Washington, area District Of Columbia Financial News

27.07 / 04:27

Action Immunic Rob Manfred's term as baseball commissioner extended until 2029 by MLB owners

Baseball Commissioner Rob Manfred’s term was extended until 2029 on Wednesday by major league owners

26.07 / 05:43

extreme weather U.S. congressman goes on ‘thirst strike’ for worker heat safety protections

A U.S. congressman from Texas held a day-long “thirst strike” on Tuesday to push for federal safety standards for those working in extreme heat conditions — an issue that is becoming more prominent amid record-shattering temperatures.

21.07 / 19:43

Maxim show country FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

Sam Bankman-Fried's younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker-state, a lawsuit filed in Delaware bankruptcy court shows.

19.07 / 01:59

Provident Matthews An alleged Chicago brothel operator is sentenced to probation, home confinement

A 35-year-old woman who prosecutors say operated a multistate prostitution business from a three-story Chicago building that functioned like a brothel has been sentenced to probation

16.07 / 08:51

FIVE Ball Jackpot Powerball prize grows to $900 million after no jackpot winner drawn

Another Powerball drawing ends with no winner, sending the jackpot soaring to an estimated $900 million

15.07 / 18:33

FIVE Ball Jackpot Powerball jackpot jumps to $875 million; When is the next drawing for the third-largest prize in Powerball history?

Powerball website announced an estimated $875 million prize, making it the third-largest in Powerball history. The grand prize has been accumulating since April 19 and has rolled over 36 times with most recently on Wednesday. Similarly, the Mega Millions jackpot on Friday was estimated at $560 million but will continue to grow as no major winners were selected. The winning numbers for Friday's draw were 10-24-48-51-66, with a Mega Ball of 15. Several tickets matched the first five numbers, earning $1 million each, and one ticket in South Carolina won $2 million by playing the 2x Megaplier. None of the tickets purchased for Wednesday's $750 million Powerball jackpot had the winning combination of white balls: 23, 35, 45, 66, 67, and red Powerball 20.

11.07 / 17:25

FIVE Ball Jackpot After no Powerball jackpot winners on Monday, prize money jumps to $725 million

After no winning ticket was sold for the Monday Powerball drawing, the grand prize jumped to an estimated $725 million– the seventh largest Powerball jackpot, according to a report by CNN on Tuesday. The next Powerball drawing will be on Wednesday for the massive prize, which has an estimated $366.2 million lump-sum cash value before tax, according to Powerball. The winning numbers for Monday’s Powerball drawing were 2, 24, 34, 53, 58 and red Powerball 13.

30.06 / 15:13

Provident Adoption Digital Cooper Aware IMF Bitcoin International What is the International Monetary Fund, and how does it work?

Maintaining stability in the international financial system is essential for sustaining economic growth in a connected global economy. In this context, the International Monetary Fund (IMF) is essential for fostering international monetary cooperation, maintaining exchange rate stability and managing financial crises. This article provides an overview of the IMF and its objectives, governance structure and key functions.

21.06 / 13:17

Government Law Adoption Binance regulation us government exchanges sec lawsuit Binance SEC lawsuit could dent crypto exchange’s global plans

The United States Securities and Exchange Commission filed a lawsuit against Binance along with its U.S. platform and CEO Changpeng Zhao on June 5 in a Washington, D.C. federal district court for allegedly violating securities laws and offering unregistered securities.

09.06 / 17:55

business Government Ethereum Binance SEC Bitcoin SEC can’t find Binance CEO Changpeng Zhao, asks court for ‘alternative service’

The United States Securities and Exchange Commission (SEC) is seeking ‘alternative service’ from the U.S. District Court in Washington, D.C., to issue a legal summons to Changpeng Zhao, the CEO of cryptocurrency exchange Binance.

07.06 / 18:39

business Binance regulation SEC US District Court issues summons for Binance CEO Changpeng Zhao over SEC action

The United States District Court in Washington, D.C. issued a summons for Binance CEO Changpeng Zhao on June 7, just two days after the Securities and Exchange Commission (SEC) formally sued the exchange for alleged unregistered securities operations.

07.06 / 16:43

Binance SEC Action coinbase Bittrex freeze SEC Files Emergency Action to Freeze Binance.US Assets

On Tuesday, the U.S. Securities and Exchange Commission (SEC) filed an emergency action to freeze the assets of crypto exchange Binance's U.S. subsidiary, repatriate the assets held on behalf of its customers, and seek other emergency relief actions against other Binance-affiliated entities.

07.06 / 08:19

cryptocurrency Binance us sec sec lawsuit Crypto shares tumble as Binance SEC lawsuit ripples through industry

Binance, another blow to the industry. The U.S. Securities and Exchange Commission sued Binance and its CEO Changpeng Zhao for secretly controlling Binance.US as part of a «web of deception» to evade U.S. laws, among other charges. Reuters earlier reported that Binance controlled its US affiliate's bank accounts, despite claiming it was independent. The SEC also said Binance artificially inflated trading volumes on the platform, diverted customer funds and failed to restrict U.S. customers from its platform and misled investors about market surveillance controls. Bitcoin, the world's biggest cryptocurrency was down 5.45% after falling to its lowest level since mid-March following the news. Binance's cryptocurrency fell 9.72%.

31.05 / 12:55

business regulation security ChatGPT National Warning Chinese officials issue warning about AI and national security

Officials in China have warned about the risks posed by the rapid advancement of artificial intelligence (AI) development and subsequently called for tighter measures on national security.

26.05 / 11:57

Microsoft ChatGPT Microsoft's Smith Calls for More Regulation of Artificial Intelligence

Artificial intelligence (AI) may the “the most consequential” technological change in our lifetime, and governments now need to learn how to control it, according to Microsoft President Brad Smith.

24.05 / 19:41

Crime Hacking Ransomware U.S. Charges Russian In Ransomware Scheme Worth Up To $200 Million

The U.S. Department of Justice (DOJ) has indicted a Russian man for his alleged participation in several ransomware schemes.

20.05 / 07:55

Dogecoin cryptocurrency XRP litecoin BNB Ethereum Price Bitcoin Price Crypto Price Today: Bitcoin falls below $27k, Solana, Cardano shed up to 2%

cryptocurrency markets were trading in the red on Friday. Bitcoin (BTC) fell 1.13% to $26,908, whereas Ethereum (ETH) was above the $1,800 level. BTC volume stood at approximately $14.9 billion, falling 0.58% in the last 24 hours. «Bitcoin experienced a reversal, dropping to the US$26,700 level after reaching US$27,400 the previous day. The decline can be attributed to investor concerns surrounding ongoing debt ceiling talks in Washington, D.C., and regulatory developments,» Edul Patel, Co-founder and CEO at Mudrex said. Other top crypto tokens were also trading lower. Solana and Cardano declined nearly 2%. Ethereum, BNB, Polkadot and Litecoin were also trading lower. The total volume in DeFi is currently 2.02 billion, 6.40% of the total crypto market 24-hour volume. The volume of all stablecoins is now $29.18 billion, which is 92.43% of the total crypto market 24-hour volume.

19.05 / 17:19

markets Federal Reserve Bitcoin Bitcoin Price rate hikes end Bitcoin flips volatile at $27K as Fed's Powell teases end to rate hikes

Bitcoin (BTC) nudged $27,000 after the May 19 Wall Street open as the Chair of the United States Federal Reserve delivered comments on policy.

19.05 / 09:19

markets Bitcoin Bitcoin Price Fed rate hike Support Bitcoin price retests key support as Fed rate hike fears steal $27K

Bitcoin (BTC) traded back below $27,000 on May 19 as analysis flagged large-volume trades pressuring price.

05.04 / 18:41

CBDC Adoption Research CBDCs ‘threaten Americans’ core freedoms’ — Cato Institute

A report from the Cato Institute argues that a United States government-issued central bank digital currency, or CBDC, would usurp the private sector and threaten citizens’ privacy and core freedoms.

31.03 / 22:23

business Adoption regulation FTX open Bermuda still open to crypto firms, says premier: Report

The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with Bloomberg News.

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