize proof-of-stake assets due to efficient power consumption. Thedéen suggested that if the EU does not act now, the continued mining of Bitcoin in the region could derail handling of climate change effects through reducing carbon pollution. According to Thedéen, the increased institutional adoption of cryptocurrencies means the focus should now shift to energy consumption....

The coordinated monetary/fiscal response in the United States has reached 20% of the GDP, and it is likely to rise. These are war-time numbers. It is sensible since we are at war with an invisible enemy. A lot needs to be done. But, so far, President Trump’s administration and the Fed show that they are ready, willing, and able to do what needs to be done. With the policy response in place, the next step is to get a peak in the growth of COVID-19 cases....

The recovery is mostly attributed to the rebound in vehicle sales all over the world. The rosy outlook for fiscal 2021 added to investors’ sentiments. The company’s strategy of accelerating its electric vehicle production is among the catalysts for share price momentum. Its first electric vehicle, Mustang Mach-E, has recently started hitting showrooms for reviews. Ford stock price is currently trading around the $8.50 level, down slightly from the 52-weeks high of $9....

In a press statement, GEM Mining noted that the venture also has four partners who aim to capitalize on the booming Bitcoin marketplace. According to Warren, the company has already raised over $200 million from institutions, including banks, hedge funds, endowments, and pension funds. The company is expected to mine Bitcoin by deploying ‘highly complex computers and software with a projection of installing 32,000 devices. Already, more than 9,000 of the machines are operational, with Warren noting that they have mined about 431 BTC in the last nine months, contributing to the generation of $7....

Notably, the firm announced that its SportNation online casino and sports betting company would stop operations in the United Kingdom at the end of this month, seeing the price climb to as high as $0.16. Following the strategic review revealed with the firm’s financial results on October 13, 2022, investors were relieved by the decision as the betting, and online gaming site switched its attention to its core areas....

In particular, as of October 31, the top five new cryptocurrencies tracked by CoinMarketCap controlled a cumulative market capitalization of over $1.4 billion within five days of being listed on the platform. Web3-focused crypto project Melody (SNS) sits top with a capitalization of $762.3 million, trading at $0.12. The token is built on the BNB blockchain. Retail-centered Kingaru (KRU), which has $256.1 million in market cap trading at $0.2 is in the second spot....

Speaking to TD Ameritrade Network, Ives stated that the appreciation of the iPhone supercycle is a starting point for Apple’s stock rally in the coming months. He notes that demand for the company’s trademark product, especially in the Asian market, will potentially push the stock to a new level. He added that Apple’s stock has been in a hideout in recent months, and the upcoming 2021 Q2 earnings will form a base for the stock’s resurgence....

Yet, the annual inflation rate in the Euro area increased to 8.1% in May 2022, which represents a fresh record high compared to the previous months. Estimates show that energy prices continue to grow, followed by food, alcohol, and tobacco. Meanwhile, shares of major bank stocks in the Eurozone have lost 1% in today’s session at the time of writing. Standing on wobbly legs European equity markets mostly dropped at the market open as stubborn inflation fears have resurfaced....

Speaking with Bloomberg Markets Emily Chang, Hollywood actor and MNTN chief creative officer Ryan Reynolds discussed his thoughts on cryptocurrencies. While refusing to say whether or not he owns cryptocurrency, Reynolds stated that he sees “value in the conversation” around digital assets, and that companies are doing an excellent job of making it safer while bringing it to the masses. He said: Ryan Reynolds acknowledges skepticism around crypto It’s worth mentioning that the Hollywood star understands why some people are wary about cryptocurrency, but he believes it”is “emerging as a huge pl”yer” in the financial industry....

Instagram has allowed its users to report an account report any activity that they may think violates their terms of use. With a certain number of reports, the person’s account in question may also be permanently deleted to prevent them from posting such content. Instagram does have an algorithm that blocks such content. However, it has over a billion active users, and it can be hard to keep up. Let’s look at a few reasons why an account may be reported....

In the following sections, we’ll discover a comprehensive tutorial to make your videos on Snapchat unique with your sound. Without further ado, let’s get started! Step #1: Open the Snapchat Camera First, you must download the Snapchat app from App Store or Google Play. It’s free to install, and you won’t waste much time logging in or signing up for a new account. To be a Snapchat user, you must provide basic information, including name, birthday, username, email, etc....

Non-fungible tokens (NFTs) have been a trending topic for the better part of 2021, and scammers have had a field day duping and stealing NFTs from unsuspecting victims. Binance recently launched a marketplace to create, buy, sell and trade NFTs, and in this guide, you will learn how to protect yourself against scammers on the Binance NFT Marketplace. Introduction NFTs have been around for a few years now, and they make one of the few popular blockchain use cases....

You may be confused about how we center the text in Instagram bio using spaces. It’s not magic. It’s simple, and it’s what you can do yourself. Here, you will know what these spaces are and how to create those. Open the Instagram mobile app on your phone and tap on the profile icon on the bottom-right side. Tap on “Edit Profile.” Tap on the “Bio” row. Copy the spaces inside the brackets (make sure you don’t copy the brackets with it)....

Where other platforms allow you to upload your picture from the gallery, Snapchat allows you to create and edit your very own avatar. This allows Snapchat’s users to get creative and have fun while constructing their doppelganger. So how can you make your own bitmoji? If you used bitmoji to create your avatar when it first launched the feature, you might want to revisit the app for some exciting changes....