#gbp
Latest cryptocurrency news and articles about gbp. Stay updated with developments, analysis, and insights.
UK man jailed after using COVID loan for gambling and crypto
Haralambos Ioannou, a 49-year-old from Cow Lane, Edlesborough, Buckinghamshire, received a 22-month suspended sentence for spending a Covid loan on crypto and gambling. Ioannou also spent another £50,...
UK lifts crypto ETN ban, gives retail investors the green light
The UK government has lifted its earlier ban on crypto exchange-traded notes (ETNs) because it believes the market has matured and people now have a heightened awareness of crypto products. In a repor...
Qualcomm faces $647M UK lawsuit over inflated royalties
San Diego-based chipmaker Qualcomm faces a £480 million ($646.8 million) lawsuit in London, filed on behalf of smartphone users. The case claims Qualcomm abused its dominant position to force Apple an...
China’s BYD breaks out in UK with shocking 880% surge in EV sales
Chinese carmaker BYD has blown through the U.K. auto market with an 880% rise in sales last month, selling 11,271 electric cars, according to a Monday announcement from the company. That surge in sale...
UK Treasury criticizes wasteful government spending and stagnant productivity
Britain’s Treasury lashed out at the OBR hours after receiving forecasts that set the scene for tax rate increases in the upcoming budget. The Exchequer admitted that the growth of living standards wa...
British YouTuber accused of $14M Polymarket manipulation
British YouTuber Lord Miles’ fasting on a desert bet was resolved as “no” on Polymarket after he inexplicably disappeared from live footage and was presumed dead. It has now been confirmed that he is ...
UK’s Nscale secures $1.1B in Series B funding led by Aker
Nscale, a UK-based artificial intelligence company, has landed a massive Nvidia-backed funding. The company announced on Thursday that it has raised $1.1 billion from investors in a series B funding r...
Google acquires 5.4% stake in Cipher Mining worth $1.4
Google has locked in the right to buy 5.4% of Cipher Mining, a crypto data center company based in New York, through a multi-year infrastructure deal that could end up pulling in $7 billion for Cipher...
Barclays lifts Nvidia target to $240, sees 35.6% upside
Barclays on Thursday raised its target for Nvidia stock to $240, up from $200. That means a possible upside of 35.6%, based on where the stock trades now, and it cited a massive surge in artificial in...
UK nabs suspect in ransomware attack that disrupted major European airports
A man has been arrested in West Sussex by the UK’s National Crime Agency after a ransomware attack caused massive delays at several European airports last weekend. The arrest, made on Wednesday, targe...
UK’s five-year bond sale saw the weakest demand since 2022
The UK’s Debt Management Office (DMO) only managed to sell £4.75 billion in five-year government debt on Wednesday, but the demand came in at the weakest level since late 2022, according to data from ...
OECD expects tariff blows ahead despite expectation-defying global growth
Global growth is proving sturdier than expected, but the hit from higher U.S. import tariffs has not fully shown up yet. For now, strong spending on artificial intelligence in the United States is sup...