Binance under attack: The SEC sued the giant of the crypto industry and its head

On Monday, the US Securities and Exchange Commission (SEC) sued the world's largest cryptocurrency exchange Binance and its CEO Changpeng Zhao. The charges include “network of deception”, artificially inflating trading volumes and redirecting clients' assets. SEC approves, that Binance and Zhao secretly controlled clients' assets, which allowed them to mix and redirect customer funds. Besides, is accused of, that the exchange created separate US legal entities as part of a complex scheme to circumvent US federal securities laws.

Biden signs bill to increase US national debt ceiling

President Joe Biden signed into law, expanding the US government debt ceiling and preventing a potential default on government debt. This significant step was the result of months of political negotiations and includes a number of key measures, reflecting economic and political dynamics within the country. In this article, we will take a closer look at the key points and implications of this decision., which, As expected, will lead to some changes in the US economic landscape.

Senate passes debt ceiling bill, to prevent US default

  The Senate voted to approve the bill, raising the debt ceiling for another two years , sending the law to President Joe Biden's desk just days before, how the US will potentially run out of money to pay its bills. The final score was 63-36. opposed 17 Republicans and four Democrats. The House of Representatives approved the bill 314-117 Wednesday evening .

Banks on Wall Street are hunting for experts in the field of artificial intelligence

Have you noticed, that the world around us is changing at a breakneck pace? Exactly. Banks on Wall Street, center of the global financial industry, do not stand still. They are actively looking for specialists in the field of artificial intelligence (II). But why is this happening and how can it affect our lives?? Let's try to figure it out.

Baidu Highlights $140 million to support startups, like ChatGPT

Baidu

Baidu, the largest search engine and Internet company in China, announced the launch of a new fund to invest in startups., working in the field of artificial intelligence and natural language processing. The fund was named Baidu AI Ventures and will be managed by a division of Baidu Ventures..

Revealed secret data, Tesla autopilot problems

Tesla

Leading manufacturer of electric vehicles, Tesla, caught in the headlines after the leak 100 GB of secret files, containing information about driver complaints about dangerous autopilot problems. According to the German publication Handelsblatt, which received data from an anonymous source and confirmed their authenticity, these files contain thousands of complaints and accident reports, related to unintentional braking or acceleration of Tesla electric vehicles. reported, that similar incidents occurred mainly in the USA and Germany.

recession is: Understanding the Impact of a Recession

Recession

Do you want to understand the concept “recession is”? In this article, we explore the concept, causes and consequences of recession. Learn, how this economic downturn is affecting individuals, businesses and the global economy. Gain insight into coping strategies for difficult times. Read now! Introducing Recessions – is a recurring phenomenon in the world of economics, affecting individuals, businesses and entire nations. In this article, we go into the details of a recession and explore the concept, causes and consequences of this economic downturn. Join us on this journey, where we look at the impact of the recession and discuss strategies for getting through tough times.

U.S. debt ceiling. What will happen?

Introduction Congress has authorized trillions of dollars in spending over the past decade, as a result, the debt of the United States almost tripled from 2009 of the year. During this period, the ability of the Ministry of Finance to borrow money to pay off this debt has repeatedly rested on the limit, established by Congress. on borrowings, known as the debt ceiling.

NYSE trader's dictionary. Terms and their description

Welcome to our comprehensive guide to key terms, that every trader on the New York Stock Exchange should know (NYSE). NYSE – the largest stock exchange in the world, and understanding the terminology used in it is key to successful trading. In this article, we will provide clear definitions and explanations of the main terms, used by traders on the NYSE. Regardless of, whether you are a beginner trader or an experienced professional, our guide will help you navigate the complex world of NYSE trading with confidence.

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