• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 17th Futures News: Looking ahead to next week, the escalating and ongoing conflict will provide continued upward momentum for the crude oil market. However, the possibility of the US returning to the negotiating table cannot be ruled out, which would limit the price increase. Overall, international oil prices may continue to rise in the short term. On the supply side, there are currently no new refinery maintenance or resumption of operations in Shandong, and the refinery operating rate is trending towards stability, with the overall operation remaining stable. As for major refineries, Qingyang Petrochemical plans maintenance, resulting in a slight decrease in the operating rate, and the supply of gasoline and diesel resources is relatively stable. On the demand side, driven by the continuously rising market, companies with low inventory have made moderate restocking, but terminal demand has not shown a significant increase, resource consumption is slow, and large-scale market operations are cautious. Next week, the retail price increase window will materialize, and the new round of price adjustments still shows an upward expectation. While there is still positive news support, terminal market demand is unlikely to keep up, putting pressure on high prices. A slight decline in gasoline and diesel prices cannot be ruled out.July 17 - Data released by the State Administration of Foreign Exchange on July 17 shows that in the first half of this year, banks foreign exchange receipts and payments on behalf of customers totaled US$9.2 trillion, a year-on-year increase of 21%. Banks foreign exchange settlement and sales totaled US$2.9 trillion, a year-on-year increase of 24%, both record highs for the same period. my countrys foreign-related economy maintained a good momentum of development, with cross-border trade and investment becoming more active.July 17 - On the morning of July 17, President Xi Jinping attended the opening ceremony of the 2026 World Artificial Intelligence Conference and the High-level Meeting on Global Governance of Artificial Intelligence in Shanghai.On July 17th, according to CNN, US President Trump addressed the American people during a rare wartime prime-time session, but he did not use the opportunity to clearly outline his strategy for dealing with the escalating conflict with Iran. In fact, he barely mentioned the conflict. "We have the most powerful and effective military in the world today. Thats what I built during my first term, but unfortunately, were now forced to use it," he said, adding that the US is "winning big on Iran, and youll soon see the results of those efforts." This was Trumps only mention of the conflict.The Hang Seng Tech Index fell further to 2%, while the Hang Seng Index is currently down 0.59%.

Crypto lender Voyager Digital gets approval to return $270 million to customers

Alice Wang

Aug 05, 2022 15:16

微信截图_20220805145311.png


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the U.S. Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


Voyager Digital Holdings Inc., a cryptocurrency company, has been granted permission by the US Bankruptcy Court in New York to restore $270 million in client funds, the Wall Street Journal reported on Thursday.


According to the Journal, Judge Michael Wiles, who is in charge of Voyager's bankruptcy, said the firm had "sufficient grounds" to back up its claim that clients should be given access to the custodial account kept at Metropolitan Commercial Bank.


The business did not immediately respond to requests for comment.


Voyager, one of several businesses that struggled after the widespread turbulence on the cryptocurrency market, filed for Chapter 11 last month.


Voyager reported that it had between $1 billion and $10 billion in assets and liabilities, as well as over 100,000 creditors, in its bankruptcy case.


The Federal Reserve and the Federal Deposit Insurance Corp (FDIC) issued an injunction to the firm last week directing it to stop making "false and misleading" promises about the government's protection of its clients' cash.


The firm only had a bank account at Metropolitan Commercial Bank, according to the authorities, and none of the investors using its platform were covered by the FDIC.


During the COVID-19 epidemic, cryptocurrency lenders like Voyager saw a surge in business, luring depositors with high interest rates and convenient access to loans that conventional banks seldom ever gave. Lenders have suffered from the recent decline in cryptocurrency markets, which was brought on by the failure of two significant tokens in May.