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Benzinga
Crypto-Wills: How To Leave Cryptocurrency In Your Will
The Basics of Cryptocurrency and How to Leave it in Your Will the Right Way Author: Patrick Hicks, Head of Legal with Trust & Will Cryptocurrency is a relatively new phenomenon and as such, leaving cryptocurrency in a will is somewhat uncharted territory. If you’re one of many who have purchased Bitcoin, Ethereum, Binance and the like, you might be wondering how you should work it into your estate plan. Know that simply gifting bitcoin isn’t effective. You also have to make sure that your benefi
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Bloomberg
Four of Hong Kong’s Top Banks Halt Some Evergrande Mortgages
(Bloomberg) — HSBC Holdings Plc, Bank of China Ltd.’s Hong Kong unit and at least two other major lenders stopped providing mortgages to buyers of China Evergrande Group’s unfinished residential properties in Hong Kong, the latest sign of dwindling confidence in the developer’s financial strength.The lenders, which also include Hang Seng Bank and Bank of East Asia, suspended new mortgages for Evergrande’s two projects under construction in Hong Kong after re-evaluating the risks of such loans,
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TechCrunch
Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund
When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. Aruna was created to bring them closer to customers like restaurants and exporters, the way farm-to-table startups are aggregating the agricultural supply chain.
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FX Empire
Bitcoin Reversal Begins?
In my video, I describe the situation that is beginning to unfold BEFORE the green candle appeared. This move has to do with the probability of the AREA which I have been talking about for weeks.
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Reuters
New Jersey orders BlockFi cryptocurrency firm to stop offering interest-bearing accounts
New Jersey ordered the cryptocurrency platform BlockFi Inc to stop offering interest-bearing accounts that have raised $14.7 billion from investors, the state’s acting attorney general said on Tuesday. A cease and desist order from New Jersey’s Bureau of Securities said BlockFi’s accounts were not registered with that office or exempt from registration, and their sale violated New Jersey securities laws. Andrew Bruck, the acting attorney general, said the enforcement action against Jersey City, New Jersey-based BlockFi came amid concern about the growth of decentralized finance platforms for investors in digital assets.
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Associated Press
Putin hails Russia’s air power as new fighter goes on view
Russian aircraft makers on Tuesday unveiled a prototype of a new fighter jet that features stealth capabilities and other advanced characteristics and will be offered to foreign buyers. Russian President Vladimir Putin inspected the prospective warplane displayed with much fanfare at the MAKS-2021 International Aviation and Space Salon, which opened Tuesday in Zhukovsky, outside Moscow. Russian aircraft maker Sukhoi developed the new fighter under the LTS program, a Russian acronym for the Light Tactical Aircraft.
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Simply Wall St.
Coinbase’s (NASDAQ:COIN) Share Price Still Implies an Optimistic Outlook After 50% Decline
Shares of Coinbase Global, Inc. (NASDAQ:COIN) have trended lower ever since the company’s IPO in April this year. This isn’t surprising as the prices of Bitcoin and most other cryptocurrencies have also trended lower since April. It seems that the share price is being driven by sentiment rather than fundamentals, which often leads to a stock becoming either over or undervalued.
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MarketWatch
Only one U.S. airline ranked among the 10 best in the world — here’s who came out on top
Many people are taking to the skies again after receiving their COVID-19 vaccination — so which airline should they choose? According to AirlineRatings.com’s annual ranking, their best bet is Qatar Airways, which topped the travel search site’s list of the Top 20 carriers around the world. To be included in the list, an airline must have achieved “a seven-star safety rating,” the website noted.
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MarketWatch
We have $8 million saved for retirement, are in our early 50s and want to retire early, but are worried about healthcare expenses — what can we do?
Congratulations on amassing such a robust retirement nest egg — $8 million is a true feat. Oftentimes, when I respond to letters like yours, where the person has millions of dollars saved, I get feedback from other readers who are frustrated because they think all that money will make retirement an absolute breeze. The truth is, the money definitely helps — there’s no question about it — but if you don’t have the right plans and protections in place, or you don’t keep to some sort of reasonable budget that allows you to live within your means, you could be at risk of falling short in your retirement too.
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Bloomberg
JPMorgan Entices Dimon to Stick Around With Surprise Award
(Bloomberg) — Jamie Dimon’s five-year retirement joke just got serious.The billionaire chief executive officer of JPMorgan Chase & Co. was granted a special gift to persuade him to lead the biggest U.S. lender for another “significant number of years.” He was awarded 1.5 million stock appreciation rights, which are like options and will let him capture a profit if the stock price rises in the coming years.At 65, Dimon is the only sitting bank CEO who led a major firm through the financial crisi
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Bloomberg
Tesla Strikes Deal With Top Miner BHP Over Nickel Supplies
(Bloomberg) — Tesla Inc. has struck a nickel-supply deal with BHP Group, as the electric-car maker seeks to protect itself from a future supply crunch.BHP will provide the automaker with the metal from its Nickel West operation in Western Australia, the world’s biggest miner said in a statement. BHP gave few further details, but said the companies would work together to make the battery supply chain more sustainable.Telsa’s billionaire boss, Elon Musk, has repeatedly expressed concern about fut
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Reuters
Intel’s foundry ambitions could be slowed by lack of deal targets
For Intel Corp Chief Executive Pat Gelsinger, an obvious strategy in his high-stakes bid to make the company a player in producing chips for others would be a transformational acquisition, analysts say. But there is just one problem – a dearth of acquisition targets for Intel to buy. The conundrum came into focus last week when the Wall Street Journal reported that Intel was considering a purchase of chipmaker GlobalFoundries for $30 billion.