Tag: banking

American CryptoFed DAO LLC, which says its mission is to create a blockchain-based monetary system “with zero inflation, zero deflation and zero transaction costs," is a rarity among crypto collectives: It actually sought out regulation,

Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t.

Bitcoin was a genuine technological innovation. But tthe crypto industry has become filled with scams, Ponzi schemes and bad actors.

Bill Ackman, the billionaire CEO of Pershing Square Capital Management, claims he’s had a change of heart regarding crypto and now believes digital assets are here to stay. “I was initially a crypto ...

Shares in the Asia-Pacific were set to rise on Tuesday as positive sentiment grows. The Nikkei futures contract in Chicago was at 28,050 while its counterpart in Osaka was at 28,040. That compared ...

From bankruptcy filing to a class action lawsuit, here's what we know about the controversy surrounding crypto giant FTX.

Coinbase Global Inc. shares hit an all-time low amid rising investor skittishness over how far the fallout from rival exchange FTX’s insolvency might spread.

Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of digital asset exchange FTX rippled across the industry and significantly ...

Commodity Futures Trading Commission Chairman Rostin Behnam will testify at a Senate Agriculture Committee hearing on Dec. 1 about the collapse of crypto exchange FTX, the committee said in an ...

A list of FTX's top 50 unsecured creditors shows the largest lender of the bunch is owed more than $226 million.

We expect IPO activity to go through cyclical highs and lows, as the market re-calibrates from the pandemic mindset to 'regular programming'," said Tay Hwee Ling, disruptive events advisory leader ...

Axios reported that Komodo planned to IPO in June or July, depending on the market conditions. But the market worsened as months passed. Arif Nathoo, the startup's CEO and cofounder, said Komodo ...

Kaynes Technology IPO allotment: After closure of subscription, bidders are eagerly waiting for finalisation of share allocation of the initial public offering (IPO) worth ₹857.82 crore.

Investors who have been burned by the IPO schemes have described a social engineering process where they respond to some kind of seemingly benign digital communication. “These schemes sometimes ...

The proposed listing was suspended repeatedly over the past two years after a series of setbacks, including the legal firm that advised on the IPO being subject to an investigation. [BYD filing, in ...

U.S.-based IPOs raised over $155 billion in 2021, a record year for IPO valuations. At the same time, insiders sold $35.5 billion in shares of companies that went public in 2021 in the U.S. These ...