Stocks Swing To Loss As COVID-19 Surge Hits Optimism

Workday: Financial and human capital management software firm Workday (WDAY) offers businesses access to a range of applications through the cloud, and as such has gained more than 35% in 2020 so far on the back of mass remote working. That rally has stalled recently, however, with the stock close to flat over the past month. Workday will report quarterly earnings today; demand for its cloud-based human capital management solutions will be a key point of focus, according to Zacks Equity Research. Over the past three months, multiple analysts have upgraded their view of the stock to a buy rating.

Crypto corner: Unfortunate bitcoin holder spends $47,000 on single transfer

An unlucky bitcoin (BITCOMP) holder has spent $47,000 in transaction fees to send 0.01088549 bitcoins (around $193) by mistake.

In most likelihood the mistake was made by accident with an unknown user setting the fee manually – in this case paying 2.66038352 Bitcoin to send a much smaller sum, according to Decrypt.

This is not the costliest blunder an unknown cryptoasset holder has made though. Back in June, an ethereum holder spent $2.6 million to send $130 of ETH – an extraordinarily large fee.

Typically the average bitcoin transfer fee is about 0.00025 BTC – or around $4.45. In October a so-called ‘bitcoin whale’ moved over $1 billion-worth of the cryptoasset but paid a fee of just around $3.

All data, figures & charts are valid as of 19/11/2020.

1 2 3
View single page >> |

Disclaimer: eToro (UK) Ltd is authorized and regulated by the Financial Conduct Authority. eToro (Europe) Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission. eToro AUS ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.