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Goldman Sachs Taking Action Against Unaffiliated Bankruptcy Specialist Who Opened Separate Company in Bank’s Name: Report
Financial giant Goldman Sachs is reportedly taking legal action against an unaffiliated bankruptcy specialist who has been running a side company called “Goldman Sachs Capital LLC.” The Wall Stree...

Connecticut Bans State and Local Governments From Investing in Crypto Assets
The state of Connecticut is barring itself and its local governments from being able to invest in digital assets. Connecticut has passed House Bill 7082, which bans state and local governments from b...

Meta Poaches Top Engineers for AGI Team
Meta has reportedly poached some top engineers from tech firms for its artificial general intelligence (AGI) team. [contact-form-7] One engineer who confirmed he is moving to Meta is Jack Ra...

Morgan Stanley Predicts New All-Time Highs for S&P 500 Amid Weaker US Dollar, Better Earnings Revisions, Incoming Fed Rate Cuts and More
Investment banking giant Morgan Stanley believes the S&P 500 will not revisit its April lows and instead rally to new all-time highs within a year. Morgan Stanley’s global head of corporate credit r...

Payments Giant Stripe To Acquire Crypto Wallet Provider Privy Following $1,000,000,000 Purchase of Stablecoin Firm: Report
Payments platform Stripe has announced its acquisition of a crypto wallet provider shortly after closing a $1 billion deal to purchase the stablecoin firm Bridge. In a post on the social media platfor...

SEC Chair Paul Atkins Voices Support for Self-Custody of Crypto Assets As ‘Foundational American Value’
The new chair of the U.S. Securities and Exchange Commission (SEC) supports crypto self-custody. Paul Atkins, who was sworn in as SEC Chair in April, spoke at the Commission’s Crypto Task Force Rou...

$230,000 Bitcoin Price ‘Fair Value’ Amid Likelihood of Sovereign Debt Default, According to Bitwise
Crypto asset manager Bitwise says the possibility of countries failing to repay their debts may drive Bitcoin (BTC) to an astronomical new all-time high. In a new report, Bitwise analysts say that gro...

Meta’s new AI video tool can put you in a desert (or at least try to)
This is apparently what it would look like if my parents’ dogs were digging a hole in the desert. | Screenshot by Emma Roth / The Verge Meta is launching new video editing tools that will let you...

Paul Tudor Jones Warns US in a ‘Debt Trap,’ Says Bitcoin Part of ‘Ideal’ Portfolio Strategy To Fight Incoming Inflation
Billionaire hedge fund manager Paul Tudor Jones says the US is now “fiscally constrained,” which may call for a specific investment strategy in the coming years. In a new interview on Bloomberg Te...

‘Covert Pipeline for Dirty Money’ – Crypto Firm Founder Facing Multiple Charges After Allegedly Laundering $500,000,000 Through US Financial System
The Department of Justice (DOJ) has charged a Russian national and crypto executive with allegedly laundering more than $500 million worth of overseas payments through US banks and digital asset excha...