Singapore’s Changi Airport touts the world’s tallest indoor waterfall

Singapore’s Changi Airport has long been touted as the “best airport in the world.” That status becomes even more cemented on April 17, when it will officially open a dazzling presecurity attraction known as Jewel. The next phase of the project rolls out in June, when Jewel Changi Airport opens a bundle of added features (many ticketed) to the public, including a 164-foot-long glass-bottomed bridge, nets for bouncing and walking, mazes, topiary sculptures and more. Housed inside a toroidal, or d


Singapore’s Changi Airport has long been touted as the “best airport in the world.” That status becomes even more cemented on April 17, when it will officially open a dazzling presecurity attraction known as Jewel. The next phase of the project rolls out in June, when Jewel Changi Airport opens a bundle of added features (many ticketed) to the public, including a 164-foot-long glass-bottomed bridge, nets for bouncing and walking, mazes, topiary sculptures and more. Housed inside a toroidal, or d
Singapore’s Changi Airport touts the world’s tallest indoor waterfall Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-12  Authors: harriet baskas, source, jewel changi airport, shannon stapleton, joe raedle, getty images, raveendran, afp, matt nager, bloomberg
Keywords: news, cnbc, companies, changi, waterfallthe, waterfall, jewel, tallest, airport, singapore, walking, touts, indoor, singapores, worlds, structure, 17, world


Singapore's Changi Airport touts the world's tallest indoor waterfall

Singapore’s Changi Airport has long been touted as the “best airport in the world.” That status becomes even more cemented on April 17, when it will officially open a dazzling presecurity attraction known as Jewel.

Inside is a lush four-story tiered garden, more than 280 retail and dining outlets, a hotel, a multi-screen IMAX theater and its centerpiece: a 130-foot-tall Rain Vortex, which is the world’s tallest indoor waterfall.

The next phase of the project rolls out in June, when Jewel Changi Airport opens a bundle of added features (many ticketed) to the public, including a 164-foot-long glass-bottomed bridge, nets for bouncing and walking, mazes, topiary sculptures and more.

Housed inside a toroidal, or doughnut-shaped, glass and steel structure designed by noted architect Moshe Safdie, Jewel Changi Airport is adjacent to Terminal 1 and sits on airport real estate that was formerly a parking lot. The striking new structure now covers more than 1.46 million square feet. It has 10 stories — five above ground and five below — and was built on budget, at a cost of $1.7 billion Singapore dollars (US$1.25 billion).

“Not only will Jewel augment Singapore Changi Airport’s offerings,” said Jewel CEO Hung Jean during a preview of the space, “it will also strengthen Singapore as an attractive tourist destination.”


Company: cnbc, Activity: cnbc, Date: 2019-04-12  Authors: harriet baskas, source, jewel changi airport, shannon stapleton, joe raedle, getty images, raveendran, afp, matt nager, bloomberg
Keywords: news, cnbc, companies, changi, waterfallthe, waterfall, jewel, tallest, airport, singapore, walking, touts, indoor, singapores, worlds, structure, 17, world


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EU regulators hit Google with $1.7 billion fine for blocking ad rivals

Google has engaged in ‘very abusive practices,’ EU Commissioner says 4 Hours Ago | 02:46The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector. The European Commission said Google had placed exclusivity contracts on website owners, stopping them from including search results from Google’s rivals. The EU’s competition commissioner, Margrethe Vestager, said Google had prevented rivals from being able to “


Google has engaged in ‘very abusive practices,’ EU Commissioner says 4 Hours Ago | 02:46The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector. The European Commission said Google had placed exclusivity contracts on website owners, stopping them from including search results from Google’s rivals. The EU’s competition commissioner, Margrethe Vestager, said Google had prevented rivals from being able to “
EU regulators hit Google with $1.7 billion fine for blocking ad rivals Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: david reid
Keywords: news, cnbc, companies, european, ad, 17, rivals, google, billion, regulators, commissioner, online, blocking, fine, eu, vestager, hit, search, competition


EU regulators hit Google with $1.7 billion fine for blocking ad rivals

Google has engaged in ‘very abusive practices,’ EU Commissioner says 4 Hours Ago | 02:46

The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector.

The European Commission said Google had placed exclusivity contracts on website owners, stopping them from including search results from Google’s rivals. It said these clauses were replaced in 2009 by premium payments and in the same year, Google had asked publishers to seek permission on how rival ads were displayed.

The EU’s competition commissioner, Margrethe Vestager, said Google had prevented rivals from being able to “compete and innovate fairly” in the online ad market.

“Google has cemented its dominance in online search adverts and shielded itself from competitive pressure by imposing anti-competitive contractual restrictions on third-party websites. This is illegal under EU antitrust rules,” Vestager said in Brussels.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: david reid
Keywords: news, cnbc, companies, european, ad, 17, rivals, google, billion, regulators, commissioner, online, blocking, fine, eu, vestager, hit, search, competition


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EU regulators hit Google with $1.7 billion fine for blocking ad rivals

Google has engaged in ‘very abusive practices,’ EU Commissioner says 4 Hours Ago | 02:46The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector. The European Commission said Google had placed exclusivity contracts on website owners, stopping them from including search results from Google’s rivals. The EU’s competition commissioner, Margrethe Vestager, said Google had prevented rivals from being able to “


Google has engaged in ‘very abusive practices,’ EU Commissioner says 4 Hours Ago | 02:46The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector. The European Commission said Google had placed exclusivity contracts on website owners, stopping them from including search results from Google’s rivals. The EU’s competition commissioner, Margrethe Vestager, said Google had prevented rivals from being able to “
EU regulators hit Google with $1.7 billion fine for blocking ad rivals Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: david reid
Keywords: news, cnbc, companies, european, ad, 17, rivals, google, billion, regulators, commissioner, online, blocking, fine, eu, vestager, hit, search, competition


EU regulators hit Google with $1.7 billion fine for blocking ad rivals

Google has engaged in ‘very abusive practices,’ EU Commissioner says 4 Hours Ago | 02:46

The European Union on Wednesday ordered Google to pay 1.49 billion euros ($1.69 billion) for stifling competition in the online advertisement sector.

The European Commission said Google had placed exclusivity contracts on website owners, stopping them from including search results from Google’s rivals. It said these clauses were replaced in 2009 by premium payments and in the same year, Google had asked publishers to seek permission on how rival ads were displayed.

The EU’s competition commissioner, Margrethe Vestager, said Google had prevented rivals from being able to “compete and innovate fairly” in the online ad market.

“Google has cemented its dominance in online search adverts and shielded itself from competitive pressure by imposing anti-competitive contractual restrictions on third-party websites. This is illegal under EU antitrust rules,” Vestager said in Brussels.


Company: cnbc, Activity: cnbc, Date: 2019-03-20  Authors: david reid
Keywords: news, cnbc, companies, european, ad, 17, rivals, google, billion, regulators, commissioner, online, blocking, fine, eu, vestager, hit, search, competition


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China’s industrial output grew at the slowest rate in 17 years

China’s industrial output grew 5.3 percent in the first two months of this year, the slowest pace of expansion in 17 years, official data showed on Thursday. But fixed-asset investment rose 6.1 percent, while retail sales rose 8.2 percent, both more than expected. Analysts polled by Reuters had predicted industrial output growth would slow to 5.5 percent in January-February from December’s 5.7 percent gain. Investment growth had been expected to edge up slightly to 6.0 percent, from 5.9 percent


China’s industrial output grew 5.3 percent in the first two months of this year, the slowest pace of expansion in 17 years, official data showed on Thursday. But fixed-asset investment rose 6.1 percent, while retail sales rose 8.2 percent, both more than expected. Analysts polled by Reuters had predicted industrial output growth would slow to 5.5 percent in January-February from December’s 5.7 percent gain. Investment growth had been expected to edge up slightly to 6.0 percent, from 5.9 percent
China’s industrial output grew at the slowest rate in 17 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: afp, getty images
Keywords: news, cnbc, companies, grew, investment, slowest, rose, expected, rate, sales, data, growth, rise, output, industrial, chinas, 17


China's industrial output grew at the slowest rate in 17 years

China’s industrial output grew 5.3 percent in the first two months of this year, the slowest pace of expansion in 17 years, official data showed on Thursday.

But fixed-asset investment rose 6.1 percent, while retail sales rose 8.2 percent, both more than expected.

Analysts polled by Reuters had predicted industrial output growth would slow to 5.5 percent in January-February from December’s 5.7 percent gain.

Investment growth had been expected to edge up slightly to 6.0 percent, from 5.9 percent in 2018.

Private-sector fixed-asset investment, which accounts for about 60 percent of overall investment in China, rose 7.5 percent in the same period, compared with an 8.7 percent rise in 2018, data from the National Bureau of Statistics showed.

Retail sales had been expected to rise 8.1 percent, easing marginally from December’s 8.2 percent pace.

China combines January and February activity data in an attempt to smooth distortions created by the long Lunar New Year holidays early each year, but some analysts say a clearer picture of the economy may not emerge first-quarter data is released in April.

China’s economic growth cooled to 6.6 percent last year, the slowest in nearly three decades, and it is expected to lose more momentum in the next few months.

Beijing is rolling out more support measures to avert a sharper slowdown, but many analysts do not expect activity to convincingly bottom out until summer.


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: afp, getty images
Keywords: news, cnbc, companies, grew, investment, slowest, rose, expected, rate, sales, data, growth, rise, output, industrial, chinas, 17


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Cristiano Ronaldo’s goal-scoring heroics sends Juventus shares soaring 17 percent

“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals. It last won Europe’s premier club soccer competition in 1996. That cash is added to the 9.5 million euros the Italian club received for reaching the last 16. The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. He turned 34 years old in February,


“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals. It last won Europe’s premier club soccer competition in 1996. That cash is added to the 9.5 million euros the Italian club received for reaching the last 16. The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. He turned 34 years old in February,
Cristiano Ronaldo’s goal-scoring heroics sends Juventus shares soaring 17 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: adam reed, marco rosi, getty images sport, getty images
Keywords: news, cnbc, companies, soccer, cristiano, sends, heroics, euros, champions, madrid, million, italian, shares, club, goalscoring, 17, soaring, league, juventus, ronaldos


Cristiano Ronaldo's goal-scoring heroics sends Juventus shares soaring 17 percent

“This was why Juventus brought me here,” remarked Portuguese soccer star Cristiano Ronaldo after he dragged his side back from a two-goal deficit and into the Champions League quarter-finals.

He may have been referring to his goals on the soccer field, but the knock-on effect will no doubt please the owners of his current employers Juventus.

Following the result, the club’s share price rose sharply Wednesday, opening 20 percent higher and was still up by 17 percent at 2:30 p.m. London time.

Ronaldo’s impact in Tuesday night’s win — a stunning hat-trick against Atletico Madrid — earned the Italian champions about 10.5 million euros ($11.8 million) in additional payments for making the last eight of the Champions League. It last won Europe’s premier club soccer competition in 1996.

That cash is added to the 9.5 million euros the Italian club received for reaching the last 16.

Juventus are controlled by Exor, the investment holding of Italy’s Agnelli family, which owns nearly 64 percent of the soccer team.

The Turin-based club paid 100 million euros to Spanish club Real Madrid to secure Ronaldo’s transfer last summer. In the 24 hours following the deal being announced, Juventus had sold over half a million replica shirts with Ronaldo’s name and number seven.

He turned 34 years old in February, but has just over three years to run on his current Juventus contract, which pays him 30 million euros a year.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: adam reed, marco rosi, getty images sport, getty images
Keywords: news, cnbc, companies, soccer, cristiano, sends, heroics, euros, champions, madrid, million, italian, shares, club, goalscoring, 17, soaring, league, juventus, ronaldos


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Nine dead, including 5 children, in Brazil shooting; 17 others also shot

At least 17 other people, mostly children, were also shot at the Raul Brasil elementary school and taken to hospitals, police said in a written statement. School shootings are rare in Brazil, even though the country is one of the world’s most violent, with more annual homicides than any other. The last major school shooting was in 2011, when 12 children were shot dead by a former pupil in Rio de Janeiro. Police said that two adolescents wearing face masks entered the building and started shootin


At least 17 other people, mostly children, were also shot at the Raul Brasil elementary school and taken to hospitals, police said in a written statement. School shootings are rare in Brazil, even though the country is one of the world’s most violent, with more annual homicides than any other. The last major school shooting was in 2011, when 12 children were shot dead by a former pupil in Rio de Janeiro. Police said that two adolescents wearing face masks entered the building and started shootin
Nine dead, including 5 children, in Brazil shooting; 17 others also shot Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: mauricio sumiya futura press, associated press
Keywords: news, cnbc, companies, written, brazil, wearing, school, including, raul, 17, brasil, shooting, shot, worlds, dead, children


Nine dead, including 5 children, in Brazil shooting; 17 others also shot

At least 17 other people, mostly children, were also shot at the Raul Brasil elementary school and taken to hospitals, police said in a written statement.

The state of their health was not immediately known. School shootings are rare in Brazil, even though the country is one of the world’s most violent, with more annual homicides than any other.

The last major school shooting was in 2011, when 12 children were shot dead by a former pupil in Rio de Janeiro.

While gun laws are extremely strict in Brazil, it is not difficult to illegally purchase a weapon.

Police said that two adolescents wearing face masks entered the building and started shooting at about 9:30 a.m. local time. The pair eventually shot and killed themselves.

Another shooting took place about 500 meters from the Raul Brasil school shortly before the killings at the school, but it was not yet clear if the two incidents were related.

About 1,000 children attend the school, police said.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: mauricio sumiya futura press, associated press
Keywords: news, cnbc, companies, written, brazil, wearing, school, including, raul, 17, brasil, shooting, shot, worlds, dead, children


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Stocks in Asia mixed; Softbank shares soar more than 17 percent

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.421 after seeing lows around 96.0 yesterday. The Japanese yen traded at 109.96 against the dollar after seeing highs around 109.54 in the previous session. The Australian dollar was at $0.7103 after slipping sharply from highs below $0.725 yesterday. The decline came on the back of Reserve Bank of Australia (RBA) Governor Philip Lowe’s speech on Wednesday. “Looking forward, there are scenarios where the ne


The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.421 after seeing lows around 96.0 yesterday. The Japanese yen traded at 109.96 against the dollar after seeing highs around 109.54 in the previous session. The Australian dollar was at $0.7103 after slipping sharply from highs below $0.725 yesterday. The decline came on the back of Reserve Bank of Australia (RBA) Governor Philip Lowe’s speech on Wednesday. “Looking forward, there are scenarios where the ne
Stocks in Asia mixed; Softbank shares soar more than 17 percent Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: eustance huang
Keywords: news, cnbc, companies, reserve, softbank, bank, rba, shares, soar, seeing, dollar, rate, scenarios, stance, asia, highs, stocks, evenly, 17, mixed


Stocks in Asia mixed; Softbank shares soar more than 17 percent

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.421 after seeing lows around 96.0 yesterday.

The Japanese yen traded at 109.96 against the dollar after seeing highs around 109.54 in the previous session.

The Australian dollar was at $0.7103 after slipping sharply from highs below $0.725 yesterday. The decline came on the back of Reserve Bank of Australia (RBA) Governor Philip Lowe’s speech on Wednesday.

“Looking forward, there are scenarios where the next move in the cash rate is up and other scenarios where it is down. Over the past year, the next-move-is-up scenarios were more likely than the next-move-is-down scenarios. Today, the probabilities appear to be more evenly balanced,” Lowe said.

“The Australian dollar is set to depreciate below 0.70 as the Reserve Bank of Australia no longer views the next move in rates as up only,” strategists at DBS Group Research said in a morning note.

“In adopting a “more evenly balanced” stance, the RBA has opened the door for a rate cut if increased global risks and the weaker housing market forces more downgrades in its sanguine growth/inflation outlook. Effectively, this has offset the Fed’s patience stance that lifted the Oz in January. Our mid-year target for AUD/USD remains unchanged at 0.66,” they said.

— CNBC’s Fred Imbert and Reuters contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-02-07  Authors: eustance huang
Keywords: news, cnbc, companies, reserve, softbank, bank, rba, shares, soar, seeing, dollar, rate, scenarios, stance, asia, highs, stocks, evenly, 17, mixed


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PG&E soars 17% despite bankruptcy filing, uncertainty about Camp Fire

Shares of besieged California utility PG&E Corp. rallied Tuesday despite a bitter disagreement between the company and some of its shareholders over its decision to file for Chapter 11 bankruptcy protection. The nation’s largest U.S. power provider filed for bankruptcy on Tuesday and asked the court to approve a $5.5 billion debtor-in-possession financing, it said in a statement. On its website, PG&E said it would continue to provide electric and natural gas service as normal. PG&E’s bankruptcy


Shares of besieged California utility PG&E Corp. rallied Tuesday despite a bitter disagreement between the company and some of its shareholders over its decision to file for Chapter 11 bankruptcy protection. The nation’s largest U.S. power provider filed for bankruptcy on Tuesday and asked the court to approve a $5.5 billion debtor-in-possession financing, it said in a statement. On its website, PG&E said it would continue to provide electric and natural gas service as normal. PG&E’s bankruptcy
PG&E soars 17% despite bankruptcy filing, uncertainty about Camp Fire Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: thomas franck, justin sullivan, getty images
Keywords: news, cnbc, companies, northern, company, 17, bankruptcy, utility, soars, filing, camp, determined, billion, filed, pge, court, uncertainty, despite, california


PG&E soars 17% despite bankruptcy filing, uncertainty about Camp Fire

Shares of besieged California utility PG&E Corp. rallied Tuesday despite a bitter disagreement between the company and some of its shareholders over its decision to file for Chapter 11 bankruptcy protection.

The nation’s largest U.S. power provider filed for bankruptcy on Tuesday and asked the court to approve a $5.5 billion debtor-in-possession financing, it said in a statement. The company also filed various motions with the Court, including requests for permission to continue paying employees and providing them healthcare and other benefits.

On its website, PG&E said it would continue to provide electric and natural gas service as normal. The San Francisco utility has 16 million customers in Northern and Central California. “To be clear, we have heard the calls for change and we are determined to take action throughout this process to build the energy system our customers want and deserve,” said John R. Simon, PG&E’s interim CEO, in a statement.

Shares of PG&E rose 17 percent Tuesday. Some traders speculated that those with bets against the shares were closing out their trades and forcing up the stock price. The stock is down more than 65 percent over the past six months.

PG&E’s bankruptcy filing comes nearly three months after the start of the so-called Camp Fire, which broke out on the morning of Nov. 8 near the town of Paradise in northern California. The fast-moving wildfire killed at least 86 people and destroyed about 14,000 homes, making it the state’s deadliest.

Though responsibility for that fire has yet to be determined, state investigators cleared the utility company of liability in the October 2017 Tubbs Fire on Thursday, the largest such fire of that year. While a small victory for the company, that finding comes after state investigators determined that PG&E’s equipment was liable in at least 17 major wildfires in 2017.

PG&E listed assets of $71.39 billion and liabilities of $51.69 billion, in a court document filed in the U.S. Bankruptcy Court for the Northern District of California.


Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: thomas franck, justin sullivan, getty images
Keywords: news, cnbc, companies, northern, company, 17, bankruptcy, utility, soars, filing, camp, determined, billion, filed, pge, court, uncertainty, despite, california


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Crime still plagues cryptocurrencies as $1.7 billion was stolen from investors last year

Bad actors stole $1.7 billion worth of cryptocurrencies from investors last year, according to a new report the CipherTrace Cryptocurrency Intelligence published Tuesday. Of that total, roughly $1 billion was taken from exchanges. Jevans said they saw a “residual effect” after hackers finally figured out how to scam people, even months after the bubble popped. Initial coin offerings, or ICOs, became a popular but controversial way to make money where people to sell “tokens” to fund projects. Man


Bad actors stole $1.7 billion worth of cryptocurrencies from investors last year, according to a new report the CipherTrace Cryptocurrency Intelligence published Tuesday. Of that total, roughly $1 billion was taken from exchanges. Jevans said they saw a “residual effect” after hackers finally figured out how to scam people, even months after the bubble popped. Initial coin offerings, or ICOs, became a popular but controversial way to make money where people to sell “tokens” to fund projects. Man
Crime still plagues cryptocurrencies as $1.7 billion was stolen from investors last year Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: kate rooney, andrew brookes, cultura, getty images
Keywords: news, cnbc, companies, raised, 17, crime, investors, cryptocurrencies, plagues, hackers, stolen, billion, money, total, jevans, prices, ciphertrace, report, crypto


Crime still plagues cryptocurrencies as $1.7 billion was stolen from investors last year

Cryptocurrency has a security problem it hasn’t been able to shake.

Bad actors stole $1.7 billion worth of cryptocurrencies from investors last year, according to a new report the CipherTrace Cryptocurrency Intelligence published Tuesday. Of that total, roughly $1 billion was taken from exchanges.

Even as prices dropped last year, crimes went up. The plunge in cryptocurrencies meant a lower total value for these stolen coins but the volume of coins stolen in 2018 was 3.6 times higher than it was in 2017, and seven-times what it was in 2016, according to the report.

“These numbers only represent the loot from crypto crimes that CipherTrace can validate; we have little doubt that the true number of crypto asset losses is much larger,” said Dave Jevans, CEO of CipherTrace.

The report underscores massive risks in the new asset class. Aside the reality of losing money as prices erode, the possibility of getting hacked is still one of its biggest challenges to mainstream adoption and acceptance by regulators.

Bitcoin became a household name as it rallied 1,300 percent to almost $20,000 at the end of 2017. Media coverage and a frenzy of buyers followed. But unfortunately, so did hackers. Jevans said they saw a “residual effect” after hackers finally figured out how to scam people, even months after the bubble popped.

Cryptocurrency payments are recorded on an open ledger known as blockchain, meaning they can be seen by anyone. The team at CipherTrace is able to track them but still might not know the anonymous parties that sent or received the money. The firm also scans the black market and criminal forums for data. The firm monitored chat rooms that advocated for targeting crypto and blockchain start-ups that raised mass amounts of money at the height of the price bubble.

“These aren’t street thugs — these are people who have masters degrees in computer science,” Jevans said. “We’re starting to see more organization in the space with professional gangs bankrolling computer scientists.”

In the beginning of the year, exchange hackers dominated the crypto crime scene, but the report showed a rise in “inside jobs” or fraud in the fourth quarter of last year. Something called SIM-swaps, where a hacker takes over a victim’s mobile device to steal credentials, then breaks into wallets or exchanges, was the top threat in 2018, the report said.

In addition to outright thefts, investors lost almost $750 million from threats like “exit scams,” where founders of initial coin offerings simply ran off with the funds they raised. Initial coin offerings, or ICOs, became a popular but controversial way to make money where people to sell “tokens” to fund projects. Many of those were backed by a promise to build a product or software that they never delivered.


Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: kate rooney, andrew brookes, cultura, getty images
Keywords: news, cnbc, companies, raised, 17, crime, investors, cryptocurrencies, plagues, hackers, stolen, billion, money, total, jevans, prices, ciphertrace, report, crypto


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You could earn 17 times as much interest on your savings if you make one simple banking change

Online banks are leaving local banks in the dust when it comes to the interest rates offered on savings accounts. Currently, online banks offer an interest rate that is roughly six times higher, on average, than local banks and credit unions nationwide, according to an analysis by DepositAccounts.com. Oklahoma offers the highest average interest on a savings account, with 0.39 percent, according to DepositAccounts. Meanwhile, online banks offer an average APY of 1.47 percent as of January 1, 201


Online banks are leaving local banks in the dust when it comes to the interest rates offered on savings accounts. Currently, online banks offer an interest rate that is roughly six times higher, on average, than local banks and credit unions nationwide, according to an analysis by DepositAccounts.com. Oklahoma offers the highest average interest on a savings account, with 0.39 percent, according to DepositAccounts. Meanwhile, online banks offer an average APY of 1.47 percent as of January 1, 201
You could earn 17 times as much interest on your savings if you make one simple banking change Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: megan leonhardt, praetorianphoto, getty images
Keywords: news, cnbc, companies, savings, earn, banking, banks, higher, average, offer, online, rates, offers, times, interest, simple, 17, change


You could earn 17 times as much interest on your savings if you make one simple banking change

Online banks are leaving local banks in the dust when it comes to the interest rates offered on savings accounts. Yet many Americans have no idea.

A full 62 percent of people surveyed by WalletHub last year did not realize online-only banks tend to offer higher rates and lower fees. Currently, online banks offer an interest rate that is roughly six times higher, on average, than local banks and credit unions nationwide, according to an analysis by DepositAccounts.com.

Depending on what state you’re in, the difference can be even more dramatic. Oklahoma offers the highest average interest on a savings account, with 0.39 percent, according to DepositAccounts. Arkansas brick-and-mortar banks offers the lowest average: 0.13 percent.

Meanwhile, online banks offer an average APY of 1.47 percent as of January 1, 2019, the site’s analysis finds. And some offer even higher interest rates. Industry leaders like Marcus by Goldman Sachs offers 2.25 percent APY. Ally pays out 2.2 percent, as does Synchrony. That’s about 17 times higher than the Arkansas average.


Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: megan leonhardt, praetorianphoto, getty images
Keywords: news, cnbc, companies, savings, earn, banking, banks, higher, average, offer, online, rates, offers, times, interest, simple, 17, change


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