FedEx’s performance in the first quarter fell short of expectations. Jamie Dimon, CEO of JPMorgan expressed similar concerns a few weeks back. FedEx CEO Raj Subramaniam predicted a worldwide economic downturn in an interview with CNBC’s Jim Cramer this past Thursday. This forecast follows Subramaniam’s disclosure that FedEx’s performance in
Wenjie is entitled to the protections accorded to the owner of virtual property. In its ruling on cryptocurrencies, the court said that although LTC is a “network currency.” According to a recent report, a Chinese intermediate court reiterated a lower court’s decision that litecoin is a virtual property protected by
Saylor tweeted a link to a recent blog article he authored about Bitcoin and the environment. Saylor believes the world produces significantly more energy than it needs. Michael Saylor, a Microstrategy executive, is a major believer in Bitcoin. Last week, the United States Office of Science and Technology Policy issued
Nassim Nicholas Taleb said that Millennials and GenZ don’t understand the economy. Taleb warned of the Federal Reserve’s decision to reduce interest rates. Bitcoin is a “tumor,” according to former crypto supporter turned critic Nassim Nicholas Taleb. On Thursday’s episode of CNBC’s Squawk Box, author of The Black Swan Nassim
Bukele is also responsible for El Salvador’s Bitcoin purchasing binge. Global markets credit research, Fitch lowered El Salvador’s debt rating from CCC to CC. El Salvador’s current president, Nayib Bukele, has reportedly declared his intention to run again in 2024. El Salvador was one of the nations whose highest court
President Joe Biden had ordered government agencies to assess cryptos’ pros and cons. A digital dollar might pave the way for a payment system as per the framework. With widespread cryptocurrency use on the increase, officials have been keeping a close watch on the industry. For example, SEC Chair Gary
The modern consumer has a deep interest in crypto-based financial dealings. As a result of the collaboration, stores will be able to take several cryptocurrencies. BigCommerce, a Nasdaq-listed e-commerce platform, has revealed a new collaboration meant to strengthen and broaden the company’s crypto ecosystem. It has formed a partnership with
The arrest of the criminal was noted on the website of the Dutch police force. This person is suspected of using a malicious Electrum wallet software update. Central Netherlands cybercrime officers have detained a 39-year-old man from Veenendaal on allegations of laundering tens of millions of euros via fraudulent use
A rural electric utility company, a children’s hospital, and others are among the sanctions. The suspected attackers and their firms have been added to OFAC’s sanctions list. A ransomware gang linked to Iran’s Islamic Revolutionary Guard Corps (IRGC) has been sanctioned by the United States Treasury’s Office of Foreign Assets
The Securities and Exchange Commission (SEC) of Thailand is launching additional procedures concerning the operations of crypto operators as the cryptocurrency industry develops. According to reports, the Thai SEC is aiming to limit or prevent crypto operators from providing digital asset depository services and from paying out profits on customers’
