FTX Co-Founder Sam Bankman-Fried Accused of Attempting to Bribe Chinese Officials
FTX co-founder Sam Bankman-Fried, one of the most prominent figures in the cryptocurrency industry, has been accused of attempting to bribe Chinese officials in order to receive preferential treatment for his company. The allegations were made in a report by the Financial Times, which cited sources familiar with the matter. According to the report, Bankman-Fried…Continue Reading
Silicon Valley Bank Failure Hearings: Lawmakers Grill Bank Regulators Over Collapse
In a second hearing this week, lawmakers in the House of Representatives have taken the top bank regulators to task over the collapse of SVB Financial Group (Silicon Valley Bank). The hearing, which took place on Tuesday, was marked by heated exchanges and sharp criticism of the regulators’ handling of the matter. Background on the…Continue Reading
The Fed Hikes Interest Rates Again. What’s Next For the Economy?
The Fed has hiked interest rates again, and this time by a full percentage point. This is the second such hike in as many months, and it takes the target rate to 2.5%. The move comes as a surprise to many, as it was widely expected that the Fed would take a more cautious approach…Continue Reading
What Are Wall Street Bets Top Meme Stocks?
Wall Street Bets is a popular online forum where investors share stock tips and discuss financial news. In recent months, the site has become known for its love of so-called “meme stocks.” These are stocks that have become popular due to their ties to buzzworthy companies or trends. These companies have all seen their stock…Continue Reading
What is BRCC Stock?
Black Rifle Coffee Company (BRCC) is a coffee company that was founded in 2012 by former U.S. Army Rangers and is based in Salt Lake City, Utah. BRCC is known for its strong, dark-roasted coffee and its support of the Second Amendment. The company has seen success in recent years, and its stock has reflected…Continue Reading
Is now a good time to buy a house?
If you’re thinking about buying a house, you may be wondering if now is a good time to do so. The answer depends on a number of factors, including the current state of the housing market and your personal financial situation. The current real estate market is strong, with home prices rising in many parts…Continue Reading
Dogecoin Rises With the Acquisition of Twitter and becomes 8th Largest Cryptocurrency
Dogecoin, the popular cryptocurrency that was started as a joke, has surged past Cardano to become the 8th largest digital currency by market capitalization. Dogecoin, which features a Shiba Inu dog as its logo, was originally created in 2013 as a parody of the then-popular Bitcoin. Dogecoin quickly gained a following among cryptocurrency enthusiasts due…Continue Reading
Elon Musk Fires Twitter CEO and Lays Off Staff
Elon Musk Fires Twitter executives and starts layoffs of employees after taking over the new owner of Twitter. Elon Musk, the new owner of Twitter, has started a wave of layoffs at the social media company. The move comes as Musk looks to cut costs and streamline the business. Musk acquired Twitter in a deal…Continue Reading
Elon Musk Reconsiders $44 Billion Acquisition of Twitter
Elon Musk will visit Twitter’s San Francisco Office this week, ahead of the expected closing of his deal with to buy the company. This was disclosed by Twitter’s CMO. Twitter’s CMO wrote that Elon was in the SF office this Week meeting with people, walking the streets, and continuing to dig in on the important work that you…Continue Reading
FTX and Visa to launch crypto debit card worldwide
Crypto exchange FTX is partnering with Visa (V) to make it easier for individuals around the globe to use crypto holdings for everyday purchases. The pair are rolling out Visa debit cards linked to FTX accounts in 40 new countries starting in Latin America, allowing crypto holders to use their digital assets to pay for…Continue Reading