The U.S. Commodity Futures Trading Commission (CFTC) has permanently banned Celsius Network founder Alex Mashinsky from regulated trading and registration following allegations of customer fraud in Celsius's crypto lending business. The CFTC's order concludes its first enforcement case against a digital asset lending platform operator, citing that Mashinsky and Celsius misled customers about safety and profits while engaging in risky, uncollateralized loans and decentralized finance deals. Mashinsky, already serving a 12-year prison sentence for commodities and securities fraud, still faces ongoing SEC civil charges and is challenging his sentence in court. This settlement marks a significant regulatory action in the aftermath of Celsius's 2022 collapse and bankruptcy, which was a major crypto lending failure.
The global automated liquid handling systems market was valued at $2.7 billion in 2025 and is projected to grow to $6.9 billion by 2035, with a compound annual growth rate (CAGR) of 9.8%. This growth is driven by increasing pharmaceutical and biotech...
InnSuites Hospitality Trust posted a net income profit of $74,702 in the first quarter of fiscal 2027, marking a modest improvement from the prior year. The company achieved record hotel revenues of approximately $2.2 million and strong hotel occupan...
JPMorgan reports that mining one bitcoin costs about $78,000, while the current bitcoin price is around $62,500, causing roughly 20% of miners to operate at a loss. This has led publicly traded miners to sell more bitcoin in Q1 2025 to cover costs. T...
Bitcoin traders are increasingly purchasing put options on Deribit that would profit if Bitcoin's price falls to as low as $52,000 in the coming weeks. This surge in bearish bets is driven by a hawkish Federal Reserve, a stronger U.S. dollar, and cha...
Bitcoin's price dropped below $63,000 due to a global sell-off in risk assets, reflecting its high volatility and sensitivity to macroeconomic factors. Prediction markets show a sharp decline in the likelihood of Bitcoin reaching $66,000 by June 20, ...
