Moore Cayman, a Cayman Islands-based accounting network, has again affirmed that Tether Holdings Limited’s USDT stablecoin tokens are fully backed by its reserves. In the latest report, signed on March 31 and released Thursday, Moore Cayman confirmed that Tether’s consolidated assets exceeded its liabilities. “In our opinion, the [Consolidated Reserves Report] by the management of
Month: April 2021
Among Us developer InnerSloth has released an update to its popular video game. The update will bring features like an enhanced art style, new meeting screen, new colours, along with various bug fixes and improvements. The developer also mentioned that it hasn’t fixed all the reported bugs yet and will continue to resolve them with
With COVID-19 restrictions lifting, more people are booking trips and hotels online, which is very good for Google’s advertising business. Google’s employees, however, are working from home and not traveling as much on the company dime – and that’s also good for its business. During the first quarter, Google parent Alphabet saved $268 million (roughly Rs.
In this article AMZN Jeff Bezos, founder of Amazon Katherine Taylor | Reuters Amazon is set to report first quarter earnings after the bell Thursday. Here’s what analysts are expecting: Earnings: $9.54 per share, according to Refinitiv Revenue: $104.47 billion, according to Refinitiv Few companies have benefited from the pandemic-fueled surge of online shopping as
The Mi 11X from Xiaomi is the most affordable of three new models in the Mi 11 family. It’s priced a bit lower than the Mi 10T but offers plenty of updated features, most notably its Qualcomm Snapdragon 870 SoC which is only one step below the current flagship level. Priced starting at Rs. 29,999,
The second day of GamesBeat Summit 2021 offered attendees a look at companies that skyrocket from startup to big success, and how they faced the challenges and opportunities of rapid expansion, on the panel “Scaling the right way: When a startup is no longer a startup.” Katie Jansen, CMO at AppLovin and Katie Madding, chief
WhatsApp has already provided an option to let you mute notifications of individual chats and group messages forever on its platform since October last year. However, that option is not useful when you are mentioned by someone in a group chat for which you have already muted notifications. You will continue to receive notifications if
The maintainers of Composer, a package manager for PHP, have shipped an update to address a critical vulnerability that could have allowed an attacker to execute arbitrary commands and “backdoor every PHP package,” resulting in a supply-chain attack. Tracked as CVE-2021-29472, the security issue was discovered and reported on April 22 by researchers from SonarSource,
On April 29 Ether’s (ETH) price rose to another all-time high, boosting its market capitalization to over $320 billion. With the recent rally, Ether’s market cap has overtaken platinum and PayPal to become the 32nd most valuable asset in the world, according to data from CompaniesMarketCap. Ether’s market dominance has risen from 10.79% at the start
What’s interesting about this particular options expiry is that the current max pain price for the expiry is $54,000, which is very close to the current trading price. The max pain price is the price at which most options are rendered worthless, thus leading to the loss of the option premium for the options holders.
Ethereum (ETH) is approaching the top-30 most valuable assets in the world following its latest price breakthrough, offering further evidence that the developer network is in the midst of a powerful bull market. The ETH price peaked at $2,741.78 on Wednesday, marking a new all-time high, according to TradingView data. With a current value of
Binance’s attempts to bridge traditional markets with the cryptocurrency space in the form of fractionalized stock tokens has drawn the attention of Germany’s financial regulator. The Federal Financial Supervisory Authority (BaFin) warned on Wednesday that the world’s largest cryptocurrency exchange could face heavy fines for launching security-tracking tokens without an accompanying investor prospectus. Binance launched
press release PRESS RELEASE. UnoRe, the first decentralized reinsurance platform, is now allowing retail users to invest in risk. This opportunity is a part of the project’s vision to revolutionize the reinsurance industry, one that has been traditionally gatekept, preventing any significant innovation in hundreds of years. UnoRe aims to take steps towards alleviating the
Beijing authorities are reportedly conducting inspections of crypto mining data centers to better understand their impact on energy consumption, Reuters reports Thursday. The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an emergency notice to the city’s data center operators asking them to report whether they are involved in mining Bitcoin (BTC)
Her Majesty’s Revenue and Customs, the tax authority of the United Kingdom, will ramp up its efforts to snare cryptocurrency tax evaders in an attempt to uncover what it regards as hidden wealth, says U.K. accountancy group UHY Hacker Young. According to the group, the “statement of assets” form that is used in tax evasion
A county in the state of New Jersey has announced the liquidation of cryptocurrency assets seized in 2018. On Monday, the prosecutor’s office in Monmouth County announced that the confiscated crypto —initially valued at $57,000 at the time it was seized — was liquidated on Coinbase for $198,237 at a quote “profit” of $141,000. Authorities captured
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