Finance

Topline In a regulatory filing released Friday afternoon, Tesla said it would ask shareholders to approve its second stock split in less than two years at its upcoming annual meeting, after teasing a split earlier this year. Elon Musk in Washington, DC. Getty Images Key Facts Tesla said in its annual proxy filing that it …

Tesla Files For Another Stock Split—Reveals Billionaire Larry Ellison To Leave Board Read More »

Topline The stock market extended an end-of-week selloff on Friday after the Labor Department reported inflation unexpectedly returned to record highs last month—feeding concerns that the Federal Reserve may embark on a more aggressive campaign to temper rising prices, even if it risks stunting economic growth. Federal Reserve Board Chairman Jerome Powell testifies before a …

Dow Plunges 750 Points After ‘Very Troubling’ Inflation Report Fuels Fears Of Impending Recession Read More »

A screen shows former US President Donald Trump speaking on January 6, 2021 during a House Select … [+] Committee hearing to Investigate the January 6th Attack on the US Capitol, in the Cannon House Office Building on Capitol Hill in Washington, DC on June 9, 2022. (Photo by Brendan SMIALOWSKI / AFP) (Photo by …

Nearly 20 Million Watch January 6 Hearing; MSNBC Beats Fox News, Which Stuck With Regular Shows Read More »

Topline More than 20 million people tuned into Thursday night’s prime-time January 6 committee hearing, according to Nielsen data, in which numerous details about the riot and attempts to overturn the 2020 election were made public for the first time. Rep. Liz Cheney (R-Wyo.) speaks during a January 6 committee hearing on Capitol Hill in …

Over 19 Million Tuned Into January 6 Hearing—Topping NBA Finals Read More »

Frax Finance founder Sam Kazemian proposed to repurchase up to $20 million of the DeFi protocol’s own FXS token, to prop up the battered cryptocurrency following the recent marketwide sell-off. Kazemian believes that the digital asset is “significantly undervalued” and does not represent the true value of the Frax protocol nor the “resilience” of the …

Frax Founder Sam Kazemian Plans $20M Repurchase of ‘Undervalued’ FXS Token Read More »

Fluid Finance SA, the first Swiss company to be capitalised in ETH, has brought something revolutionary to the world of mobile banking. A Fluid Account, which you only need an email to open—is better than a bank, and better than an exchange. The newly launched mobile app allows users to move in and out of …

Connect your MetaMask to your bank account, Fluid Finance is now live! Read More »

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Related News Algoracle, a decentralized oracle network that links the Algorand blockchain to the physical world, announced today it recently closed a seed funding round for $1.5 million (USD) to help accelerate the development and launch… Read more Algorand, a next-gen blockchain application network, today announced a major release that will empower the creation of …

Keon selects Algorand as L1 solution for regulated DeFi asset management ecosystem Read More »

The EU’s recent decision to restrict transfers between unhosted wallets and centralized exchanges is already having an impact. Key Takeaways Lithuania’s Finance Ministry is looking to ban non-custodial crypto wallets. New regulation also imposes strict regulations on crypto service providers operating within the nation. The announcement comes after the European Union’s recent decision to advance …

Lithuania to Ban Anonymous Wallets Following EU Regulation Read More »

The cost of fuel oil has increased by 106.7 percent since November 2021, according to the Consumer Price Index for May, released today by the US Bureau of Labor Statistics. Since November 2021, the cost of oil has more than doubled, and it’s the largest increase in the cost since the CPI began in 1935. …

Consumer Price Index Indicates Historic Increase in Fuel Oil Prices Read More »