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Bitfinex and Tether Launch Video-Calling App With Lightning Payments

Cryptocurrency exchange Bitfinex, stablecoin provider Tether and a company called Hypercore have been working on a new P2P communication app called Keet. The app allows users to conduct video calls, audio calls and text chats in a private manner. It also comes with the ability to share files between users.

Jack Mallers, Founder of Strike Calls Proof-of-Stake A Liability

Bloomberg interviewed Strike founder Jack Mallers. More businesses, governments and people around the world are using Bitcoin every day. During the Bloomberg Crypto Show yesterday, July 19, Matt Miller spoke to the founder and CEO of Strike, Jack Mallers.

China’s holdings of U.S. debt fell below $1 trillion for the first time since 2010

Amid the rising interest rates that have made Treasury’s potentially less attractive, Chinese holdings of U.S. debt had fallen below $1 trillion for the first time in 12 years. According to Treasury Department data released on Monday, the Chinese portfolio of U.S. government debt in May dipped to $980.

Celsius’ First Bankruptcy Hearing: Can Celsius Mining Provide Redemption?

During its first bankruptcy hearing on Monday, Celsius attorneys stated that it has half a million creditors owed more than $5 billion.

Price cap on Russian oil is a ‘ridiculous idea’, expert says

Recently, the U.S. had brought up the discussion of putting a cap on Russian oil prices. The main reasoning behind this is to reduce funds flowing into the Russian war chest while bringing down the cost of oil for consumers.

U.S. Stock Markets Mosty Green Today But More Pain Likely To Come

U.S. market futures data and global market roundup: Initial U.S. Stock futures data are indicating markets will open higher today after yesterday’s dreary close. Dow picks up more than 200 points as the U.S. market open

U.S. Stock Market’s Major Indexes Dropped After CPI Report of Inflation Came Out

U.S. stock market indexes fell as the Federal Reserve increases the interest rate. The S&P 500 and Dow each fell roughly 1.5%, while tech-heavy Nasdaq collapsed closer to 1.3% as of 12:50 pm ET. Hyperinflation. Oil prices are going low. JP Morgan misses on Q2 earnings. After the U.S.

Crypto Lending Giant Celsius Files for Bankruptcy

On July 13, 2022, Celsius Network LLC and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. The third company to do so amid the rapidly escalating bear market cycle.

At 9.1% Inflation Surpasses Forecast Expectation, Leaving The Price Of Gold Bearish

After months of very public back and forth, Tesla CEO Elon Musk announced his intention to back out of the Twitter deal. Twitter’s legal team has retained a top corporate litigation firm and so you know they mean busines