In brief TD Cowen lowered its price target for Strategy by 35%, citing Bitcoin’s lingering weakness. The investment bank expressed a positive …
Ongoing
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Markets
U.S. sanctions Iranian crypto exchanges in ongoing war against the country
by shayaanby shayaanOFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and …
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Analysis
Fundstrat’s Tom Lee Touts 7,700 S&P 500 Target by Year-End Despite Ongoing Geopolitical Turmoil – Here’s Why
by shayaanby shayaanMarket strategist Tom Lee is holding onto his stock market forecast despite recent market turbulence associated with the war in Iran. Lee …
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Smart Contracts
Anthropic Won’t Lift AI Safeguards Amid Ongoing Pentagon Dispute: CEO
by shayaanby shayaanIn short Dario Amodei says Anthropic will not lift the ban on mass domestic surveillance and fully autonomous weapons. The Pentagon has …
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Markets
Elliptic flags Russia-linked crypto platforms’ ongoing sanctions evasion
by shayaanby shayaanBitpapa, Garantex and ABCeX were among the cryptocurrency exchanges linked to Russian-tied transactions circumventing Western evasions. www.coindesk.com
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A federal judge in Tennessee has granted a preliminary injunction preventing state officials from enforcing gambling laws against prediction market platform Kalshi, …
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Regulation
JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report
by shayaanby shayaanJPMorgan Chase has now paid more than $40 billion in total fines and settlements to regulators, enforcement agencies and lawsuits related to …
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Regulation
Shaquille O’Neal Settles Lawsuit Over Astrals NFTs in $11 Million Proposal Amid Ongoing Legal Scrutiny
by shayaanby shayaanShaquille O’Neal, the legendary basketball player, faces a significant legal setback with the proposed $11 million settlement over NFT securities claims. This …