On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill alsoincluded a number of add-on taxes, such asthe Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for Bitcoin BTC/USD mining in 2024,
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Reconnecting — Parker Solar Probe images the launch of the solar wind This discovery is literally the hottest thing in a while. Elizabeth Rayne – Jun 19, 2023 11:15 am UTC Enlarge / An artist’s depiction of the Parker Solar Probe, along with its subject.NASA reader comments 5 with The solar wind swarms with charged
Origin, a financial wellness startup, announced its acquisition of Finny, leaving the financial terms of the deal undisclosed. Briefly:Origin will integrate Finnys education, content, curriculum, and debt management tools, further bolstering its platform which simplifies finances for individuals by making it easy to track spending, get advice, as well as manage investments. Impact: "I'm thrilled
Theres a gap in the financial services market when it comes to integrating crypto into the mainstream financial system. FinXP is a European fintech company that is working to close this gap and help boost crypto adoption. It is a trusted partner for crypto companies requiring fiat banking and payment solutions; solutions that have now
US secretary of state Antony Blinken has arrived in Beijing on a highly anticipated mission to reboot US-China relations, which have cratered this year after an alleged Chinese spy balloon flew over North America. Blinken will be the first secretary of state to visit China since 2018, a reflection of Beijing’s strict coronavirus pandemic lockdowns,
UK households that come to the end of fixed-rate mortgage deals next year face an average £2,900 increase in annual payments, putting Rishi Sunak under pressure to defuse an election-year time bomb. The estimated increase in payments by the Resolution Foundation think-tank reflects concern that the UK has a worse inflation problem than other countries
The European Central Bank has warned Brussels against swooping to claim money from custodians of trapped Russian assets, claiming it could dent confidence in the euro as a global currency and hurt financial stability. The Frankfurt-based institution has privately told the European Commission that plans to divert payments on bonds owned by the Russian central
1K Pistol grips and accessories galore. Also, lots of weight, especially when fully loaded to include the side-saddle shell holder attached to this Mossbergs receiver. Short-barreled shotguns have long been a hotly debated topic in firearm circles and legislative halls. Are they legal to own? What length? As horrible as the recent Nashville school shooting
One of the most well-known internet acquisitions of 2002 was when eBay Inc EBAY announced it was acquiring PayPal Holdings Inc PYPL . Investors who bought eBay shares on the day the deal was announced have done quite well for themselves. Years later, eBay decided to spin off PayPal. Heres a look at the performance
In December of last year, Gartner forecasted that 60% of financial institutions would be looking for composable finance solutions by 2024. Rather than out-of-the-box tech, composable software gives users a library of pre-built modular components that each perform specific functions. This allows users to pick and choose the components they want to essentially build their
Last week, SALT and iConnections held a conference at The Glasshouse in NYC. The event provided thought leaders with a platform to share insights on the future of innovation, investingand global financial trends. Here are some key takeaways and perspectives. Assets On Blockchain: June Ou, the co-founder and president of Figure, addressed the obstacles associated
Revolut, the UK-based neobank that offers crypto trading as part of its financial app, may have its application for a banking license rejected by the Bank of England, according to a report in The Telegraph. The BOE has told the UK Treasury that it's planning to reject Revolut's application, the newspaper reported, without saying where
In April, total card expenditure per household was down 1.2% year on year, as measured by Bank of Americaaggregated credit and debit cards. Thisfollows the trend seen inconsumer prices. The credit card data captured by Bank of America markedthe first decline in card spending since February 2021. Why It Matters: A reduction in household credit
Last Wednesday,Justin Sun, founder of Tron TRX/USD , gaveakeynote interview to kick off the second episodeof Benzingas virtual trade show series, Crypto Unlocked.The event focused on global real-life use cases for crypto and Trons role as the leading network for USD-backed stablecoinTether USDT/USD . In the exclusive interview, Sun spoke of blockchain technology as a
Personal computing sale — Dealmaster: Summer savings on laptops, smartphones, and smartwatches With savings on laptops and smartphones, now is a great time to upgrade your gear. Chuong Nguyen – Jun 16, 2023 11:15 am UTC reader comments 2 with Enlarge It’s summer, but if you’re still hard at work, now might be a good
Theres a gap in the financial services market when it comes to integrating crypto into the mainstream financial system. FinXP is a European fintech company that is working to close this gap and help boost crypto adoption. It is a trusted partner for crypto companies requiring fiat banking and payment solutions; solutions that have now
Increase Alpha Founder and Chief Data Officer Sid Ghatak is building tools to trade markets profitably in any market environment. After an elaborate study, he tells Benzinga he will go to market with a proprietary fund attracting external investment. The potential for this new venture is boundless, Ghatak adds, noting that there were times during
Trading platform Webull celebrated its five-year anniversary by releasing new innovative features that utilize artificial intelligence (AI) to suggest investment portfolios based on user responses to a risk assessment. Webull 9.0 introduces new content and more sophisticated tools such as Sage Tracker, which allows clients to monitor the investment activities of leading institutional investors, and
Experts are weighing in on why they believe that Bud Light lost out to Modelo Especial as America’s most popular beer last month, and it’s not just because of its Dylan Mulvaney partnership. Modelo Especial has increased sales by $333 million since 2022, according to behavior analytics firm Circana in data cited by CBS. Bud Light, in
The Kilauea volcano in Hawaii erupted on June 7, spewing huge flows of lava. Breathtakingfeeds from the US Geological Survey (USGS) captured the eruption at the Halema’uma’u crater. The USGSreported that lava flows are currently confined to the surrounding crater floor and that the eruption will not endanger the public. Despite the reassurance, the USGS