19 год тому
Delaware Judge Lets 2023 Insider Trading Case Against Coinbase Leaders Proceed
A Delaware judge has refused to dismiss a 2023 shareholder lawsuit accusing Coinbase CEO Brian Armstrong and board member Marc Andreessen of selling shares with nonpublic information around the 2021 direct listing. The case continues despite an internal 10‑month review that recommended dismissal and found the trades were limited and aimed at providing liquidity, with concerns instead centering on the independence of a special litigation committee member. Armstrong is alleged to have sold about $291.8 million in stock, while Andreessen, through Andreessen Horowitz, is said to have sold roughly $118.7 million.
19 год тому
19 год тому
CFTC Chair Selig Eyes Crypto Prediction Markets, Pulls 2024 Rule and 2025 Advisory
New CFTC Chair Michael Selig signaled a pivot toward clearer federal oversight of crypto-linked prediction markets, according to Clear Street analyst Owen Lau. In public remarks at an SEC–CFTC harmonization event, he directed staff to withdraw the 2024 event contracts rule and a 2025 advisory, and to draft a new framework. Clear Street said Coinbase and Circle could benefit as prediction markets expand.
Вибрані
CRO
CRO+6.61%
19 год тому
19 год тому
Binance Moves One Trillion SHIB, Adam Back Clarifies Epstein Meeting, Satoshi-Era Whale Faces $128 Million ETH Loss
At the start of February, Binance shifted one trillion Shiba Inu tokens, valued at about $6.78 million, from cold storage to a hot wallet while SHIB trades near its weakest level in almost two months. Adam Back has publicly acknowledged that Blockstream met Jeffrey Epstein in 2014 via Joi Ito but stated there were no financial ties, and a Satoshi-era Bitcoin whale has realized roughly $128.8 million in losses after heavy ETH liquidations linked to Aave debt. Bitcoin remains under $80,000, with ETH and SHIB hovering near key support zones as market uncertainty persists.
Вибрані
SHIB
SHIB+2.99%
19 год тому
20 год тому
Disney reports Q1 FY2026 beat: adjusted EPS $1.63 and revenue $25.98B; provides outlook
According to The Walt Disney Company, first‑quarter fiscal 2026 results topped forecasts with adjusted EPS of $1.63 versus $1.57 expected and revenue of $25.98 billion versus $25.62 billion. Revenue increased 5% year over year, from $24.7 billion to $26.0 billion, while total segment operating income declined 9% to $4.6 billion. Guidance includes about $500 million in Q2 SVOD operating income and double‑digit full‑year growth targets.
20 год тому
20 год тому
Budget 2026 Proposes Full Tax Exemption on MACT Compensation and Interest
In Budget 2026, the Centre proposed that compensation and interest awarded by Motor Accidents Claims Tribunals in cases of death, permanent disability or injury be fully exempt from income tax and from tax deducted at source, effective April 1, 2026, subject to parliamentary approval. This change would let accident victims and their families receive the entire MACT award without filing returns solely to reclaim TDS, easing their financial and compliance burden.
20 год тому