The Swiss National Bank (SNB), the central bank of Switzerland, has announced the launch of its wholesale Central Bank Digital Currency (CBDC), the S-Coin, in partnership with six commercial banks. The S-Coin is the first wholesale CBDC to be launched in Switzerland and is intended to provide instant payment services to the banking sector. The […]Read More
Senate Republicans have erupted in anger in response to Senator Tommy Tuberville’s decision to freeze all military promotions. Senator Mitt Romney (R-UT) called Tuberville’s move “insane,” while Senator Lindsey Graham (R-SC) described it as “a reckless decision designed for political posturing.” Other Republicans, such as Senator Marco Rubio (R-FL), have likewise criticized the move; pointing […]Read More
The Israel Defense Forces (IDF) is facing a new challenge in the wake of its successful mission to expose and destroy the Hamas subterranean terror tunnels in the Gaza Strip. This new challenge is dubbed the “Gaza Metro” and involves developing accurate intelligence to locate and map out the many tunnels and subterranean passageways used […]Read More
It is difficult to give a definitive answer on the best time to buy Bitcoin. Investing in cryptocurrency is a very risky endeavor and should not be pursued without careful consideration and analysis. Factors to consider include the current market sentiment, the expected performance of Bitcoin, volatility and the overall risks associated with investing in […]Read More
Rep. Pramila Jayapal’s younger sister, Mona Das, has announced a campaign for Congress in Washington’s 8th congressional district in 2020. If elected, they would become the first sisters to represent the same district in Congress. Das is running on a progressive platform that includes Medicare-for-All, climate action, and solidarity with immigrant communities. She has started […]Read More
FTX CEO Sam Bankman-Fried said that the exchange “sure should have” done more to protect customers’ money in the wake of the industry-wide Flash Crash of May 26. Bankman-Fried conceded that scientists at FTX knew in advance that prices of certain tokens were likely to dip, but that this knowledge was not conveyed to FTX […]Read More
A Justice Department tax official told Congress last month that senior IRS criminal tax investigator John Francis Weiss needed approval from his division before bringing any potential criminal charges against Hunter Biden. The testimony came during a closed-door congressional hearing held on March 2 or 3 with Steven LaBerge, special counsel for tax investigations at […]Read More
Turkey is pushing ahead with legislation to regulate cryptocurrencies in the country in an attempt to exit the Financial Action Task Force’s Gray List, the nation’s finance minister said. Berat Albayrak, Turkey’s Minister of Treasury and Finance, said that existing regulatory frameworks needed to adapt to rapidly changing technology. He said the government was focused […]Read More
Democrats are already seeking to make new House Speaker Kevin McCarthy (R-Calif.) a boogeyman after his election by a near party-line vote last week. Given his long history of supporting President Trump’s agenda, McCarthy’s election as Speaker of the House has caused concern among Democrats that he will attempt to roll back progressive initiatives. As […]Read More
. The 4.9% annual growth in U.S. GDP during the third quarter exceeded expectations. This figure was the highest level of growth achieved since the second quarter of 2014, and it is the third consecutive quarter of positive growth. The news was led by a healthy surge in consumer spending, which increased 3.6% in the […]Read More
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