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 (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. Teisipäeval, a spokesperson for the chip manufacturer explained that Intel hasend-of-lifed the

Majandusteadlased ootavad, et keskpank avaldab enne ülejäänud ajaks peatamist veel ühe 25 bps intressitõusu 2023

Pärast Föderaalreservi märtsi intressitõusu, majandusteadlased usuvad, et Saudi Araabia ja mitme Naftat Eksportivate Riikide Organisatsiooni liikme hiljutine samm (OPEC) naftatootmise vähendamine võib keskpanga missiooni keerulisemaks muuta. Lisaks,…

First Republic Bank’s Shares Downgraded to Junk Status by S&P Globaalne; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from

Börsil noteeritud Bitcoin Miner Argo Blockchain peatab Nasdaqi kauplemise

Bitcoini kaevandaja Argo Blockchain teatas, et taotles detsembris oma ettevõtte aktsiatega kauplemise peatamist. 27, nagu ettevõte loodab teadaande teha kolmapäeval, dets. 28, 2022. Ettevõtte aktsia on kaotatud 96.34% aastast kuni tänaseni ja dets….

Bitcoin’s Hashrate Remains Stronger Than Ever in the Face of Crypto Winter Prices and Sky High Difficulty

Despite the fact that bitcoin miners are getting bare minimums in profits per petahash per second (PH/s), and the myriad of headlines showing specific mining operations folding from the crypto winter, võrku’s total hashrate continues to chug along at close

Celsiuse kliendid paluvad pankrotikohtus krüptosüsteemi vabastamist, Üks klient vajab toidu lauale panemiseks raha

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

Terra’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. Vahepeal, the whistleblower Fatman has accused Terras co-founder Do Kwon of cashing out $2.7 billion a few months

Ameerika majandusteadlased on hämmingus ebatavalise olukorra pärast, kuna Venemaa rubla on maailma parima tootlikkusega Fiati valuuta

Two months after the Russian ruble fell below a U.S. penny, 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