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Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng Zhao unless a freezing order is in put place, federal regulators said in a filing Tuesday night, after the crypto regulator was charged by the Securities and Exchange Commission.Lawyers from…
It’s been nearly a decade since Apple revealed its last major product, the Apple Watch.Now, the company has a completely different kind of wearable, the mixed-reality headset called the Vision Pro, which the company revealed at its annual Worldwide Developers Conference on Monday.I got to take one for a test…
Martha Stewart has waded into the hotly contested remote work debate. In an interview with the magazine Footwear News, the author, TV personality and entrepreneur slammed hybrid work culture, saying that people cannot “possibly get everything done working three days a week in the office and two days remotely.” Stewart’s…
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The Japanese banking giant Mitsubishi UFJ says it will launch a cross-chain stablecoin issuance and interoperability platform next year.In an official Mitsubishi UFJ announcement, the firm stated that it would work with a Tokyo-based company named Datachain to “build cross-chain infrastructure for stablecoins.”Mitsubishi UFJ began piloting the project back in…
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Dear readers/followers, Consumer discretionary companies are fickle in a volatile macro, such as the one we have right now. My investment in Polaris (NYSE:PII) has performed alright, but still less than the overall market. Not entirely unexpected, and not something I view as a problem given my timeframe when I…
Morgan Stanley rainmaker Rob Kindler is leaving to join elite law firm Paul, Weiss, Rifkind, Wharton & Garrison after 17 years with the Wall Street investment bank where he advised on some of the largest-ever corporate takeovers. Paul Weiss said Kindler was joining as a partner and would chair its mergers…
A federal appeals court wrestled in oral arguments on Tuesday with a Biden administration request that it pause a judge’s ruling that would wipe away an Obamacare mandate requiring certain preventive care services – including statins and some cancer screenings – to be provided at no cost. The ruling, from…
Apple Inc. executives avoided using the term “metaverse” when introducing their new headset Monday, but the Vision Pro device could still provide a boost to Meta Platforms Inc. Chief Executive Mark Zuckerberg’s push into augmented realities. The announcement of the Vision Pro high-tech goggles during the keynote address at Apple’s…