Tag Archives: Biggest

(Bloomberg) — Grayscale Investments LLC and the New York Stock Exchange filed to convert the world’s biggest Bitcoin fund into an ETF, appealing to regulators for approval just as its wildly popular vehicle is beset with competition. Most Read from Bloomberg The application to flip the $40 billion Grayscale Bitcoin Trust (ticker GBTC) landed on the same day that the ProShares Bitcoin Strategy ETF (BITO) debuted, becoming the first exchange-traded fund in the U.S. investing in futures on the… Source link

Late Monday night, Google filed for a court order to produce documents from longtime Google critic Luther Lowe, as part of its ongoing federal antitrust case, US vs. Google. The motion arises from an apparent breakdown in negotiations between Google and Lowe’s employer, Yelp. Yelp has agreed to document production from a number of its employees, but has resisted on Lowe in particular, leaving Google to ask the court for a subpoena that would compel email archives and other documents.

Kiyosaki: ‘Biggest crash in world history’ hits in October — 3 ways to protect yourself The looming default of Evergrande — the second largest property developer in China — continues to send nervous vibes across global markets. And “Rich Dad Poor Dad” author Robert Kiyosaki is predicting a major crash because of it. “HOUSE of CARDs coming down. Real estate crashing with stock market,” Kiyosaki tweeted last week. “China’s Evergrande Group cannot pay. Valuation of properties… Source link

(Bloomberg) — Most Read from Bloomberg Bitcoin jumped, rising in a matter of minutes to its biggest daily gain since July, and other digital currencies surged in a shock rally that followed the largest monthly decline since May. The largest cryptocurrency by market value rose as much as 10% to $47,884 early in New York trading before paring gains. Ethereum, Litecoin and EOS also jumped, with the Bloomberg Galaxy Crypto Index rising as much as 8.9%. Bitcoin had slumped 7.6% in September amid… Source link

Julian Assange after his arrest in 2019. Photo: Jack Taylor/Getty Images In 2016, WikiLeaks founder Julian Assange released hacked Democratic Party emails that were widely credited with boosting President Trump’s underdog campaign. But if Assange thought that meant he would receive more generous treatment from the U.S. once… Source link

Vaccinating Americans with their first or second shots is more urgent than giving boosters, according to one infectious disease expert, given that unvaccinated individuals generally experience the worst outcomes when infected with COVID-19. “What I’m seeing here on the ground level in Alabama and other areas with low vaccination is that a lot of the morbidity, a lot of the bad outcomes, are not in individuals who lack a booster,” Dr. Ellen Eaton, assistant professor at the University of… Source link

The biggest fear investors should have with the crisis gripping overly indebted Chinese real estate developer Evergrande is global contagion, argues Goldman Sachs.  “The danger is precisely the contagion effect, should a default occur without clear ‘ring-fencing’ of spillovers to other parts of the real economy or financial sector. Events over the past week suggest risks of inching toward that direction,” said Goldman Sachs Hui Shan in a research note on Monday.  Shan points out that he is… Source link

As the full implications of Texas’s SB 8 abortion law come into view, internet infrastructure companies have become an unlikely focal point. Multiple hosting and domain registration providers have declined to offer services to an abortion ‘whistleblower’ site for violating terms of service related to collecting data about third parties. The site, which aims to collect tips on people who have received, performed or facilitated abortions in Texas, has been down for more than a week.

As the full implications of Texas’s SB 8 abortion law come into view, internet infrastructure companies have become an unlikely focal point. Multiple hosting and domain registration providers have declined to offer services to an abortion ‘whistleblower’ site for violating terms of service related to collecting data about third parties. The site, which aims to collect tips on people who have received, performed or facilitated abortions in Texas, has been down for more than a week.

Russian tech company Yandex said a cyberattack on its servers this summer was the largest known distributed denial-of-service (DDoS) attack in the history of the Internet. In a September 9 blog post, Yandex said it had identified a powerful new botnet, a network of computers infected with malware and controlled without the owners’ knowledge, that has also carried out DDoS attacks in other countries. A DDoS attack is a hacking attempt to disrupt the traffic of a targeted server or network… Source link