Sequoia slashes its crypto fund by 66% after industry collapses: Report By Cointelegraph
[ad_1] Venture capital giant Sequoia Capital reportedly downsized its cryptocurrency fund from $585 million to $200 million, amid a liquidity crunch and a pivot away...
Jose Cuervo distiller’s profit dips, hit by North America headwinds By Reuters
[ad_1] © Reuters. Bottles of Jose Cuervo Tequila rest on a shelf in Mexico City, Mexico, February 8, 2017. REUTERS/Edgard Garrido By Kylie Madry MEXICO...
Evergrande EV unit shares set to trade lower after a 16-month halt By Reuters
[ad_1] © Reuters. Test cars by Evergrande are parked outside the Evergrande New Energy Vehicle (NEV)’s research center, in Shanghai, China October 6, 2021. Picture...
MakerDAO increases DAI yield in bid to boost demand By Cointelegraph
[ad_1] A proposal seeking to temporarily increase the interest rate granted to holders of stablecoin Dai (DAI) was approved by the MakerDAO community on July...
HBAR Trading At Just 5c Makes NO SENSE TO ME
In Episode 8 of Mike Maloney’s series ‘Hidden Secrets of Money’ viewers were introduced to a promising new Distributed Ledger Technology known as ‘Hashgraph’. At...
Why is Jerome Powell gaslighting us about the odds of recession? By Cointelegraph
[ad_1] Over the last 12 months, market analysts and commentators have relentlessly predicted that the United States is heading for a recession. However, the U.S....
US GDP Grew An Unexpectedly Hot 2.4% In Q2 Despite Fed’s Aggressive Tightening Campaign
So much for the Fed’s attempts to slowdown the US economy. US GDP growth in the second quarter was much stronger than expected as activity...
New Optimism wallet lets users receive crypto via Twitter login By Cointelegraph
[ad_1] © Reuters A new wallet that has launched on Optimism allows users to generate an address without storing seed words, and the account can...
China Debt Ratio Hits Record But Pace of Borrowing Is Easing
(Bloomberg) — China’s debt-to-GDP ratio rose to a record in the second quarter, although consumers and businesses are borrowing at a slow pace, reflecting low...
SEC chief accountant warns accountants about liabilities when auditing crypto firms By Cointelegraph
[ad_1] Paul Munter, chief accountant of the United States Securities and Exchange Commission (SEC), has released a statement warning accounting firms of their obligations to...