Federal Watchdog Notes Pandemic Unemployment Fraud Could Top $45 Billion
The fraudsters exploited the Social Security numbers by filing multiple claims in different states and using suspicious emails.
This category covers crypto market news today, including crypto index trends, major exchange data, capital flows, sentiment shifts, regulation impact and crypto’s interaction with traditional finance. Designed to help you understand the forces driving valuation across tokens, sectors and regions.
The fraudsters exploited the Social Security numbers by filing multiple claims in different states and using suspicious emails.
The third consecutive 0.75 percent point increase announced by the Federal Reserve has impacted stocks across different sectors.
Following the Fed announcement on Wednesday, the US equity market corrected leading to a similar drop in crypto assets. Bitcoin dropped 2% and Ether by 6% in the last 24 hours.
According to Federal Reserve chairman Jerome Powell, the rate hikes were necessary to ease inflation.
Reports state that Germany will buy out Fortum’s sizable stake in Uniper as the global energy crisis worsens.
The Volmex Implied Volatility index, or the VIV will measure the constant 30-day forward projection of the volatility in the Bitcoin and Ether options market while using the real-time crypto call and put options.
At the moment, the terminal rate is projected to be at 3.8% in 2023, but from the current inflation and its handling, the Fed will have to adjust these figures as well.
Nasdaq says its new crypto custody service underscores its agenda to take on a more assertive role within the crypto space.
A month after achieving the $142 billion net worth, Zuckerberg rolled out Meta and made several AR and VR announcements in 2022.
Leapmotor initially projected to raise as much as $1.5 billion for the IPO but later scaled it down
With the global economic outlook appearing dim, there have been concerns as to the projected IPO move from OYO.
At the Federal Open Market Committee (FOMC) meeting slated for Tuesday and Wednesday this week, the Fed is expected to raise interest rates by as much as 75 basis points.
Dow futures and multiple other major averages fell on Friday following gloomy FedEx figures even as a possible recession looms.
One major aspect that was addressed by the new framework is the fight against illicit finance.
Musk also alleged that Twitter was hiding from it that the company complying with a 2011 agreement with the Federal Trade Commission regarding user data.