News list for " mil"
Stephen Millan, the Fed governor, on Friday reiterated that the central bank should cut interest rates as inflation has cooled and monetary policy needs to offset labour market risks. Mr. Millan said the labour market was slowing and that "if we continue in this direction and we fail to adjust policy sufficiently to contain it, we will be in trouble by 2027". Mr. Millan is one of the strongest proponents of a rate cut at the Fed. At last week's meeting, he voted against a 50 basis point cut, whi...
Arthur Hayes commented on Japan's interest rate hike policy: Don't go against the Bank of Japan: negative real interest rates are their clear policy. The yen will fall to 200 against the dollar and bitcoin will rise to a million dollars.
The Securities Exchange Commission (SEC) has filed charges against Danh C. Vo, founder and CEO of bitcoin mining company VBit, alleging that he misappropriated $48.50 million, some of which was used for gambling and buying gifts for his family. Vo, 37, and VBit Technologies Corp. raised more than $95.60 million from about 6,400 investors, according to an indictment filed Wednesday by the SEC in federal district court in Delaware. The SEC alleges Vo lied to investors about how his bitcoin mining ...
According to Onchainschool, there has been a large transfer of SIGN team funds. About 30 minutes ago, three team wallets transferred SIGN tokens to Binance Exchange, with a total value of 9.30 million US dollars.
TORICO, a growth market-listed company on the Tokyo Stock Exchange that operates platforms such as "Manga Full Volume", announced on December 17 that it has signed a capital business cooperation agreement with Mint Town, which is expanding its business on the Web3 gaming platform. According to the agreement, TORICO will raise about 4.70 billion yen (about 30.17 million US dollars) through the fund operated by Mint Town and other channels, and plans to use the full amount of the proceeds to purch...
According to THE BLOCK, ETHGAS completed 12 million USD token financing, launched the Ethereum Blockspace futures market, and promised to provide 800 million USD liquidity.
The Brazilian Federal Police launched a massive operation code-named "Kryptolaundry" in Brasilia on December 9 to crack down on illegal investments and money laundering through crypto assets. Investigations revealed that the criminal organization hid the flow of funds by setting up dozens of shelf companies, totaling more than R 2.70 billion in illicit financial flows, of which R 404 million was identified as illicit proceeds. Twenty-four search warrants and nine preventive arrests were executed...
The Federal Reserve is preparing to expand its balance sheet again by buying short-term Treasuries in an effort to prevent stress in the overnight lending market, which is crucial to the broader financial system. The Fed said it would begin expanding its balance sheet this month by buying $40 billion of treasury securities and planned to taper off the new purchases sometime next year.
On December 9th, the NYSE American listed company Hyperscale Data announced that it will expand the allocation of bitcoin treasury funds to 75 million US dollars, accounting for about 83% of the company's market value. At present, its wholly-owned subsidiary Sentinum holds a total of 451.85 bitcoins (including 387.4768 bitcoins acquired on the open market and about 64.3731 bitcoins obtained from its bitcoin mining business), and also allocated 34 million US dollars in cash to buy bitcoins on the...
