AMCs 1-For-10 Reverse Stock Split And APE Conversion Explained

Pananalapi  AMCs 1-For-10 Reverse Stock Split And APE Conversion Explained  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Copyright 2020 The Associated Press. Lahat ng karapatan ay nakalaan  AMC Entertainment (AMC) has dominated financial headlines for weeks and the good folks of Reddit arent to blame. The movie theater company is working through a complex plan to improve its balance sheet and reduce its interest expense burden.  Two key initiatives in the restructure are a reverse stock split and conversion of preferred equity into common stock. Read on to learn the details of these moves and whether they can keep AMC out of bankruptcy going forward.  What Is AMCs 1-for-10 Reverse Stock Split?  AMC completed a 1-for-10 reverse stock split on August 24. The transaction doesnt change the companys value or the value of shareholder positions.  Stock splits and reverse stock splits redistribute a companys value across a greater or fewer number of shares.  ,the share count rises and the share price falls. A 2-for-1 split, for example, doubles the share count and halves the share price. These effects cancel each other out, which is why the value of shareholders‘ positions and the company’s market cap dont change.  ,the share count drops and the share price rises. A 1-for-10 reverse

2023-09-14Industriya

Hiniling ng dating CEO ng Celsius na si Alex Mashinsky sa Korte na I-dismiss ang Mga Singil sa Panloloko ng FTC

The former chief executive of bankrupt crypto lending company Celsius has asked a US court to dismiss the Federal Trade Commissions (FTC) charges against him.  Alex Mashinsky and Celsius former chief revenue officer Roni Cohen-Pavon were arrested in July.  The former executives were slapped with a variety of criminal and civil charges from the FTC, the Department of Justice (DOJ), the Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC).  The FTC specifically accused the former CEO of “tricking consumers into transferring cryptocurrency onto the platform by falsely promising that deposits would be safe and always available.”  Mashinsky and Cohen-Pavon are also accused of manipulating the price of Celsius native token, CEL, which in turn caused traders to purchase it at an inflated price, a move that financially benefited the defendants.  Celsius, which promised high yields to customers for depositing their coins, froze customer withdrawals in June of 2022, citing extreme market conditions. It filed for bankruptcy the following month.  Argue Mashinskys lawyers in a recent memorandum supporting his motion to dismiss the FTC charges,  A recently unsealed court order indicates several bank accounts and a Texas home belonging to Mashinksy have been seized by the DOJ.

2023-09-14Industriya

Malapit na ang Alliance Crypto Conference — Doon Ka Ba?

On September 21, Timișoara—Europes 2023 Cultural Capital—will host “The Alliance.”  This conference, organized by crypto.ro, aims to be a milestone in blockchain and crypto technology.  Event Vision  “The Alliance,” organized by crypto.ro, is a conference focused on pagbabago, pakikipagtulungan, at pag-aaral. The event aims to accelerate the adoption and development of blockchain technology, both on a local and international scale.  It seeks to bring together industry heavyweights, such as Binance—the world‘s largest trading platform—as well as key players from Romania like MultiversX, the country’s most significant blockchain project.  Mga sponsor at Kasosyo  We are proud to announce our key sponsors and partners for this event, who include Binance, MultiversX, WebIt Labs, at Hodlezz.  Their support has been instrumental in bringing this conference to life.  Renowned Speakers  The event stands out for the presence of top speakers, among which are:  Alex Numeris, Founder and CEO at crypto.ro  Kyrylo Khomiako, General Manager at Binance CEE & CIS  Stefan Szakal, Head of Core Applications at MultiversX  Marius Drenea, CEO at Hodlezz and Co-founder at WebitLabs  Alex Arghirescu, CMO at IXFI  and many other influential names.  Bakit Dapat kang Dumalo  The event is estimated to be marked by over 500 international participants, offering networking opportunities, personal and professional development, and access to exclusive opportunities.  Crypto.ro collaborates with major partners, including Binance and

2023-09-14Industriya

Core CPI Inflation Falls To 4.3%; Bitcoin, Ethereum, XRP To Rebound?

Bitcoin Ethereum  Core CPI Inflation Falls To 4.3%; Bitcoin, Ethereum, XRP To Rebound?  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The U.S. Bureau of Labor Statistics announces the consumer price index (CPI) data for August today. The annual inflation rate in the U.S. came in at 3.7% against the expected 3.6%, rising for the second straight month. The headline CPI for July came in cooler-than-expected at 3.2%, but higher than the lowest of 3% for June.  Meanwhile, core inflation, which excludes volatile food and energy, has eased to 4.3% from 4.7%. This CPI release is key data that will determine whether the U.S. Federal Reserve opts for further monetary policy tightening or a pause. The Fed hiked rates by another 25 bps last month to further curb inflation.  Wall Street forecasts CPI to come in line with market consensus. JPMorgan estimates a chance of CPI coming in at 3.6% influencing markets to pick slight upside momentum amid core inflation falling.  Goldman Sachs, Bloomberg, Morgan Stanley, RBC, and Wells Fargo also expect CPI to come in at 3.6%. Whereas, Visa and CIBC predict CPI at 3.5%. However, Barclays, Nomura, Citi, and HSBC are expecting CPI to rise to 3.7% for August.  Analysts believe the U.S. Federal Reserve

2023-09-14Ethereum

Sinasaksihan ng Presyo ng Ethereum ang Maikling Uptick habang Lumalaban ang Bulls

The price of Ethereum recently broke the key support level of $1600.  ETH price witnessed a brief surge lately after finding support at $1539 level.  Glassnode, a blockchain analytics platform, recently reported that just around 53.5% of Ethereum addresses are profitable. The cryptocurrencys price has dropped by 13.66% over the previous 30 days. Moreover, the price of Ethereum recently broke the key support level of $1600.  According to Glassnodes calculations, the last time the percentage of profitable Ethereum addresses fell under 54% was on January 12 this year. In the latter days of 2022 and the first few days of the current year, the proportion dropped even further.  Retail Traders Likely Buying the Dip  At the time of writing the price of ETH is $1596 as per data from CMC, up 1.08% in the last 24 hours. The price of ETH witnessed a brief surge lately after finding support at $1539 level. The price is testing the $1620 resistance level at the time of writing. If the price manages to close over $1620, it may go higher towards the next resistance level at $1670.  The recent price decline that brought ETH all the way till $1539 is supposed to have sparked a purchasing mania. Retail traders

2023-09-14Industriya

Ang Premia Blue, ang Future-Proof DeFi Options Exchange, ay Live na Ngayon sa Arbitrum

Balita ng Ethereum ng Bitcoin  Ang Premia Blue, ang first-of-its-kind DeFi options exchange, ay live na ngayon sa Arbitrum.  Designed for traders and liquidity providers across all experience levels, Premia Blue offers unparalleled capital efficiency, user functionality and composability in the DeFi space.  Traders are now open to fully customizable European-style crypto options with market-driven pricing and dual trading modes AMM and Orderbook.  Its the only options platform in DeFi where products are composable no matter the preferred trading method.  Premia Blue opens the world to traders and liquidity providers of any knowledge, skill or experience level thanks to its unique features, smooth UX and easy onboarding.  Liquidity providers can open pools on any ERC-20 token permissionlessly while fully customizing their risk profile.  Premia Blue‘s unique ’smart range orders‘ and ’concentrated liquidity,‘ allow liquidity providers to maximize their capital, while one-click ’strategy vaults offer potential passive yields.  Whether one is a trader, market-maker or liquidity provider, Premia Blues robust feature set including the upcoming margin, spreads and lending products empowers them to optimize their strategies and earn potential yield seamlessly.  Bilang bahagi ng espesyal na promosyon ng Premia Blue, para sa isang limitadong panahon, ang mga user ay makakatanggap ng 50% ng mga komisyon sa protocol pabalik sa mga

2023-09-14Industriya

Inanunsyo ni Canaan ang paglabas ng bago nitong Avalon 14 series na miners

The recent “Avalon Bitcoin & Crypto Day” conference held in Singapore was the stage for Canaan, a prominent bitcoin mining application-specific integrated circuit (ASIC) manufacturer, to unveil its latest innovation – the Avalon-made 14 series mining rigs. These cutting-edge mining machines represent a significant leap in energy efficiency and hashing power in the world of cryptocurrency mining. Canaans standout product at the event was the A1466I mining rig, which boasts an astonishing energy efficiency rating of fewer than 20 joules per terahash (J/T), precisely at 19.5 J/T.  Canaan unveils its energy-efficient mining rig  This remarkable achievement is a testament to the firm‘s commitment to pushing the boundaries of energy-efficient mining technology. The A1466I also impresses with its formidable production capacity, delivering up to 170 terahashes per second (TH/s) of SHA256 hashrate output. During Canaan’s presentation, it became evident that the company has put significant thought into the cooling systems of these miners. They offer two distinct cooling options to cater to different mining environments and preferences.  The first option is the submerged liquid-cooled model, which utilizes an innovative liquid-cooling system to maintain optimal operating temperatures. This cooling method not only enhances the longevity of the mining equipment but also contributes to the impressive

2023-09-14Industriya

Hinulaan ni Hayes ang Maagang 2024 Crypto Bull Run, Pag-akyat Ng Filecoin

On September 13th, Arthur Hayes, co-founder and former CEO of BitMEX, delivered a comprehensive analysis of the crypto landscape at Token2049 in Singapore. His insights, which spanned from macroeconomic trends to the intricate dynamics of AI, culminated in a bullish prediction for Filecoin, a decentralized storage solution in the crypto domain.  Why The Bitcoin And Crypto Bull Could Start Early 2024  Hayes began by dissecting the symbiotic relationship between debt, AI, and the intrinsic value of Bitcoin and cryptocurrencies. Historically, he noted, crypto bull markets have been propelled either by fiat currency liquidity or by groundbreaking technological advancements.  However, a simultaneous convergence of these two driving forces has been conspicuously absent. “Over the past decade, one of these two factors has always been the reason we‘ve had a bull market in crypto. Yet, we haven’t witnessed a bull market where both were present at the same time,” Hayes remarked.  Assuming that both factors could play out next year, Hayes ventured a bold prediction for the crypto sectors trajectory. “I believe the next bull market in crypto could commence in early 2024. This could potentially be the most significant bull market not only for cryptocurrencies but also for risk assets since the eras of World

2023-09-14Industriya

Ethereum Creator Vitalik Buterin Says Hacker Used SIM-Swap Attack To Compromise X Account

Ethereum  Ethereum Creator Vitalik Buterin Says Hacker Used SIM-Swap Attack To Compromise X Account  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) creator Vitalik Buterin says that hackers used a SIM-swap scam to take over his account on the social media platform X to commit theft.  In a new post on the decentralized social network Farcaster, Buterin says that whoever committed the offense took over his T-Mobile phone number.  SIM swapping happens when scammers contact a mobile phone carrier and trick them into activating the scam target‘s phone number on a SIM card that they have. Once they have the SIM card activated they attempt to use it to intercept two-factor authentication codes (2FA) for the person’s accounts.  After taking over Buterins X (previously known as Twitter) account, the fraudsters promoted a non-fungible token (NFT) scam and reportedly made off with $691,000.  Sabi ni Buterin,  He also says hes happy to be using Farcaster because his account recovery can be controlled by an Ethereum address.  Farcaster co-founder Dan Romero tinatanggap Buterin to his platform last year.

2023-09-14Ethereum

Ang Bitcoin Lightning ay Nakakuha ng Pangwakas na Pag-apruba Mula sa Coinbase CEO

Coinbase CEO Brian Armstrong announced today that the crypto exchange will integrate the Bitcoin Lightning Network, a layer-2 solution aimed at enabling faster and cheaper BTC transactions. The decision comes after months of scrutiny from the Bitcoin community, including high-profile critics like Jack Dorsey, co-founder and former CEO of Twitter and CEO of Block Inc.  Sa isang tweet, Armstrong naglalagay, “The team did a great job digging into this, and we‘ve made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we’re excited to do our part to enable faster/cheaper Bitcoin transactions. Will take some time to integrate so please be patient.”  Coinbase Will Integrate The Lightning Network  The announcement by Armstrong came in response to a tweet by Viktor Bunin, a protocol specialist at Coinbase Cloud, who is leading the effort to integrate the Lightning Network into Coinbase‘s platform. Bunin tweeted, “Friends, I’m happy to say that I‘m leading up this effort. DM me if you’d like to grab some time to chat Lightning support at Coinbase. Particularly keen to get insights on lift to add support, UX flows, open source tooling, service providers, and edge cases. Thanks!”  Bunin‘s tweet indicates that Coinbase is taking a comprehensive approach

2023-09-14Industriya
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