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Shakepay Takes Immediate Action to Address Data Breach In a recent announcement, Canadian crypto app Shakepay revealed that it had experienced a data breach that resulted in unauthorized access to the personal information of a specific group of its customers. The breach occurred on December 13, 2023, but fortunately, it did not impact any bank […]

Introduction Howard Lutnick, the CEO of Cantor Fitzgerald, a prominent Wall Street private financial services company, has recently confirmed the company's association with Tether, the largest stablecoin issuer in the cryptocurrency market. In an interview on CNBC's Money Movers, Lutnick expressed his admiration for Tether and revealed that Cantor Fitzgerald holds Tether's treasuries. This confirmation

Bitcoin's Price and Market Overview As of December 15, 2023, Bitcoin (BTC) is priced at $42,696, with a 24-hour trading range of $42,067 to $43,329. The market capitalization of Bitcoin stands at $835 billion, supported by a significant 24-hour trading volume of $24.86 billion. Although BTC has experienced a 2.2% decline over the past week,

Ethereum's Price and Market Capitalization As of December 15, 2023, the price of Ethereum (ETH) is $2,259. It is important to note that Ethereum holds a significant market capitalization of $271 billion, along with a 24-hour trade volume of approximately $17.54 billion. These figures highlight the substantial presence of Ethereum in the cryptocurrency economy compared

Introduction Gold, a precious metal valued since the early days of human civilization, has a wide range of applications in today's world. From electronics to acting as a hedge against inflation, gold holds immense value. However, to maintain its predictability and consistency, gold must go through a refining process. In this article, we will explore

Financial Benchmarks Display Bullish Trend After FOMC Announcement Following the recent session of the Federal Open Market Committee (FOMC), the Federal Reserve has decided to keep interest rates unchanged. This decision has sparked a positive reaction in the market, driven by the expectation of rate reductions in 2024 and influenced by Fed Chair Jerome Powell's

Saudi Aramco, the biggest oil and gas company in terms of market capitalization, has joined forces with SBI Holdings, a financial services group from Japan, to explore the possibility of collaborating on investments in digital assets. SBI Holdings is also considering the establishment of a subsidiary in the Middle East to expand its presence in

Skybridge Capital Founder Sees Bitcoin as a Store of Value Asset Skybridge Capital founder Anthony Scaramucci discussed the future of bitcoin in an interview with Bloomberg, expressing his belief that bitcoin has the potential to become a multi-trillion-dollar asset. He emphasized that bitcoin is a store of value asset and compared it to digital gold,

Introduction The first deputy managing director of the International Monetary Fund (IMF) has recently issued a warning regarding the potential emergence of Cold War II. Drawing parallels between the historical Cold War between the U.S. and the Soviet Union, the IMF official emphasized that the current geopolitical landscape is characterized by tensions between the U.S.

Professor Hanke Challenges Krugman's View Johns Hopkins University's professor of applied economics, Steven Hanke, strongly disagrees with fellow economist and Nobel laureate, Paul Krugman, regarding his assertion that inflation is a "global phenomenon." Hanke recently criticized Krugman's op-ed article in the New York Times, labeling it as another example of disinformation from the renowned economist.