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Cryptocurrencies ‘could drop to near-zero at any time,’ Ethereum founder warns

Cryptocurrencies are a nascent asset class and could fall violently at any time, the founder of blockchain network Ethereum warned on Saturday. “Reminder: cryptocurrencies are...

HSBC Bank Malta announces lower profits but increases dividends

Photo: (from left) Rashid Daurov, Chief Financial Officer, Sonny Portelli, Chairman, and Andrew Beane, CEO, HSBC Bank Malta p.l.c. HSBC Bank Malta p.l.c. (‘the bank’) reported...

Deutsche Bank to lay off up to 500 investment bankers

Deutsche Bank is to cut up to 500 investment banking jobs with 250 initially earmarked to go, according to a person close to the...

Malta insists on the importance of direct payments for farmers

During another Agriculture and Fisheries Council Meeting, Parliamentary Secretary Clint Camilleri said that direct payments are needed to provide income stability for such a...

Bank of England Chief says Bitcoin has ‘pretty much failed’ as currency

Bitcoin has failed as a currency measured by standard benchmarks and is neither a store of value nor a useful way to buy things, Bank...

AD calls for in-depth study of economic, social and environmental sustainability for the Maltese...

AD is alarmed that unbridled economic considerations where the market trumps everything else is leading to consequences which are reducing the quality of life...

Hackers stole $6 million from Russian bank via SWIFT system

Unknown hackers stole 339.5 million roubles ($6 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system,...

Artificial Intelligence Contribution in UAE Economy

1 billion Artificial Intelligence Contribution Artificial intelligence is expected to contribute $ 96 billion to the UAE economy by 2030, or 13.6 percent of...

Madrid hopes ECB appointment leads to wider EU role

Spain’s long campaign to secure at least one senior job in the main decision-making bodies of the EU is set to come to fruition...

Crypto currency round up – Major coins show slight increases while Ripple suffers

As was to be expected the weekend brought mixed results for the crypto currency markets with many trading sideways although there was a general...

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