Standard Chartered and SBI back crypto insurer Soter as funding reaches $23.5 million

Paraguay president resigns after collapse of Ueno digital bank

Santiago Peña stepped down amid mounting scrutiny over his former ties to Ueno Bank’s parent company, as the lender’s collapse left millions of customers unable to access their funds.

Why did the S&P 500 lose over $2 trillion in 40 minutes today?

The S&P 500 just lost roughly $2 trillion in market value in 40 minutes, and Wall Street has the midterm elections to thank for a good part of the panic. Thursday’s selloff came after Democrats won…

Qualcomm phone chip sales fall 26% while automotive revenue climbs 89%

Qualcomm said on Wednesday that revenue from automotive chips jumped 89% to a record $1.99 billion in the quarter ended Sept. 27. Handset chip revenue dropped 26% to $5.14 billion in the same…

Crypto for Advisors: Where investors stake crypto shapes how much of the reward they keep

3M To Pay $7,350,000,000 To Settle Injury Claims Over ‘Forever Chemicals’ in Firefighting Foam

Manufacturing giant 3M has agreed to pay billions of dollars to resolve most of the personal injury claims tied to “forever chemicals” in firefighting foam. The company says it will make a $7.35…

China disapproves ABB robotics SoftBank takeover

Chinese regulators have rejected SoftBank Group’s attempted $5.4 billion purchase of ABB’s robotics division, ABB has stated. This blocks a deal that sits at the center of SoftBank founder Masayoshi…