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Coinbase, Visa | February 19, 2020
Coinbase has become the first pure-play cryptocurrency company to gain Visa membership. Coinbase launched its Visa debit card in the UK in 2019, enabling users to use one of up to ten cryptocurrencies for spending on everyday purchases. The card has since been rolled out to 29 markets worldwide. Coinbase says the new relationship with Visa is a milestone in the mainstream adoption of crypto as a genuine utility. States the firm: "This membership will enable us to continue to grow the Coinba...
Investing.Com | March 18, 2020
Financial markets spasmed, sending U.S. stocks down to December 2018 levels and Bloomberg’s dollar index to a record, as the economic fallout from the pandemic outpaced the massive response from governments and central banks. The S&P 500 fell more than 7%, triggering a 15-minute pause, with stocks adding to losses when trading resumed. The next halt would occur at a 13% decline. The Dow Jones Industrial Average wiped out all the gains logged since Donald Trump’s inauguration, dro...
Cision PR Newswire | August 17, 2020
GEF Capital Partners ("GEF Capital") announced today that it has acquired a controlling interest in EnviroMix, Inc. ("EnviroMix"). EnviroMix offers innovative water and wastewater solutions to municipal and industrial markets through its proprietary mixing and process control technologies. By focusing on enhanced nutrient removal, reductions in energy use, and operational cost savings, EnviroMix provides water and wastewater customers with numerous economic and environmental ...
Credit Suisse | April 03, 2020
Credit Suisse (SIX:CSGN) has a message for investors in its triple-leveraged oil ETN: Buy at your own risk. The intraday indicative value of the VelocityShares Daily 3x Inverse Crude exchange-traded notes, or DWTIF, was equal to or less than $0 on Thursday, according to a Credit Suisse statement. As a result, the closing indicative value will be $0, which means current holders and future buyers won’t receive a payout at maturity, if the ETN is called or if they attempt to redeem, it said. ...
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