DUBAI (Reuters) - Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on Friday. Tether issues a stablecoin, also called Tether or USDT, which is designed to maintain a constant value of $1 and is widely...

(Reuters) -Shares of Donald Trump's media and technology company rose over 3% on Friday after it asked the Nasdaq exchange to help prevent alleged market manipulation in its shares by so-called naked short sellers. Trump Media & Technology Group ( DJT ) wrote to Nasdaq CEO Adena Friedman alerting the exchange to potential market manipulation in the stock, it disclosed...

(Reuters) -U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street Journal reported on Friday. Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), are involved in developing...

02:03 PM EDT, 04/19/2024 (MT Newswires) -- Super Micro Computer ( SMCI ) shares tumbled 20% in recent trading Friday after the company announced its fiscal Q3 earnings release date without offering preliminary results for the quarter. The company had released preliminary Q2 results about 11 days before full earnings, boosting its sales outlook. The artificial-intelligence hardware company will release...