Latest news with #Vermont
Yahoo
8 hours ago
- Business
- Yahoo
Kraken Debuts Derivatives Trading in U.S., Plans Expansion to Commodity, Stock Futures
Crypto exchange Kraken on Tuesday debuted its U.S.-regulated crypto derivatives trading platform as it eyes expansion into a broader set of asset classes. Dubbed Kraken Derivatives US, the marketplace integrates futures trading with spot crypto markets, giving traders a single interface to manage margin and risk. The service allows for instant collateral transfer between spot and futures positions. The offering first went live in Vermont, West Virginia, North Dakota, Mississippi and District of Columbia, with more states to be added, the exchange said in an X post. The firm also shared plans in a press release about expanding its derivatives offering to a wider array of asset classes later this year, including commodities, fixed income, FX and equity futures. The debut comes as crypto exchanges are racing towards offering a unified marketplace across asset classes as competition with digital brokers and traditional trading venues is heating up. To do so, Kraken acquired a CFTC-licensed futures trading platform NinjaTrader for $1.5 billion earlier this year. Rival exchange Coinbase acquired options trading marketplace Deribit and launched perpetual-style futures regulated by CFTC in the U.S. Meanwhile, digital trading platform Robinhood bought regulated crypto exchange Bitstamp. Kraken also recently introduced tokenized stock trading through the xStocks in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20 hours ago
- Business
- Yahoo
Kraken Debuts Derivatives Trading in U.S., Plans Expansion to Commodity, Stock Futures
Crypto exchange Kraken on Tuesday debuted its U.S.-regulated crypto derivatives trading platform as it eyes expansion into a broader set of asset classes. Dubbed Kraken Derivatives US, the marketplace integrates futures trading with spot crypto markets, giving traders a single interface to manage margin and risk. The service allows for instant collateral transfer between spot and futures positions. The offering first went live in Vermont, West Virginia, North Dakota, Mississippi and District of Columbia, with more states to be added, the exchange said in an X post. The firm also shared plans in a press release about expanding its derivatives offering to a wider array of asset classes later this year, including commodities, fixed income, FX and equity futures. The debut comes as crypto exchanges are racing towards offering a unified marketplace across asset classes as competition with digital brokers and traditional trading venues is heating up. To do so, Kraken acquired a CFTC-licensed futures trading platform NinjaTrader for $1.5 billion earlier this year. Rival exchange Coinbase acquired options trading marketplace Deribit and launched perpetual-style futures regulated by CFTC in the U.S. Meanwhile, digital trading platform Robinhood bought regulated crypto exchange Bitstamp. Kraken also recently introduced tokenized stock trading through the xStocks Alliance.
TechCrunch
2 days ago
- Health
- TechCrunch
Episource is notifying millions of people that their health data was stolen
Medical billing giant Episource is notifying millions of people across the United States that their personal and health information was stolen in a cyberattack earlier this year. The breach affects more than 5.4 million people, according to a listing with the U.S. Department of Health and Human Services, making it one of the largest healthcare breaches of the year so far. Episource, owned by health insurance giant UnitedHealth Group's subsidiary Optum, provides billing adjustment to the doctors, hospitals, and other organizations that work in the healthcare industry. As such, the company handles large amounts of patients' personal and medical data to process claims through their health insurance. In notices filed in California and Vermont on Friday, Episource said a criminal was able to 'see and take copies' of patient and member data from its systems during the weeklong breach ending February 6. The stolen information includes personal information, such as names, postal and email addresses, and phone numbers, as well as protected health data, including medical record numbers, and data relating to doctors, diagnoses, medications, test results, imaging, care, and other treatment. The stolen data also contains health insurance information, like health plans, policies, and member numbers. Episource did not describe the nature of the incident, but Sharp Healthcare, one of the companies that works with Episource and was affected by the cyberattack, told its customers that the Episource hack was caused by ransomware. This is the latest cybersecurity incident to hit UnitedHealth in recent years. Change Healthcare, one of the largest companies in the U.S. healthcare industry that processes billions of health transactions each year, was hacked by a ransomware gang in February 2024, leading to the theft of more than 190 million Americans' personal and health information. The cyberattack was the largest healthcare data breach in U.S. history. Several months later, UnitedHealth's Optum unit left an internal chatbot used by employees to ask about claims exposed to the internet.
Yahoo
2 days ago
- Business
- Yahoo
Unilever names Jochanan Senf as new Ben & Jerry's CEO
Unilever has appointed Jochanan Senf as the CEO of Ben Jerry's following the exit of former Dave Stever as the head of the subsidiary in March. According to Ben & Jerry's independent board, Stever was ousted earlier this year for defending the company's social activism on issues like immigration, Black Lives Matter and pro-Palestinian protests. In March, Ben & Jerry's filed a case in New York accusing Unilever of removing Stever without the approval of the subsidiary's own board. The move, Ben & Jerry's contested, violated an agreement meant to protect its independence and social activism. Under the terms of its acquisition of Ben & Jerry's in 2000, Unilever agreed to retain an independent board of directors at the Vermont-based business who were focused on maintaining the brand's social mission. According to The Wall Street Journal, the Ben & Jerry's board was not given the chance to interview candidates to succeed Stever. Just Food has asked Unilever to comment. Disagreements between the businesses originated in 2021 when Ben & Jerry's announced it was halting sales in the Israeli-occupied West Bank, causing a backlash in Israel which threatened a boycott of Unilever products. In June 2022, Unilever sold its ice cream operation in the country in an attempt to draw a line under a damaging diplomatic row. Last November, Ben & Jerry's filed a lawsuit saying Unilever had tried to stop it from expressing support for Palestinian refugees. Unilever denied the claims. In February, in another court filing, Ben & Jerry's said its owner had tried to ban it from publicly criticising US President Donald Trump. Unilever is planning to spin off its ice-cream business later this year with the new company to be listed in Amsterdam, London and New York. In a statement from Unilever, the FMCG giant described Senf as an 'ice cream veteran' adding his career has been 'deeply entwined with Ben & Jerry's'. According to Senf's LinkedIn profile, he spent seven years at Ben & Jerry's as MD for its business in Europe. Senf has spent more than 20 years at Unilever included the role at Ben & Jerry's. Since 2022, he has been the general manager for Unilever's food business in the DACH markets. The statement said: 'This experience allowed him to learn first-hand the importance and power of Ben & Jerry's unique three-part mission – product, economic and social – and how this is instrumental to the success of the business and its impact on communities. In 2024, Unilever's ice-cream business generated a turnover of €8.3bn ($9.7bn), up 4.5% on a year earlier. The demerged business will be called The Magnum Ice Cream Company and based in the Netherlands. "Unilever names Jochanan Senf as new Ben & Jerry's CEO" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
New York Times
2 days ago
- Health
- New York Times
The Heroin Pipeline That Linked New York to Vermont
Good morning. It's Monday. Today we'll look at a heroin network that stretched from the Bronx to Vermont, devastating families in both places. The opening scene is heartbreaking. An 18-month-old girl is crawling on her sleeping father, the kind of silly game that any parent who has ever tried to get five minutes of rest can relate to. But he doesn't wake up. He has overdosed on heroin. As my colleague Benjamin Weiser reports, that ending has become familiar to many families, too. For the past several years, Ben has been reporting on a heroin network that stretched from the Bronx to Vermont for a 4,750-word project with the headline 'How a Single Overdose Unraveled an Empire of Heroin.' The story begins in Rutland, Vt., with the death of David Blanchard III, 28, who overdosed in a motel room, with his girlfriend and their young daughter nearby. The article describes how a particular type of heroin, sold under the brand name 'Flow,' ensnared users, dealers, prosecutors and bystanders in a tangled weave of destruction across hundreds of miles. Fentanyl has taken the spotlight in the war on drugs, but the article shows how heroin fueled a crisis in Vermont just a few years ago. In 2012, Blanchard's heroin overdose was one of 50 opioid-related deaths in Vermont, Ben reports. By 2016, overdose deaths had doubled, to 106, and five years later, they had doubled again. Want all of The Times? Subscribe.
