Binance Founder Changpeng Zhao To Step Down
Binance’s Founder Changpeng Zhao, commonly known as “CZ,” is expected to step down from Binance, the company he founded in 2017. According to sources familiar with the matter, he is expected to plead guilty to violating criminal U.S. anti-money laundering requirements. CZ is expected to appear in front of a federal court today, will plead […]
Texas Attorney General Launches Fraud Probe into Media Matters as Elon Musk Files ‘Thermonuclear’ Lawsuit
Texas Attorney General Ken Paxton has launched a fraud investigation into Media Matters for America at the same time as X owner Elon Musk filed a “thermonuclear” lawsuit against the progressive media watchdog. Both actions stem from a recent report by Media Matters claiming that Musk’s X had placed ads alongside pro-Nazi content which prompted […]
Movement To Save Canadian Mining From Predatory Short Selling Announces Black Friday Session
Save Canadian Mining (SCM), a movement that aims to “return market rules to the fair and transparent standard” particularly fighting against the practice of short selling, has announced that it will be holding an emergency session on this coming Black Friday, November 24. “The world is changing and now is the time for Canadian markets […]
DOJ Tells Binance: Pay $4 Billion To End Legal Troubles
The United States Justice Department is currently engaged in negotiations with Binance to bring an end to its investigation into the company, according to sources familiar with the discussions. A proposed agreement by the law enforcement agency would require Binance to pay $4 billion in fines, as reported by Bloomberg. As part of the potential […]
Tesla Shareholders Call on Board to Take Action Against CEO Elon Musk
Tesla (Nasdaq: TSLA) shareholders have long voiced their lack of confidence in CEO Elon Musk, especially after his acquisition and controversial handling of X, the platform formerly known as Twitter. Investor Jerry Braakman, president of First American Trust — which owns a meager 16,000 shares compared to Musk’s 411 million — is urging Tesla’s board […]
OpenAI Power Struggle: Employees Vs. Board Vs. Sam Altman, Explained
While the real reason behind Sam Altman’s sudden dismissal as CEO of OpenAI seems to be still undisclosed, it’s become an open secret that majority of the company’s workers aren’t taking the situation sitting down. Reportedly, more than half of the firm’s employees have refused to attend meetings and have displayed blatant insubordination to the […]
Inflation Rate Slows To 3.1% In October For Canadians
Canada’s Consumer Price Index (CPI) in October rose by 3.1% year-over-year, marking a decrease from September’s 3.8% gain. Excluding gasoline, which saw a 7.8% drop, the CPI increased by 3.6%, slightly less than the 3.7% rise seen in September. The overall decrease in goods prices, led by lower gasoline costs, contrasted with a 4.6% increase […]
Surge Battery Metals Looks To Expand Exploration At Nevada North, Submits Exploration Plan To BLM
Surge Battery Metals (TSXV: NILI) has taken steps to expand its exploration program for the Nevada North Lithium Project. The company has submitted an exploration plan of operations and reclamation plan permit application to the Bureau of Land Management. The exploration plan, if approved, will enable the company to conduct disturbances on up to 250 […]
West Red Lake Hits 27.15 g/t Gold Over 10 Metres At Madsen
West Red Lake Gold Mines (TSXV: WRLG) has results in hand from its first round of drilling conducted at its recently acquired Madsen Mine in the Red Lake region of Ontario.
SEC Goes After Kraken, Sues Crypto Exchange for Failing to Register
San Francisco-based cryptocurrency exchange, Kraken, is facing legal action from the US Securities and Exchange Commission (SEC) for allegedly operating as an unregistered securities exchange. The lawsuit, filed in a San Francisco federal court, is part of SEC Chair Gary Gensler’s initiative to assert regulatory control over the cryptocurrency market. The SEC contends that digital […]