Coinbase Global Inc. will push for legislative solutions on crypto rules as it fights a lawsuit by the Securities and Exchange Commission alleging that the company operates an unregistered securities exchange, the firm’s chief legal officer said.
Binance.US added four lawyers from Milbank LLP, including a former co-director of the Securities and Exchange Commission’s enforcement division, George Canellos, as the beleaguered crypto platform prepares its defense against US allegations of operating an illegal securities exchange.
Nasdaq Inc. agreed to buy financial-software maker Adenza from its private equity owners in the exchange operator’s biggest-ever deal.
The Federal Trade Commission plans to sue Microsoft Corp. in federal court Monday to block the company from closing its $69 billion acquisition of Activision Blizzard Inc, according to a person familiar with the matter.
Grubhub will lay off roughly 15% of its workforce as the food-delivery service seeks to cut rising costs, the company said on Monday.
Tesla Inc.’s charging technology won more backers as a handful of players in the electric-vehicle power industry said they would offer compatible equipment, further solidifying the automaker’s system as the US standard.
The hackers responsible for the MOVEit cyberattack downloaded confidential information from UK communications regulator Ofcom about companies it regulates, as well as its own employees — adding to a string of victims which includes IAG SA’s British Airways and the British Broadcasting Corporation.
The passing of Silvio Berlusconi may trigger a wide-scale redrawing of his business empire just as it sets off another front to consolidate political power in Italy.
Mike Novogratz’s Galaxy Digital Holdings has won the dismissal of a BitGo lawsuit over its abandoned $1.2 billion acquisition of the crypto custodian.
WATT Renewable Corp. aims to raise as much as $100 million by the end of 2024 to expand its business of providing solar power, mainly to telecommunications towers in Nigeria.
