Bankrupt crypto exchange FTX is reportedly suing Binance and its former CEO Changpeng Zhao over alleged fraudulent transfers initiated by Sam Bankman-Fried. …
Report
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Finance
JPMorgan Chase Denies $53,000 Pension Payout, Widow Says Bank Treated Her Like ‘Insignificant Cockroach To Be Stepped On’: Report
by shayaanby shayaanJPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before …
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Regulation
$33,000,000,000,000 ‘Wall of Debt’ Descending on Globe As Governments Face Financial Day of Reckoning: Report
by shayaanby shayaanGovernments around the world are facing a major day of reckoning on trillions of dollars of debt. A so-called “maturity wall” of …
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Analysis
Billionaire Warren Buffett Fumbles $40,000,000,000 After Dumping Apple, Bank of America, Wells Fargo, JPMorgan Chase and Goldman Sachs Early: Report
by shayaanby shayaanBillionaire Warren Buffett has now missed about $40 billion in gains after selling huge quantities of Berkshire Hathaway’s assets early, according to …
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Regulation
Trump Appears Set To Keep Fed Chair Jerome Powell On Until His Term Ends in 2026: Report
by shayaanby shayaanDonald Trump reportedly appears to have no problem with Federal Reserve Chair Jerome Powell serving the remainder of his term until May …
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Markets
CEO of Canadian Crypto Holding Returns Safely After Paying $720K Ransom: Report
by shayaanby shayaanWonderFi CEO was forced into a vehicle but released after a ransom was paid. www.coindesk.com
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Regulation
French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report
by shayaanby shayaanAs Polymarket bettors worldwide rake in their wins following President Donald Trump’s re-election victory over Vice President Kamala Harris, France’s top gambling …
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Mining
Average mining price for BTC now at $59,542, solo miners earn fewer rewards: Report
by shayaanby shayaanBitmain’s cloud mining company BitFuFu revealed the state of Bitcoin mining in late 2024. After a record hashrate and difficulty, most miners …
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Regulation
Circle CEO Jeremy Allaire Says Stablecoins To Become Regulated Financial Infrastructure ‘Everywhere’: Report
by shayaanby shayaanCircle chief executive Jeremy Allaire reportedly thinks stablecoins will become a regulated financial network all over the world. Allaire says in a …
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Regulation
Tether slams WSJ report alleging US probe as ‘irresponsible reporting’
by shayaanby shayaanTether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino’s clarification comes after a Wall Street Journal …