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Paxos CEO warns US risks losing financial leadership without crypto reform

In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla warned that...

OKX CEO warns users about Tornado Cash compliance risks

OKX CEO Star Xu has warned users about the risks of interacting with the sanctioned crypto mixer Tornado Cash.In an Aug. 9 statement...

Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former...

Regional bank failures may be ahead, Former FDIC head Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp.Their quarterly numbers begin...

EU watchdog warns of high concentration in crypto markets, notes minimal euro usage

The European Securities and Markets Authority (ESMA) warned that crypto markets are highly concentrated on April 10. ESMA said concentration is a concern because...

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