(Bloomberg) — US homebuyers are increasingly paying in cash. Most Read from Bloomberg The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usu...
Tag: Cash
Hackers of Crypto Platform Lendhub Move $3.85 Million Into Tornado Cash
As Web3 and crypto go mainstream, several decentralized finance (DeFi) platforms have fallen victim to hacking exploitations, losing millions of dollars in assets to criminals. While DeFi projects see...
Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash
The suspected actors behind the $6 million exploit of decentralized finance (DeFi) lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto ...
SpankChain founder teases Tornado Cash ‘sequel’
Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, has teased a revival of sorts for the controversial Ethereum transaction mixer, Tornado Cash. Soleimani’s tweet indicated the...
Bitcoin Cash Price Prediction – Will BCH Fall Below $130?
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin Cash price is down by 2.68% in the last 24 hours, with its market capitalization seeing a 2.69% downturn. The current...
Affordable, New Cars And Trucks — Even Some EVs — Still Exist; But Stay Small, And Bring Cash
2022 Ford Maverick 2L-EcoBoost AWD Lariat. Photo: Ford There are still some lower-priced new cars and trucks, including even some electric vehicles, on today’s high-priced market, with a desirable lev...
Block’s Cash App Bitcoin Revenue Falls 7%
The Cash App business section of Jack Dorsey’s payment startup, Block Inc., reported Bitcoin (BTC) revenue of $1.83 billion in the fourth quarter, which is a 7% decrease from the same period las...
Bitcoin Cash (BCH) Price Prediction: Will BCH Reach $150 Soon?
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin Cash is among the losing coins today, with a decline of over 2% in 24 hours price. But it has recorded a 6.1% gain over t...
Immutable Reduces Staffs To Prolong Cash Reserve
Join Our Telegram channel to stay up to date on breaking news coverage What – The blockchain firm Immutable is the latest in the industry to dismiss some employees. Why – The negative events within th...
Berkshire Hathaway Posts A Big Loss, Hoards Cash
Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) reported a a net loss of $22.8 billion in 2022, due to market volatility. However, Berkshire’s “operating income” that exclud...
Block’s Cash App Bitcoin Revenue Drops 25% Year-Over-Year
Jack Dorsey’s payments company Block beat Wall Street expectations on the top line but missed on earnings. In its latest earnings report for last quarter, Block reported $1.83 billion in Bitcoin reven...
Block Surpasses Wall Street Expectations Riding on Cash App
Block reported a gross profit of $1.66 billion in 2022, representing a 40% increase from the previous year. Wall Street projected a $1.53 billion return for Block in 2022. Block’s stock jumped by 8% s...
Jack Dorsey’s Cash App Bitcoin Revenue Down 25% Over Previous Year
9 seconds ago | 2 mins read Bitcoin News The company’s Cash App division earned $35 million in Bitcoin, down 25%. In 2022, Block’s annual gross profit was $1.66 billion, up 40% from the previous year....
Block Inc’s Cash App Records Bitcoin Impairment in Q4 2022
Like many other companies, Block invested in Bitcoin when the digital asset price was skyrocketing. Multinational technology conglomerate Block (NYSE: SQ) said the Bitcoin gross profit from its Cash A...
Crypto firm tied to UK politics disappeared with investor cash
A UK crypto firm that disappeared, leaving 8,000 investors, including a Premier League footballer, locked out of their investments, has ignited fierce debate around the issue of corporate lobbying in ...
Investors Are Dumping Equities and Cash Amid Fears of Hawkish Fed, BofA Says
(Bloomberg) — Investors are dumping equities and cash alike in favor of bonds as they position for the risk that the Federal Reserve persists with hawkish policy moves, Bank of America Corp. str...
Bitcoin Cash Analysis: Bulls Struggle Below $140
Bitcoin cash price started a fresh decline from the $155 zone against the US Dollar. The price is now trading near the $135 zone and the 55 simple moving average (4-hours). There is a key bearish tren...
Block’s Q4 Cash App bitcoin profit drops 25%
Block reported its fourth-quarter bitcoin gross profit from its Cash App dropped by one-quarter to $35 million. The total sale amount of bitcoin sold to customers, recognized as bitcoin revenue, was $...
The Growing Cash Pile in Moscow That Investors Can’t Touch
(Bloomberg) — Billions of dollars are accumulating in Moscow beyond the reach of its foreign owners. Most Read from Bloomberg Stock dividends, interest payments on bonds and anything else that W...
Tempted to chase fat yields in money market accounts? Why it might not pay to switch.
The yield chase is on. After more than two years of historically low interest rates, savers are rediscovering that they can earn money on their money by letting it sit. During the pandemic, many saver...
Bored Ape whales cash out $10 million using Blur liquidity
Bored Ape Yacht Club NFT holders who run research and trading firm Degenz Finance cashed out to the tune of more than 6,000 ETH, or $10 million, on Wednesday, capitalizing on the increased liquidity a...
Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO – Fintech Bitcoin News
The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of ax...
Immutable Reduces Staff by 11% to Prolong its Cash Reserves (Report)
Major Australian gaming firm Immutable slashed 11% of the company’s headcount, stating that the job cut happened in order to ensure cash reserves last for a long time. This is the second time Immutabl...
You Can Now Get an Easy 5% Return on Your Cash With No Risk
Finally, Some CD Rates Are Topping 5% As inflation and interest rates have increased, the rates paid on cash deposits have barely budged – until now. With inflation averaging more than 8% for 2022, th...
Flush With Cash, Photronics (PLAB) Continues To Invest For Future Growth
Photronics provides cautious Q2 outlook, but long-term secular tailwinds remain. getty PhotronicsPLAB reported a solid start to fiscal 2023. Indeed, despite macroeconomic challenges and uncertain indu...
Bitcoin Cash [BCH] crosses 6-month high; why then, should investors be wary?
Bitcoin Cash’s price hit its highest since August 2022. Volume surged as BCH could reach overvalued levels soon. Bitcoin Cash [BCH] surged to its highest value since August 2022, after it broke the $1...
BCH Price Prediction: Bitcoin Cash prepares to reach $165?
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Self-Storage Investment Is Now A Cash Business And Fund Activity Is Soaring
Location and market conditions continue to drive the self-storage investment sector. Locations where housing sales have stalled have been the first to struggle with self-storage occupancy. Rising inte...
World’s Largest Hedge Fund Founder Ray Dalio Says Cash Is ‘In Jeopardy’ but Sees an Unexpected Solution
Inflation has been a massive issue for nearly every major country for the past year or so. Consumers and corporations alike have felt the pain, with the previous four quarters of earnings proving to b...
FTX Japan Announces Plan to Reopen Bitcoin, Crypto and Cash Withdrawals for Customers
The Japan-based division of the defunct global crypto exchange FTX is preparing to reopen withdrawals for its customers. In a new press release, FTX Japan says it will use its Liquid Global platform t...
Autodesk stock is biggest loser on S&P 500, Nasdaq-100 as Wall Street focuses on cash flow
Autodesk Inc. shares suffered their worst drop in more than a year after Wall Street focused on how the computer-assisted design software company’s shift in billing customers became a major drag on it...