Kraken has frozen accounts owned by FTX Group, Alameda Research and their executives following their filing for Chapter 11 bankruptcy protection. “Kraken has spoken with law enforcement regardin...
Category: Finance
Live Finance News Updates.
Huobi reports on asset transparency, totals $3.5 billion in hot and cold wallets
Huobi disclosed balance details of its hot and cold wallets, revealing a total value of about $3.5 billion. The Seychelles-based crypto exchange said it holds 32,000 bitcoins, 274,000 ether, 820...
Why Cricket Went In On NFTs
Virat Kohli produced an indelible moment at the T20 World Cup against Pakistan (Photo by Quinn … [+] Rooney/Getty Images) Getty Images Those watching the ongoing T20 World Cup should be well acq...
Bahamas regulator contradicts FTX claim that it was required to process local withdrawals
The Securities Commission of the Bahamas (SCB) did not require failed crypto exchange FTX to allow withdrawals for users in the country, according to a statement shared on the financial regulator̵...
Shiba Inu, Snowfall Protocol and Porto – Innovation Is the New Tomorrow
Snowfall Protocol (SNW), Porto, and Shiba Inu are among our top picks. Fasten your seatbelts as we’re about to embark on a journey through the realms of ultimate exploration. This article is undoubted...
AMD Stock: AMD Introduces Epyc 4 Server Chips
Wall Street analysts gushed about AMD‘s (AMD) fourth-generation Epyc server processors, saying the new chips will help it gain market share in data centers. AMD stock rose on Friday. X The Santa...
3 Cryptocurrencies Under $1 For 2023 With Lofty Goals – Rocketize Token, The Sandbox, And Shiba Inu
People have been looking around to find projects working on improving blockchain technology. While there are numerous coins determined to achieve this level of success, the efforts of Rocketize Token ...
Dollar Is Still King for Strategists Looking Beyond Rout
(Bloomberg) — The dollar has notched up its worst week since the early days of the Covid pandemic, but analysts think a long-running stampede for the greenback might not be over just yet. Most R...
A Berkshire Hathaway Bright Spot: Energy. Here Are the Numbers.
Warren Buffett likes energy. Berkshire Hathaway now owns some $58 billion of Chevron and Occidental Petroleum securities. It isn’t Berkshire’s largest holding; that would be insurance, led by auto ins...
FREY Stock Pops As Freyr Battery Startup Selects U.S. Gigafactory Site With Earnings Due; Polestar Soars
Freyr Battery (FREY) prepares to report earnings for the third quarter after selecting Georgia for its Giga America battery cell factory. FREY stock jumped Friday. EV stocks in general rallied, led by...
Wild Stock Spike Revives Is-This-the-Bottom Debate for Third Time This Year
(Bloomberg) — Another rousing recovery in equities and guess what: everyone wants to argue whether the bottom is in. That bulls have been wrong two times already in 2022 is doing little to tamp ...
Stock Market Shifts To Growth Stocks From Health Care And Defensive
The major stock market indexes all closed positive to finish out the trading day, and near the highs of the day. Investors rotated out of health care and staples stocks for more growth plays. X The S&...
FSA issues business suspension order against FTX Japan
The FSA has ordered FTX Japan to suspend its business operations for a given period of time. The order by FSA includes three crucial points. The Kanto Local Finance Bureau has ordered FTX Japan,...
Uniglo.io Opens Investors To Unlimited Profits Following Burn Event, Will Big Eyes And IMPT Be Able To Compete?
Potential profits with GLO could be unlimited, especially after it burns an insane amount of supply on official launch day. This has left holders of other tokens like EYES and IMPT questioning whether...
IPO Stock Of The Week: New Issue Mobileye Breaks Out Past First Buy Point
Mobileye Global (MBLY) is breaking out past its first buy point after its Oct. 26 debut, amid newfound stock market strength, and is this week’s IPO Stock Of The Week. X IPO Stock To Buy And Wat...
Avalanche price analysis: AVAX to retest $12.8 as support
The Avalanche price analysis shows a bearish daily trend. The bears have taken over the market again after a bullish start observed by the coin, but now, the trend is again shifting towards the bearis...
H-1B worker advice, managing remote teams, pitch deck teardown
According to layoffs.fyi, more than 23,000 tech workers have been laid off so far this month. For comparison, the site tracked 12,463 layoffs in October. Facebook’s parent company Meta announced...
Manchester City’s World Cup Call-Ups Could Give Arsenal Edge In Title Race
Gabriel Martinelli of Arsenal celebrates with teammates after scoring their team’s first goal during … [+] the Premier League match between Arsenal FC and Liverpool FC at Emirates Stadium ...
Compass Soars 89% Over Two Days on Cost Cuts, Housing Hopes
(Bloomberg) — Compass Inc. has surged 89% over two days as the hard-hit home seller committed to managing costs, building on investors’ optimism that the Federal Reserve could slow the pace of r...
Multiple IBD 50 Growth Stocks Set Up Entry Points, Some After Strong Earnings
The IBD 50, a list of growth stocks that are screened based on recent strong earnings growth and sound technical ratings, finds several stocks setting up bases with buy points on watch. X With the sto...
4 Kitchen Appliances That Can Kill You But May Look Innocent
If you don’t keep your microwave oven in good condition, it could catch fire. (Photo: Getty) getty This doesn’t mean that you should freak out and duck and roll every time you make avocado toast...
Alibaba Singles’ Day Sales Kept a Secret for the First Time
(Bloomberg) — Alibaba Group Holding Ltd. decided not to disclose full sales results for its signature Singles’ Day shopping festival for the first time, after forecasts that the figure may suffe...
FTX bankruptcy: Can account holders expect to get their money back?
FTX, the unraveling cryptocurrency exchange, has plummeted from its high-profile perch straight into bankruptcy court. On Friday morning, FTX and related entities including Alameda Research, its affil...
Investors like Jay-Z and Google believe in the rent-to-own model of homeownership — but could it be right for you?
Investors like Jay-Z and Google believe in the rent-to-own model of homeownership — but could it be right for you? When you lease a car, you’ll be given an option at the end of the rental term to buy ...
Disney Plans Job Cuts And Hiring Freeze; CEO Bob Chapek Anticipates ‘Tough And Uncomfortable Decisions’
Amidst economic uncertainty, Walt Disney Co (NYSE: DIS) is reportedly planning to freeze hiring and cut some jobs. In addition, the media conglomerate has reported its quarterly results with an operat...
Ontario Teachers Sunk $95M in FTX—Pension Fund Says Collapse Will Have ‘Limited Impact’
The Ontario Teachers’ Pension Plan says the $95 million it invested in FTX Trading and FTX US will have a “limited impact” on the plan. The investment represents 0.05% of its total net assets, t...
Paradigm marks down FTX investment to zero: Sources
Crypto investment firm Paradigm has told its limited partners that it marked down its investment in now bankrupt exchange group FTX to zero following its liquidity meltdown, according to two persons f...