Investors are pulling funds out of major crypto exchanges as a result of the collapse of FTX, JPMorgan analysts have said. In a note to investors Wednesday, analysts at the investment bank noted that ...
A meltdown in crypto is taking shape and it’s not just FTX’s fault
Hi, there: it’s Mark DeCambre, Editor in Chief MarketWatch, subbing in for our crypto reporter, Frances Yue, in this installment of Distributed Ledger. And what an illuminating several weeks it has ...
Failed crypto firm FTX has some key Boston connections
As the saga of failed crypto exchange FTX continues to unfold, questions are swirling around the firm’s leaders. People are trying to piece together exactly what they did, and how they ended up being ...
Bitcoin Could Drop Below $10,000 In The Current Crypto Winter
Bitcoin prices have already dropped by 75% since their previous ... inflation rates in some of the world's most important economies are depicted (U.S., China, Germany, Japan, UK). As we can see, there ...
Factbox-From Genesis to Voyager, crypto firms’ exposure to FTX is coming to light
BlockFi and Genesis, two firms with exposure to FTX or its affiliated crypto trading firm Alameda Research, have suspended customer withdrawals as the market unpacks the extent of FTX's reach. Other ...
Oil producer Ithaca shares sink in UK’s largest IPO of 2022
As Europe's fifth biggest IPO of the year began trading, Ithaca's shares fell as much as 11.6% below their 250 pence issue price, touching a low of 221 pence shortly after midday. At 1617 GMT ...
Energy security trumps the climate? London’s biggest IPO of the year is an oil company
It was last trading at about 230 pence ($2.62), more than 7% below its IPO price. That was already at the bottom end of the range established by the company’s investment bankers, according to ...
DCX Systems IPO share allotment today. GMP, how to check status online
DCX Systems IPO GMP today: Share allocation of DCX Systems Limited initial public offering (IPO) can be announced any time today as tentative DCX Systems IPO allotment date is 8th November 2022 i ...
How the IPO Market Froze
The IPO market faces its worst year in two decades, forcing some companies to slash their valuations by nearly 80% and seek funding in private markets. WSJ explains why the market for public ...
Paytm share price tumbles nearly 10% as SoftBank seeks to cut stake
Shares of One 97 Communications Ltd (Paytm) tumbled about 10% to ₹ 541 apiece on the BSE in Thursday's opening deals as a unit of Japan’s SoftBank Group Corp offered to cut its stake in the company.
Why the Crypto Collapse Matters
That’s what anyone watching the sudden collapse of FTX, a hot cryptocurrency start-up that plunged into bankruptcy last week, might be puzzling over. It will take time — and multiple federal ...
Crypto watchdogs have a giant offshore problem
Tighter cryptocurrency regulation is inevitable after the collapse of exchange FTX. Even so, there will still be places that the rules don’t touch. Big players like Binance, as well as services based ...
Binance CEO Changpeng Zhao: FTX will set crypto back, but the industry will become healthier
Binance CEO Changpeng Zhao joins CNBC's 'Squawk Box' to discuss the collapse of crypto exchange FTX and what it could mean for the crypto industry.
Don’t Let Crypto Bros Undermine Effective Altruism
The spectacular collapse of the cryptocurrency trading firm FTX has raised a number of urgent questions. Why did the founder, Sam Bankman-Fried, get such fawning media coverage? Will his customers get ...
Wall Street Sours on Coinbase, Signaling Broad Crypto Doubts
The prices of the exchange’s stock and bonds reflect anxieties after the collapse of rival FTX and sharp declines in bitcoin.
Bikaji Foods IPO: What GMP signals as all eyes set on share listing date
However, stock market experts strongly recommended bidders to go with their conviction developed after going through the company's financials. They said that balance sheet of the company reflects ...