A Battle for Bitcoin: Swan Bitcoin vs. Proton Management The Allegations A newly filed lawsuit has sent shockwaves through the world of cryptocurrency as Swan Bitcoin, a financial services company focused on bitcoin, accuses former employees of attempting to steal their billion-dollar bitcoin mining business. The lawsuit, filed by Swan’s subsidiary Electric Solidus, claims that…
Welcome to the Witty Economics Blog! August Inflation Data Analysis Hey there, fellow economics enthusiasts! Let’s dive into the latest news on August’s Personal Consumption Expenditures (PCE) data, shall we? August’s PCE data, which is the Federal Reserve’s preferred measure of inflation, came in line with economist expectations on Friday morning. The headline PCE figure…
Exciting News for STEP Energy Services Ltd. Fourth Amended and Restated Credit Agreement Calgary, Alberta– STEP Energy Services Ltd. (“STEP”) (TSX: STEP) has recently announced an update on its credit agreement that is sure to have a positive impact on the company’s operations going forward. STEP has entered into a Fourth Amended and Restated Credit…
LQWD Technologies Corp. Cancels Previous Private Placement, Announces New Offering What Happened? In a surprising turn of events, LQWD Technologies Corp. has decided to cancel its previously announced private placement that was set to take place on two separate occasions. Instead, the company has announced plans for a non-brokered private placement with new terms and…
Microsoft Accelerates Data Center Capacity to Meet AI Demand Partnership with Oracle and Hyperscalers to Address Growing Pressure Microsoft Corporation is ramping up its efforts to increase data center capacity in order to keep pace with the skyrocketing demand for artificial intelligence (AI) technologies. The tech giant has announced partnerships with Oracle and other hyperscalers…
Diamond Estates Wines & Spirits Inc. Announces AGM Results Niagara-on-the-Lake, Ontario–(Newsfile Corp. – September 27, 2024) Diamond Estates Wines & Spirits Inc. (TSXV: DWS) (“Diamond Estates” or “the Company”) announced the results of voting at its annual general and special meeting of shareholders (“AGM”) held yesterday in Toronto. The voting results for the election of…
Klondike Gold Corp. Closes Non-Brokered Private Placement Financing Overview Klondike Gold Corp. recently announced the closure of its non-brokered private placement financing, raising $409,000. The company issued 2,785,000 flow-through units at a price of $0.10 per unit, with each unit consisting of one flow-through share and one share purchase warrant. Implications This private placement financing…
XRP: The Rising Star in the Cryptocurrency Market The Potential of XRP XRP, the digital asset associated with the Ripple network, has recently captured the attention of investors worldwide. Market analyst EGRAG’s identification of a potential “Nike Swoosh” pattern on XRP’s monthly chart has ignited excitement among traders and speculators alike. This analysis suggests that…
