AI
Skyworks Qorvo Merger Closes With $500M Synergy Target
Skyworks completed its Qorvo merger, setting a $500 million annual cost-savings target while investors await combined guidance on November 3.
News
Markets
Dangote Refinery IPO Opens Kenya Access Through NSE GDR
Kenya’s CMA approved a GDR route into the Dangote refinery IPO, but NSE trading still depends on allocation and Nigerian approval.
Latest
U.S. Diesel Tax Relief Targets $6.38-a-Gallon Prices
U.S. diesel tax relief could defer 24.4 cents per gallon through December 31 as national prices hold at $6.38 and states weigh action.
News
Circle’s CFO to Step Down With $1.05M Exit Deal as Co-Founder Resigns
Circle’s CFO will receive $1.05 million under a conditional exit agreement as co-founder Sean Neville resigns from the board.
Crypto
CFTC Sues Cash FX Group Over Alleged $950M Forex Investment Scheme
The U.S. Commodity Futures Trading Commission (CFTC) has sued Cash FX Group and three individuals over an alleged $950 million foreign-exchange investment scheme that used cryptocurrency to collect funds from participants. The agency filed its complaint on Sep. 25 in federal court in Florida, alleging that the operation involved more than 400,000 customer accounts and […]
Crypto
Circle Foundation Grants Support UNDP and WFP Stablecoin Tests
Circle Foundation has awarded two grants to support digital payment initiatives by the United Nations Development Programme (UNDP) and World Food Programme (WFP), with the organizations set to examine how regulated stablecoins and other digital payment methods could improve development and humanitarian funding. The foundation announced the grants on Sept. 25, saying the funding will […]
Latest
Bitcoin, Ethereum Eye Market Shift as US-Iran Talks Revive Hormuz Hopes
Bitcoin and Ethereum remained relatively close to their recent highs as renewed diplomatic efforts between the United States and Iran brought the possible reopening of the Strait of Hormuz back into focus. Tehran’s foreign minister Abbas Araghchi announced on Thursday that the country made a seven-day proposal to the U.S. government via intermediaries. According to […]
News
Bitget Hack: $351.6M Vanishes as North Korea Suspected Behind Breach
Bitget reports a $351.6 million wallet hack, suspects North Korea-linked attackers and says its protection fund covers the losses.
News
Bitwise Lighter Staking ETP Launches on Deutsche Börse Xetra
Bitwise Lighter Staking ETP debuts on Xetra with physical LIT backing, a 0.85% annual fee, and staking rewards dependent on asset growth.
News
U.S. Seized FTX Wallet Moves Chainlink to Coinbase Prime
A U.S. seized FTX-linked wallet reportedly moved 98,590 LINK worth $768K to Coinbase Prime, raising market attention.