Reports suggest that the US Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank under receivership, meaning that the San Francisco based Bank is facing collapse....
Craig Wright, also known by the pseudonym Satoshi Nakamoto, has been working to increase the transactional capacity of the bitcoin blockchain for sometime. For those who don't know the history,...
META, the parent organization of Facebook, Instagram and WhatsApp, will cut a further 10,000 jobs. This is the second wave of redundancies from META, who cut their workforce by ten thousand in...
Fed hikes 25bps The Fed raised the fed funds rate by 25bps to 4.75%-5% on 22 March 2023, matching the February increase. This is a new highs, with rates not so big since 2007. The decision was...