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Switzerland preparing emergency measures for UBS' takeover of Credit Suisse: Report
19.3.2023
The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
13.3.2023
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley...
DMCC Crypto Centre Surpasses 500 member companies in 2022
14.1.2023
The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company...
What bear market? Consumer confidence higher among crypto owners than normies
8.7.2022
The research firm said that the discrepancy is partially explained by the fact that the average crypto owner is “more likely to be wealthier, younger and male” than the average U.S. adult
Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits
9.5.2022
According to a Gallop poll published on May 2, the public’s confidence in America’s current economic leaders has been deteriorating. Confidence in U.S. president Joe Biden managing the U.S. economy has dropped from 57% to 40%, and faith in Federal Reserve chair Jerome Powell...
Riot Games Sues Scammers Offering Folks Fake Jobs At The Studio
9.12.2021
A nasty scam has become more popular over the last few months. People desperate for work at popular game studios like Riot and Rockstar Games get an email from a recruiter asking them to apply. They do and eventually get the job only to realize it’s all fake, usually after losing money to...
Zimbabwean Dollar Could Collapse, Business Lobby Warns
14.10.2021
A Zimbabwean business lobby group, the Confederation of Zimbabwe Industries (CZI), has warned that the country’s currency could collapse if authorities fail to “implement policy measures that are needed to support it.” Central Bank Approach Unsettling the Market In a letter...
The Great American Road Trip, Only It's The '90s And You're A Con Artist
3.9.2021
I was born in 1991, which means that I wasn’t a teen until the early 2000s. I still think of myself as a ‘90s kid, though, because the early 2000s were just the 1990s with more internet. So The Big Con, out now on Xbox and PC, reminds me of my youth, a time when trips to the video store were...
Don't Click On Those Resident Evil Village Early Access Emails
11.3.2021
Lotta people want to play the game with the big lady! And scammers know this, so fake emails have been circulating inviting players to an early access beta which doesn’t actually exist. Enough emails that Capcom has sent out a warning email of its own.Read more
66% of Europeans Feel Optimistic About Future of Bitcoin, Study Shows
29.4.2020
Europeans are feeling more optimistic about the future of bitcoin. A recent study shows that more than two thirds of them believe cryptocurrency will remain in existence in 10 years time, with some convinced BTC will become a key part of the economy, both as a security and investment. Crypto...