Streetbeat News

Security

XRPUSD

Binance CEO Richard Teng announced the freezing of $4.2 million in XRP tokens linked to a $120 million hack. The XRP Ledger developers alerted exchanges about the hack, leading to Binance's action to support Ripple's efforts in retrieving the funds. The stolen tokens originated from a wallet belonging to Ripple Labs executive chairman Chris Larsen. Blockchain investigator ZachXBT reported that 213 million XRP tokens were stolen and dispersed across various exchanges.

Portfolio Pulse from Murtuza Merchant

February 02, 2024 | 3:10 pm

SNCR

The former CFO of Synchronoss Technologies, Karen Rosenberger, and financial controller Joanna Lanni were found liable for fraud by a New York District Court, involving false financial statements and accounting misconduct. Additionally, Comer Capital Group and its managing partner were charged with breaching fiduciary duty in a $6M bond offering for the Harvey Public Library District, leading to excessive interest payments. FinCEN issued alerts regarding the misuse of non-profits for financing violence in the West Bank and identified Al-Huda Bank as a primary money laundering concern linked to Iranian militias.

Portfolio Pulse from Neil Dennis

February 02, 2024 | 3:03 pm

BLKB

Blackbaud has reached a settlement with the FTC concerning a 2020 security incident. The settlement does not involve any fines or required payments from Blackbaud, and the company has neither admitted nor denied the FTC's allegations.

Portfolio Pulse from Benzinga Newsdesk

February 02, 2024 | 1:58 pm

TSLA

Tesla Inc (NASDAQ:TSLA) is recalling approximately 2.2 million vehicles, including the Cybertruck, due to concerns over reduced visibility of key safety information caused by a smaller font size on the instrument panel for warning lights. The recall encompasses all of Tesla's models such as the Model 3, Model Y, Model X, and Model S sedans and SUVs.

Portfolio Pulse from Anan Ashraf

February 02, 2024 | 11:07 am

BTC-USD

DOGE-USD

ETH-USD

Aliaksandr Klimenka, associated with the defunct BTC-e cryptocurrency exchange, has been arrested and charged by the U.S. DOJ for laundering over $4 billion from criminal activities. His arrest in Latvia and subsequent charges highlight a broader crackdown on illegal cryptocurrency activities, including efforts by U.S. Senator Elizabeth Warren and international actions like Taiwan's new anti-money laundering bill.

Portfolio Pulse from Benzinga Neuro

February 02, 2024 | 3:47 am

EIS

SPY

USO

U.S. Central Command forces shot down a UAV over the Gulf of Aden on Feb. 1 at approximately 5:00 A.M., with no injuries or damage reported.

Portfolio Pulse from Charles Gross

February 01, 2024 | 7:19 pm

BLKB

The U.S. Federal Trade Commission (FTC) has mandated Blackbaud to delete unnecessary data and enhance its data protection measures as a settlement for charges related to a data breach, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 7:10 pm

EIS

SPY

USO

A Qatar official informed Reuters that there is currently no ceasefire agreement in place for Gaza. Although Hamas has received the ceasefire proposal positively, it has yet to respond. The situation remains tense and uncertain.

Portfolio Pulse from Charles Gross

February 01, 2024 | 6:50 pm

USO

A post by Al Jazeera Arabic on X (formerly Twitter) suggesting that Israel agreed to a ceasefire has been deleted. The deletion of this post could impact perceptions and reactions in the financial markets, particularly affecting assets related to geopolitical tensions.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:14 pm

EIS

USO

Israel has agreed to a ceasefire proposal, with initial positive confirmation from Hamas, according to a Qatari Foreign Ministry spokesman. This development could impact related US-listed assets.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 6:03 pm