A cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was “manipulated” by an attacker who transferred [...]
DETROIT (AP) — An engineering company said it has agreed to pay $53 million to settle all remaining lawsuits that alleged some blame for lead-contaminated water in Flint, Mich., a decade ago. The deal by Veolia North America and Flint residents comes on top of $26.3 million in previous settlements with the company, and $626 [...]
Lawsuits filed against cryptocurrency platforms during President Joe Biden’s administration continue to fall away as the administration of President Donald Trump has projected a more lenient stance on cryptocurrency markets. Robinhood is the latest company in the mix, announcing that the Securities and Exchange Commission has closed its investigation into the company and will not [...]
Lawmakers in the Ohio Senate last week heard testimony from the sponsor of a bill that would result in veterans who were disabled as a result of their military service not needing to pay property taxes to a county or the state. Sen. Tom Patton of Strongsville said those individuals already had sacrificed so much [...]
WASHINGTON (AP) — Republican senators pushed a $340 billion budget framework to passage late last week. The hours-long “vote-a-rama” rambled along in a crucial part of the budget process, as senators considered one amendment after another, largely from Democrats trying to halt it. Republicans, however, used their majority to push the package to approval on [...]
ESPN’s coverage of Major League Baseball games — at least in its current form — will conclude at the end of the 2025 season. ESPN Chairman Jimmy Pitaro informed baseball Commissioner Rob Manfred last week that the network was opting out of the final three years of its contract, two people told The Associated Press [...]
The U.S. Department of Justice has started an investigation into the health-care giant UnitedHealth Group’s Medicare billing practices. The Wall Street Journal said federal officials have launched a civil fraud investigation into how the company records diagnoses that lead to extra payments for its Medicare Advantage plans. Those are privately run versions of the government’s [...]
LOS ANGELES (AP) — The Trump administration is targeting California’s high-speed rail project, with federal transportation officials announcing an investigation and possible withdrawal of about $4 billion in federal funding. Voters first approved $10 billion in bond money in 2008 for a project designed to shuttle riders between San Francisco and Los Angeles in less [...]
Coinbase says the Securities and Exchange Commission has dismissed its case against the cryptocurrency platform, pending commission approval. The SEC declined to comment. In June 2023 Coinbase was targeted by federal regulators in a lawsuit that alleged it was operating as an unregistered securities platform and brokerage service. In its complaint, the SEC said Coinbase [...]