A $1.8 billion loss from a securities sale kicked off market panic about California lender Silicon Valley Bank last week. On Tuesday its parent company disclosed which financial giant purchased those ...
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How Is Security Maintained By Blockchain Technology
A blockchain needs to be secure to ensure that hackers or unauthorized users do not get access to vital information or steal funds within the network. It is important to note that Blockchain technolog...
The US Banking Crisis’s Domino Effect: Which Banks Could Be Next To Fall?
There have been numerous financial industry crises recently, which have created tremendous chaos. Initially, when FTX’s stock fell, another victim was claimed by the collapse of the well-established U...
Circle clears ‘substantially all’ minting and redemption backlog for USDC
Stablecoin issuer Circle has announced it has cleared “substantially all” of the backlog of redemption requests for its stablecoin USD Coin (USDC). In a March 15 operational update, Circle...
How Do You Monetize Data Assets And Hurdle Drawbacks? – Cryptopolitan
Data marketplaces are virtual platforms that allow users to trade data with each other. They offer businesses, researchers, and other organizations the opportunity to purchase data samples from variou...
Bitcoin Bulls Rejoice: Henrik Zeberg Predicts Upward Trend Until This Happens
Henrik Zeberg, a macro expert, has given a detailed analysis of the current state of Bitcoin (BTC) and the cryptocurrency market as a whole. Zeberg is known for his negative take on cryptocurrencies, ...
Dow Jones Futures Rise As Credit Suisse Taps $54 Billion From Swiss National Bank| Investor’s Business Daily
Dow Jones futures rose modestly overnight, along with S&P 500 futures and Nasdaq futures, as Credit Suisse borrowed nearly $54 billion from the Swiss National Bank, easing contagion fears. X The s...
This is The Time to Invest in Bitcoin and Gold, says Mike Novogratz
For nearly a year, the global cryptocurrency market has been experiencing troubles. From the FTX debacle to the LUNA catastrophe, which in May 2022 destroyed billions of dollars in investor capital. T...
Is DIS Stock Trying to Regain After Performing in Bearish Trend?
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Former FTX CEO Sam Bankman-Fried seeks insurance coverage for legal expenses
Sam Bankman-Fried is seeking the court’s assistance in giving priority to the reimbursement of his legal fees. Sam Bankman-Fried, the CEO of FTX, has been seeking the court’s assistance in prioritizin...
Tax Breaks You Can Claim Without Itemizing
When you file a federal income tax return, you have the choice between taking the standard deduction and itemizing your deductions. But after the 2017 Trump tax changes, which nearly doubled the stand...
Michael Burry Hints at a Potential Bitcoin Rally, here’s What He Predicts
Despite the ongoing SVB and Silvergate scandal, Michael Burry is once again indicating a market bottom. Burry, who is a hedge fund manager famously known as “The Big Short,” is an investor who often m...
XRP Price: Have the XRP Bulls and Whales Given Up Ahead of the Summary Judgment?
The price of Ripple (XRP) is falling as it is currently flashing bearish signals. While the price of Bitcoin has significantly increased over the past few days, the price of Ripple has been stagnant, ...
Are Smart Contracts Integral to Blockchain or Just Useful Tools? – Cryptopolitan
Blockchain technology has taken the world by storm, transforming various industries by offering decentralized and transparent solutions. At the heart of this technology are smart contracts, which have...
Euler Finance Has A Million Dollar Offer, Find for Whom?
After almost $200 million of exploitation Euler Finance is offering $1 million reward. According to on-chain messages from Euler’s deployer contracts, the developers opened up about their offer. On Mo...
U.S. Threatens To Ban TikTok Unless Chinese Owners Sell Platform, Reports Say
Topline Federal regulators recently threatened to ban TikTok in the United States if its China-based owners don’t sell their stake in the company, the social media platform told multiple news outlets ...
Breaking: Europol’s $46M Seizure Unveils Dark Web’s Largest Cryptocurrency Laundromat Washed Out with $2.88B Allegedly Laundered
The rise of cryptocurrency has brought about a new era of financial freedom and decentralization, but it has also given rise to a new form of crime: money laundering on the dark web. Criminals are inc...
First Republic Bank reportedly exploring its options, including a possible sale
Embattled First Republic Bank is exploring its strategic options, including a potential sale, according to a new report. Citing sources with knowledge of the matter, Bloomberg News reported late Wedne...
Buy These 2 EV Charging Stocks, Needham Says, Forecasting Over 50% Upside
While electric vehicles (EVs) are currently a small part of the world’s auto fleets, their numbers are growing. EVs are benefitting from a mix of tailwinds, including improved technologies, social app...
This tech stock is up 15% in extended hours: explained here
Shares of UiPath Inc (NYSE: PATH) jumped about 15% in extended trading after the automation software company reported market-beat results for its fourth financial quarter. UiPath stock gains on solid ...
First Republic Bank Is Said to Weigh Options Including a Sale
(Bloomberg) — First Republic Bank, the San Francisco-based lender that was cut to junk by S&P Global Ratings and Fitch Ratings on Wednesday, is exploring strategic options including a sale, ...
Is It Time To Buy XOM Stock After Its Recent Drop?
Exxon Mobil (XOM) beat the odds. After being removed from the Dow Jones Industrial Average in August 2020 after 92 years, the stock used a comeback in oil prices in 2022 as the catalyst to prove its w...
How Can You Earn Ethereum for Free? Best Ways to Earn for 2023 – Cryptopolitan
Ethereum is a popular virtual currency that has gained tremendous popularity over the past few years for introducing the smart contract capability. So, unsurprisingly, people are looking for ways to g...
Bank of England in emergency talks as crisis deepens at Credit Suisse
Switzerland’s national flag flies in front of the headquarters of Swiss bank Credit Suisse in Zurich – REUTERS/Arnd Wiegmann One of Europe’s biggest banks sparked global market turmoil on ...
Credit Suisse to borrow up to about $54 billion from Swiss National Bank
Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank under a covered loan facility and a short-term liquidity facility. The steps wi...
Fifth Third director bought about $1.3 million worth of stock after it plunged
A Fifth Third Bancorp board member spent more than a million dollars to buy the Cincinnati-based banking services company’s shares on the cheap, but then they got even cheaper as concerns over the ban...
FedEx earnings could add to market jitters
A white FedEx van is parked outside a FedEx Office on a sunny street. Signed, sealed, delivered. Global shipping giant FedEx will publish its fiscal third quarter results on Thursday (March 16) and is...
Apple Joins Cost Cut Bandwagon, Eases On Bonus, Hiring, Triggers Employee Fears Of Layoffs
Apple Inc (NASDAQ: AAPL) is postponing perks for some corporate divisions and expanding a cost-cutting effort joining its peers in streamlining operations amid business slowdown and economic uncertain...
The U.S. housing market could face 2 big changes in the wake of Silicon Valley Bank’s collapse, says Zillow
The recent collapse of Silicon Valley Bank has sent shockwaves through the real estate industry as builders and agents alike scramble to understand what it means for mortgage rates and the economy at ...
U.S. Charges Exiled Chinese Businessman With $1 Billion Fraud
In this 2017, file photo, a Twitter page of Chinese exiled real estate tycoon Guo Wengui is seen on … [+] a computer screen in Beijing. (AP Photo/Andy Wong, File) Copyright 2017 The Associated P...
Pro Pickleball Man Of The Hour
Collin Shick returns a forehand during the Florida Open final. PPATour It is not often that a qualifier reaches the latter stages of a pro tournament, whether it be Pickleball, Tennis, or another prof...
Google Launches API for AI language Model PaLM Challenging ChatGPT-3
Google’s API for PaLM will help businesses “generate text, images, code, videos, audio, and more from simple natural language prompts”. Catching up on OpenAI’s accelerating development on ChatGPT, Goo...