Bitcoins Surge Stirs Crypto Vc
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Arkansas takes on crypto miners
The Hill's weekly technology news digest. {beacon} Advertisement Friday, May 3, 2024 Presented by: Presented by: Welcome to Tech Friday, a new joint project of The Hill and Pluribus News covering tech policy across government. Sign up to receive ...The Hill - Politics - Crypto -
Pete Sonsini, Early Investor in Databricks, Gets Closer to Launching New VC Firm
Sonsini teams up with Databricks co-founder Andy Konwinski and serial entrepreneur Andrew Krioukov to create Laude, which is seeking $75 million for its first fund.The Wall Street Journal - World -
SEC Prepares to Sue Robinhood Over Crypto Unit
The agency could seek an order that would prevent the popular brokerage firm from trading certain crypto assets.The Wall Street Journal - World - Crypto -
The SEC Is Playing Target Practice With Crypto Businesses
Gensler's agency will likely sue Robinhood, which has already jumped through plenty of compliance hoops.Inc. - Business -
SECs Gensler slams media for ‘outsized’ focus on crypto
U.S. Securities and Exchange Commission Chair Gary Gensler denied allegations that he is overly focused on the crypto industry in a Tuesday interview, arguing that it’s the financial press that has become overly focused on the issue relative to ...MarketWatch - Business - Crypto -
Robinhood Crypto Warned of Coming SEC Action
The cryptocurrency trading platform receives a Wells noticeas part of a broader regulatory crackdown.Inc. - Business - Crypto -
Ethereum’s Cofounder Says SEC Is ‘Gaslighting’ Everyone About Crypto
Joe Lubin cofounded Ethereum. Now his company is suing the Securities and Exchange Commission, and he says the future of the internet is at stake.Wired - Tech - Crypto -
Robinhood receives SEC notice for alleged securities violations at crypto unit
Robinhood Markets Inc. has received a notice from the Securities and Exchange Commission about alleged securities violations at its crypto divisionABC News - Top stories -
Robinhood warns of SEC lawsuit threat over crypto business
Retail brokerage says ‘Wells notice’ comes after years of attempts to seek regulatory clarityFinancial Times - Business - Crypto -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
The criminal judgment of bitcoin billionaires Changpeng Zhao and Sam Bankman-Fried was completed this week, the final chapter in starkly different crypto sagas.CNBC - Business -
Robinhood says SEC could pursue enforcement actions over its crypto operations
Robinhood had disclosed in February that it received subpoenas from the SEC related to its crypto business.CNBC - Business -
SEC’s crypto ‘carpet-bombing campaign’ draws flak after Robinhood’s Wells notice
Some crypto industry observers hope the SEC may soon be overwhelmed by the number of cases it is currently litigating in the crypto space.MarketWatch - Business - Crypto -
Robinhood said the SEC warned it of a possible lawsuit against the brokerage's crypto unit over alleged violations of securities laws.
Robinhood said the SEC warned it of a possible lawsuit against the brokerage’s crypto unit over alleged violations of securities laws.The Wall Street Journal - World -
Robinhood’s SEC battle asks if crypto is a security. The answer could change how we trade.
The way crypto is traded may be a factor in the debate over whether the digital asset is a security.MarketWatch - Business -
How Older Daters are Coping With the Surge in S.T.I.s
Older daters are not getting adequate screening and protection from S.T.I.s. Here’s how to be a safer sexually active senior.The New York Times - Top stories -
Southern border sees surge of global migrants
Many people who are migrating at the southern border are not just coming from Central America, but also from Asia and Africa. NBC News’ David Noriega spoke with some who traveled around the world to seek asylum in the U.S.NBC News - Top stories -
Why a Surge in Chinese Construction in Bhutan Is Threatening India
New satellite images reveal a rapid expansion in Chinese settlements inside neighboring Bhutan. WSJ examines how China’s land grab in the tiny Himalayan state challenges Beijing’s regional rival, India.The Wall Street Journal - World - India -
Biden Condemns a ‘Ferocious Surge’ of Antisemitism in the United States
President Biden’s speech at a Holocaust remembrance ceremony came during weeks of protests on U.S. college campuses against Israel’s war in Gaza.The New York Times - Top stories - Joe Biden -
Biden warns against ‘surge of antisemitism’ at Holocaust event
US president reasserts ‘ironclad’ commitment to Israel as pro-Palestine protests roil US campuses. Joe Biden warned against a “ferocious surge of antisemitism in America” at a Holocaust event Tuesday, as student protests against Israel’s military ...The Guardian - World - Joe Biden -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
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Kendrick Lamar and Drake drop dueling takedowns as diss tracks surge with a vengeance
Diss tracks in hip hop are getting a lot of hype in 2024. Big names like Kendrick Lamar, Drake, and Megan Thee Stallion are igniting an online frenzy with their lyrical jabs.NBC News - Top stories -
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Antisemitism surging worldwide since Oct. 7 attack: Report
Antisemitism surged worldwide in 2023, especially in the wake of the Oct. 7 attack on Israel, according to a new report. The new report by the Anti-Defamation League (ADL) and Tel Aviv University found that there was an increase in antisemitic ...The Hill - Politics -
UBS shares surge as bank returns to profit following takeover of Credit Suisse
UBS shares surged 8% on Tuesday as the bank outstripped analysts’ expectationsMarketWatch - Business -
French cognac makers surge as Macron hints at cooling of China trade dispute
Shares of French cognac makers rallied on Tuesday after France's Macron indicated that trade tensions between the EU and China about cognac imports may ease.CNBC - Business - China -
Deal surge shows how Japan is up down under
A new wave of heavy investment in Australia deepens partnershipFinancial Times - Business - Japan -
Alec Bohm, Brandon Marsh lead surging Phillies to 4-3 win over Giants
Alec Bohm extended his hitting streak to 16 games with an RBI single, Brandon Marsh drove in two runs and the surging Philadelphia Phillies defeated the San Francisco Giants 4-3ABC News - Sports - MLB -
AI could drive a natural gas boom as power companies face surging electricity demand
Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.CNBC - Business