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Bitcoin falls to seven-week low below $40,000

(Reuters) - Bitcoin fell to a seven week low on Monday, trading below $40,000 for the first time since the launch of eleven spot Exchange Traded Funds on Jan. 11. The crypto currency was last down

Binance, SEC face off over regulator’s crypto oversight

By Chris Prentice and Hannah Lang WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission (SEC) on Monday defended its authority to oversee certain cryptocurrency assets in court, as Binance

Trump-linked stocks soar after DeSantis throws in the towel

By Noel Randewich (Reuters) - Shares of Digital World Acquisition, the blank check firm set to take former U.S. President Donald Trump's social media platform public, soared to their highest in 19

FTX sold about $1 billion of Grayscale’s bitcoin ETF since its approval – CoinDesk

(Reuters) - FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded fund (ETF) earlier this month, taking FTX's GBTC

Audits show less antisemitism on X than other apps, Musk says

KRAKOW, Poland (Reuters) - Social media company X's platform has less antisemitic content compared with other applications, according to audits it has commissioned, X owner Elon Musk said on Monday at

Alphabet’s X Lab trims staff, turns to outside investors for funding – Bloomberg News

(Reuters) - Alphabet's division for developing new technology is laying off dozens of workers as it turns to outside investors to help fund its projects, Bloomberg News reported on Monday, citing

Global watchdog to report in October on how social media fuels bank runs

By Huw Jones LONDON (Reuters) - Global financial regulators will present the G20 in October their findings from a "deep dive" on how social media can speed up bank deposit outflows and whether changes

Binance kicks off oral arguments in push to end SEC lawsuit

WASHINGTON (Reuters) - The world's largest crypto exchange Binance and the U.S. Securities and Exchange Commission (SEC) kicked off their oral arguments before a federal judge in Washington, D.C., on

AerCap discloses cybersecurity incident

(Reuters) - World's largest aircraft lessor AerCap Holdings was hit by a cybersecurity incident related to ransomware on Jan. 17, the company said in a filing on Monday. "We have full control of all

Apple pays $13.7 million Russian fine, antitrust agency says

MOSCOW (Reuters) - Apple Inc has paid a Russian fine of 1.2 billion roubles ($13.65 million), the Russian antitrust agency said on Monday. The fine concerned Apple's App Store policies such as the

On Camera

US-Pakistan romance is not new. Why does India feel betrayed?

I don’t believe that the US-India relationship has deteriorated beyond repair. There are ways of handling Trump, even if the Pakistanis have outplayed us this year.

BJP MPs go full throttle against Trump even as govt hails enduring India-US ties amid tariff tension

New Delhi: While the Indian government has made a measured response to the 25 percent trade tariff imposed by Donald Trump, many in the BJP...

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

Pakistan, Dhaka have played Washington well. Back home, Modi ecosystem has an inner conflict

To protect ourselves from Trumpian diplomacy, first we must introspect the bipolarity within our establishment discourse.