The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Finland's economy is growing more slowly now than during the major recession of the 1990s.
Block appears to be squarely in the government’s sights. Prosecutors from the Southern District of New York are reportedly probing extensive compliance lapses at the parent company of Square and Cash App. NBC News says a former Block employee has handed over documents to federal authorities, painting a picture of how the company failed to gather required risk-assessment information from customers and subsequently processed illegal transactions. The documents allegedly show that Block greenlit...
Areas under investigation include whether the company failed to gather sufficient information on customers to assess risks, and if processed transactions involved countries subject to economic sanctions.
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. A new tax on fossil fuel companies based in the world’s richest countries could raise hundreds of billions of dollars to help the most vulnerable nations cope with the escalating climate crisis, according to a report. The Climate Damages Tax report, […]
Photo: diplomacy.state.gov India-West News Desk WASHINGTON, DC – The annual State Department report on human rights practices addresses various issues in India. It covers the ethnic conflict in Manipur, tax raids on the British Broadcasting Corporation, and the conviction of Congress leader Rahul Gandhi by […]
Century Lithium (TSXV: LCE) is reporting an after-tax net present value (8%) of $3.0 billion for its Clayton Valley Lithium
Roger Ver was arrested in Spain over the weekend, according to the Justice Department. The US will seek his extradition.
Slowmist, teaming up with Imtoken, has exposed a new cryptocurrency scam exploiting offline transactions and using USDT, where scammers manipulate Ethereum RPC to falsify USDT balances in the victim’s wallet. The con artists coax victims into changing their Ethereum RPC URL to one they control, making it appear as though USDT funds were deposited, only […]
Global crypto investment products saw a net outflow of $206 million last week, reflecting investor concerns over the “potential impacts of Federal Reserve policy decisions on interest rates,” as reported by Coinshares. Global Impact Of Crypto Outflows On Bitcoin ETFs And Market Volume CoinShares revealed that the recorded net outflow of $206 million marks the […]
A U.S. federal jury has convicted Avraham ‘Avi’ Eisenberg on charges of commodities fraud, commodities manipulation, and wire fraud due to his involvement in the $116 million exploit of Mango Markets, a Solana-based decentralized exchange (dex) platform. Jury Convicts Avi Eisenberg in $116M Mango Markets Crypto Fraud Case In this high-profile court case, Eisenberg was […]
It’s no secret that the proliferation of scams targeting elderly Americans has increased dramatically with the expansive spread of information technology. Older Americans are particularly vulnerable to such scams, a disturbing reality that was made clear to me shortly before my father passed away. My parents, both in their 80s, were being inundated by scam phone calls and mailings, including the infamous grandparent scam, literally on a daily basis. Because they, like many older Americans, grew...