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Nalezeno "California": 448

QI Research’s DiMartino Booth Foresees ‘Full Damage’ Yet to Unfold in US Banking Sector

31.7.2023
Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the banking industry. The strategist articulated...

Crypto Biz: Elon Musk’s X targets financial services, PacWest emergency rescue and more

28.7.2023
This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more

Wallex.US Wallet Sponsors US Open of Surfing – One of the Largest Sports Festivals in the World

26.7.2023
The newly launched a non-custodial crypto and defi wallet app Wallex.US is making a big splash by becoming the first ever cryptocurrency company sponsoring a major surfing event. The 2023 Wallex US Open of Surfing will be held in Huntington Beach, California, from July 29 through August 6, 2023....

PacWest stock flash crash recovers after rescue merger with Banc of Cali

26.7.2023
PacWest shares crashed 27% before recovering on a rescue acquisition by the smaller Banc of California

Microsoft And Sony Finally Reach Deal For The Future Of Call Of Duty On PlayStation

16.7.2023
Microsoft and Sony have finally reached a deal for keeping Call of Duty on PlayStation once the Activision Blizzard merger goes through. The surprise agreement comes after months of fighting between the two companies, that included a court battle with the FTC, and is a sign the acquisition is...

Coinbase to Pause Staking in California, New Jersey, South Carolina and Wisconsin

14.7.2023
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ChatGPT maker Open AI hit with class-action lawsuit over alleged data theft

29.6.2023
AI tech has gained a lot of traction over the past year so much so that the EU and US have already proposed legislation around the nascent tech

Jump Trading seeks to move Terra class action suit to California

13.6.2023
The lawsuit, initially filed on May 9, alleges the firm and its CEO was involved in a price manipulation scheme tied to the TerraUSD stablecoin

Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint

7.6.2023
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint

Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’

26.5.2023
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract

Bitcoin Voucher Provider Azteco Secures $6 Million Funding Round Led by Jack Dorsey

20.5.2023
On Thursday, California-based bitcoin voucher company Azteco revealed it had garnered $6 million in seed funding through a round spearheaded by Block, Inc.’s CEO and chairperson, Jack Dorsey. Azteco stated that the newly acquired capital would further its objective to “provide...

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

6.5.2023
After the second largest bank failure in history, the U.S. Securities and Exchange Commission (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...

Coinbase faces suit over alleged privacy violations in biometrics collection

2.5.2023
The proposed class action lawsuit alleges the exchange violated privacy laws in Illinois when it collected and stored users' fingerprints and facial scans

JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators

1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...

JPMorgan to acquire troubled First Republic Bank

1.5.2023
Banking giant JPMorgan has won the bid to take over all the assets of the troubled First Republic Bank after efforts to revive it failed

California approves blockchain-based digital wallet for gov't services

27.4.2023
Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023

Chip Giant Intel Abandons Bitcoin ASIC Production

19.4.2023
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. On Tuesday, a spokesperson for the chip manufacturer explained that...