Sam Bankman-Fried has asked the U.S. Supreme Court to throw out his fraud conviction and cancel the $11 billion a court ordered him to forfeit, the last stage of his direct appeal. The former crypto…
Business
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The European Central Bank raised its deposit rate to 2.50% on Thursday, but the more important move for currency traders came after the decision, when President Christine Lagarde refused to validate a specific path for…
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U.S. Bank has completed a live pilot transaction using USBDC, its proprietary U.S. dollar-backed stablecoin, moving a cross-border payment between its entities in North America and Europe. The transaction ran on the Stellar blockchain, and…
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Samsung Electronics has led a €3 billion funding round into French AI company Mistral, but the more consequential part of the deal for markets is where the capital is going: compute infrastructure and data centres…
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Securitize and Socios.com have agreed to develop regulated tokenized equity offerings representing minority interests in professional sports teams. The announcement describes a framework for future offerings, not a completed issuance: no team, valuation, token price,…
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A change in Washington could alter which credit score your mortgage lender pulls — and how much that score costs. Federal Housing Finance Agency Director Bill Pulte instructed Fannie Mae and Freddie Mac on Thursday…
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Nasdaq Verafin and Alloy are building two-way integrations that will move fraud signals from customer onboarding into investigation workflows and return resolved case outcomes to Alloy’s predictive model. The initial connection will let mutual customers…
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The August jobs report released today by the Bureau of Labor Statistics showed the US economy adding jobs at its fastest pace in five months, a result that reversed the July report almost point for…
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SpaceX (NASDAQ: SPCX) jumped about 7.6% on Thursday to trade near $151, its highest level since July, after Oppenheimer raised its price target on the stock and analysts leaned further into the company’s artificial-intelligence story.…
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XRP is trading around $1.33, down about 1.7% on Wednesday and 7.6% on the week, though still up roughly 22% over the past month after a late-August spike toward $1.70 faded, according to onchain data…