City Adams Financial News

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US President Joe Biden made a claim that US President- elect Donald Trump is the only US President to have skipped the inauguration of a successor, reported Snopes. This very statement which eventually gained significant traction on social media was actually met with praise from some users while, at the same time, historical records indicate that the assertion of Joe Biden is absolutely ‘inaccurate’.

Forbes has released its latest “30 Under 30” list in Finance, featuring a significant number of leaders from the cryptocurrency and blockchain industries, highlighting their growing influence in the financial sector.

FBI sleuths seized the electronic devices of NYC Mayor Eric Adams earlier this week. This marked a significant development in the criminal investigation, focusing on whether his 2021 campaign engaged in a conspiracy with the Turkish government to funnel money illicitly. The FBI agents approached Mayor Adams after an event in Manhattan on Monday, requesting his security detail to step aside. Pursuant to a court-authorized warrant, they confiscated at least two cellphones and an iPad, which were later returned to the mayor within days. In response to the seizure, a statement from Adams's lawyer, Boyd Johnson, emphasized the mayor's cooperation with federal authorities. Johnson clarified that Adams, despite not being accused of wrongdoing, had proactively reported instances of improper behavior. Eric Adams, a former member of law enforcement, asserted his commitment to upholding the law and full cooperation with any investigation. Adams stated that he has nothing to hide, positioning himself as an advocate for lawful conduct. The federal investigation into Adams's campaign became public on November 2, marked by the FBI's search of the chief fund-raiser's home. The fund-raiser, Brianna Suggs, had her residence raided, leading to the seizure of laptops, iPhones, and a folder labeled «Eric Adams.» The investigation revolves around a potential conspiracy involving campaign finance violations, Turkish government connections, and a Brooklyn-based construction company.

Blue Eye Samurai's debut season, fans are clamoring to know if there will be a second season of the compelling adult animated series. The show follows Mizu, a mixed-race swordmaster on a relentless quest for retribution after her mother's brutal murder.

If the foreign exchange market starts using DeFi protocols instead of the current centralized systems, the cost of remittances could be reduced by “as much as 80%,” according to a Jan. 19 paper jointly published by researchers at Circle and Uniswap.

A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to demand the release of the developer. 

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