Business

Barbara Taylor Bradford, ‘A Woman of Substance’ Novelist, Dies at 91

Her own rags-to-riches story mirrored those of many of her heroines, and her dozens of books helped her amass a fortune of $300 million.Barbara Taylor Bradford, one of the world’s best-selling romance novelists, who captivated readers for decades with chronicles of…

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‘Wicked’ and ‘Gladiator II’ Jump-Start the Box Office, but at a Cost

Battling a 27 percent decline in domestic ticket sales compared with before the pandemic, studios left no marketing drum unthumped in releasing the movies.Hollywood was back this weekend to where it desperately hungers to be — at the center of global…

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Trump Reportedly Plans to Name Pro-Crypto Hedge Fund Manager Scott Bessent as Treasury Secretary

U.S. President-elect Donald Trump is close to naming hedge fund manager Scott Bessent, a cryptocurrency enthusiast, as his pick for Treasury Secretary, according to Bloomberg and other media outlets. If the Senate confirms him, the next person whose signature adorns U.S.…

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Another SEC Democrat to Drop Out, Leaving Republicans Running Agency by February

The sudden resignation announcement of a second Democrat from the U.S. Securities and Exchange Commission, Jaime Lizárraga, could give Republicans a boost as they start work changing the agency's policy direction. Lizárraga's announcement comes a day after Chair Gary Gensler said…

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Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet

Popular memecoin Dogecoin (DOGE) jumped 5%, returning to multi-year highs hit earlier this month following fresh speculations on Elon Musk-owned social app X's long-anticipated payments service. Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile.…

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Coinbase App Gets Left Behind as Memecoin Craze Drives Traders On-Chain

Phantom, a decentralized crypto wallet, has overtaken Coinbase (COIN) in the Apple App Store rankings, reflecting an on-chain shift as traders embrace high-risk memecoins. TikTok videos are teaching people how to navigate wallets that are harder to use than centralized exchanges…

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First Mover Americas: Rotation to Altcoins Has Started With Gensler’s Exit Date Set

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices 'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor…

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Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’

Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.…

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Cardano’s ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B

Cardano's ADA hit the highest level since May 2022. On-chain activity shows large traders are participating in the price rally. Bitcoin Nears $100K as BTC Battles Pullback with Bullish Sentiment The Comeback of Bitcoin Programmability Like 'Renaissance': Portal VC Founder Trump…

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Chuck Scarborough to Step Down as WNBC News Anchor After 50-Year Career

The celebrated broadcaster, who started at the station in 1974, announced that he will wrap up his anchoring career on Dec. 12.Chuck Scarborough, the broadcaster who for 50 years brought New Yorkers news of blizzards, financial collapses, terror attacks and assassinations,…

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U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto

The U.S. District Court for the Northern District of Texas has ordered the Securities and Exchange Commission to throw out its so-called "dealer" rule, finalized in February. Crypto industry groups had sued the agency, arguing its rule marked an inappropriate stretch…

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Payments Giant Stripe Brings Crypto Services to Aptos as Circle’s USDC Stablecoin Launch on the Network

Payments firm Stripe is expanding its crypto products to layer-1 blockchain Aptos (APT) and stablecoin issuer Circle plans to bring its flagship stablecoin, USDC, to the network, ecosystem development organization Aptos Foundation told CoinDesk on Thursday. Until now, USDC has been…

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CoinDesk 20 Performance Update: BCH Gains 13.1%, Leading Index Higher from Wednesday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3081.58, up 4.8% (+141.11) since 4 pm on Wednesday. Seventeen of 20 assets are trading…

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Mastercard and JPMorgan Link Up to Bring Foreign Exchange on the Blockchain

The collaboration is to enhance B2B cross border payments “providing greater transparency and faster settlement as well as reducing time zone friction.” By integrating Mastercard MTN's connectivity with Kinexys Digital Payments, mutual customers of MTN and Kinexys will be able to…

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First Mover Americas: Bitcoin at $100K Sounds Nice, but Expect Pullback

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Ether ETFs Saw Biggest Outflows Since July Bitcoin Breaks $64K While…

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Sui Network Back Up After Scheduling Bug Leads to Two-Hour Downtime; SUI Recovers

Sui Network (SUI), a relatively new blockchain, experienced an unexpected two-hour outage on Thursday. Sui's downtime was caused by a bug in its transaction scheduling logic, which led to its validator network crashing. The issue has now been resolved, the network…

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Futures Open Interest on CME Surpasses 215K Bitcoin for the First Time as BTC Eyes $100K

Bitcoin futures open interest on the CME exchange has hit 218,000 BTC ($21.3 billion). The cryptocurrency's market cap is closing in on a historic $2 trillion. CME growth is largely coming from active and direct participants, K33 research says. Bitcoin Breaks…

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Chillguy Creator Threatens Legal Action as Crypto Trenches Scour TikTok

Phillip Banks, the creator of the "Chill Guy" meme, said he's copyrighted the character and plans to issue takedown notices for any for-profit use. Notable figures in the crypto community responded by humorously suggesting Banks accepts tokens or money through a…

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BitGo Launches Singapore Services, Eyes Other Crypto-Friendly Regions in Asia

US digital asset infrastructure provider BitGo has officially launched BitGo Singapore. Although the company has operated in the city for several years, it will now offer a wider range of services for institutions. It follows the Monetary Authority of Singapore issuing…

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