Recent Posts

Wirecard Collapsed While Leaving $4 Billion Debt

Wirecard office

On June 25, Wirecard collapsed leaving a debt of $4 billion from creditors after revealing a widening gap in their financial statements which their auditor EY said to be the aftermath of complex global fraud. The payments firm filed for insolvency at the Munich court explaining that their $1.5 billion …

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Stock Market: Why It has become expensive?

As the market closed last Friday (June 19, 2020), the S&P 500 was going up to 41% from the March 23 lows. According to FactSet, the rally in stock process combined with the reduction in earnings forecasts have pushed the S&P’s forward 12 months P/E ratio to 21.9. The widely …

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Hyperinflation Results in Mass Protests in Lebanon

One of the heaviest words that you may possibly hear in your life is HYPERINFLATION. This word refers to a very simple breath that bears with an overwhelming amount of historical and trauma and significance. The fall of the first-ever American currency distributed by the Continental Congress as well the …

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Discovering Ethereum: What Can It Do For Your Business?

Discovering Ethereum: What It Can Do For Your Business? Founded by Vitalik Buterin, Ethereum is the second-largest cryptocurrency technology in the world. Although relatively new, having emerged in the year 2015, Ethereum is the primary competitor of bitcoin and has a significant amount of crowdfunded money. Ethereum Offers More Than …

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Binance to Support the Faster Payments Scheme in the UK

Binance, a cryptocurrency exchange company that offers a trading platform to more than a hundred cryptocurrencies, has recently added two new features in its platform. First, the company now supports UK’s Faster Payments Scheme also known as FPS using the British pound currency (GBP) for transfers. Secondly, it has included …

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