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The ex-director of the Digital Currency Research Lab at PBoC said that surveillance was never the intention for creation of the digital yuan.
AMC Stock Up 35% Attributed to High Trading Volume by Reddit Enthusiasts 5 hours ago by Steve Muchoki · 2 min read Photo: Depositphotos You have successfully joined our subscriber list. AMC stock surge has come as a surprise to many Wall Street analysts especially due to headwinds caused by the global COVID-19 pandemic. AMC Entertainment Holdings Inc (NYSE: AMC) stock experienced a surge on Thursday by over 47%, closing the day trading at $26.52 (with a 35.6% rise). Meanwhile, the AMC stock had added approximately 10% during Friday’s pre-market. The soaring stock was attributed to specu...
JD Logistics Shares Jumps over 17% from IPO Pricing of HK$40.36 on Friday 3 hours ago by Steve Muchoki · 3 min read Photo: Depositphotos During the financial year 2020, JD Logistics arm reported revenue of approximately $11 billion. JD Logistics shares closed Hong Kong IPO debut trading at HK$41.70, up 3.3% from the opening price. JD Logistics is a spin-off from the Chinese e-commerce firm JD.com Inc (NASDAQ: JD). Notably, JD Logistics shares had risen as much as 18% during the Hong Kong trading hours. Consequently, JD shares on Nasdaq tweaked approximately 0.23% during the Friday pre-mar...
Talos Closes Series A Round of Funding with $40M Led by Andreessen Horowitz 2 hours ago by Steve Muchoki · 3 min read Photo: Unsplash You have successfully joined our subscriber list. According to Talos, the funds will be used for developing a platform that helps institutional investors seamlessly access the cryptocurrency ecosystem. Talos, an institutional-grade technology infrastructure provider, has announced the close of a Series A round of funding with $40 million led by venture capital firm Andreessen Horowitz. According to the firm through a press release, the just concluded Series...
During Amazon’s shareholder meeting on Wednesday, Jeff Bezos announced that he will be formally stepping down as Amazon CEO on 5th July.