Business News

After FTX, Crypto Finance Firm BlockFi Files for Chapter 11 Bankruptcy; Plans to Lay Offs Workers

BlockFi said that as part of its restructuring efforts, the company will focus on recovering all obligations owed to BlockFi by its counter-parties, including FTX and associated corporate entities.

Nov 29, 2022

By IANS

Where is Sam Bankman-Fried Hiding? Crypto Community Hunting SBF in Bahamas, Crowd Funding Search Ops

Crypto influencers are flying to the Bahamas to see for themselves where Sam Bankman-Fried is hiding after his multi-billionaire dollar crypto empire collapsed overnight.

Nov 28, 2022

By Nandika Vinal Chand

Oil Prices Tumble as Dire China Protests Worsen Economic Outlook

The unprecedented unrest has further darkened the outlook for the world's second largest economy, triggering a broad selloff in commodities and particularly depressing the oil markets.

Nov 28, 2022

By Jacob J

Tiantian Kullander Cause of Death: Crypto Industry in Shock as Amber Group's Young Founder Dies Suddenly Amid Fundraising Process

The crypto and finance industry has been shocked by the sudden passing away of Titantian Kullander, the co-founder of Amber Group.

Nov 28, 2022

By Nandika Vinal Chand

Binance Launches Proof-of-Reserves System for Bitcoin Reserves, Starts with Bitcoin

With the new proof-of-reserves website, the crypto exchange company confirmed that its own money is not included in the BTC wallets used in the proof-of-reserves system.

Nov 26, 2022

By IANS

China Covid-19 Infections Hit Record High; Central Bank Infuses $70 Billion Into Faltering Economy

The Chinese economy's growth had decelerated to just 3 percent in the first three quarters of 2022, which is far below the targeted annual growth rate of around 5.5 percent.

Nov 25, 2022

By Jacob J

Coronavirus

Watch Collector Zach Lu's Seventeen-Year-Long Journey with Patek Philippe

Zach Lu said I've met so many famous people, I've attended special events across the world. And I really couldn't ask for anything more

Nov 25, 2022

By IBT Desk

For Expert Project Manager Shamli Nikam, The Keys To Success Are Determination And A Balance Of Big-Picture Thinking And Detailed Strategy

Shamli Nikam said I have worked on projects of all sizes for different industries. I have rescued projects that were failing, and I have been pulled into projects that were tracked.

Nov 25, 2022

By Anshul Panda

Recession Worries to Ease as Fed Minutes Suggest Pace of Interest Rate Hikes Will Slow Down

The minutes of the policymakers' meeting earlier this month showed that a 'substantial majority' of policymakers thought it was now okay to reduce the pace of the rate hike.

Nov 24, 2022

By Jacob J

Collapsed FTX Owes Nearly $3.1 Billion to Top 50 Creditors

FTX and its affiliates filed for bankruptcy in Delaware on Nov. 11 in one of the highest-profile crypto blowups.

Nov 21, 2022

By Reuters

Simon Lerner's NetCon community is paving the way for financial education

Simon Lerner says NetCon was built on a foundation of inclusivity and credibility. My aim is to create an online machinery of financial knowledge and expertise that trickles down to sections that are often inaccessible to the masses

Nov 21, 2022

By IBT Desk

The future of events post-pandemic

Seth Godin said A brand is a set of expectations, memories, stories, and relationships that, taken together, account for a consumer's decision to choose one product or service over another

Nov 21, 2022

By IBT Desk

As most start-ups implode, Online Shop is set to explode – a candid interview with founder, Terry McGinnis

Terry McGinnis said Our wealth management firm, Rothschild & Co., told us about some of their vacant space in Manhattan and we were like 'oh, cool, why not?' that's about the extent of it.

Nov 21, 2022

By IBT Desk

Jeff Bezos Warns of Recession, Advises Americans to Take' Some Risk Off The Table'

The Amazon founder advises consumers to keep their cash safe and avoid unnecessary spending.

Nov 20, 2022

By IANS

Employee vs Entrepreneur: How The Freedom Era is Part of a Paradigm Shift

The Freedom Era combines an education in business strategy, leadership, digital marketing, and personal development with a community of positive, high-achieving entrepreneurs, and a health-based high-ticket offer.

Nov 19, 2022

By IBT Desk

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