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Abrdn buys stake in digital assets exchange Archax
LONDON, Aug 12 (Reuters) - British asset manager abrdn has bought a stake in digital assets exchange Archax, amid a wider push by investors into crypto-assets despite a recent plunge in value.
S&P Global Drops Coinbase Debt Rating Over Crypto Market Downturn, Doubts Over Company's Ability To 'Operate Efficiently'
S&P Global has lowered its credit rating of Coinbase Global Inc COIN citing a “negative” outlook for the cryptocurrency exchange. What Happened: S&P Global lowered its long-term issuer credit rating and unsecured debt ratings on Coinbase to ‘BB’ from ‘BB+’ on Thursday. The ratings...
Google Fined $43M In Australia For Misleading Users Over Data Tracking
Australia's competition watchdog said the country's federal court ordered Alphabet Inc's GOOGL GOOG Google on Friday to pay AU$60 million ($42.7 million) in penalties for misleading users. The court found that the company misled users about collecting their location data through their Android mobile devices between January 2017 and December...
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