Industry

Mythical Games, a prominent blockchain gaming company, made a significant move by transferring its Mythical Chain to the Polkadot ecosystem. This strategic decision opens up a new chapter for the gaming industry, facilitating the creation of a highly interconnected gaming ecosystem in Web3. By migrating to Polkadot, Mythical Games enabled partners of the Mythos game
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The recent proposal by the Federal Deposit Insurance Corporation (FDIC) to replace CUSIP numbers with Financial Instrument Global Identifiers (FIGI) has sent shockwaves through the municipal bond market. The move, based on standards developed by Bloomberg, has raised concerns and sparked debates among industry experts. Matthew Bastian, senior director at CUSIP Global Services, expressed his
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Recent developments in the UK’s financial sector have brought some relief to homeowners across the country. Following the Bank of England’s decision to lower its Bank Rate to 5%, major lenders such as HSBC, Santander, and Nationwide have started to slash their mortgage rates. This move signals a potential easing of financial pressure on households,
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ChainwireGoMining, a leading Bitcoin mining company, has recently announced that their native asset, the GOMINING token, is now available for trading on the BingX crypto exchange. This partnership aligns with GoMining’s mission to democratize the Web3 and Bitcoin mining industries by enhancing the accessibility of their token. Mark Zalan, the CEO of GoMining, emphasized the
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Moderna recently reported its second-quarter revenue, which surpassed expectations, but the biotech company decided to slash its full-year sales guidance. The decreased guidance was attributed to lower anticipated sales in Europe, a competitive market for respiratory vaccines in the U.S., and the potential for deferred international revenue until 2025. Despite this, Moderna is now projecting
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Boeing has recently announced the appointment of Robert “Kelly” Ortberg as the new CEO, replacing Dave Calhoun. Ortberg, a veteran in the aerospace industry, comes from outside the company, bringing with him a wealth of experience from his time at Rockwell Collins. With Ortberg set to start on August 8, the industry is watching closely
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Recent data from the Mortgage Bankers Association suggests that home affordability has slightly improved for buyers this summer. The report indicates that the median new mortgage payment in June was $2,167, reflecting a 2.4% decline from May. This improvement in affordability can be attributed to a decrease in the index that measures how new monthly
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Spirit Airlines, known for its budget-friendly approach to air travel, is making significant changes to its ticketing options in an effort to attract more customers and increase revenue. Starting next month, the Florida-based carrier will introduce four categories of service aimed at providing travelers with more choices and added perks. From “Go Big” Tickets offering
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