The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng “CZ” Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors. The Bitcoin
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A prosecutor investigating Terraform Labs CEO Do Kwon for alleged passport forgery in Montenegro has indicated that he will not be extradited soon. The law enforcement official told South Korean media that Montenegrin authorities intend to indict Kwon within a month, ruling out the possibility of him being handed over to other countries within the
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Micron Technology headquarters in Boise, Idaho, March 28, 2021. Jeremy Erickson | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. PagSeguro — Shares popped 5.3% after Citi upgraded the Brazilian payment stock to buy from neutral. The firm called
The U.S. Supreme Court declined Puerto Rico Gov. Pedro Pierluisi’s petition for certiorari on an appeals court decision that supported the Puerto Rico Oversight Board’s ability to reject local laws based on their fiscal impact. At issue in the case were four laws the local government passed in 2019 and 2020, but the larger concern
Municipals were steady to firmer in spots Tuesday, while U.S. Treasuries were weaker and equities ended down. The two-year muni-UST ratio was at 59%, the three-year at 60%, the five-year at 61%, the 10-year at 64% and the 30-year at 89%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the two-year
Scotland’s finance secretary Kate Forbes is to leave the country’s devolved government after being offered a more junior role by incoming first minister Humza Yousaf. Yousaf narrowly defeated Forbes in a bitter Scottish National party leadership election that ended on Monday and her departure from the government risks deepening divisions exposed during the contest. The
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international
Municipalities looking to tap into federal infrastructure funding need existing matching funds while also reckoning with the administration’s emphasis on equity, and this latter point emerged as a clear priority from the Department of Transportation officials during presentations at the National League of Cities’ Congressional City Conference Monday in Washington, D.C. “Something that’s near and
Tax-exempt advance refunding is back on the table, as a standalone bill titled the Investing in Our Communities Act has just been introduced in the House. The bill, introduced by Rep. David Kustoff, R-Tenn. and House Municipal Finance Caucus leader Dutch Ruppersberger, D-Md., would restore the provision eliminated in 2017 by President Trump’s Tax Cuts
A project to build out Vermont’s broadband infrastructure is facing several hurdles to its completion that could affect costs and schedules, according to a report by the state auditor’s office. Vermont State Auditor Doug Hoffer said in a recently published investigative report that “one of the largest infrastructure projects in state history” to improve broadband
A house is available for rent on March 15, 2022 in Los Angeles, California. Mario Tama | Getty Images Apartment rents have increased slightly for the past few months, as the seasonally stronger spring activity kicks in. But in March they were only up 2.6% from March of 2022. That’s the smallest annual gain since
press release PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of cryptocurrency, there has been a surge
With the rise of Ordinals on Bitcoin (BTC) sparking debate over how users should store their NFTs and blockchain gaming projects searching for cheaper, secure ways to store data, it’s time to revisit the discussion surrounding decentralized storage coins. Decentralized storage protocols Filecoin (FIL) and Arweave (AR) show similar price action, leaving investors with a
A bill to direct state investments away from financial services providers determined to be “discriminating” against the fossil fuel, firearm, or ammunition industries won final passage Monday in the Arkansas Legislature after concerns abated over the impact it could have on state retirement funds. The measure, which now heads to Republican Gov. Sarah Huckabee Sanders,
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO
A top Republican has accused US regulators of being “asleep at the wheel” in the period leading up to the implosion of Silicon Valley Bank, in the first of two bruising congressional hearings intended to shed light on the failings that led to the lender’s collapse. Tim Scott, the top member of the party on
The Illinois Finance Authority, in its role as the state’s climate bank, is ramping up efforts to establish new financing options for green initiatives with a slate of federal funding applications in the works aimed at moving the state toward clean energy, climate, and equity goals. The 2021 Climate and Equitable Jobs Act package, negotiated
The writer is the Lowy Distinguished Fellow at the Council on Foreign Relations, former US ambassador to Israel and author of ‘Master of the Game’ For the time being, the crisis in Israel is over. Prime Minister Benjamin Netanyahu has paused his government’s effort to curb the independence of the Supreme Court, just when it
So, who, or what, is to blame? Why, 15 years after the start of the last financial crisis, might we be seeing that of another? For many, it is the fault of a long period of ultra-low interest rates imposed by central banks. For others, the cult of the bailout is at fault. We do
Cointelegraph has released Episode 8 of its Crypto Trading Secrets podcast, featuring an interview with trader, investor, podcaster and YouTuber Chris Dunn, who touts experience in mainstream markets as well as about 10 years of activity in the crypto space. The trader and investor answered questions asked by host Benjamin Pirus during the episode’s March
An Irish dairy farmer has found an unusual way to make use of the excess energy produced on his farm — by turning to Bitcoin (BTC) mining. Tom Campbell, who runs a farm in County Armagh, Northern Ireland, produces renewable energy using a method called anaerobic digestion. This involves breaking down biodegradable material to a