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Former Deutsche Bank exec pleads guilty over ‘R3 Crypto Fund’ scheme
Rashawn Russell faces up to 30 years in prison for his role in the fraudulent cryptocurrency trading scheme. A former Deutsche Bank investment banker, who was charged earlier this year in relation to a fraudulent cryptocurrency trading scheme, has pleaded guilty to investment fraud — and could face up to 30 years in prison.According to More
- in Real Estate
Homebuilder sentiment goes negative for the first time in 7 months, thanks to higher mortgage rates
U.S. homebuilders are feeling pessimistic about their business for the first time in seven months, thanks to stubbornly high mortgage rates.Builder confidence in the single-family housing market fell 5 points in September to 45 on the National Association of Home Builders/Wells Fargo Housing Market Index. The decrease follows a 6-point drop in August. Anything below More
Arbitrum’s fraud proofs haven’t been used in the two years since it launched
Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021 More
- in Real Estate
Americans who don’t own a home say they lack savings for a down payment, CNBC survey finds
Jasondoiy | Istock | Getty ImagesComing up with a large chunk of cash for a down payment is likely the first thing that comes to mind when people think of buying a house one day. But you probably don’t need as much money as you think.The idea of the 20% down payment as a standard More
Did Venture Global LNG Break Contracts With Shell, Edison, And BP?
CAMERON, LA – APRIL 13: An LNG tanker makes its way into Cameron Pass near the site of Venture … [+] Global LNGs facility at Cameron Pass, near Cameron, Louisiana, on Wednesday, April 13, 2022.The Washington Post via Getty Images Shell Plc, Edison SpA, and BP have begun arbitration proceedings against Venture Global LNG, Inc. More
Big Energy Stocks Hit New 2023 Highs, Then Back Off
Oil stocksgetty Big market capitalization energy names hit higher 2023 highs this week as oil prices continued upward. Most of these companies have been around for a long time, and they all pay dividends. That they’ve been trending mostly upward for months is noticeable when you examine the charts. Oil Stocks Price Charts. Hess is More
The Most Overpriced Housing Markets Of 2023
Spring begins in the downtown Lubbock with a white gazebo and walkway. Lubbock has seen its median … [+] sale price increased by roughly 46% year-over-year, with homes selling for 7.7% above their listed price and all homes sold in July 2023 being sold for above asking.getty Housing markets across the United States have witnessed More
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Country Garden wins bond extension in relief for China’s property sector
2007 +0.00% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add More
MakerDAO co-founder proposes fork of Solana codebase for native chain
Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.” MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase, and not the Ethereum Virtual Machine More
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Home prices may be on the verge of cooling off
After rising steadily since January, home prices may now be turning lower again.The latest read on home prices shows they hit another all-time high in July, rising 2.3% from the same month last year, according to Black Knight. That’s a bigger annual gain than the roughly 1% recorded in June, and August’s annual comparison will More
- in Stocks
Norwegian Air eyes dividend payments as Q2 core profit rises
NAS -1.25% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add More
Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter. Crypto advocacy group Coin Center has criticized the latest indictment of two former Tornado Cash developers, arguing that the facts offered don’t show any clear violations of money-transmitting-related offenses.Roman Storm and Roman Semenov More