Financial Insights That Matter TORONTO (Reuters) -Canada’s Hudson’s Bay Company plans to lay off 8,347 employees, or 89% of its workforce, by Sunday when it will conclude its liquidation sale and shut all stores, according to documents published late on Monday. Hudson’s Bay, Canada’s oldest retail chain, has been part of the country’s landscape and […]
Financial Insights That Matter Google just dropped a new research paper, and Bitcoin maxis may want to do some quick math. The tech giant’s quantum team found that breaking the RSA encryption protecting everything from your bank account to your Bitcoin wallet might need 20 times fewer quantum resources than previously estimated. “Planning the transition […]
Financial Insights That Matter Thailand is preparing to let tourists spend cryptocurrency via credit card-linked platforms as part of a broader strategy to modernize its financial system and embrace digital assets. The plan was announced by Deputy Prime Minister and Finance Minister Pichai Chunhavajira during an investment seminar in Bangkok on May 26, according to […]
Financial Insights That Matter By takaya yamaguchi and leika kihara TOKYO (Reuters) -Japan will consider trimming issuance of super-long bonds in the wake of recent sharp rises in yields for the notes, two sources told Reuters on Tuesday, as policymakers seek to soothe market concerns about worsening government finances. Super-long bond yields slumped on the […]
Financial Insights That Matter Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure As Bitcoin (BTC) experienced a modest dip over the weekend – falling from nearly $112,000 to $106,600 – late longs bore the brunt, with over-leveraged traders facing significant liquidations. In contrast, long-term investors took advantage of the pullback […]
Financial Insights That Matter A second suspect was detained Tuesday in connection to the alleged torture of an Italian man inside a New York City townhouse over his refusal to disclose a Bitcoin password. William Duplessie surrendered this morning to a Manhattan precinct and was charged with assault, kidnapping in the first degree, unlawful imprisonment in […]
Financial Insights That Matter Gurgaon-based full truckload aggregator TrucksUp has announced a joint venture with Shriram Finance Ltd to offer financial products to transporters, fleet owners, and logistics companies.Sarthak Elwadhi, co-founder of TrucksUp, said the partnership aims to improve financial access in the logistics sector. “By offering financing options tailored to transporters and fleet owners, […]
Financial Insights That Matter A crypto investor from Kentucky has been arrested after allegedly kidnapping and torturing a 28-year-old Italian tourist in a luxury Manhattan townhouse for nearly three weeks. John Woeltz, 37, was charged Saturday with kidnapping, assault, unlawful imprisonment, and illegal gun possession after the victim escaped the home and flagged down a […]
Financial Insights That Matter Vice President JD Vance and two of the president’s children are among the MAGA characters set to speak at a Bitcoin conference in Las Vegas this week. President Donald Trump will not speak at the conference, as he did last year amid his presidential campaigning, but Eric and Donald Trump Jr. […]
Financial Insights That Matter The crypto trader wanted for questioning in the horrific torture of an Italian bitcoin dealer inside a posh SoHo townhouse turned himself in to cops Tuesday — after living it up in the Hamptons over the holiday weekend, law enforcement sources told The Post. William Duplessie became a person of interest […]