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Robinhood buys crypto exchange Bitstamp in surprise $200 million deal – Fortune

Robinhood announced on Thursday that it has acquired Bitstamp, one of the world’s oldest cryptocurrency exchanges, in an all-cash transaction valued at approximately $200 million. The acquisition, expected to close in the first half of 2025, will advance one of Robinhood’s strategic objectives by expanding the company’s presence in international markets. Bitstamp has been a […]

Gable Steveson’s surprise Bills signing comes with WWE diss

A former wrestling rival of Gable Steveson has criticized the former Olympic gold medalist for signing with the NFL. ESPN’s Adam Schefter reported Friday that the Bills signed Steveson, who was recently released from his WWE contract, to play on the defensive line. Trevor Lee, who performed as Cameron Grimes in WWE’s developmental organization NXT […]

Surprise! Paul Krugman thinks you’re the problem

All you need to know about the legacy news media is that they hate you and think you’re a moron. Once you get this, the rest falls into place.  Last week, New York Times writer and noted “man of the people” Paul Krugman wrote his umpteenth column accusing people of being confused about the state […]

Despite Surprise Boost in Consumer Confidence, Recession Fears Rose in May

U.S. consumer confidence unexpectedly improved in May, snapping a three-month slump as consumers expressed a more positive view of the job market and became more optimistic about jobs, the economy and their incomes in the coming months. At the same time, consumers’ financial situations have worsened, they expect inflation and interest rates to rise, and […]

Russia, North Korea may be planning ‘October surprise’ ahead of election: report

According to reports, the Biden administration is growing concerned that Russia and North Korea may be planning an “October surprise” ahead of the US presidential election. The strengthening military alliance between Russian President Vladimir Putin and North Korean leader Kim Jong Un could lead to an expansion of Pyongyang’s nuclear arsenal and increase tensions in […]

Bryan Kohberger’s lawyers call surprise witness in attempt to poke holes in evidence that he was at grisly University of Idaho murder scene

The defense team for Idaho quadruple murder suspect Brian Koberger called a surprise witness Thursday, signaling their attempt to poke holes in the prosecution’s evidence that Koberger was at the scene of the brutal murders. Koberger’s defense team called Moscow police detective Lawrence Mowery to the witness stand to question whether the prosecution had done […]

Ether ETF gets surprise approval from regulators in boost for crypto

The U.S. Securities and Exchange Commission on Thursday approved applications from Nasdaq, CBOE and the New York Stock Exchange to list exchange-traded funds (ETFs) linked to the price of Ethereum, potentially paving the way for these products to begin trading later this year. ETF issuers also need to get approval before they can launch their […]