BlockFi files for bankruptcy as the crypto lender succumbs to the contagion of the FTX collapse

BlockFi co-founder and SVP of operations Flori Marquez opened up about what’s next for the company and the crypto industry at Empire Startups Fintech Conference on Tuesday. Chukrut Budrul/ SOPA Images/ LightRocket/ Getty Images Cryptocurrency lender BlockFi filed for Chapter 11 bankruptcy protection on Monday. Earlier this year, BlockFi received a $400 million credit line…

The Amex Platinum card offers up to $100 per year in Saks Fifth Avenue credits, and you can stack other discounts to save more on your purchases

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page. Amex Platinum cardholders get up to $50 in Saks Fifth Avenue credits…

The woman behind TikTok’s popular text-to-speech voice has made peace with people using her voice to say bad things: ‘In my mind, I understand that that’s not me’

NurPhoto/Getty Images A radio show host in Canada confirmed last month she’s behind TikTok’s popular Jessie voice. Kat Callaghan said she’s made peace with people using the text-to-speech voice to say bad things. She told The Verge she can separate herself from the voice because she understands it’s not her. The woman behind TikTok’s famous…

Consumers turn to BNPL to alleviate financial pressures over the holidays

The data: Twenty percent of US respondents plan to use buy now, pay later (BNPL) this holiday season, per a survey by the Electronic Transactions Association (ETA) and The Strawhecker Group (TSG). Why it matters: Tougher economic challenges this year that may affect consumers’ holiday shopping—making flexible payment methods like BNPL more appealing. Read the original article on Business Insider…

Taylor Swift’s iconic Cornelia Street apartment is on the market for $45,000 a month. Here’s a look inside.

Taylor Swift mentions the West Village apartment in a song from her album “Lover.” Jamie McCarthy/Getty Images for MTV; Al Siedman/VHT for The Corcoran Group A West Village apartment once rented by Taylor Swift is on the market for $45,000 a month. “Cornelia Street,” the ninth track on Swift’s album “Lover,” references the three-story townhouse….

Investing in crypto is ‘dangerous’ and bitcoin could plummet to $10,000, billionaire investor Mark Mobius says

Jonathan Wong/South China Morning Post via Getty Images Crypto is “too dangerous” to invest in right now, billionaire investor Mark Mobius said over the weekend.  Mobius predicted bitcoin will plunge to $10,000, though he believes the industry will survive the fall of FTX. “Crypto is here to stay as there are several investors who still…

Over 60% of people who shop online are ‘bracketing’ their online purchases — and it’s creating a logistical nightmare for retailers

Noam Galai/Getty Images “Bracketing” is the practice of buying the same item online in multiple sizes or colors. It’s increased with the rise of e-commerce: 63% of shoppers reported bracketing in a 2022 survey. It creates logistical and financial headaches for retailers, along with environmental side effects. Imagine for a second that you’re shopping online…

Elon Musk slams Tesla founder Martin Eberhard in response to a tweet about the company’s origin: he ‘could have risked his money, but was unwilling to do so’

Martin Eberhard and Elon Musk Chris Weeks/WireImage via Getty Elon Musk defended his role in Tesla’s early history in a Twitter thread on Sunday. The Tesla CEO took a dig at the electric-car maker’s cofounder Martin Eberhard. Eberhard once sued Musk, alleging libel for claiming to be a Tesla founder. Elon Musk defended his role…

China doubles down on its ‘zero COVID’ rules while protests in major cities grow

There have been protests in every major city — including Beijing, the Chinese capital. NOEL CELIS/AFP via Getty Images Chinese citizens across the country are protesting the government’s “zero COVID” policy.  Experts said that walking back some policies could quell protests but won’t be enough to stop them. One expert said the protests are “tricky”…

Chinese stocks will struggle against persistent economic and market headwinds, and any recovery will be sluggish despite policy support from the government, UBS says

People queue for Covid-19 tests in Shanghai, China. Wang Gang/VCG via Getty Images. A positive inflection point for China’s markets and the economy “is still some way off,” despite Beijing’s economic stimulus efforts, said UBS.  China’s central bank recently freed up about $70 billion in liquidity.  Rising COVID infections are a drag on the world’s…