Soon after Circle revealed that Silicon Valley Bank did not transfer $3.3 billion of its USD Coin (USDC) reserves, the market responded with a massive sell-off — depegging the stablecoin from the US d...
Tag: Shells
Ukraine’s New Swedish Howitzer Can Hit The Russians With Three Shells At A Time—And Drive Away Before The Salvo Lands
Archer. Wikimedia Commons In the 11 months since Russia widened its war on Ukraine, Kyiv’s allies have donated a dizzying array of artillery—no fewer than 700 towed and self-propelled howitzers of fou...
Hershey-Backed Blue Stripes Makes Cacao Products From The Shells And All
Oded Brenner, CEO of Blue Stripes Cacao, produces upcycled products that use the whole cacao pod. Blue Stripes Upcycling, a sort of culinary alchemy that turns food waste into edible gold, is one of t...
Biden Urges Oil Companies to Cut Prices After Shell’s Profit Doubled
(Bloomberg) — President Joe Biden criticized record energy company profits after Shell Plc announced its second-highest earnings ever while raising its dividend and expanding buybacks. Most Read...
Cardano Developer Emurgo Undaunted By Bear Market As It Shells Out $200M In Investments
The crypto bear market has been brutal, but it has not stopped development in the Cardano ecosystem in any way. The network recently celebrated the completion of its Vasil hard fork, and even though t...
Wells Fargo Shells Out $145 Million To End Feds’ 401(k) Investigation
Topline Wells Fargo agreed to pay $145 million to end a Department of Labor investigation into alleged malpractice with employees’ 401(k) retirement accounts Monday, in the latest major penalty for We...
Shell’s 13-Year Journey From Discovery to First Oil Shows Why U.S. Output Is Flat
(Bloomberg) — Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains to explain why they haven’t raised production fast enough to tame ...