Thursday, July 24, 2025

Dow Falls as Intel Stock Crashes, Stimulus Talks Grind to a Halt

The Dow Jones dropped 80 points Friday.Stimulus talks are deadlocked as surging U.S. coronavirus cases threaten the recovery.Intel stock’s losses were a major drag on the Dow.The Dow Jones slipped on Friday, as Intel’s crash weighed on the index. Deadlocked stimulus negotiations and surging coronavirus cases were additional concerns for

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Vortex Blockchain’s Registration Revoked for Failure to File Reports With SEC

The Securities and Exchange Commission said it accepted a settlement offer by Vortex Blockchain Technologies to have its registration revoked for failing to file any periodic reports with the commission since Dec. 31, 2019.Vortex, which is incorporated in Nevada and headquartered in Des Moines, Iowa, is “a crypto asset holdings

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What It Means if Companies Like Twitter Are ‘Systemically Important’ to Financial Regulators

When I first suggested Systemically Important Social Media Institutions (SISMIs) were the social media parallel to Systemically Important Financial Institutions (SIFIs), I did not expect the theory to be picked up by financial regulators.As it turns out, the New York Department of Financial Services (NYDFS) essentially agrees with the argument,

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Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’

Chinese officials are cracking down on tether trades. The CME bitcoin futures exchange is heating up, signalling institutional interest. And Kik’s kin token will continue development following a $5 million SEC settlement. Top shelfRipple, across the pondRipple CEO Brad Garlinghouse has given more insight on the company’s possible move away from the

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