Feed Items
Galaxy Digital chief executive Mike Novogratz believes the market cap of Bitcoin (BTC) and crypto will eventually catch up to the valuation of one soaring asset.
In a new CNBC interview, the billionaire says that crypto’s correction earlier this year is largely due to an overexuberant investor sentiment along with the launch of speculative assets, including the Official Trump (TRUMP) memecoin....
US financial giant Capital One will hand $425 million to customers in a massive class action settlement.
Account holders accused the bank of purposefully blocking them from accessing higher interest rates in their savings accounts.
Specifically, the bank is accused of misleading clients by not telling them about higher-yielding 360 Performance Savings accounts.
This allegedly prevented customers...
The man who hacked an X account associated with the U.S. Securities and Exchange Commission (SEC) last year has been sentenced to 14 months behind bars for manipulating the value of Bitcoin (BTC).
In a new press release, the United States Attorney’s Office for the District of Columbia says that Eric Council Jr. – a 26-year-old man from Alabama – has been sentenced to over a year in prison for his...
Moody’s has joined the two other major rating agencies in determining that the US is no longer fit to hold a AAA credit score.
On Friday, Moody’s downgraded America’s credit rating from AAA to AA1 while changing the country’s outlook from negative to stable.
Moody’s attributes the downgrade to the United States’ soaring national debt and interest payment ratios that exceed those of other...
China sold off billions of dollars worth of US Treasuries between February and March, according to new government data.
An update from the Treasury Department shows China’s US Treasury holdings dropped $18.9 billion in one month, while most other countries increased their holdings.
The data also shows that the UK has overtaken China and is now the second-biggest foreign holder of USTs in the...
Meta executives are reportedly acknowledging a serious new problem with scams affecting its social media platforms.
A spokesperson for Meta, the parent company of social media behemoths Instagram and Facebook, tells the Wall Street Journal that the corporate giant is dealing with “an epidemic of scams” that has been growing exponentially in recent years, both in scale and sophistication.
“As...
The thieves responsible for the recent security breach of US-based crypto exchange Coinbase have reportedly obtained the personal information of a managing partner at Sequoia Capital, the $56.3 billion venture capital giant.
In a report submitted to the U.S. Securities and Exchange Commission (SEC) on May 14th, the digital asset exchange says that hackers bribed its customer service...
Fundstrat’s head of research Tom Lee believes that US equities are in a much better position now compared to the period before Trump ignited a trade war.
In a new interview on CNBC Television, Lee says heightened optimism for 2026 and US companies thriving during hard times are signs suggesting the stock market looks more favorable than it did before Donald Trump sparked a trade war with numerous...
Shares of a Chinese investment holding company have been volatile since the firm rolled out an $800 million Bitcoin (BTC) and crypto investment plan earlier this week.
On Thursday, the Shenzhen-based Addentax Group Corp. announced plans to issue shares of its common stock to buy 8,000 BTC and acquire undefined amounts of other crypto assets, including President Donald Trump’s official memecoin (...
The U.S. Department of Justice (DOJ) is charging a dozen new defendants under the RICO Act for allegedly taking part in a multimillion-dollar crypto theft.
In a new press release, the DOJ says that it is charging an additional 12 defendants for allegedly participating in a crypto racketeering conspiracy that netted $263 million, bringing the total number of those accused to 14.
While the...