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Many companies have publicly endorsed Black Lives Matter after George Floyd’s death. Not all of these firms have helped the cause. Some have made it worse, including these seven companies. Organizations are making a lot of noise in support of the Black Lives Matter movement. It suddenly seems as though every major firm
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The stock market rally is, by all measures, completely absurd. Traders have become drunk on stimulus and it’s causing irrational investing. If the free money faucet turns off, the stock market is in for a rude awakening. Is there anyone out there who believes the stock market’s impressive rally is somehow rooted in
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[sociallocker id="55298"] Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekForget $10,000, Bitcoin’s $12,000 breakout
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Bitcoin’s price action has been rather volatile over the past two weeks, with the asset whipsawing between the $8,000s and $10,000s.In the past week alone there was approximately $250 million worth of position liquidations on BitMEX alone due to the volatility, according to data shared by crypto derivatives tracker Skew.com.Yet
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[sociallocker id="55298"] Many financial and human resources are being deployed in the effort to fight the ongoing COVID-19 pandemic. Technologies are also being used in this fight: artificial intelligence for research, 5G to increase information transmission speed and many others.Blockchain is not being left out of this fight, as it
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After plunging on Sunday morning, Bitcoin has mounted a strong comeback over the past two hours that has seen it reverse the earlier losses.In the past 30 minutes, the cryptocurrency has rallied from $9,540 to a high of $9,800 — a 2.7% move. And since the daily lows of ~$9,370,
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The U.S. housing market may look up as employment numbers indicate a recovery. Job postings have started ticking up. Home demand remains strong. The housing market should have been in tatters given the massive spike in unemployment in recent months, but that hasn’t been the case so far. In April, the market held its
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[sociallocker id="55298"] ST Engineering Aerospace’s US subsidiary suffered a ransomware attack that managed to extract about 1.5TB of sensitive data from the firm and its partners.According to an article published by The Straits Times on June 6, the Singapore-based company was allegedly attacked by the well-known ransomware gang Maze in
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The major U.S. airlines have seen their stocks rise by double digits in under three weeks. Millennial investors on Robinhood now love American Airlines nearly as much as Tesla. The operating environment for carriers has improved slightly but not enough to justify an investment. A modest improvement in passenger traffic has seen the
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[sociallocker id="55298"] Dr. Xiao Feng, the Vice Chairman of investment company China Wanxiang Holdings, attended the 7th Global Investment and M&A Summit in Shanghai, according to local news on June 5.Dr. Xiao’s keynote on digital economic reform revealed speculation that globalization will migrate from the physical to the digital world.
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