Ignite CEO Peng Zhong has left the company, following Jae Kwon’s return to the fray. “Today is my last day at Ignite. Thank you for the camaraderie we shared as we built out this ecosystem...
Tag: Exits
Almost $100M exits US crypto funds in anticipation of hawkish monetary policy
Institutional investors offloaded $101.5 million worth of digital asset products last week in “anticipation of hawkish monetary policy” from the United States Federal Reserve, according to CoinShares....
As McDonald’s Exits Russia, China, Turkey, Brazil And India Step-In
McDonald’s opened in Moscow in 1990 but now it is one of the first Western brands to confirm that … [+] its exit is permanent. (Photo by Peter Turnley/Corbis/VCG via Getty Images) Corbis/V...
Druckenmiller Exits Google, Carvana as Family Offices Place Bets
(Bloomberg) — The investment firms of some of the world’s wealthiest investors made some large shifts in their assets last quarter as US stocks slumped by the most since the onset of the Covid-1...
Buffett Exits Wells Fargo Stake, Ending Decades-Long Bet on Bank
(Bloomberg) — Warren Buffett demonstrated he’s still bullish on U.S. retail banking — but not on Wells Fargo & Co. Most Read from Bloomberg The billionaire investor ended his long-runn...
Ethereum Gas Prices Soar as Traders Head for the Stablecoin Exits
Ethereum gas prices more than doubled from Tuesday to Wednesday and are on track to double again today, per data from blockchain explorer Etherscan. Much of the cause for the increase are transfers i...
Boeing Exits Chicago as City Wrestles With Crime, Exodus
(Bloomberg) — Boeing Co.’s decision to leave Chicago is the latest blow to a U.S. city that already has seen its once-mighty economy battered by Covid-19 and crime. Most Read from Bloomberg The ...
Fidelity’s digital assets executive Christine Sandler exits firm to join a crypto investment firm
Christine Sandler, former executive at the crypto division of asset manager Fidelity, has left the firm for a new position as general partner at crypto asset investment firm Walden Bridge Capital. San...
EXMO Exits Russia, Sells User Base There to Unnamed Buyer
EXMO is also giving up its users in Kazakhstan since the new owner is based there. The structure of the deal is unclear, as EXMO hadn’t been operating as a separate legal entity in Russia. Maria...
Crypto firm Exmo exits Russia and Belarus by selling part of its business
London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital ...
$1.2 Billion Worth Bitcoin (BTC) Exits Coinbase to Cold Wallets This Weekend
11 mins ago | 2 mins read Bitcoin News BTC looks to be undergoing an impulsive five-wave collapse. The outflow might imply a big rise in institutional investment and acceptance. There has been an outf...
Key crypto hires, exits and moves: March 2022
Poly Network Is Building Cross-Chain NFT Adoption and Circulation The world of NFTs has seen a huge leap over the past few years, and this trend has continued into 2022. Major NFT ecosystems have been...
Cardano-Based Minswap DEX Exits Maintenance Mode After Patching Critical Vulnerability
Cardano DEX Minswap has come out of maintenance mode after the team fixed a critical vulnerability. The exploit could have resulted in a large amount of liquidity being drained. Minswap, a multi-pool ...
Wall Street Is Scrambling For the Exits in Moscow — and Billions Are at Stake
(Bloomberg) — For decades, global finance firms eagerly catered to Russian firms, billionaires and the government. Then tanks started rolling into Ukraine. Most Read from Bloomberg Citigroup Inc...
Bitcoin Outflows Spike As 30k BTC Exits Exchanges, Reserve Plunges Down
Bitcoin outflows have shown a spike amounting to 30k BTC today, leading to a plunge in the all exchanges reserve. Bitcoin Netflow Shows Deep Negative Spike As 30k BTC Exits Exchanges As pointed out by...
Morgan Stanley Trader Exits After Racking Up Millions in Losses
(Bloomberg) — A Morgan Stanley trader is leaving the firm after racking up tens of millions of dollars in losses as a bout of market turmoil makes and breaks trading books across Wall Street. Mo...
Key crypto hires, exits and moves: February 2022
Three people associated with a now-closed company called The Geek Group were sentenced to prison after authorities discovered they traded bitcoins and laundered money via an unlicensed money transmitt...
Samson Mow Exits Blockstream to Focus on Nation-State Bitcoin Adoption
Mow and Blockstream have been key figures in designing El Salvador’s bitcoin-backed bonds (so-called Volcano Bonds), which are set to be issued this month on Blocksteam’s Liquid platform. “With everyt...
Porn Star Exits NFT Project With $1.5 Million Of Investor Funds
Buying an NFT is now one of the most popular ways to invest in the crypto market. Indeed, these NFTs have proven to be a good investment option given the number of returns that they have brought for t...
David Rolfe Stakes A Claim On Texas Pacific Land, Exits Electronic Arts
Summary Guru entered position in Texas Pacific Land and sold out of Electronic Arts. He added to his Visa holding. Rolfe whittled down Edwards Lifesciences and Motorola Solutions. David Rolfe (Trades,...
Buffett’s Berkshire Takes Activision Blizzard Stake, Exits Teva
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. took a stake in Activision Blizzard Inc., the game giant that has agreed to be acquired by Microsoft Corp., in an investment that would hav...
Cathie Wood Targets Illiquid Assets and Limits Exits in New Fund
(Bloomberg) — Cathie Wood is upping her big bet on disruptive tech companies via a new fund targeting less-liquid markets with limits on how quickly investors can exit. Most Read from Bloomberg ...
Softbank COO Exits After Reported Fallout With Founder Masayoshi Son Over Pay
Topline Japan’s SoftBank Group on Friday announced the departure of its chief operating officer, Marcelo Claure, an exit that comes after reports of a clash over pay between Claure and the company’s f...
$200 Billion exits the market as Bitcoin plummets to a multi-month low
Bitcoin, the top asset in the industry has noted a sharp fall in prices over the last 24 hours. At press time, the king-coin depreciated by almost over 9.7%. Bitcoin dropped its value by almost $7,000...
Kevin Durant Exits Nets Game With Knee Sprain, Will Get MRI Sunday
Brooklyn Nets forward Kevin Durant (7) leaves the game after injuring his knee during the first half … [+] of an NBA basketball game against the New Orleans Pelicans, Saturday, Jan. 15, 2022 in ...
Alibaba Chairman Daniel Zhang Exits Second Board In Two Weeks
Alibaba Group Chairman Daniel Zhang. Photographer: Jason Alden/Bloomberg © 2020 Bloomberg Finance LP Less than two weeks after leaving the board of directors at troubled Beijing ride-sharing app Didi ...
Key crypto hires, exits and moves: December 2021
The Block The Block Research’s Analysts: 2022 Predictions Larry Cermak, VP of Research Arbitrum, Optimism, Starknet, and zkSync all release their tokens in H1 2022, and they will outperform similarly ...
As BP Exits Russia, Other Oil Companies Face Risks Too
Text size Shell has a big stake in a Russian liquefied natural gas project. Jeff J Mitchell/Getty Images Oil companies haven’t been this financially strong in decades. They also haven’t been as politi...