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SpaceX, led by Elon Musk, transfers Bitcoin assets for the first time in three years.

SpaceX, led by Elon Musk, transfers Bitcoin assets for the first time in three years.

Simply put SpaceX is consolidating its Bitcoin holdings, valued at $153 million, into a single wallet, according to Arkham Intelligence data. Private companies generally hold 8,285 Bitcoin, which is about $990 million in total. This movement comes amid some public disputes with former President Donald Trump, leading to increased concern among investors regarding SpaceX. According […]

DHS transfers 5 ‘criminal illegal immigrants’ to Eswatini in Southern Africa: ‘Their home countries would not accept them’

DHS transfers 5 'criminal illegal immigrants' to Eswatini in Southern Africa: 'Their home countries would not accept them'

Deportations Resume Under DHS The Department of Homeland Security (DHS) has reinstated a policy to deport undocumented immigrants to poorer nations that are possibly less hospitable. This latest action saw five individuals deported, hailing from Vietnam, Jamaica, Laos, Cuba, and Yemen. Eswatini, classified by the World Bank as a low-middle-income country, faces serious economic challenges […]

DTCpay teams up with Mastercard to improve international money transfers

DTCpay teams up with Mastercard to improve international money transfers

DTCPAY Collaborates with MasterCard Move for Global Remittances DTCPAY, a digital payment solutions provider from Singapore, has teamed up with MasterCard Move to enhance global remittances for users. This partnership utilizes MasterCard’s extensive money movement capabilities, aiming to improve the speed, security, and transparency of international transactions, according to DTCPAY. Beginning in June, users of […]

Syria Completes Initial Global Bank Transfers Since Assad’s Downfall

Syria Completes Initial Global Bank Transfers Since Assad's Downfall

Syria’s Central Bank Achieves Milestone with International Bank Transfer Syria’s central bank Governor, Haslier Abdelkadar, announced on Thursday that the new government has accomplished a significant feat by completing its first international bank transfer using the Swift system. Since 2011, Syria has been excluded from the global transaction system, a result of the harsh civil […]

Money Transfers to Mexico Plummet as Trump Increases Pressure on Illegal Immigration

Money Transfers to Mexico Plummet as Trump Increases Pressure on Illegal Immigration

Remittances to Mexico Continue to Decline For three consecutive months, remittances sent by Mexican workers to Mexico have seen a significant drop. The Bank of Mexico reported a 12.1% decrease in remittances for April 2024 compared to the same month last year, marking the largest decline in 13 years. In absolute figures, remittances totaled $4.746 […]