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Blockchain & Crypto

Coinbase to Offer Crypto Futures to US Customers

Coinbase gained regulatory approval to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures

Science & Technology

Intel Abandons Its Attempt to Acquire Tower Semiconductor

Intel Corporation announced the termination of attempts to acquire the Israeli company Tower Semiconductor.

Finance & Economics

Fitch Warns of Possible Downgrade of Dozens of Banks

An analyst at Fitch Ratings warned that the US banking sector is currently on the way to a new downgrade, which could potentially affect dozens of lenders, including industry giants such as JPMorgan Chase.

News

UBS to Pay Over $1 Billion to Settle Fraud Claims

It became known that the Swiss bank UBS agreed to pay $ 1.4 billion as part of the settlement of claims of involvement in fraudulent activities in the United States, which became a kind of premise of the financial crisis that broke out in 2008.

Blockchain & Crypto

Coinbase Launches Stand With Crypto Alliance

The crypto exchange Coinbase has launched Stand with Crypto initiative that unites global crypto advocates

Society & Lifestyle

Disney Introduces New Subscription Solutions

Experts say that changes in Disney’s policy regarding subscription decisions may signal that the company has decided to follow the path of Netflix.

Fintech & Ecommerce

Lender Better.com Plans SPAC Listing in August

Digital Mortgage Lender Better.com plans to become a public company by the end of August.

News

US Government Gives Green Light to First National Direct Air Capture (DAC) Projects

The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program

News

Cartwheel Integrates With Toast Partner Ecosystem

Cartwheel, the on-demand delivery management platform, announced integration with the Toast partner ecosystem.

News

Crypto Company Circle to Expand Its Product Line

The Circle Internet Financial crypto company hopes that its $1 billion cash reserve will allow it to withstand the process of competition from so-called non-crypto firms like PayPal Holdings.

Fintech & Ecommerce

Marketplace Instacart Expands SNAP Payment Acceptance

Instacart, an online grocery store, announced the start of accepting electronic payments under the Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) throughout the United States.

News

Serve Robotics Raises $30 Million

The company Serve Robotics announced the completion of a public deal and the raising of $30 million in financing.

News

USA to Restrict Investments in Chinese Technology Sector

The administration of US President Joe Biden last Wednesday, August 9, announced its intention to introduce restrictive measures concerning the investment of American venture capital, private companies, and joint ventures in the Chinese technology sector.

News

Anthropic Launches New Version of Its LLM

Anthropic, an artificial intelligence startup co-founded by former OpenAI executives, has released a new version of its accelerated and cheaper text generation model, available via API Claude Instant.

News

American Banks Lose Nearly $19 Billion in Loans

In the United States, banks in the second quarter of this year reported losses on loans of almost $19 billion.

Finance & Economics

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt

The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.