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☆ Miami man among 2 charged in $230 million cryptocurrency theft and laundering scam
▼ + stars: | 2024-09-20 | by ( Nbc South Florida | The Staff Of Nbc South Florida. | ) www.nbcnews.com time to read: +1 min

A Miami man is facing charges after authorities said he teamed up with a California man in a scam to steal and launder over $230 million in cryptocurrency. It appears the arrest is connected with an FBI raid of a waterfront home in the area of Northeast 83rd Street and N. Bayshore Drive. After they fraudulently gained access to victims’ cryptocurrency accounts, they transferred the funds into their possession and laundered the proceeds, authorities said. Lam and Serrano spent the laundered cryptocurrency proceeds on international travel, partying in nightclubs, luxury automobiles, watches, jewelry, designer handbags, and rental homes in Los Angeles and Miami, authorities said. Prosecutors said the investigation into the scam is ongoing.

Persons: cryptocurrency . Malone Lam, Jeandiel Serrano, Anne Hathaway ”, Serrano, ”, Lam, Prosecutors Organizations: FBI, Attorney’s, District of Columbia Locations: Miami, California, cryptocurrency ., Los Angeles, U.S, Northeast, Lam, Singapore

☆ Anthony Scaramucci says he is 'working alongside' Kamala Harris on her campaign's crypto policies
▼ + stars: | 2024-09-20 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

SINGAPORE — Anthony Scaramucci, founder and managing partner of SkyBridge Capital, said he and a group of crypto advocates are working with U.S. Vice President Kamala Harris to develop her campaign's policies on digital assets ahead of the elections in November. "There's a group of cryptocurrency advocates, bitcoin advocates etc. Harris has been hearing out crypto proponents and we are pushing her to back industry-friendly policies, he said, adding that the vice president even has some of these talks lined up for this week. "I believe that we are making progress, and I think it's going in the right direction," Scaramucci said. Last year in an interview with NBC News' Chuck Todd, Scaramucci called his former boss "a grifter."

Persons: Anthony Scaramucci, Kamala Harris, bitcoin, Elizabeth Warren, Gary Gensler, Warren, Harris, Scaramucci, Donald Trump's, Trump, Chuck Todd Organizations: SINGAPORE, SkyBridge, U.S, Democratic Party, Democratic, U.S . Securities, Exchange Commission, White House, NBC News

☆ Bitcoin posts 5.5% weekly gain after rate cut, MicroStrategy increases holdings: CNBC Crypto World
▼ + stars: | 2024-09-20 | by ( Jordan Smith | Kaan Oguz | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin posts 5.5% weekly gain after rate cut, MicroStrategy increases holdings: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Greg Benhaim of 3iQ discusses the sentiment for digital assets among investment advisors.

Persons: explainers, Greg Benhaim, 3iQ Organizations: CNBC Crypto, CNBC

☆ Stablecoins are becoming ‘systemically important’ as market cap returns to record highs, analysts say
▼ + stars: | 2024-09-20 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

The market cap for stablecoins — cryptocurrencies that promise a fixed value peg to another asset — has recently reached all-time-high levels after a sharp drop in 2023. Monthly payments in stablecoins tripled to $1.4 trillion in the 12 months leading up to July. This could have investment implications for Robinhood down the road, he added, as it "continues integrating stablecoins for crypto trading & cross-border transfers." Crypto investors watch stablecoins closely for evidence of demand, liquidity and activity in the market. PayPal last year launched its own dollar-backed stablecoin, while Visa has been supporting stablecoin payments and Mastercard is supporting stablecoin wallets and other crypto card programs.

Persons: —, Bernstein, Gautam Chhugani, Kevin Dede, Wainwright, Dede, Goldman Sachs, Wells, Rob Goldstein, Michael Bloom Organizations: H.C, JPMorgan, PayPal, Visa, Mastercard, BlackRock, New, Financial Locations: New York City, Boston, New York

☆ The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
▼ + stars: | 2024-09-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

But in his own way (very demure, very mindful) that is what happened Wednesday when he announced the Fed’s first rate cut in four years, a giant half-point reduction that will lower the cost of borrowing and offer financial relief for consumers and businesses. Whenever a reporter asks him about politics, Powell refuses to bite. Like on Wednesday, when he was asked whether the half-point rate cut had political motivations, he responded with something approaching exasperation. It’s just maximum employment and price stability on behalf of all Americans.”Of course, that’s unlikely to stop either party from using the rate cut news to their advantage, given that the economy is the No. Trump can continue to claim that a rate cut is a sign the economy is weak.

Persons: CNN Business ’, Jerome Powell, That’s, ” Powell, “ We’re, Republican Sen, Tommy Tuberville, “, Kamala Harris, ”, it’s, It’s, Jason Furman, Donald Trump, they’re, Pubkey, ” Trump, Powell, He’s, Joe Biden, Powell isn’t, Barack Obama, don’t, Harris, Biden, Steve Sosnick Organizations: CNN Business, New York CNN, Republican, CNN, Trump, Fed’s, Governors, Interactive Brokers, Fed Locations: New York, America, Alabama, New York City, Trump

☆ Binance CEO says crypto exchange saw 40% growth this year in institutional, corporate investors
▼ + stars: | 2024-09-19 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Binance CEO Richard Teng speaks in Singapore on Sept. 17, 2024, at an event hosted by the local foreign correspondents association. Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors joining the platform, CEO Richard Teng told CNBC's Lin Lin in an interview Wednesday. "So we on our own, we are seeing a huge uptick in terms of institutional and corporate investors. We have seen a 40% increase in onboarding in that category throughout the course of this year alone," he said. Changpeng Zhao, the billionaire co-founder and former CEO of Binance, stepped down last year as part of the settlement.

Persons: Richard Teng, Binance, CNBC's Lin Lin, Teng, Changpeng Zhao, — Organizations: U.S Locations: Singapore, Changpeng

☆ Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more
▼ + stars: | 2024-09-19 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. DoorDash — The food delivery stock rose more than 3% after an upgrade to buy from neutral at BTIG. Alibaba – Shares rose more than 4% after the Chinese e-commerce company launched more than 100 open-source artificial intelligence models and a text-to-video tool. FedEx — Shares rose more than 1% ahead of the shipping giant's first-quarter earnings report due after the bell.

Persons: Uber, Jefferies, chipmakers, FactSet, Alibaba, Max, Stocks, bitcoin, — CNBC's Sean Conlon, Alex Harring, Samantha Subin, Jesse Pound, Brian Evans, Sarah Min, Michelle Fox Theobald Organizations: Darden, Olive, NextEra Energy, Nvidia, Arm Holdings, Micron, Micron Technology, FedEx —

☆ Trump's crypto allies boast lavish lifestyles amid trail of debts
▼ + stars: | 2024-09-19 | by ( Katherine Long | ) www.businessinsider.com time to read: +7 min

Three of Trump's children are employees of World Liberty Financial, including his 18-year-old son Barron, who CoinDesk reported holds the title of "DeFi visionary" at the company. World Liberty Financial's spokesperson, Jim Redner, told BI he has "no information." Both were involved in a project called Dough Finance, whose source code appears remarkably similar to that of World Liberty Financial, Coindesk reported. It's still unclear when World Liberty Financial will begin allowing investors to purchase its tokens. "Attention community: Please be aware of scams and fake tokens," World Liberty Financial posted on Telegram last month.

Persons: —, Donald Trump, Trump, Zachary Folkman, Chase Herro, Crypto, he's, Barron, CoinDesk, Herro, they've, Folkman, Jim Redner, I've, Redner, he'd, JPMorgan Chase, Folkman's, Zack Bauer, AmEx, Coindesk Organizations: Service, Liberty, U.S ., Business, Trump, World Liberty, Facebook, Ritz Carlton, Virgin Islands, Liberty Financial's, JPMorgan, Bloomberg, American Express, Finance, Dough Finance, Liberty Financial Locations: Greenwich Village, Caribbean, Puerto Rico, California , New York, Virgin, Los Angeles, San Diego, California

☆ Bitcoin pops to $63,000 as investors digest long-awaited rate cut: CNBC Crypto World
▼ + stars: | 2024-09-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin pops to $63,000 as investors digest long-awaited rate cut: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World travels to Washington, D.C. to talk to attend a pro-crypto rally, and talk to executives from Coinbase as they urge lawmakers to pass crypto regulation.

Persons: explainers Organizations: CNBC Crypto, CNBC, Coinbase Locations: Washington ,

☆ Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more
▼ + stars: | 2024-09-19 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Coursera — The online education platform jumped more than 8% on the back of Bank of America's initiation at a buy rating. Uber shares rose 3%. NextEra Energy Partners — The stock rose more than 3% on the heels of Jefferies initiating coverage with a buy rating. Crypto stocks — Stocks tied to bitcoin's price climbed as the cryptocurrency moved more than 4% higher following the Fed's rate cut on Wednesday.

Persons: Tesla, Meta, Coursera, Uber, DoorDash, Jefferies, Stocks, MicroStrategy, Alibaba, Alex Harring, Samantha Subin, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: Tech, Federal, Nvidia, Therapeutics, Intel, Bank of, Darden, DoorDash, NextEra Energy Partners, JPMorgan Locations: Mobileye, Olive

☆ Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
▼ + stars: | 2024-09-19 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

The price of bitcoin was recently higher by 3.5% at $62,417.48, according to Coin Metrics, building on a rally underway before the central bank decision Wednesday. Stocks tied to the price of bitcoin climbed in early trading Thursday. MicroStrategy , widely used as a high beta play on the price of bitcoin, gained 5%. It isn't out of the woods yet, however, said Yuya Hasegawa, crypto market analyst at Japanese bitcoin exchange Bitbank. "Bitcoin has some time until the BOJ makes the decision and could extend its gain during Thursday's U.S. session.

Persons: bitcoin, Stocks, Yuya Hasegawa, Bitcoin Organizations: Metrics, Federal Reserve, Nasdaq, Bank of, Thursday's U.S

Former US President Donald Trump speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Saturday, July 27, 2024. Bloomberg | Bloomberg | Getty ImagesSINGAPORE — Cryptocurrency insiders downplayed the potential impact of the U.S. presidential election in November on the market here in the Lion City, even though some also said that former President Donald Trump is seen as more crypto-friendly. Anthony Scaramucci, founder and managing partner of SkyBridge Capital, a global alternative investment firm, predicted that if Harris were to win the election, her handling of crypto regulation would largely be the same as Trump. The Trump family recently launched a new crypto project called World Liberty Financial. Goals set by those involved in the project suggest that it will resemble a crypto banking platform.

Persons: Donald Trump, Kamala, Harris, Trump, Charles Hoskinson, CNBC's, Hoskinson, it's, Anthony Scaramucci, Scaramucci Organizations: Bloomberg, Getty, SINGAPORE, U.S, Trump, Bitcoin Conference, European Union, SkyBridge, Liberty Locations: Nashville , Tennessee, Lion City, TOKEN2049, Singapore, Nashville, U.S ., U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin slips 1% after Fed cuts interest rates for the first time in four years: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Tyrone Ross of 401 Financial discusses adoption of crypto ETFs and what Wall Street still needs to learn about the asset class.

Persons: explainers, Tyrone Ross of Organizations: CNBC Crypto, CNBC

☆ New details of Trump family crypto project released, including who can buy in
▼ + stars: | 2024-09-17 | by ( Mackenzie Sigalos | Christina Wilkie | Mackenzie Sigalos Is A Technology Reporter For Cnbc With A Focus On Cryptocurrency | ) www.nbcnews.com time to read: +6 min

For over a month, the former president and his family have been pumping up a project called World Liberty Financial, promising that it will do many things at once. He’s also part of the small group of World Liberty Financial founders, according to an internal report on the project obtained by CoinDesk. Witkoff was seated to Trump’s right during Monday night’s spaces, and described how he brought the Trump family together two crypto entrepreneurs. Alongside Trump and Witkoff, founders include Donald Trump Jr., Eric Trump and Barron Trump, as well as Witkoff’s son, Zach Witkoff, according to a person briefed by a member of the group’s founding team. CNBC reached out to Eric Trump and Witkoff to ask about their leadership roles within World Liberty, and didn’t immediately receive a reply.

Persons: Donald Trump’s “, Zak Folkman, Folkman, Trump, Gary Gensler, Steve Witkoff, Witkoff, Trump’s, He’s, “, Chase Herro, I’ve, ”, ‘, Eric, Don Jr, Let’s, We’ve, Donald Trump Jr, Eric Trump, Barron Trump, Zach Witkoff, CoinDesk, Barron, ” Eric, Donald Jr, didn’t, Donald Trump Organizations: Republican, Trump, Liberty Financial, Securities, Exchange, Securities and Exchange Commission, SEC, Trump International Golf Club, FBI, World Liberty Financial, CoinDesk, Witkoff, Trump Media Technology Group, NBC, ”, Bloomberg, Trump Organization, Liberty, CNBC, GOP Locations: West Palm Beach , Florida, Nashville

☆ Donald Trump is going all-in on the crypto bro vote
▼ + stars: | 2024-09-17 | by ( Grace Eliza Goodwin | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

Read previewFormer President Donald Trump is taking his courtship of the crypto industry to the next level. "If we don't do it, China will do it," Trump told Sarmad, referring to making cryptocurrency mainstream. Ahead of the Monday livestream, Trump said he would use the event to launch his latest business venture: a new crypto-banking platform called World Liberty Financial. During the Monday livestream, Trump credited his changing perspective on crypto to his NFTs' positive response. During the Monday livestream, Trump took a scaremongering approach, encouraging crypto lovers to vote for him lest they court hostility from the US Securities and Exchange Commission.

Persons: —, Donald Trump, Web3, Trump, Sarmad, Chase Herro, Zach Witkoff, Steve Witkoff, Trump's, Donald Jr, Eric, Barron, Don Jr, Kenneth Niemeyer, hocking NFTs, Joe Biden, poising, you'd, bitcoin, Kamala Harris Organizations: Service, Republican, Business, Liberty, Liberty Financial, CNBC, Trump, New York Times, US Securities and Exchange Commission, Analysts, Fox Business Locations: China, Nashville, United States, cryptocurrencies

☆ Bitcoin is surging on hopes rate cuts will drive a speculative rush
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The rise comes amid anticipation that the Fed will deliver a half-point rate cut. Investors are anticipating the Federal Reserve's long-awaited rate cut tomorrow, which will be announced at the end of the central bank's two-day policy meeting. Regardless of the size of the cut, investors buying up bitcoin are anticipating the looser lending conditions will lead to more speculative behavior. We could be seeing a recovery of investors' appetite for risk-on assets like crypto, instigating more flows into Bitcoin spot ETFs," said Leena ElDeeb, a research analyst at 21Shares. Seasonal factors weakened the spot bitcoin ETF inflows this summer while deteriorating macro conditions drove investors toward safe, risk-off assets.

Persons: —, Morgan Stanley, Tuesday's, Leena ElDeeb, Alex Kuptsikevich, Bill Dudley Organizations: Service, New York

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrump-backed crypto platform announces new details on token offering: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bitwise's Matt Hougan joins from Future Proof 2024 to discuss institutional bitcoin adoption and trends in portfolio allocations for the cryptocurrency.

Persons: explainers, Matt Hougan Organizations: Trump, CNBC Crypto, CNBC

☆ Stock market today: Stocks close mixed as investors gear up for major Fed rate decision
▼ + stars: | 2024-09-17 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Tuesday's retail sales data boosted soft landing outlooks. AdvertisementIndexes were mixed on Tuesday with investors still split on the potential size of an interest rate cut, with less than 24-hours to go before the Federal Reserve announces its policy decision. Unanticipated strength in Tuesday's retail sales data convinced investors that the economy remains robust, and the S&P 500 briefly hit a record high before paring gains. Bond yields edged up ahead of the Fed decision, nodding to the possibility that the odds of a jumbo rate cut fell after retail sales surprised to the upside. AdvertisementStrong retail sales suggest that the Fed does not necessarily have to hurry with larger cuts, as the consumer economy appears intact for now.

Persons: —, LPL, Jeffrey Roach Organizations: Service, Federal Reserve, bitcoin, Treasury

☆ Bitcoin climbs above $60,000 ahead of Fed rate decision
▼ + stars: | 2024-09-17 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +1 min

Bitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve's rate cutting plans. Bitcoin "is likely to react to the news of a Fed rate cut with some retrenchment as the short-term market dynamics filter out," said Philipp Pieper, co-founder of Swarm Markets. The market is divided on whether the Fed would reduce rates by 25 or 50 basis points. One basis point equals 0.01%. Investors have been anticipating Fed rate cuts, the growth of bitcoin ETFs and the outcome of the U.S. presidential election as the next catalysts to shake up the crypto market.

Persons: Bitcoin, cryptocurrency, Donald Trump, Philipp Pieper, bitcoin Organizations: Metrics, Federal Reserve, Swarm Markets, Nasdaq, Investors, U.S

☆ Crypto spending on 2024 election hits $190 million, led by Winklevoss twins
▼ + stars: | 2024-09-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

The Winklevoss twins, Coinbase and Ripple didn't immediately respond to requests for comment. Huge jump from 2020Delmore, who has been assembling reports on crypto donations in the 2024 election for blockchain analytics platform Breadcrumbs, told CNBC that industry spending is nearly double where it was in the mid-terms — more than $190 million in the 2024 election versus $98 million in the 2022 election. It's nearly 13 times spending in 2020 of $15 million — a figure based on a mix of data from FEC and OpenSecrets filings. Unlike the past two election cycles, which featured spending from the now-bankrupt crypto exchange FTX and founder Sam Bankman-Fried, this year's contributor list is more robust and diverse. "Most of the crypto donations in 2022 were from FTX and SBF and almost all of them went to Democrats or PACs that support Democrats," Delmore said.

Persons: Tyler Winklevoss, Cameron Winklevoss, Joe Raedle, Cameron, James Delmore, Donald Trump, Chris Larsen, Brad Garlinghouse, Ro Khanna, John Deaton, Democratic Sen, Elizabeth Warren, Stuart Alderoty, Alderoty, Ripple, David Sacks, Trump, Gary Gensler, Gensler, Harris, Biden, Delmore, It's, Sam Bankman, Fried, Andreessen Horowitz, Coinbase, Coinbase's Organizations: Gemini, Mana Convention, Getty, CNBC, Trump, Republican, Trump America PAC, Fairshake PAC, Labs, Democratic, SEC, San, FEC, Citizen, Fairshake, Bloomberg, Crypto Alliance, DC Locations: Wynwood, Miami , Florida, bitcoin, Massachusetts, San Francisco, FTX

☆ Trump crypto event for World Liberty Financial offers few details so far
▼ + stars: | 2024-09-16 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +6 min

Now, with 50 days until the presidential election, the Republican nominee says he would be launching World Liberty Financial in a Twitter Spaces event that began shortly after 8 p.m. CNBC sent detailed questions to a World Liberty Financial press email address on Monday. He's also part of the small group of World Liberty Financial founders, according to an internal report on the project obtained by CoinDesk. Along with Trump, Witkoff is one of at least a half dozen members of the project's "leadership team." CNBC reached out to World Liberty Financial, the Trump campaign, and the Trump Organization to ask for details related to the project and did not immediately hear back to this request.

Persons: Donald Trump, Kamala Harris, Donald Trump's, cryptocurrencies, Trump, Barron, He's, Gary Gensler, Farokh Sarmad, Steve Witkoff, Witkoff, Trump's, Donald Trump Jr, Eric Trump, Barron Trump, Zach Witkoff, Eric, Donald Jr, didn't Organizations: Democratic, U.S, Republican, Liberty, GOP, Securities and Exchange Commission, SEC, Trump, CNBC, Liberty Financial, Trump International Golf Club, FBI, World Liberty Financial, CoinDesk, Witkoff, Bloomberg, Trump Organization Locations: Philadelphia, Palm, West Palm Beach , Florida, Nashville

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin retreats to $57,000 after weekend rally: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Crypto World's Tanaya Macheel speaks with stakeholders in Wyoming as the state develops its own stable token. She finds out how it would work and how it will handle reserves.

Persons: explainers, Crypto, Tanaya Macheel Organizations: CNBC Crypto, CNBC Locations: Wyoming

☆ Bitcoin network hits record level of power, but falling profits push miners to AI
▼ + stars: | 2024-09-14 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +1 min

A bitcoin sign is seen in the main hall during the Bitcoin 2024 conference at Music City Center July 26, 2024 in Nashville, Tennessee. On the plus side, the cryptocurrency rose 12% in the past seven days and the network hash rate hit an all-time high. Hash rate refers to the collective computing power of all miners in the bitcoin network, and the recent high suggests there have never been more miners online, actively securing the network. Institutional capital has poured in since the SEC approved spot bitcoin exchange-traded funds in January, and the bitcoin network is more robust than ever, held together by a vast and decentralized network of miners securing transactions with the help of large banks of machines. The halving historically precedes a wave of bankruptcies among bitcoin mining firms, which are suddenly generating much less revenue with the same level of operating costs.

Persons: it's, Jefferies, bitcoin Organizations: Music City, Investment, SEC Locations: Nashville , Tennessee

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin nears $60,000 as consumer sentiment hits four-month high: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Adam Sullivan, CEO of Core Scientific, discusses the company's embrace of AI compute and what the 2024 election could mean for crypto.

Persons: explainers, Adam Sullivan Organizations: CNBC Crypto, CNBC, Core

☆ Elon Musk now travels with up to 20 bodyguards who refer to him by the code name 'Voyager,' report says
▼ + stars: | 2024-09-13 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That's the code name that Elon Musk's security team uses to refers to him, The New York Times reported as part of an investigation into the Tesla CEO's protective services. This story is available exclusively to Business Insider subscribers. AdvertisementIn 2022, Business Insider revealed that Musk secretly bought a house after his former address became public knowledge. Related storiesA Tesla SEC filing revealed that Musk's security company billed the company $2.4 million in 2023 and another $500,000 through February 2024, representing just a portion of Musk's total security expenses.

Persons: —, Musk, He's, Errol, Mark Zuckerberg's, Tim, Tesla, Zachary Kirkhorn Organizations: Service, NASA, Elon, New York Times, Business, Times, SEC, Errol's, Apple, Tesla's Locations: bitcoin, Nevada, Texas

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