Funds
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Cryptocurrency
CZ denies holding firms received $12B of Binance.US user funds
Binance CEO Changpeng Zhao June 8 refuted the SEC’s allegations, denying the fact that one of his holding companies received…
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Cryptocurrency
SEC alleges Binance sent Paxos nearly $20B in commingled funds via Merit Peak in 2021
The U.S. Securities and Exchange Commission (SEC) has reportedly claimed that Binance transferred nearly $20 billion of mixed funds to…
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Business
India Funds New Trains Ahead of Safety Improvements, Analysts Say
In a country whose major industries and political fortunes alike are often tied to a sprawling and interwoven rail system,…
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Cryptocurrency
The average Federal Funds Rate from 1955 to 2023 is 4.62%
quick take The average federal funds rate from January 1, 1955 to May 17, 2023 is 4.62%. We are now…
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Business
Rural Georgia Factory, Flush With Federal Funds, Votes to Unionize
Workers at a rural Georgia factory that makes electric school buses with generous federal subsidies voted to form a union…
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Cryptocurrency
Grayscale establishes funds trust, files for three new crypto funds
Grayscale Investments announced May 9th It announced that it has formed a new entity called Grayscale Funds Trust and has…
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Cryptocurrency
Voyager intends to start returning customer funds in coming weeks
Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s Board of Unsecured Creditors…
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Cryptocurrency
CertiK freezes $160k from stolen Merlin DEX funds
Blockchain security firm CertiK says it has successfully frozen $1.8 million to $160,000 stolen by rogue developers of Merlin DEX.…
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Cryptocurrency
SafeMoon hacker agrees to return 80% of stolen funds
SafeMoon hackers have agreed to return 80% of the funds stolen in last month’s liquidity hack. @SafeMoonSpidey. SafeMoon lost $9…
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