A Looming Threat to Bitcoin: The Risk of a Quantum Hack
Crypto executives urge better encryption technology as a safeguard against a potential attack powered by quantum computing.
The Investing Cult Fueling MicroStrategy's Ascent: 'Have Fun Staying Poor'
The rally has been propelled by a group of rabid followers who are mixing songs, pouring whisky and spending hundreds of hours researching the stock.
SEC Says Deutsche Bank to Pay $4 Million Over Subsidiary's Reporting Practices
The Securities and Exchange Commission said Deutsche Bank agreed to pay a $4 million penalty to settle charges made against its subsidiary regarding certain reports that weren't filed in a timely manner.
Rumble Gets $775 Million Investment From Crypto Firm Tether
Video platform Rumble said it entered an agreement for an investment from the cryptocurrency company Tether.
UBS Fined $3.5 Million for Alleged Lax Supervision of Short-Term Trading
At least 22 representatives or teams frequently traded preferred stocks intended as long-term income vehicles, Finra alleges.
Three Big Banks Sued by CFPB Over Zelle Scams
The agency says JPMorgan, Bank of America and Wells Fargo didn't do enough to protect users from fraud.
Cleveland Fed's Hammack Says Dissent Was 'Close Call' but Policy Should Stay Restrictive
Cleveland Fed President Beth Hammack said that her vote in favor of skipping a rate cut at the central bank's meeting this week was based on her view that monetary policy needs to stay restrictive to control inflation.
FDIC Suspends Bonuses for Senior Officials Under Investigation for Misconduct
The move follows an earlier Wall Street Journal investigation that revealed a toxic and sexualized workplace culture at the bank regulator.
Italian Privacy Watchdog Fines OpenAI $15.5 Million Over ChatGPT Data Use
Italy's Data Protection Authority said that it fined OpenAI over its use of personal data to train its flagship ChatGPT service.
You're Invited to Wall Street's Private Party. Say You're Busy.
Small-time investors may soon gain easier access to so-called private markets. That usually means higher fees, greater risk, more conflicts of interest and a harder time selling.
(END) Dow Jones Newswires
December 23, 2024 00:00 ET (05:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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