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Yearly Archives: 2023

U.S.-Philippines Alliance Grows With Biden and Marcos Meeting: What to Know

President Biden met President Ferdinand Marcos Jr. of the Philippines on Monday at the White House, part of a four-day U.S. visit by Mr....

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter. www.coindesk.com

White House Considers Two Key Nominations at the Fed

WASHINGTON — President Biden is closing in on two nominations for the Federal Reserve’s Board of Governors that would give the Fed its first...

Scientists in Texas developed a GPT-like AI system that reads minds

Researchers at the University of Texas at Austin have developed an artificial intelligence (AI) system capable of interpreting and reconstructing human thoughts. The scientists recently...

Law Decoded, April 24–May 1

Legislators in the European Union have pushed forward with a draft of a new bill designed to keep artificial intelligence technology in check. According...

U.S. Could Run Out of Cash by June 1, Yellen Warns

WASHINGTON — Treasury Secretary Janet L. Yellen said on Monday that the United States could be unable to pay its bills by June 1...

US Dollar strengthens ahead of Fed

What you need to know on Tuesday, May 2: Financial markets were quite volatile Monday, despite most major countries celebrating Labour Day, keeping local markets...

Poloniex will pay $7.6M settlement to US authorities for ‘apparent violations’ of sanctions

The United States Treasury Department’s Office of Foreign Asset Control announced cryptocurrency exchange Poloniex has agreed to a $7.6-million settlement related to more than...

Congress reacts to bank failure

Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Tim Scott, R-S.C., arrive for the Senate Banking, Housing, and Urban Affairs Committee hearing titled...

U.N. Body Demands Release of Guantánamo Prisoner Who Was Tortured by the C.I.A.

A U.N. human rights panel has urged the United States to immediately release Abu Zubaydah, a prisoner at Guantánamo Bay and the first detainee...

Blur introduces NFT perpetual lending protocol

On May 1, nonfungible tokens marketplace Blur launched Blend, a peer-to-peer perpetual lending protocol that supports NFT collateral. Developed with venture capital firm Paradigm,...

F.D.I.C. Proposes Broadening Bank Insurance for Businesses

WASHINGTON — The Federal Deposit Insurance Corporation on Monday recommended that Congress consider expanding its regulatory powers to backstop certain deposits so that it...

USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200

USD/JPY TECHNICAL ANALYSISThe U.S. dollar rallied at the start of the week, bolstered by surging U.S. Treasury yields following the release of the U.S....

USD/JPY Goes Ballistic, Pulverizes Key Fib Resistance, S&P 500 Wavers at 4,200

USD/JPY TECHNICAL ANALYSISThe U.S. dollar rallied at the start of the week, bolstered by surging U.S. Treasury yields following the release of the U.S....

On the shutdown of Bittrex in the US and SEC actions — Bittrex Global CEO at Consensus 2023

Oliver Linch, chief executive officer of cryptocurrency exchange Bittrex Global, has pushed back against the United States Securities and Exchange Commission (SEC), claiming the...

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