Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images After a series of crypto-collapses, scandals and bankruptcies, Americans’ views on cryptocurrency have soured sharply, with the
The national average credit score sits at an all-time high of 716, unchanged from a year ago, according to a report from FICO, developer of one of the scores most widely used by lenders. However, this marks the first time since the Great Recession that scores did not improve year over year, the report found.
In other news from Russia, President Putin on Monday signed legislation making it illegal to promote or praise LGBTQ relationships, or to express nonheterosexual orientations including in literature, film, television and websites.
The British Museum and the Greek government are reportedly in talks about returning the Parthenon Marbles — also called the Elgin Marbles — to Greece, according to media reports. The marbles are a series of sculptures that once decorated the exterior of the Parthenon, a temple on the acropolis of Athens that was built between
Ultra-pretty ultraportable — Review: The 2022 Dell XPS 13 is more than just a pretty face Louder, lighter, and better-looking than your typical 13-inch XPS laptop. Scharon Harding – Dec 7, 2022 12:00 pm UTC EnlargeScharon Harding reader comments 7 with 0 posters participating Share this story Share on Facebook Share on Twitter Share on
Fintech has not only changed the way we do business, but how we lead our daily lives. Millions of times every day, Americans use fintech apps like Venmo and Zelle to send money straight from their phones, or Paypal and TorFxto conduct business transactions. Today, there are more than 26,000 fintech companies worldwide, including the
Finance industry giant Fidelity Investments emailed its customers today to announce: The wait is over that is the wait to buy Bitcoin BTC/USD through Fidelity. In late October, the firm released its fourth annual report on Digital Assets. The study found that 58% of institutional investors surveyed had invested in digital assets in the first
Stock, drop, and roll — Adobe Stock begins selling AI-generated artwork AI-wielding artist must assert ownership and label each piece as “Generative AI.” Benj Edwards – Dec 6, 2022 11:12 pm UTC Enlarge / An AI-generated watercolor illustration, now eligible for inclusion in Adobe Stock.Benj Edwards / Ars Technica reader comments 79 with 0 posters
China has announced wide-ranging relaxations to President Xi Jinping’s contentious zero-Covid restrictions, including for the first time home quarantine, as further evidence emerged of the economic damage from the pandemic controls. The new measures, outlined on Wednesday by the State Council, China’s cabinet, were foreshadowed by a meeting of the Chinese Communist party’s politburo that
The public-private partnership between Red River Valley Alliance and the Metro Flood Diversion Authority won The Bond Buyer’s 21st annual Deal of the Year award for its bonds issued through the Public Finance Authority to reduce local flooding risk. The issuance, which was the Deal of the Year in the P3 category, was one component
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A new study by LendingTree found that renting is usually cheaper than owning a home, but not always. To look at how the cost of renting a home differs from owning one, the online loan marketplace analyzed Census Bureau data to compare monthly rental and housing payments for homes with and without mortgages in the
Ether (ETH) rallied 11.3% between Nov. 28 and Dec. 5, peaking at $1,300 before facing a 4.6% rejection. The $1,300 resistance level has been holding ground for twenty-six days and is the most likely explanation for the correction to $1,240 on Dec. 6. So from one side, traders are relieved that Ether is trading 16%
Municipals were little changed to a basis point or two firmer in spots Tuesday, while U.S. Treasuries made gains and equities were rattled by comments from large bank CEOs warning of tough economic times ahead. Munis were again better in the belly of the curve while UST made larger gains out long. The three-year muni-UST
Ukrainian drones have struck two Russian air bases hundreds of miles from the frontlines. On Monday, Kremlin officials acknowledged the attacks damaged two Russian warplanes, and reported three people were killed and five others wounded in an explosion at a military base about 150 miles from Moscow. Russia responded with a fresh barrage of missile
Saylor calls SBF the poster child of the crypto world while breaking down his antics, which ultimately brought the downfall of his empire. 4461 Total views 17 Total shares Listen to article 0:00 News Own this piece of crypto history Collect this article as NFT In a recent interview Michael Saylor, the MicroStrategy executive chairman
One set of rules — Meta told to overhaul moderation system for high-profile users like Donald Trump Facebook accused of leaving dangerous content online to serve business interests. Hannah Murphy and Cristina Criddle, Financial Times – Dec 6, 2022 2:13 pm UTC EnlargeLiu Guanguan/China News Service reader comments 75 with 0 posters participating Share this
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, 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 create a new
homeward bound — After lunar flyby, NASAs Orion spacecraft is set to splash down on Sunday NASA is now three weeks into a 25.5-day test flight of the Orion spacecraft. Eric Berger – Dec 6, 2022 2:38 pm UTC Enlarge / Orion, the Moon, and a crescent Earth on Monday.NASA reader comments 49 with 0
In a risk-off environment where cryptocurrency has plummeted to a fraction of its previous valuation, its no secret raising capital in 2022 has become a challenge for startups and industry behemoths alike. But for those still building in the space, bear markets are pivotal for creating a foundation for the next market frenzy. While the