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    In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor. The decision concerns the firm’s previous work for the now-bankrupt FTX exchange. The monitorships were part of the $4.3 billion deal in which Binance pleaded guilty to violating […]

  • Speaker Johnson says it’s U.S.’s ‘biblical admonition’ to help Israel

    Speaker Mike Johnson, R-La., declared that it was the U.S.’s "biblical admonition" to help and support Israel during a Monday night speech. The House GOP leader was addressing an emergency meeting of Christians United For Israel, convened after Iran’s weekend missile attack on the Middle East American ally. "I'm going to state something that you all know – at this critical moment, the United States must show unwavering strength and support for Israel We have to make certain that the entire world...

  • Samsung awarded $6.4 billion by U.S. under CHIPS Act to boost chip production

    The U.S. government will give Samsung up to $6.4 billion in direct funding to boost its chip production in Texas, the Commerce Department said on Monday.In return, the South Korean tech giant will commit $45 billion in investment for its two chip production facilities, one under construction in Taylor and another exiting one in Austin. Samsung will also build an additional advanced packaging plant and a research center.Samsung becomes the third-largest receipt of funding from the U.S. under the...