Financial Innovation

Here’s Why Bitcoin Dipped – and What Crypto Bulls Are Saying About It

Bitcoin was beaten this weekend as China stepped up its brakes on cryptocurrency trading, falling nearly 50% from its all-time high. Following previous initiatives by Chinese financial sector bodies, the State Council’s Financial Stability and Development Committee said on May 21 that it will also crack down on bitcoin mining …

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Jack Ma is stepping down as president of the academy he founded: Financial Times, East Asia News & Top Stories

BEIJING (BLOOMBERG) – Mr Jack Ma will step down as president of Hupan University, an elite business academy he co-founded six years ago under pressure from Beijing, the Financial Times reported. The move comes as Chinese authorities crack down on the influence of the billionaire co-founder of Alibaba Group Holding, …

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“ Unicorns ” are not a myth in the startup world

notice By Scott Meacham | Oklahoman Oklahoma and i2E marked another innovation and entrepreneurship first in April when Alkami Technology, the first “unicorn” of our state and company, made its Nasdaq (ALKT) debut. In the language of venture capital, “unicorn” describes a private start-up whose valuation exceeds $ 1 billion. …

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QIB honored for its exceptional innovations at the Global Finance 2021 Innovators Awards

* QIB’s digital accounts and integrated domestic worker point-of-sale services for businesses and SMEs ranked among the best innovations in Islamic finance this year Qatar Islamic Bank (QIB) has once again been crowned for revolutionizing the banking industry in Qatar and the global Islamic banking industry with the introduction of …

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Biden admin to end next-gen ACO model after this year

The Biden administration has decided not to expand the next generation responsible care organization model, which is expected to end at the end of 2021. The decision announced Friday night ends a program that called on ACOs to take more financial risks than the Medicare shared savings program. The model …

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London startup fighting financial crime with ML chooses $ 70million from Goldman Sachs

London-based global data technology company – ComplyAdvantage the transformation of financial crime detection announced a new investment from Goldman Sachs Growth Equity (“Goldman Sachs”). Although the terms of the transactions were not disclosed, the machine learning (ML) scale-up extended its Series C investment to $ 70 million with this new …

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Ford Motor and SK Innovation Announce North American EV Battery Joint Venture

Bloomberg Chinese goods in Sea of ​​Red as global rout spreads east (Bloomberg) – The global commodities rout has spread to China, iron ore, coal and soybean futures collapsing, as markets gripped by fears of inflation and that the Beijing authorities continued to try to lower the prices of the …

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Victory Square Technologies signs binding letter of intent to invest in a renewable energy company

VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) – Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE: VST) (OTC: VSQTF) (FWB: 6F6), a investors to access a diverse portfolio of next-generation internet companies in key industries including: circular economy, digital health, gaming, blockchain, AR / VR, cybersecurity and …

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The ‘language of innovation’ encompasses fossil fuel subsidies

Australian governments are Wrap hundreds of millions of dollars in fossil fuel industry subsidies in “the language of innovation,” according to new analysis. The Australian Institute analyzed federal and state government assistance to fossil fuel producers and major users over the past fiscal year, finding that they had received $ …

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