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Bitcoin mining firm Sphere 3D is suing Gryphon Digital Mining, its business partner, for losing about $500,000 worth of Bitcoin due to a spoofing attack. The firm accused Gryphon CEO Rob Chang of sending 18 Bitcoin to a fraudster who pretended to be Sphere 3D’s CFO in January. A few days later, another eight Bitcoin were transferred using the same method, according to a Saturday press release.Furthermore, Sphere 3D alleged that Gryphon provided poor services to its partner and misrepresented the Bitcoin miner’s computing power in public disclosures.“Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and…
As the economy slows, are employers starting to regain the upper hand in negotiations with employees and job seekers? Pay is always an issue, of course, but in the wake of the pandemic, so too is how much time employers want people to work on site versus how much they are willing to let employees work remotely. Recent data from the Bureau of Labor Statistics found that only 27.5% of private-sector businesses reported that their employees worked from home or another remote location some or all of the time between August 1, 2022 and September 30, 2022. In other words,…
In a challenging market, investors should look to “well-known, great American companies with beaten down stocks,” CNBC’s Jim Cramer said Wednesday.There are three companies that Cramer thinks have compelling stories and strength, even if their stock prices don’t necessarily reflect that: Johnson & Johnson, Eli Lilly, and Procter & Gamble.At Johnson & Johnson, a bruising yearslong battle with lawsuits linked to the company’s talc powder battered the stock, Cramer said.An attempted bankruptcy maneuver was struck down by an appeals court, Cramer continued, leaving his Charitable Trust’s play exposed. But J&J’s recently announced settlement with many of the claimants leaves the…
Asia-Pacific markets largely fell on Thursday as Wall Street digested the latest ADP private payrolls report, which showed slowing job growth in March.India’s central bank held its benchmark interest rate, or its policy repurchase rate, at 6.50%, defying expectations for the Reserve Bank of India to hike 25 basis points. The Indian rupee weakened 0.15% shortly after the announcement.The Nifty 50 gained 0.26% – an outlier as benchmark indexes across the region continued to see declines.South Korea’s Kospi led losses in the region as it closed 1.44% down at 2,459.23, and the Kosdaq dropped 0.78% to finish at 865.58. Japan’s Nikkei…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Borrowers with good credit seeking personal loans during the past seven days prequalified for rates that were lower for 3-year loans and higher for 5-year loans compared to the previous seven days. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender between…
The White House will propose a rule intended to lower credit card late fees to approximately $8. The Consumer Financial Protection Bureau (CFPB) will propose the rule at President Biden’s fourth Competition Council meeting.BIDEN CLOSES REMARKS ON ‘JUNK’ FEES: ‘I APPRECIATE THE FRUSTRATION OF THE AMERICAN PEOPLE’ “Over a decade ago, Congress banned excessive credit card late fees, but companies have exploited a regulatory loophole that has allowed them to escape scrutiny for charging an otherwise illegal junk fee,” CFPB Director Rohit Chopra said in a press release. “Today’s proposed rule seeks to save families billions of dollars and ensure…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Rates for well-qualified borrowers using the Credible marketplace to refinance student loans rose this week for 10-year fixed-rate loans and fell for 5-year variable-rate loans. For borrowers with credit scores of 720 or higher who used the Credible marketplace to select a lender during the week of Feb. 27, 2023:Rates on…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Based on data compiled by Credible, mortgage rates for home purchases are mixed today, with two key rates falling, one rising, and one holding steady since yesterday. Rates last updated on March 24, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance…
The client approached my desk, clearly unhappy. Her new granite countertops didn’t look as handsome in her kitchen as she had expected. She thought maybe the fabricator had installed the wrong slab. I sent our project manager to the job site, paperwork in hand, to check. He confirmed that she did get the Santa Cecilia – very popular in 2005 – she’d chosen. The problem was her lighting, which was making the heavily patterned gold and brown stone look downright ugly. If tunable lighting had been available back then, her problem could have been solved with simple user-operated color controls.…
