The US Federal Bureau of Investigation has confirmed that North Korean hackers were behind what US media are calling the biggest crypto theft on record. The FBI made the announcement on Wednesday. Last Friday, the Dubai-based cryptocurrency exchange Bybit said that it had digital assets worth about 1.5 billion dollars stolen in a cyberattack. The
(Bloomberg) — A diversified investment strategy that seeks to juice returns through leverage is finding new love among big money managers — more than a decade after it blew up during the 2008 financial crisis. The approach, widely known as “portable alpha,” uses derivatives to track returns of long-only indexes and then invests the
(Bloomberg) — Gold touched a fresh record, as exchange-traded funds backed by the precious metal draw renewed interest from investors. Bullion hit a new all-time high of $2,956.19 an ounce on Monday, topping the previous peak reached on Thursday, before paring gains. Prices have risen for the past eight weeks, the longest streak since 2020.
(Bloomberg) — Canada’s Equinox Gold Corp. sought to acquire Calibre Mining Corp. in a deal that would value the combined companies at $5.4 billion, the latest example of dealmaking as miners capitalize on record gold prices. Vancouver-based Equinox said on Sunday it entered into an agreement to purchase Calibre in an all-stock transaction. Calibre shareholders
Victoria. Mahe, Seychelles, Feb. 17, 2025 (GLOBE NEWSWIRE) — BitMart Research, the research arm of BitMart Exchange, has released an extensive report on World Liberty Financial (WLFI), a DeFi initiative backed by members of the Trump family. This report provides a comprehensive analysis of WLFI’s financial strategy, political influence, and long-term investment potential, making it a must-read for investors, policymakers,
With 2024 being an exceptional year for gold, Daniel Ghali, director of commodities strategy at TD Securities, explains whether 2025 will see similar results as (Bloomberg) — As Canada’s currency weakens, fund managers are leaning into sectors that pay expenses in the local currency while collecting revenue in US dollars. That has made buying stocks
John Tumazos, analyst of Very Independent research, discusses about Barrick has ceased its activities in Mali. (Bloomberg) — Barrick Gold Corp. and Mali are set to resume talks on resolving a monthslong dispute over the distribution of revenue from one of the world’s biggest gold mines. Negotiations between representatives of the government and the world’s
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video An explosion ripped through a museum in the Netherlands before thieves stole multiple Romanian prehistoric artefacts, including a 2,500-year-old gold helmet. Footage shows three masked men breaking in the Drents Museum in the northeast city of Assen,
(Bloomberg) — The Philippines on Thursday sold a two-part dollar bond and a euro tranche, capitalizing on a recent drop in borrowing costs abroad. The Southeast Asian nation, which has investment-grade credit ratings, raised $2.25 billion (2.4 billion euros) in dollar-denominated bonds due in 10 and 25 years, along with a €1 billion ($1.04 billion)
An example of a scam website offering ‘the taste of Dubai’ (Picture: Kaspersky) Chocolate fans hoping to get a taste of the latest trend are being urged to be aware of where they’re buying from. The Fix Dessert Chocolatier bar is going viral on social media right now, with taste tests and unboxings of the