Search Results for: a failure of

Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 年

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Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, 地元メディアが報じた. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures…

Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

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Nigerian human rights activist and lawyer, Femi Falana, has accused the International Monetary Fund (IMF) and the World Bank (WB) of sabotaging the currency swap arrangement between China and Nigeria. Falana said the Nigerian central bank and the two global financial…

SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

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After the second largest bank failure in history, アメリカ. 証券取引委員会 (SEC) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s executives…

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

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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…

Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

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Former Chief Technology Officer at Coinbase, バラジ スリニバサン, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. ドル. Srinivasan paid a total of $1.5 100万, more than the initially…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

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Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

5月のアップグレードで「イーサリアム上のスマートコントラクトと同等」のビットコインキャッシュスマートコントラクトが可能に, 「1000倍の効率の利点」: 開発者ジェイソン・ドライゼナー

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自由推進テクノロジーの擁護者でソフトウェア開発者のジェイソン・ドレイゼナー氏は最近、5月に予定されているビットコインキャッシュネットワークのアップグレードについて電子メールでBitcoin.comニュースに語った。 15. この日に可決される予定の改善提案の中で最も話題になっているものの 1 つ —…

Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week in Review

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Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, 経済学者, 著者, and analysts from around the world have been weighing in on “脱ドル化” in a prolific fashion. Author and libertarian…

Police in Kosovo Seize Crypto Mining Rigs From Serbs

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Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the…

Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession

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Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” 彼は強調した. Citing the Federal Reserve’s…