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Diablo IV’s Secret Endings May Tease The Game’s Future
26.6.2023
Diablo IV has been out since June 5, so folks have had enough time to beat the game and see its final cutscene. However, it seems there are some secret post-credit scenes that only a few players have been able to see. And now, folks lucky enough to witness those brief secret endings (it seems there...
Coinbase Credit lends Hut 8 $50M to support Bitcoin treasury
26.6.2023
The loan will help Hut 8 maintain its dynamic Bitcoin treasury management strategy going into the halving, CEO Jaime Leverton said
Economist Jim Rickards Warns of a CBDC-Supported Social Credit System in the US: ‘It Can Happen Here’
26.6.2023
Jim Rickards, an economist and investment banker, has warned about the establishment of a social credit system powered by the issuance of a central bank digital currency (CBDC). According to Rickards, this combination could be used to restrict the civil liberties of Americans by limiting their...
Banking Giants Crédit Agricole, Santander Seek to Provide Crypto Custody Under French Registration
25.6.2023
A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional investors, allows the two major European banks to tap into the crypto market....
Record High Credit Card Debt: 55% of Americans Concerned About Repayment as Inflation Pushes Consumers to Credit Reliance
24.6.2023
According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its highest point since the U.S. Federal Reserve began...
Santander, Crédit Agricole Asset Servicing Arm Acquires French Crypto Custody License – Adoption on the Rise?
23.6.2023
CACEIS Bank, the combined asset servicing arm of the major European banks Crédit Agricole and Santander, has acquired a French crypto custody license, according to the website of France’s financial regulator.
The license, which was granted by France’s Financial Markets Authority (AMF) on June...
Robinhood buys credit card fintech X1 for $95M
22.6.2023
In 2022, X1 claimed to have 500,000 people on its waiting list for a credit card. Over the past two years, the startup has raised $62 million from venture capital firms
Santander, Crédit Agricole asset arm receives French crypto custody license
22.6.2023
CACEIS's registration comes just in time to avoid the bank being subject to France's new crypto regulations
Crédit Agricole’s CACEIS Gains Crypto Custody Registration in France
22.6.2023
The traditional finance giant has been rumored to be seeking the status for years
Economist Steve Hanke Warns of an ‘Ugly’ Recession Looming and Accuses Federal Reserve of Directionless Policies
17.6.2023
Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking direction and “doesn’t know what it is doing.” Hanke...
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken
16.6.2023
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets
How to use credit cards wisely to avoid debt
9.6.2023
Discover effective strategies and best practices to use credit cards wisely and avoid debt
Blackrock CEO Larry Fink Says US Is Jeopardizing Dollar’s Reserve Currency Status
5.6.2023
The CEO of the world’s largest asset manager, Blackrock, has warned that the United States is jeopardizing the U.S. dollar’s reserve currency status. He noted that the debt ceiling debate, risk of national default, and possible credit rating downgrades are “destabilizing” factors...
Fitch Maintains Negative Watch on US Rating Despite Debt Limit Resolution
4.6.2023
Although the U.S. has averted defaulting on its debt obligations, Fitch Ratings still has concerns about the country’s ability to repay its debt. As a result, the credit rating agency has placed the U.S. “AAA” rating on negative watch, emphasizing that recent events have lowered...
Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain
2.6.2023
The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network
Amex planning to use AI for ‘approving cards and lines of credit’
29.5.2023
American Express plans to extend its AI capabilities through partnerships despite having experimented internally with numerous machine learning-powered services
China’s Credit Agency Downgrades US Credit Rating Over Debt-Ceiling Standoff and Looming Default
27.5.2023
China’s oldest credit rating agency, Chengxin International Credit Rating (CCXI), made headlines this week by downgrading the United States’ credit rating. The agency lowered the rating from AAAg to AAg+ and attributed this decision to the escalating political discord, rising inflation...
Moody’s on De-Dollarization: Rating Agency Labels US Debt Default a ‘Near-Term Danger to the Dollar’s Position’
27.5.2023
As calls for the creation of a global alternative to the greenback grow, credit rating agency Moody’s said on May 25 that rival currencies such as the euro and the Chinese yuan do not yet threaten the U.S. dollar’s position as the world’s reserve currency. The agency said...
Russian Think Tank Profiles BRICS Bank as IMF Counterpart to De-Dollarize Credit Markets
26.5.2023
The Roscongress Foundation, a Russian think tank, has profiled the New Development Bank, known as the BRICS bank, as an alternative to the International Monetary Fund (IMF) in its latest “Decolonization in Energy Markets” report. Nation members could secure loans based on their...
JPMorgan Boss Warns ‘Everyone Should Be Prepared’ for Interest Rates ‘Going Higher From Here’
23.5.2023
JPMorgan Chase, the largest bank in the United States, held its investor day event on Monday, where CEO Jamie Dimon answered questions from analysts and journalists. Despite market expectations of a rate hike pause, Dimon cautioned that people “should be prepared for rates going higher from here.”...