FTX exchange received approval to operate exchange and clearinghouse services in Dubai. The company will build a regional headquarters in the city. A subsidiary of FTX operating in Europe and the Middle East will facilitate […]
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with […]
U.S. Senators wrote an open letter to the CEO of Fidelity regarding its bitcoin 401(k) plan. Senators condemned the financial institution for offering bitcoin as an optional retirement investment strategy. The senators also recognize the […]
The FOMC raised target rates for the federal funds rate by 75 basis points. Federal Reserve Chairman Jerome Powell indicated “unusually large” increases could be appropriate in future meetings. Powell also stated a period of […]
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a […]
The Virtual Currency Tax Fairness Act seeks to provide tax exemption for transactions up to $50 or trades which net a capital gain of less than $50. Senators Patrick Toomey and Krysten Sinema will introduce […]
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