Alexander Mashinsky, founder of Celsius Network, received a permanent trading and registration ban following a CFTC consent order after being convicted of fraud. Regulators alleged Celsius misled customers about the safety and profitability of its platform, which attracted about $20 billion in assets before collapsing. Mashinsky pleaded guilty to commodities and securities fraud and was sentenced to 12 years in prison. This marks a significant regulatory crackdown amid ongoing SEC, FTC, and DOJ actions related to Celsius' collapse and misleading claims to investors.
Ripple is valued at about $50 billion in the private market following a $750 million share buyback, but owning XRP tokens does not grant investors any ownership stake in Ripple. The buyback benefits only Ripple shareholders and employees with company...
Workday is rated a strong buy due to its significant undervaluation and strong AI-driven revenue growth, with AI Annual Recurring Revenue rising 200% year-over-year to $600 million. The company’s competitive advantage stems from its enterprise AI gov...
Darden Restaurants and Starbucks both saw stock price drops recently, but Darden stands out as the better dividend stock. Darden offers a higher dividend yield, fully covered by strong free cash flow, and continues to raise dividends significantly. S...
Ethereum researchers have formally verified a new consensus protocol that separates transaction finality from block production and fork choice. This structural change aims to reduce Ethereum's current 16-minute finality time to under a minute, eventu...
Between September 29 and October 2, seven crypto token unlock events will release approximately $174 million worth of assets into circulation. The largest unlock is DoubleZero's 2Z token on October 2, releasing about 1.66 billion tokens valued at $11...
