Wendy’s Rejects Trian-Led $1.4 Billion Takeover Proposal
The group offered $7.35 per share in cash. Wendy’s said the bid undervalued the chain and overlooked potential gains from its turnaround.
Meta Completes $15 Billion Bond Sale as 2026 Spending Plan Tops $135 Billion
The five note tranches mature from 2031 to 2056 and carry coupons from 5.85% to 7.50%. Meta expects about $28.7 billion from its expanded forward share sale when shares are delivered.
US Sanctions 45 More Targets Tied to Alleged Crypto Scam Empire Prince Group
OFAC targeted offshore companies and associates it says helped Prince Group executives hide assets and dodge earlier sanctions.
U.S. prediction markets regulator issues demand that clashes directly with courts
The Commodity Futures Trading Commission said regulated exchanges can't cut off customers state-by-state, but firms like Kalshi are under court orders to do so.
Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto
GOPAX cited a recommendation from financial authorities, gave no date for reopening, and now handles crypto withdrawals only through emailed requests to its support desk. The post Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email…
Meta Platforms (META) Stock: Rises 2.68% as Company Closes $15 Billion Bond Sale
TLDR Meta stock climbs 2.68% to $621.29 after rebounding from the $600 to $605 range Meta closes a $15 billion bond sale, with coupons ranging from 5.85% to 7.50% Meta’s forward stock offering grows to 46 million shares at $625 per share Meta expects…
Johnson & Johnson (JNJ) Stock: Rises to $273 as FDA Approves RYBREVANT FASPRO for Head and Neck Cancer
TLDR JNJ shares gain 0.35% as FDA approval adds a new head and neck cancer treatment. RYBREVANT FASPRO targets EGFR and MET in certain advanced head and neck cancers. The FDA approval excludes HPV-associated oropharyngeal squamous cell carcinoma.…
Zcash Activates NU7 Upgrade as Private Payments Become 3x Faster
Zcash activates NU7 network upgrade, introducing faster transaction confirmations, increased private-payment capacity, and significant changes to the blockchain’s fee structure. The upgrade went live early Friday, November 6, reducing the target time…
Chainalysis Starts Reopening Compliance Tools Behind IP Allowlists in Sixth Breach Update
Customers that haven't sent trusted IP addresses must do so first, and every user must then set a new password; the firm said late Wednesday all users' password hashes were exposed. The post Chainalysis Starts Reopening Compliance Tools Behind IP…
Greece Approves 10% Crypto Tax Starting in 2027
Greece approves a new cryptocurrency tax framework that will introduce a 10% levy on individual crypto investment gains starting January 1, 2027. The legislation marks the country’s first comprehensive approach to taxing digital assets, while also…