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In a significant move to bolster the adoption of digital tokens for transactions, PayPal Holdings Inc. PYPL announced Monday the launch of a new U.S. dollar-denominatedstablecoin. Named PayPal USD (PYUSD), this digital currency is the brainchild of the San Jose-based financial giant and is set to be a game-changer in the realm of digital payments
Private equity group TPG Capital has approached EY about buying a stake in its consulting arm in a deal that would herald a second attempt at breaking up the Big Four firm. TPG outlined its plan for a debt-and-equity deal to separate the consulting arm from EY’s audit business in a letter sent to the
Clearing the air — US picks the first two sites for carbon-capture hubs Up to $1.2 billion in funding for handling “legacy” carbon emissions. John Timmer – Aug 14, 2023 10:26 pm UTC EnlargeNicoElNino reader comments 106 with On Friday, the US Department of Energy announced that it chose the first two sites to host
The Middle East technology ecosystem is undergoing a massive transformation with programs like UAE Vision 2031 in the Emirates and Saudi Vision 2030 in the KSA drivingremarkable growth in Saudi Arabia's startup ecosystem, attracting founders eager to benefit from the government's support for entrepreneurship. Onefast-growing startupis Emkan Capital-backed fintech InvestSky.What Is InvestSky Doing In the
DOWN GOES MLS — Real estate markets scramble following cyberattack on listings provider No estimate when crucial MLS listings provided by Rapattoni will be restored. Dan Goodin – Aug 14, 2023 9:59 pm UTC Enlarge / MLS (Multiple Listing Service). Getty Images reader comments 31 with Home buyers, sellers, real estate agents, and listing websites
Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements. 692 Total views 18 Total shares Listen to article 0:00 Analysis Join us on social networksCryptos legitimacy and adoption have increased in recent years, and along with the uptick in use, the tech has become a topic
Bitcoin stays frustratingly quiet after the weekly close, but BTC price forecasts are giving ever-shorter breakout deadlines. 8449 Total views 51 Total shares Listen to article 0:00 Markets News Join us on social networksBitcoin (BTC) is painting a classic August picture as it starts the new week volatility is nowhere to be seen. In a
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
Donald Trump and 18 others were charged with meddling in the 2020 presidential elections by prosecutors in Georgia, the fourth criminal case brought against the former US president in the space of five months. Fani Willis, the Fulton county district attorney, on Monday obtained a sweeping 98-page indictment from a grand jury against Trump on
Many preppers and survivalists focus on getting ready for different disaster scenarios. While there’s nothing wrong with that, as a prepper you should alsoplan for small-scale disasters. Theseinclude financial disasters, which can be difficult if you don’t have money saved for emergencies.(h/t to Survivopedia.com) ManyAmericans deal with financial difficulty, with some living from payday to
Founded in 2019, TradeStation partner Aries is debuting on StartEngine, the same crowdfunding platform trusted by famed businesspeople and investors like Kevin OLeary. Aries challenges traditional full-stack brokers, sporting the tools Main Street needs to compete with its better capitalized and informed peers on Wall Street. Available in 130 countries, Aries differentiates itself by offering
Bolivian National Deputy Mariela Baldivieso is spearheading an initiative to legalize cryptocurrencies in Bolivia. The proposal aims to lift the current ban on crypto assets and urges the Ministry of Economy and Public Finance to establish regulatory norms. "Bolivia needs to embrace new technologies as a transformative opportunity to strengthen our economy, promote financial inclusion,
The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
SECURITY IS HARD — Microsoft finds vulnerabilities it says could be used to shut down power plants Exploitation is hard and patches are already out, but the potential risk is great. Dan Goodin – Aug 11, 2023 8:42 pm UTC EnlargeRockwell Automation reader comments 63 with On Friday, Microsoft disclosed 15 high-severity vulnerabilities in a
Elon Musk has famously offered to take up the costs of anyone who suffers professional losses for what they like or post on Twitter. Now, we need him to turn his attention to those suffering criminal charges at the hands of government for the same. This month has been rife with oppressive signs that Twitter
The rouble has fallen to a 16-month low against the dollar as a surge in Russian military spending and a collapse in export revenues add pressure to a currency suffering under western sanctions and an escalation of capital outflows. Russia’s currency has lost about 25 per cent of its value this year and traded below
UBS is facing a further legal challenge to its controversial takeover of Credit Suisse, as hundreds of individual shareholders — including scores of former employees of the failed bank — are due to lodge a claim in Zurich’s commercial court on Monday. The Swiss Investor Protection Association (SASV), which represents retail investors, is planning to
Critical gravity failure — The Shove mechanic in Baldurs Gate 3 can ruin an encounter, and I love it What my brave warrior’s death to a lowly goblin taught me about dice anarchy. Kevin Purdy – Aug 12, 2023 11:07 am UTC Enlarge / This is the place where I discovered my love for the
In a significant move for the fintech sector, TIFIN, a leading artificial intelligence (AI) platform for wealth, and J.P. MorganJPM have announced the launch of TIFIN.AI. This new venture aims to accelerate the development of AI-powered fintech companies, building on the success of TIFIN Studios, which created five profitable companies between 2018 and 2021.A New