SEC Charges Toms River Trio in Connection with Alleged $47 Million Fraud Targeting Orthodox Jewish Communities
The Securities and Exchange Commission today charged three Toms River, New Jersey residents for their roles in an affinity investment fraud that raised…
SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.
A new report says that some Anthropic investors expect the company to seek a $2 trillion to $3 trillion valuation, above SpaceX’s $1.7 trillion milestone.…
The average car loan is now $785 a month — and lasts for almost 6 years
Americans borrowed a record $211 billion to pay for their cars last quarter. Source:MarketWatch
Delio CEO sentenced to 15 years in prison on crypto fraud in South Korea
More than a year after being indicted on fraud charges related to his activities at crypto company Delio, Jeong Sangho faces prison time in South Korea.…
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and…
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
The thesis is that high yields on longterm U.S. Treasuries make nonyielding assets like bitcoin less attractive. Source:CoinDesk
Crypto group backs Custodia in Supreme Court battle over Fed access
The Blockchain Association argues the Fed should not have broad discretion to deny eligible statechartered banks direct access to its payment system.…
Robinhood Chain nears $1B TVL as Uniswap drives liquidity: Standard Chartered
Standard Chartered said Robinhood’s Uniswap integration could solve a key challenge for new blockchains while accelerating UNI token burns. Source:Cointelegraph
Trezor warns 14,000 customers after fulfilment partner suffers data breach
The incident marks the first time Trezor customers' shipping addresses were exposed. Source:CoinDesk
Why September is the worst month of the year for the stock market
The introduction of pumpkinspice lattes to menus means the end of summer is approaching, along with positive vibes Source:MarketWatch
Sandisk’s stock is flying higher. Here are the new targets that are exciting Wall Street.
The memorychip company just offered revenuegrowth forecasts stretching to the end of the decade, and Sandisk expects to maintain its high profitability as the…
Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows
AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.…