SEC Charges Meyer Global Management and Its CEO With Defrauding Retail Investors in Private Funds That Held Interests in SpaceX and Other Pre-IPO Securities
The Securities and Exchange Commission today charged private fund adviser Meyer Global Management LLC (MGM) and its CEO, Owen E.H. Meyer, with defrauding…
Brazil’s Petrobras uses Cardano to track sustainable aviation fuel, renewable diesel
Petrobras developed two Cardanobased applications to track sustainability claims tied to aviation fuel and renewable diesel as part of an ongoing research…
Former NFL players are nearly four times as likely to die with brain damage. Is it time to boycott football?
New research says the problem is worse than we thought. Source:MarketWatch
SEC Charges Two Individuals With Orchestrating Fraud Scheme That Targeted Veterans
The Securities and Exchange Commission today announced charges against Christopher Kenji Dinelli and Jacob David “Kobe” Frankel for allegedly orchestrating a…
Wall Street may be sleeping on this networking stock tied to Google and OpenAI
A critical bottleneck in data centers is creating a massive runway for networking stocks like Celestica, according to Bernstein. Source:MarketWatch
Bitget ‘gradually back to usual’ as protection fund reaches $309M
Bitget CEO Gracy Chen said that a protection fund created by the company in 2022 “absorbed the financial impact of the incident“ that resulted in $388 million…
SEC Proposes Amendments to Expand Responsible Retailization of Private Markets
The Securities and Exchange Commission today voted to propose rule amendments that would facilitate capital formation in the public and private markets by…
The 15 worst-performing S&P 500 stocks during a dismal September
The S&P 500 has gained slightly in September, but threequarters of its components have declined. Source:MarketWatch
Crypto Long & Short: What will the AI agents run on?
Source:CoinDesk
Could THORChain face prosecution over stolen Bitget funds?
THORChain will not — or can not — block addresses linked to the $387.5 million Bitget hack. Can the devs be prosecuted for money laundering? It’s complicated,…
Americans get back to their spending ways. Economy might be speeding up again.
Consumer spending snapped back in August after a brief lull, adding to mounting evidence of an acceleration in the U.S. economy despite a series of strains.…
How Amazon’s stock can fight off the AI threat and soar 46%
Some investors worry that AI agents pose a risk to Amazon, but a Rosenblatt analyst thinks the company “can navigate this period of transition largely…