Voyager Digital, a crypto broker that filed for bankruptcy last year, has announced that it will liquidate its assets and wind down its business. The decision comes after failed attempts to sell the company to FTX US and Binance US due to regulatory hurdles and other issues. The company’s customers will be able to recover…
Binance halts Bitcoin withdrawals twice in a day due to network congestion
Binance, the world’s largest cryptocurrency exchange by trading volume, has suspended Bitcoin withdrawals for the second time in a day, citing a surge in the Bitcoin network gas fee. The exchange announced on Twitter that it has paused “large volumes of pending transactions” and that its team is working to resume Bitcoin withdrawals as soon…
Antisense Therapeutics Limited appoints Dr James Garner as CEO and MD
SYDNEY, AUSTRALIA: The Board of Directors of Antisense Therapeutics Limited announced the appointment of Dr James Garner MBBS MBA as Chief Executive Officer (CEO) and Managing Director (MD). Dr Jamed Garner will assume the roles as of 07 August 2023. In the interim James will join the Board as a non-executive director, effective immediately. This…
SHUAA Capital appoints Wafik Ben Mansour as Head of Investment Banking
UNITED ARAB EMIRATES: SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, has appointed Wafik Ben Mansour, a seasoned investment banking professional, as Head of Investment Banking, succeeding Fawad Tariq Khan who took over as Group CEO last year. Previously serving as Managing Director at Credit Suisse, Wafik…
ReadCloud appoints Andrew Skelton as the new Chief Executive Officer
SYDNEY, AUSTRALIA: ReadCloud (ASX: RCL) announced the appointment of Andrew Skelton as the new Chief Executive Officer with effect from 15 May 2023. Andrew will take over from founder Lars Lindstrom who stood down from the role in December 2022. Andrew Skelton will be involved in transitioning to the role with selected pre-15 May 2023…
ALS Limited appoints Malcolm Deane as CEO and Managing Director
SYDNEY, AUSTRALIA: ALS Limited has today announced that following a comprehensive global search and selection process, the Board has appointed Malcolm Deane as the Managing Director and CEO, effective immediately. ALS Chairman, Bruce Phillips, said, “The Board’s approach of continuous CEO succession planning over the last few years, involving the consideration of both internal and…
Pursuit Minerals Ltd acquires Lithium Carbonate Plant in Argentina
SYDNEY, AUSTRALIA: Pursuit Minerals Ltd announced the acquisition of a Lithium Carbonate Pilot Plant located in the city of Salta, Argentina. In relation to the Pilot Plant acquisition, Pursuit COO, Aaron Revelle, said: “With the acquisition of the Pilot Plant, Pursuit Minerals confirms its position as the newest pre-eminent Lithium development company in Argentina. The…
Indus Motors Reports 142% QoQ Profit Growth in 3QFY23, Announces Hybrid Vehicle Launch by Next Year
Karachi (May 7, 2023): Indus Motor Company Limited (IMC), the joint venture between House of Habib of Pakistan, Toyota Motor Corporation and Toyota Tsusho Corporation of Japan1, announced its financial results for the third quarter ended March 31, 2023, whereby the company posted a profit after tax (PAT) of PKR 3,216 million (EPS: PKR 40.92),…
JP Morgan: U.S. regulators may ban short selling amid banking crisis
As the U.S. banking sector faces a wave of failures, JP Morgan analysts have warned that regulators may intervene to stop short selling activities that could worsen the situation. Short selling is a form of investment that bets on the decline of a security’s price. Short sellers borrow shares and sell them in the market,…
How to use a blockchain based digital wallet
A blockchain based digital wallet is a digital wallet that allows you to store and manage your cryptocurrencies, such as Bitcoin, Ether, and others. You can use a blockchain based digital wallet to send and receive crypto-assets, convert them into your local currency, and check your balance and transaction history. One example of a blockchain…
Deloitte launches blockchain-based digital wallet for verification credentials
Deloitte, one of the Big Four accounting firms, has announced the integration of blockchain technology to enable its customers to store verification credentials in a single digital wallet. The credential wallet, which is provided as a browser extension, will allow customers to streamline the “typically inefficient” verification processes such as Know Your Customer (KYC) and…
Oppo A98 5G: High-Resolution Renders and Specs Leak Online
Chinese smartphone maker Oppo’s upcoming device, the Oppo A98 5G, has been making its way through the certification process for some time now, and it seems the device is now closer to its launch. The smartphone has been subject to multiple leaks in recent weeks, including a massive specs leak, and now, high-resolution renders of…