Nasdaq readies to delist Luckin Coffee, China’s answer to Starbucks, after fabricated transactions scandal

The decision was based on ‘public interest concerns’ over fabricated transactions recently disclosed by Luckin, as well as its past failures to publicly disclose information

3 Traps To Avoid When Trading Bitcoin And Crypto

If you don’t believe markets should be regulated then, if you trade or invest in crypto for a year or two, you soon will. While the financial press has always been flooded with histories of dodgy dealings in finance, many of the old scams have long since been driven out of the mainstream system. They are however alive and well in crypto.

US oil prices plunge below zero for first time in history

NEW YORK (BLOOMBERG) – The day started like any other gloomy Monday in the oil market’s worst crisis in a generation. It ended with prices falling below zero for the first time in history, thrusting markets into a parallel universe where traders were willing to pay US$40 a barrel just to get somebody to take crude off their hands.