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PUMP token erases gains less than a week after initial coin offering amid rising share of LetsBONK memecoin generator https://t.co/xbC1DxUtep ...

RT Brian Armstrong (@brian_armstrong)Surreal moment.President Trump just signed the first federal crypto bill into law, ushering in a new era for crypto, one that starts today for stablecoins.Market structure will be next and we’re committed to the White House’s September 30 deadline. https://t.co/JAhBs5VqSr ...

So, joining us now from the White House is Coinbase CEO Brian Armstrong along with our own Emily Wilkins. Emily, take it away. Thank you so much, Morgan. Brian, thank you so much for being here.You got that shout out, of course, from the president. Talk to me a little bit about what this stable coin bill becoming law is going to mean for Coinbase. Yeah, well, this stable coin bill passing is really a financial revolution for America.It means that crypto can finally start updating the financial system, espec ...

Ether And Bitcoin Score Biggest ‘Crypto Week’ Surges As Trump Signs Stablecoin Billhttps://t.co/xab5We3nr2 https://t.co/yvmf0aOLFP ...

This is really a big day as we sign the landmark Genius Act into law. The Genius Act creates a clear and simple regulatory framework to establish and unleash the dollarbacked stable coins. This could be perhaps the greatest revolution in financial technology since the birth of the internet itself.Consumers, vendors, and people all over the world will then be able to use those stable coins for ultra- lowcost transactions that are cleared and settled in a matter of seconds rather than weeks and months. It's r ...

Core Viewpoint - Broadmark Realty Capital Inc. is facing a class action lawsuit related to its merger with Ready Capital Corporation, alleging misleading statements in the proxy statement used for shareholder approval [3][4]. Company Overview - Broadmark Realty Capital Inc. and Ready Capital Corporation are classified as real estate investment trusts (REITs) [3]. Merger Details - The merger between Broadmark and Ready Capital was approved by Broadmark shareholders on May 30, 2023, and finalized on May 31, 2023 [3]. Allegations in the Lawsuit - The lawsuit claims that the proxy statement contained materially false and/or misleading statements and omitted key facts [3]. - Specific allegations include: 1. A significant portion of borrowers in Ready Capital's loan portfolio were experiencing financial distress due to rising interest rates, increasing their borrowing costs [5]. 2. An oversupply of multifamily properties in Ready Capital's core markets limited borrowers' ability to raise rents to offset growing debt obligations [5]. 3. A major development project, a Ritz-Carlton in Portland, Oregon, faced severe setbacks, including cost overruns, construction delays, and funding shortfalls, representing approximately $500 million of Ready Capital's acquired loan portfolio [5]. 4. Ready Capital's Current Expected Credit Loss (CECL) reserves and projected credit losses were significantly understated due to these issues [5]. 5. Financial projections from Ready Capital, including estimates of Distributable Earnings per share, dividends per share, and book value per share, lacked a reasonable basis when issued [5]. Legal Representation - The plaintiffs are represented by Robbins Geller Rudman & Dowd LLP, a firm experienced in prosecuting investor class actions involving financial fraud [4].

President Donald Trump signed the first federal bill to regulate stablecoins, hailing it as a “giant step to cement American dominance of global finance and crypto technology” https://t.co/aeIKER2OTb https://t.co/3DS4wXiO7V ...

RT BSCN (@BSCNews)SATOSHI'S TRUE IDENTITY REVEALED?! This theory about the founder of $BTC is one you need to know... https://t.co/Nalnhw3aRZ ...