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Ethics scandal: Ex-Fed governor Adriana Kugler broke trading rules; disclosures show repeated policy violations

File photo: Ex-Fed governor Adriana Kugler (Picture credit: AP) Former Federal Reserve governor Adriana Kugler, who resigned abruptly in August, repeatedly broke the central bank’s strict trading rules before stepping down, according to new disclosures released by US ethics authorities.A report by the US Office of Government Ethics, reviewed after the Federal Reserve referred the…

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CDS lashes out at defence companies: ‘Show a bit of patriotism’ | India News

NEW DELHI: Flagging concerns that Indian arms companies were failing to deliver emergency procurements on time and that some of them were even inflating the extent of indigenous content in their products, Chief of Defence Staff Gen Anil Chauhan has said the armed forces expect “a bit of nationalism and patriotism” in industry’s “profit-driven endeavours”.“Defence…

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Tether Looks to Jump Into Robotics With Reported $1B Investment in German Startup Neura

Stablecoin giant Tether is in discussions to lead a €1 billion ($1.16 billion) funding round for Neura Robotics, a German start-up developing AI-powered humanoid robots. The potential deal would value Neura between €8 billion and €10 billion, the Financial Times reported, citing sources familiar with the talks. If finalized, the investment would represent a sharp…

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What’s In the New Crypto Market Structure Draft?

The Senate Agriculture Committee released its own discussion draft market structure bill, addressing digital commodities and how the Commodity Futures Trading Commission might oversee that sector of the crypto market. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The…

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Bihar elections: Day after win, NDA leaders throng Nitish’s home; govt formation talks begin in Patna & Delhi | India News

PATNA: Bihar CM Nitish Kumar will resign Monday to clear the way for a new NDA govt, a senior JD(U) functionary said Saturday. Nitish is expected to chair the last cabinet meeting of the outgoing govt, then head to Raj Bhavan to submit his resignation to the governor.After returning, he will attend JD(U)’s meeting of…

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Harvard Endowment Takes Rare Leap Into Bitcoin With $443M Bet on BlackRock’s IBIT


Harvard University’s endowment has disclosed a $443 million stake in BlackRock’s iShares Bitcoin Trust (IBIT), making the fund’s largest known equity position a spot bitcoin exchange-traded fund. According to the university’s latest 13F filing with the U.S. Securities and Exchange Commission, the investment fund held 6.8 million shares of IBIT as of the third quarter…

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