New Details Revealed in FTX Case
Former FTX chief borrowed hundreds of millions of dollars from Alameda Research to buy his stake in Robinhood, while the same shares were pledged as collateral against Alameda’s loan
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Bitcoin Hodlers Have Record 8M BTC in Unrealised Loss
The amount of Bitcoin held in self-custody continues to increase, hitting record levels. Both short-term and long-term hodlers are holding on more unrealised losses than ever registered in the crypto history
One Tech Stock That Outperformed Others Revealed
IBM is up 6% in 2022, being one of the two large-cap tech stocks that generated positive returns this year
Baidu Offers Driverless Taxi Services for Nighttime Passengers in China
Starting this week, passengers can ride the Baidu driverless taxis in Wuhan between 7 am and 11 pm
Fidelity is up for Metaverse and NFT
Investment giant Fidelity Investments is eyeing innovative financial services such as payments in metaverse and NFT marketplace
Mastercard Launches Platform to Donate to “Christmas Without Hunger”
The initiative allows Mastercard customers to round up purchase amounts made with credit, debit and prepaid cards and donate them to campaigns aimed at fighting hunger
Americans Lose Optimism about Their Finances in 2023
The annual survey reveals that Americans are less optimistic about their finances than they have been in past years, over half of them found 2022 to be economically difficult
Who is Advised to Use Mobile Proxies and Why?
For a very long time, no one has questioned the value or future of employing proxy servers in the current world. Furthermore, the acquisition of virtual addresses, both on a paid and a free basis is increasing practically every day. In fact, by concealing the user’s real location, the use of mobile proxies in the […]
Data of 400M Twitter Might Get to Black Market
Twitter users’ data containing private emails and linked phone numbers of a few celebrities are reportedly being sold on the black market
Tesla Suspends Production at Shanghai plant, Braces for Poor Stock Performance
Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice. Experts estimate the company’s stock has had its “worst year ever”
US Consumers Vulnerable to Disruptions, as Financial Health Declined in 2022
Financial well-being of US citizens deteriorated to 2019 levels, forcing many consumers to return to risky alternative financial services
North Korean Hackers Steal NFT with Hundreds of Phishing Domains
NFT investors should beware. Hackers linked to North Korea’s Lazarus Group are conducting a massive phishing campaign, impersonating NFT marketplaces, NFT projects and even a DeFi platform
The New Spending Bill Brings changes to Roth I.R.A. and 401(k)
The $1.7 trillion federal spending bill signed today includes dozens of changes to retirement plans Roth I.R.A. and Roth 401(k). That’s how it will affect the employers and investors
Venmo, Cash App Users Won’t Have to Pay Taxes for Small Transactions for Another Year
The IRS gives the users of digital wallets such as Venmo, PayPal, Zelle, and Cash App one more year to comply with the controversial new tax policies that require reporting small transactions to the tax collection agency
FTC Orders Mastercard to Stop Blocking Competitors
According to the Federal Trade Commission, Mastercard has been employing illegal business tactics, blocking the use of competing debit payment networks and withholding needed customer information from competitors
SBF Released on $250 Million Bail
The former billionaire and FTX head, Sam Bankman-Fried (SBF) is out of jail on a $250 million bail, will stay under house arrest until the trial
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