CFTC Commissioner Believes Much of DeFi is Illegal
Commodity Futures Trading Commissioner Dan Berkovitz took a look at decentralized finance and found that it was “probably illegal”, as noted in his public statement. Berkovitz said...
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First Solar to Capitalize on Growing Demand for Alternative Energy to Build a $680 M Solar Facility
Plans are underway for a $680 million First Solar’s third facility in Ohio, according to the company's press release. The solar-panel maker will begin construction once required...
Coinbase Denies Involvement in Recovery of Colonial Pipeline Crypto Ransom
Cryptocurrency exchange platform Coinbase Global Inc. has denied any involvement in the recovery of the $2.3 million crypto ransom paid to hackers, an official said in a...
Surging Producer Prices in China Cuts into Business Profits
In May, China’s Producer Price Index increased by 9%, raising the cost of production while hurting business profits, according to data released by the National Bureau of...
How America’s Rich Sidestep Income Taxes
Multibillionaires Jeff Bezos, Carl Icahn , Elon Musk, Michael Bloomberg, George Soros had at least a year in history, when their federal income tax payment was equal...
Justice Departments Leads Agencies in Recovering $2.3M Paid to Colonial Hackers
U.S Justice Department and other federal agencies on Monday recovered 64 bitcoin valued at about $2.3 million paid to ransom attackers, according to Yahoo! Finance. The seized...
