Paul Grewal reiterated the need for a serious upgrade in the US crypto rules. He highlighted that the country should embrace new regulations to withhold its leading position in crypto. Grewal discusse...
Tag: testifies
Bitcoin holds firm on strong economic data, while Powell testifies to House discussing CBDC
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Markets Watch Powell For Signs As Fed Chair Testifies Before Congress
Topline In a semiannual report to Congress beginning Tuesday at 10 a.m., Federal Reserve Chair Jerome Powell will offer a glimpse into how officials are thinking about the economy as they continue the...
Fed Chair Testifies At U.S. Hearing, Says “Can Speed Up Rate Hikes If Needed”
Federal Reserve Chair Jerome Powell attended Capitol Hill today for the first day of his semiannual testimony on monetary policy. Addressing a panel of Congressional senate lawmakers, he assured that ...
Trump White House Pressed Twitter To Remove Chrissy Teigen Insult, Ex-Exec Testifies
Topline A former Twitter employee-turned-whisteblower told the House Oversight Committee on Wednesday the Trump White House urged it remove a 2019 Tweet by celebrity Chrissy Teigen insulting then-Pres...
FTX CEO testifies on ‘pure hell’ post-bankruptcy days at exchange
John Ray, who took over as CEO of crypto exchange FTX, has described some of the chaotic experiences at the firm following the company declaring bankruptcy. In testimony for FTX’s case in the United S...
Musk Testifies Saudi-Backed Offer To Take Tesla Private At $420 Per Share Was No Joke
Topline Tesla CEO Elon Musk believed he’d earned the backing of Saudi Arabia’s Public Investment Fund in 2018 when he tweeted funding to take the electric vehicle maker private was “secured,” the bill...
FTX CEO John J. Ray III Testifies as Committee Grills for Answers
The CEO of FTX, John J. Ray III, testifies to the US House Committee on Financial Services. He claims $1 billion worth of assets are secured. After the collapse of FTX, Tuesday was another day filled...
FTX Managed Critical Accounting Via Slack, New CEO Testifies
Now-bankrupt FTX may have experienced financial trouble for years before the public became aware, the exchange’s new CEO testified Tuesday. John Ray, who took over to handle the exchange’s restr...
Elon Musk testifies in shareholder lawsuit over Tesla compensation package
WILMINGTON, Del. (AP) — Tesla TSLA, -2.01% CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s ...
Alex Jones Testifies In Sandy Hook Defamation Case
Topline Alex Jones attempted to defend himself in the face of tough questioning from prosecutors as he testified Thursday in the defamation case over his claims that the 2012 Sandy Hook shooting was a...
Charles Hoskinson Testifies to Congress on Digital Asset Regulation
Charles Hoskinson – CEO of Input Output Global (IOK) and founder of Cardano – testified to the U.S. House Subcommittee on Commodity Exchanges, Energy and Credit on Thursday. He provided congress with ...
Stock Market Reverses Higher As Powell Testifies; This Growth Index Plunges 3.6%
Stock market indexes reversed higher after opening lower Wednesday, as Fed Chairman Jerome Powell made a report on monetary policy to Congress. Oil stocks continued to slide, however. X The Nasdaq com...
Uvalde Classroom Door Wasn’t Locked—And Police Didn’t Try To Open It Without A Key, Texas Law Enforcement Official Testifies
Topline Texas Department of Public Safety Director Steven McCraw issued a scathing assessment Tuesday of local law enforcement’s response to the elementary school shooting in Uvalde, Texas, that kille...
FTX CEO Testifies Before House Agricultural Committee on Futures Market
FTX CEO Sam Bankman-Fried testified before the House Agricultural Committee on Friday following a proposal to regulate futures markets with automated tools. Amidst skepticism, FTX CEO Sam Bankman-Frie...
Donald Trump Jr. Testifies For Hours Before January 6 Committee
Topline Donald Trump Jr. voluntarily met with January 6 committee investigators for hours on Tuesday, according to multiple reports, becoming the second of former President Donald Trump’s adult ...
Amber Heard ‘Felt Nothing’ For Elon Musk, Psychologist Testifies During Defamation Trial
Topline A psychologist who evaluated Amber Heard testified in Johnny Depp’s defamation lawsuit against the actress Wednesday that Heard said she “felt nothing” during her relationship with Elon Musk, ...
Musk Likely Paid Portion Of Amber Heard’s Pledged ACLU Donations, Exec Testifies
Topline An executive for the American Civil Liberties Union testified Thursday in Amber Heard and Johnny Depp’s defamation trial that he believes Tesla CEO Elon Musk, who dated Heard, paid a portion o...
FAA Official Testifies Former Boeing Pilot Lied About 737 MAX
FORT WORTH, Texas—A Federal Aviation Administration training specialist said a former Boeing Co. BA -3.59% pilot lied to her about how a 737 MAX flight-control system worked before two of the jets cra...
Free-Agent Pitcher Matt Harvey Testifies In Federal Drug Trial, A Long Way From His “Dark Knight” Days
Matt Harvey pitching for the Baltimore Orioles in spring training, 2021. Getty Images The 23-year-old pitcher stood in a Far Rockaway, Queens doorway, the devastation of Hurricane Sandy still visible ...