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Financeflux

Liquid Staking Explodes To Become Largest Sub-Sector in Decentralized Finance, According to Binance Report

Liquid staking now has the biggest total value locked (TVL) among decentralized finance (DeFi) sub-sectors following an impressive growth of…

July 21, 2023

U.S. Federal Reserve Officially Launches New Instant Payment Service FedNow

The new instant payment infrastructure of the U.S. Federal Reserve, called FedNow, has officially been launched. Banks and credit unions…

July 21, 2023

Trillion-Dollar Debt Will Fuel Decline of US Dollar As Interest Payments Mount: Ron Paul

Former US congressman Ron Paul says the US dollar is overdue for a major downturn in the face of out…

July 20, 2023

JPMorgan Chase and Seven Wall Street Firms Pay $68,000,000 Over Illegal Price-Fixing Allegations

Eight giants in the legacy financial system have agreed to pay a $68 million settlement after facing nearly a decade…

July 20, 2023

US Deficit Explodes, Surpassing $1,390,000,000,000 As Government Spending Outpaces Revenue: Treasury Department

The US government's spending is now exceeding its revenues by over a trillion dollars just eight months into the current…

July 19, 2023

Rich Dad Poor Dad Author Says Severe Market Crash Incoming, Warns BRICS Will Bring Demise of US Dollar

Rich Dad Poor Dad author Robert Kiyosaki says that the stock market is on its last legs, with the US…

July 18, 2023

Kevin O’Leary Says American Small Businesses Getting Crushed by Surging Rate Hikes and Inflation

Investor and Shark Tank star Kevin O’Leary says that the Biden administration’s economic policies have neglected small businesses as rising…

July 18, 2023

Mark Yusko Predicts Legacy Financial Corporations To Become Crypto Companies As Digital Assets Become Inevitable

Morgan Creek Capital founder Mark Yusko is predicting that traditional finance (TradFi) corporations will eventually transform into digital asset businesses.…

July 18, 2023

US Dollar Will Lose Status As World’s Reserve Currency, Says S&P Global’s Top Economist

An economist at the world's largest credit ratings agency says the US dollar's global reserve currency status is now in…

July 17, 2023

Billion-Dollar Bank Pays $15,000,000 for Decade of ‘Deceptive Practices’ Against Its Customers

A US-based bank is handing over $15 million after being accused of engaging in deceptive practices against its customers for…

July 16, 2023