DocuSign Inc. DOCU, -1.90% shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street estimates for its results and...
Tag: Exit
Crypto industry braces for impact with Silvergate exit
Silvergate is not a systematic risk for the United States banking system, but it could have a significant impact on the crypto markets, multiple sources told Cointelegraph. These may include increasin...
No exit ramp for Fed’s Powell until he creates a recession, economist says
Federal Reserve Chair Jerome H. Powell testifies before a U.S. Senate Banking, Housing, and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Ca...
BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations – Market Updates Bitcoin News
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a to...
Carlyle’s Pete Clare to Exit After Being Passed Over for CEO
(Bloomberg) — Pete Clare, a three-decade veteran of Carlyle Group Inc. who has become synonymous with its buyouts business, is leaving after being passed over for the top job at the private equi...
Apple Suppliers Are Racing to Exit China, AirPods Maker Says
(Bloomberg) — Apple Inc.’s Chinese suppliers are likely to move capacity out of the country far faster than many observers anticipate to pre-empt fallout from escalating Beijing-Washington tensi...
Warner Bros. Discovery Announce Plans To Exit RSNs; Added With Bally Sports Puts Two-Thirds Of MLB On Edge
On Friday, Warner Bros. Discovery, who owns the AT&T Sportsnet regional sports networks and is a … [+] minority partner in ROOT Sports NW said they are planning to exit the RSNs and that clu...
Ray Dalio—Worth $19 Billion—Will Get Billions More After ‘Frantic’ Exit Negotiations, Report Says
Topline Billionaire Ray Dalio, founder of the hedge fund Bridgewater Associates, will receive billions of dollars in exchange for his retirement from the firm after “more than six months of frantic be...
Breaking! Binance Is Planning To Exit The US Crypto Market As Regulatory Scrutiny Heats Up
The Securities and Exchange Commission (SEC) has been closely scrutinising Binance, one of the world’s largest cryptocurrency exchanges, over concerns related to potential securities violations. The S...
The Extraordinary Exit of the Women of Silicon Valley
(Bloomberg) — The resignation of YouTube chief Susan Wojcicki after 25 years at Google is another example of an unsettling trend in Silicon Valley: High profile women are heading for the exits. ...
PayPal CEO Dan Schulman plans his exit as earnings return to growth
Only one thing was missing from PayPal Holdings Inc.’s packed fourth-quarter earnings report, which brought upbeat profit performance, a new user metric and the announcement of Chief Executive Dan Sch...
Celsius faces backlash after unveiling dull recovery plan to exit bankruptcy
Amid the ongoing bankruptcy hearing, the now-collapsed crypto lender Celsius Network has unveiled a plan to exit the process by rebranding it into a publicly traded recovery corporation. Celsius lawye...
Nifty Gateway co-founders set to exit company amid Gemini crisis
Nifty Gateway co-founders are set to depart from their roles amid concerns of potential legal battles facing the platform’s parent company- Gemini. Nifty Gateway is an NFT marketplace that was founded...
Celsius Floats Plan to Exit Bankruptcy by Issuing New Token
A lot has happened during the Celsius bankruptcy case since the platform originally went under back in July. Between accusations of fraud, arguments that customers (or unsecured creditors, according t...
Genesis Bankruptcy Lawyers Expect Rapid Exit After First Hearing
Speaking at the company’s first bankruptcy hearing, Genesis Holdco LLC‘s lawyer Sean O’Neal said the crypto lender can exit bankruptcy by the second week of May 2023. On Jan. 24, 2023, O’Neal said he ...
Genesis eyes fast resolution to creditor disputes and bankruptcy exit in May
A lawyer for bankrupt crypto lending firm Genesis is optimistic the firm can resolve its creditor disputes as early as this week and the company could come out of Chapter 11 proceedings by late May. G...
Here’s Why I Won’t Exit Lockheed Martin or Defense Stocks
On Tuesday morning, defense and aerospace giant Lockheed Martin (LMT) , which is a long-time Sarge name though I had recently reduced exposure, released the firm’s fourth quarter financial resul...
BTC metrics exit capitulation — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of January in fine form after sealing its highest weekly close in five months. Despite opposition, the largest cryptocurrency is holding on to its newfound strength...
FTX-Associated Crypto Bank Moonstone Announces Exit from Crypto Space
Moonstone Bank said that after exiting from the crypto space, it will go back to its original format of being a community bank with major rebranding. The contagion of the collapse of the crypto exchan...
FTX-linked Moonstone bank to exit the crypto space
Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment from FTX’s sister company, Alameda Research, says that it will be exiting the crypto space and returni...
Moonstone Bank to Exit Crypto Space
Moonstone Bank, a rural bank in the state of Washington that was given an estimated $11.5 million investment by Alameda Research, the sister firm of FTX, has announced that it will withdraw from the c...
Moonstone Bank announces exit from crypto space
One of the financial institutions that did business with Sam Bankman-Fried’s empire, Moonstone Bank, is rebranding itself, getting out of crypto and refocusing on its original customer base. Moonstone...
Genesis aims to move ‘quickly and efficiently’ to exit bankruptcy, interim CEO says
Genesis has a roadmap to exit bankruptcy and hopes to do so as “quickly and efficiently as possible,” interim CEO Derar Islim told clients this morning in a letter obtained by The Block. ...
Moonstone Bank to Refocus on Community Bank Role, Exit Crypto Space
FARMINGTON, Wash.–(BUSINESS WIRE)–Farmington State Bank, d/b/a Moonstone Bank, announced today that the bank is returning to its original mission as a community bank and is discontinuing its pursuit o...
Coinbase to Exit Japanese Market After Kraken
Crypto exchange giant Coinbase becomes the latest firm to stop operations in Japan, citing unfavorable market conditions. The US-based company has conducted a series of job cuts in the last seven mon...