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Businesses are adding $90 billion in fees to consumer's bills each year, according to one estimate. US consumers spend more than $650 a year per household on "junk fees," per the CEA. AdvertisementBusinesses are adding $90 billion in surprise "junk fees" to customers' bills each year — and it is starting to backfire. Junk fees are hidden costs that are added to product prices. Last June, President Joe Biden said his administration had taken steps to crack down on junk fees.
Persons: , Noelle Weaver, Bradley Walker, Walker, Merrilee Bridgeman, Joe Biden Organizations: Service, White House Council, Economic Advisers, National Bureau of Economic Research, Wall Street, Democratic Locations: New Orleans, Charlotte , North Carolina
His creditors also do not trust that he is being honest about the assets he does disclose. For example, Mr. Giuliani lists among his assets an undisclosed number of shares in Uber, the ride-share service. Lawyers for the creditors say he provided them a more detailed account, but it was not filed publicly in the court, as missing details typically are. And as of April 26, Mr. Giuliani had not provided details for his Discover card charges in January. One of the two Georgia election workers he defamed, Shaye Moss, was selected by Mr. Giuliani’s creditors to serve on a three-person committee to represent their interests throughout the bankruptcy case.
Persons: Giuliani, , , ” Bruce, Shaye Moss, Noelle Dunphy, Mr, Lindsey Kurtz Organizations: Uber, New York Yankees, Pritzker, American Express, Dominion Voting Systems Locations: U.S, Georgia
Editor’s Note: David M. Perry is a journalist, historian and senior academic adviser in the history department of the University of Minnesota. CNN —In recent days, protests by college students against Israel’s actions in the ongoing war in Gaza have popped up across the country. Concerned faculty at the University of Texas-Austin called a strike to protest police actions against peaceful protestors. But then, in the year 1200 CE, a group of students in Paris got swindled by a shopkeeper. They are a reminder that institutions of higher learning are a union between teachers and students dedicated to the pursuit of knowledge.
Persons: David M, Perry, Matthew Gabriele, , , Noëlle McAfee, Caroline Fohlin, Elijah Nouvelage, King Philip II Augustus of France, Paris didn’t, doesn’t, Ibn Rushd Organizations: University of Minnesota, of Religion, Virginia Tech, CNN, University of Texas, CUNY, Emory University, Notre Dame, universitas, Twitter Locations: Europe, Gaza, Emory, Austin, Paris,
Meet the Artist Delighting Amsterdam
  + stars: | 2024-03-01 | by ( Noëlle De Leeuw | ) www.nytimes.com   time to read: 1 min
In the spring of 2020, at the height of the pandemic, the always bustling Dam Square in Amsterdam was deserted, silent and surrounded by concrete counterterrorism blocks. The Dutch street artist Frank de Ruwe, who goes by the name of Frankey, decided these daunting studded blocks resembled something more innocent — giant Lego blocks — and that the city needed something to lighten the gloom. The result? Later that summer, Frankey created and placed a giant yellow-and-black Lego figure of the Dutch folk singer André Hazes, whose songs have been pub favorites in the Netherlands for more than 40 years.
Persons: Frank de Ruwe, Frankey, André Hazes Locations: Amsterdam, Netherlands
NEW YORK (AP) — The New York Liberty are bringing their core group back and trying to add another piece with prized free agent Nneka Ogwumike while Seattle signed Skylar Diggins-Smith as WNBA free agency tipped off Thursday. The Liberty, who made it to the WNBA Finals last season before losing to the Las Vegas Aces, met with Ogwumike, according to a person familiar with the situation. Sabally, who was a restricted free agent, averaged career highs in points (18.6), rebounds (8.1) and assists (4.4) last season. They also signed free agent Megan Gustafson. Williams had a stellar season with Chicago last year, averaging 10.4 points, 6.0 rebounds and a career-best 6.3 assists.
Persons: Nneka Ogwumike, Skylar Diggins, Smith, Ogwumike, Breanna Stewart, Betnijah Laney, Stewart, Jonquel Jones, Jones, Diggins, Jewell Loyd, , ” Diggins, Jewell, Noelle Quinn, Satou Sabally, Kalani Brown, Sabally, Brown, Kiah Stokes, Sydney Colson, Megan Gustafson, Courtney Williams, Alanna Smith, Williams, ___ Organizations: New York Liberty, Seattle, Liberty, WNBA, Las Vegas Aces, Associated Press, Nets, Los Angeles Sparks, ESPN, Phoenix Mercury, Notre Dame, Seattle Storm, Dallas, Wings, Aces, Minnesota Lynx, Chicago Locations: York
Shares of bitcoin miners - whose profitability improves as bitcoin climbs - including Riot Platforms (RIOT.O), Marathon Digital (MARA.O) and TeraWulf (WULF.O) rose between 1.7% and 4%. "Higher crypto prices should lead to a boost in transaction volume and transaction revenues for Coinbase as we enter 2024," said CFRA Research analyst Michael Elliott. However, Elliott cautioned the crypto exchange faces both legal challenges and new regulations that are likely to take time to play out and will continue to result in volatility for the stock. The ETF approval bets have helped counter latest concerns after Changpeng Zhao, the founder of the world's largest crypto exchange, stepped down and pleaded guilty to breaking U.S. anti-money laundering laws. Among other gainers were U.S. software developer and bitcoin investor Microstrategy (MSTR.O), up nearly 3.5%, and ProShares Bitcoin Strategy ETF (BITO.P), which added 2.1%.
Persons: Dado Ruvic, Noelle Acheson, J.P.Morgan, Iris, Michael Elliott, Elliott, Changpeng Zhao, Microstrategy, Medha Singh, Sriraj Kalluvila, Krishna Chandra Organizations: REUTERS, Cipher Mining, Iris Energy, Marathon, CFRA, Thomson Locations: bitcoin, Bengaluru
She initially sued Trump only for defamation because the allegations dated back to the mid-90s and the deadline for filing a legal claim had long since passed. But the Adult Survivors Act cleared the way for a suit claiming sexual assault. The woman accused Brand of exposing himself and assaulting her in a bathroom. Andrew Cuomo, who resigned in 2021 after being accused of sexual misconduct, was sued by his former executive assistant. His accuser, a musician who wasn't named in the suit, accused Portnow of drugging her in a hotel room and assaulting her.
Persons: Donald Trump, Jean Carroll, Trump, Carroll, Sean “ Diddy ” Combs Sean “ Diddy ” Combs, Cassie, Combs, Harvey Weinstein Harvey Weinstein, Julia Ormond, Weinstein, , , Jamie Foxx, Steven Tyler, Aerosmith, Tyler, Bill Cosby Bill Cosby, Joan Tarshis, Cosby, ” Russell Brand, Arthur ”, Brand, ” L.A, Reid Antonio “ L.A, ” Reid, Drew Dixon, Reid, hasn't, Axl Rose, Sheila Kennedy, Rose, Mike Tyson Boxer Mike Tyson, Tyson, Andrew Cuomo, Brittany Commisso, Cuomo, ” Cuomo, Neil Portnow, wasn't, Portnow, ” Rudy Giuliani Rudy Giuliani, Noelle Dunphy, Giuliani, Dunphy, Commisso, Kennedy, Dixon, Ormond, Tarshis Organizations: Arista Records, Andrew Cuomo Former New York Gov, Portnow, Trump, Associated Press Locations: New York, Los Angeles, New York City, Manhattan, British, Albany , New York, Carroll
[3/11]Read moreNoelle Chab, 18, and her friends laugh while walking together, in Buenos Aires, Argentina October 5, 2023. Chab, an 18-year-old Buenos Aires resident, voted for Milei in the primaries and will do so again in October because she believes he represents change and she wants to "remove" the Peronist government. "Javier Milei is the only one who represents a change in Argentine politics," said Chab....BUENOS AIRES, ARGENTINA
Persons: Read, Noelle Chab, Javier Milei Organizations: Milei, Peronist Locations: Buenos Aires, Argentina, BUENOS AIRES, ARGENTINA
[1/3] Simon Rubinstein, 17, casts his first vote ever, in the presidential primary election, in Buenos Aires, Argentina August 13, 2023. Argentina is one of a handful of Latin American countries that allows 16 and 17-year-olds the right to vote. Kremenchuzky, nicknamed "Toto," 17, is part of that teenage electorate. In an August open primary vote, Toto voted for conservative Patricia Bullrich - which he puts down to influence from his parents - but says he could shift his vote in October to Milei if the libertarian convinces him in election debates. However, Milei's conservative social views and promise of sharp cuts to government spending are off-putting to some young voters.
Persons: Simon Rubinstein, Magali, Tomas Kremenchuzky, Kremenchuzky, Toto, Javier Milei, thieving, He's, Patricia Bullrich, Milei, Rocio Pozzetti, Sergio Massa, Massa, Pozzetti, Noelle Chab, Rubinstein, Magali Druscovich, Lucila Sigal, Adam Jourdan, Rosalba O'Brien Organizations: REUTERS, Peronist, Milei, Bullrich, Thomson Locations: Buenos Aires, Argentina, BUENOS AIRES, Argentine, Milei
REUTERS/David 'Dee' Delgado/ Acquire Licensing RightsOct 3 (Reuters) - The global cryptocurrency market remains badly scarred following the tumultuous collapse of crypto exchange FTX and other big players last year, with crypto prices, volumes and venture capital investment well below their 2021 peaks. BITCOIN BLUESBitcoin, by far the biggest cryptocurrency and the chief barometer for crypto market sentiment, has bounced back about 37% since Nov. 1. Reuters Image Acquire Licensing RightsCRUMBLING MARKET CAPAfter peaking at $3 trillion in November 2021, the value of the overall crypto market plummeted through 2022, hitting a two-year low of $796 billion as FTX imploded. Yet the relative calm in crypto markets is not necessarily a good thing, said some market participants, noting that many investors are attracted to crypto precisely because of its volatility, which offers opportunities to make quick profits. Reuters GraphicsVC CRYPTO BETS TUMBLEVenture capital (VC) investments flooded into crypto during its boom year of 2021, and even through 2022.
Persons: Damian Williams, Samuel Bankman, David, Dee, Delgado, Sam Bankman, FTX, cryptocurrencies, Bitcoin, bitcoin, Ben Laidler, Usman Ahmad, Anders Kvamme Jensen, Robert Le, CCData, Noelle Acheson, Hannah Lang, Elizabeth Howcroft, Tom Wilson, Michelle Price, Andrea Ricci Organizations: REUTERS, Capital, Silvergate Bank, BlackRock, Reuters, Zodia, Chartered, Reuters Graphics, U.S, Venture, Thomson Locations: New York City, U.S, New York, Singapore, London, Washington
Florida beat out New York to become the country's second-most-valuable housing market, Zillow said. Of the top six markets that gained the most value since the onset of COVID-19, four are in Florida. The market boom is driven by an influx in new residents putting more demand on the housing stock. Florida welcomed 655,000 new residents since the start of the pandemic, according to Census estimates reported by Insider in March. Stefanie Mortenson traded her life in Virginia for a $159,000 tiny home near Tampa, Florida.
Persons: Zillow, , Stefanie Mortensen, Stefanie Mortenson, Noelle Lane, Nicole Panesso, There's, David Triana Organizations: Florida, Service, Sunshine, Bloomberg, Florida Atlantic University, Florida International University, Tampa, North, Coral, Lakeland, Cape Coral, Joint Center for Housing Studies, Harvard University Locations: New York, Florida, California, Tampa, Miami, Jacksonville, Orlando, Virginia, Tampa , Florida, North Port, Palm, Gulf Coast, Naples, Cape, Georgia, Tennessee, Nicole Panesso South Florida, Fort Lauderdale, Chattanooga , Tennessee, Clermont , Florida
On Thursday, Charles, Camilla, Macron and his wife Brigitte will visit the Notre-Dame cathedral to view restoration works following a massive blaze in 2019 that destroyed its roof. Charles and Camilla will then head to the southwestern city of Bordeaux on Friday, where excursions will include a visit to an organic vineyard. [1/11]King Charles III with French President Emmanuel Macron as they walk from the Elysee Palace, Paris, to the British Ambassador's Residence, during the state visit to France. Charles had hoped for a state visit to France to have been his first as king, but a March trip was postponed due to tense protests in France over pension reforms, much to Macron's embarrassment. Fifteen year-old Alexia Aubert said: "I think since Elizabeth died, the royal family isn't as important as it was, King Charles isn't as important and symbolic as Elizabeth, so it doesn't really matter if he comes or not."
Persons: Brexit PARIS, King Charles, Emmanuel Macron, Queen Camilla, Elisabeth Borne, Marie, Noelle Ahanso, Noelle, Charles, Hugh Grant, Mick Jagger, Arsene Wenger, Didier Drogba, Bernard Arnault, Camilla, Macron, Brigitte, King Charles III, Yui Mok, Queen Elizabeth, Adelaide de, Tonnerre, Charles's, Diana, Brigitte Macron, Liz Truss, Rishi Sunak, He's, Mireille, Alexia Aubert, Elizabeth, King Charles isn't, Elizabeth Pineau, Michel Rose, Noemie Olive, Juliette Jabkhiro, Louise Dalmasso, Michael Holden, Ingrid Melander, Bernadette Baum Organizations: French, Reuters, Arsenal, Notre, Dame, British, REUTERS Acquire, Adelaide de Clermont, Vue, ENTENTE, European Union, Former British, entente, Thomson Locations: Bordeaux, Britain, France, Paris, French, Versailles, Ukraine, Sahel, British, Elysee, Adelaide, London
Bitcoins are seen in this illustration picture taken September 27, 2017. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Aug 29 (Reuters) - Bitcoin's gains from a U.S. court ruling that bolsters future prospects for retail investor-friendly funds have rescued the original cryptocurrency from a dismal month, offering new optimism over its longer-term outlook. The win for Grayscale is likely to now factor into the SEC's future decisions for spot bitcoin ETFs filed by several major financial firms this year, including the world's largest asset manager BlackRock (BLK.N), investors said. Any advent of spot bitcoin ETFs could help the crypto industry tap a glut of previously untapped retail investor cash, in turn bolstering the price of bitcoin. Still, bitcoin's prospects remain tied to the performance of wider markets, some investors said.
Persons: Dado Ruvic, bitcoin, Noelle Acheson, Crypto, Anders Kvamme Jensen, Tom Wilson, Mike Harrison Organizations: REUTERS, Securities, Exchange, U.S, Treasury, BlackRock, BTC, Thomson
Terri Thomas’s family has been waiting for days. “It’s tragic — this hopeless feeling,” said Ms. Thomas’s niece, Terra Thomas, who lives in North Carolina. Spotty-to-nonexistent phone reception, especially in the immediate aftermath, made it hard for survivors to contact loved ones. Chief John Pelletier of the Maui Police Department urged people searching for loved ones to take a DNA test that could help identify their remains. Once the couple was able to inform loved ones they were safe, the social media attention proved helpful.
Persons: Terri Thomas’s, Thomas, Thomas’s, , , Terra Thomas, Jill Tokuda, “ It’s, Noelle Manriquez, John Pelletier of, Pelletier, ” Terra Thomas, Terri Thomas, Harry, Toni Troupe, Toni, Max Whittaker, ” Emily Cochrane Organizations: Democrat, Maui Police Department, , The New York Times, huskies, Credit, Facebook Locations: Lahaina, Hawaii, North Carolina, Maui, Congress, West Maui, State, Napili, Honokowai, Ohio, Midwest, Bali
A lawsuit claims Rudy Giuliani was paid $300,000 while pitching investors on an anti-Biden film. Giuliani allegedly said it would be a "kill shot" that would sink Joe Biden's campaign. By then, Giuliani was hard at work trying to dig up election-year dirt on Joe Biden in his capacity as President Trump's personal attorney. Giuliani, the lawsuit alleges, asked for the farmers' help finance efforts to make sure Trump was elected to a second term. The aborted Giuliani film project also forms part of a whistleblower disclosure from Johnathan Buma, an FBI special agent whose allegations were first reported by Insider.
Persons: Rudy Giuliani, Biden, Giuliani, Joe Biden's, Joe Biden, Hunter, Baldev, Kewel Munger, Tim Yale, Trump, George Dickson III, Hunter Biden, Dickson, Michael Moore's, Noelle Dunphy, John Doe, Mother Jones, Munger, Johnathan Buma, Bob Hawk Organizations: Service, Republican, Yale, Republicans, FBI, Munger Bros Locations: Wall, Silicon, Ukraine, California, New York City, Munger, Georgia, Washington
Six Ways to Enjoy Your Time in Amsterdam
  + stars: | 2023-08-14 | by ( Noëlle De Leeuw | ) www.nytimes.com   time to read: +1 min
And understandably so — you’re meandering along the canals one minute, mingling with a van Gogh the next. Looking for a little latitude in Amsterdam is far from impossible — it just takes a bit of strategy. Be your own captainThe best way to enjoy Amsterdam is, quite undeniably, from the water. All over the city, there are stations where you can rent small electric boats that suit the size of your group. Motor a little outside the city, to, say, Ouderkerk aan de Amstel — a small town on the Amstel River, about six miles south of Amsterdam — where it’s wonderfully serene.
Persons: you’re Organizations: Amsterdam Locations: Amsterdam, Amsterdam —
As of Saturday, officials had confirmed the identities of only two victims and had barely started searching the disaster zone with canine teams. “It’s going to make identification and notification really difficult,” she said, adding that “it’s painful just to think about that.”For days now, families have struggled to learn the status of loved ones in West Maui. Spotty-to-nonexistent phone reception, especially in the immediate aftermath, made it hard for survivors to contact loved ones. That time, she said, was “very hard, very stressful.”Others have had heard nothing. Chief John Pelletier of the Maui Police Department urged people searching for loved ones to take a DNA test that could help identify their remains.
Persons: , Jill Tokuda, “ It’s, Noelle Manriquez, John Pelletier of Organizations: Democrat, Maui Police Department Locations: Maui, Congress, West Maui, Lahaina
Singer Lizzo denies creating hostile environment for dancers
  + stars: | 2023-08-03 | by ( ) www.reuters.com   time to read: +3 min
Lizzo's response on the social media platform X comes two days after the dancers filed the lawsuit in Los Angeles County Superior Court. The lawsuit also claims that Davis was pressured to participate in a nude photo shoot to stay in a dance competition despite her discomfort. The lawsuit also alleges that Quigley harassed the dancers by subjecting them to her religious beliefs against their will. The plaintiffs also claimed that Quigley forced the topic of Davis' virginity into conversations and interviews. Davis and Williams were eventually dismissed while Rodriguez resigned over the behavior, the lawsuit said.
Persons: Karl Lagerfeld, Lizzo, Shirlene Quigley, Melissa Viviane Jefferson, Arianna Davis, Crystal Williams, Noelle Rodriguez, Davis, Lizzo's, Ron Zambrano, Quigley, Williams, Rodriguez, Brendan O'Brien, Matthew Lewis Organizations: Metropolitan Museum, Art's, Court, Touring Inc, Thomson Locations: New York City , New York, U.S, Los Angeles, Amsterdam, Chicago
The woman, Noelle Dunphy, filed a lawsuit in May claiming that Mr. Giuliani, the former mayor of New York City, began harassing and assaulting her shortly after he hired her in January 2019. Mr. Giuliani has responded that Ms. Dunphy was never his employee and that the two had a consensual relationship. Ms. Dunphy said in her lawsuit that she had audio recordings that supported her claims. In the transcripts filed on Tuesday by Ms. Dunphy’s lawyer, Justin T. Kelton, Mr. Giuliani uses a homophobic slur, makes disparaging remarks about Jews and women and uses sexually explicit language in conversation with Ms. Dunphy. In one excerpt, he complains that the Jewish people continue to celebrate the ancient holiday of Passover.
Persons: Donald J, Trump, Rudolph W, Giuliani, Noelle Dunphy, Mr, Dunphy, Ms, Justin T, Kelton Locations: New York City
These are my tits," Giuliani told Dunphy on March 12, 2019, according to one transcript filed as a court exhibit. "I want to own you, officially," Giuliani told Dunphy according to a March 4, 2019 transcript, punctuated by her affirmative response. "I can't think about you or I get hard," Giuliani told Dunphy, according to the transcript. We've had this like, affair for two years and I'm friendly with her husband," Giuliani told Dunphy, according to the transcript. According to other transcripts, Giuliani claimed Jewish men have small penises compared to Italians (Giuliani is Italian) and complained about Jewish religious holidays.
Persons: Rudy Giuliani, Giuliani, Noelle Dunphy, Donald Trump, Dunphy, Mr, Maria Ryan, Justin Kelton, Dunphy's, Giuliani didn't, sapiosexuality, Trump, Kelton, Alex Wong, Ryan, We've, Ryan couldn't, Bob, Michael Bloomberg, Matt Damon, Damon Organizations: Service, New, FBI, Bloomberg Locations: Wall, Silicon, New York, Italian, Egypt
Rudy Giuliani ranted about Trump's latest indictment during his Tuesday livestream. The former New York mayor is thought to be "Co-Conspirator 1" in the indictment. "If I'm a conspirator, I was a conspirator in performing completely legal acts," Giuliani claimed on Tuesday. It's not an indictment," Giuliani said in the latest episode of his show, "America's Mayor Live." The latest Trump indictment is not the only legal issue Giuliani is facing — the former New York Mayor was accused of rape and sexual abuse in a lawsuit filed earlier this year.
Persons: Rudy Giuliani ranted, Giuliani, Rudy Giuliani, Donald Trump's, Trump, I'm, Donald Trump, Hillary, Relaxy Rudy, Noelle Dunphy, Dunphy, Matt Damon, Michael Bloomberg Organizations: New, Service, New York, Twitter Locations: New York, Wall, Silicon
Tampa, Florida, is becoming a popular place to move for younger millennials and Gen Zers. Below, why five 20-somethings moved to Tampa, in their own words, edited for length and clarity. Tampa has grown since I've moved here, and I think it's only going to get bigger. Noelle Lane, 23Nicole Lane Courtesy of Nicole LaneJob: Kindergarten teacherBefore Tampa: moved to Tampa at age 18 to attend collegeHome state: OhioI moved here in 2018 to go to the University of Tampa. I think Tampa is becoming a lot younger.
Persons: millennials, Zers, It's, somethings, Chris Brown, Chris Brown Job, Dylan, I've, I'd, , Noelle Lane, Nicole Lane, That's, Alexander Signori, it's, Joe Steilberg, Parker Klein, Let's, Laura Treche, There's Organizations: Service, Tampa, Chicago Home, Home, University of Tampa, Attended Florida State University, Tech, Riverwalk Locations: Tampa, Florida, Wall, Silicon, Tampa , Florida, Miami, TikTok, Austin, San Francisco, Tallahassee , Florida ; Massachusetts, Ohio, Massachusetts Tampa, I'm, Massachusetts, Chicago, California, LA, Los Angeles and New York, Sarasota, Bayshore, Tallahassee Hometown, South Florida, Charlotte , North Carolina, Northeast Boston, Denver, Seattle . Tampa, Texas, Jacksonville, Dallas, Hyde, Orlando, Tallahassee, Durham , North Carolina . North Carolina, St, Clearwater
Rudy Giuliani is in talks to settle a sexual abuse lawsuit brought by Noelle Dunphy. Katz was arguing that Giuliani shouldn't be forced to pay fees for improperly trying to move Dunphy's lawsuit from Manhattan state court to federal court. The case was sent back to New York state courtIn June, Katz tried to move the case to federal court. US District Judge Edgardo Ramos sent the case back to state court during the court conference on Friday, after Katz backtracked on the move. He told Insider that he looks "forward to prosecuting this case in New York State Court where it belongs."
Persons: Rudy Giuliani, Noelle Dunphy, Dunphy, , Giuliani's, Adam S, Katz, Giuliani shouldn't, Justin Kelton, Kelton, Giuliani, Donald Trump, Edgardo Ramos, Katz backtracked, Ramos, I'm, Judge Ramos, Joe Biden, Jack Smith, Trump, Biden Organizations: Service, New, New York City, FBI, Court, New York, Voting Systems, Trump, Justice Locations: New York, Manhattan, Florida, New, Smartmatic, Washington, Pennsylvania
Microsoft's VP of Energy Brian Janous is leaving. Brian Janous, Microsoft's VP in charge of data center energy strategy, is leaving just a month after being promoted to his current position, Insider has learned. Janous spent more than 11 years at Microsoft, primarily overseeing the company's cloud infrastructure energy and sustainability efforts. He was the first employee on Microsoft's energy team and was promoted to VP of Energy in June 2023, according to his Linkedin page. Janous is the latest executive to leave Microsoft's broader Cloud Operations and Innovations team, which manages the company's all-important cloud infrastructure.
Persons: Energy Brian Janous, Janous, Brian Janous, Microsoft's, Aditya Dalmia, Brian, Noelle Walsh, Scott Guthrie, Jennifer Weitzel, Osvaldo Morales, Michael Czamara, Dan Madrigal, Jeffrey Cox, Eugene Kim Organizations: Energy, Microsoft, Microsoft's CVP, Cloud Infrastructure, Planning, Industry, Operations, Innovations, Cloud Infrastructure Lease, Data, GM, Tejas Sukhadia, Innovation Locations: Microsoft's
Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed by the SEC watchdog as securities, according to CCData. Among major players, for example, solana , polygon and cardano have sunk between 23% and 32%. Bitcoin and ether weren't named in the SEC's lawsuit, nor were stablecoins such as tether and USC Coin. By contrast, bitcoin investors who have held their coins for more than five months appeared relatively calm and accounted for just 1.9% of deposit volume. Investment products tracking altcoins have seen positive - albeit small - net inflows this year, in contrast to bitcoin and ether, Coinshares data showed on Monday.
Persons: Vetle Lunde, Ryan Rasmussen, solana, Lucas Kiely, Alex Thorn, Noelle Acheson, James Butterfield, Lisa Mattackal, Medha Singh, Pravin Organizations: U.S, SEC, K33 Research, solana, Securities, Bitwise Asset Management, Reuters Global Markets, Cardano Foundation, Solana Foundation, Reuters, Polygon Labs, Reuters Graphics Reuters, USC, BTC, ETH, Firmwide Research, Galaxy Digital, Pravin Char, Thomson Locations: cardano, altcoins, Bengaluru
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