Binance will have to face US courts again

A ruling issued by the United States Supreme Court on January 14 admitted a class action lawsuit filed in 2020 by a group of investors against the Binance exchange. With this decision the Supreme Court accepts a challenge that the plaintiffs filed in March 2024, rejecting a decision made by the US Court of Appeals … Read more

SEC sues Elon Musk for securities violations X – DW – 01/15/2025

The US Securities and Exchange Commission sued Elon Musk on Wednesday for failing to disclose his acquisition of Twitter shares before buying the company. The SEC said Elon Musk violated securities law by acquiring Twitter shares at “artificially low prices.” Musk bought Twitter for about $44 billion (€42.7 billion) in 2022, changing the name to … Read more

USDC circulation surpasses that of USDT and other major stablecoins in 2024

Circle, the company issuing the stablecoin USD Coin (USDC), released a report on the performance of the stablecoin during the recently completed 2024, highlighting that this cryptocurrency had greater growth in terms of circulation compared to USD Tether (USDT) and others. “important stablecoins”. According to him reportshared by Circle CEO and founder Jeremy Allaire, in … Read more

South Korean police raid Yoon’s residence in latest detention attempt

Seoul, South Korea – South Korean authorities are making a fresh effort to detain impeached President Yoon Suk Yeol, days after narrowly avoiding a first attempt to enforce a court-approved warrant with presidential security and military forces protecting him. A team of investigators arrived at the heavily fortified presidential compound in central Seoul before dawn … Read more

Will everything change with Trump’s arrival? Eric Garcetti said goodbye to India. How America chooses its ambassador?

Last Updated:January 14, 2025, 17:20 IST US Eric Garcetti: After the change of President in America, the process of change of American ambassadors has been seen on a large scale across the world. The tenure of US Ambassador to India Eric Garcetti has ended. Let us understand how America becomes its ambassador…read more highlights US … Read more

Officials in ‘standoff’ with Yun’s guards – DW – 01/14/2025

While attempting to execute a warrant for the arrest of South Korea’s impeached President Yoon Suk Yeol, officials said they were blocked by presidential guards, Yonhap news agency reported in Seoul on Wednesday morning. “Investigators are in a standoff with the Presidential Security Service after serving a search and detention warrant against Yoon,” the agency … Read more

US Bankruptcy Filings Soar to 2020 Levels

The increase in bankruptcy filings in the United States worries analysts at the financial newsletter The Kobeissi. According to revealed data by Kobeissi, the 12-week moving average of bankruptcy filings is now at 17the highest level in two years. Bankruptcy applications in the United States (black line). Source: The Kobeissi Letter. This increase coincides with … Read more

Rights groups in Kenya blame police for rising incidents of kidnappings of government critics

Nairobi, Kenya – Human rights groups in Kenya are blaming police for a recent increase in kidnappings of critics opposing government policies. Activists say at least 29 people are missing after raising concerns about poor governance. Kenyan cartoonist Gideon Kibet said he was followed by unidentified men onto a bus while leaving a meeting in … Read more