Cryptos Rebound
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The Night That Sotheby’s Was Crypto-Punked
The auction that was supposed to be an art world coming-out party for NFTs instead exposed the instability at the heart of the crypto world.The New York Times - Business -
New EY Report Forecasts 2024 Deals Rebound
Despite stubborn interest rates, mergers and acquisitions could rebound dramatically from the drop off that characterized last year.Inc. - Business -
How Spirit AeroSystems fits into Boeing's rebound plan
Boeing is in talks to buy back Spirit AeroSystems, one of the biggest aerostructure companies in the world.CNBC - Business -
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‘Free Scottie!’: Scheffler rebounds to post a spectacular closing round at PGA Championship
Scottie Scheffler bounced back with a stellar 6-under round to close out his very weird PGA Championship.Yahoo Sports - Sports -
Consumer confidence still below pre-pandemic levels despite economic rebound
Public mood in advanced countries remains low as cost of living crisis keeps households under pressureFinancial Times - Business -
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Head of crypto asset manager Grayscale steps down
New York investment firm turns to a former Goldman executive to replace Michael Sonnenshein as chief executiveFinancial Times - Business - Crypto -
MIT-educated brothers accused of stealing $25M in crypto in 12 seconds
The 12-second execution of the alleged theft took months to plan, federal prosecutors said.CBS News - Politics -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the "Seinfeld" character George Costanza.CNBC - Business - New York -
Crypto Lender Genesis Global Gets Wind-Down Plan Approved
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing.The Wall Street Journal - World - Crypto -
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Crypto Venture Firm New Form Aims to Raise $100 Million Fund
Crypto and blockchain-focused venture firm New Form Capital is returning to the fundraising market, seeking to raise a $100 million fund in the latest sign investors remain bullish on the once-beleaguered crypto sector.The Wall Street Journal - World - Crypto -
Crypto Startups Pull $2.4 Billion in Venture Funding in First Quarter of 2024
Data from Pitchbook shows a 40 percent jump in investments in crypto startups from the last three months of 2023.Inc. - Business -
New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to make defrauded investors whole again.CNBC - Business - New York -
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Coinbase adds former Rep. Kendrick Meek as House tees up crypto vote
Former Rep. Kendrick Meek (D-Fla.) is joining Coinbase’s global advisory council, the cryptocurrency trading giant first told The Hill. Meek’s addition to the council comes ahead of the House vote on the Financial Innovation and Technology for the ...The Hill - Politics - Crypto -
Grayscale CEO Michael Sonnenshein stepped down after a decadelong career helping to build the company into the world's largest crypto asset manager.
Grayscale CEO Michael Sonnenshein stepped down after a decadelong career helping to build the company into the world’s largest crypto asset manager.The Wall Street Journal - World