Brainard, a former Fed vice chair, said in an interview that if she attends the upcoming FOMC meeting, she may opt for a hawkish rate cut. She noted that in the absence of official data, employment data from non-government data sources will be referenced. Brainard favors another rate cut and has pledged to bring inflation down to 2 percent over the next two years. She stressed that for Americans, the top issues are inflation and prices. (Golden Ten)
Mario Nawfal, founder and CEO of Dubai-based venture capital firm IBC Group, said in a social media post that when I was talking to SBF about the collapse of FTX (interview to be released soon), he shared an unexpected story with me. SBF's former cellmate, Juan Orlando Hernández, former president of Honduras, has just been pardoned by Trump. He was sentenced to 45 years in prison in the United States last June for drug trafficking and illegal possession of firearms. SBF said: "I was in the same...
On November 12th, Joseph Chalom, co-CEO of Sharplink and former head of digital asset strategy at BlackRock, said that Ethereum is not just another blockchain, but the cornerstone on which Wall Street will ultimately build its financial infrastructure.
On September 30, the U.S. Attorney's Office revealed that former Los Angeles County Deputy Sheriff Michael David Coberg pleaded guilty on September 26 to federal felonies including conspiracy to extort and violation of civil rights. He used his police position to provide illegal protection to Adam Iza, the self-styled "godfather of cryptocurrency," and was paid at least $20,000 a month. According to the plea agreement, Coberg repeatedly abused his law enforcement powers in 2021: he used a gun to...
Binance Allianz CZ reposted a tweet on the X platform and confirmed that the perpetual contract DEX Aster owns several former Binance employees, and YZi Labs holds a minority stake in Aster.
The former speaker of the Ukrainian parliament was killed. The murderer disguised himself as a courier and fired eight shots at close range! Ukrainian police have identified the suspect and suspect Russian involvement. Click to view...
A more long-term priority for the Fed than the prospect of interest rate cuts is to make greater changes to its monetary policy framework, according to the former "three hands" of the central bank. It would be a mistake to take a conservative stance to counter political pressure from Mr. Trump
Former Federal Reserve vice-chairperson Lael Brainard has suggested there is a substantial risk that several regional Fed presidents could be removed next year as a result of political manipulation by US President Donald Trump.
Bob Diamond, former CEO of Barclays and current chairperson of Hyperliquid, has warned that big banks must embrace blockchain technology or risk "falling behind".
Amanda Fischer, chief of staff to Gary Gensler, former chairperson of the Securities Exchange Commission (SEC), has sparked widespread controversy in the industry by comparing the liquid pledge mechanism of cryptocurrencies to the double pledge of assets that led to the collapse of Lehman Brothers. Fischer said on social platform X that the SEC's position on liquid pledges is equivalent to endorsing the Lehman Brothers-like double pledge of assets. Several industry figures have refuted this. Mat...