Bitcoin exchange-traded funds (ETFs) have witnessed a remarkable week, with net inflows topping $2.2 billion from February 12 to February 16, marking the highest among all 3,400 ETFs in the…
JPMorgan Chase & Co has agreed to shell out around $350 million in civil penalties to settle issues with regulators over its reporting of trading data. The financial giant disclosed…
Elon Musk is gearing up for a legal showdown, seeking a U.S. District Court’s intervention to review a magistrate judge’s directive that compels him to testify in the Securities and…
OpenAI, the AI powerhouse behind innovations like ChatGPT, has recently completed a significant deal, catapulting its valuation to $80 billion, according to the New York Times. This development, backed by…
Celsius, the cryptocurrency lending platform that declared bankruptcy in 2022, has made significant progress in paying back its creditors, according to a recent court filing by its legal team, Kirkland…
Sullivan and Cromwell (S&C), the prestigious law firm handling the bankruptcy of the fallen crypto exchange FTX, is now in the legal crosshairs itself. A new class action lawsuit accuses…
StoneX Group Inc. (NASDAQ: SNEX) has disclosed the pricing details for its upcoming offering of $550 million in aggregate principal amount of 7.875% Senior Secured Notes due 2031. This private…
Meta Platforms has just rolled out a new policy that will see businesses shelling out an additional 30% service charge for boosting their posts on Facebook and Instagram, but only…
Donald Trump’s media company, behind the social media app Truth Social, is gearing up for a stock market listing through a merger with a special purpose acquisition company (SPAC), Digital…
In a significant twist to the ongoing scrutiny around Burisma Holdings and the Bidens, a former FBI informant, Alexander Smirnov, faces charges for falsely implicating President Joe Biden and his…
Elon Musk is pushing back against a U.S. magistrate judge’s decision that’s in favor of the Securities and Exchange Commission (SEC), which wants him back for more testimony regarding his…
The Commodity Futures Trading Commission (CFTC) just scored a win against Erik J. Hass and his outfit, Simply Gains, Inc. They’ve been in hot water since June 9, 2020, when…
The Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam has announced Brian Young as the new director of the CFTC’s Whistleblower Office. Young transitions to the CFTC from the Department…
Bitcoin’s price edges over $53,000 at some exchanges, hinting at a pre-halving market surge. Bitfinex’s Jag Kooner sees this uptick as the start of a trend typically seen before Bitcoin…
Coinbase just dropped some impressive fourth-quarter numbers, boasting a revenue of $953.8 million—up a whopping 41% from the last quarter, blowing past analyst forecasts. This figure not only zoomed past…
Sony has revised its full-year sales forecast for the PlayStation 5, lowering the expected unit sales from 25 million to 21 million, citing weaker-than-anticipated sales during the year-end shopping season….
Andrej Karpathy, a notable figure in the artificial intelligence community and one of the original members of OpenAI, has announced his departure from the organization. In a message shared on…
In a close race on Wall Street, Nvidia is on the brink of surpassing Alphabet to become the third most valuable company, as it ended Tuesday with a market capitalization…
Elon Musk’s SpaceX was fined $3,600 by U.S. worker safety officials this month following an accident at its Washington state facility, which resulted in a “near amputation” event, as per…