In just over 24 hours, over 375,000 people have seen Three Arrows Capital (3AC) founder, Kyle Davies,served a subpoena by way of Twitter. Without context, this seems like an attempt to embarrass Davies but in contacting the liquidators and reviewing the court documents they provided, it seems to have been more a matter of necessity.
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Cutting the cord — I disconnected from the electric grid for 8 monthsin Manhattan What started as an experiment has turned into a habit I hope will inspire others. Joshua Spodek – Jan 13, 2023 11:45 am UTC EnlargeAurich Lawson | Getty Image reader comments 276 with 0 posters participating Share this story Share on
close video Tesla stocks fall due to China EV demand, Musk’s Twitter ‘distraction’: R ‘Ray’ Wang Constellation Research founder R ‘Ray’ Wang discusses the performance of Tesla’s stocks as they head for record lows and provides an outlook for tech stocks. Tesla's recent round of price cuts now involves vehicles sold in the U.S. The
Uniswap, the decentralized exchange, has partnered up with fintech company Moonpay to let users in the U.S., Brazil, the UK and SEPA (Single Euro Payments Area) areas buy cryptocurrencies on its web app with debit cards, credit cards or bank transfers. What Happened: Uniswap said on Tuesday that users may be able to convert fiat
Apple Inc.AAPL co-founderSteve Wozniakhas describedBitcoinBTC/USD as the only cryptocurrency thats pure-gold mathematics. What Happened: Wozniak made the comments about Bitcoin in aninterviewwith Business Insider in March 2022, adding that many cryptocurrencies are untrustworthy and have a track record of being rip-offs. There are so many cryptocurrencies that come out now; everybody has a way to
Inflation slowed again during December, offering further hope that the worst of last year’s price increases is now in the past. And maybe there’s reason to hope that lawmakers have learned a lesson about how government policy worsened that crisis, too. Bureau of Labor Statisticsdata released Thursday morning show that prices were 6.5 percent higher
Congress should consider barring Donald Trump from holding any future office for inciting a violent mob to storm the US Capitol, the House committee investigating the Jan. 6 attack said in its final report. Released in full late Thursday, the 845-page report is the culmination of an exhaustive 18-month congressional investigation into the insurrection and
Deutsche BankdowngradedBank of America CorpBAC andJPMorgan Chase & CoJPM to Hold rating from Buy, reflecting a cautious view on the banks, including ongoing macro risks and likely weakening bank fundamentals. Key downside risks include a prolonged downturn/recession, resulting in higher-than-expected credit costs and a weaker capital markets backdrop driven by macro uncertainty. The analyst upgradedPNC
JPMorgan Chase said it might be forced to pay more for deposits this year in what analysts called “a warning shot for the entire industry”. Like other Wall Street banks, JPMorgan has benefited from Federal Reserve interest rate rises boosting net interest income — the difference in what banks pay on deposits and what they
China’s exports suffered the sharpest decline in almost three years in December, piling on further economic pressure as policymakers in Beijing grapple with sluggish economic growth and a nationwide outbreak of Covid-19. Exports declined 9.9 per cent year on year in dollar terms in December, according to official data released on Friday by China’s general
Annual US inflation fell in December to its lowest level in more than a year, in a further sign that price pressures have peaked amid the Federal Reserve’s historic campaign to tighten monetary policy. The consumer price index, published by the Bureau of Labor Statistics on Thursday, declined for a sixth consecutive month, registering an
Melissa Watras of Trillium Labs moderated the panel Regulation: The Problems, Solutions, And Ensuring A Balance at Benzingas Fintech Deal Day. Fintech is innovating at a pace that is difficult for regulators to keep up with. Much of the fintech space exists in a regulatory grey area that is dangerous to the government, consumers, and
MELBOURNE Iron ore magnate Andrew Forrest called on Thursday for an overhaul of a A$30 billion (S$28 billion) project to send solar power from Australia to Singapore that collapsed after he and tech billionaire Mike Cannon-Brookes split over funding plans. Singapore-based Sun Cable, largely owned by Mr Forrests private company Squadron Energy and Mr Cannon-Brookes
Shutdown for the trees — Microsoft will soon push Xbox owners into energy-saving Shutdown mode Xboxes will soon have options for active hours and carbon-friendly downloads. Kevin Purdy – Jan 11, 2023 9:27 pm UTC Enlarge / Microsoft is all but demanding Xbox owners give the drastically more energy-efficient “Shutdown” setting a try.Microsoft reader comments
Current Twitter CEO Elon Musk recently joined a Twitter spaces event to discuss another company that he's in charge of auto manufacturer Tesla Inc. TSLA . The former richest man in the world spent nearly an hour talking to the interviewer. With so much speculation as to Musks motives in light of plunging Tesla stock
One of the most vocal supporters of Dogecoin DOGE/USD has been entrepreneur and NBA team owner Mark Cuban. Tweets made by Cuban and Tesla CEO Elon Musk have been known to drive the price of Dogecoin higher as they help validate the meme cryptocurrency. Heres a look at how investing in Dogecoin when Cuban made
close video Fed could slow rate hike pace if inflation data cooperates: Nick Timiraos Wall Street Journal chief economics correspondent Nick Timiraos discusses if the Fed will raise rates another 50 basis points at its next FOMC meeting on ‘Cavuto: Coast to Coast.’ A high-stakes inflation report due Thursday is expected to show that price
Current is an Andreessen Horowitz-backed disruptor looking to fix the way people bank. On one hand, theres currency debasement and its inflationary impacts," the firm's CTO, Trevor Marshall, says. "On the other hand, you have technology which is a deflationary force putting people out of work. In light of this, asset owners are better off
There are many different ideas about what it takes to succeed in trading. Developing a statistically-significant strategy, learning market structure, developing self-control, and learning to think in probabilities are all some of the qualities traders need to assimilate into their everyday lives to become professionals, but all effort would be futile without one key quality:
Global payments giantVisa IncV has released a paper outlining how the firm could work withEthereumETH/USD to enable automated payments from self-custodial crypto wallets. What Happened: The paper, originally presented as part of a company hackathon held earlier this year, explores how the Ethereum mainnet can offer users the capability of scheduling auto-payments with the support