Author: Charlotte

On June 7, a coalition of more than 200 crypto firms sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer, urging them to schedule the Digital Asset Market Clarity Act for a full Senate vote. The coalition argues that passing the Clarity Act would establish a federal framework for digital assets, clarify the regulatory roles of the SEC and CFTC, create clearer registration pathways, and extend protections to software developers.The House of Representatives passed the Clarity Act last July. Still, it’s been stuck in limbo in the Senate amid debates regarding anti-money-laundering measures, rules for…

Compliance and due diligence will always be top of mind for any investment offerings. However, the landscape for private markets is new territory and Monish Verma, founding partner and CEO at Vardhan Wealth Management, is here to break it down. Verma emphasizes understanding: How strategies work mechanicallyHow they fit alongside stock and bond allocationsHow to translate risks and objectives into clear client language. Key pitfalls and red flags include the use of leverage (limits, rationale, and disclosure), as well as liquidity features such as gates, time horizons and prospectus terms. Verma also outlines manager-evaluation questions that probe purpose, pedigree, process and communication cadence. For…

The nations which have achieved sustained prosperity, development, and global influence are those that have successfully nurtured human intelligence, creativity, and innovation. In the modern era, economic progress is no longer determined solely by natural resources, mineral wealth, or strategic geographic location. Instead, the true drivers of development are human capital, knowledge, research, innovation, and creative thinking. This is why the world’s most prosperous economies continue to flourish under the principles of free-market economics, where individuals are encouraged to express their talents, launch new ventures, and introduce groundbreaking innovations. A free-market economy is an economic system in which the role…

Madison Avenue office tower hits financial rough patch after vacancies soar Crain’s New York Business Source link

BitcoinWorldBackpack Token TGE Reveals Ambitious 25% Supply Unlock Strategy for Community Rewards In a significant development for cryptocurrency exchange tokens, Backpack has announced a substantial 25% token supply unlock at its upcoming Token Generation Event, marking a pivotal moment for exchange-based digital assets and their community distribution models. The exchange revealed this strategic allocation through its official communication channels, detailing specific percentages for different user groups within its ecosystem. This announcement comes during a period of increased regulatory scrutiny and evolving market expectations for transparent token distribution practices across the cryptocurrency industry. Backpack Token TGE Strategy and Initial Allocation Breakdown…

HOBOKEN, N.J., June 15, 2026 /PRNewswire/ — Rocket One, Inc. (Nasdaq: RKTO) (“Rocket One” or the “Company”), a company focused on advanced computing technologies and next-generation infrastructure for the space economy, today provided an update to its shareholders. Dear Fellow Shareholders, The past several months have marked a transformative period for our Company. Following our transition from Hoth Therapeutics to Rocket One Inc. (Nasdaq: RKTO), we have begun executing a strategy focused on advanced computing, artificial intelligence infrastructure, space systems, and defense-related technologies. We believe the coming decade will be defined by the convergence of artificial intelligence, space infrastructure, and national…

BYLINE: Maxwell Bernstein When the U.S. Department of Energy launched the Genesis Mission to supercharge artificial intelligence-driven scientific discovery and innovation, it needed more than supercomputers. It required secure, best-in-class infrastructure to store data so researchers across the country could efficiently access the information.Enter the Fermi Data Platform, or FDP — a system built on thousands of hard drives that make up Fermilab’s scientific storage infrastructure backbone. Selected as a key partner for the Genesis Mission’s American Science Cloud, Fermilab is providing petabytes of storage, robust data-access tools and deep institutional expertise to ensure the data can be used to its fullest…

RSM expands transatlantic alliance in battle with private equity-backed rivals Financial Times Source link

In brief A 32-year-old man has been indicted in Nancy over a so-called “wrench attack” targeting a crypto holder. The man was one of three who allegedly posed as police officers to attack a couple in a bid to steal $20,000 in cryptocurrency. The attack followed a January data breach at French crypto tax platform Waltio that affected 50,000 users. Three men allegedly posed as police officers to attack a couple at their Nancy home, attempting to steal their cryptocurrency portfolio after obtaining their personal information from a breached crypto platform, Le Parisien reported.A 32-year-old man from Vaujours (Seine-Saint-Denis) has…

By Suzanne McGee, Lewis Krauskopf and Anirban SenNEW YORK, June 15 (Reuters) – Last week’s stock market debut of Elon Musk’s SpaceX is forcing providers of equity indexes to reconcile two often-conflicting objectives: Do they stick to their inclusion rules or revise them to reflect changes in the market they are targeting?Financial advisers and asset managers agree that both goals can be in the interests of investors – but navigating the tension between the two requires forethought about ​the risk tolerance and appetite for volatility implicit in indexing decisions that have often been presented as one-size-fits-all.“The IPO is the headline,…