Dogecoin investor sues Elon Musk for scam

Dogecoin investor Keith Johnson sued Elon Musk, electric car company Tesla Inc. TSLA.O, and space tourism company SpaceX for $258 billion for promoting the Dogecoin cryptocurrency by raising its price and then dropping it. The lawsuit was…

Revlon files for bankruptcy

The American cosmetics giant Revlon decided to file, together with some of its subsidiaries, with the Bankruptcy Court of the Southern District of New York the petition to voluntarily avail themselves of the protection of Chapter 11 of the…

New York mayor challenges state mining ban

Eric Adams, mayor of the city of New York, indicated his disagreement with the bill, sanctioned by the state Congress, that prohibits crypto mining based on Proof of Work (PoW) considering that the “measure is not the way to follow to…

Yen reaches its lowest value in the last 24 years

The yen continues its downward path against the main currencies as a result of a growing divergence between the monetary policy of the Bank of Japan and the rest of the major central banks, which has plunged the Japanese currency to its…

Retirement plans in crypto represent a risk

US Treasury Secretary Janet Yellen explained that investing in cryptocurrencies is a “very risky option” to include in the retirement plans of average American savers, and it would be reasonable for Congress to face the danger. “It is not…

World Bank forecasts low economy growth

The World Bank recently said that the growth of the global economy was somewhat lower than previously expected. According to the financial institution, a "prolonged period of low growth and high inflation" is likely to occur, mainly in…

Apple blocked 1.6 million fraudulent apps

The App Store of the technology company Apple discovered, during 2021, more than 1.6 million fraudulent or unreliable applications and prevented scams in the order of 1,500 million dollars. The technology company recently presented its…