Business

Paramount Fights to Save $110B Warner Bros. Merger as $200M Monthly Penalties Loom

Paramount is bleeding time and money. With a federal judge halting the $110 billion Warner Bros. Discovery merger, the company now faces a $200 million monthly penalty if the deal misses its deadline.

Senate Republicans Update Crypto Clarity Act to Ban Presidential Tokens

Senate Republicans released a new draft of the Crypto CLARITY Act that bans sitting presidents from issuing digital assets. Betting odds for the bill's passage have plummeted to 39%.

SSA Chief Frank Bisignano Under Fire Over ‘Misleading’ Tax Email

The SSA claimed a new tax deduction saves seniors $7,500 on average. Independent analysts say the math doesn't add up for lower-income retirees who already owe nothing.

FATF Targets ‘Fake’ DeFi Platforms in Global Crackdown Over 2026 Hacks

A new FATF report reveals that 132 global jurisdictions are failing to regulate DeFi platforms, allowing North Korean hackers to steal billions.

Understanding Virtual Asset Service Providers: How VASPs Connect Crypto to Traditional Finance

Any business that exchanges, transfers, or holds digital assets on behalf of customers is classified as a VASP. Here is how the FATF Travel Rule forces these crypto platforms to verify user identities.

Revolut hits $115B valuation in massive $2,017 employee share sale

Revolut kicks off a secondary share sale pricing shares at $2,017, pushing the fintech's valuation to a staggering $115 billion and surpassing legacy banks.

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