Super Micro Computer, Inc. (NASDAQ: SMCI), a major player in IT solutions for AI, cloud, storage, and 5G/Edge, has announced its intention to offer $1.5 billion in convertible senior notes…
Nvidia Corp. has reported stellar results for its latest quarter, surpassing market expectations as its revenue more than tripled from the previous year. The company’s revenue for the fiscal fourth…
Proprietary trading firm Instant Funding has joined a growing list of retail platforms in halting the onboarding of new US clients. This decision comes in response to a recent move…
Starknet’s native token, STRK, experienced a significant drop in value, losing 55% of its worth within 24 hours of being listed for trading on Tuesday. The trading volume exceeded $1.2…
Circle, the issuer of major stablecoin USD Coin (USDC), announced on Wednesday that it will no longer support USDC on the Tron blockchain. The discontinuation of support will be phased…
Audacy, Inc. (OTC: AUDA), a prominent player in the radio broadcasting and podcasting industry, has announced a significant development in its restructuring process. The United States Bankruptcy Court for the…
The Securities and Exchange Commission (SEC) has initiated administrative proceedings against Andrew M. Komarow for his involvement in a securities trading scheme. Komarow, a resident of Avon, Connecticut, was a…
The Securities and Exchange Commission (SEC) has initiated cease-and-desist proceedings against Christian Fernandez, also known as Christian Crockwell, for his involvement in a scheme to deceive investors. The scheme involved…
The turbulence in the prop trading industry continues as Blue Guardian joins the ranks of firms restricting new account registrations for US clients. The restriction, effective immediately, applies to both…
After facing disruptions and losing access to MetaQuotes’ popular trading platforms, Funding Pips, a prop trading firm, announced a successful migration of user accounts and transaction history to a competing…
Capital One Financial Corp. has sealed a $35 billion all-stock agreement to acquire Discover Financial Services, paving the way for the formation of the largest credit card company in the…
Hirotake Yano, the visionary behind Japan’s beloved 100-yen shop chain Daiso, comparable to the dollar store in the United States, passed away at the age of 80. Yano succumbed to…
Accenture, traded as ACN on NYSE, is set to acquire GemSeek, a major player in customer experience analytics. GemSeek helps global businesses understand customer behavior through insights, analytics, and AI…
Alpha Capital Group has announced an immediate suspension of purchases for its US-based clients, joining a growing list of proprietary trading firms adjusting to the evolving market landscape. The decision,…
Microsoft is set to significantly enhance its artificial intelligence (AI) and cloud infrastructure in Spain with a hefty $2.1 billion investment over the next two years. This announcement was made…
Crypto Fund Trader, a specialized prop trading firm focusing on cryptocurrency-forex pairs, has announced significant changes in its service offerings for US-based clients on the MetaTrader 5 (MT5) platform. In…
In a significant international crackdown, the Lockbit ransomware gang has been disrupted by a coalition of law enforcement agencies including Britain’s National Crime Agency (NCA), the U.S. Federal Bureau of…
In a notable pivot following MetaQuotes’ sudden suspension of its services for prop trading firms with active US accounts, retail prop trading firm Funding Pips plans to integrate several alternative…
MetaQuotes, the developer behind the widely-used MT4 and MT5 trading platforms, has escalated its regulatory oversight, leading to significant repercussions for proprietary trading firms and brokers, particularly those servicing US…
FixedFloat, a cryptocurrency exchange known for its non-custodial service, has reportedly fallen victim to a significant exploit, resulting in the loss of approximately $26.1 million in bitcoin and ether. On-chain…