Coinbase COIN , a dominant force in the crypto exchange world, acquired an equity stake Monday in Circle, the co-founder of the USD Coin USDC/USD . This strategic move, reported by Fortune Monday,is part of a broader plan to reshape the governance and financial dynamics of USDC, leading to the dissolution of the Centre Consortium,
Leading commission-free investing and trading app Robinhood HOOD recently introduced 24/5 trading for select stocks and ETFs. This innovation transcends the limitations of traditional trading hours, granting traders an unparalleled window to global equity markets day and night. Beyond just flexibility, this feature equips traders with the tools to preempt opportunities, adeptly maneuver through market
Flying high — Virgin Galactics president explains how VSS Unity is now flying frequently “I don’t think I’ll run out of people who are willing to fly the spaceship any time soon.” Eric Berger – Aug 29, 2023 11:30 am UTC Enlarge / In February 2019, Virgin Galactic’s SpaceShipTwo reached space for the second time
The banking landscape post-COVID-19 pandemic looks different, with some surveys showing upwards of 90% of consumers prefer managing their money in one place, online. The tech-forward banks are some clear winners in this race, particularly following the financial crises over the last two years. Benzinga chatted with JPMorgan Chase & Co JPM Chief Product Officer
Houses in England. Christopher Furlong | Getty Images News | Getty Images LONDON — The number of houses sold in the U.K. this year is set to reach the lowest annual figure since 2012, real estate company Zoopla found in its latest house price index released on Wednesday. The report shows an estimated 21% decline
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Rhode Island’s regulators have granted X (Twitter) a currency transmitter license marking a step forward for the company’s foray into the financial services sector. The license is legally required for companies conducting financial activities on behalf of users related to sending and receiving money — a definition that includes both fiat and crypto assets. The
Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform. It is understood Tether has instructed clients to send money to Britannia’s bank account over the last few months, according to an Aug. 29 report by Bloomberg, citing
The US Court of Appeals for the Federal Circuit in Washington, D.C., US, on Wednesday, Aug. 9, 2022. Al Drago | Bloomberg | Getty Images Well, now the SEC is in a real pickle. The U.S. Court of Appeals for the D.C. Circuit sided with Grayscale in a lawsuit against the SEC, greatly improving the
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well
Leila Ismailova began her professional career at the age of 15 as a broadcasting star in Belarus, the Russian-neighboring Eastern European country that plays home to 9.3 million citizens. She continued in the role for 10 years, she says, before reaching what she felt was a “professional ceiling” and beginning a journey that led to
Bond parties in the Puerto Rico Electric Power Authority bankruptcy are appealing a ruling that has barred a receiver from being appointed in the case. Syncora Guarantee and GoldenTree Asset Management Monday filed an appeal notice of a ruling of U.S. District Judge Laura Taylor Swain that rejected their request for a removal of a
Municipals were firmer in spots Tuesday, underperforming a U.S. Treasury rally. Equities ended in the black. Over the last month or so there’s been some volatility in the muni market driven by the Treasury side, said Daryl Clements, municipal portfolio manager at AllianceBernstein. USTs, which continue to be affected by Fed and related market expectations,
It’s a painful reality: The cost of homes is putting homeownership beyond the reach of a growing share of Americans. A new bill called The Neighborhood Homes Investment Act (NHIA) strives to address this problem, encouraging affordable home building and spurring renewal of distressed neighborhoods through the creation of a new tax credit. By supporting
No, not the USS Enterprise — The new spreadsheet? OpenAI introduces ChatGPT Enterprise for businesses Unlimited GPT-4, encryption, 32K context, and more. Will it become an essential tool? Benj Edwards – Aug 28, 2023 8:27 pm UTC EnlargeGetty Images reader comments 75 with On Monday, OpenAI introduced ChatGPT Enterprise, an AI assistant aimed at businesses
Semi-classified — US spy satellite agency isnt so silent about new Silent Barker mission This will be the first launch for ULA’s Atlas V rocket in nearly 10 months. Stephen Clark – Aug 29, 2023 12:31 am UTC Enlarge / United Launch Alliance’s Atlas V rocket rolls to its launch pad in Florida before the
In a major move, RaribleRARI/USD , a prominent decentralized NFT platform, has announced its decision to cease aggregating orders from other NFT marketplaces, including OpenSea and LooksRare. This strategic shift is in line with Rarible's renewed focus on fully embracing the royalty system for its artists and creators.Why the Change? Rarible's decision stems from its
Pricy Tablets — Apple plans biggest iPad Pro update since 2018 The device is slated for an early to mid-2024 launch. Samuel Axon – Aug 28, 2023 7:48 pm UTC Enlarge / The 2022 iPad Pro with Magic Keyboard.Kevin Purdy reader comments 101 with Apple’s iPad Pro is set to get its biggest redesign since
Maika Isogawa is the founder and CEO of Webacy,a crypto security company that helps users protect their digital assets, particularly with self-custody and cold storage solutions. Isogawa also acts as the public face of the companyby contributing articles and podcasts on its site. Combined with the countless exploits that occurred earlier this year (notably Atomic