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TerraUSD, Luna Founder Do Kwon, Who Caused the Epic $40B Crypto Crash in 2022, Jailed for 15 Years
Cryptocurrency King Do Kwon was sentenced to 15 years in prison after his TerraUSD stablecoin and Luna cryptocurrency crashed overnight in 2022, triggering a $40 billion market crash that wiped out investor money.
Niloy Chakrabarti Dec 22, 2025
Subprime Auto Lender CEO Charged for Double-Counting Collateral That Led to $1B Collapse
Charges reveal that Tricolor held $1.4 billion in real collateral but pledged $2.2 billion to creditors, leading to a $1 billion collapse amid allegations of fraud.
Niloy Chakrabarti Dec 22, 2025
Elon Musk to Become a Trillionaire by Year-End? Net Worth Surged $277B In a Week to $750B
Elon Musk's net worth approaches $750 billion after a Delaware court restores his $55 billion Tesla pay package, propelling him closer to becoming a trillionaire.
Niloy Chakrabarti Dec 22, 2025
$15 Million Cryptocurrency Heist in New York as 23 Year Old Accused Held at Rikers
A 23 year old New York man is accused of stealing £11.7 million in a sophisticated cryptocurrency scam by posing as a Coinbase employee. Now held at Rikers Island, he might face a severe punishment.
Tanmay Puri Dec 19, 2025
The Real Reason Behind Trump Media's $6 Billion Nuclear Fusion Merger
Donald Trump's associated media firm makes a shock move into nuclear fusion with a £4.5 billion merger, raising questions about power, politics and the future of clean energy in America.
Tanmay Puri Dec 19, 2025
Tech War Between US & EU Ignites: Spotify in Danger After Google, Apple & Meta
A tech war is brewing between the US and EU as Washington threatens retaliation against Europe after heavy fines on Google, Apple and Meta, with Spotify now in the firing line.
Tanmay Puri Dec 18, 2025
AI-Invested Pension Holders Might Feel Wary as Nvidia Director Dumps $44M, Stoking AI Bubble Fears
Americans building their retirement savings via investment instruments like 401(k)s with a focus on AI stocks might need to reconsider their strategy as signs of cracks appear in the AI boom rally.
Niloy Chakrabarti Dec 18, 2025
Four Convicted in $600K Insider Trading Scheme — Don't Risk Your Savings
A former Chinook Therapeutics executive and his associates were convicted of insider trading, profiting over $600,000 from a major merger with Novartis.
Niloy Chakrabarti Dec 18, 2025
IRS Eases Health Savings Account Eligibility Under Trump's Bill Amid Uncertainty Over ACA Subsidies
The US Treasury and the IRS have widened the eligibility for health savings accounts as policymakers debate the future of Affordable Care Act subsidies, which are set to end this year.
Niloy Chakrabarti Dec 17, 2025
David Tepper Offloads Intel, Slashes UnitedHealth Stake in Q3 to Buy This Lesser-Known Stock
In Q3, Appaloosa's David Tepper sold his entire stake in Intel and reduced his UnitedHealth Group holdings by over 90% to invest $400 million in Whirlpool shares.
Niloy Chakrabarti Dec 17, 2025
MIT Fusion Leader Nuno Loureiro Shot Dead: Who Was the Physics Genius Behind Clean Energy Breakthroughs?
Nuno Loureiro, a leading MIT fusion scientist, was fatally shot at his home on Monday night amid ongoing concerns over gun violence and recent college shootings in the US.
Niloy Chakrabarti Dec 17, 2025
Elon Musk's Net Worth Surges $167B Overnight to an Unbelievable $638B on SpaceX's $800B Valuation
Elon Musk's net worth was driven by reports of SpaceX's $800 billion valuation, Tesla's stock price surge, and talks of xAI raising $15 billion at a $230 billion valuation.
Niloy Chakrabarti Dec 16, 2025
Cathie Wood Sells Over $59M of Tesla Stock Despite Wedbush Seeing a $1T AI Opportunity for the Firm
Cathie Wood sold over 124,000 Tesla shares this week across Ark Invest ETFs amid valuation concerns and a rare downgrade from Morgan Stanley.
Niloy Chakrabarti Dec 16, 2025
Trump Launches US AI Tech Force With Big Tech — Why Jobs and Power Are at Stake
Trump launched US Tech Force 15 December 2025, where a team of engineers will build the next generation of government technology and accelerate AI implementation.
Anna Katrina Sevilla Dec 16, 2025
Elon Musk Says Womb Defines Womanhood After Calling Trans Daughter 'My Son' With 'Mental Illness'
Elon Musk faces backlash after defining womanhood by biology and reviving controversy over remarks about his transgender daughter.
Angielou Macacado Dec 13, 2025
Planet Labs Stock Jumps 35% on Record Q3 Revenue Driven by AI Advancements, Acquisitions
Planet Labs attributed the Q3 beat to robust traction in its AI-enabled global monitoring services and the rollout of new technologies and contract renewals with major space agencies.
Niloy Chakrabarti Dec 12, 2025
'They Have to Go Back … It's a Shame': Trump Blasts Student Visa Rules as Golden Visa Goes Live
Trump criticises US student visa rules, calling it 'a shame' that foreign graduates must leave. Golden Visa launched to retain top talent.
David Unyime Nkanta Dec 12, 2025
Cathie Wood Sells Tesla Shares After Stock Downgrade Following Michael Burry's Valuation Concerns
Cathie Wood's Ark Invest sold close to $1 million worth of Tesla shares recently amid a Morgan Stanley downgrade after Michael Burry warned the stock is 'ridiculously overvalued.'
Niloy Chakrabarti Dec 12, 2025
Michael Burry Says AI Bubble Still Has Room to Grow, No Way to Tell When It Will Burst
Big Short's Michael Burry believes there is 'supply-side gluttony', implying major data centre expansion, GPU orders, and multibillion-dollar commitments without any clear end-user demand.
Niloy Chakrabarti Dec 12, 2025
Lululemon Stock Surge: $1B Buyback and CEO Exit Allegedly Protects Consumers
Lululemon Athletica shares surged during after-hours trading after the company reported better-than-expected Q3 results and announced the departure of CEO Calvin McDonald.
Niloy Chakrabarti Dec 12, 2025
Zayn Malik and Louis Tomlinson's Netflix Docuseries in Jeopardy After Alleged Physical Altercation
Zayn Malik and Louis Tomlinson's planned Netflix docuseries has reportedly been put on hold after an alleged physical altercation during filming.
Ashish Shaik Dec 10, 2025
UK Travellers Warned: US Demands 5 Years Of Social Media History For Entry
UK travellers face new US rules requiring five years of social media history for entry, raising privacy concerns and travel delays.
David Unyime Nkanta Dec 10, 2025
Trump to Undo Biden-Era Student Loan Payment Pause, Forcing Millions of Borrowers Into Repayment
The Trump Administration has proposed a joint settlement with Missouri to formally end the student loan payment pause introduced under former US President Joe Biden.
Niloy Chakrabarti Dec 10, 2025
Nvidia Supplier SK Hynix Eyes NYSE Listing to Accelerate AI Momentum
South Korean chipmaker SK Hynix is exploring a US listing to enhance its corporate valuation and better compete with US peers like Micron Technology.
Niloy Chakrabarti Dec 10, 2025
Elon Musk's Net Worth Surges $3B in a Day to $491B After SpaceX Eyes $30B IPO
SpaceX is planning an IPO next year to raise over $30 billion at a valuation of $1.5 trillion, which would make it the largest listing ever.
Niloy Chakrabarti Dec 10, 2025
Florida's 'Alligator Alcatraz' Revealed Torture, Enforced Disappearances of Immigrants
A damning report by Amnesty International exposed the 'cruel' and 'inhumane' conditions immigrant detainees are being subject to in two detention centres in Florida.
Denise Nequinto Dec 09, 2025
'Absurd': IDF Denies Accusations That It Spies New American Base That Monitors Israel-Gaza Ceasefire
The IDF is allegedly spying a US base in south Israel. However, the Israeli military denied the accusations, calling them absurd.
Giuliano de Leon Dec 09, 2025
Kevin O'Leary Says The 'Biggest Money Trap' is Getting Yourself a Suffocating Mortgage
Shark Tank star Kevin O'Leary claims the biggest financial trap people fall into unseen isn't a poor stock portfolio, but purchasing a house that is too large for their means.
Niloy Chakrabarti Dec 09, 2025
Should Americans Take Social Security at 62 and Invest It? Viral TikTok Advice Sparks Debate
Claiming Social Security at 62 and investing in volatile US stocks could be a risky venture one might not be able to recover from if stocks crash.
Niloy Chakrabarti Dec 09, 2025
Berkshire After Buffett: The Trio Who Will Shape Your Returns—Abel, Chang, O'Sullivan
Berkshire Hathaway announced significant changes to its senior management as Warren Buffett prepares to step down as CEO after leading the company for six decades.
Niloy Chakrabarti Dec 09, 2025
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