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Billionaire Richard Li’s FWD Group Holdings Ltd. rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering that raised HK$3.5 billion ($442 million). The insurer’s stock climbed as much 2.1% to HK$38.80 on Monday, reversing a drop of as steep as 2.5%. It was at HK$38.40, up 1.1%, at the … Read more
Under the Biden administration last year, the agency reduced the amount of overpayments that Social Security would recoup to just 10% of any one paycheck. Read More
Jakub Porzycki | Nurphoto | Getty Images A week-long rout in Bitcoin worsened Friday, with the digital asset hitting an over 3-month low, reversing gains that followed the election of U.S. President Donald Trump. Bitcoin was trading at about $80,500 in early trading in Asia, down 3.45% on the day and nearly 25% lower than … Read more
An Ethereum developer provided an explanation of why the network cannot “rollback” transactions to recover Bybit’s stolen $1.4 billion. The analysis compares the current situation with two historical cases where blockchain reversals were feasible. In 2010, Bitcoin successfully rolled back transactions when a bug created 184 billion BTC. The developer Tim Beiko stated that it … Read more
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