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The collapse of the FTX crypto exchange is under consideration by the Bahamian authorities

Investigators from the authorities are looking into the collapse of the bitcoin exchange FTX. Following a $6 billion withdrawal by traders in under 72

Investigators from the authorities are looking into the collapse of the bitcoin exchange FTX. Following a $6 billion withdrawal by traders in under 72 hours, FTX filed for bankruptcy on Friday. The Royal Bahamas Police and the Bahamas Securities Commission are investigating any potential criminal wrongdoing. The accounts of FTX, Alameda Research, and its management have been blocked by the cryptocurrency exchange Kraken. Ryne Miller, the U.S. general counsel for FTX, claims that assets are being placed in cold storage. At least $1 billion in customer funds have disappeared as a result of the turmoil at FTX. Read More..

B2B Tech News | 2 years ago          

The multibilliondollar energy derivatives market in Europe is under scrutiny

The financial regulators in Europe are tightening their control over the energy derivative trading that energy companies use to hedge the price of gas

The financial regulators in Europe are tightening their control over the energy derivative trading that energy companies use to hedge the price of gas and electricity. The European Central Bank, which is Europes top financial body, has started an investigation into the market for energy derivatives. The investigation was started when Germanys Uniper, a major energy company, went under. According to Finlands Minister of Economic Affairs, Mika Lintila, this has the makings of a kind of Lehman Brothers of the energy industry. According to ECB President Christine Lagarde, the bank would not provide European energy companies with shortterm credit. Read More..

B2B Tech News | 2 years ago          

EuroCCP devient Cboe Clear Europe

CBOe Clear Europe has replaced EuroCCP as the premier panEuropean clearing house and a division of Cboe Global Markets, Inc. Cboe CBOE. Preferred clea

CBOe Clear Europe has replaced EuroCCP as the premier panEuropean clearing house and a division of Cboe Global Markets, Inc. Cboe CBOE. Preferred clearing, which is employed on venues that do not offer real clearing interoperability, has experienced significant growth for the company. With clearing services provided to 47 trading venues, Cboe Clear Europe is the largest interconnected CCP in Europe. Significant posttrade efficiencies in European equity markets have been driven by the company. Cboe will continue to run as a standalone division of the company, maintaining a distinct management and governance structure. Read More..

B2B Tech News | 2 years ago          

Companies support Made in Australia to ease the pressure on the supply chain

According to new NAB research, one in two business owners would use more Australian suppliers in order to address the nations ongoing supply chain pro

According to new NAB research, one in two business owners would use more Australian suppliers in order to address the nations ongoing supply chain problems. Business owners believe supply issues have subsided in Q3, according to insights from Australias largest business bank. Compared to 31% in Q2, 1 in 4 still cite supply problems as a major problem for their company in the most recent three months. Read More..

B2B Tech News | 2 years ago          

H2O Launches H2O World in Sydney with Commonwealth Bank of Australia

The Driverless AI Wizard, an interactive tool created to assist both amateur data scientists and seasoned users in maximising the effectiveness and ef

The Driverless AI Wizard, an interactive tool created to assist both amateur data scientists and seasoned users in maximising the effectiveness and efficiency of their AI models, has been made available by H2O.ai. The business also disclosed upgrades to H2O Hydrogen Torch, their nocode deep learning engine. The Commonwealth Bank of Australia has increased the use of digitised documents in its machine learning systems, and now has the capacity to process millions of files using a variety of specially trained models. The goal of H2O.ai is to democratise AI and make the world a better place. Read More..

B2B Tech News | 2 years ago          

Global funds gobble up Korean chip stocks, push Kospi to top of Asia

Following the massive surge last week, Asian stock markets are taking a break. Bond rates and the USD both declined as a result of a little US inflati

Following the massive surge last week, Asian stock markets are taking a break. Bond rates and the USD both declined as a result of a little US inflation forecast error. In order for the bank to let up on the brakes, according to Governor Christopher Waller, a spate of weak reports would be necessary. Prior to a meeting between President Joe Biden and Chinese leader Xi Jinping, US stocks fell on Monday. After rising 3.9% last week, the euro slipped back to $1.0324, while the dollar strengthened to 139.77 yen. Read More..

B2B Tech News | 2 years ago          

Hong Kong stocks rise in mixed AsiaPacific session, Softbank shares fall 14%

In the last hour of trading, the Hong Kong Hang Seng index increased 1.71%, primarily due to gains in property stocks. The Shanghai Composite on China

In the last hour of trading, the Hong Kong Hang Seng index increased 1.71%, primarily due to gains in property stocks. The Shanghai Composite on Chinas mainland reversed earlier advances and dropped 0.13%. Tech goliath SoftBank Group dragged down Japans benchmark index. The largest MSCI index of AsiaPacific stocks outside of Japan increased by 0.6%. After U.S. consumer prices increased less than forecast and China announced some easing of its Covid measures, shares in the region ended last week on a positive note. Read More..

B2B Tech News | 2 years ago          

Antarctica Travel Market Growth Share and Regional Developments 2023

Global Antarctica Travel Market Report 2023 provides a detailed overview of market size, growing share, latest trends with geographical segments, an

Global Antarctica Travel Market Report 2023 provides a detailed overview of market size, growing share, latest trends with geographical segments, and business development strategies. The 98page report includes competitive landscape data, highgrowth potential applications, upstream and downstream analysis, as well as SWOT and Porters Five Forces analysis. From 2017 to 2022, the Antarctica Travel Market increased from USD million to USD million, with the highest CAGR expected to reach USD in 2029. The report keeps track of the most recent market dynamics, such as driving and restraining factors, as well as industry news such as mergers, acquisitions, and investments. Read More..

B2B Tech News | 2 years ago          



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