When the hack happened, Bitfinex customers took an enforced “haircut”, losing 36% of their assets held by the crypto exchange. By 2019, the company had reimbursed the victims, so now the Hong Kong-based firm and some customers who exchanged their losses for shares are in line for a windfall once the recovered Bitcoins are returned.
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Retail sales in 2020 worst on record, says BRC trade body
admin, , Business, 0
The BRC’s sales monitor is collated with the consultancy KPMG, whose UK head of retail, Paul Martin, said: “In...
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Record mortgage borrowing as owners move or improve
admin, , Business, 0
House hunters, particularly first-time buyers, might be helped in their quest to have enough for a deposit by families...
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Brits most likely to say ‘we don’t live to work’
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Speaking about the findings, Prof Bobby Duffy, director of the Policy Institute at KCL, said the findings suggest a...
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How pandemic burnout sparked a revival of a granny hobby
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“I was on maternity leave and stuck in lockdown, so, for me, it really provided a way to ease...
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Heathrow security staff call off strikes
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The offer includes a 10% increase in pay – backdated to January – rising to 11.5% in October, and...
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US charges crypto giant Binance with ‘web of deception’
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He said the company, a trading platform which is used to buy and sell Bitcoin and other cryptocurrencies, would...
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US judge throws out Facebook anti-trust lawsuits
admin, , Business, 0
“Ultimately, this anti-trust action is premised on public, high-profile conduct, nearly all of which occurred over six years ago...
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Pay rise surprise leads to forecasts of higher interest rates
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Darren Morgan, director of economic statistics at the Office for National Statistics (ONS), said in cash terms, basic pay...
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