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The Latest Breaking News from SEC

Stock Market Today: Dow Dives 748 Points as UnitedHealth Sells Off

A services-sector contraction and a worse-than-anticipated consumer sentiment reading sent bulls scrambling Friday.

Kiplinger

Should You Buy, Sell, or Hold COIN Stock as Coinbase Trumps the SEC?

Coinbase stock is down despite the SEC agreeing to dismiss its lawsuit against the crypto firm on Friday. Analysts believe COIN shares are worth owning at current levels.

Barchart

Men’s College Basketball Watchability: Race for the Final No. 1 Seed Heats Up

Time is running out to secure a spot behind the top three teams in the country, but Saturday’s action could provide some clarity.

Sports Illustrated

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Top US mineral firm hit by cyberattack that saw thieves steal $500,000

The company is trying to recover the lost funds, but it may be out of luck.

TechRadar

Trump Media board approves an investment fund to explore acquisitions

Trump Media wants to add more businesses in what it calls the “America First Economy,” according to an SEC filing.

Fortune

Coinbase says SEC agrees to right ‘major wrong’ and dismiss consequential lawsuit against crypto exchange

The regulator sued the U.S.’s most prominent crypto exchange in June 2023 for allegedly flouting securities laws.

Fortune

US government reveals new cybercrime unit targeting AI fraud, crypto and other scams

The SEC wants to tackle cyberthreats which use new and emerging technologies such as AI and machine learning.

TechRadar

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Men’s Bracket Watch: Examining Oklahoma and Bubble Teams With Weak Conference Records

With three weeks left in the regular season, opportunities for statement wins are dwindling for a host of perennial NCAA tournament squads.

Sports Illustrated

Figure gains SEC approval for first interest-bearing stablecoin launch

It’s the first time the regulator has approved the registration of an interest-bearing stablecoin as a public security.

Fortune

Binance Faces $81.5 Billion Lawsuit In Nigeria Over Alleged Economic Harm: Report

Nigeria wants Binance to pay a total of $81.5 billion in economic damages and unpaid taxes, as per a new report. The lawsuit comes as the crypto exchange giant grapples with earlier legal complaints, including accusations of money laundering and tax evasion.

International Business Times

This Country Just Launched the World's First XRP ETF—and It's Not the US

Ripple XRP prices surged to £2.14 as Brazil beat the US to officially approve the launch of the Hashdex Nasdaq XRP Index Fund on the B3 stock exchange.

International Business Times UK

$XRP Surges After US President Posts Article About 'Trump Effect' On Ripple

$XRP was up over 7% in the day after U.S. President Donald Trump posted an article on Truth Social that some $XRP Army members deemed was an "endorsement" of Ripple and the $XRP token.

International Business Times

Lee Enterprises blames cyberattack for encrypting critical systems as US newspaper outages drag on

Newspaper printing firm is now in its third week of recovering from the assault.

TechRadar

Trump signs order making independent regulators answerable to White House

Executive power grab would affect Securities and Exchange Commission and Federal Trade Commission

The Guardian - US

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PC Gamer

GameStop announces plans to sell off French and Canadian outlets, while its CEO yells about 'Wokeness and DEI' in bizarre, self-defeating promotion

More than 500 stores affected.

International Business Times

$XRP ETFs Can Deliver $800M In Week 1 Positive Flows If Approved

The SEC has acknowledged some $XRP ETF filings, driving hopes for what was once a true challenger to Bitcoin and Ethereum – but the question is, will they get approved for trading?

The National (Scotland)

Glasgow City Council urged to intervene in Jordan Peterson's Hydro show

GLASGOW City Council should explain why it is allowing Dr Jordan Peterson to host a show at the Hydro later this year, the Scottish Greens have said.

The Independent UK

Elon Musk’s newest target is the regulator that fined him $20m and is still investigating him

Musk is targeting the SEC, which is currently investigating him and fined him millions of dollars for past violations

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Sports Illustrated

Forde Minutes: NCAA Tournament Expansion Talk Is Back and Worse Than Ever

Plus, disappointing men’s basketball teams, a check-in on the freshman class and what to watch this week in the SEC.

Sports Illustrated

This Week's Big Ten–SEC Meeting Could Shape Future of College Football Playoff

The biggest action item in the closed-door sessions will surround where the two leagues stand on the CFP’s structure, format and timing.

Sports Illustrated

John Calipari Goes on Angry Rant Following Arkansas Loss to Texas A&M

The Razorbacks head coach wasn't thrilled after his team lost their 8th SEC game of the season.

Top News

Crypto Industry Pushes For New Legislation Amid Political Shifts

Crypto industry reacts to new congressional working group for regulation, emphasizing urgency for clarity and industry influence in politics.

The Independent UK

Emboldened crypto industry seeks to cement political influence and mainstream acceptance

The cryptocurrency industry is emboldened, impatient and eager to cement its influence in politics and mainstream financial systems

Sports Illustrated

Auburn Trolls Alabama for 'Little Brother' Chants With Wild Video After Iron Bowl Win

The turnaround on this clap-back was fast.

Sports Illustrated

Auburn-Alabama Matchup Showcases SEC As More Than a Football Conference

The rivalry showdown between the top two teams in the country lived up to the hype and highlighted how the SEC is the top men’s hoops league in the country.

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