Pandemic-hit movie industry banks on summer rebound

The new coronavirus pandemic has crippled every aspect of daily life as people increasingly opt to reduce contact, stay at home and shun visits to closed environments out of fear of contracting the virus. But the movie industry, one of the sectors hWant to know more on Pandemic-hit movie industry banks on summer rebound click here go to market news source. Market news summary from The Korea Herald...

(News Focus) Pandemic-hit movie industry banks on summer rebound

By Chung Joo-won SEOUL, July 14 (Yonhap) -- The new coronavirus pandemic has crippled every aspect of daily life as people increasingly opt to reduce contact, stay at home and shun visits to closed environments out of fear of contracting the virus.Want to know more on (News Focus) Pandemic-hit movie industry banks on summer rebound click here go to market news source. Market news summary from Yonhap Market...

Fidelity Acquires 10% Stake in Bitcoin Mining Firm Hut 8

The giant fund manager Fidelity International holds roughly 10.6% stake in the bitcoin mining company Hut 8. For six years now, Fidelity, the firm that currently manages $300 billion on behalf of its customers, has been mining the cryptocurrency bitcoin. In May 2017, news.Bitcoin.com reported on Fidelity integrating with Coinbase, mining bitcoin, and even accepting the digital asset at the firm’s cafeteria at its headquarters. Fidelity has been...

Chainlink Token Price Surges, Briefly Breaks Into the Top Ten by Market Cap

The price of Link, the native token of the Chainlink network, soared in 48 hours gaining some 40% in that period. This rally saw the token briefly breaking into the crypto market capitalization top ten. At the time of writing, the token LINK had a market capitalization of nearly $2.6 billion easily beating EOS whose capitalization stood at $2.4 billion. The token, which had its listing in September...

Joint Congressional Oversight Committee urged to take a second look at restrictive provisions of UHC Law

Lawmakers have urged the Joint Congressional Oversight Committee on Universal Health Care (UHC) to immediately take a second look at the UHC Law, particularly its “restrictive” provisions that limit the country’s access to any breakthrough on medicines and drugs amid the COVID-19 pandemic. MANILA BULLETIN FILE Negros Occidental 3rd District Rep. Jose Francisco “Kiko” Benitez led the filing of House Resolution No. 1031, which calls on the joint...

Abra Crypto App Charged by SEC for Transactions Affecting Thousands of US Stock and ETF Purchases

Abra cryptocurrency app has been charged by two US regulators: the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The company has agreed to cease-and-desist orders as well as fines. The SEC says Abra’s employees “effected thousands of stock and ETF purchases in the US to hedge the contracts.” Abra Crypto App Sanctioned in the US The SEC and CFTC independently announced on Monday...

Bitcoin Difficulty Touches All-Time High, 120 Exahash of Hashpower Remains Strong

The network difficulty for the Bitcoin network spiked over 9.8% on Monday bringing the difficulty to its highest point ever. The record high of 17.35 trillion makes it much harder for bitcoin miners to profit. However, the overall Bitcoin network hashrate has remained consistently above the 120 exahash per second (EH/s) zone. On July 13, 2020, the Bitcoin (BTC) network saw it’s largest difficulty metric ever, as it...

MAS-led payments network on path towards commercial adoption of blockchain technology

THE Monetary Authority of Singapore (MAS) and Temasek on Monday released a report highlighting the "commercial potential" of Project Ubin, paving the way towards live adoption of blockchain technology. Want to know more on MAS-led payments network on path towards commercial adoption of blockchain technology click here go to market news source. Market news summary from The Business Times News.Author: Natalie Choy
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