The SEC charged former executives of Tricolor Holdings for a scheme involving double pledging hundreds of millions in subprime auto loans to multiple securities offerings, raising over $1.9 billion while misleading investors about the company's financial health. The complaint alleges false claims that loans were free of liens and manipulation of loan data to hide defaults. At bankruptcy in 2025, nearly $945 million remained owed to investors. The case includes demands for penalties, disgorgement, and bans on the executives, highlighting risks in private credit markets.
President Trump has sold his shares in Micron Technology and used the proceeds to invest in another large-cap company focused on artificial intelligence. This move highlights a shift in his investment strategy towards the growing AI sector, which is ...
Tesla's stock has shown significant volatility around earnings reports, moving 8% or more after 10 of its last 15 earnings announcements. This pattern highlights the market's strong reaction to Tesla's financial results, making its stock particularly...
Cysic suspended its cross-chain bridge after an unauthorized minting of 10 million CYS tokens on the BNB Smart Chain on October 17, 2026. The incident was limited to the bridge's minting process, with the mainnet and other systems unaffected. About 2...
On October 17, Cysic's cross-chain bridge was attacked, resulting in the unauthorized creation of 10 million CYS tokens on the BNB Chain. Attackers exploited a database flaw to submit fake minting messages. The bridge was immediately paused, and 2.8 ...
XRP was trading at $1.2963, down 1.02% in 24 hours and 7.17% over the past week. Futures open interest stood at $2.76 billion, indicating significant trader activity, with futures volume vastly exceeding spot volume. Market contracts suggest a 50% ch...
