On Wire

Breaking news, updates, and reports on current events.

The ‘Crypto Bros’ who’ve lost up to $20bn in crash: Coinbase founder Brian Armstrong and the Winklevoss twins face a huge hit to their personal wealth… while Elon Musk’s Tesla bought massive amounts of digital currency

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Billionaire-backers of crypto including Elon Musk and Brian Armstrong set to bear brunt of ‘bloodbath’ Armstrong, the founder of Coinbase, has seen $11billion vanish from his personal wealth  Tesla, which took a $1.5billion gamble on Bitcoin last February, has already seen that investment fall flat  Tyler and Cameron Winklevoss have reportedly lost half of wealth, … Read more

Ransomware attack: Costa Rica declares state of emergency

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Costa Rica has declared a state of emergency after ransomware hackers crippled computer networks across multiple government agencies, including the Finance Ministry. The official declaration, published on a government website Wednesday, said that the attack was “unprecedented in the country” and that it interrupted the country’s tax collection and exposed citizens’ personal information. The hackers … Read more

The Supreme Court taking on Roe v. Wade is suspiciously timed for maximum outrage and midterm voter turnout.

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by BinyaminDelta This isn’t a post about the abortion debate, it’s about the timing. Democrats are facing a BRUTAL midterm election. Everything is shit, gas and inflation are out of control, nobody seems to like Biden. (See his disapproval rating.) The BLM protests of 2020 needed to be replaced by something else. What is THE … Read more

Pelosi Bashes ‘Big Oil’, Pitches Plan To Make Gas Price Increases Illegal…

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https://www.zerohedge.com/political/pelosi-bashes-big-oil-pitches-plan-make-gas-price-increases-illegal During her weekly press conference, House Speaker Nancy Pelosi unveiled the Democrats’ latest plan to slow the surge in gas prices that is top of mind for Americans. Their solution is (drum roll please): price controls! Having begged OPEC to pump more (and quietly asked the dastardly domestic fossil fuel crowd to help out), … Read more

Hillary In Huge Trouble After What Durham Got From Intelligence Agencies

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Last week, Special counsel John Durham achieved two major victories prior to the criminal trial of ex-Clinton campaign attorney Michael Sussmann, though. In addition to ordering a key witness to appear in court, the judge also agreed to review memos that defense attorneys tried to conceal by claiming attorney-client privilege. In a hearing, District Judge … Read more

Inflation gave most Americans a 2.6% wage cut in April… ‘Real food poverty for first time in a generation’

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The tightest labor market in decades is fueling rapid wage growth for millions of Americans, but sky-high inflation is quickly eroding those gains. The Labor Department reported on Wednesday that average hourly earnings for all employees actually declined 2.6% in April from the same month a year ago when factoring in the impact of rising … Read more

The Fed Cannot Fight Inflation

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Peter Schiff with Greg Hunter on USA Watchdog Money manager and economist Peter Schiff says all the talk you are hearing from the Federal Reserve is simply the Fed “pretending to fight inflation.” Schiff explains, “Everything I predicted with inflation breaking out and the way the Fed would react to it has come true. The next thing is the … Read more

Twitter freezing hiring and cutting costs

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  Twitter is pausing most hiring this week as two executives are leaving the company, a spokesperson confirmed on Thursday. The news comes as billionaire Elon Musk seeks to complete his $44 billion deal to buy the company and take it private. Twitter said it will pull back on non-labor costs. Twitter is pausing most … Read more