Binance.US can buy failed crypto lender Voyager Digital’s assets, a federal judge confirmed after a four-day marathon hearing that stretched from last week to this one. Judge Michael Wiles conf...
Tag: Companies
This ‘Mini-Berkshire Hathaway’ Style Company’s Strategy Of Building And Spinning Off Companies Is Giving Retail Investors Pure-Play Opportunities For Additional Stock
West Henrietta, NY –News Direct– DSS, Inc. By Ernest Dela Aglanu, Benzinga A company with an investment style seemingly similar to the legendary Berkshire Hathaway Inc. (NYSE: BRK.A) is re...
Thailand Implements Tax Relaxation on Digital Token Companies
The Thai government announced that the crypto companies issuing digital tokens would be excluded from crypto tax. Rachada Dhnadirek pointed out that the companies could use alternate ways to raise cap...
Grayscale products buoyed following oral arguments in case against the SEC
Grayscale had its day in court, and now the asset manager — and investors in its Grayscale Bitcoin Trust — must await the ruling, which could take three to six months. The asset manager brought...
Crypto derivatives on the CME reach new milestones amid regulatory uncertainty
Bitcoin and ether derivatives trading volumes in dollar terms continued to climb higher in February. Futures and options trading volume for bitcoin rose by about 13%, and ether’s volumes ...
Biden Leaves Oil And Gas Companies In The Lurch With Expiration Of 5-Year Lease Program
An offshore oil rig in twilight. getty A program intended to enable oil and gas development on the U.S. outer continental shelf (OCS) has expired, leaving domestic energy producers at a loss as to whe...
Coinflex says restructuring plan is approved by Seychelles court
Courts in the Seychelles, where crypto exchange Coinflex is based, approved its restructuring plans on Monday, according to a statement from the company. The court may publish the written order ...
Paxos survey shows 75% of respondents ‘confident’ in the future of crypto
A recent Paxos survey shows enthusiasm for cryptocurrency in the U.S. despite a volatile year for the burgeoning asset class. Of 5,000 U.S.-based working-age adults surveyed, 75% remain “...
Just-In: Thailand Waives Tax For Companies Issuing Digital Tokens
Thailand’s government on Tuesday said it will waive corporate income tax and value-added tax for companies issuing digital tokens for investment. This marks another pro-crypto move by Thailand a...
European companies showing ‘surprise resilience’ — and better value than the U.S.
A trader works as a screen displays the trading information for BlackRock on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters LONDON — Eur...
How Top 12 Companies Use Blockchain to Sell Them – Cryptopolitan
Tokenized real estate has been gaining traction in the US market over the last few years as the surge in tokenization and blockchain technology has revolutionized the way businesses operate. Tokenized...
As chip sales dry up, Nvidia CFO says spending on AI will save companies money
Nvidia Corp.’s financial chief reasons that the efficiencies businesses need are not from spending less money, but from spending more on technologies like artificial intelligence, even as chip sales d...
Grayscale’s day in court is nearly here, but a major decision could take time
Grayscale is set to present oral arguments in its case against the U.S. Securities and Exchange Commission on Tuesday. The asset manager brought the case against the regulator for rejecting its ...
FTX sues Grayscale and DCG, citing ‘exorbitant’ fees
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
Galaxy Digital has excess capital after acquisitions, needs to get them right before spending again
Galaxy Digital has leftover capital after its two infrastructure acquisitions late last year, but plans on getting it right with those first investments, co-president Chris Ferraro said. In Dece...
Ethereum L2 Scroll reaches $1.8 billion valuation in new funding round: Source
Published 30 minutes earlier on Scroll, an Ethereum Layer 2 network that uses zk-rollups technology, raised $50 million in a new funding round. Investors in the round included Polychain Capital,...
Coinshares reports fourth consecutive week of digital asset investment product outflows
Coinshares reported a fourth consecutive week of digital asset investment product outflows. Outflows totaled $17 million last week ,with bitcoin leading the way. Short-bitcoin saw inflows for a...
Kraken is on track to launch bank ‘very soon’ despite regulatory ‘weird place’
Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment and the recent shuttering of its on-chain staking services for U.S. clients to settle U.S. Securit...
Bear Market Doesn’t Deter Giant Companies From Venturing in Crypto
There has been little movement in crypto over the weekend following the selloff last week. The broader market remains 65% down from its peak level in November 2021 as the bears remain in control. Howe...
10 Biggest Chinese Companies
China, the world’s second most populous nation (recently surpassed by India), is regarded as a global manufacturing and exporting powerhouse. We look below at the 10 biggest Chinese companies by...
Tether companies allegedly used fake documents to access banking services
Some companies behind Tether (USDT) reportedly used fake paperwork and shell companies to get bank accounts after the stablecoin’s then-banking partner, Wells Fargo, halted services for several of Tet...
10 Biggest Trucking Companies
Trucking companies are part of the global transportation sector, specializing in the movement of goods along roads and highways and key players in the supply chain. Many of the biggest trucking compan...
The Government Believes It Can Force Crypto Mining Companies to Reveal Information
Through a series of letters to federal agencies, those in charge in the United States have stated that they believe they have the authority to force crypto mining firms to produce information about ho...
Binance once sought to hire Gensler as an adviser: WSJ
Crypto exchange giant Binance wanted to hire Gary Gensler as an adviser years before he became head of the Securities and Exchange Commission, according to the Wall Street Journal. Gensler decli...
Silvergate short seller predicts crypto bank’s demise within a week
Marc Cohodes spent part of his Friday afternoon playing the conquering victor. The veteran short seller posted pictures of a seemingly deserted Silvergate office on Twitter, while telling The Bl...
Prosecutors say SBF should only access approved websites. He wants Door Dash and the New York Post
Policy • March 4, 2023, 2:23PM EST Federal prosecutors are seeking to severely limit former FTX CEO Sam Bankman-Fried’s connection to the internet and technological access to a “flip phone...
Markets trade down after Fed chair’s comments, Grayscale recovers amid hearing
Crypto markets whipsawed throughout the day after U.S. Federal Reserve Chair Jerome Powell’s delivered testimony to Congress. Bitcoin was trading around $22,070 by 4:55 p.m. EST, down abou...