John Lothian: Week in Review (May 13-17, 2024)

John Lothian: Week in Review (May 13-17, 2024)

JLN PRESS ROOM PICK OF THE WEEK

MIT students stole $25M in seconds by exploiting ETH blockchain bug, DOJ says

Within approximately 12 seconds, two highly educated brothers allegedly stole $25 million by tampering with the ethereum blockchain in a never-before-seen cryptocurrency scheme, according to an indictment that the US Department of Justice unsealed Wednesday.

The Weekend Update

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John Lothian: Week in Review (January 15-19, 2024)

John Lothian: Week in Review (January 15-19, 2024)

JLN PRESS ROOM PICK OF THE WEEK

SEC’s bitcoin ETF sign-off comes with a stark reminder of its lingering doubts

Poland plans to set an end date for coal-fuelled power, the country’s Secretary of State for Climate Urszula Zielinska said on Monday, marking a shift from the previous government’s stance on climate change.

John Lothian: Week in Review (January 8-12, 2024)

John Lothian: Week in Review (January 8-12, 2024)

JLN PRESS ROOM PICK OF THE WEEK

SEC’s bitcoin ETF sign-off comes with a stark reminder of its lingering doubts

You hear the word Goldilocks a lot at present. The catchall term for “not too hot, not too cold, but just right” implies great conditions for markets. And by the time midnight rang on New Year’s Eve, the world very much deployed on the basis that Goldilocks would indeed find her way through the woods.

John Lothian: Week in Review (January 1st – 5th)

John Lothian: Week in Review (January 1st – 5th)

JLN PRESS ROOM PICK OF THE WEEK

Goldilocks Has Markets Coming and Going

You hear the word Goldilocks a lot at present. The catchall term for “not too hot, not too cold, but just right” implies great conditions for markets. And by the time midnight rang on New Year’s Eve, the world very much deployed on the basis that Goldilocks would indeed find her way through the woods.

John Lothian: Week in Review (December 25th-29th, 2023)

John Lothian: Week in Review (December 25th-29th, 2023)

JLN PRESS ROOM PICK OF THE WEEK

The Times Sues OpenAI and Microsoft Over A.I. Use of Copyrighted Work

Millions of articles from The New York Times were used to train chatbots that now compete with it, the lawsuit said.

John Lothian: Week in Review (December 11th-15th, 2023)

John Lothian: Week in Review (December 11th-15th, 2023)

JLN PRESS ROOM PICK OF THE WEEK

Options Trading Is Rigged Against Average Investors

Would you gamble your life savings on a few hands of blackjack? Probably not. But as a former manager of options trading, I’ve seen amateur investors — encouraged by posts on Reddit and X of massive, easy overnight wins, and offers of “zero-commission” trading online — lose much of their net worth on risky bets.

John Lothian: Week in Review (December 4th-8th, 2023)

John Lothian: Week in Review (December 4th-8th, 2023)

JLN PRESS ROOM PICK OF THE WEEK

Options Trading Is Rigged Against Average Investors

Would you gamble your life savings on a few hands of blackjack? Probably not. But as a former manager of options trading, I’ve seen amateur investors — encouraged by posts on Reddit and X of massive, easy overnight wins, and offers of “zero-commission” trading online — lose much of their net worth on risky bets.

John Lothian: Week in Review (November 27th – December 1st, 2023)

John Lothian: Week in Review (November 27th – December 1st, 2023)

JLN PRESS ROOM PICK OF THE WEEK

CFTC Union Files Harassment Grievance Against Commissioner

NTEU, the National Treasury Employees Union, filed a complaint last week against CFTC Commissioner Caroline Pham alleging “intimidation, harassment, and abuse” in both public and private workplace settings.

This is only an initial filing and Commissioner Pham has yet to provide her side of the events.

John Lothian: Week in Review (November 6th – 10th, 2023)

John Lothian: Week in Review (November 6th – 10th, 2023)

JLN PRESS ROOM PICK OF THE WEEK

CFTC Union Files Harassment Grievance Against Commissioner

NTEU, the National Treasury Employees Union, filed a complaint last week against CFTC Commissioner Caroline Pham alleging “intimidation, harassment, and abuse” in both public and private workplace settings.

This is only an initial filing and Commissioner Pham has yet to provide her side of the events.

John Lothian: Week in Review (October 23-27, 2023)

John Lothian: Week in Review (October 23-27, 2023)

JLN PRESS ROOM PICK OF THE WEEK

Griffin Says Scrutiny of SEC Basis Trade ‘Utterly Beyond Me’

The U.S. last year sanctioned a Moscow-based crypto exchange to stymie Russian efforts to evade the financial blockade imposed after the invasion of Ukraine.

John Lothian: Week in Review (October 16-20, 2023)

John Lothian: Week in Review (October 16-20, 2023)

JLN PRESS ROOM PICK OF THE WEEK

The Crypto Exchange Moving Money for Criminal Gangs, Rich Russians and a Hamas-Linked Terror Group

The U.S. last year sanctioned a Moscow-based crypto exchange to stymie Russian efforts to evade the financial blockade imposed after the invasion of Ukraine.

THE WEEKEND UPDATE: August 2-6 2021

THE WEEKEND UPDATE: August 2-6 2021

Bruce Williams was a South Side Chicago street smart kid who found his way to the markets through tennis. As a youth, Williams had dreams of being a professional tennis player, and it was through a local tennis professional who was also a trader at the Chicago Board of Trade that he was first exposed to the markets.

THE WEEKEND UPDATE: APRIL 12-16 2021

THE WEEKEND UPDATE: APRIL 12-16 2021

JLN PRESS ROOM PICK OF THE WEEK SCOTT KNUDSEN – THE PATH TO ELECTRONIC TRADING LED TO A BEST EXECUTION PLATFORM FOR BITCOIN John Lothian News interviewed Scott Knudsen, the founder of Cove Markets and a longtime former executive with IMC, for The Path to Electronic...

THE WEEKEND UPDATE: APRIL 5-9 2021

THE WEEKEND UPDATE: APRIL 5-9 2021

JLN PRESS ROOM PICK OF THE WEEK Robinhood and other 'low cost' brokers are still quietly screwing over their users The ongoing fiasco that grew out of online broker Robinhood's decision to limit customers' ability to buy "meme stocks" like GameStop in January has...