US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Chip Giant Intel Abandons Bitcoin ASIC Production

After announcing the production of bitcoin application-specific integrated circuits (ASIC), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. El martes, a spokesperson for the chip manufacturer explained that Intel hasend-of-lifed the

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Además,…

Las acciones de First Republic Bank rebajadas a estado basura por S&P Global; Las acciones se deslizan más que 25% Más bajo

Después de que la UBS adquiriera Credit Suisse y cerca de una docena de instituciones financieras inyectaran $30 mil millones en el First Republic Bank hace cuatro días, S&P Global rebajó la calificación de las acciones de First Republic al estado basura el domingo. A los inversores les preocupa que la inyección de efectivo procedente de…

Publicly-Listed Bitcoin Miner Argo Blockchain Suspends Nasdaq Trading

Bitcoin miner Argo Blockchain announced that it requested the suspension of trading its company shares on Dec. 27, as the company expects to make an announcement on Wednesday, Dec. 28, 2022. The company’s stock has lost 96.34% year-to-date and on Dec….

El Hashrate de Bitcoin sigue siendo más fuerte que nunca frente a los precios de las criptomonedas en invierno y las altísimas dificultades

A pesar de que los mineros de bitcoins están obteniendo ganancias mínimas por petahash por segundo (PH/s), y la gran cantidad de titulares que muestran operaciones mineras específicas que se retiran del invierno criptográfico, la red’s total hashrate continues to chug along at close

Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’

After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firms vendors accessed a list of Celsius client emails, and the email addresses weretransferred

Do Kwon Accused of Cashing out $2.7B Before UST Collapse, Terra Founder Says Allegations Are False

Tierra’s new LUNA 2.0 token has lost 54% in value in the last two weeks, after reaching $11.33 per unit on May 30. Mientras tanto, the whistleblower Fatman has accused Terras co-founder Do Kwon of cashing out $2.7 billion a few months

Los economistas estadounidenses están desconcertados por una "situación inusual" ya que el rublo de Rusia es la moneda fiduciaria con mejor rendimiento del mundo

Dos meses después de que el rublo ruso cayera por debajo del dólar estadounidense. centavo, the transcontinental countrys fiat currency is the best performing currency worldwide. American economists are baffled by theunusual situationbecause a country facing stiff sanctions typically sees its fiat currency

Ertha’s Inter-Metaverse Portal NFTs Bought for $60K

Eso’s now possible to travel between metaverses thanks to Erthas Portal NFTs. The games passionate community has already spent over $60,000 on these NFTs, despite their purpose being a mystery until now. Erthas players will travel instantly between their home planet