EUR/USD 1.16114
-0.048%
Gold 4529.78
-0.292%
Oil 96.482
-0.722%
USD/JPY 159.036
0.037%
GBP/USD 1.34264
-0.032%
GBP/JPY 213.515
0.007%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
The Hang Seng Index continued its upward trend before midday, rising more than 1%, with Lenovo Group (00992.HK) leading the constituent stocks with a gain of over 15%. The Hang Seng Tech Index is currently up 1.7%.A Reuters poll shows that 14 of 27 economists expect the Reserve Bank of New Zealand (RBNZ) to raise the official cash rate to 2.50% or higher by the end of the third quarter; the median forecast for the official cash rate at year-end is 2.75% (compared to 2.50% in the April survey). 28 of the 29 economists expect the RBNZ to keep the cash rate at 2.25% on May 27.Samsung Electronics shares fell 2%.On May 22, Li Chao, Deputy Director of the Policy Research Office and Spokesperson of the National Development and Reform Commission, stated at a press conference that the core technologies and application demands in the field of artificial intelligence are showing rapid growth. We consistently adhere to a systematic approach, sector-specific policies, openness and sharing, and security and controllability, promoting the extensive and deep integration of artificial intelligence with all sectors of the economy and society. We guide domestic large-scale models to increase their adaptation to domestic computing chips, ensuring independent control, ethical development, and steady progress while maintaining rapid development, so that all people can share the fruits of artificial intelligence development. This is also a prominent feature of my countrys artificial intelligence development.The main fuel oil contract fell by 2.00% during the day, and is currently trading at 4037.00 yuan/ton.

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.

Suggestion