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Category: FINANCE

Posted on 25/11/2023

Netflix Director Spent Millions of the Streamer’s Money on Crypto and Rolls-Royces in $55 Million Sci-Fi Writeoff

Carl Erik Rinsch's ambitious sci-fi series "Conquest" was cut off following alleged misuse of funds, erratic behavior and unfulfilled promises The post Netflix Director Spent Millions of the Streamer’s Money on Crypto and Rolls-Royces in $55 Million Sci-Fi Writeoff appeared first on TheWrap.

Posted on 25/11/2023

Binance to pay $4.3 billion in fines for money laundering violations

Binance is set to pay an unprecedented $4.3 billion in fines and restitution after pleading guilty to money laundering violations, federal authorities announced. Settlement details: The settlement involves agreements with the Justice Department,

Posted on 25/11/2023

Crypto laid bare: What U.S. federal charges against Binance’s CEO expose about the industry’s deceit

The crypto industry’s dreams of being viewed as a safe and sophisticated alternative to centralized banking have been shattered

Posted on 25/11/2023

Japan’s Factory Activity Drops to Nine-Month Low Adding to Recession Fears

Activity in Japan’s factory sector has deteriorated to the worst level since February, adding to fears of a technical recession as the last quarter of the year heads toward an end.

Posted on 25/11/2023

Money ‘Flooding’ In—Crypto Now Braced For A Huge Multi-Trillion Wall Street Earthquake Amid Bitcoin, Ethereum, XRP And Crypto Price Boom

The former president of the New York Stock Exchange has predicted money will "flood" into the market when a long-awaited bitcoin spot exchange-traded fund (ETF) is eventually

Posted on 25/11/2023

CZ Is Out, as Binance Becomes the Latest Crypto Company to Get Crushed by the Feds

Binance founder and CEO Changpeng 'CZ' Zhao pleads guilty to federal charges, as does his company. He's out, and the company will pay a huge fine.

Posted on 25/11/2023

Netflix handed a director millions to make a sci-fi series, but he squandered it on stocks, crypto, and flashy cars: NYT

Carl Erik Rinsch spent the millions Netflix gave him for his sci-fi series on bets in the stock and cryptocurrency markets, per The New York Times.

Posted on 25/11/2023

3 Investment Banks to Watch Despite Industry-Wide Challenges

3 Key Themes to Keep an Eye on in the Investment Bank Industry Weakness in Underwriting and Advisory Business: After a blockbuster performance in 2021, IPO, underwriting and ... Frankfurt, Tokyo, Hong ...

Posted on 24/11/2023

Why Stamping Out Crypto Bros Could Help Bitcoin

Binance’s landmark settlement with U.S. officials may clear the way for better exchange-traded funds based on the largest digital currency.

Posted on 24/11/2023

College Dropouts Who Weathered Crypto’s Crash See Promise Ahead

When Carson Case, a computer science major, dropped out of the University of Nevada, Reno to pursue a crypto career in 2020, he didn’t have much of a plan. The then-sophomore just knew he didn’t want ...

Posted on 24/11/2023

ECB chief Lagarde admits her son lost crypto cash

No one is a prophet in their own land, including European Central Bank President Christine Lagarde, who admitted on Friday that her son lost "almost all" of his investments in crypto assets, despite ...

Posted on 24/11/2023

Market Highlights: Sensex, Nifty close flat again as IT stocks tumble

Sensex Today | Share Market Live Updates: Indian benchmark indices ended flat on Thursday with the Nifty 50 just above 19,800 and the Sensex at 66,017.81.

Posted on 24/11/2023

Asia markets mixed as investors assess key Japan economic data, Nikkei hits 4-month high

Japan saw its October inflation figures quicken slightly, and also saw flash estimates on its November factory activity.

Posted on 24/11/2023

Cryptos show resilience; BNB gains on Binance Japan launch – Forkast News

Bitcoin, Ether and most other top ten non-stablecoin tokens gained in Wednesday morning trading in Asia, with Bitcoin recovering above the US$29,000 support ...

Posted on 24/11/2023

Jefferies’ Chris Wood removes Bajaj Finance from Asia-ex-Japan long-only portfolio

The sectors that constitute part of Jefferies' India long-only equity portfolio are financials, energy, real estate, infrastructure, transport, power equipment, and internet.

Posted on 24/11/2023

This Thanksgiving, Crypto Leaders Give Thanks For BlackRock’s Bitcoin ETF, Ripple’s Legal Victory And A Dogecoin Statue In Japan

Eli Taranto, Executive Director at EQI Bank, the world's first licensed and regulated Bank for Crypto expressed appreciation for the surge in Bitcoin prices.

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