Ex-Alameda exec Trabucco gives up yacht, apartments in FTX settlement
Sam Trabucco left Alameda Research months before the FTX collapse and kept his head down — probably on his yacht…
FTX filed for bankruptcy 2 years ago — What’s happening now?
The exchange’s creditors haven’t been made whole despite a judge approving a plan, and sentencing for former executives is nearing…
'Volmageddon' — Bitcoin ETFs, Coinbase, MicroStrategy trading vol hits $38B
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000. …
Chinese microchip company says it’s now accepting Bitcoin as payment
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin…
Crypto market cap hits $3.1T high, could soon surpass France’s GDP
If the crypto market were a country, it would be the eighth largest in GDP terms behind the United States,…
Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.…
China’s state-owned tobacco behemoth is booming, defying global trends and anti-smoking efforts
Powered by "the biggest tobacco company most people have never heard of," China is bucking global smoking trends as cigarette…
Trump’s ‘border czar’ could have more power, fewer hurdles on deportation policy
Tom Homan, President-elect Donald Trump's "border czar," has a post that does not need Senate approval and could have less…
GM’s Wall Street vindication is happening as it outperforms its peers in 2024
GM is proving it's a standout among automakers this year as it continues to consistently outperform Wall Street's earnings expectations…