A group representing about 20,000 investors in Helbiz Inc has filed a motion seeking a temporary restraining order and preliminary injunction against the company. Investors want a motion granted to stop the company from destroying smart contracts that supports Helbiz Inc.’s ERC20, a token also known as Helbizcoin (HBZ). The application was filed on 6 July 2020. According to a motio
20,000 Helbizcoin Investors Accuse Company of Trying to Destroy Evidence, Seek Court Injunction
Despite short selling's legal status and its apparent market benefits, many policymakers, regulators and the public remain suspicious of the practice.
Why is Short Selling Legal? A Brief History
Bitcoin’s consolidation phase seen throughout all of May and June is showing few signs of letting up anytime soon and has caused the cryptocurrency’s volatility levels to hit multi-year lows. Although there aren’t many overt technical catalysts for volatility in the near-term, there may be a few events that could help to shake up BTC’s consolidation phase. These factors also seem t
These Three Factors Suggest Bitcoin is About to See Some Bearish Turbulence
The Great Recession of 2008 spawned two things: Bitcoin and increasingly lower negative interest rates. To spur economic growth and ensure the stability of the macroeconomy, central banks around the world have been increasingly lowering their policy interest rates. In Japan and in much of Europe, interest rates are negative, meaning that banks get paid by central banks to borrow mo
U.S. Treasury Bonds Are Still on Track to Go Negative in Boost to Bitcoin
Variable costs and fixed costs, in economics, are the two main types of costs that a company incurs when producing goods and services.
Understanding Variable Cost vs. Fixed Cost
Systemic risk generally refers to an event that can trigger a collapse in a certain industry or economy, whereas systematic risk refers to overall market risk.
Systemic Risk vs. Systematic Risk: What's the Difference?
An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns.
The Wall Street Journal: OPEC and allies set to ease oil output cuts, anticipating demand recovery
To get stock dividends, you must buy the stock or already own it at least two days before the date of record or one day before the ex-dividend date. Here's why.
Comparing Ex-Dividend Date vs. Date of Record
Both an International Bank Account Number (IBAN) and a Society for Worldwide Interbank Financial Telecommunication (SWIFT) code can be used for international money transfers. Here's how they differ.
IBAN vs. SWIFT Code: Comparing the Differences
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments switch to
Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
The former special counsel Robert Mueller published a Washington Post op-ed on Saturday defending the Russia investigation just one day after President Donald Trump commuted Roger Stone's sentence. Mueller wrote that despite Stone's commutation, he "remains a convicted felon, and rightly so." Mueller appeared to fire back at the Trump administration's claims that Stone was a "victi
Robert Mueller speaks out for the first time in a year, writing that Roger Stone 'rightly' remains a convicted felon even after Trump's commutation
PENSION savings are something which will make up a significant part of retirement income for many people. However, a new report has warned that men have hundreds of thousands more accumulated for their pension by women when they reach this time of life.
Pension warning: Women £135,000 worse off than men in retirement - Brits urged to act
After years of underperformance compared to the rest of the crypto market, XRP has been pumping from bear market lows. But just as the altcoin reaches a key level on its Bitcoin trading pair, an ominous sell signal has triggered. Will the recent rally in Ripple fully retrace as pumps have in the past? Or will the cryptocurrency finally recover in its ongoing battle against BTC? Da
XRP Rally Risks Retracement, Faces Pivotal Battle With Bitcoin
Learn about the top indicators and tools trend traders use to establish when trends exist and find entry and exit points.