Solana Labs is the latest crypto company to be hit with a lawsuit accusing it of promoting an unregistered security. The class action was filed on July 1 by Roche Freedman LLP and Schneider Wallace Cottrell Konecky in the district court for the northern district of California on behalf of plaintiff Mark Young, a state
With impeccable designs and attended-to grounds, it’s hard to imagine what the sites of renowned estates looked like before construction. But at one point, notable estates and exclusive resort properties were just plots of untouched land. As luxury real estate markets across the world continue to struggle to meet a persistent demand, developers are now
Patchogue, N.Y.: A home for sale, under contract, on Center Street in Patchogue, New York on May 17, 2022. Steve Pfost | Newsday | Getty Images In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. During the recent real estate boom,
On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team found “major problems in how the company operated,” and Stone told Celsius his
You may know some aging folks who are staying in their own homes with caregivers helping as they lose independence. By far, most people want to stay in their own homes rather than go to a senior’s community. Maybe you’ve never calculated what that can cost. Medicare does not pay for home care, as it
Chicago officials will welcome the buy-side back for an in-person event Aug. 11 during which its COVID-19 pandemic fiscal recovery efforts will take center stage as the city looks to court investors ahead of billions of planned borrowing this year. The annual conference gives Mayor Lori Lightfoot’s administration an opportunity to update the buy-side on healthier
(Kitco News) Despite gold kicking off the second half of the year with a drop below $1,800 an ounce, Bloomberg Intelligence sees the precious metal moving higher versus broader commodities, which are at risk of a reversal. Crude oil is the commodity facing the biggest reversion risk in the second half of 2022, while gold
Is it premature to make this call? by Keith Weiner of Monetary-Metals Something has happened which has not occurred since 2009. The silver basis—our measure of abundance of the metal to the market—has gone way under the gold basis. This means silver is less abundant to the market than gold. Here is the picture. The
For investors who believe that Bitcoin (BTCUSD) is likely to crash at some point in the future, shorting the currency might be a good option. The number of venues and ways in which you can short Bitcoin has multiplied with the cryptocurrency’s increasing spotlight in mainstream finance. Here are some ways that you can go
Chinese property developers face a $13bn wall of foreign currency bond payments in the second half of this year, as a mounting default tally darkens the market outlook. China’s real estate sector has struggled to come to grips with slowing growth coupled with authorities’ efforts to rein in excess leverage. Waves of defaults have been
Sherry Shang could have pursued a comfortable career in media after graduating from a top university with a masters degree in journalism last June, but instead the 25-year-old headed for a tiny village in Hunan province where she enforces Covid-19 regulations and signs up locals to join the Chinese Communist party. The Tsinghua University graduate
The SEC is heeding a government watchdog’s calls to beef up its oversight of FINRA, but it’s doing so behind closed doors. The Wall Street regulator, which is FINRA’s only supervisory agency, “generally agreed” with recommendations from the Government Accountability Office last December to improve its formal scrutiny of FINRA, which oversees brokers. According to
Rivian (RIVN) investors have badly needed some good news, and they finally got some on Wednesday. The struggling electric truck start-up announced Q2 vehicle production and delivery numbers, and they were better than expected. The company said 4,467 vehicles were delivered in the quarter while 4,401 vehicles were manufactured. Consensus expected deliveries to come in
Part Owner and Executive Chef Steve Kemper, prepares food in the kitchen at the Go Fish! Seafood Restaurant and Sushi Bar in Sinking Spring, Pennsylvania, April 8, 2021. Ben Hasty | MediaNews Group | Reading Eagle via Getty Images June’s employment report is expected to show strong hiring continues across a broad range of industries,
Sharing is Caring! by Michael Can you imagine what it would be like to literally starve to death? Most Americans believe that if a nuclear war with Russia actually happens the vast majority of the U.S. population will be instantly wiped out. But that is not what the science says. What the studies have shown
Crypto companies are going belly up left and right and Bitcoin mining companies also appear to be taking on water faster than they can bail. In mid-June, Compass Mining CEO Whit Gibbs and CFO Jodie Fisher abruptly resigned after allegations that the Bitcoin mining hardware and hosting company had failed to pay hundreds of thousands
Villa Ada, situated above Lake Maggiore, was built in 1866 by the Trubetskoy family. The family descends from Dmitry of Bryansk, who was the son of Algirdas, ruler of medieval Lithuania. Pyotr Trubetskoy, a Russian diplomat, moved to Italy in 1865 on a diplomatic mission. There he met Ada Winans, an American lyric singer. The
Dubai is seeing its hottest real estate market in years, with sales in the sector up 45% year on year in April and 51% in May, according to the Dubai Land Department. DUBAI, United Arab Emirates – The team at Dubai property firm Mira Estate have reason to celebrate. The luxury real estate company just
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92% dominance or $48.17 billion of
Analysis by the Social Security Administration, as reported by Stephen Goss, the chief actuary of the SSA, shows that the increase in Social Security Benefits could increase as much as 8% for 2023. This is based on how the cost of living adjustment (COLA) is calculated for SSA benefits. The index, the “Consumer Price Index
Municipals were steady to firmer in secondary trading Thursday as a large airport revenue bond offering from the City and County of Denver, Colorado, and the Triborough Bridge and Tunnel Authority’s MTA deal took the focus. Municipals continued to ignore the movements of U.S. Treasuries, which saw yields rise for the second day, while equities
Associated Press Germany eases path to permanent residency for migrants Tens of thousands of migrants, who have been living in Germany for years without long-lasting permission to remain in the country, will be eligible for permanent residency after the government approved a new migration bill Wednesday. The new regulation, endorsed by the Cabinet, applies to
The Federal Reserve’s policy not only worsens supply aspects, but also threatens the accumulated wealth from… by Paul Craig Roberts via PaulCraigRoberts.org Normally, recessions are the result of a reduction in liquidity by the Federal Reserve, the central bank, which is signaled by a rise in interest rates. Normally, recessions are short-run affairs of 6 to
The market for fully electric vehicles is growing. The reasons are many, including new regulations on safety and vehicle emissions, technological advances, and shifting customer expectations. But much of the mainstream acceptance and excitement for electric cars can be attributed to Tesla Motors Inc. (TSLA) and its unique business model. Tesla founder and CEO Elon Musk
Merck & Co is in talks to buy the cancer biotechnology company SeaGen for about $40bn, according to two people familiar with the matter. The New Jersey-based pharmaceutical company has offered around $200 per share for SeaGen, one of the people said, a 15 per cent premium on Wednesday’s close. There is no guarantee that
China’s hackles were raised this week as it tried to censor news of the alleged hacking of a Shanghai police database, containing the personal data of more than 1bn of its citizens. Today it was angry about having to defend itself against a joint accusation by the US and UK that it too was guilty
Whenever he’s asked about the genesis of Carefull, founder Todd Rovak said people expect him to tell a story about how a difficult, personal life experience spurred him to create what he touts as “the first fintech exclusively built for financial caregivers and aging adults.” There is truth to that. Rovak, like millions of other
Cryptocurrency investors face the dilemma of selecting between centralized and decentralized platforms when considering custody options. Via centralized exchanges (CEXs), entering the crypto universe is straightforward between compliance measures (including KYC and AML), fiat-to-crypto on-ramps, and intuitive user interfaces. Yet, these features come at a cost – users lose custody of their assets. While users
In this article MRVL SLB GME SPCE BBBY HELE Shoppers wait for a GameStop store to open on at the Tysons Corner Center, in Tysons, Virginia, November 27, 2020. Hannah McKay | Reuters Check out the companies making headlines in midday trading. GameStop — Shares of the video game retailer jumped more than 8% after the
Sharing is Caring! by Chris Black The main takeaway from the Chicago/Highland Park shooting appears to be that the FBI let a communist tranny buy five firearms after being red flagged over threatening to murder his whole family. Oh and by the way, he’s a Soundcloud rapper who made music videos about mass shootings. Oh
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