Securitize posts record revenue in the first quarter as it gears up for public listing

Securitize reported record quarterly revenue as the tokenization platform continues to move toward an eventual public listing through its proposed SPAC merger with Cantor Equity Partners II (CEPT), underscoring growing institutional demand for tokenized real-world assets despite continued profitability pressures. The Miami-based company reported Wednesday that first-quarter revenue rose 39% year-over-year to $19.5 million, the…

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String of burglaries rocking LA residential area committed by South American gangs, DA says

Seven people face felony charges in connection with a series of organized home burglaries in Los Angeles County, including at least 20 thefts linked to work crews throughout the San Fernando Valley, prosecutors announced Tuesday. Los Angeles County District Attorney Nathan Hockman said the suspect is accused of committing “brazen, well-planned and predatory” crimes that…

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Sheryl Sandberg tells Gen Z the 10-year career plan is dead as AI wipes out entry-level jobs: ‘Don’t script your career when the future is uncertain’

For generations, graduates have been advised to plan their careers: pick a job, plan for promotion, and know exactly where you want to be in 10 years. But former Facebook executive Sheryl Sandberg believes this advice is dangerously outdated. “Don’t plan your career when the future is uncertain,” Meta’s former chief operating officer just told…

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Fresh trouble for Hardik Pandya! Mumbai Indians skipper fined for code of conduct breach after KKR defeat

New Delhi: What has been a forgettable season for Mumbai Indians suffered another setback on Thursday when captain Hardik Pandya was fined for violating the IPL code of conduct during the loss to Kolkata Knight Riders at the Eden Gardens. Pandya was punished for clearly venting his frustration on the field during MI’s four-wicket defeat,…

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The $6 billion expiration countdown: Traders pile into $82,000 bitcoin (BTC) calls ahead of May 29 expiry

Bitcoin Bitcoin$77,172.49 Deribit has about $6.25 billion worth of options expiring on May 29, and position data shows $75,000 and $80,000 as key levels to watch. The $75,000 puts have the highest concentration, with a notional value of $394 million, while the $80,000 calls are dominated by $532 million. The maximum pain price (i.e. the…

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