Troubled regional lender First Republic Bank (FRC) announced that it will cut about a quarter of its staff to reduce expenses after deposits plunged by 40% in the first quarter of the year. Key Takeaw...
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Georgia DA Investigating Trump Will Announce Charges As Soon As July
Topline Fulton County District Attorney Fani Willis said Monday she will announce whether former President Donald Trump and his allies will face criminal charges for their attempts to overturn the 202...
First Republic stock tanks 30% on Q1 results: ‘it’s a zombie bank’
First Republic Bank (NYSE: FRC) reported better-than-expected profit for its first financial quarter on Monday. Shares still plunged 30% in extended hours. Why is First Republic stock down? The bank s...
‘Panic Over Recession Is Overblown,’ Says BMO — Now Might Be an Opportune Time to Jump Into These 2 Stocks
Earnings season is now in full swing, and expectations are that the Q1 readout will turn out to be the second year-over-year quarterly decline in a row for S&P 500 firms. As such, BMO’s chief inve...
WEF mining promo video causes controversy in the crypto market – Cryptopolitan
According to recent market developments, the World Economic Forum (WEF) highlighted the facilities and technology utilized by a crypto mining company, implying that its operations were the “biggest wi...
Changshu’s Government Employees To Get Paid in e-CNY from May 23
China is advancing in the realm of Central Bank Digital Currency (CBDC). As per financial statistics of 2022 released by the central bank in January 2023, 13.61 Billion e-CNY worth $2 Billion are in c...
CM Punk Reportedly Backstage At WWE Raw Despite AEW Return Rumors
CM Punk reportedly visited backstage at WWE Raw in Chicago. Credit: WWE.com CM Punk has not appeared on camera for a wrestling promotion since September of last year, yet the embattled AEW top star co...
US DOJ charges North Korean bank official charged in 2 crypto laundering conspiracies
The U.S. Department of Justice (DOJ) unsealed charges against a North Korean bank official regarding two cryptocurrency-related crimes on April 24. Accused was involved in two criminal plots The DOJ s...
Coinbase sues the SEC to get digital asset-specific rule
Policy • April 24, 2023, 8:00PM EDT Coinbase is suing the Securities and Exchange Commission. The lawsuit follows on a petition for a rulemaking that the company filed with the SEC last summer,...
Tesla investors are worried Elon Musk enjoys operating “above the law”
Tesla reported a sharp drop in profits last week. A group of Tesla investors asked CEO Elon Musk for more commitment to the electric vehicle (EV) company in an open letter published last week, specifi...
US Banking Crisis Triggered $68,000,000,000 in Outflows From Global Financial Giant: Report
Stress that began the US banking system triggered a flight of $68 billion from failed Swiss financial giant Credit Suisse, according to new reports. The bank told Reuters that over 61 billion francs (...
Initial Coin Offering in Cryptocurrency: Participation in IOC
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Over $2,560,000,000 in Ethereum Withdrawn From Staking Contract Following Shapella Upgrade: IntoTheBlock
A prominent analytics firm is revealing that over one million Ethereum (ETH) has been taken out of the staking contract after the smart contract platform’s recent upgrade. IntoTheBlock finds that 1.37...
Philips Shares Pop 12% as Company Reports Q1 2023 Results and Expresses Confidence in Fiscal Year
With Q1 over, the CEO is confident that Philips will deliver on its plan for 2023. Shares of multinational conglomerate corporation Philips (NYSE: PHG) popped 12.72% at the pre-market trading on Monda...
SEC Wins Lawsuit Filed Against Hydrogen Technology Corporation
Last September, the SEC took the Hydrogen Technology Corporation and its CEO, Michael Ross Kane, to court for the alleged price manipulation of the firm’s proprietary token, HYDRO. Proven Manipulation...
Crypto Winter Is Over — Bitcoin Could Reach $100K Next Year – Markets and Prices Bitcoin News
Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to th...
Assessing Solana’s state in Q1- What’s ahead for the next quarter
Solana’s revenue increased 68.7% in the first quarter of 2023. Its NFT space continued to grow despite a few migrations. Messari recently posted its latest report highlighting Solana’s [SOL] performa...
Web3 Gamer – Cointelegraph Magazine
There’s trouble brewing in the red-light region of Decentraland called District X. The ongoing dispute between the leader of District X and a group of community members came to a head with the Decentr...
How the ZkSync Ecosystem Ensures Fast, Secure, and Cost-Effective Ethereum Transactions – Cryptopolitan
In the ever-evolving world of cryptocurrencies and blockchain technology, one of the most significant challenges faced by popular networks like Ethereum is scalability. As the number of decentralized ...
Bitget’s Native Token BGB to be Listed on Bitfinex, Driving Liquidity and Accessibility – Sponsored Bitcoin News
sponsored Victoria, Seychelles, April 24, 2023 – Bitget, the largest crypto copy trading platform, announced that its native platform token BGB will be listed on Bitfinex, driving liquidity and access...
Gymshark Profits Take A Dive Despite Strong U.S. Sales Growth
Investment in the Gymshark flagship store in London added to operational costs. (Photo by Antony … [+] Jones/Getty Images for Gymshark) Getty Images for Gymshark Profits at U.K. active and sport...
Stablecoins must be programmable to counter CBDCs
When it comes to providing stable value, stablecoins and central bank digital currencies (CBDCs) appear to serve two sides of the same proverbial coin. Crypto stable assets, however, can provide entir...
Who Is Bryan Freedman? Don Lemon And Tucker Carlson Hire Same Lawyer After Ousters.
Topline Ousted CNN anchor Don Lemon and Fox News host Tucker Carlson have both reportedly tapped high-powered entertainment lawyer Bryan Freedman to represent them following their sudden departures Mo...
Ordinals Finance steals $1m from users, OFI token crashes 95%
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Ordinals Finance, a platform on Ethereum that allowed users to trade Bitcoin Ordinals’ inscriptions, has deleted their ...
Visa is hiring for ‘ambitious’ crypto product roadmap
Visa is hiring software engineers for its crypto division as it develops new products aimed at the space. “We have an ambitious crypto product roadmap @Visa and just opened a few reqs for ...
Top 5 Crypto To Accumulate Ahead Of The Bull Market
The crypto market has slowed down significantly over the past week and digital assets in the space are suffering as a result. However, while times like this can be disheartening for investors, they al...
European Central Bank Announces Digital Euros Are Widely Available!
42 seconds ago | 2 mins read Market News European Central Bank adheres to bringing forth digital euros. European Commission is yet to provide the legislative proposal. The Committee on Economic and Mo...
Another DeFi Protocol FiIDA Exploited for $700k, Halts Operation
2023, so far, has been dotted with multiple hacks on DeFi platforms and crypto entities. The combined losses in Q1 2023 are around $320 Million. Adding to this infamous list is a cross-chain lending ...
Russia is Now the Second-Largest Bitcoin Mining Hub After the U.S.
Join Our Telegram channel to stay up to date on breaking news coverage As cited by Russia’s largest bitcoin mining provider, Bitriver, Russia is now the world’s second-largest cryptocurrency mining co...
US imposes sanctions on individuals for aiding North Korea
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Office of Foreign Assets Control (OFAC) of the U.S. Treasury has sanctioned three individuals for using illegal fin...
Building Strong Platform for Metaverse Payment for Modern World
1 Metaverse payments in today’s world and in future. 2 How to build a strong platform for metaverse payment. 3 The growth in the developing market and other businesses. Metaverse is a vir...
ECB considers digital euro access, distribution in third design progress report
The European Central Bank (ECB) released its third progress report on digital euro design on April 24. This time the bank looked at access and distribution options that have been endorsed by the ECB’s...