JUST IN: Every major Wall Street firm is planning to bring bitcoin and crypto to customers - Kraken CEO https://t.co/d39F2eSsbu ...

Core Viewpoint - Red Cat Holdings, Inc. is facing a class action lawsuit due to allegations of misleading statements regarding its production capacity and the value of its contracts, leading to significant stock price declines during the class period from March 18, 2022, to January 15, 2025 [1][3]. Group 1: Allegations and Misleading Statements - The lawsuit claims that Red Cat overstated the production capacity of its Salt Lake City facility and the potential of its Short Range Reconnaissance Program of Record Tranche 2 contract [3]. - On July 27, 2023, Red Cat revealed that its Salt Lake City facility could only produce 100 drones per month, which was a significant reduction from previously stated expectations [4]. - Following this disclosure, Red Cat's stock price fell nearly 9% [4]. Group 2: Financial Performance and Impact - On September 23, 2024, Red Cat reported a first-quarter fiscal year 2025 loss of $0.17 per share, missing expectations, and revenue of $2.8 million, which was $1.07 million below forecasts [5]. - The company admitted that retooling its Salt Lake City facility for high-volume production and pausing manufacturing of the Teal 2 directly impacted sales, resulting in a stock decline of over 25% [5]. Group 3: Further Developments and Stock Decline - On January 16, 2025, Kerrisdale Capital published a report questioning the validity of the SRR contract, stating it was smaller and less favorable than previously communicated [6]. - This report raised concerns about the feasibility of constructing a mass-production facility within two years with an investment of less than $1 million, leading to a stock decline of more than 21% over the following two trading sessions [6].

Right. So, now let's kind of broaden this out. Talk more about crypto. Talk more about the markets.One of our favorite guests, Yan Vanek, CEO of Van Associates. I don't know if the arcade thing worked. It was the best I could do.Yan, good to have you on. Um, as an asset manager yourself. Yeah.Do you read this bill as a way to broadly expand the industry in a one way that, if it hasn't already, is going to affect VanX clients. It's it's affecting a lot of parts of the market. If you just look at what's happe ...

RT Xverse - The Home of BitcoinFi (@XverseApp)Who's bullish on @Starknet?👇 ...

woman, but it was so, so important to a certain group of people. And in a truly momentous act, last March, I signed an executive order establishing the US Strategic Bitcoin Reserve, as well as the United States digital asset stockpile. And that's all signed up.And with today's signing, we're pushing even further into the exciting new frontier. Just as I promised last year, the Genius Act creates a clear and simple regulatory framework to establish and unleash the immense promise of dollar backed stablecoins ...

Signed. Sealed. Law.The GENIUS Act is now official 🇺🇸The US just gave stablecoins a legal framework. Money is moving onchain. https://t.co/n09NsZviH0 ...

According to Bloomberg, U.S. President Donald Trump has officially signed the GENIUS Act, the first federal legislation to regulate stablecoins. The bill aims to establish a clear regulatory framework for stablecoin issuance and reinforce the U.S. dollar’s global dominance. https://t.co/hpbBecucGh ...

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Paul joining us in an exclusive interview and actually his first TV interview of the year is SLB CEO Olivier Leouch. Olivier, thank you very much for coming on. How do we read these earnings.So, thank you for having me. So, earnings show resilience presence in our market growth internationally show margin expansion and demonstrate the the power of a brand. I think we're exposed to many markets and despite the market volatility, despite the uncertainty, I've been able to pull it through uh grow slightly inte ...

Today marks a historic step for digital finance.The GENIUS Act is now law, establishing the first clear federal framework for payment stablecoins in the U.S.At Circle, we’ve long supported transparent rules that strengthen the financial system and unlock responsible innovation.With this milestone, @USDC is ready to help power a more secure, inclusive, and open financial future.We applaud the leadership that made this possible and remain committed to building a digital economy rooted in trust, compliance, an ...