October, 2024

October, 2024

People’s Bank of China reports significant growth in CBDC adoption
The People’s Bank of China (PBOC) reported a significant growth in the adoption of its central bank digital currency (CBDC), the digital yuan, with 180 million individual wallets opened as of July 3...

Bitcoin on track for longest flat market in halving year history
Bitcoin (BTC) is on track to experience its longest period of sideways trading during a halving year if it doesn’t show significant upward movement within the next 14 days. According to a dashboard ...

$49,999,999,697 Abruptly Exits Chase Bank Account in Massive Withdrawal After Customer Has ‘Crazy Night Out’: Report
A JPMorgan Chase customer says she was shocked to see her account abruptly wiped out and placed nearly $50 billion in th...

SEC Charges Crypto Trading Firm Cumberland With Operating as an Unregistered Securities Dealer
The U.S. Securities and Exchange Commission (SEC) is suing Chicago-based crypto trading firm Cumberland for allegedly operating as an unregistered securities dealer in transactions involving more than...

Tezos Founder Josh Jarrett and Spouse Launch New IRS Lawsuit Over Staked XTZ Tokens
The founder of Tezos (XTZ) and his wife are taking the IRS to court once again over the agency’s treatment of their staked XTZ tokens. In a new complaint filed with a Tennessee Federal court, Josh a...

Uniswap (UNI) Jumps 12% As Project Announces New Ethereum (ETH) Layer-2 Focused on DeFi
Uniswap’s native token, UNI, ignored a stagnant crypto market and surged by more than 12% on Thursday as the decentralized exchange (DEX) project announced a new Ethereum (ETH) layer-2 project. Unis...

Trader Stays Bullish on Bitcoin, Updates Outlook on Aptos and Altcoin That’s Up Over 166,000% in Ten Months
A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 mon...

Amazon’s Robotics Revolution: Transforming Fulfillment Centers to Enhance Efficiency
As Amazon seeks to redefine the future of logistics, the company is leveraging robotics to streamline its operations and enhance customer experiences, a process that began with the acquisition of Kiva...

Wells Fargo: Rate Cut Should Ease Pressure on Lower-Income Consumers
Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11). Speaking during the company’s quarterly earnings call, Sc...

Walmart Appoints Chief Revenue Officer Seth Dallaire as Chief Growth Officer
Walmart appointed its Chief Revenue Officer Seth Dallaire to the expanded role of chief growth officer — Walmart U.S. While continuing to lead the company’s revenue organization, Dallaire will a...

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B&T Television

October