FalconX, the crypto prime broker, resumed use of Silvergate’s payment network after pressing pause on the partnership last week. “Due to the heightened risk environment and Silvergate’s wire pay...
Tag: Companies
Binance will not invest in crypto lender Genesis: WSJ
After crypto lending firm Genesis suspended client redemptions and indicated it would seek a $1 billion emergency cash loan, major potential backer Binance said no to the investment, the Wall Street J...
Prosecutors investigated FTX for months before collapse: Bloomberg
The U.S. Attorney’s Office for the Southern District of New York was investigating FTX months before the crypto exchange filed for bankruptcy protection, Bloomberg reported. Prosecutors were spe...
Three U.S. senators ask Fidelity to reconsider bitcoin exposure in retirement plans
Three U.S. senators have again asked Fidelity Investments to reconsider a decision to allow retirement plan participants to invest in bitcoin, saying the industry has become increasingly “volati...
Genesis warns of possible bankruptcy without funding: Bloomberg
Genesis is having a hard time raising cash for its lending unit, and it is warning potential investors it could possibly file for bankruptcy if it is unable to do so, Bloomberg reported, citing people...
The Block: Bitcoin mining stock report: Monday, November 21
Most bitcoin mining stocks tracked by The Block traded lower on Monday, some by double digits. Bitcoin was trading at around $15,800 by market close, according to data from TradingView. &#...
Bitcoin mining difficulty rises slightly after latest adjustment
Bitcoin mining difficulty has increased by 0.51% after the latest adjustment, according to an update posted Sunday evening on BTC.com. The network’s hash rate has fallen 3.8% since Nov. 6,...
Coinbase shares hit all-time low Monday as centralized exchanges deal with FTX fallout
Shares of crypto exchange Coinbase hit an all-time low Monday, as fallout from FTX’s demise has continued to rattle the industry. The exchange was down roughly 8% at the time of publicatio...
Grayscale’s GBTC discount to NAV hits record low
In the wake of FTX’s meltdown, one of the crypto market’s most popular financial products continues to feel the pressure. Grayscale’s Bitcoin Trust — a product that offers bitc...
Bitcoin miner Iris Energy unplugs hardware collateralizing over $100 million in loans
Bitcoin miner Iris Energy has unplugged a large majority of its miners in response to a default notice on about $107.8 million in loans they were securing. However, the company said that its dat...
Mark Cuban Distancing Himself From Crypto Firms and Companies
Billionaire investor Mark Cuban appears to be making moves to distance himself from crypto companies. Meanwhile, a tweetstorm is brewing elsewhere in the crypto community. On Nov. 21, it was observed ...
Bill Ackman says crypto is ‘here to say,’ but highlights a curious use case
Billionaire investor and hedge fund manager Bill Ackman is bullish on cryptocurrency, even after the collapse of one of the world’s largest crypto exchanges. “I was initially a crypto skeptic, b...
Investing In Renewables Sector — A Look At The Largest Renewable Energy Companies
| Getty Images Key Takeaways Renewable energy is more friendly to the environment compared to fossil fuels. Most green energy today is focused on wind and solar, however some companies are exploring h...
Retail Discounter TJX Is Thriving as Inflation Pressures Consumers
Text size These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the vi...
This British Clean-Energy Developer Is Making Big Bets
Europe’s urgent rush for new energy sources since Russia invaded Ukraine is creating a wide range of investment opportunities, including some intriguing speculative plays. Clean-energy developer Ceres...
FTX Sends Crypto Reeling. The Whales Move in to Profit.
Cryptocurrency markets have been slammed by the sudden bankruptcy of FTX. But amid the carnage, some big traders—whales—were buying. Bitcoin the largest crypto, was plumbing two-year lows at $16,600 o...
13 Ways to Invest in India, the World’s Fastest-Growing Major Economy
India, home to more than 1.4 billion people, has long been a country with great promise and owner-led businesses accustomed to generating large amounts of cash. But India’s rise has been fitful, and o...
Which Companies Are Going Deep In Clean Tech?
| Getty Images Key Takeaways As wind farm technology improves, offshore wind farming is becoming a more viable option for power production. More companies are starting to make a splash in this futuris...
Grayscale won’t share proof of reserves, citing ‘security concerns’
Crypto investment firm Grayscale won’t show proof of reserves after bitcoin and ether products fall to new all-time lows. “Due to security concerns, we do not make such on-chain wallet inf...
‘Nerdy’ and ‘highly intelligent,’ Alameda’s Caroline Ellison casts complex shadow
From precocious bookworm and mathlete to moving billions of dollars of customer money to allegedly cover her firm’s liabilities, the rise of Alameda Research CEO Caroline Ellison was almost as spectac...
The Block: Bitcoin mining stock report: Friday, November 18
Bitcoin mining stocks tracked by The Block were mostly down on Friday, November 18. The price of Bitcoin was about $16,612 at the time of market close. (BTCUSD chart by TradingView) ...
FCA Urges To Have More Support For Banning Crypto Companies In UK
The crypto exchange FTX collapse that occurred last week not only shattered the investors’ sentiment on cryptocurrencies but also alerted legal actors such as FCA (Financial Conduct Authority) against...
The Block: Binance had ‘at minimum ill-intent’ in revoked FTX proposal: Sen. Ted Cruz
Sen. Ted Cruz said that Binance showed “at minimum ill intent” regarding the offer it made and quickly took back to buy FTX last week. Noting the speed of Binance’s public offe...
Miami’s crypto crowd sees silver lining around dark FTX clouds
Armies of developers, VC funders and CEOs descended upon Miami for two separate crypto conferences on Thursday as the shockwaves from FTX’s spectacular collapse continued to reverberate across the ind...
Crypto prime broker FalconX will no longer use Silvergate’s SEN network
Crypto prime broker FalconX will no longer use the Silvergate Exchange Network (SEN), according to an email sent by FalconX to clients and obtained by The Block. “Out of an abundance of caution ...
Companies Fret About Time Theft – But Who’s Taking From Whom?
getty Ever run a personal errand when you were on the clock at work? Or perhaps you spent too many on-the-job hours shopping on Amazon, checking the latest posts on Facebook, or working a side gig tha...
What’s Stopping Companies from Pulling Supply Chains Out of China
Text size Despite the trade war and Covid-19 lockdowns, China accounts for 35% of total U.S. containerized imports. Mario Tama/Getty Images About the authors: Christopher S. Tang is a University Disti...