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Custodia Bank laying off employees as Biden admin’s crypto crackdown weighs on digital asset industry

The hosts of the CoinStories podcast discuss the state of cryptocurrencies following the global market sell-off. The Biden administration's tightening of regulations on cryptocurrencies has led to major restructuring at some of the smaller but better-known crypto banks. Custody Bank, a Wyoming-based financial institution that provides banking services to cryptocurrency companies, notified employees on Thursday […]

‘Great asset’: Radical Dems, socialists thrilled by Harris’ VP pick Tim Walz

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Ethereum ETF countdown: Bitwise CIO sees 'birth of a new asset class' – CNBC

Wall Street is bracing for a new set of cryptocurrency exchange-traded funds: Ethereum. Pending approval from the U.S. Securities and Exchange Commission, a spot Ethereum ETF could hit the market as early as this week, and Bitwise Asset Management’s Matthew Hogan plans to get in on the action. “This is kind of the birth of […]

Paramount Global reveals more layoffs, asset sales on the way

Paramount Global executives have warned of further job cuts as part of a $500 million cost-cutting plan to stem a “totally unacceptable” decline in the media giant’s profitability. About 500 employees learned of the tough plans, which also include revamping the Paramount+ streaming service and hiring bankers to sell unspecified assets, during an all-hands meeting […]

If you're grabbing tax-free income from this asset, you may be sacrificing yield – CNBC

Municipal bonds are gaining popularity among investors seeking tax-exempt income, but investors should be cautious about making investment decisions solely on the basis of tax savings. This week, Wells Fargo Investment Institute highlighted the appeal of municipal bonds as the Federal Reserve prepares to cut interest rates. When yields fall, bond prices rise, and when […]

Donald Trump Refers to Himself As ‘The Crypto President’ in Bid for Donations From Digital Asset Sector: Report – The Daily Hodl

Former President Donald Trump continues to promote himself as a crypto-friendly candidate in an effort to secure donations from the digital asset industry. Trevor Traina, a technology executive, tell “I’m going to be the cryptocurrency president,” Trump said at a recent fundraiser in San Francisco, according to Reuters. Traina previously served as the U.S. ambassador […]

new details in Hunter Biden case; could he be a CIA asset?

New details have emerged about the Hunter Biden case. Sara Gonzalez He calls it “very explosive.” According to whistleblower Gary Shapley, during the five-year tax investigation into Hunter Biden’s criminal tax evasion, the CIA blocked federal agents from interviewing Hunter Biden’s “sugar brother,” Hollywood lawyer Kevin Morris. The chairmen of the House Oversight and Judiciary […]

Philippine mayor accused of acting as Chinese asset amid investigation, tensions

A Philippine mayor is facing accusations of acting as a pawn of China as a territorial dispute between the two countries escalates. Philippine President Ferdinand Marcos told reporters this week: “No one knows her. There are questions about where she came from. So there are questions about her nationality, so we are working with the […]