News – Business News Updates https://newsdaily.business Tue, 24 Jan 2023 12:09:45 +0000 en hourly 1 https://wordpress.org/?v=6.4.3 https://newsdaily.business/wp-content/uploads/2021/02/cropped-handshake-hand-gesture-dollar-money-finance-coin_96px-32x32.png News - Business News Updates https://newsdaily.business 32 32 Donald Trump news today: Trump in mob boss photo scandal as Georgia judge weighs whether to release grand jury report https://newsdaily.business/2023/01/24/donald-trump-news-today-trump-in-mob-boss-photo-scandal-as-georgia-judge-weighs-whether-to-release-grand-jury-report/ https://newsdaily.business/2023/01/24/donald-trump-news-today-trump-in-mob-boss-photo-scandal-as-georgia-judge-weighs-whether-to-release-grand-jury-report/#respond Tue, 24 Jan 2023 12:09:45 +0000 https://newsdaily.business/2023/01/24/donald-trump-news-today-trump-in-mob-boss-photo-scandal-as-georgia-judge-weighs-whether-to-release-grand-jury-report/ Trump says there were no documents found at Mar-a-Lago, just ‘cool’ empty folders marked classified Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email A judge in Georgia is set to hear arguments on Tuesday over the public release of […]]]>


Trump says there were no documents found at Mar-a-Lago, just ‘cool’ empty folders marked classified

A judge in Georgia is set to hear arguments on Tuesday over the public release of a grand jury report following an eight-month probe into Donald Trump’s attempts to overturn the results of the 2020 election in that state.

The panel heard testimony and evidence about the abuse and harassment of election workers, a fake elector scheme, and Mr Trump’s infamous phone call to election officials to “find” enough votes for his victory.

Meanwhile, Mr Trump – who appears ready to ditch his Truth Social posting regimen and return to Twitter as he seeks the 2024 Republican nomination for president – is facing questions after posing for a photograph and flashing “thumbs up” with a notorious Philadelphia mob boss at his Trump International Golf Club West Palm Beach earlier this month.

Joey “Skinny Joe” Merlino was imprisoned for nearly 12 years after he was convicted in 2001 of racketeering charges including extortion, bookmaking and receiving stolen property.

And it comes as four members of the far-right, anti-government militia group the Oath Keepers have been found guilty of seditious conspiracy in relation to the Jan 6 insurrection at the Capitol.

1674549013

Trump campaign denies he knew convicted mob boss he posed with in photo

Less than three months after he was seen dining with antisemitic rapper Kanye West and notorious white nationalist Nick Fuentes, former president Donald Trump has been photographed with a convicted mob boss who spent more than a decade in prison on racketeering charges.

On Monday, the Philadelphia Inquirer published a photograph it obtained of Mr Trump, clad in dark pants, a white golf shirt and his signature “Make America Great Again” headgear, standing between two men at his Florida golf club.

Read the full story by Andrew Feinberg here:

Maroosha Muzaffar24 January 2023 08:30

1674554400

‘Trump thinks Politico journalists should be jailed. This should be a turning point’

Clayton Weimers with Reporters Without Borders writes in The Independent that it is “difficult to overstate the danger to democracy” presented by Trump’s rhetoric, which does not constitute mere “idle talk”:



At a time when it matters more than ever for democracies such as the US to lead by example, Trump’s words and actions send the signal that the values of free expression don’t matter. Would-be strongmen around the world — from former Philippines president Duterte to recently ousted Bolsanaro in Brazil — have taken their cues from Trump.

Alex Woodward24 January 2023 10:00

1674554281

Trump declared winner of golf tournament at his club – despite missing first day

Golf-loving former US president Donald Trump has claimed another victory in a competitive tournament at one of his clubs in Florida – despite missing the first day of the weekend-long tournament.

He announced his win in the Senior Club Championship at Trump International Golf Club in Palm Beach, Florida on his social media platform Truth Social.

Mr Trump’s announcement, however, may have come as a surprise to those following his movements this weekend, since a video appeared online of him delivering a eulogy at the funeral of the North Carolina vlogger Diamond on Saturday.

Read the full story here:

Maroosha Muzaffar24 January 2023 09:58

1674552613

Judge to hold hearing over Georgia special grand jury report

A judge is set to hear arguments Tuesday on whether to release a report by a special grand jury tasked with investigating whether then-President Donald Trump and his allies broke any laws as they sought to overturn his narrow 2020 election loss in Georgia.

Fulton County Superior Court Judge Robert McBurney will hear arguments from the district attorney’s office, news outlets and potentially other parties before making a decision on the release of the report. The special grand jury, whose work was overseen by McBurney, recommended that the report be made public.

Read the full story here:

Judge to hold hearing over Georgia special grand jury report

A judge is set to hear arguments on whether to release a report by a special grand jury tasked with investigating whether then-President Donald Trump and his allies broke any laws as they sought to overturn his narrow 2020 election loss in Georgia

Maroosha Muzaffar24 January 2023 09:30

1674550800

ICYMI: White House says Trump call to jail Supreme Court leak journalists is an ‘insult to the rule of law’

White House press secretary Karine Jean-Pierre told The Independent during a briefing last week that President Biden “believes the freedom of press is part of the bedrock of American democracy”.

“That is something that he truly believes and that we should continue to fight for,” Ms Jean-Pierre told The Independent when asked about Trump’s persistent threats to jail reporters who refuse to five up their sources of the Roe v Wade “leak”.

“Calling for egregious abuses of power in order to suppress the constitutional rights of reporters is an insult. It is a complete insult to the rule of law and undermines fundamental American values and traditions,” she added.

Alex Woodward24 January 2023 09:00

1674547200

‘Amid Trump’s threats, the US needs to do more to protect journalists’

Writing for The Independent’s Voices, Chris Blackhurst says:



What is worrying here is that Trump mused about putting reporters in jail while he was president, that he discussed with his advisors how to bypass the First Amendment, and his reign coincided with record arrests of journalists and numerous other attempts to curb their freedom. And it ended with the Capitol Hill insurrection and rioters smashing camera equipment and writing “Murder the Media” on the democratic citadel itself.

If Trump was a lone has-been I would not be so bothered. But he’s not, not yet. He may come again and besides he still has his support. What is more, in launching his anti-press diatribes, he is choosing to do so on the highly-charged ground of Roe v Wade. If anything played into the hands of Trump, the conspirator-general, it is that one.

Alex Woodward24 January 2023 08:00

1674545413

Four members of the Oath Keepers found guilty of seditious conspiracy for roles in Jan 6 attack

Four members of the far-right, anti-government militia group the Oath Keepers have been found guilty of seditious conspiracy.

The verdict comes nearly two months after the group’s founder was convicted of the same crime in the wake of the attack on the US Capitol.

A jury agreed that defendants Joseph Hackett, Roberto Minuta, David Moerschel and Edward Vallejo – led by group leader Stewart Rhodes – plotted to violently stop the certification of Joe Biden’s election on 6 January 2021 and joined a mob fuelled by Donald Trump’s persistent lie that the election was stolen from him.

All four defendants were also found guilty on 23 January of conspiracy to obstruct Congress and conspiracy to destroy federal property.

Read the full story by Alex Woodward here:

Maroosha Muzaffar24 January 2023 07:30

1674543600

ICYMI: Trump schedules appearance in New Hampshire to kick off 2024 campaign before South Carolina event

Trump will head to early-primary state New Hampshire for his first appearance on the 2024 campaign trial, just hours before his planned stop in South Carolina on Saturday.

The former president will deliver remarks to the New Hampshire GOP.

“We are excited to welcome President Trump back to the Granite State to be the keynote speaker at our 2023 Annual Meeting,” according to a statement from New Hampshire Republican Chairman Stephen Stepanek. “President Trump has long been a strong defender of New Hampshire’s First in the Nation Primary Status and we are excited that he will join us to deliver remarks to our Members.”

The state’s three-term Republican governor, Chris Sununu, is a vocal Trump critic who allegedly once called the former president “f****** crazy” and has urged his party to find another candidate in 2024.

“I don’t think he can win in November of ‘24,” he said last month. “He could be the nominee. But I do not believe, and I think most people would agree, he’s just going to … be able to close the deal.”

Alex Woodward24 January 2023 07:00

1674541813

Judge to hold hearing over Georgia special grand jury report

A judge is set to hear arguments Tuesday on whether to release a report by a special grand jury tasked with investigating whether then-President Donald Trump and his allies broke any laws as they sought to overturn his narrow 2020 election loss in Georgia.

Fulton County Superior Court Judge Robert McBurney will hear arguments from the district attorney’s office, news outlets and potentially other parties before making a decision on the release of the report. The special grand jury, whose work was overseen by McBurney, recommended that the report be made public.

Read the full story by Kate Brumback here:

Judge to hold hearing over Georgia special grand jury report

A judge is set to hear arguments on whether to release a report by a special grand jury tasked with investigating whether then-President Donald Trump and his allies broke any laws as they sought to overturn his narrow 2020 election loss in Georgia

Maroosha Muzaffar24 January 2023 06:30

1674540051

ICYMI: Four members of the Oath Keepers found guilty of seditious conspiracy for roles in Jan 6 attack

Four members of the far-right, anti-government militia group the Oath Keepers have been found guilty of seditious conspiracy.

The verdict comes nearly two months after the group’s founder was convicted of the same crime in the wake of the attack on the US Capitol.

A jury agreed that defendants Joseph Hackett, Roberto Minuta, David Moerschel and Edward Vallejo – led by group leader Stewart…



Read More:Donald Trump news today: Trump in mob boss photo scandal as Georgia judge weighs whether to release grand jury report

2023-01-24 12:00:00

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Stocks, news, flash PMI data, earnings https://newsdaily.business/2023/01/24/stocks-news-flash-pmi-data-earnings/ https://newsdaily.business/2023/01/24/stocks-news-flash-pmi-data-earnings/#respond Tue, 24 Jan 2023 11:43:45 +0000 https://newsdaily.business/2023/01/24/stocks-news-flash-pmi-data-earnings/ Flash PMIs: UK suffers sharp January contraction in activity In contrast to the euro zone’s apparent revival in business activity in January, flash PMI (purchasing managers’ index) readings from the U.K. Tuesday showed the economy contracted at its sharpest rate in two years. The S&P Global composite U.K. PMI, which encompasses services and manufacturing, slid […]]]>


Flash PMIs: UK suffers sharp January contraction in activity

In contrast to the euro zone’s apparent revival in business activity in January, flash PMI (purchasing managers’ index) readings from the U.K. Tuesday showed the economy contracted at its sharpest rate in two years.

The S&P Global composite U.K. PMI, which encompasses services and manufacturing, slid to 47.8 in January from 49.0 in December, falling short of a 48.5 consensus forecast in a Wall Street Journal poll of economists.

S&P Global said widespread strike action, staff shortages, export losses, the cost of living crisis and sharp increases in interest rates all combined to squeeze economic activity.

– Elliot Smith

Flash PMIs: Euro zone business activity returns to growth in January

The euro zone economy returned to modest growth in December, according to new flash PMI (purchasing managers’ index) readings on Tuesday.

The S&P Global euro zone composite PMI, which encompasses manufacturing and services activity, came in at 50.2 in January, up from 49.3 in December and ahead of a consensus forecast of 49.8.

The index exceeded the 50 mark, which separates expansion from contraction, for the first time since June.

The euro zone’s dominant services sector index rose to 50.7 from 49.8 in December, while the manufacturing index improved to 48.8 from 47.8, also surpassing forecasts but remaining in contractionary territory.

– Elliot Smith

Stocks on the move: Topdanmark up 3%, Ambu down 4%

Danish stocks were the biggest movers in both directions at Tuesday’s open.

Insurance company Topdanmark added 3.7% to lead the Stoxx 600 after its fourth-quarter earnings report and dividend proposal, while hospital equipment maker Ambu fell 4.6% after SEB cut the stock to “sell” from “hold.”

El-Erian says Fed should hike by 50 basis points, calls smaller increase a ‘mistake’

Inflation has moved from goods to services sector, says Mohamed El-Erian

Surging inflation may appear largely in the past, but a shift to a 25 basis point hike at the next Federal Reserve policy meeting is a “mistake,” according to Allianz Chief Economic Adviser Mohamed El-Erian.

“‘I’m in a very, very small camp who thinks that they should not downshift to 25 basis points, they should do 50,” he told CNBC’s “Squawk Box” on Monday. “They should take advantage of this growth window we’re in, they should take advantage of where the market is, and they should try to tighten financial conditions because I do think that we still have an inflation issue.”

Inflation, he said, has shifted from the goods to the services sector, but could very well resurge if energy prices rise as China reopens.

El-Erian expects inflation to plateau around 4%. This, he said, will put the Fed in a difficult position as to whether they should continue crushing the economy to reach 2%, or promise that level in the future and hope investors can tolerate a steady 3% to 4% nearer term.

“That’s probably the best outcome,” he said of the latter.

— Samantha Subin

CNBC Pro: Wall Street is excited about Chinese tech — and loves one mega-cap stock

After more than 2 years of regulatory crackdowns and a pandemic-induced slump, Chinese tech names are back on Wall Street’s radar, with one stock in particular standing out as a top pick for many.

Pro subscribers can read more here.

— Zavier Ong

Fed likely to discuss next week when to halt hikes, Journal report says

Federal Reserve officials next week are almost certain to approve another deceleration in interest rate hikes while also discussing when to stop the increases altogether, according to a Wall Street Journal report.

The rate-setting Federal Open Market Committee is set to convene Jan. 31-Feb. 1, with markets pricing in almost a 100% chance of a quarter-point increase in the central bank’s benchmark rate. Most prominently, Fed Governor Christopher Waller said Friday he sees a 0.25 percentage point increase as the preferred move for the upcoming meeting.

However, Waller said he doesn’t think the Fed is done tightening yet, and several other central bankers in recent days have backed up that notion.

The Journal report, citing public statements from policymakers, said slowing the pace of hikes could provide the chance to assess what impact the increases so far are having on the economy. A series of rate hikes begun in March 2022 has resulted in increases of 4.25 percentage points.

Market pricing is currently indicating quarter-point hikes at the next two meetings, a period of no action, and then up to a half-point reduction by the end of 2023, according to CME Group data.

However, several officials, including Governor Lael Brainard and New York Fed President John Williams, have used the expression “stay the course” to describe the future policy path.

— Jeff Cox

European markets: Here are the opening calls

European markets are heading for a positive open Tuesday ahead of flash PMI (purchasing managers’ index) data for the euro zone in January.

The U.K.’s FTSE 100 index is expected to open 10 points higher at 7,801, Germany’s DAX 18 points higher at 15,122, France’s CAC up 12 points at 7,049 and Italy’s FTSE MIB up 81 points at 25,945, according to data from IG.

There are no major earnings releases Tuesday.

— Holly Ellyatt



Read More:Stocks, news, flash PMI data, earnings

2023-01-24 10:56:00

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NATE’S FOOD CO. Management’s Discussion and Analysis of Financial Condition or Plan of Operation (form 10-Q) https://newsdaily.business/2023/01/23/nates-food-co-managements-discussion-and-analysis-of-financial-condition-or-plan-ofoperation-form-10-q/ https://newsdaily.business/2023/01/23/nates-food-co-managements-discussion-and-analysis-of-financial-condition-or-plan-ofoperation-form-10-q/#respond Mon, 23 Jan 2023 23:22:57 +0000 https://newsdaily.business/2023/01/23/nates-food-co-managements-discussion-and-analysis-of-financial-condition-or-plan-ofoperation-form-10-q/ FORWARD-LOOKING STATEMENTS Certain matters discussed herein are forward-looking statements. Such forward-looking statements contained herein involve risks and uncertainties, including statements as to: · our future operating results; · our business prospects; · our contractual arrangements and relationships with third parties; · the dependence of our future success on the general economy; · our possible financings; […]]]>


FORWARD-LOOKING STATEMENTS

Certain matters discussed herein are forward-looking statements. Such
forward-looking statements contained herein involve risks and uncertainties,
including statements as to:

· our future operating results;

· our business prospects;

· our contractual arrangements and relationships with third parties;

· the dependence of our future success on the general economy;

· our possible financings; and

· the adequacy of our cash resources and working capital.

These forward-looking statements can generally be identified as such because the
context of the statement will include words such as we “believe,” “anticipate,”
“expect,” “estimate” or words of similar meaning. Similarly, statements that
describe our future plans, objectives or goals are also forward-looking
statements. Such forward-looking statements are subject to certain risks and
uncertainties which are described in close proximity to such statements, and
which could cause actual results to differ materially from those anticipated as
of the date of this report. Shareholders, potential investors and other readers
are urged to consider these factors in evaluating the forward-looking statements
and are cautioned not to place undue reliance on such forward-looking
statements. The forward-looking statements included herein are only made as of
the date of this report, and we undertake no obligation to publicly update such
forward-looking statements to reflect subsequent events or circumstances.



General Overview


We were incorporated under the laws of the State of Colorado on January 12,
2000
, under the name Capital Resources Alliance, Inc. At inception, we were a
development stage company in the business of mining and exploration. On May 19,
2014
, our company completed a reverse merger with Nate’s Pancakes, Inc., an
Indiana company, with Nate’s Pancakes being the surviving entity. In May 2014,
we changed our name from Capital Resource Alliance, Inc. to Nate’s Food Co.

In connection with the reverse merger, we became a food manufacturing and
product company, and in May 2014, we executed a licensing agreement with Nate’s
Pancakes to market and sell “Nate’s Homemade,” exclusively throughout the world.



Our Current Business


The Company is engaged in “Bitcoin Mining” – i.e. the process by which Bitcoins
are created resulting in new blocks being added to the blockchain and new
Bitcoins being issued to the miners. The Company has purchase and maintain ASIC
(application-specific integrated circuit) computers – computers specifically
designed for cryptocurrency mining – that are used for Bitcoin Mining. We have
placed this Bitcoin Mining equipment with a 3rd party datacenter or farms (often
referred as a “Co-Location”) that powers and operates our Bitcoin Mining
equipment for a fee. We currently generate revenues through receiving Bitcoin
from our Bitcoin Mining equipment.

Bitcoin Miners engage in a set of prescribed complex mathematical calculations
in order to add a block to the blockchain and thereby confirm cryptocurrency
transactions included in that block’s data. Miners that are successful in adding
a block to the blockchain are automatically awarded a fixed number of Bitcoins
for their effort. The Company will only mine Bitcoin. The Company has executed
two 270 days and 200 days lease agreements for Bitmain’s S-17s and T-17s for
Bitcoin Mining Equipment. The Company is actively in discussions with
manufactures and resellers to acquire additional bitcoin mining equipment and
capacity. The Company’s initial goal is to acquire 25,000 terrahash in mining
capacity in the next 12 months. Terahashes are the unit used to measure speed of
the mining hardware mining cryptocurrencies, with a TH/s equalling one trillion
hash calculations computed in one second. Open-source calculators are available,
such as NovaBlock, that allow for the calculation of expected revenue based on
TH/s.




         17

  Table of Contents



Our food development division licenses, develops and manufactures food products.
The Company’s Board of Directors has voted to cease product manufacturing and
development of new products for its food development division. We are, however,
continually exploring options to license our developed product, a ready-to-use,
pre-mixed pancake and waffle batter delivered in a pressurized can. We are also
exploring options on monetizing our proprietary blend of pancake and waffle dry
mix. Our current product line consists of the original flavor of pancake and
waffle mix and three additional flavors, Banana, Blueberry and Strawberry. The
flavors can be found at www.natesfoodco.com. and www.sh-mallow.com.



Results of Operations


The following summary of our results of operations should be read in conjunction
with our unaudited condensed financial statements for the three and six months
ended November 30, 2022 and 2021, which are included herein.

Our operating results for the three and six months ended November 30, 2022 and
2021, and the changes between those periods for the respective items are
summarized as follows




Three Months Ended November 30, 2022, compared to the Three Months Ended
November 30, 2021.



                                           Three Months Ended
                                              November 30,
                                           2022          2021          Change          %

Revenue                                 $    2,881     $  21,204     $ (18,323 )         (86 %)
Cost of revenue                              7,646        44,660       (37,014 )         (83 %)
Gross loss                                  (4,765 )     (23,456 )      18,691            80 %
Operating expenses                         (57,823 )     (36,920 )     (20,903 )         (57 %)
Change in fair market value of                                                          (515
derivative                                 (47,000 )      11,333       (58,333 )             %)
Interest expense                           (30,146 )     (24,546 )      (5,600 )          23 %
 Gain on disposal of digital currency        3,438             -         3,438           100 %
Impairment loss on digital currency         (4.231 )        (976 )      (3,255 )        (333 %)
Net Loss                                $ (140,527 )   $ (74,565 )   $ (65,962 )         (88 %)




Revenue


Our Company generated $2,881 and $21,204 revenue from digital currency mining
for the three months ended November 30, 2022 and 2021, respectively. The Company
commenced the mining of Bitcoin in September 2021.



Cost of Revenue


The cost of digital currency mining revenue was $7,646 and $44,660 for the three
months ended November 30, 2022 and 2021, respectively. Cost of revenue consists
of electricity and other co-location hosting fees, which are remitted in Bitcoin
and cash payments for equipment leases.



Operating Expenses


During the three months ended November 30, 2022, we incurred general and
administrative expenses of $57,823 compared to $36,920 incurred during the three
months ended November 30, 2021. The increase in operating expenses were
predominantly from professional and other fees related to our reporting
requirements and general administrative expenses.



Other income (expense)


During the three months ended November 30, 2022, we had a loss on change in fair
market value of derivatives of $47,000, interest expense of $30,146, loss on
sale of digital currency of $351, and impairment loss on digital currency of
$442, compared to a gain on change fair market value of derivatives of $11,333,
impairment loss on digital currency $976, and interest expense of $24,546 during
the three months ended November 30, 2021.During the three months ended November
30,2022
, the Company reclassified impairment loss on digital currency of $3,789
related to first quarter ( August 31,2022) from gain on disposal of digital
currency.




         18

  Table of Contents



Six Months Ended November 30, 2022, compared to the Six Months Ended November
30, 2021
.




Our operating results for the six months ended November 30, 2022 and 2021, and
the changes between those periods for the respective items are summarized as
follows:



                                           Six Months Ended
                                             November 30,
                                          2022          2021          Change           %

Revenue                                $    8,084     $  21,204     $  (13,120 )         (62 %)
Cost of revenue                            24,037        44,660        (20,623 )         (46 %)
Gross loss                                (15,953 )     (23,456 )        7,503           (32 %)
Operating expenses                        (86,301 )     (45,965 )      (40,336 )          88 %
Change in fair market value of                                                          (104
derivative                                (17,080 )     415,795       (432,875 )             %)
Interest expense                          (73,935 )     (29,599 )       44,336           150 %
Loss on disposal of digital currency       (2,304 )           -         (2,304 )           -

Impairment loss on digital currency (6,191 ) (976 ) (5,215 ) 534 %
Net Income (Loss)

                      $ (201,764 )   $ 315,799     $ (517,563 )        (164 %)




Revenue


Our Company generated $8,084 and $21,204 revenue from digital currency mining
for the six months ended November 30, 2022 and 2021, respectively. The Company
commenced the mining of Bitcoin in September 2021.



Cost of Revenue


The cost of digital currency mining revenue was $24,037 and $44,660 for the six
months ended November 30, 2022 and 2021, respectively. Cost of revenue consists
of electricity and other co-location hosting fees, which are remitted in Bitcoin
and cash payments for equipment leases.



Operating Expenses


During the…



Read More:NATE’S FOOD CO. Management’s Discussion and Analysis of Financial Condition or Plan of
Operation (form 10-Q)


2023-01-23 22:31:08

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Trump news today: Donald Trump fills memorial speech for vlogger Diamond with his favourite rally gripes https://newsdaily.business/2023/01/23/trump-news-today-donald-trump-fills-memorial-speech-for-vlogger-diamond-with-his-favourite-rally-gripes/ https://newsdaily.business/2023/01/23/trump-news-today-donald-trump-fills-memorial-speech-for-vlogger-diamond-with-his-favourite-rally-gripes/#respond Mon, 23 Jan 2023 18:07:33 +0000 https://newsdaily.business/2023/01/23/trump-news-today-donald-trump-fills-memorial-speech-for-vlogger-diamond-with-his-favourite-rally-gripes/ Trump says there were no documents found at Mar-a-Lago, just ‘cool’ empty folders marked classified Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email At a memorial service for her late sister Diamond, one half of the prominent pro-Trump influncer […]]]>


Trump says there were no documents found at Mar-a-Lago, just ‘cool’ empty folders marked classified

At a memorial service for her late sister Diamond, one half of the prominent pro-Trump influncer duo Diamond and Silk, Donald Trump said he didn’t know her sister Silk “at all”.

He used his appearance at the North Carolina service over the weekend to rail against inflation, gas prices and his usual political grievances, while complaining about the length of the three-hour service, telling the crowd assembled that he was told it would only be “about 15-20 minutes.

Meanwhile, the former president’s legal team has withdrawn a $250m lawsuit against New York Attorney General Letitia James after getting a warning from the same judge that hit Mr Trump and his lawyer with nearly $1m in sanctions for suing former secretary of state Hillary Clinton over claims that she and others rigged the 2016 presidential election.

US District Judge Judge Donald M Middlebrooks accused the former president of exhibiting a “pattern” of misusing the courts to advance his political agenda.

1674496006

Trump fires at McConnell over debt ceiling fight: ‘stone cold CROOK’

On his Truth Social account, Trump called Senate Minority Leader Mitch McConnell either “the WORST negotiator” in politics or a “stone cold CROOK” after the Republican senator insisted that the US would not default on its debt and expected negotiations with the Biden administration to avert a disaster.

“There can be no other explanation as to why he has become such a rubber stamp for the Democrats. Republicans, use Debt Ceiling to get it all back!” Trump said on Monday.

House Republicans, meanwhile, are pushing the White House to agree to major spending cuts in exchange for raising the debt ceiling after GOP lawmakers voted to raise the debt ceiling three times during the Trump administration.

“In the end, I think the important thing to remember is that America must never default on its debt. It never has, and it never will,” Mr McConnell told reporters last week. “We’ll end up in some kind of negotiation with the administration over what the circumstances or conditions under which the debt ceiling be raised.”

Alex Woodward23 January 2023 17:46

1674494429

What’s at stake in the Georgia grand jury investigation?

A special grand jury investigating whether Trump and his allies illegally tried to overturn his defeat in the 2020 election in Georgia has wrapped up its work. But key questions remain, as a judge hears arguments about opening up the grand jury’s findings:

Alex Woodward23 January 2023 17:20

1674493672

Breaking: Capitol rioter who put his feet on Pelosi’s desk found guilty

Roughly two years after his brush with viral fame, the man who boasted about writing a “nasty note” for Nancy Pelosi after kicking back in her chair and putting his workboot on her desk has been found guilty on all eight charges against him.

Richard “Bigo” Barnett testified in his own defense last week in one of the highest-profile trials connected to the attack on the US Capitol on 6 January, 2021. It took a jury only two hours to deliver a verdict.

Alex Woodward23 January 2023 17:07

1674490834

Donald Trump may need to wait months for Twitter return due to Truth Social contract

Trump is currently subject to a “social media exclusivity” clause that requires him to post “any and all social media communications” to his Truth Social for six hours before posting to rival platforms, according to recently disclosed FEC filings.

The six-month rolling contract runs out in June and Trump does not plan to renew it, sources told Rolling Stone, as he plans to use all channels available for his 2024 presidential campaign.

Alex Woodward23 January 2023 16:20

1674488700

ICYMI: Trump turns memorial for vlogger Diamond into campaign speech – and complains the service wasn’t 15 minutes

The former president struggled to meet the mood of a memorial service for Ineitha Lynnette Hardaway, better known as “Diamond” of the pro-Trump duo Diamond and Silk, The Independent;s John Bowden reports.

Speaking Saturday at the gathering in North Carolina, Trump sounded more like a candidate delivering a stump speech than an ex-president memorialising a valued friend or political ally.

At one point, he even quipped that the service had gone on much longer than the “15 minutes” he was promised to deliver his remarks and leave.

Alex Woodward23 January 2023 15:45

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A brief history of Donald Trump’s war on the media

Following the “leak” of a draft of what became the US Supreme Court’s ruling to strike down Roe v Wade, Mr Trump has repeatedly demanded that the journalist and outlet that published the draft be thrown in jail if they don’t reveal their source, accelerating the former president’s public war on the media.

“It won’t take long before the name of this slime is revealed,” he said in a statement on his Truth Social account on 19 January.

It follows a pattern of attempts to undermine and vilify a press on which he once relied to develop his public persona as a self-made model of success that he used to propel himself to the White House.

Now facing a wave of criminal investigations, convictions against his company and credible accusations of misconduct in his second bid for the presidency, the former president is threatening to imprison journalists and using lawsuits to target First Amendment protections:

Alex Woodward23 January 2023 15:25

1674486047

McCarthy to block Adam Schiff and Eric Swalwell from House intelligence committee

House Speaker Kevin McCarthy gave committee seats to far-right conspiracy theorists Marjorie Taylor Greene and Paul Gosar after they were removed by House members in the formerly Democratic-led chamber.

Now the Republican leader has vowed to remove Democratic members Adam Schiff and Eric Swalwell from their seats on the House intelligence committee, escalating his clashes with Democrats as he clings to a slim GOP majority ceding authority to a far-right flank.

House Minority Leader Hakeem Jeffries wrote a letter to Mr McCarthy arguing that he has no justifiable reason to block his appointments.

“It is my understanding that you intend to break with the longstanding House tradition of deference to the minority party Intelligence Committee recommendations and deny seats to Ranking Member Schiff and Representative Swalwell,” Mr Jeffries wrote in the letter obtained by The Washington Post. “The denial of seats to duly elected Members of the House Democratic Caucus runs counter to the serious and sober mission of the Intelligence Committee.”

Alex Woodward23 January 2023 15:00

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Fulton County judge to decide release of grand jury report on Trump probe into election crimes

Two weeks after the dissolve of a grand jury looking into whether Trump and his allies broke the law with his attempts to overturn the 2020 election, a judge will decide whether to release the panel’s final report.

The 23-member special grand jury in Fulton County, Georgia convened for eight months and heard from prominent Trumpworld figures, including Rudy Giuliani and Lindsey Graham, as well as Georgia Governor Brian Kemp and dozens of other witnesses, questioned aoubt the former president’s attempts to subvert the outcome of the election in the state.

The case has brought up the abuse and harassment of election workers in the state, the fake elector scheme, and Trump’s call to Georgia election officials to “find” enough votes for his victory in the state, which several audits have confirmed Joe Biden won.

Fulton County District Attorney Fani Willis could file criminal charges following the report’s public release, which Superior Court Judge Robert McBurney will determine after a hearing in the case on Tuesday.

Alex Woodward23 January 2023 14:33

1674482400

Federal judge rules DeSantis wrongfully suspended twice-elected state attorney

A federal judge has determined that Florida’s governor (and Donald Trump’s likely 2024 rival), Ron DeSantis, unconstitutionally suspended an elected state attorney who criticised the governor’s positions on abortion and transgender healthcare, but the judge said he did not have authority to return the prosecutor to office.

John Bowden23 January 2023 14:00

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ICYMI: Trump reacts to Monterey Park shooting by complaining about treatment of Jan 6 defendants

“10 dead in California shooting, horrible gun wielding ANTIFA protest against our great police in Atlanta – Nothing will happen to them despite night of rage and destruction,” the former president posted on Truth Social. “Yet our January 6th protestors, over a Rigged Election, have had their lives ruined despite nobody killed except true Patriot Ashli B. This situation will be fully rectified after 2024 Election. Thank you!”

John Bowden23 January 2023 13:30



Read More:Trump news today: Donald Trump fills memorial speech for vlogger Diamond with his favourite rally gripes

2023-01-23 17:47:56

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Binance Banking Partner to Ban Crypto Trading Transfers Under $100K – Exchanges Bitcoin News https://newsdaily.business/2023/01/22/binance-banking-partner-to-ban-crypto-trading-transfers-under-100k-exchanges-bitcoin-news/ https://newsdaily.business/2023/01/22/binance-banking-partner-to-ban-crypto-trading-transfers-under-100k-exchanges-bitcoin-news/#respond Sun, 22 Jan 2023 23:17:53 +0000 https://newsdaily.business/2023/01/22/binance-banking-partner-to-ban-crypto-trading-transfers-under-100k-exchanges-bitcoin-news/ Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With Binance Sets $100,000 Transaction Minimum for Crypto Traders […]]]>


Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February.

Bank Working With Binance Sets $100,000 Transaction Minimum for Crypto Traders

A bank serving some clients of the world’s largest cryptocurrency exchange, Binance, will only process customer transactions exceeding $100,000, starting from the first day of February. The new minimum will be imposed as part of the lender’s decision to limit its exposure to digital-asset markets.

“One of our fiat banking partners, Signature Bank, has advised that it will no longer support any of its crypto exchange customers with buying and selling amounts of less than $100,000 as of February 1, 2023. This is the case for all of their crypto exchange clients,” Binance said in a statement shared with Bloomberg on Saturday, elaborating:

As a result, some individual users may not be able to use SWIFT bank transfers to buy or sell crypto with/for USD for amounts less than 100,000 USD.

The measure concerns retail traders with accounts serviced by Signature and the exchange assured customers it’s actively seeking a new partner for SWIFT transfers in U.S. dollars. SWIFT is the most widely used global system for interbank transfers.

Only 0.01% of Binance’s monthly users are serviced by Signature Bank and no other banking partners are impacted, the crypto company pointed out through a spokesperson. Card payments and non-USD transfers will not be affected.

The news comes after in December the New York-based Signature Bank revealed it plans to shed up to $10 billion in deposits from digital-asset clients as it’s pull back from the crypto industry. The move was announced in the aftermath of the collapse of FTX, one of Binance’s main competitors which filed for bankruptcy protection in November amid liquidity issues.

Traditional financial companies have been gripped by contagion fears during a turbulent year for the crypto space, with falling prices and a number of crashes. Silvergate Capital, the parent company of California-based Silvergate Bank which deals with crypto transactions, saw its shares losing 40% after customers withdrew over $8 billion of digital-asset deposits in Q4, 2022.

Signature’s shares fell 64% last year, the report notes. Its decision comes after the U.S. Federal Deposit Insurance Corporation (FDIC) issued a warning regarding risks associated with crypto assets. Business models focused on crypto-related activities or exposed the crypto-asset market raise safety and soundness concerns, the regulator said in a statement released in early January.

Tags in this story
Bank, banking partner, Binance, Crypto, crypto assets, crypto exchange, crypto traders, Cryptocurrencies, Cryptocurrency, Cryptocurrency Exchange, Exchange, minimum, Signature, Signature Bank, Swift, transactions, transfers, USD

What do you think about Signature Bank’s decision to introduce a transaction minimum for crypto-related transfers? Let us know in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.




Image Credits: Shutterstock, Pixabay, Wiki Commons, Primakov / Shutterstock.com

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.





Read More:Binance Banking Partner to Ban Crypto Trading Transfers Under $100K – Exchanges Bitcoin News

2023-01-22 21:01:58

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Appalachia residents claim they are being driven out of their neighborhood after crypto mine opened https://newsdaily.business/2023/01/22/appalachia-residents-claim-they-are-being-driven-out-of-their-neighborhood-after-crypto-mine-opened/ https://newsdaily.business/2023/01/22/appalachia-residents-claim-they-are-being-driven-out-of-their-neighborhood-after-crypto-mine-opened/#respond Sun, 22 Jan 2023 11:55:47 +0000 https://newsdaily.business/2023/01/22/appalachia-residents-claim-they-are-being-driven-out-of-their-neighborhood-after-crypto-mine-opened/ Residents in a North Carolina Appalachian town say they’re being forced to leave their homes due to a noisy cryptocurrency mine that has drawn petitions and protests.   The facility in Murphy, one of two in Cherokee County, has consistently made a sound that resident Mike Lugiewicz describes as ‘a small jet that never leaves.’ In […]]]>


Residents in a North Carolina Appalachian town say they’re being forced to leave their homes due to a noisy cryptocurrency mine that has drawn petitions and protests.  

The facility in Murphy, one of two in Cherokee County, has consistently made a sound that resident Mike Lugiewicz describes as ‘a small jet that never leaves.’ In September, one mine was described as ‘more costly than beef production.’

Sound meters run by Lugiewicz out of his yard showed the ceaseless noise of the stacks of computer servers and cooling fans scoring from 55 to 85 decibels. 

‘There’s a racetrack three miles out right here,’ Lugiewicz said. ‘You can hear the cars running. It’s cool.’ 

‘But at least they stop,’ neighbor Judy Stines added to CNN. ‘And you can go to bed.’ 

Residents in a North Carolina Appalachian town say they're being forced to leave their homes due to a noisy cryptocurrency mine that has drawn petitions and protests

Residents in a North Carolina Appalachian town say they’re being forced to leave their homes due to a noisy cryptocurrency mine that has drawn petitions and protests

Bans on crypto by places like China have led those looking to harvest searching for locations along Appalachia, as power is relatively affordable and regulation is usually non-existent in those areas. 

A company called PrimeBlock has bought a dozen mines across North Carolina, as well as in Tennessee and Kentucky. 

The company – based out of San Francisco – has garnered about $300million in equity financing and is likely to go public soon.  

Despite a largely Republican and Libertarian base, the noise has forced residents to demand their local government do something about it, with the Board of Commissioners recently asking state and federal officials to regulate crypto mining. 

‘I personally think that if we can get a bill into the system, other (North Carolina) counties will join,’ Chairman Cal Stiles said.

Chandler Song, PrimeBlock Co-Founder and Chief Innovation Officer, said that such regulation would be ‘unconstitutional, to say the least’ and said of the locales: ‘Oh boy, they wanted us so bad a year ago.’

There were plans for representatives from PrimeBlock to speak at a Cherokee County Board meeting, but County Commission Chair Dan Eichenbaum said that they decided not to come because someone shot at one of the service lines. 

Resident Mike Lugiewicz (pictured left) describes the noise as like 'a small jet that never leaves'

Resident Mike Lugiewicz (pictured left) describes the noise as like ‘a small jet that never leaves’

Bans on crypto by places like China have led those looking to harvest searching for locations along Appalachia, as power is relatively affordable and regulation is usually non-existent in those areas

Bans on crypto by places like China have led those looking to harvest searching for locations along Appalachia, as power is relatively affordable and regulation is usually non-existent in those areas

Song has since said that he hasn’t heard any complaints from the county but promised PrimeBlock would build noise insulation walls and install water-based cooling systems that made a sound, the Washington Post reported. 

They did, but only on two sides of the mine before construction stopped, only making residents angrier. 

Both Song and co-founder Ryan Fang were featured in a 2017 Forbes list of young entrepreneurs who were able to raise over $10million in funding for projects.  

PrimeBlock claimed nearly $25million in revenue in the fourth quarter of 2021 and an estimated enterprise value of $1.25billion. 

Despite a largely Republican and Libertarian base, the noise has forced residents to demand their local government do something about it, with the Board of Commissioners (pictured) recently asking state and federal officials to regulate crypto mining

Despite a largely Republican and Libertarian base, the noise has forced residents to demand their local government do something about it, with the Board of Commissioners (pictured) recently asking state and federal officials to regulate crypto mining

Chandler Song, PrimeBlock Co-Founder and Chief Innovation Officer, said that such regulation would be 'unconstitutional, to say the least' and said of the locales: 'Oh boy, they wanted us so bad a year ago'

Chandler Song, PrimeBlock Co-Founder and Chief Innovation Officer, said that such regulation would be ‘unconstitutional, to say the least’ and said of the locales: ‘Oh boy, they wanted us so bad a year ago’

Song has yet to respond to any follow-up questions. DailyMail.com has reached out to a spokesperson for PrimeBlock for comment.  

The mines, along with winter storms, have been blamed for rolling blackouts in power grids built by the Tennessee Valley Authority, which have rarely happened in the New Deal-era program’s history. The mine never shut down.

‘They shut us down on Christmas Eve and Christmas Day every hour for anywhere from 15 to 45 minutes to an hour,’ resident Ron Wright said. ‘Well, once your power goes down, your heat pumps go off and pipes freeze.’

Lugiewicz and Stines are still fighting, but Lugiewicz has attached a for sale sign to his home. 

‘September of 2021, I think, is when they turned this on and my wife and I just shook our heads, said, ‘No, we’re out of here.’

Despite promises PrimeBlock would build noise insulation walls and install water-based cooling systems that made a sound, they only built them on two sides of the mine before construction stopped, only making residents angrier

Despite promises PrimeBlock would build noise insulation walls and install water-based cooling systems that made a sound, they only built them on two sides of the mine before construction stopped, only making residents angrier

The mines, along with winter storms, have been blamed for rolling blackouts in power grids built by the Tennessee Valley Authority, which have rarely happened in the New Deal-era program's history. The mine never shut down

The mines, along with winter storms, have been blamed for rolling blackouts in power grids built by the Tennessee Valley Authority, which have rarely happened in the New Deal-era program’s history. The mine never shut down

The Murphy facility made waves all the way in neighboring Clay County, which enacted a ban on commercial crypto mining last August.

‘Regarding environmental impacts, the board found that cryptocurrency mining contributes to climate change, noise pollution, environmental devastation, immense quantities of energy used including, but not limited to electrical energy,’ the ordinance states. 

County Commissioner Clay Logan told the Clay County Progress it was ‘just good common sense.’ 

Both Change.org and the Sierra Club have launched petitions against the mines. 



Read More:Appalachia residents claim they are being driven out of their neighborhood after crypto mine opened

2023-01-22 06:58:20

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Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges – Bitcoin News https://newsdaily.business/2023/01/22/ukraines-financial-watchdog-reports-blocking-russian-crypto-exchanges-bitcoin-news/ https://newsdaily.business/2023/01/22/ukraines-financial-watchdog-reports-blocking-russian-crypto-exchanges-bitcoin-news/#respond Sun, 22 Jan 2023 11:31:45 +0000 https://newsdaily.business/2023/01/22/ukraines-financial-watchdog-reports-blocking-russian-crypto-exchanges-bitcoin-news/ The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian banks, the regulatory body announced in a report. Ukrainian Financial Authorities Target Russian Crypto Exchange Websites and Wallets The State Financial Monitoring Service (SFMS), […]]]>


The financial monitoring agency of Ukraine has restricted access to a number of online crypto exchangers operating out of Russia. Some of the coin trading platforms are working with sanctioned Russian banks, the regulatory body announced in a report.

Ukrainian Financial Authorities Target Russian Crypto Exchange Websites and Wallets

The State Financial Monitoring Service (SFMS), a unit of Ukraine’s financial intelligence, has issued a special report on the results of its operations in 2022. Besides its peacetime activities such as combating money laundering, the agency revealed it has contributed to the country’s defense effort as part of the ongoing conflict with Russia.

In the document published this week, the watchdog announced its employees have joined forces with colleagues from the Ministry of Digital Transformation and leading Ukrainian crypto experts. Together, they were able to identify Russian crypto exchanges associated with Russian financial institutions placed under sanctions, including Russia’s largest bank, Sber.

The Ukrainian financial regulator did not specify the exact number of these platforms or their domain names but emphasized that the aim was to fully block them.

Also, working closely with crypto service providers in Ukraine and abroad, the SFMS introduced a mechanism for the “blocking of crypto wallets of the Russian Federation.” It’s unclear whether it means Russian wallets in general or those linked to the government in Moscow.

The state service reminded that last year it turned to Binance, the world’s largest crypto exchange, suggesting actions “to curb the aggression of the Russian Federation in the virtual assets market” and prevent peer-to-peer transactions for users of various Russian banks and payment systems.

“Other practical measures related to the blocking of Russian crypto assets and operations of Russian residents have been implemented,” the agency added without elaborating. It has been cooperating with the financial authorities of almost 140 countries on the matter while severing ties with regulators in Russia and Belarus.

Ukraine Engaged in Regional Initiative to Prevent Money Laundering Through Crypto

The SFMS also noted it’s involved in cooperation between Ukraine, Georgia, and Moldova — countries with a steadily growing crypto market and mining sector — focused on reducing money laundering through digital assets. The project is being realized with assistance from the UN and OSCE.

The report coincided with a statement by Ukraine’s Minister of Digital Transformation, Mykhailo Fedorov, promising that the country will become “the best crypto jurisdiction in the world” once it finalizes its regulatory framework for the industry.

In the past few years, Ukraine established itself as a leader in crypto adoption in Eastern Europe and has been accepting crypto donations since the start of the Russian invasion. Its parliament passed a law “On Virtual Assets” last February and has been preparing respective amendments to the Tax Code.

Tags in this story
ACCESS, agency, Binance, blocking, conflict, crypto exchange, crypto exchanges, crypto wallets, Exchange, Exchanges, financial monitoring, financial watchdog, regulator, report, Russia, russian, Sanctions, service, SFMS, Ukraine, ukrainian, Wallets, War

What do you think about Ukraine blocking Russian crypto exchange platforms? Share your thoughts on the subject in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.





Read More:Ukraine’s Financial Watchdog Reports Blocking Russian Crypto Exchanges – Bitcoin News

2023-01-22 10:30:12

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News from the Dover-New Philadelphia region https://newsdaily.business/2023/01/22/news-from-the-dover-new-philadelphia-region/ https://newsdaily.business/2023/01/22/news-from-the-dover-new-philadelphia-region/#respond Sun, 22 Jan 2023 11:15:55 +0000 https://newsdaily.business/2023/01/22/news-from-the-dover-new-philadelphia-region/ Big Brothers Big Sisters program Wednesday DOVER – To mark National Mentoring Month, the Dover Public Library, 525 N. Walnut St., will host a program titled Big Brothers Big Sister of East Central Ohio FAQ. Beverly Pearch, president and CEO of the organization, and Dan Warther, owner of Warther Woodworking and a “Big Brother,” will […]]]>


The Tuscarawas County Courthouse is reflected in rainwater Jan. 4 in New Philadelphia.

Big Brothers Big Sisters program Wednesday

DOVER – To mark National Mentoring Month, the Dover Public Library, 525 N. Walnut St., will host a program titled Big Brothers Big Sister of East Central Ohio FAQ.

Beverly Pearch, president and CEO of the organization, and Dan Warther, owner of Warther Woodworking and a “Big Brother,” will be at the library at 6:30 p.m. Wednesday to share information regarding the programs provided to youth in Tuscarawas and Carroll counties, such as school and community-based mentoring, camp opportunities, individual assistance and resource connection.

They will present volunteer opportunities and ways to assist the agency.

Tapestries of Tuscarawas County to be unveiled

DOVER – A community reception for the unveiling of the latest edition of Tapestries of Tuscarawas County will be held in the Community Room of the Dover Public Library, 525 N. Walnut St., at 2 p.m. Saturday. Tapestries of Tuscarawas County is a literary and oral history journal published annually that features work by individuals with connections to Tuscarawas County.



Read More:News from the Dover-New Philadelphia region

2023-01-22 10:44:17

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Backroom Briefing: More election changes coming | Local News https://newsdaily.business/2023/01/21/backroom-briefing-more-election-changes-coming-local-news/ https://newsdaily.business/2023/01/21/backroom-briefing-more-election-changes-coming-local-news/#respond Sat, 21 Jan 2023 17:11:25 +0000 https://newsdaily.business/2023/01/21/backroom-briefing-more-election-changes-coming-local-news/ TALLAHASSEE — Florida’s elections chief rolled out a top-10 list Wednesday for why the state — once ridiculed for voting snafus — has become a “gold standard.” But while he touted such things as “paper ballots,” “vote-by-mail safeguards,” “expanded days of canvassing,” “election results reporting” and “recount procedures,” Secretary of State Cord Byrd said he anticipates […]]]>


TALLAHASSEE — Florida’s elections chief rolled out a top-10 list Wednesday for why the state — once ridiculed for voting snafus — has become a “gold standard.”

But while he touted such things as “paper ballots,” “vote-by-mail safeguards,” “expanded days of canvassing,” “election results reporting” and “recount procedures,” Secretary of State Cord Byrd said he anticipates more changes to election procedures will come during this year’s legislative session.

Get more from the Citrus County Chronicle

Kiddie lit







Gov. Ron DeSantis

DeSantis


Different kind of flu bug







Wilton Simpson

Simpson






Read More:Backroom Briefing: More election changes coming | Local News

2023-01-21 16:30:00

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Coinbase Shuts Down in Japan https://newsdaily.business/2023/01/20/coinbase-shuts-down-in-japan/ https://newsdaily.business/2023/01/20/coinbase-shuts-down-in-japan/#respond Fri, 20 Jan 2023 17:05:20 +0000 https://newsdaily.business/2023/01/20/coinbase-shuts-down-in-japan/ America’s largest regulated crypto exchange, Coinbase, has announced that it will cease operations in Japan due to market conditions. Learn how smart money is playing the crypto game. Subscribe to our premium newsletter – Crypto Investor. “Our company has made the difficult decision to halt operations in Japan and to conduct a complete review of […]]]>


America’s largest regulated crypto exchange, Coinbase, has announced that it will cease operations in Japan due to market conditions.


Learn how smart money is playing the crypto game. Subscribe to our premium newsletter – Crypto Investor.


“Our company has made the difficult decision to halt operations in Japan and to conduct a complete review of our business in the country,” Coinbase said.

The San Francisco-based firm said that customers can still withdraw funds from their accounts until February 16. The company is also offering customers the option of liquidating their crypto accounts to a Japanese bank account. The crypto holdings and fiat funds that have not been withdrawn by then will automatically be converted into Japanese yen, and moved to a guaranty account at Japan’s Legal Affairs Bureau. Customers will then be required to work with the bureau directly to regain access to their funds.



Read More:Coinbase Shuts Down in Japan

2023-01-20 16:56:46

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