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The UK economy contracted by more than previously estimated in the third quarter and lagged further behind other advanced economies, as households struggled with high inflation. Data published by the Office for National Statistics on Thursday also suggested that consumers are not dipping into their savings as much as forecast, suggesting the UK’s recession could
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Its been a bad month for many in the crypto world, including Gemini Exchange and its owners and founders, billionaire twin brothers Tyler Winklevoss and Cameron Winklevoss. On November 16, 2022, Gemini announced on its blog: Genesis Global Capital, LLC (Genesis) the lending partner of the (Gemini) Earn program has paused withdrawals and will not
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Americas LGBTQ community can breathe a small sigh of relief. President Joe Biden on Tuesday signed into law the Respect for Marriage Act, formally repealing prior federal legislation that sought to exclude the LGBTQ community and providing a fail-safe measure should the Supreme Courts right-wing majority do to marriage equality and interracial marriages what it
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Days after former President Donald Trumps NFT collection dominated the cryptosphere and captured the attention of social media, the enthusiasm around the project has waned, with its prices and trade volume having decreasedafter the weekend. According to data from CryptoSlam, trading volume for Trump's digital trading cards, created on the Ethereum ETH/USD scaling network Polygon
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Mark Water, Head of Sales at Barchart, shared insights into his company at Benzingas Fintech Deal Day. Barchart is a technology company that specializes in financial market data. Mark shares that, unlike competitors, being a technology company first enables them to leverage the latest and best technology to deliver financial data efficiently and accurately. The
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A major challenge for fintech leaders is expanding the reach of the sector so that it's more inclusive. Lule Demmissie,CEO of eToro U.S., saidher company is making strides in its efforts toincrease the accessibility of the space, but there are plenty of communities out there that remain underrepresented in the investing world. "This is not
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SAN FRANCISCO The man accused of breaking into House Speaker Nancy Pelosi’s home and attacking her husband with a hammer told Paul Pelosi that his wife and other members of Congress were crazy and corrupt and that he needed to take them out, a detective testified in court Wednesday. David DePape also told law enforcement
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Throughout 2022, the cryptocurrency sector sent out shockwaves that hitinvestors and those interested in entering into the market particularly Wall Street and fintech with themost recentcollapse of FTXhurting the development oftrust between Wall Street, fintech and cryptocurrencies. ButWall Street is still committed to entering the crypto industry, saidAdam Levine, vice president of corporate strategy at
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Blockchain, the technology that underpins cryptocurrencies such as Bitcoin BTC/USD , can propel a traditional financial services firm into the next frontier of fintech. And yet, it's highly complicated and extremely scrutinized thanks to the current drama surrounding certain bad actors (i.e., Luna and FTX). "The scrutiny of the contagion of what has gone wrong
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Billionaire investor Tim Draper has earned the title "adventure capitalist" by betting on a series of notable tech successes, including Hotmail, Skype, SpaceX, AngelList, SolarCity, Twitter, DocuSign, Coinbase, Robinhood, and Ancestry.com. Draper was an early supporter of Bitcoin BTC/USD and has made early predictions which for the past eight years have turned out to be
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Leading financial media outlet Benzinga hosted its annual Global Fintech Deal Day & AwardsThursday at Pier Sixty in New York City. Here'sa look at the annual event and the 2022 award winners. Benzinga Global Fintech Awards: Each year, Benzinga honors the top companies in the fintech sector that are building the future of financial services
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