Hong Kong Cracks Down Fake Crypto Exchange Using Elon Musk Deepfakes to Trick Investors

The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual assets and pretending to be Elon Musk.


Elon Musk's xAI Nears $18 Billion Valuation Following Major Funding Round Amid Rising Investor Interest

Elon Musk's xAI Corporation is approaching the end of a major investment round, with investors valuing the business at $18 billion...

FTX Bankruptcy: Refunds Expected for Most Customers, Excludes Crypto Gains

The plan, pending court approval, details that almost all customers will be reimbursed the funds they are owed, with some receiving amounts exceeding their original claims...

JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading

The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading...


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The SEC is illegally collecting data on all US stock market investors, according to a new lawsuit.
Trump Media Investors Finally See Uptick in Their Shares for 2 Straight Days
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US Treasury Warns Creditors Against Exploiting Aid to Developing Nations
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Goldman Sachs Appoints Head of Strategy and Investor Relations Carey Halio as Global Treasurer
Goldman Sachs has appointed Carey Halio, the head of strategy and investor relations, as its new global treasurer.
Moderna Pauses Kenya Plant Plan After Losing $1 Billion as COVID-19 Vaccine Demand Slumps
Moderna announced on Thursday that it has decided to halt its plans to construct a vaccine manufacturing facility in Kenya due to a decrease in demand for COVID-19 vaccines after the pandemic.
China to Remain the World's Top Engine for Global Economic Growth, ADB Says
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
Russia's Oil-Gas Giant Zarubezhneft Seeks to Invest in Vietnam's Offshore Wind Power
Russian oil-gas giant Zarubezhneft expressed its interest in expanding its presence in Vietnam by venturing into offshore wind power projects.
Donald Trump's Truth Social Stock Continues to Rapidly Fall, Wiping Out Billions of Dollars in Value
Shares of Trump Media & Technology Group, the social media company that former President Donald Trump recently took public, continue to rapidly fall.
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