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Cryptocurrencies

“German Police Seize $2.1B Worth of Bitcoin in Piracy Sting”

“Police in Germany have provisionally seized 50,000 bitcoin {{BTC}} worth $2.17 billion, calling the action its largest cryptocurrency seizure ever, according to a police statement. The claim is related the operation of a piracy website in 2013 that violated the Copyright… Continue Reading…

Economy

“German recession worries deepen as confidence slumps – latest updates”

“Germany risks staying mired in recession this year after a closely-watched barometer of business activity slumped in June. The decline, led by a “substantial” decline in manufacturing, saw the closely-watched Ifo business climate index slump to 88.5 in June following May’s reading… Continue Reading…

Banking, Business, Stocks

“Deutsche Bank shares slump more than 7% as lender gets ready for major overhaul”

“Deutsche Bank shares slumped more than 7 percent as the German lender announced a mass restructuring program over the weekend. In one of its boldest overhauls, the bank will see 18,000 jobs cut by 2022 and the closure of its global… Continue Reading…