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Google, Nvidia, & Intel Face Chinese Probe as US Tensions Rise

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In what may be a concerning development for Wall Street, Google, Nvidia (NVDA), and Intel (INTC) are facing a renewed Chinese probe as US tensions rise. Indeed, China has announced a reignited investigation into the three companies as US President Donald Trump issues tariffs on the country. The situation is the byproduct of a burgeoning trade war with the United States and a host of countries. Saturday saw Trump issue the first 10% tariffs on Mexico, Canada, and China. However, he delayed those import taxes a month after speaking with Mexican President Claudia Scheinbaum on Monday. Still, all three nations have already taken retaliatory actions. Source: CNBC Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? Google, Nvidia, and Intel Face Chinese Investigation Amid Ongoing Trump Tariff Turmoil There is no denying that a potential trade war is beginning to arise on a global scale. With China announcing its own tariffs on US products, all eyes are on how both economies w...

Solana-Based DeFi Platform Mango Markets Drafts Proposal for Settlement Conditions With SEC

A decentralized finance (DeFi) platform based on the smart contract platform Solana (SOL) is drafting a proposal to settle with the U.S. Securities and Exchange Commission (SEC). In a new community proposal, the decentralized autonomous organization (DAO) of Mango Markets (MNGO) has voted to settle with the SEC even though the regulator hasn’t formally charged the decentralized exchange (DEX) protocol with any crimes. However, the SEC and other federal agencies launched an investigation into Mango Markets after crypto trader Avraham Eisenberg exploited the protocol for $110 million in 2022. According to the Mango DAO, the SEC has accused them of violating several clauses in The Securities Acts of 1933 and 1934. The DAO goes on to say the settlement, if accepted by the SEC, would include a $233,228 civil penalties payment and an agreement to cease “all of its offers, sales or resales of MNGO tokens on the protocol through the means or instrumentalities...