Stablecoins have become the backbone of the cryptocurrency industry. But not all stablecoins are created equal: the failure of a high-profile digital coin has sent shockwaves through the industry.
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Fri, Jul 8 20229:09 AM EDT
How stablecoins became the backbone of crypto
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Stocks making the biggest moves premarket: Netflix, United Airlines, Kraft Heinz & more
Check out the companies making headlines before the bell. Netflix — Shares of the streaming giant fell 6.8% after Netflix reported a narrow earnings beat for the quarter that ended Dec. 31, posting earnings per share of 56 cents while analysts polled by LSEG estimated 55 cents per share. The company’s revenue of $12.05 billion […]
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U.S. still ‘the closest of allies’ with the UK despite rift, Finance Minister Reeves says
Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.S. remains the “closest of allies” with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Chancellor Rachel Reeves told CNBC […]
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UK inflation rises to 3.4% in December, above forecasts
A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Bloomberg | Bloomberg | Getty Images The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled […]
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