Coinbase Global Inc. Chief Executive Brian Armstrong said Sam Bankman-Fried’s explanation of sloppy accounting as the reason US$8 billion moved from his crypto exchange FTX to brokerage arm Alameda Re...
Tag: doesnt
Stocks Rise on Cooling Inflation and Fed Moderation. That Doesn’t Mean the Bear Market Is Over.
Christmas came early this year for the stock market. Is there a Grinch waiting to ruin it? It was a week of surprises both good—Federal Reserve Chairman Jerome Powell essentially confirming a smaller ...
AMC Networks Takes Massive Programming Write-Down As Streaming Doesn’t Grow Fast Enough
TPhotographer: Andrew Harrer/Bloomberg © 2018 Bloomberg Finance LP Following the news on September 29 that the CEO & COO of AMC Networks Christina Spade would step down after just three months on ...
“Why Doesn’t Tether Publish USDT Reserves” : Founder Responds
According to a recent report, Tether, the issuer of the USDT stablecoin, has been increasingly lending its own coins to customers rather than selling them for cash. Further, it also states that, the ...
Morgan Stanley CEO Doesn’t Think Crypto Is a Fad
Alex Dovbnya Morgan Stanley CEO James Gorman sees no intrinsic value in cryptocurrencies During his Thursday appearance at a Reuters conference in New York, Morgan Stanley CEO James Gorman said that h...
Washington regulator DFI doesn’t need ‘new laws’ to ‘stop bad guys’ in crypto
As more and more of the tentacles from Alameda, FTX, and Sam Bankman-Fried are exposed within the financial system, regulators continue to be asked difficult questions in the wake of the devastation. ...
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within cr...
Gene Munster doesn’t see China shutdowns as a threat for Apple Inc
Apple Inc (NASDAQ: AAPL) is trading down on Monday as investors scramble to evaluate the impact of recent protests at its key iPhone production plant in China. Gene Munster doesn’t see it as a threat ...
Ripple CTO Says Bitcoin Doesn’t Deliver on Its Main Pitch
Alex Dovbnya Be your own bank? David Schwartz says that Bitcoin has failed to remove intermediaries David Schwartz, chief technology officer at blockchain company Ripple, has opined that Bitcoin has f...
A Crypto Wallet For JPMorgan? Yes, America’s Biggest Bank Doesn’t Really Hate Crypto
A crypto wallet for JPMorgan can be a little surprising, considering the banking giant has never really been very affectionate about crypto. Topping the list of the largest banks and bank holding comp...
The Gaming Industry Doesn’t Need Web3, but Gamers Might
Acknowledging the remarkable pace of innovation in Web3, today’s infrastructure cannot scale to the computing power needed to enable today’s AAA games. This shouldn’t surprise anyone, nor does it mean...
Ripple General Counsel Says SEC Doesn’t Have Power to Label XRP Security
– Advertisement – Stuart Alderoty said the SEC hasn’t labeled XRP security and does not have the power to do so. Stuart Alderoty, Ripple’s General Counsel, has reacted to a New York Times ...
Kevin McCarthy Fends Off Challenge For House Speaker Nomination—But Still Doesn’t Have The Votes To Win
Topline House Minority Leader Kevin McCarthy (R-Calif.) was nominated to be the next speaker of the House on Tuesday, fending off a challenge from Freedom Caucus-backed Rep. Andy Biggs (R-Ariz.), but ...
FDIC doesn’t back any crypto firms or cryptocurrency, says acting head
The backstop of the U.S. banking system reiterated in a line of questioning before the Senate that its safeguards don’t extend to crypto. Sen. Bob Menendez, D-N.J., a senior member of the Senate...
Singapore regulator says FTX doesn’t operate in the city-state
The Monetary Authority of Singapore, the city-state’s central bank and financial regulator, clarified that FTX — which filed for Chapter 11 bankruptcy protection — does not operate in the countr...
Warren Buffett says he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 productive assets instead
Warren Buffett says he doesn’t own bitcoin because ‘it isn’t going to do anything’ — he’d rather own these 2 productive assets instead Despite its recent pullback, bitcoin has soared by more than 120%...
Crypto gaming needs to be fun to be successful — money doesn’t matter
When I worked for Riot Games as its head of player acquisition in the European Union, I learned about player onboarding and long-term retention. Both are crucial to the success of gamer acquisition. I...
Bonds Look Attractive Now. Why Warren Buffett Doesn’t Like Them.
Text size Berkshire Hathaway CEO Warren Buffett. Alex Wong/Getty Images Bonds don’t excite Warren Buffett even after the sharp rise in yields this year. The Berkshire Hathaway (ticker: BRK/A, BRK/B) C...
Don’t be fooled—Thursday’s rally doesn’t mean we are out of a bear market, billionaire investor Carl Icahn warns
Even after the best day the stock market has seen in two years, famed investor Carl Icahn still isn’t changing his pessimistic outlook on the economy. Icahn reiterated warnings that the U.S. is in a r...
‘Thank God’ El Salvador doesn’t have any Bitcoin on FTX, CZ clarifies
False information spreading online suggested that the president of El Salvador, Nayib Bukele, was seeking the immediate extradition of FTX CEO Sam Bankman-Fried along with Alameda Research co-CEO Sam ...
Musk Warns Twitter Bankruptcy Possible If Cash Burn Doesn’t Stop
(Bloomberg) — Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it doesn’t start generating more c...
Binance CEO says El Salvador told him it doesn’t have funds stuck on FTX
Binance CEO Changpeng Zhao said he spoke with El Salvador’s president Nayib Bukele, who denied that the Central American country had any funds on FTX’s exchange. “Man, the amo...
Fashion’s Leather Misinformation Problem And Why ‘Vegan’ Doesn’t Mean ‘Sustainable’
Bella Hadid, wearing black vegan leather jacket and pants, Paris Fashion Week. GC Images While ‘alternative leathers’ continue to attract huge investments, some designers are speaking out ...
FTX Disaster Doesn’t Scare Cathie Wood’s ARK As They Double Down On Coinbase COIN
FTX, with all the bad publicity attached to the beleaguered crypto exchange, is sending shivers down the spines of investors and traders. Many people in the crypto space are now bracing for more bad n...
Sit Down for This: The Trade Desk Doesn’t Look Like a Good Trade
The Trade Desk Inc. (TTD) is trading lower Wednesday after reporting earnings Wednesday morning. Despite beating expectations on earnings per share and revenue, the stock is less than one dollar away...
a gridlock rally doesn’t mean an end to the bear market
A “gridlock rally” and “seasonality” has been the name of the game these past few days, but none of it is enough to make equities an attractive investment at this point in time, says Tracie McMillion ...
Ethereum (ETH) Creator Vitalik Buterin Says Crypto Industry Doesn’t Need Institutional Adoption Yet – Here’s Why
Contrary to popular belief, Ethereum (ETH) inventor Vitalik Buterin says that crypto doesn’t necessarily need institutional adoption just yet. With many in the space hoping for institutional adoption,...
Top U.S. Attorney Says Doesn’t SEC Have One Friend To Support It Against Ripple
– Advertisement – Ripple vs. SEC: Top U.S. Attorney Raises a Vital Question For SEC. Hogan indirectly shades the SEC for not getting support from “any friend” in its lawsuit against Ripple...
Musk Tells Twitter Employees He Doesn’t Plan to Cut 75% Of Jobs
(Bloomberg) — Elon Musk told Twitter Inc. employees on Wednesday that he doesn’t plan to cut 75% of the staff when he takes over the company, according to people familiar with the matter. Most R...
Lululemon Doesn’t Need A Teen Strategy, Says Lululemon
Lululemon continues to gain popularity with teens, although the retail brand is not directly targeting the demographic. According to Piper Sandler’s “Fall 2022 Generation Z Survey,” the yoga-themed ch...