After a historic presidential debate replete with discourse about eating pets, Taylor Swift ended the evening with a bang. Arguably the most powerful figure in American pop culture, the singer-songwriter chose debate night to announce on Instagram that she plans to vote for Kamala Harris in the presidential election. Swift’s endorsement is monumental. She holds […]
Vinicius Jr Not In Favour Of Spain Hosting 2030 FIFA World Cup, Cites 'Racism' Issue
Brazilian striker Vinicius Junior has called for Spain to be stripped of its 2030 World Cup hosting duties unless it makes progress on the issue of racism in stadiums. The Real Madrid star, who has repeatedly been the victim of racist abuse from opposition fans at La Liga matches, said during an interview broadcast on […]
A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to convert the company’s debt reorganization Chapter 11 bankruptcy into a liquidation Chapter 7, according to court documents. The trustee wrote that the need for […]
Reddit cites r/WallStreetBets as a risk factor in its IPO filing
As Reddit finally files to go public, the company wrote in its S-1 filing that “meme stock” schemes on r/WallStreetBets could pose a risk to investors. The subreddit r/WallStreetBets, a community of retail traders with 15 million members, describes itself as being “like 4chan found a Bloomberg Terminal.” It’s most well known for coordinating a […]
Coinbase cites stablecoins, Base as key 2024 priorities after crushing Q4 estimates
After disclosing better-than-expected financial results in its fourth quarter earnings report, U.S.-based Coinbase has big plans. The second largest crypto exchange told its investors that intends to lean heavily on its work with the popular USDC stablecoin this year, lever its recently launched layer-2 blockchain Base as a way to experiment with and improve blockchain […]