Hong Kong Launches Its First Inverse Bitcoin ETF Product
Jul25

Hong Kong Launches Its First Inverse Bitcoin ETF Product

CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already available, further establishing the city as an international crypto market. CSOP Asset […] Powered by...

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Majority of Americans Believe US in Recession, Survey Shows
Jul25

Majority of Americans Believe US in Recession, Survey Shows

New research by Affirm reveals three in five Americans believe the U.S. is in a recession, though it’s not officially declared. A survey of 2,000 people shows inflation and rising living costs (68%) as the main reasons for this belief, followed by complaints from friends and family (50%), reduced spending by peers (36%), and difficulties […] Powered by...

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Five Men Behind Huge Pirate Streaming Site Want Their Convictions Overturned
Jul25

Five Men Behind Huge Pirate Streaming Site Want Their Convictions Overturned

After dragging on for years due to the complexity of the case, which was further complicated by a global pandemic, last month a Las Vegas jury convicted five men behind pirate streaming service Jetflicks. Kristopher Dallmann, Douglas Courson, Felipe Garcia, Jared Jaurequi, and Peter Huber, generated millions of dollars in revenue through Jetflicks, a subscription platform that reportedly offered more content than Netflix, Hulu, Vudu,...

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