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securities

Alaska Airlines grounds aircraft, apologizes after window blows out midair

by Walter Watson
Alaska Airlines grounds aircraft, apologizes after window blows out midair

Alaska Airlines grounded all of its Boeing 737-9 aircraft late Friday, just hours after a window and piece of fuselage on one such plane blew out in midair and forced an …

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SEC Scrutinizes DAOs: Tightening Grip on Crypto or Protecting Investors?

by Isaac Wright
SEC Scrutinizes DAOs: Tightening Grip on Crypto or Protecting Investors?

The BarnBridge DAO and SEC Settlement BarnBridge DAO faced SEC allegations for unregistered sales of its SMART Yield bonds, spotlighting the regulatory challenges in the DeFi sector. The DAO’s $1.7 …

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SafeMoon Files for Chapter 7 Bankruptcy, Price Crashes Over 30%

by Isaac Wright
SafeMoon Files for Chapter 7 Bankruptcy, Price Crashes Over 30%

Wild Ride for SafeMoon Finally Over, SFM Comes Tumbling Down SafeMoon, a cryptocurrency firm, has filed for Chapter 7 bankruptcy, revealing assets between $10 million and $50 million and debts …

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‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

by Akin Smith
‘It scared the hell out of me,’ says lead plaintiff in proposed class-action suit over data breach at 23andMe

A proposed class-action lawsuit against 23andMe could include more people in Canada than originally anticipated, experts say, after the genetic testing company said a data breach affected millions more customers than …

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Binance Exchange Faces Country-wide Block in the Philippines Due to SEC Advisory

by Isaac Wright
Binance Exchange Faces Country-wide Block in the Philippines Due to SEC Advisory

Philippines SEC Tightens Grip on Cryptocurrency Market, Targets Binance for Regulatory Non-Compliance Philippines’ Securities and Exchange Commission (SEC) has initiated steps to block access to Binance, citing the platform’s lack …

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Mark Cuban agrees to sell majority share of NBA’s Dallas Mavericks

by Virginia Chavez
Mark Cuban agrees to sell majority share of NBA’s Dallas Mavericks

Dallas Mavericks owner Mark Cuban has entered into an agreement to sell a majority stake in the NBA franchise to the family that runs the Las Vegas Sands casino company, …

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Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules

by Anas Siddiqui
Quebec’s stock market regulator can go after Canada’s Panama Papers kingpin, Supreme Court rules

Everyone seems to want a piece of Fred Sharp, the self-styled private banker from West Vancouver who built a huge network of offshore companies that facilitated, according to U.S. court …

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Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

by Walter Watson
Industrial and Commercial Bank of China’s trades with U.S. Treasury disrupted by hackers

The Industrial and Commercial Bank of China’s (ICBC) U.S. arm was hit by a ransomware attack that disrupted trades in the U.S. Treasury market on Thursday, the latest in a …

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WeWork files for bankruptcy protection

by Anas Siddiqui
WeWork files for bankruptcy protection

WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling that promised to upend the way people …

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Iconic Toronto condo project placed into receivership due to $1.6B in unpaid debt

by Anas Siddiqui
Iconic Toronto condo project placed into receivership due to .6B in unpaid debt

A high-profile Toronto condominium project that has been plagued with delays and setbacks for almost a decade has been placed into receivership by its biggest lender, refusing to foot the …

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