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Country Garden’s struggles come amidst broader turmoil within the Chinese property development sector. China’s leading private property developer Country Garden is grappling with a severe default risk on its offshore debt as it races against time to meet a critical $15 million coupon payment due on Tuesday, signifying the end of
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Central bank digital currencies (CBDCs) have emerged as a prominent topic in the financial world. They promise elevated stability, security, efficiency, and reduced corruption. Central banks, the International Monetary Fund, the World Economic Forum, and the World Bank tell us CBDCs are a panacea waiting to cure all that ails
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Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday. Source
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While not much is known about the Lazarus Group, researchers have attributed numerous cyber attacks to them over the past decade, as well as ties to Russia. The most notorious crimes of Lazarus Group The Lazarus Group (also known as the Guardians of Peace or the Whois Team) is a cybercriminal group
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Evergrande has seen an impressive spike in shares even though both the HSI and the property sector in China are still struggling. Chinese property developer Evergrande saw its shares jump 82% on Wednesday, outperforming other publicly listed companies on the Hang Seng Index (HSI). Evergrande shares closed at HK$0.640 after climbing
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Canadians are starting to look at digital assets as more than just speculative investments, seeing them instead as legitimate assets for everyday transactions, according to Coinbase’s country director for Canada.Speaking to Cryptox in Toronto on Aug. 16, Coinbase’s Canada director Lucas Matheson said he believes that more utility and use
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"Crypto remains high-risk and the new rules are aligned with the existing rules for promoting other high-risk investments. We’ve conducted extensive consumer research, behavior testing and considered responses to both our discussion and consultation paper on the matter," an FCA spokesperson said in an email to CryptoX. "These rules are
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A recent study by the Bank of Canada (BoC) has shown a decline in the ownership of cryptocurrencies over the two years.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Securities and Exchange Commission (SEC) of Nigeria has officially deemed the operations of Binance Nigeria, a subsidiary of the world’s largest crypto trading platform Binance, illegal. According to a statement released on the SEC’s website on July
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The exchange halted Australian dollar bank transfers early May. Source
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