Daily Archives: 07.04.2021

Irish mortgage rates still second highest in euro zone

The volume of mortgages issued in February was 7% higher than February 2020 Rates on Irish mortgages remain the second highest in the euro area, according to the latest figures from the Central Bank.  In February, the average rate on new mortgage agreements was 2.79%. This compares to the euro area average of 1.27%. This rate was unchanged compared to ...

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MicroStrategy Spends Another USD 15M on Bitcoin

Source: Adobe/monticellllo One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just increased their bitcoin (BTC) by spending another USD 15m once again. Per CEO Michael Saylor, the company has purchased an additional BTC 253 for around USD 15m in cash at an average price of USD 59,339 per BTC. As of April 5, MicroStrategy owned BTC 91,579, ...

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Compass Goes Public, CEO Says Capital Raise Goal Met

Tech-enabled real estate company Compass closed its first day of trading at $20.15, about 12 percent above its IPO price.  The company priced its shares at $18 apiece, the low end of its target range. Compass raised about $450 million through its IPO, and began trading at $21.25 on Thursday, around 22 percent above its IPO price. The company initially ...

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Orbit GX46 airborne SATCOM terminal receives Inmarsat Global Xpress commercial and military Ka-band Type approval

(6 April 2021 – Inmarsat) Inmarsat and Orbit Communication Systems today announced that the Orbit GX46 multi-purpose terminal (MPT) has received full type approval for use over Inmarsat’s Global Xpress (GX) network. GX is the world’s first and only, globally available, seamless mobile wideband service. In U.S. government service since July 2014, GX has established itself as the gold standard ...

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Pandemic spending drives increase in deficit

Minister for Finance, Paschal Donohoe and Minister for Public Expenditure and Reform, Michael McGrath The public finances recorded a deficit of €4.172 billion in March, according to figures published this afternoon by the Department of Finance. This compares to a deficit of €2.535 billion recorded in March 2020. The increase in the deficit is driven by higher current spending in ...

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New research into soil used for building

Using robotic arms to build a prototype, Dr Gergana Rusenova will be breaking new ground on the use of soil in the building. She has commenced an exciting joint research project with Professor Dr Karola Dierichs at Weissensee School of Art and Design, Berlin, funded by the Australia-Germany Joint Research Cooperation Scheme. Dr Rusenova is a lecturer in architecture in ...

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NASA’s Mars helicopter ready for pre-flight checkouts

The Ingenuity helicopter on the surface of Mars. Credit: NASA/JPL-Caltech Mission controllers plan to unlock the blades on NASA’s Ingenuity helicopter and spin them up to more than 2,000 rpm for a test later this week, a bit of “calisthenics”  before the rotorcraft’s first flight in the atmosphere of Mars as soon as this weekend, the helicopter’s operations lead said ...

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‘Educational Show of Force’ Fails as New EIP Quells Ethereum Miner Discontent

Source: AdobeStock / Myst An “educational show of force” by a group of Ethereum (ETH) miners failed to happen yesterday, after a new Ethereum Improvement Proposal (EIP) appeared to quell discontent regarding plans to automatically set mining fees. Spearheaded by Red Panda Mining in early March, the action called for 51% of Ethereum’s hashpower to be moved to the Ethermine ...

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