Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as tender among dark web vendors of CSAM. Like other things listed on the dark web, CSAM is often bought and sold with Bitcoin. However, the privacy coin Monero (XMR)...
A report released by the Commerce Department on Friday unexpectedly showed a modest decrease in U.S. construction spending in the month of January. The Commerce Department said construction spending dipped by 0.2 percent to an annual rate of $2.102 trillion in January after jumping by 1.1 percent to a revised rate of $2.106 trillion in...
On March 1, a cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 BTC (about $12,877) for a Bitcoin Ordinals NFT listed at 0.021 BTC (about $1,287) due to a fat...
At 10 am ET Friday, ISM manufacturing PMI, U.S. construction spending and University of Michigan\'s final consumer sentiment index have been released. After the data, the greenback pulled back against its major counterparts. The greenback was trading at 1.2619 against the pound, 1.0870 against the euro, 0.8863 against the franc and 150.25 against the yen...
By Foo Yun Chee BRUSSELS (Reuters) - Elon Musk\'s X social media platform, TikTok owner ByteDance and Booking (NASDAQ:BKNG).com may meet EU criteria subjecting them to tough tech rules as so-called gatekeepers, the European Commission said late Friday, after notifications by the companies. The Digital Markets Act (DMA) designates companies with more than 45 million...
By Foo Yun Chee BRUSSELS (Reuters) - Europe\'s second highest court has said EU regulators should pay 785,857.54 euros ($851,634) of legal fees for Qualcomm (NASDAQ:QCOM), less than 10% of the 12 million euros sought by the U.S. chipmaker after it won an appeal against an antitrust fine. The Luxembourg-based General Court said the number...
(Reuters) - A Norfolk Southern (NYSE:NSC) train derailed on Saturday, spilling diesel fuel and polypropylene plastic pellets into the Lehigh River in eastern Pennsylvania, police said. There were no reports of injuries to the crew on the train or evacuations or a hazardous material threat to the community, the Lower Saucon Township Police Department said...
-- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for MediaAlpha and Constellation Energy and a downgrade for Roku. Pro subscribers always get first dibs on market-moving rating changes. MediaAlpha What happened? On Monday, BMO Capital upgraded Mediaalpha (NYSE:MAX) to Outperform with a $28 price...
-- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Pro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today! Morgan Stanley says Apple’s shift from EV to GenAI is a ‘positive development’ Bloomberg News reported earlier in the week that Apple (NASDAQ:AAPL) has halted...
By Tom Hals WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk\'s $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker\'s stock. \"We recognize that the requested fee is unprecedented in terms of absolute size,\" the three law firms said in a filing...