Did Crypto.com Restrict Tether From Canadian Users?
Rumors have been circulating that Singapore-based crypto exchange Crypto.com has delisted Tether (USDT), including all trading pairs with the firm’s stablecoin. The move is said to be effective starting January 31, 2023. “Please take urgent action to review your USDT balance and take any necessary action (e.g. withdrawal or conversion) before the effective date,” the […]
Ohio Legally Reclassifies Natural Gas As “Green Energy”
As Mike DeWine was sworn in for his second term as governor of Ohio, he signed a few controversial bills into law, including an amendment on oil and gas drilling in state-owned lands and the reclassification of natural gas as a form of green energy. The amendment shifts the language of a 2011 state law […]
What’s Going On With First Quantum’s Cobre Panamá Mine?
First Quantum Minerals (TSX: FM) sits in a tight position with the Government of Panama as the two parties can’t seem to agree on how to move forward with the mining firm’s Cobre Panamá mine. Talks are currently suspended and the government is ordering the company to suspend operations and put the mine under “care […]
Ex-McDonald’s CEO Fined $400,000 By SEC For Lying About Affair With Employees
The Securities and Exchange Commission charged Stephen J. Easterbrook, former CEO of McDonald’s Corporation (NYSE: MCD), on Monday with making false and misleading statements to investors regarding the events that led to his dismissal. McDonald’s was also accused with failing to make adequate public disclosures about Easterbrook’s separation arrangement. Easterbrook was fired by the restaurant […]
Trillion Energy Adds Three Wells To Multi-Well Development Program
Trillion Energy (CSE: TCF) is expanding its multi-well development program following early success seen by the company. The firm is adding three wells to the program, which will bring the number of wells to be developed under the program to twenty. Expansion of the program follows lessons learned from the first wells drilled in 2022. […]
Magna Mining Looks To Raise $16 Million After Positive Drill Results
In a totally unsurprising move, Magna Mining (TSXV: NICU) this morning revealed it is looking to raise funds after having two notable drill hole intersects over the last two weeks. The firm is looking to conduct a financing that will raise gross proceeds of approximately $16.0 million. The offering is set to include a charitable […]
Athena Gold Intersects 6.05 g/t Gold Over 27.4 Metres In Nevada
Results from Athena Gold’s (CSE: ATHA) fall drill program conducted at its Excelsior Springs Project in Nevada have finally been released. The program, consisting of nine drill holes across 800 metres in aggregate, was focused on stepping out from a discovery hole drilled in a spring 2022 drill program. Drilling was focused on stepping out […]
ECB: Real Wages Expected To Continue To Decline Due To Inflation
Global markets have rallied over the last few days on hopes for a soft economic landing in 2023 as opposed to a more pronounced downturn. Many stock strategists and economists currently doubt this “rosy” scenario, and the U.S. Federal Reserve seems intent on risking a deep economic downturn by continuing to raise short-term interest rates; however, […]
Fugitive Do Kwon Wants To Call The FBI On Guy Terraform Accidently Sent $1.5 Million Worth of LUNA To
“Just another day in crypto, innit?” said this guy on Reddit. Do Kwon, the founder of Singapore-based Terraform Labs (TFL), the parent company of the stablecoin TerraUSD and cryptocurrency Luna that collapsed in May last year, wants a guy named Jimmy Le to “explain to the FBI” after claiming that “he rugged, bro.” Kwon is […]
Microsoft Mulls Investing $10 Billion Into OpenAI’s Chatbot
Microsoft Corp (NASDAQ: MSFT) is looking to make an even bigger dive into the world of artificial intelligence. The software giant is allegedly considering a whooping $10 billion injection into OpenAI, the research lab behind the widely-captivating ChatGPT chatbot. According to newsite Semafor which cited individuals familiar with the matter, Microsoft is looking to invest […]