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The latest Tesla lawsuit involves a fatal 2023 accident in Washington where a Model 3’s defective door handles trapped occupants during a fiery crash, leading to one death and severe injuries. Filed in U.S. District Court, it accuses Tesla of negligence in design and failure to address known fire and acceleration risks. Tesla Model 3 […]
Alt5 Sigma faces potential SEC scrutiny for allegedly misreporting CEO Peter Tassiopoulos’s suspension by over six weeks, linked to its role in the Trump family’s World Liberty Financial crypto project. This discrepancy could violate federal disclosure rules, raising concerns about transparency in cryptocurrency ventures. Alt5 Sigma notified the SEC of the CEO suspension on October […]
The Trump administration is actively considering lifting restrictions to allow Nvidia’s H200 AI chips to be exported to China, marking a potential shift in U.S. policy on advanced semiconductors amid ongoing trade discussions. This move balances national security concerns with economic opportunities, as talks focus on intermediate technology levels without compromising cutting-edge capabilities. U.S. officials […]
Robert Kiyosaki sold his Bitcoin holdings worth $2.25 million at around $90,000 per BTC, originally bought years ago at $6,000, to reinvest in businesses generating tax-free income. He remains bullish on Bitcoin, planning to buy more with future cash flow while forecasting $250,000 by 2026. Kiyosaki’s Bitcoin sale: Sold at $90,000 for $2.25 million profit […]
Palantir CEO Alex Karp sold 585,000 PLTR shares for approximately $96 million on Thursday, shortly after criticizing short sellers for targeting his company’s stock through put options, which he labeled as market manipulation and outrageous behavior. Share sale timing: Karp’s transaction followed his public defense of Palantir’s valuation amid rising stock performance. Palantir’s role in […]
Crypto tax policy remains a priority for the industry in 2025, with nonprofits like the American Innovation Project hosting dinners to educate lawmakers on clarity needs. Key pushes include de minimis exemptions for small transactions and favorable staking reward treatments, aiming for executive and legislative advancements under the Trump administration. The American Innovation Project organized […]
The Bitcoin death cross occurs when the 50-day exponential moving average crosses below the 200-day average, signaling a shift to bearish momentum. As BTC drops to a seven-month low near $80,000 amid reduced Federal Reserve rate cut expectations, the broader crypto market has lost nearly $60 billion in value, reaching $2.91 trillion. Bitcoin confirms death […]
UNI whale capitulation has intensified following the recent Unification proposal, with major holders selling off holdings amid a price drop from $10.2 to $6.4, signaling bearish sentiment in the Uniswap ecosystem. Dormant whale sells 512k UNI after 4.5 years, booking $11.65 million loss. Whale activity surged post-proposal, shifting from buys to heavy sells. Exchange netflows […]
The Ethena Labs and Nunchi partnership launches nHYPE, a liquid staking token (LST) that converts locked Hyperliquid HYPE bonds into tradable ERC-20 assets. This enables community participation in HIP-3 market deployments while maintaining liquidity and earning rewards like cHIPs and yields, set for November 28. nHYPE solves capital lockup in Hyperliquid’s HIP-3 framework by tokenizing […]