County Warren Financial News

25.07 / 14:39

Provident Lowe's Microsoft NASDAQ Apple Apple, Microsoft and Alphabet: Even More Overvalued After Nasdaq 100 Rebalancing?

It's no secret that large U.S. tech companies have experienced a reduction in their weighting on the Nasdaq 100 index after the 'special' rebalancing. The weightage of the 7 biggest companies in the index has decreased from 56% to 44%.

21.07 / 04:19

COST Twitter SEC Action Fighting social Twitter to subpoena senator Elizabeth Warren over communications with US agencies

Twitter, which has asked a court to terminate a consent order struck last year with the Federal Trade Commission (FTC) related to data breaches, said in a court filing on Thursday that it planned to subpoena senator Elizabeth Warren in connection with the fight. After billionaire Elon Musk took over Twitter last year, the company laid off thousands of employees and drastically cut costs, prompting questions about whether it had the resources to comply with the FTC consent order.

12.07 / 13:03

Facebook COST Target BLOCK Software lawmakers 3 tax prep firms shared 'extraordinarily sensitive' data about taxpayers with Meta, lawmakers say

Some congressional Democrats say three large tax preparation firms sent “extraordinarily sensitive” information on tens of millions of taxpayers to Facebook parent company Meta over at least two years

05.07 / 15:17

Government Law SEC Opinion Court The Supreme Court could stop the SEC’s war on crypto

When the leaders of the American Revolution signed the Declaration of Independence on July 4, 1776, they had no guarantee of victory. The battle for independence was underway, and their prospects were uncertain. Despite occasional victories, these audacious freedom fighters were grossly outnumbered and had difficulty retaining volunteer soldiers. Their commitment to the cause of freedom was their only fighting chance.

22.06 / 21:11

regulation SEC Europe European Union Crypto enthusiasts are wrong to target Gary Gensler

The animus of the entire crypto world is focused on Securities and Exchange Commission Chair Gary Gensler.

14.06 / 01:13

Binance Ripple Merit Action coinbase Gemini Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss

Gemini co-founder Cameron Winklevoss has warned that the Democratic Party risks losing crucial support from younger voters due to what he perceives as an aggressive stance on cryptocurrencies by notable figures within the party. In a series of tweets, Winklevoss asserted that Democrats are alienating Millennials and Generation Z—groups which, he says, have wholly embraced the emerging asset class.

13.06 / 02:13

business Blockchain Adoption SEC us government Senate Internet consequences Fear of blockchain will have 'disastrous consequences' — Ava Labs CEO testimony

Ava Labs CEO Emin Gün Sirer will be calling on United States officials to “nurture” and “support” responsible blockchain innovation, warning that they face “disastrous consequences” if they don't.

12.06 / 20:31

Law regulation SEC Sec Chair lawmakers Lawmakers introduce bill to remove SEC chair — but do they have the authority?

Members of the United States House of Representatives are pushing for ways to remove Securities and Exchange Commission (SEC) chair Gary Gensler from his position, but the legality may be more complicated than a single piece of legislation.

12.06 / 09:09

SEC Elizabeth Warren Winklevoss Twins Predict 'War on Crypto' Will Harm Democratic Party

Crypto billionaire Cameron Winklevoss has warned that the ongoing war against crypto by Senator Elizabeth Warren and SEC Chain Gary Gensler would harm the Democratic party.

12.06 / 05:27

regulation Winklevoss Twins policies Elections Democrats ‘war on crypto’ will lose its key voters: Winklevoss twins

United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of its continued “war against crypto," according to the Winklevoss twins.

09.06 / 03:19

SEC DOJ Elizabeth Warren letter US Sen. Elizabeth Warren Says Binance Lied to Congress in Letter to DOJ Asking for an Investigation

Long-standing crypto skeptic Sen. Elizabeth Warren is asking US Department of Justice Attorney General Merrick Garland to investigate whether Binance lied to Congress.

08.06 / 15:49

business Binance regulation lawmakers US lawmakers Senators Binance may have lied to US lawmakers, argue senators: Report

Binance may have misled lawmakers in the United States about its business dealings and relationship with its local unit in a letter sent in March, Bloomberg reported on June 8.

06.06 / 20:32

Law regulation Banks Congress Senate Warren’s alleged work with short-seller shows anti-crypto army heating up

What do progressive Democrats, Republican national security hawks and Wall Street traders have in common? They are all apparently enlisting in United States Senator Elizabeth Warren’s “anti-crypto army.” The progressive senator’s reported alliance with Marc Cohodes, a Wall Street short-seller who profited from the recent carnage at crypto banks, is the latest example.

31.05 / 22:39

Treasury Elizabeth Warren US Senator Warren Calls Out Crypto’s Role in Fentanyl Transactions

US Sen. Elizabeth Warren called out cryptocurrency’s role in fentanyl drug transactions and pushed for her bill to combat money laundering during a congressional hearing on Wednesday.

31.05 / 21:23

Government Payments regulation Drugs Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China

Massachusetts Sen. Elizabeth Warren has suggested a link between cryptocurrency payments and companies based in China that provided precursors for the opioid fentanyl.

30.05 / 12:27

Government Law regulation Europe European Union Opinion UK government The EU is watching your wallet, but it still beats the US for crypto

Millions of American television viewers, including those watching the NBA Finals, will soon see a new national ad campaign run by Coinbase. Titled “Moving America Forward,” the campaign is focused on explaining crypto and illustrating how it can help “update the system.” The ads add to the increasing pressure the company is putting on the United States Securities and Exchange Commission for clarity on digital assets. But no company can operate without a backup plan, which explains why Coinbase also secured a license in Bermuda in April to operate an offshore exchange.

26.05 / 15:29

Government SEC Opinion Elections 2024 DeSantis looks like the choice for crypto enthusiasts in 2024

Crypto Twitter discussions about law and policy are informed chaos, a specialized cacophony. Despite the drama involved with Gov. Ron DeSantis’ announcement on Twitter that he was running for president in 2024, he made some alpha drops about his stance on crypto.

17.05 / 07:13

business SVB Signature Bank collapses Senators Senators slam bank execs for blaming collapses on crypto, pocketing millions

A former Signature Bank executive has been slammed for seemingly trying to place the blame for his bank’s collapse on crypto while purportedly being able to pocket millions in bonuses and stock options.

11.05 / 04:41

FTX Fried Bankman-Fried asks court to dismiss charges over FTX collapse

FTX chief Sam Bankman-Fried asked a US federal court Monday to toss out most of the charges he faces over the collapse of his crypto exchange last year. In a pre-trial motion, lawyers for Bankman-Fried asked the US District Court for the Southern District of New York to dismiss 10 of the 13 charges against him, arguing that in some of the charges prosecutors failed to «state an offense» or to «allege a valid property right.» The disgraced crypto currency highflyer has pleaded not guilty to fraud, conspiracy and money laundering charges. Extradited to the United States in December from the Bahamas and put under house arrest, Bankman-Fried faces potentially dozens of years in prison. His trial is scheduled to begin in October in New York.

06.05 / 13:59

UPS Progressive Apple Berkshire Hathaway's operating earnings increase 12% in the first quarter, cash hoard tops $130 billion

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05.05 / 19:37

Technology Art NFT Artists Metaverse Tech Artists face a choice with AI: Adapt or become obsolete

The artificial intelligence art gold rush began around 2018 when Christie’s auctioned “Portrait of Edmond Belamy” for an astounding $432,500. Since then, it has been an up-only journey for AI-generated images.

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