Trump has named his transition team co-chair, Cantor Fitzgerald CEO Howard Lutnick, as commerce secretary. Earlier, Lutnick was fiercely jockeying to become treasury secretary, which now looks to be going to Key Square Group founder Scott Bessent, Apollo Global Management CEO Mark Rowan or former Federal Reserve governor Kevin Warsh, who are top contenders. Source link
SpaceX has launched another Starship rocket, but passed up catching it with giant mechanical arms Source link
A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking. A California court ruled today that Lido DAO, which manages the Lido liquid staking protocol, is classified as a general partnership under California law, meaning its members could be held legally liable for the organization’s actions. The case was brought to the courts by Andrew Samuels, an investor
American blockchain payments firm Ripple Labs Inc. is carving a new adoption path for its yet-to-be-launched stablecoin RLUSD. In its latest announcement, the company expanded its partnership with Mercy Corps with the “Unlocking Opportunity” program. This initiative is hinged on driving growth in emerging markets by supporting entrepreneurs and Small and Medium Enterprises (SMEs). RLUSD Stablecoin Role In New Ripple Labs Campaign As the company revealed, its plans hinge on
Spot Bitcoin ETF options officially debuted on the Nasdaq, marking a pivotal development for the cryptocurrency market. With the arrival of these options, starting with the BlackRock BlackRock’s iShares Bitcoin Trust ETF (IBIT), investors inevitably received additional instruments for hedging risks and covering exposure to Bitcoin’s fluctuations. Nasdaq recorded 73,000 IBIT options contracts on the first 60 minutes of trading, ranking the company among the 20 most active non-index options.
Solana (SOL) price in the last 24 hours has shown bullish momentum, with its price ranging between $247.09 and $234.15. However, at press time, Solana is trading at $237, reflecting a 1.08% decline from a key resistance level. Despite this minor retracement, analysts predict that Solana could be on the cusp of a breakout this week, potentially setting a new all-time high. Will Solana Price Rise This Week? Solana’s recent
Over the past year, space technology provider Rocket Lab (RKLB) has skyrocketed beyond expectations, with shares soaring 357% to a market capitalization past $9.8 billion. As the sector sees continued enthusiasm and success for private launch capabilities, a thorough examination of what’s next for would-be investors is critical. I have long been bullish on Rocket Lab, but with the financials now making sense, unlike in previous years, I suspect the
Dr. Mehmet Oz, a former celebrity TV host and Republican U.S. Senate candidate in Pennsylvania, poses for a portrait outside a polling location during the primary election in Rockledge, Pennsylvania, May 17, 2022. Hannah Beier | Reuters President-elect Donald Trump on Tuesday said he would nominate Dr. Mehmet Oz — celebrity TV host and former U.S. Senate candidate — as Centers for Medicare & Medicaid Services administrator. CMS operates or
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters Comcast is moving forward with the spinoff of its cable network channels, a person familiar with the matter told CNBC’s Julia Boorstin on Tuesday. The separation is expected to take about a year, and an announcement from the company could come as early as Wednesday, the person said. The company
The Senate Judiciary Committee convened on Tuesday for a hearing on the alleged Visa–Mastercard “duopoly,” which committee members from both sides of the aisle say has left retailers and other small businesses with no ability to negotiate interchange fees on credit card transactions. “This is an odd grouping. The most conservative and the most liberal members happen to agree that we have to do something about this situation,” committee chair
