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Beer company Molson Coors announces 400 job cuts amid restructuring

Molson Coors Beverage Company announced Monday that it plans to eliminate about 400 jobs by the end of the year, as part of a sweeping corporate restructuring plan. The cuts – which represent roughly 9% of the company’s salaried workforce in the Americas – come as alcohol companies across the…

Lubian Mining Pool Moves .83B Bitcoin Again – Massive Dump Coming?

Wallets linked to the Chinese mining pool LuBian transferred 15,959 BTC, worth approximately $1.83 billion, to four different addresses on Wednesday, marking the second major movement in less than two weeks from the entity connected to the largest confirmed Bitcoin theft. OnChainLens tracked the distribution, identifying 4,999 BTC worth $539.76…

Japanese Giant Makes Announcement About XRP Acquisition

Japan-based gaming company GUMI announced that it has joined Evernorth’s XRP-focused treasury initiative, led by SBI Holdings and Ripple Labs, as part of a public company private equity investment (PIPE). According to the company’s statement, the majority of the $5 million investment will be used to purchase XRP from the…

Do 7% interest savings accounts exist anymore?

At present, there are very few banks offering 7% APY on savings accounts. If you’re looking for maximum returns from a bank, the best high-yield savings accounts typically offer around 3% to 4% APY — which is still fairly high by historical standards. Why aren’t 7% interest bank accounts typically…

Why the Ethereum Foundation Just Moved 0 Million in Treasury Funds

The Ethereum Foundation moved more than 160,000 ETH—valued at approximately $610 million as of this writing—to another wallet on Tuesday, prompting speculation over the reasons and destination for the bulk of the Foundation’s treasury. On Wednesday, the Safe Foundation and the Ethereum Foundation announced that the funds had been moved…