23 September, 2021 by The TZ Newswire Staff Comments Off on CFPB Data Shows Lower-Income Areas More Likely to File Complaints on Credit Reporting, ID Theft
CFPB Data Shows Lower-Income Areas More Likely to File Complaints on Credit Reporting, ID Theft
Lower-income, mostly Black and Hispanic, communities were more likely to submit complaints to the Consumer Financial Protection Bureau (CFPB) about credit reporting, identity theft and delinquent servicing, a report from the agency shows, per a Thursday (Sept. 23) press release.
23 September, 2021 by The TZ Newswire Staff Comments Off on Former Morgan Stanley and Goldman Sachs executives join Amber Group
Former Morgan Stanley and Goldman Sachs executives join Amber Group
Wall Street veterans and founders of Amber Group — a cryptocurrency trading platform — recently appointed Todd Miller as Americas Chief Operating Officer and Dimitrios Kavvathas as Chief Strategy Officer.
Both are former executives at Morgan Stanley and Goldman Sachs Group Inc.
Amber Group — a Hong Kong-based trading startup — also took on Dimitrios’ younger brother, Sotirios Kavvathas, as Europe’s chief of operations. He previously worked as an auditor at BDO and Royal Bank of Scotland.
23 September, 2021 by The TZ Newswire Staff Comments Off on Bitcoin.org attacked by scammers promising a fake giveaway
Bitcoin.org attacked by scammers promising a fake giveaway
Bitcoin.org got hacked Wednesday night. Attackers posted a banner promising to ‘double’ any Bitcoin sent to them.
Bitcoin.org’s anonymous curator, Cobra, announced on Twitter that the website has been compromised and may be down for a few days. The crypto wallet listed on the scam message collected $17,700 in small transactions before the website went offline on Thursday morning.
23 September, 2021 by The TZ Newswire Staff Comments Off on BlockFi receives another extension from NJ regulators on new interest accounts ban
BlockFi receives another extension from NJ regulators on new interest accounts ban
Crypto lender BlockFi has been given another extension by the New Jersey Bureau of Securities (NJ BOS) before enforcing a ban on the creation of new BlockFi Interest Accounts (BIAs). This is the fourth time the ban has been postponed due to ongoing discussions between the two parties.
23 September, 2021 by The TZ Newswire Staff Comments Off on Lessons from Afghanistan’s growing crypto economy
Lessons from Afghanistan’s growing crypto economy
Afghanistan recently plunged into chaos and conflict, compelling its wealthy occupants to turn to cryptocurrency as a way of storing wealth and moving money overseas.
Wealthier Afghans have always relied on paper money or gold to store their wealth. Sometimes turning to hawala (a chain of Islamic brokers) to send money abroad.
23 September, 2021 by The TZ Newswire Staff Comments Off on Why International Game Technology Stock Jumped 13% Today
Why International Game Technology Stock Jumped 13% Today
Shares of gambling industry supplier International Game Technology (NYSE: IGT) jumped as much as 13% in trading on Thursday after getting a big upgrade from an analyst. Shares have slipped late in trading and are up 5.6% at 3:30 p.m. EDT.
Analyst Benjamin Chaiken at Credit Suisse Group upped their price target for IGT stock from $35 per share to $36 per share. That may be a small move, but it represents an implied upside of over 50% based on where shares are currently trading.
23 September, 2021 by The TZ Newswire Staff Comments Off on Why International Game Technology Stock Jumped 13% Today
Why International Game Technology Stock Jumped 13% Today
Shares of gambling industry supplier International Game Technology (NYSE: IGT) jumped as much as 13% in trading on Thursday after getting a big upgrade from an analyst. Shares have slipped late in trading and are up 5.6% at 3:30 p.m. EDT.
Analyst Benjamin Chaiken at Credit Suisse Group upped their price target for IGT stock from $35 per share to $36 per share. That may be a small move, but it represents an implied upside of over 50% based on where shares are currently trading.