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FTX sues Binance and former CEO Zhao for $1.8 billion received as part of a ‘fraudulent’ share deal

The estate of defunct crypto exchange FTX filed a suit against Binance and its former CEO ChangPeng Zhao seeking to recoup almost $1.8 billion FTX alleges was “fraudulently” transferred to Binance and executives by Sam Bankman-Fried as part of a share deal. I…

2024-11-11 20:47:33

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Dow Jones Futures: Nvidia Earnings Double But Stock Falls. This AI Chip Play Signals Breakout.

Revenue guidance was only slightly above consensus.

2024-11-21 12:07:46

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Trump picks Howard Lutnick for commerce secretary job

President-elect Donald Trump on Tuesday announced that he has picked Cantor Fitzgerald CEO Howard Lutnick as his secretary of the Department of Commerce.

2024-11-19 22:57:01

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Bitcoin Lobbyist Says Multiple US States Eyeing BTC Reserves In 2025

Following the election of Donald Trump as the 47th President of the United States, the establishment of a “Strategic Bitcoin Reserve” has emerged as a pivotal topic. The proposal, prominently advocated during Trump’s campaign, aims to position the United Stat…

2024-11-09 09:30:02

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The future of X

Trump's ascendancy is reviving the platform's coffers, whether or not a merger is on the cards

2024-11-24 06:41:00

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Defusing The Debt Bomb: Looming Crisis Of Confidence?

Handling the impending fiscal crisis will be the first test for Trump. It could also mark the beginning of a broader economic transformation.

2024-11-17 02:26:10

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