Thursday, December 26, 2024
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Corporate Bankruptcies Will Top 2008 as Distressed Debt Soars Over Half a Trillion

Nearly 100 major corporations have filed for bankruptcy. More companies are under significant financial pressure as debt soars to over $500 billion. Expect more bankruptcies in the coming months as the U.S. economy struggles to reopen. Nearly 100 major corporations have filed for bankruptcy this year. That’s happening even amid the multi-trillion-dollar government

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Coinbase, Kraken Suffer Temporary Outages as Bitcoin Soars as High as $8,900

Coinbase experienced a brief outage Wednesday as the price of Bitcoin rallied to just below $9,000. According to Coinbase’s status page, the exchange’s website, mobile app, and API website experienced major outages. Several Twitter users also noted the connectivity issues with screenshots of the Coinbase website and mobile app. Kraken reported some

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