State California Financial News
06.12 / 12:01
COST
UPS
Waters
California Dairy Farmers Struggle to Stay in the ‘Got Milk’ State
Dairy farmers in California, the nation’s top milk producer, face pressure from rising costs, increasingly complex environmental regulations and a quest for water—challenges all magnified by a historic drought. For some, the challenges are existential.
05.12 / 22:21
COST
Job Gains and Losses From Coal Shutdowns Land in Different Places
The decline of coal in the U.S. is playing out in rural Utah, where a mine is losing two top domestic customers because their power plants are switching to cleaner fuels. One reason: California is taxing and banning carbon-intensive energy sources to slow climate change.
01.12 / 16:21
business
Cybersecurity
security
Funding
blockchain security firm
Blockchain security firm CertiK approaches unicorn status following $80M raise
Global blockchain security firm CertiK has concluded an $80 million investment round backed by some of crypto’s biggest venture funds, putting the company on track to reach the lofty $1 billion valuation mark in the foreseeable future.
01.12 / 00:04
UPS
Fannie Mae, Freddie Mac to Back Home Loans of Nearly $1 Million
WASHINGTON—Starting next year, home buyers in high-cost areas of the country will be able to borrow nearly $1 million for a mortgage loan backed by the government, a reflection of the rapid appreciation in home prices nationally.
30.11 / 21:49
Congress
Lightning Network
Congressional candidate seeking to unseat anti-crypto Brad Sherman is accepting contributions via Lightning
Aarika Rhodes, a Democrat running to represent California's 30th Congressional District in the U.S. House of Representatives, has begun to accept campaign contributions in Bitcoin using the Lightning Network.
30.11 / 20:17
UPS
Fannie Mae, Freddie Mac to Back High-Cost Home Loans of Nearly $1 Million
WASHINGTON—Starting next year, home buyers in high-cost areas of the country will be able to borrow nearly $1 million for a mortgage loan backed by the government, a reflection of the rapid appreciation in home prices nationally.
30.11 / 16:59
business
partnership
Bitcoin
Dollar
Crypto.com and Silvergate enable institutions to buy and sell crypto with USD
Major cryptocurrency exchange Crypto.com continues expanding its crypto on-ramp and off-ramp solutions with a new partnership with the California state-chartered bank Silvergate.
29.11 / 17:19
Blockchain
Digital
Platform
Bitcoin
Bitcoin Latinum Launches World's First Bitcoin Enabled NFT Platform in Partnership with Unico NFT
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
26.11 / 00:05
Adoption
Investing
Lightning Network
network
A Non-Custodial Bitcoin Interest Rate Account? Lightning Network May be the Answer
A long-held view in both crypto markets and traditional financial markets is that in order to earn an interest on one’s assets, custody of those assets must be given up to a third-party. But with bitcoin (BTC)’s Lightning Network (LN), a new model for earning a non-custodial “Lightning Network Reference Rate” (LNRR) has emerged, one author argues.
23.11 / 14:37
business
Blockchain
Twitter
Solana NFT
Support
Twitter, Discord to support Solana NFT gallery ‘embed’ with Audius Web 3.0
California-based music streaming platform Audius released a new function that allows artists and fans to embed nonfungible tokens (NFT) on various blogs and social media platforms such as Twitter and Discord.
20.11 / 01:25
SEC
Those ‘hiding behind anonymity of crypto transactions’ will be accountable, SEC warns
Individuals who hide behind the anonymity of cryptocurrency transactions to defraud investors should expect that the SEC will trace their illegal activity and hold them accountable for their actions
09.11 / 19:53
Lowe's
Target
Southern
Low
USC Pushed a $115,000 Online Degree. Graduates Got Low Salaries, Huge Debts.
Over the past decade, the University of Southern California has used a for-profit company to help enroll thousands of students in its online social-work master’s program.
05.11 / 20:23
Law
copyrights
Artists
Food
Moon
Jack in the Box claims in court FTX US ripped off its character to create 'Moon Man'
Lawyers for major fast food chain Jack in the Box have filed a lawsuit against crypto exchange FTX US for copyright and trademark infringement of its "Jack" mascot.
29.10 / 16:31
UPS
tax cuts
Democrats Consider Tax Cuts for Many High Earners in New York, New Jersey and California
WASHINGTON—High-income coastal professionals look likely to emerge as significant winners from the Democrats’ proposed tax agenda, escaping rate increases and regaining a deduction for state and local taxes that was capped at $10,000 in 2017.
27.10 / 16:49
Stablecoin
Forecast
CBDC
Bitcoin
Weekly
USD 20,000 Weekly Moves in Bitcoin’s Price Likely This Year, Author Says
Volatility in bitcoin (BTC) is not likely to slow down, and weekly price moves of USD 20,000 or more should be expected before the end of the year, one popular author and bitcoin proponent claims.
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