UK in good stead to regulate crypto as specific laws needed, S&P Global says July 15, 2022 The UK is in strong position to regulate crypto and remain a financial hub as tailored laws are needed to prevent investors from facing “substantial risk”, S&P Global said. “Crypto asset investors face substantial risk without built-for- purpose laws and regulation,” the financial information giant said in a report yesterday. “Policymakers will have to move [...]
Shakeout continues as the price of Bitcoin shuffles sideways July 15, 2022 Bitcoin price is holding a steady line at $20,800 - up five per cent over 24 hours, but down three per cent across the week.
EP: 146 Newbury, Market Rasen & Hong Kong July 15, 2022 Newbury hosts the feature flat meeting in England where the Group 3 Hackwood Stakes and the always competitive Super Sprint for 2-year-olds take centre stage. It’s a big day’s racing at Market Rasen on Saturday when the annual Summer Plate, run over an extended 2 miles 5 furlongs, will attract a huge racing crowd. City [...]
NFT marketplace OpenSea lays off 20 per cent of staff as crypto crash persists July 15, 2022 OpenSea, the world’s biggest NFT marketplace, has cut 20 per cent of its staff as the severe crypto rout hits firms across the industry. CEO Devin FInzer announced the cuts yesterday, saying, “We have entered an unprecedented combination of crypto winter and broad economic instability, and we need to prepare the company for the possibility [...]
Europe biggest market for US crude oil for first time in six years as Russia-Ukraine war rages on July 15, 2022 For the first time in six years, Europe was the top market for US crude oil as the Russia-Ukraine war continues to impact global markets. Europe overtook Asia, the previous top market, and received 213.1m barrels of crude while Asia received 191.1m barrels of American crude in the first five months of 2022, US Census [...]
The theories behind a crypto cycle all add up to some number crunching July 14, 2022 Crypto AM meets Globe Derivative Exchange CEO James West - a man who likes to play the numbers game with trends.
Exclusive: 75 per cent of corporate legal departments are over budget July 14, 2022 The majority of corporate legal departments are running over budget, with almost a third doing so “substantially”. Around sixty per cent have seen an increase in their workload over the past year, but they have struggled to cope with budgetary constraints, and are over-spending. The data was published in the 2022 State of the Corporate [...]
Ericsson confirm US authorities are still investigating possible ISIS payments as firm posts mixed bag results July 14, 2022 Ericsson confirmed that US authorities are still investigating possible payments to Islamic State (ISIS) by the company in Iraq. Posting half year results this morning, President and CEO of Ericsson Börje Ekholm said: “We continue to engage with the Department of Justice and the Securities and Exchange Commission in relation to the 2019 Iraq investigation [...]
Bitcoin dips below $19k before recovering, with US inflation at 40-year high July 14, 2022 The price of Bitcoin has recovered to just below $20k, having climbed one per cent over the past 24 hours to $19,994 this morning.
Sky Sports pays more than £880m to extend broadcast deal with England cricket chiefs July 14, 2022 Sky Sports has agreed a four-year extension to its current deal as the main broadcast partner of the England and Wales Cricket Board (ECB). The ECB said the agreement, which runs from 2025 to 2028 and covers men’s and women’s internationals, The Hundred and the Vitality Blast, would see Sky show more cricket than ever [...]