Aubrey O’Day, a former member of the girl group Danity Kane, has shared her reaction to the federal raid on Diddy‘s homes. RELATED: Oop! Video Of Diddy’s Los Angeles & Miami Homes Reportedly Being Raided By Federal Agents Surfaces (WATCH) Here’s What Aubrey O’Day Said As The Shade Room previously reported, …
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Cassie, 50 Cent and Diddy Getty Images (3) Cassie, 50 Cent and more stars are weighing in after federal agents raided Sean “Diddy” Combs’ Los Angeles and Miami homes. “Earlier today, Homeland Security Investigations (HSI) New York executed law enforcement actions as part of an ongoing investigation, with assistance from …
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The legal battle between Custodia Bank and the US Federal Reserve (Fed) is nearing a pivotal juncture, with implications that could reshape the financial landscape for crypto businesses across the country. The dispute centers on Custodia Bank’s quest to secure a master account from the Fed, a crucial step for …
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Rapper Kodak Black is reportedly in federal custody in Miami. As The Shade Room previously reported, the 26-year-old was arrested in Plantation, Florida, on December 6. He was subsequently charged with cocaine possession, tampering with evidence, and an improper stop/stand/park. On December 8, the rapper pled not guilty to his …
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Brittish Williams is opening up about pleading guilty to 15 federal fraud charges and what allegedly prompted the misconduct. As The Shade Room previously reported, the former ‘Basketball Wives’ star was sentenced to four years in prison in October. However, Williams is now appealing her sentence as she reportedly pleads …
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As part of the plea deal with prosecutors, Binance has agreed to pay the United States Department of Justice (DoJ) $4.3 billion. The chief executive officer (CEO) of Binance Changpeng Zhao (CZ) has pleaded guilty to federal money laundering charges and announced he is stepping down from the helm of …
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The mass shooting last month in Maine — perpetrated by an Army reservist allowed to keep his guns reportedly bought days before he underwent psychiatric evaluations due to his erratic behavior that included hearing voices that were not there — briefly reopened debate about whether a standardized red-flag law could …
Read More »The U.S. Federal Reserve is taking legal action against Bitcoin Magazine in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service. In a letter sent to the publication by the Federal Reserve Bank of Chicago, the central bank of the United States is claiming …
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A federal court may formalize the ruling on Grayscale’s ETF today, officially vacating the SEC’s refusal to convert the GBTC. A federal court is set to formalize Grayscale Investments’ victory over the United States Securities and Exchange Commission (SEC) over the firm’s conversion of the GBTC into a spot Bitcoin …
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Following the September meeting, the 10-year Treasury yield had risen to approximately 4.66% as of October 10, reflecting the expected rate increases that policymakers had indicated earlier. Federal Reserve officials have opted to maintain their cautious approach to monetary policy, leaving interest rates unchanged during their September meeting. Minutes from …
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This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. You’re reading a print Bitcoin Magazine so you probably already like Bitcoin, which means you probably don’t like the title or premise of what you’re …
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The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial landscape continues to evolve, these innovative financial instruments garner significant attention for their potential to revolutionize investment strategies and reshape traditional markets. The paper explains that tokenization, similar to stablecoins, …
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