Latest Stories
‘Buy Bitcoin’ Sign Shown Behind Yellen Sells for $1 Million
A yellow legal pad with “Buy Bitcoin” scribbled on it - the type that will cost you $8.99 for a three-pack on Amazon — just sold for $1.027 million during an auction.
Stripe Unlocks All-or-Nothing Payment Processing Approach
<-bsp-bb-link state="{"bbHref":"bbg://securities/0170016D%20US%20Equity","_id":"0000018f-1283-d583-afbf-d2dfe69d0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Stripe Inc.-bsp-bb-link> is making it easier for merchants to use its financial-services offerings with the technology they already have to process payments.
Blackstone Hires Morgan Stanley’s Leiter for Senior Credit Role
Friends, Family, Royalty Seek Mercy for Crypto’s Richest Man
<-bsp-bb-link state="{"bbHref":"bbg://securities/1624796D%20CH%20Equity","_id":"0000018f-11e0-d583-afbf-d3fc58d00000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Binance-bsp-bb-link> co-founder <-bsp-person state="{"_id":"0000018f-11e0-d583-afbf-d3fc58d00001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Changpeng Zhao-bsp-person> is facing up to three years in prison, if efforts by US prosecutors to secure his sentencing prove successful. More than 160 friends, colleagues and investors are determined for the crypto executive to escape incarceration entirely.
Crypto-Mixing Founders Ran ‘Haven for Criminals,’ US Says
Two founders of the Samourai Wallet crypto-mixing service were charged by federal prosecutors with helping launder $100 million in crime proceeds.
FDIC Is Said to Approach Potential Buyers of Republic First
The Federal Deposit Insurance Corp. is in talks with potential acquirers for <-rte-company state="{"_id":"0000018f-11fb-d583-afbf-d3ff382a0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Republic First Bancorp Inc.-rte-company>, according to people with knowledge of the matter.
Weak Insurers With High Ratings Pose Florida Property Risk
A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
Matt Levine’s Money Stuff: The FTC Comes for Noncompetes
Also restaurant reservation HFT, non-converting convertible bonds, index-fund blacklists and rural Chinese apartments.
For Traders, the FTC Ban on Non-Competes Comes With Big Catches
Wall Street traders and money managers could be in for disappointment if they’re hoping a new US ban on non-compete clauses will clear the way for them to spring into the arms of higher-paying competitors.
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