Troubled Canadian crypto exchange QuadrigaCX owes its customers $190 million and cannot access most of the funds, according to a court filing obtained by CoinDesk. In a sworn affidavit filed Jan. 31 with the Nova Scotia Supreme Court, Jennifer Robertson, identified as the widow of QuadrigaCX founder Gerald Cotten, said the exchange owes its customers roughly
Month: February 2019
Natural light can boost a buyer’s mood when walking through your home.Armstrong Flooring Selling your home in the spring doesn’t mean you have to actually wait until spring to prepare your home for a sale. After the holiday whirlwind of festivities and guests, it’s time to get your house in order this winter for a
If you win money in a Super Bowl bet on Sunday, remember while you’re celebrating that Uncle Sam can be a bit of a party crasher. No matter where you wager — whether at a casino, through a pool or fantasy league, or at your neighbor’s annual bash — the IRS expects you come to
After January’s strong jobs report calmed some recession fears, investors will be picking through the next wave of earnings reports and economic data for clues on just how much the U.S. economy could be slowing. Dozens of earnings, from companies like Alphabet, Disney and Eli Lily, report in the week ahead, and there are just
Ethereum 2.0 is closely approaching. The blockchain project has just launched its first pre-release for phase zero of the network’s transition to the new and improved Ethereum (ETH). Yesterday, Ethereum published a new post on its Github releasing the details of the pre-release. Ethereum 2.0 The new post explains: “[This] marks the first release in
Bitcoin has officially entered the longest stretch of declining prices in its 10-year history. The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the
Portrait of a family of four standing in front of their new home photo credit: GettyGetty There’s a lot for homebuyers to be optimistic about as we head into February. Mortgage rates hit their lowest monthly average in nearly a year last month, and 15% of listings saw a price cut in the same period.
After falling for two weeks, mortgage interest rates turned ever so slightly higher last week, and that apparently turned potential borrowers back on their heels. Mortgage application volume decreased 3 percent last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 16.5 percent lower than a year earlier.
Many market commentators will try to explain why the stock market kicked off 2019 with the best January in decades, but CNBC’s Jim Cramer stressed on Friday that the move wasn’t tied to historical patterns or the calendar. “You know why stocks had such a good start this year? For the same reason they had
Check out the companies making headlines midday Friday: Papa John’s — The third-largest pizza delivery company saw its stock fall 8 percent after Reuters reported Papa John’s would not sell itself, despite offers from private equity firms. The firm’s offers reportedly did not meet Papa John’s valuation expectations. Exxon Mobil — Shares of Exxon Mobil
The world’s largest cryptocurrency exchange by trading volume, Binance, has given traders another reason to flock to its platform. Binance now accepts credit cards. Who’d have thought it!? Users can now buy cryptocurrencies using their Visa or MasterCard credit cards. This is no doubt going to please a lot of traders. Let’s check it out. Binance Accepts
Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,” as part of a
The Star — originally the Texas Company (Texaco) regional headquarters and now a luxury residential tower — earned ULI-Houston’s Development of Distinction Award in the for-profit category (large scale, more than 100,000 square feet). Photo courtesy of Urban Land Institute-Houston and The Star Urban Land Institute-Houston announced its 2019 Development of Distinction award winners. And while
Super-wealthy investors are making some changes to their portfolios for 2019. They are increasing their cash holdings and reducing their equity exposure. They are also cutting back on some of their real estate investments and finding a “short-term solution” in fixed income, according to Michael Sonnenfeldt, founder of investment club Tiger 21. “There’s a lot
View Bitcoin registered losses for a record sixth straight month in January, reinforcing the bearish view put forward by the moving average studies on the monthly chart. As a result, a re-test of December lows near $3,100 could be on the cards. The odds of a sustained rise to $4,000 would improve if the 200-week
After Amazon dropped on its earnings report, Wall Street analysts mostly stuck by the internet juggernaut, tweaking estimates and lowering price targets slightly. Amazon shares dropped sharply during its earnings call and are down just around 4 percent in pre-market trading Friday to $1,644. Some analysts did warn choppy trading could be ahead ahead due
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