The U.S. Commodity Futures Trading Commission (CFTC) has permanently banned Alex Mashinsky, founder and former CEO of Celsius, from trading and registration in U.S. commodity markets. This follows a consent order resolving the CFTC's lawsuit accusing Mashinsky and Celsius of misleading customers about the safety and profitability of their crypto lending platform. Mashinsky admitted to violating anti-fraud regulations and faces lifetime restrictions, including a ban on trading commodity interests and soliciting funds. The case stems from Celsius's collapse after it exposed customer funds to risky investments, with Mashinsky also sentenced to 12 years in prison for related criminal charges.
The Saba Opportunistic Hedged Closed-End Funds ETF (CEFS) increased its distribution rate to 12% and changed its payout schedule from monthly to quarterly. The fund's new policy focuses on higher distributions rather than net asset value (NAV) growth...
France has recorded 90 cases of crypto-related kidnappings, extortion, and violent theft in the first eight months of 2026, with police making 223 arrests. This surge is linked to major data breaches in 2024 and 2026 that exposed personal and crypto-...
The Counterpoint Quantitative Equity ETF (CPAI) has been upgraded to a Buy due to its AI-informed investment strategy, which is expected to outperform the IVV benchmark through 2027. CPAI's portfolio shows strengths in earnings resilience, growth-at-...
USD Coin (USDC) circulation decreased by about $800 million in the week ending October 8, with redemptions outpacing new issuance. Circle issued $9.7 billion in USDC but redeemed $10.5 billion, bringing total circulation to around $73 billion. The re...
Bitcoin (BTC) briefly rose above the key price level of $83,000 on the Binance spot market, reaching $83,008 at 11:38 p.m. ET on October 10. However, despite this surge, the price slightly dipped to $82,914 just 15 minutes earlier and was down 0.09% ...
