Topic

Economics News

A collection of 554 issues

El Salvador's Bold Bitcoin Experiment: What Americans Should Know

In a world increasingly dominated by the digital sphere, the concept of cryptocurrency, particularly Bitcoin, has emerged as a force to be reckoned with. While Americans have largely engaged with Bitcoin as a form of investment or a tool for digital transactions, El Salvador has ventured into uncharted territory: adopting

Weinstein-Ackman Group’s Revised Bid for Sculptor Capital: What Americans Need to Know

The merger and acquisition landscape often oscillates with the ebb and flow of market dynamics. One such significant development, which has recently made headlines, is the Weinstein-Ackman Group's revised bid for Sculptor Capital. Sourced from prominent news outlets such as Seeking Alpha, Reuters, and Bloomberg, we delve into

Elon Musk Takes on the ADL: A Deep Dive into the Allegations and the Implications for Americans

Over the past few days, the tech world has been abuzz with news surrounding Elon Musk, the visionary CEO of companies like SpaceX and Tesla, and the Anti-Defamation League (ADL). Musk has decided to take legal action against the ADL, accusing them of falsely labeling him as anti-Semitic. Here'

Stake Crypto Gambling Site Suffers Suspicious $16M Withdrawals

September 5, 2023 In what could be a significant security breach, Stake, a leading crypto gambling website, experienced unprecedented withdrawals of $16 million on September 4. Cyvers Alerts, a renowned security platform, highlighted these transactions as "suspicious." The Etherscan blockchain explorer has named the recipient account as the

Brazil’s Deepening Ties with Russia and the Quest for Uranium

Exploring the synergy between Brazil and Russia and their evolving relationship in the world of mining and nuclear energy. Over the years, Brazil, an influential giant in South America, has made significant strides in its quest for mineral wealth and energy self-sufficiency. With its vast reserves of resources, the country

SBF

The US government has released more than 4 million pages of documents in the Sam Bankman-Fried case, according to Adam Cochran, managing partner of the Cinneamhain Ventures fund. He added that "authorities have all the chats, all the accounts, money movements and co-conspirators' testimony" regarding SBF.

Friend tech has entered the top 5 projects in terms of profit per day on DeFiLlama

SocialFi-project friend tech's daily commission volume on the Base network exceeded $1.42 million, according to DeFiLlama. Thanks to this, the platform has entered the top 5 in terms of commissions collected, leaving behind Tron, Uniswap and PancakeSwap. The project's revenue for the day exceeded $709,

China Evergrande Group files for Chapter 15 bankruptcy

China Evergrande Group, an investment holding company and one of the largest property developers in China, has filed for Chapter 15 bankruptcy in New York. The company has more than $300bn in debt.

China has become Kazakhstan's main trading partner

China has become the main trading partner of Kazakhstan, surpassing Russia. This is reported by the portal inbusiness .kz with reference to the republic's data on foreign trade. It is noted that by June the share of China in foreign trade operations of Kazakhstan reached 19.2 per

The US Federal Reserve has launched the FedNow instant payment system

The US Federal Reserve has launched the FedNow instant payment service. The system will link credit unions and banks and process payments between their customers.