SEC enforcement actions fall 24%, crypto cases in spotlight
The SEC filed 348 actions in fiscal 2026, down from 456 a year earlier. Cases included alleged Bitcoin mining fraud and an FTX audit settlement.…
Initia confirms second exploit in 3 weeks, $3.27M stolen in latest attack
Initia said an attacker exploited compromised cloud credentials to move $3.27 million in crypto assets, with about $2.16 million remaining frozen on its halted…
Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.…
Meet the former prosecutor Nvidia hired to investigate the Jensen Huang spy scandal
Joon Kim just joined the Wachtell Lipton law firm last month and now will lead an independent investigation into whether Nvidia’s CEO was the target of a China…
Across Protocol warns users to avoid app amid reports of drained wallets
The protocol is investigating a potential security incident affecting its domain, while several users have reported losing funds after interacting with the…
Retirees should be big beneficiaries of the midterms: ‘Democrats will hold every gavel that matters for aging and public policy’
Here’s what might be coming for Social Security, Medicare and longterm care. Source:MarketWatch
Ignore the wild swings in chip stocks until they reach these ‘lines in the sand’
Investors shouldn’t pay much attention to how the SOX chipsector index trades until it reaches key technical battleground areas above and below current levels.…
Kimber Digital Securities gains broker-dealer status for tokenized assets
The Plume affiliate plans to offer tokenized US stocks, ETFs and bonds through selfcustodial wallets, with traditional shareholder rights preserved.…
SEC Announces Enforcement Annual Results for Fiscal Year 2026
The Securities and Exchange Commission today provided its enforcement results for the past fiscal year which ended September 30. Throughout the fiscal year,…
Plume affiliate lands broker-dealer license to bring real U.S. assets onchain
Kimber Digital Securities secured SEC and Finra approvals, a regulatory milestone paving the way for the delivery of legally binding claims, dividends, and…
Elon Musk was half-right in his comment last week about SoftBank back-pedaling on a gas-turbine order
Elon Musk in a socialmedia post last week said that SoftBank “defaulted” on a gasturbine order. The truth, revealed Tuesday in the Japanese’s investment…
Anthropic reportedly retracts IPO terms sent to banks by mistake, exposing jitters over AI investments
Anthropic reportedly late Monday sent a copy of a securities filing to bankers for an IPO raising up to $69.3 billion before saying that was in error.…