In this stage of economic uncertainty, in which the cost of living is skyrocketing and mass layoffs are taking place, concern has gripped most people, except, of course, those lucky billionaires. The latter have managed to increase their enormous fortunes by a staggering average of $14 billion a day during the last six months, thanks … Read more The economy in crisis as billionaires increase their fortunes
The US House Committee on Financial Services has introduced a bipartisan stablecoin bill, aiming to provide clarity in the digital asset market and payment stablecoin regulation. The Committee’s full hearing is scheduled for June 13 under the title “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.” The bill combines the ideas … Read more United States (US) Bipartisan Stablecoin Bill
The proposal for a BRICS cross-border currency has generated interest and discussion among the nations that make up this group: Brazil, Russia, India, China and South Africa. According to a report by China’s Global Times, Zhou Yu, director of international finance research at the Shanghai Academy of Social Sciences, sees this initiative as a significant … Read more The challenge of the century? The BRICS currency threatens the supremacy of the US dollar
In a leaked memo ahead of the House Financial Services Committee hearing on digital assets, it was revealed that US Democrats want full control over the country’s crypto industry. This includes the figure of SEC Chairman Gary Gensler, who is leading the war against crypto criminals and protecting investors and consumers from harm. Additionally, Republicans … Read more US Democrats Continue Their Secret War Against Crypto Industry While Republicans Defend It
When it came to the market, a crypto debit card seemed like a solution to a short-term problem. It was supposed to be a mechanism through which crypto enthusiasts could spend their crypto in mainstream stores (online and brick-and-mortar) as they waited for the mainstream to catch up. While Bitcoin was proving to be an … Read more Why You Still Need A Crypto Debit Card In 2023
According to Bloomberg, Valley National Bancorp has joined First Citizens Bancshares on the bid for acquired Silicon Valley Bank (SVB). Both banks presented separate offers to the federal Deposit Insurance Corp. before the deadline on Friday night, after the Fdiction confiscated the lender. The FDIC has been trying to sell SVB for approximately two weeks … Read more Valley National Bancorp joins the bid for SVB in a historic auction
Fractions are a fundamental part of mathematics and are used to represent rational numbers. A fraction is a mathematical expression that represents a part of a whole. Fractions are used in everyday life, in areas like finance, construction, and cooking. Knowing how to multiply fractions is important to be able to perform more complex math … Read more How to multiply fractions