Eric and Ethan Parker are the co-founders of Giddy, a self-custodial crypto wallet that aims to make DeFi accessible for everyone. After experimenting with Bitcoin mining in 2012, Eric moved to Ethere...
Tag: Financial
Crypto Bank Silvergate Will Shut Down Amid Financial Peril
Topline California crypto banking giant Silvergate Capital announced Wednesday it is ending operations and liquidating its Silvergate Bank, sending its stock price plummeting, following a months-long ...
Financial Regulator Reform Gives Foreign Investors Pause
China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as Hong Kong underperformed as foreign investors expressed concerns over a reshuffling of financial regulator...
Elon Musk has ambitions of making Twitter the world’s biggest financial institution
Ad Twitter owner Elon Musk said during a conference on March 7 that his social media company aims to become a leading payment service. Musk wants Twitter to be a payment tool In an interview with Morg...
Become ‘Biggest Financial Institution In The World’
Topline Twitter is nearing profitability, its billionaire owner and CEO Elon Musk claimed in a Tuesday interview, sharing further details on his lofty long-term aspirations for his social media compan...
Powell Left the Market a Bitter Pill, Let’s Check the Ingredients
Fed Chair Jerome Powell has concluded his testimony Tuesday in front of the Senate Banking Committee, giving the market a bitter pill to swallow. The market moved lower and the Cboe Volatility Index (...
China Pushes Anti-Crypto Agenda With New Financial Regulator
Chinese lawmakers have announced a new financial regulatory body, the National Financial Regulatory Administration (NFRA), which will replace the China Banking and Insurance Regulatory Commission. The...
China announces new financial regulator in governmental overhaul
China has announced plans for a governmental overhaul that includes the introduction of a new national financial regulator. On Tuesday, March 7, the government announced that it would abolish the Chin...
Trip.com Financial Results Provide Important Insight Into China’s Reopening
China Last Night KraneShares Key News Asian equities were higher overnight, with China and Hong Kong underperforming. India was off for Holi, which celebrates the arrival of spring according to Google...
China to push reforms with new financial watchdog
China will establish a new federal financial regulatory body to replace its current banking and insurance watchdog, following plans for developing a national data bureau unveiled recently. The legisla...
China announces plans for new national financial regulator
The Chinese government has plans for a governmental overhaul, according to a new announcement. This includes introducing a new national financial regulator. On Tuesday, March 7, the government announc...
All Chip Stocks Aren’t the Same: Here’s Why We Chose This One
We started a position in Marvell (MRVL) late last week, a move we explained in greater detail in today’s Daily Rundown. Then the questions came in. Members asked why the Action Alerts PLUS inve...
Babel Finance Pins Hope on New Stablecoin Project to Resolve Financial Woes: Report
Babel Finance co-founder Yang Zhou is banking on a new stablecoin to pull the troubled crypto lender from the financial crisis. Last June, Hong Kong-based project was one of the three prominent firms ...
Central Bank Orders Financial Institutions to Ration Dollars – Africa Bitcoin News
Growing shortages of foreign exchange on the interbank market have reportedly forced the Central Bank of Kenya to ask financial institutions to ration dollar purchases by Kenyan businesses. The shorta...
G20 Meeting of Financial Chiefs Takes A Step Forward Towards Crypto Regulations
The G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting on February 24-25 in Bengaluru, India, concluded with a strong commitment to regulations for the cryptocurrency sector. The Intern...
ArbiSmart: EU certified financial service hub
SPONSORED POST* While the crypto market offers huge profit potential, it is also incredibly volatile, involving a high level of risk, and success is far from guaranteed. However, the ArbiSmart platfor...
US renters pay a ‘singles tax’ of up to $19,500 — here’s how to boost your financial security if you live alone
Living alone has its perks. You get to watch what you want on TV, there are no timetable tussles for the shower, and no one steals your leftovers from the fridge. But flying solo comes at a cost. Don&...
3 Stocks Yielding Over 5% With Monthly Dividend Payouts
Dividend growth investing is a popular strategy for investors looking to generate passive income from their portfolio. The approach is attractive because it allows investors to focus solely on their i...
Francis Chou Buys Buffett’s Ally Financial, Trims 2 Top Holdings
Summary The guru established positions in Ally FinancialALLY and Synchrony Financial. He added to his Liberty GlobalLBTYA holding. Chou curbed his investments in Resolute Forest Products and Berkshire...
UK financial institutions apply more crypto restrictions
The HSBC bank and the Nationwide Building Society have imposed more restrictions on customer use of credit cards to buy crypto. “…and then they fight you” UK crypto hub? Financial institutions a...
A Blockchain for Financial Markets Built on Bitcoin
Mintlayer was founded in early 2019 to build a Decentralized Financial Ecosystem that is built on Bitcoin forming a truly decentralized, trustless, and transparent future for finance. As such, Mintlay...
As Copper Prices Go North, Let’s Check on Southern Copper
By BRUCE KAMICH Mar 01, 2023 | 01:15 PM EST Stocks quotes in this article: TECK, FCX, SCCO Hedge fund manager David Einhorn touted Teck Resources ( TECK) and copper as an investment on a financial ca...
Web3 Foundation Appoints Chief Financial Officer to Strengthen the Executive Management
Thomas Fecker Boxler joins Web3 Foundation from Serpentine Venture AG ZUG, Switzerland–(BUSINESS WIRE)–#cfo–Today, Web3 Foundation, whose flagship project is the Polkadot blockchain protocol, announce...
What Is LYOPAY And How It Contributes To Global Financial Inclusion?
Cryptocurrency is on the rise and this “people’s money” is now known for something that we all support and stand for – empowerment! It remains one of the most revolutionary and disruptive innovations ...
Revolut Exhibits Substantial Profit, Financial Accounts Say
Revolut released the first-ever annual profit of 2021. The company had a net profit of almost 26 million pounds. The revenues of the company tripled to almost 636 million pounds. According to the fina...
I’m 57 and will soon have more than $3 million from a business sale. My rich boss trusts his financial adviser, but he inherited his millions. Still, should I try his adviser?
Have a question about your financial adviser or looking for a new one? Email [email protected]. Getty Images/iStockphoto Question: I am 57 years old, have $450,000 saved for retirement and will so...
How Alex Murdaugh Opened The Door For Convictions On Financial And Tax Crime Charges
On June 7, 2021, Alex Murdaugh called police from his cell phone to report that he had discovered the bodies of his wife, Margaret “Maggie” Murdaugh, and son, Paul Murdaugh on the family’s 1,800...
Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency, a new survey has revealed. Commissioned by crypto exchang...
80% Americans Unhappy With Financial Systems, Others Feel Crypto Can Help
Coinbase survey found growing interest towards crypto and blockchain. Global crypto market capitalization stands at 1.07 trillion USD. Since the inception of cryptocurrencies, the debate only grew i...
52 Million Americans Own Crypto Amid ‘Frustration’ In Biased Financial System: Survey
A year of disaster for the cryptocurrency market saw the demise of Terra/Luna, Three Arrows Capital, and Celsius Network, as well as the failure of the FTX exchange. Investors were left in a state of ...
G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor – Regulation Bitcoin News
The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor report...
Opinion: Powell will have to push rates even higher for the Fed to get inflation to 2%
Inflation is proving tougher to curb than Federal Reserve Chairman Powell anticipated, and despite indicators that a recession could be coming, consumers and businesses apparently haven’t gotten the m...