India is teaming up with tech giants Google and Facebook to step up efforts against "romance scams" that use cryptocurrencies for investment fraud. The scams mainly target disadvantaged groups such as unemployed youth, housewives, students and financially disadvantaged individuals, according to the Indian Home Ministry's 2024 annual report. The report highlights the global nature of the problem, which also involves large-scale money laundering and cyber slavery. Cyber scammers often abuse Google...
The seven giants of US stock technology, how many are happy and how many are sad?
On November 15th, 13F documents show that asset management giant BlackRock continued to increase its holdings of US stocks and technology giants in the third quarter, including Apple (AAPL. O) 43.40 million shares, Microsoft (MSFT. O) 7.50 million shares, NVIDIA (NVDA. O) 12.35 million shares, Amazon (AMZN. O) 18.55 million shares, Meta Platforms (META. O) 980,000 shares, Tesla (TSLA. O) 4.66 million shares and Google A + C 6.21 million shares; reduction of Lilly (LLY. N) 1.51 million shares. In...
The Financial Crimes Enforcement Network (FinCEN) has accused banking giant TD Bank of failing to report suspicious activity from an anonymous group of customers engaged in international cryptocurrency transactions. FinCEN said TDBank processed more than 2,000 transactions in nine months from a company called "Customer Group C" (allegedly engaged in sales financing and the real estate industry). Customer Group C falsely reported its expected international telegraphic transfer activity to TD Bank...
According to a document written by a number of executives at BlackRock's asset management giant, including BlackRock's ETF chief investment officer Samara Cohen and head of digital assets Robert Mitchnick, BlackRock has taken note of concerns about the spiraling US $35 trillion fiscal deficit and attributed it to growing institutional interest in Bitcoin. The document outlines: "Concerns about the US federal deficit and debt position are growing both inside and outside the United States, which h...
A recent joke on social media by tech giant Michael Dell has once again sparked widespread concern in the Bitcoin community. In response to a user, Mr. Dell mentioned "enjoy Bitcoin", prompting speculation about whether he had any further interest in Bitcoin. Mr. Dell had previously mentioned Bitcoin in a humorous manner on social media several times. In July, he called it "funny" and posted a funny picture of Cookie Monster eating Bitcoin. Although Dell opened up Bitcoin payments in 2014, due t...
Financial Perspective: Disassembling the Revenue, Costs and Profits of the "Big Seven US Stocks" in the Second Quarter...
Golden Ten Futures, August 29th news, August 27th, photovoltaic wafer leader Longji Green Energy officially raised its quotation, of which N-G10L quotation is 1.15 yuan/piece, N-G12R quotation is 1.3 yuan/piece, and the new quotation is raised by an average of 5 points/piece. For the reason of this price adjustment, Longji Green Energy related person told reporters that it aims to push the industry out of the quagmire of low-price competition and return to a healthy competitive environment throu...
On July 18, the Nasdaq 100 index closed down 2.9% on Wednesday, the largest one-day decline since December 2022. All the "Big Seven" as heavyweights fell, among which NVIDIA (NVDA. O) fell the most, falling more than 6.6%, and Apple (AAPL. O) fell 2.5%. The market value of the "Big Seven" evaporated about 580 billion dollars (about 4.21 trillion yuan) in a single day. Goldman Sachs' trading department said that the S & P 500 index now has only one way to fall, and will not buy on dips.
The S & P 500's longest streak of gains since November came to an abrupt end on Thursday. The "stumbling block" is the very large-cap technology stocks that have been driving the index higher this year. The so-called "Big Seven" investors sold their most in nearly a year as inflation data triggered bets that the Federal Reserve could cut interest rates as soon as September, pulling out of this year's winners and pushing the iShares MSCI US Kinetic Factor ETF to its worst performance since May. T...
On July 12, the U.S. stock market closed on Thursday, the Dow index initially closed up 0.08%, the S & P 500 index fell 0.88%, and the Nasdaq index fell 1.95%. The seven giants of the U.S. stock market suffered the biggest selling pressure in nearly a year. NVIDIA (NVDA. O) fell more than 5%, its market value plummeted by $185 billion, Tesla (TSLA. O) fell more than 8%, and the remaining five giants all fell at least 2.3%. The Russell 2000 index rose 3.57%, its best one-day performance in seven ...
On July 9th, it was reported that the popular Japanese anime "Attack on Titan" will enter the crypto gaming world through a partnership with the Ethereum meta-universe game The Sandbox. The partnership announced that it will create an interactive "Attack on Titan Land" in the virtual world of The Sandbox. The Sandbox, along with Minto and Copro Corporation, has been licensed by IP owner Kodansha to produce NFTs and develop the themed area. The collaboration aims to present the series' apocalypti...
According to recent job postings, social media giant Meta is offering $347,000 a year, plus bonuses, equity and benefits, to experts who advance its vision of an AI meta-universe. Meta wants to use generative artificial intelligence to research and prototype new "consumer experiences", such as games that are "non-deterministic, personalized and change every time you play." Meta pointed out that the focus of the position will initially be on Horizon, a mixed reality gaming ecosystem built on its ...