Tether, the company behind the popular stablecoin USDT, has set its sights on becoming the majority owner of Juventus, a well-known Italian soccer club. This move comes after Tether already bought a smaller share of the team earlier this year. The offer is all in cash, aiming to buy 65. 4% of the sh
GigaCloud Technology (GCT) has been making waves in the cloud tech industry, recently hitting a new 52-week high. This company, valued at $1. 42 billion, is known for its global end-to-end B2B technology solutions. It connects manufacturers, mainly in Asia, with resellers in the U. S. , Asia, and Eu
In today's world, it feels like every few weeks, someone's personal information is exposed. It could be a store, a hospital, or even a travel website. People are frustrated because they feel like they have no control over their data. But there's a new technology that might change this. It's called z
Greece has made an impressive turnaround. Just a decade ago, it was on the brink of financial disaster. Today, it's leading the way in Europe's financial affairs. Kyriakos Pierrakakis, Greece's finance minister, has been chosen to head the Eurogroup. This group is made up of finance ministers from c
The U. S. Treasury is stepping up its game to keep an eye on money services businesses. This move comes after a big fraud case in Minnesota, where COVID relief funds meant for school kids' meals went missing. Over 77 people, many from the Somali community, are facing charges for this scam. The Trea
China Resources Mixc Lifestyle Services Ltd. is catching the eye of financial experts. A recent report from CMB International Securities kept their positive outlook on the company. They believe the stock is a good buy, setting a target price of HK$51. 84. This isn't just one person's opinion. Many a
Pakistan is making moves to bring in major crypto exchanges like Binance and HTX. The country's Virtual Assets Regulatory Authority (PVARA) has given these platforms the green light to start setting up shop. This isn't a full license yet, but it's a big step forward. The PVARA has issued something
A new group called the Coalition for Prediction Markets (CPM) has just been formed. It includes big names like Crypto. com, Kalshi, Coinbase, Robinhood, and Underdog. Their main goal? To make sure prediction markets are safe, clear, and follow federal rules. Why is this important? Well, prediction
In the bustling financial hub of London, a new player has emerged, making waves in the investment world. Ilex Capital Partners, founded by former Citadel traders Jonas Diedrich and Dave Sutton, has swiftly grown to manage an impressive $7 billion. This growth is not just from new investments but als
November was a month of ups and downs for hedge funds. Despite a rough start with tech stocks taking a hit, big names like Citadel, Balyasny, and Point72 still managed to make gains. Citadel, based in Miami and led by billionaire Ken Griffin, saw its main fund, Wellington, rise by 1. 4%. This bring
