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Results

Google engineer insider-traded search results on Polymarket, Feds allege

Google engineer insider-traded search results on Polymarket, Feds allege

3 weeks ago by Crypto InsightsCrypto

A Google security engineer, Michele Spagnuolo, was arrested and charged over alleged insider trading by placing bets on Polymarket about what Google users were searching, U.S. officials alleged on Wednesday. According to a complaint unsealed by the U.S. Attorney’s Office for the Southern District of… Read More

SEC makes quiet shift to brokers’ stablecoin holdings that may pack big results

SEC makes quiet shift to brokers’ stablecoin holdings that may pack big results

4 months ago by Crypto InsightsCrypto

Broker-dealers regulated by the U.S. Securities and Exchange Commission (SEC) can treat their stablecoin holdings as regulatory capital, according to a tweak this week to a frequently-asked-questions document maintained by the agency. That’s a seismic shift offered in the form of a minor addition to… Read More

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

Circle’s USDC Keeps Climbing; William Blair Reiterates Outperform After 3Q Results

7 months ago by Crypto InsightsCrypto

Investment bank William Blair reiterated its outperform rating on Circle (CRCL) shares after the stablecoin issuer’s third-quarter results topped both the bank’s and Wall Street estimates. The share were 3.9% lower in pre-market trading Wednesday, around $94.50. Analyst Andrew Jeffrey continues to see USDC as… Read More

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