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Business December 22, 2020

SEC suing Ripple over XRP sale; is the cryptocurrency a security?

Ripple CEO Brad Garlinghouse said Monday that the U.S. Securities and Exchange Commission (SEC) will be filing a lawsuit against the cryptocurrency firm. The firm’s co-founders Chris Larsen and Garlinghouse…

By – Jackie Allen
Latest news
Business December 22, 2020
FBI inks deal with ATT for FirstNet to connect 14,000 public safety agencies

The Federal Bureau of Investigation (FBI) expanded its use of FirstNet in a $92 million agreement with AT&T.…

By Jackie Allen
Business December 22, 2020
Who’s eligible for the stimulus check? and other questions answered

After nine months of failing negotiations, white house leaders and the senate finally reached an agreement regarding the…

By Rochdi Rais
Business December 21, 2020
SEC charges Decision Diagnostics, CEO Keith Berman with fraud over COVID-19 blood testing device

Decision Diagnostics Corp., a biotechnology company based in California, and its CEO Keith Berman, are facing fraud charges…

By Marivic Cabural Summers
Business December 20, 2020
Elon Musk’s twitter account hacked? Dogecoin jumps 20% after his tweet

The Dogecoin cryptocurrency hit a 20% increase on Sunday. Following a tweet by  Elon Musk. The billionaire businessman’s…

By Rochdi Rais
Business December 19, 2020
Russian BTC-e operator Alexander Vinnik appeals 5-year prison sentence in Paris

The defense team of Alexander Vinnik, the Russian founder and operator of the now-defunct BTC-e cryptocurrency exchange who was…

By Dee Dulfo
Business December 19, 2020
U.S. Treasury pushes stronger rules on crypto wallet to deter criminals; Opposition mounts

The U.S. Treasury Department is pushing for new rules that seek to make convertible cryptocurrencies like bitcoin less attractive…

By Dee Dulfo
Business December 17, 2020
Home Depot to pay $20.75 million penalty for violating EPA rule on renovations involving lead paint

The Home Depot reached a settlement agreement with the U.S. Environmental Protection Agency (EPA) and the Department of…

By Marivic Cabural Summers
Business December 17, 2020
Robinhood to pay $65M fine to settle SEC charges for misleading customers

Robinhood Financial LLC agreed to pay a penalty of $65 million to settle the charges of the Securities…

By Marivic Cabural Summers
Business December 17, 2020
Bitcoin hits the $23,000 mark and reaches $1 billion trading volume!

A day after topping the $20,000 mark for the first time, Bitcoin hits another all-time high new record of…

By Rochdi Rais
Business December 16, 2020
SEC charges Luckin Coffee of accounting fraud; Company to pay $180M to resolve the suit

Luckin Coffee (OTC: LKNCY), the China-based company sued by the U.S. Securities and Exchange Commission (SEC) of accounting…

By Marivic Cabural Summers

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