By Tom Hals WILMINGTON, Delaware (Reuters) -The U.S. Virgin Islands has subpoenaed Tesla Inc CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co of helping enable sexual abuses...
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G7 Unites to Embrace Global Crypto Regulations and IMF Guidelines
G-7 unites to embrace upcoming crypto asset regulations set by the FSB. G-7 reaffirms support for IMF’s guidelines on central bank digital currencies. Finance ministers and central bank governors di...
Financial firms, lawmakers join crypto industry opposing SEC rule change
It’s not just the usual cast of crypto companies complaining about a proposed overhaul to custody rules from the SEC. Republican lawmakers and traditional finance companies aren’t happy either, and th...
Bitcoin Funds Take a Hit As Investor Confidence Wanes
Money is being pulled out of big crypto funds as investor sentiment seemingly shifts and the digital asset market as a whole dips. Last week, investors withdrew over $54 million from large digital as...
Berkshire Hathaway Opens New Position in Capital One, Exits Taiwan Semiconductor, BNY Mellon
Berkshire Hathaway’s 13F is out. Warren Buffett’s company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon.com and Celanese in the ...
Binance Struggles, Tough Days for Industry Ahead
Binance faces fierce competition, and rough times are on the way for the crypto industry. Do Kwon may soon be freed, but the SEC may have found another victim within the industry, namely mining. Meanw...
Launch of Financial Blockchain back by Big Firms like Microsoft
The enabled privacy Canton Network opens up new efficiency and innovation by making previously isolated financial systems interconnected and linked in previously impractical ways. The Canton Network B...
Ordinals, BRC-20 Tokens, and Miners Offloading BTC: Why is Bitcoin Down
Bitcoin recovered slightly over the weekend, but still remains suppressed at a relative seasonal low of $27,360. What’s behind the latest slump?According to crypto market analysis firm CryptoQuant, th...
Magellan Midstream Holders Face Big Tax Hit From Oneok Deal
Text size Magellan Midstream Partners primarily transports, stores, and distributes petroleum products. Dreamstime Magellan Midstream Partners investors are getting a nice takeover premium in the pipe...
Litecoin Halving To Depict Bold Stance As Prepares For a Bull Chart!
After every 840,000 blocks, every four years, the reward for mining Litecoin is halved. Since its inception in 2011, the blockchain has seen two halving events. On August 2, 2023, at block 2,520,000, ...
Western Digital Stock Spikes on Report It Nears Flash Memory Merger With Kioxia
Text size Most of Western Digital’s flash-memory chips are produced by the company’s joint venture with Japan-based Kioxia. Dreamstime Western Digital stock was trading sharply higher Monday after a r...
SEC Relieves LBRY of $44M Burden, Seeks Only $111K Penalty
The Securities and Exchange Commission (SEC) on Friday asked a court to reduce a $22 million penalty levied against LBRY, recognizing that the decentralized publishing platform may not be able to affo...
ONEOK Buys Magellan for $18.8 Billion to Add Oil, Refined Products
Key Takeaways Natural gas pipeline firm ONEOK bought Magellan Midstream Partners, L.P. for $18.8 billion. The deal values Magellan stock at $67.50, a 21.8% premium over Friday’s closing price. O...
G7 Offers Muted Support for CBDCs
Officials of the world’s largest advanced economies have recognized the potential benefits of central bank digital currencies (CBDCs). But they cannot quell the voices warning about the dangers to pri...
Michael Burry of ‘The Big Short’ gambles on regional bank stocks
Michael Burry, who famously shorted subprime mortgages during the 2008 financial crisis, is making a big new bet on regional banks. His hedge fund Scion Asset Management loaded up on $23.4 million wor...
Why Billionaire Paul Tudor Jones Now Believes Bitcoin Has Become Less Attractive ⋆ ZyCrypto
Advertisement     Billionaire hedge fund manager Paul Tudor-Jones — who previously touted bitcoin’s allure as an inflationary hedge — now thinks the benchmark cryptocu...
Musk Subpoenaed As Case Embroils Another Billionaire
Topline Tesla CEO Elon Musk has been subpoenaed to turn over documents in the U.S. Virgin Islands’ lawsuit against JPMorgan Chase over the banking giant’s former relationship with convicted sex offend...
Amid ‘Regulatory Apparatus’ Against Crypto, Paul Tudor Jones Maintains Bitcoin Allocation – Bitcoin News
In a recent interview, the renowned investor Paul Tudor Jones expressed his perspective on bitcoin, acknowledging that there might be regulatory challenges ahead. However, Jones emphasized his unwaver...
Warren Buffett’s top 5 dividend paying stocks that will help him make nearly $6 billion in cash this year
For investors, it pays to own lots of different types of stocks depending on the environment, but Warren Buffett holds a special place in his portfolio for the ones that regularly pay him. More from F...
HitBTC site cloned, $15m in crypto stolen by scammers
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A scammer stole around $15 million worth of cryptocurrencies after cloning the user interface of HitBTC, a popular Hong...
ONON Stock Has Sprinted 94% In 2023. Analysts See Huge Earnings Growth For On Holding.
On Holding (ONON), the company behind the popular On running shoe brand reports Q1 results early Tuesday. ONON stock sprinted 95% higher this year and has set the pace for the footwear industry’...
Chainlink Automation Goes Live on Optimism: Enhancing DeFi Capabilities
Chainlink Automation goes live on the Optimism network, bolstering DeFi capabilities. The collaboration aims to provide secure and reliable data transfers for DeFi applications. Optimism’s Layer 2 sol...
Icahn Has Faced Many Probes But Hindenburg Claims Stand Apart
(Bloomberg) — Icahn Enterprise LP’s disclosure of a May 3 inquiry from federal prosecutors in New York sent the company’s shares reeling, but it’s far from the first time Carl Icahn has faced a ...
‘Blights Wrath’ Is a Tough RPG Like ‘Dark Souls’—Built on XRP
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Equilibrium Games is the indie game developer and publisher behind Blights Wrath, a PC action role-playing game (RPG) inspired by belove...
‘A sign of trouble?’ Why more Americans are missing their debt payments.
The share of folks falling behind on credit card and personal loan payments is increasing, several reports found, especially among the riskiest of borrowers. The “delinquency transition rateR...
Twitter Transformation: Cryptocurrency and Future Prospects
In the dynamic world of social media, the winds of change are blowing once again, this time from an unexpected direction. Twitter, the troubled microblogging platform, is on the cusp of a transformati...
Seeking at Least 11% Dividend Yield? Here Are 2 Top ETFs to Consider
You’ve probably heard the old market adage to “Sell in May and go away.” Instead, how about using this time to start considering dividend-paying ETFs? There’s no time like the present to start buildin...
BNB traders have reason to rejoice as this DEX development comes to light
BNB witnesses a surge in DEX volumes, however, TVL continues to decline Sentiment around BNB falls despite the rise of activity on the social front According to recent data, DEX volumes on the BNB cha...
UPDATE 1-Musk tells Tesla staff he must approve all hiring
(Add details from report, background) May 15 (Reuters) – Tesla Chief Executive Elon Musk has said that the company can make no new hires unless he personally approves them, including contractors...
Zimbabwe Defies IMF Directive to Sell Millions of Gold-Backed Crypto Assets; Terms It a Success ⋆ ZyCrypto
Advertisement     The southern African country is battling hyperinflation and a depreciating local currency. RBZ Gold-backed Digital token would be used for payments a...
Michael Burry Loaded Up on Bank Stocks in Tumultuous Quarter
(Bloomberg) — Famed short-seller Michael Burry loaded up on regional banks during the first quarter, including First Republic before it was bought by JPMorgan Chase & Co. Most Read from Bloo...
Minneapolis Fed president Kashkari weighs in on CBDC: ‘Handwaving word salad’
President of the Minneapolis Federal Reserve Bank Neel Kashkari participated in a fireside chat at the Minnesota Transportation Conference & Expo on May 15. While he spoke mostly about topics unre...