BlackRock’s ETF acquires 3.25% of Bitcoin supply as fresh capital dwindles
BlackRock’s Bitcoin ETF Approaches $70 Billion in Assets BlackRock’s Spot Bitcoin Exchange Traded Fund (ETF) is nearing the $70 billion milestone in managed assets, which suggests significant institutional interest, even as retail inflows seem to be slowing down. The asset management giant has accumulated about $69.7 billion in Bitcoin (BTC) through its ISHARES BITCOIN TRUST […]
Blackout in Haiti’s Capital Following Mob Attack on Hydroelectric Plant to Protest Gang Violence
Haitian Mob Targets Hydroelectric Plant, Darkens Capital An irate mob in Haiti stormed a hydroelectric power facility in Milevalai on Wednesday, resulting in a blackout that affected the capital, Port-au-Prince. This event echoes a similar situation from May, when locals in Mirebalais surrounded the Perigre Dam to protest police inaction amidst violent gang activities. In […]
JPMorgan and SEC hold talks about onchain capital markets.
JPMorgan Meets SEC on Digital Asset Regulations Executives from some of the largest banks in the U.S. recently met with the Securities and Exchange Commission’s Cryptocurrency Task Force. The main topic? The possible effects of new regulations on digital assets and the movement of capital markets to blockchain. During the discussions, JPMorgan Chase’s leaders focused […]
Senate-Approved Stablecoin Legislation Aiming to Achieve Trump’s Goal of Making America the Global ‘Cryptocurrency Capital’
Senate Stablecoin Bill Aims to Establish U.S. as Crypto Leader Senate Banking Committee Chairman Tim Scott (R-SC) recently shared his thoughts with Breitbart News, emphasizing that the stablecoin bill is crucial for fulfilling President Trump’s vision of making America the “world’s cryptocurrency capital.” Scott’s remarks come after the Senate approved a bill aimed at creating […]
Capital One launches a stylish new lounge at JFK featuring a cheesemonger, champagne at sunset, and artisanal sodas.
Travelers at JFK are in for a treat with the new Capital One Lounge, which opens at Terminal 4 this Thursday. Spanning 13,500 square feet, this space aims to offer a luxurious experience reminiscent of Manhattan’s vibrant culinary scene and 24/7 amenities. Jen Schulich, the vice president of Capital One Travel, Lounge and Retail Experience, […]
Former hedge fund manager of Sakal Capital accused of insider trading once more
Arrest of Hedge Fund Manager in Insider Trading Case A former hedge fund manager based in Miami, Kris Bortnovsky, was arrested on Friday. This followed federal prosecutors in Boston reviving an insider trading case that had seen a pause in 2022 when prosecutors previously withdrew an agreement to testify against him. Bortnovsky, who co-founded Sakal […]
DOJ employee faces capital murder charges for reportedly providing girlfriend with abortion medication
Charges Filed Against Justice Department Employee for Forced Abortion A worker from the Justice Department faces capital murder charges after reportedly causing her girlfriend to miscarry by secretly administering abortion pills. This incident, according to authorities, occurred at a coffee shop in Texas. Justin Banta, a 38-year-old IT staff member, was arrested on Friday following […]
Walmart is now offering credit cards through its own financial technology company after ending its partnership with Capital One.
Walmart’s New Credit Card Initiative Walmart will introduce Capital One Walmart Credit Card signs on Tuesday, November 19, 2019, at its store in Mountain View, California. On Monday, Walmart’s fintech venture, One Pay, announced plans to roll out credit cards in collaboration with banking partners for its customers, marking an interesting evolution for the retailer. […]
The Unusual Concept Behind Alumni Ventures: Growing from a Small Startup to One of America’s Leading Venture Capital Firms
Alumni Ventures: A New Era in Venture Capital Alumni Ventures has rapidly emerged as one of the most active venture capital firms in the United States, boasting a portfolio that includes 1,500 companies—31 of which are unicorns, along with 14 IPOs and 148 acquisitions. Not too shabby for a firm that started in 2014 with […]
Russian Attack Takes Three Lives in Ukrainian Capital Kyiv
Kiev, Ukraine – According to Ukrainian officials on Friday, Russia launched air assaults on six regions of Ukraine, marking one of the most significant attacks in three years of conflict. Overnight strikes reportedly left three emergency responders dead in the capital, Kiev. The attack involved 407 drones and 44 ballistic and cruise missiles, according to […]