Tag: first
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Federal Reserve Implements First Rate Hike in Over Three Years Amid Persistent Inflation and Geopolitical Instability
Washington D.C. – The Federal Reserve, the central bank of the United States, executed a pivotal quarter-percentage-point increase to its benchmark interest rate on Wednesday, September 16, 2026, marking its inaugural tightening action in over three years. This highly anticipated decision, which saw the federal funds rate climb to a target range of 3.75% to…
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The Federal Reserve Poised for First Interest Rate Hike Since 2023 Amidst Mounting Inflation and Political Scrutiny
Wall Street is bracing for a pivotal moment as the Federal Reserve prepares to implement an action it hasn’t undertaken since 2023: raising interest rates. This move, widely anticipated by financial markets and economists alike, marks a significant shift in monetary policy, signaling the central bank’s intensified commitment to combating persistent inflationary pressures. The Federal…
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Tether Achieves Landmark Financial Milestone with First Full Independent Audit and Unqualified Opinion from KPMG
Tether, the issuer of the world’s most widely used stablecoin, USDT, has announced the completion of its first comprehensive independent financial statement audit, marking a transformative moment for the digital asset industry. The audit, which focused on the financial statements of Tether International, S.A. de C.V. for the fiscal year ending December 31, 2025, was…
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US and UK strike first joint pact to disrupt crypto scam centers
In a decisive move to combat the burgeoning global crisis of digital asset theft and organized cybercrime, law enforcement authorities from the United States and the United Kingdom have formalized a first-of-its-kind joint alliance. This strategic partnership, codified through a comprehensive memorandum of understanding (MOU), is specifically designed to target and disrupt the international scam…
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Tether Achieves Landmark Financial Milestone with First Full Independent Audit and Clean Opinion from KPMG U.S.
In a move that signals a transformative shift for the digital asset industry, Tether, the issuer of the world’s most widely used stablecoin, USDT, has announced the completion of its first full independent financial statement audit. The audit, which covered the fiscal year ending December 31, 2025, was conducted by the prominent accounting firm KPMG…
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Bitcoin Outpaces Ethereum In Transaction Fees For First Time In 3 Years On Spot ETF Excitement
The cryptocurrency market, characterized by its inherent volatility, has witnessed a significant shift in network activity, with Bitcoin notably surpassing Ethereum in daily transaction fees for the first time in approximately three years. This development, occurring amidst heightened anticipation surrounding the potential approval of spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, underscores a…
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President Trump’s Advisers Executed Over 21,000 Securities Trades in First Year, Disclosures Reveal
President Trump’s investment advisers orchestrated a remarkable volume of securities transactions, executing more than 21,000 trades across eight accounts during his initial year back in the White House. This extensive trading activity, detailed in the personal financial disclosure released by the Office of Government Ethics, saw the President’s accounts expand to an estimated value of…
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Bitcoin Outpaces Ethereum In Transaction Fees For First Time In 3 Years On Spot ETF Excitement
The cryptocurrency market, characterized by its inherent volatility, has witnessed a significant shift in network activity, with Bitcoin unexpectedly surpassing Ethereum in daily transaction fees for the first time in approximately three years. This development, occurring against a backdrop of heightened anticipation for a spot Bitcoin Exchange-Traded Fund (ETF), suggests a notable recalibration of investor…
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