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Cryptocurrencies
South Korean Lawmaker Cleared in High-Profile Crypto Scandal
A South Korean lawmaker, Kim Nam-kuk, was recently cleared of allegations that he “concealed” cryptocurrency assets. The case centered on whether South Korea’s laws at the time of the alleged concealment required him to declare his holdings. According to latest report from South Korean l...Bitcoinist
Tue, Feb 11
Cryptocurrencies
Jailed crypto fraudster will pay $1.5m in restitution per CFTC
Former Deutsche Bank investment banker and registered broker Rashawn Russell has been ordered to pay $1.5 million in restitution to victims of a digital asset trading scheme. Russell has already been sentenced to 41 months in prison for fraud and other offenses. The broker solicited Bitcoin, Ether and fiat currency from at least 29 retail investors in […]Cryptopolitan
Tue, Feb 11
Economic Indicator
Europe looks to embrace AI at Paris summit's 2nd day while global consensus unclear
Macron says France has clean energy for AI's power needsUS stance on AI summit statement remains uncertainEuropean Commission to announce new AI strategyBy Jeffrey Dastin and Elizabeth Howcroft Feb 11 (Reuters) - World leaders gathered on Tuesday for the second day and plenary session of the ...Reuters
Tue, Feb 11
Cryptocurrencies
Ethereum Price Faces Headwinds: Can Bulls Regain Control?
Ethereum price is attempting to recover from the $2,500 zone. ETH might gain bullish momentum if it clears the $2,740 resistance zone. Ethereum started a fresh decline below the $2,700 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There is a connecting bearish tr
NewsBTC
Tue, Feb 11
Commodities
REFILE-Ukraine drone attack damages 'industrial facility' in Russia's Saratov, regional governor says
Refiles to say Tuesday, not Wednesday, in paragraph 1Feb 11 (Reuters) - A Ukrainian drone attack damaged an 'industrial facility' in Russia's Saratov region, the regional governor said early on Tuesday. "According to preliminary information, there are no casualties," the governor...Reuters
Tue, Feb 11
Forex
USD/CAD holds gains near 1.4350 amid escalating trade tensions
USD/CAD strengthened due to rising trade war tensions as Trump expanded tariffs on steel and aluminum imports. President Trump raised import duty on steel and aluminum imports to a flat 25% without exceptions or exemptions. Canada’s Industry Minister condemned the tariffs as “totally unjustified” an
Fxstreet
Tue, Feb 11
Other
OpenAI CEO says board will reject Musk's $97 billion offer, the Information reports
Feb 10 (Reuters) - OpenAI CEO Sam Altman told staff in a message that the company's board of directors intends to make clear it has no interest in Elon Musk's "supposed bid", the Information reported on Monday.Earlier in the day, a consortium led by Musk offered $97.4 billion to buy ...Reuters
Tue, Feb 11
Other
BRIEF-Sera Prognostics Prices Public Offering At $4.00 Per Share
Feb 10 (Reuters) - Sera Prognostics Inc SERA.O:SERA PROGNOSTICS ANNOUNCES PRICING OF $50 MILLION PUBLIC OFFERINGSERA PROGNOSTICS INC - PRICES PUBLIC OFFERING AT $4.00 PER SHARESource text: ID:nPn4KNv68aFurther company coverage: SERA.OReuters
Tue, Feb 11
Other
BREAKINGVIEWS-China’s EV laggards grasp at a new roadmap
The authors are Reuters Breakingviews columnists. The opinions expressed are their own.By Katrina Hamlin and Ka Sing Chan HONG KONG, Feb 11 (Reuters Breakingviews) - China's automotive industry might soon embark on much-needed consolidation. Carmakers Dongfeng Motor 0489.HK and Chongqing Chan...Reuters
Tue, Feb 11
Other
Indian space tech firm Digantara eyes $30 million revenue with US expansion
By Nivedita Bhattacharjee BENGALURU, Feb 11 (Reuters) - Indian space tech firm Digantara said on Tuesday it is targeting $25 million to $30 million in revenue over the next two years by expanding into the U.S., aiming to secure large-scale defense contracts and tap into the $60 billion space surv...Reuters
Tue, Feb 11
Cryptocurrencies
Ethereum Short Positions Surge 500% In 3 Months – What’s Behind The Bearish Sentiment?
Ethereum (ETH), the second-largest cryptocurrency by reported market cap, is facing unprecedented short selling from hedge funds. Notably, short positions in ETH have soared by 500% since November 2024, indicating heightened bearish sentiment toward the digital asset. Institutional Investors Losing ...NewsBTC
Tue, Feb 11
Other
Justice Department orders New York Mayor Eric Adams charges to be withdrawn
Memo cites Donald Trump's immigration crackdownMayor charged with accepting bribes from Turkish officialsAdds details from memorandum in paragraphs 2-4, 8-11; adds background in paragraphs 13-25By Sarah N. Lynch, Luc Cohen and Jack Queen WASHINGTON/NEW YORK, Feb 10 (Reuters) - The Justice Dep...Reuters
Tue, Feb 11
Stocks
BUZZ-Australia's Structural Monitoring Systems gains on product getting U.S. nod
** Structural Monitoring Systems SMN.AX rises 1% to A$0.485** Stock climbed as much as 3.1% earlier in the day, marking its biggest intraday pct gain since January 23** Electronic products manufacturer's unit gets approval for its MTP136D Panel-Mount Forest Service Radio from the United States F...Reuters
Tue, Feb 11
Cryptocurrencies
Softbank seeks financing for $500 billion Stargate project
SoftBank is seeking project financing to support its $500 billion Stargate Project with OpenAI through a collaborative effort. According to a Bloomberg report, SoftBank and its partners—OpenAI, Oracle Corp., and Abu Dhabi’s MGX—may opt for a financing strategy that would enable them to spend only 10% of the total project cost through equity while leveraging […]Cryptopolitan
Tue, Feb 11
Other
US whistleblower office chief temporarily reinstated after alleging improper firing
Judge temporarily reinstates Office of Special Counsel headCourt considers longer-term order Agency head Dellinger says his removal by Trump administration was unlawfulTrump administration intends to appealAdds Trump administration notice of appealBy Andrew Goudsward WASHINGTON, Feb 10 (Reuters) ...Reuters
Tue, Feb 11
Other
Watchdog warns Trump's gutting of USAID leaves $8.2 bln unspent aid with no oversight
USAID staff cuts hamper oversight, OIG saysUncertainty persists over scope of humanitarian waiversOIG warns USAID unable to safeguard remaining aidBy Humeyra Pamuk WASHINGTON, Feb 10 (Reuters) - The Trump administration's move to gut the U.S. Agency for International Development (USAID) has c...Reuters
Tue, Feb 11
Other
Falling US flu vaccine rates hurt Australia's CSL profit growth
Adds additional quotes from CEO and contextBy Christine ChenFeb 11 (Reuters) - Australian biopharmaceutical company CSL said on Tuesday that falling immunisation rates in the U.S., its largest market, weighed on its vaccine sales and first-half profit growth, sending its shares lower.CSL, the world...Reuters
Tue, Feb 11
