Reform UK given record £36m donation by British crypto billionaire Ben Delo was convicted in US for failing to implement adequate anti-money laundering controls but pardoned by Trump The Guardian - UK · Sep 11
'I Feel... Hawk Tuah'd': Hunter Biden's $LAPTOP Meme Coin Traders Rage After Chaotic Debut Hunter Biden's $LAPTOP meme coin investors claim to have lost years of savings, with some seeking their hard-earned money back while Biden assured them of some form of remedy. International Business Times UK · Sep 11
NSE IPO: Exchange didn't move an application to trade on its own platform, says CEO Ashish Chauhan NSE CEO Ashish Chauhan said the exchange has not applied to Sebi to trade its own shares on the NSE platform ahead of its IPO. The issue will be entirely an offer for sale, with about 12.64 crore shares on offer and an expected size of Rs 22,500-23,500 crore. The Economic Times · Sep 11
The cost of sitting out: Missing Nifty’s best 50 days cuts CAGR to 0.94% from 13.55%: Abakkus MF Abakkus Mutual Fund highlights the steep cost of missing the market’s strongest sessions. The Nifty 50 TRI delivered a 13.55% CAGR between April 2005 and August 2026, but this fell to 0.94% for investors who missed the best 50 days, underscoring the risks of trying to time the market. The Economic Times · Sep 11
Midcap rally hides a deeper split: Every second stock down but index up 11% in 1 year. Are investors walking on thin ice? The Nifty Midcap 150 has gained around 11% over the past year, outperforming the Nifty’s 6% decline. However, the gains have been uneven, with more than half of its constituents still in the red and some down as much as 70%. SKF India, KPIT Tech, Syngene International, RVNL, Tata Elxsi… The Economic Times · Sep 11
22-year-old school dropout steals Rs 23,45,67,77,750 in crypto, buys 30 cars, custom Porsches, Lamborghinis and Ferraris, and a watch worth about Rs 20 crore A Singaporean man admitted his role in a cryptocurrency racketeering operation. This enterprise allegedly stole and laundered over $245 million in digital assets. Social engineering tactics were used to target cryptocurrency holders for theft. The stolen funds were used for luxury purchases like cars and mansions. Lam faces up to… The Economic Times · Sep 11
After Tether Said No, US DOJ's $225M Big Tuna Crypto Deal Leaves Out The Woman Who Froze The Wallet First The wallet is listed at about $87.5 million in the US complaint, while Kaul claims at least $25.46 million tied to it International Business Times UK · Sep 10
Crypto Scam Victims Won $225M Seizure, Then the US Government Took the Money Inside Operation Big Tuna, the largest US Secret Service crypto seizure. Victims like Nivie Kaul fight to recover stolen funds from a $225M scam network. International Business Times UK · Sep 10
Nasdaq bets big on tokenized stocks with $100 million investment in Kraken parent Payward The investment reportedly pushes Kraken’s valuation to $21 billion. Fortune · Sep 10
Coinbase Says U.S. Crypto Rules Are Coming And Even A Failed Senate Vote May Not Stop Them Brian Armstrong said the CLARITY Act is ready for Senate support, with negotiations continuing over ethics provisions ahead of a key vote. International Business Times · Sep 10
BRICS chief backs de-dollarisation, says local currencies are the way forward BRICS Chamber Chairman Sameep Shastri supports de-dollarisation for a multipolar economic system. He believes local currency trade and digital transactions offer developing nations a greater voice. Businesses face multiple costs when conducting international trade through the US dollar. India aims to strengthen exports to BRICS economies while managing energy import… The Economic Times · Sep 10
Ahead of Market: 10 things that will decide stock market action on Friday Indian markets ended higher after Sensex and Nifty reversed losses during the closing auction, snapping a three-session decline. Crude above $102, weak global cues and rising yields kept sentiment cautious, while Nifty formed a hammer and stocks showed buying interest. The Economic Times · Sep 10
Will Bitcoin touch $400,000 by 2030? Coinbase CEO Brian Armstrong answers Coinbase CEO Brian Armstrong predicts Bitcoin could reach $400,000 by 2030, confirming the target remains reasonable. He believes the cryptocurrency has hit its market bottom following a year-long downturn, with upcoming halving events and regulatory updates expected to drive future growth despite ongoing price fluctuations. The Economic Times · Sep 10
From $190 to Under $2: Hunter Biden's $LAPTOP Crypto Coin Crashes Minutes After Launch Hunter Biden's $LAPTOP cryptocurrency surged to nearly $200 before plummeting below $2, illustrating the volatility of politically linked tokens. The launch aimed to reclaim the laptop controversy symbol. International Business Times UK · Sep 10
The Free Financial Advisor · Sep 10 The Average Money Market Rate Is Only 0.63%—Here’s Why September Is a Good Time to Check Your Account A money market account paying 0.63% might sound like a perfectly respectable place to park cash until the math gets involved. At that rate, $10,000 earns roughly $63 over a year before taxes, assuming the balance stays put and the rate remains unchanged. The national average for money market deposit…
We Got This Covered · Sep 10 A Texas family’s $17,400 gold shipment vanished after someone allegedly used fake ID to claim it. Then detectives found more thefts Pickup options are reportely more secure.
The Economic Times · Sep 10 CAS stays, but derivatives settlement may change, says Sebi chief Tuhin Kanta Pandey after another 1,000-point Sensex swing Sebi Chairman Tuhin Kanta Pandey stated the Closing Auction Session is here to stay. Traders express concerns about sharp expiry-day swings linked to this new mechanism. Global index provider MSCI acknowledged its recent rebalancing went well under the new framework. Sebi is reviewing derivative settlement price calculation methods after CAS…
The Economic Times · Sep 10 Bitcoin consolidates near $78,000 as investors await key US inflation, Fed cues Bitcoin traded near the $78,000 mark on Thursday as investors awaited key US inflation data and the Federal Reserve’s September 16 rate decision. The cryptocurrency remained range-bound amid macroeconomic uncertainty, while Ethereum and major altcoins also declined. Analysts said upcoming economic data and geopolitical tensions could determine the market’s next…
The Economic Times · Sep 10 CAS wild swing: Sensex soars 1,000 points on expiry day but ends only 138 points higher In a surprising turnaround, India's stock market indices, Sensex and Nifty, erased intraday losses to close positively on Thursday. Ending a three-day decline, the benchmarks saw Power Grid and Axis Bank surge by nearly two percent, contributing to the upward momentum. Additionally, significant names like UltraTech Cement and NTPC also…
The Times of India · Sep 10 22-year-old stole $245M in Bitcoin, then spent it on Ferraris and a $569K night out A 22-year-old Singaporean man has pleaded guilty to his role in an international cryptocurrency racketeering operation that prosecutors say stole and laundered more than $245 million in digital assets. Malone Lam, an eighth-grade dropout who later lived in Miami, admitted to participating in a RICO conspiracy after investigators linked him…
Fortune · Sep 10 Billionaire Coinbase CEO Brian Armstrong says most charities are 'net negative'—and that he has no plans to make his own foundation The crypto billionaire says he has a donor-advised fund but no plans to start a foundation, joining Elon Musk in casting doubt on traditional giving.
The Economic Times · Sep 10 NSE unlisted shares vs Nifty: Where did investors make more money ahead of mega IPO? Since September 2021, NSE unlisted shares have surged by over 170%, vastly overshadowing the Nifty 50 index's rise of just 35% within the same timeframe. This remarkable performance indicates a strong advantage of the unlisted shares, which have shown consistent stability over the past year, leading to significant value creation…
The Economic Times · Sep 10 Sensex trades flat, Nifty near 23,450 as oil prices top $100 a barrel. What’s ahead? Thursday marked a mixed start for Indian benchmark indices in light of previous losses. The Sensex dipped, while the Nifty edged up slightly. The performance across broader markets reflected this divergence, with midcaps declining and smallcaps rising. Higher crude oil prices may challenge energy-sensitive sectors, while defensive sectors, particularly FMCG…
The Economic Times · Sep 10 FATF issues global alert on money laundering and fraud risks in gaming, gambling; publishes new risk indicators The FATF is alerting countries about criminal abuse in gaming and gambling sectors. Criminals use gambling platforms for money laundering and smurfing transactions. Technological innovation creates complex ecosystems for regulators and law enforcement. Illegal gambling markets rival legal ones, offering anonymity to criminals. New risk indicators help identify suspicious activity…
The Economic Times · Sep 10 Business outlook 2027: 7 growth opportunities Indian CXOs should watch India is entering 2027 with growth opportunities spread across manufacturing, technology, exports, infrastructure, and emerging consumer markets. The companies that identify these shifts early could be better placed to capture the next phase of expansion.