Author: Press Room

The U.S. federal government has approved the bid by Binance’s American branch to buy up the remaining assets of the bankrupt crypto lender Voyager Digital.In a Twitter thread earlier this week, Voyager’s Official Committee of Unsecured Creditors said a resolution has been reached with the government that will “allow the Plan to move forward and go effective shortly.”The Committee added that a joint stipulation filed with the district court on April 19th now needs to be approved by the judge, and said Voyager, the Committee and Binance.US will move forward “as quickly as possible once this stipulation is approved by…

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Good morning, readers. I’m Diamond Naga Siu, and I enjoy some of Taylor Swift’s music but definitely don’t consider myself a Swiftie. I do, however, find myself enchanted by her financial knowledge.Unlike some of my faves (Naomi Osaka and Shaquille O’Neal), Swift knew the infamous crypto exchange FTX was trouble when it walked in.She asked if the company was selling unregistered securities (which is typically illegal, by the way — here’s what it means). And Swift’s skepticism helped her dodge a $100 million sponsorship with the now-imploded company.Before I study up like Taylor Swift, let’s dive into today’s tech.If this…

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Dominic Raab ended his ministerial career on Friday with an angry volley of criticism at the way he had been driven from office and with claims his designation as a bully would “paralyse” ministers trying to do their jobs.The UK’s departing deputy prime minister will not get much sympathy from the civil service. Accounts of Raab’s “abrasive” approach are widespread across Whitehall; many officials dreaded having to work with him.But Raab’s effective sacking raises questions — shared privately by others in senior circles of the governing Conservative party — about the point at which a hard-driving, demanding boss, trying to…

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‘Here’s the plan’: See Trump operatives’ texts about breached data Two men hired by former President Donald Trump’s legal team discussed over text message what to do with data obtained from a breached voting machine in a rural county in Georgia in mid-January 2021. CNN’s Sara Murray and Zachary Cohen sit down with “Inside Politics” to discuss. Read the full article here

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Bitcoin and other cryptocurrencies were falling Friday as regulatory pressures weighed on sentiment. Crypto traders remain bullish—but big bets on a rebound may only hurt prices in the short-term. The price of Bitcoin has fallen 2% over the past 24 hours to $28,100, falling further from the psychologically important $30,000 level, which it passed last week for the first time in 10 months. The $30,000 zone is viewed as key because it’s where prices stood last June before a selloff across cryptos accelerated into a brutal bear market. Bitcoin though has struggled to consolidate above that level despite spikes to…

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Most of the large cryptocurrencies were down during morning trading on Thursday, with Polygon Polygon USD seeing the biggest move, shedding 1.86% to $1.08. Seven additional currencies posted reductions Thursday. Bitcoin Bitcoin USD shed 1.46% to $28,828.30, and Solana Solana USD inched down 0.82% to $22.86. Dogecoin Dogecoin USD slipped 0.82%… Read the full article here

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Officially, it’s a single day on the calendar every year — Earth Day, each April 22. By now, nearly every industry — from fast-food chains to grocery stores to cosmetics lines and luxury autos — along with dozens of tree-loving, plastic-banning nonprofits, are part of a week or month’s worth of promotions and education around climate change each April. Academia and other institutions, many with international events that draw the likes of King Charles, Jeff Bezos and Greta Thunberg, step up as well. … Read the full article here

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The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity slumped to negative 31.3 in April from negative 23.2 in the prior month. Any reading below zero indicates deteriorating conditions. This is the eighth straight reading below zero and the tenth in the last 11 months.  Economists polled by the Wall Street Journal expected a slight improvement to a negative 20 reading in April. Key… Read the full article here

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© Reuters. Kinder Morgan earnings beat by $0.01, revenue fell short of estimates Investing.com – Kinder Morgan (NYSE: KMI) reported first quarter EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $3.89B versus the consensus estimate of $4.67B. Kinder Morgan’s stock price closed at $17.61. It is down -5.53% in the last 3 months and down -10.93% in the last 12 months. Kinder Morgan saw 0 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See Kinder Morgan’s stock price’s past reactions to earnings here. According to…

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