Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the Federal Reserve has “created an environment conducive to a chain-linked series of super bubbles that break with outrageously consequential, painful effects.” Jeremy Grantham’s Warnings Investment strategist Jeremy Grantham shared his U.S. economic outlook with economist […]
BlockFi has approved a request to distribute $103,471 in refunds through its servicer to its California clients, the state’s Department of Financial Protection and Innovation (DFPI) announced on Monday. The decision, which is subject to a bankruptcy court’s approval, comes after a DFPI investigation found the now-bankrupt crypto lender “failed to provide timely notification” to […]
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate” junkies are ignoring the U.S. banking crisis. Quill Intelligence CEO Danielle DiMartino Booth […]
Interpol gab im September eine Red Notice für Do Kwon heraus, und drei Wochen später registrierte er eine Firma in Serbien. Laut offiziellen Aufzeichnungen des serbischen Unternehmensregisters eröffnete Kwon am 12. Oktober eine Firma namens „Codokoj22 doo Beograd“ an einer Adresse im Stadtzentrum der serbischen Hauptstadt. Obwohl es nicht möglich ist, das Register nach Namen […]
Stocks of crypto companies fell Monday after the U.S. Commodity and Futures Trade Commission (CFTC) sued Binance, the world’s largest cryptocurrency exchange by trading volume, and CEO Changpeng Zhao. Coinbase (COIN), the only U.S. publicly traded crypto exchange, fell 9.1% as of 15:25 UTC (11:25 a.m. ET). Shares of bitcoin mining companies Marathon Digital (MARA), […]