Terraform Labs co-founder Do Kwon has received a 15-year federal prison sentence, concluding a case that stemmed from the collapse of the TerraUSD (UST) stablecoin. The collapse wiped out an estimated...
Category: Finance
Live Finance News Updates.
GBP/USD steadies at fresh near-term highs
GBP/USD is holding firmly in bullish territory heading into the tail end of the week, but Cable bidders ran into a technical resistance point at the 1.3400 handle on Thursday. The Federal Reserve (Fed...
Japanese Yen attracts some buyers to near 155.50 on weak US jobs data
The USD/JPY pair attracts some sellers to around 155.60 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Japanese Yen (JPY) amid worse-than-anticipated US employme...
EUR/USD climbs as Dollar weakens on dovish Fed and soft US data
EUR/USD advances during the North American on Thursday up 0.41% after the Fed decided to cut rates, alongside the release of weaker than expected job data in the United States (US). At the time of wri...
Rushi Manche returns with $100M fund after scandalous Movement Labs exit
Rushi Manche has made a return to the crypto industry with his new company, Nyx Group. Manche has pledged $100 million to support blockchain founders. Founders familiar with and trusted by the Nyx Gr...
Terraform Labs’ Do Kwon Sentenced to 15 Years in Prison
Key Highlights Do Kwon, founder of Terraform Labs, was sentenced to 15 years in U.S. federal prison for orchestrating the fraud that led to the $40 billion collapse of the TerraUSD Kwon has previously...
“One-Stop” Electronics Giant Yageo Eyes More Overseas Investment After Japan Stake
THe Yageo Group company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Taiwan-headq...
New Zealand Electronic Card Retail Sales (MoM) rose from previous 0.2% to 1.2% in November
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenb...
New Zealand Electronic Card Retail Sales (YoY) increased to 1.6% in November from previous 0.8%
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenb...
Mumbai Smashers Take The Inaugural India Pickleball League Title
The winning team. (Left to right): Mumbai Smashers’ Matthew Nola, Rishi Reddy, Allison Harris, Quang Duong, Pearl Amalsadiwala, coach Rohan Gajjar and Sindoor Mittal celebrate with the Indian Pi...
U.S. Court Announces 15-Year Prison Sentence for Do Kwon
Crime Do Kwon, once a celebrated figure behind the Terra blockchain, was ordered to spend 15 years in a U.S. federal prison on Wednesday, closing a dramatic chapter in a saga that reshaped the cryptoc...
Fed votes to reappoint all of its regional bank presidents
Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC. Andr...
Why Analysts Recommend GeeFi (GEE) as the Best Way to Recover Losses From Cardano’s (ADA) Investments
Crypto Projects While established cryptocurrencies focus on long-term upgrades, GeeFi is delivering immediate, explosive results with its phenomenal presale. The project’s Phase 1 was a clear display ...
Broadcom posts earnings beat and raises outlook as AI chip demand surges
Broadcom smashed Wall Street’s estimates Thursday with stronger-than-expected fourth-quarter numbers, citing rising demand for AI chips as the main reason. The company said revenue for Q4 hit $18.02 b...
State Street and Galaxy Digital tap Ondo Finance for money market fund RWA push
State Street Investment Management, Galaxy Digital, and Ondo Finance have announced a partnership to launch the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP), a tokenized private liquidity ...
South Korea Import Price Growth (YoY) climbed from previous 0.5% to 2.2% in November
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenb...
South Korea Export Price Growth (YoY) up to 7% in November from previous 4.8%
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenb...
Rivian crashes Nvidia’s stock after announcing custom autonomy AI chip
Rivian told the entire tech and auto industry to step aside on Thursday when it dropped a full in-house autonomy stack; custom-built AI models, its own vehicle computer, and a new self-driving chip. T...
Lululemon CEO Calvin McDonald will depart in January
Calvin McDonald, CEO of lululemon athletica inc., is interviewed by CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 29, 2023. Brendan Mcdermid | Reuters Lululemo...
Fleet Mining Leads the Cloud Mining Industry: Registration Bonuses and Daily Earnings Up to $8,000 Draw Broad Attention
Bitcoin mining has been the mainstay of the cryptocurrency ecosystem. It verifies the network, transforms transactions and issues new BTC to the network. Historically mining involved heavy machineries...
What Is Happening With And To The New York Mets?
OMG is right, but so too is LOL. Brandon Nimmo (holding the sign) is no longer a Met, neither is Edwin Díaz or Pete Alonso. David Stearns has a lot of work to do. (Photo by Justin Berl/Getty Images) G...
Rivian Is Adding Self-Driving Capability To Its EVs, Starting With The R2 SUV
Rivian is expanding hands-free driving for its electric vehicles and adding advanced self-driving capability starting late next year. Rivian Rivian, the electric vehicle maker created and led by RJ Sc...
JPMorgan clears $50M Galaxy Digital deal on Solana using USDC
JPMorgan has completed a $50 million commercial paper issuance for Galaxy Digital Holdings on the Solana blockchain, marking one of the earliest transactions in which a major Wall Street bank has issu...
Trump Administration Uses ‘Franklin The Turtle’ As A Meme Again—Despite Publisher’s Opposition
Topline The Department of Justice depicted Canadian children’s book character Franklin the Turtle as a deportation judge in a faux cover on social media, despite prior criticism from the publisher, as...
Ray Evernham Named To INDYCAR’s Independent Officiating Body
Ray Evernham is a member of the NASCAR Hall of Fame and was one of three members that will take part in INDYCAR’s new independent officiating system that was announced on December 11, 2025. (Pho...
Argentina Consumer Price Index (MoM) rose from previous 2.3% to 2.5% in November
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenb...
Markets ignored Fed, keptt selling the Greenback
What to watch on Friday, December 12 The US Dollar attempted a recovery throughout the first half of Thursday, but resumed its decline following the release of worse-than-anticipated employment data. ...
Gold soars above $4,270 as Fed cut ignites Bullion breakout
Gold (XAU/USD) skyrockets on Thursday after the Federal Reserve (Fed) cut rates as expected on Wednesday, and even though it hinted at a pause in the easing cycle, it was not an excuse for the rally i...
AUD/USD Price Forecast:Overbought signals emerge as pair tests yearly peak
The Australian Dollar (AUD) rebounds sharply against the US Dollar (USD) on Thursday, shrugging off earlier weakness triggered by softer-than-expected Australian employment data as selling pressure on...
XRP Faces Renewed Pressure as Network Activity Collapses
Altcoins XRP is back in the spotlight — but this time for reasons that worry analysts rather than excite investors. After being one of the standout performers following Donald Trump’s election win las...
Chinese AI stars MiniMax and Zhipu plan Hong Kong IPOs, setting up big 2026
MiniMax and Zhipu, two Chinese AI startups, are preparing to go public in early 2026 on the Hong Kong Stock Exchange. MiniMax and Zhipu, two AI startups backed by Alibaba and Tencent, have announced ...
Dow Jones hits record highs on fresh investor risk appetite
The Dow Jones Industrial Average (DJIA) surged to a fresh record on Thursday as investors rotated out of pressured tech names and into stocks tied more closely to economic growth following the Federal...