The launch of Decentralized Finance (DeFi) protocols in 2020 marked a significant phase in the growth of the crypto industry. As of writing, the total value locked (TVL) in this market stands at $...
Tag: Financial
Michael Moro leaves Genesis Trading amid growing financial struggles
One week after reporting a 9% decline in loan agreements through its lending desk, Genesis has reportedly laid off 20% of its workforce, and CEO Michael Moro is stepping down. Genesis Trading announce...
Tencent Q2 2022 Financial Report Falls Short of Revenue Forecasts for First Time Due to Covid Resurgence, Gaming Regulation
Tencent ascribed its disappointing Q2 2022 report due to a number of macroeconomic factors. These include Covid resurgence-induced lockdowns and tighter gaming laws for minors Tencent recently posted ...
The Financial Company Transcending The Norm With NIL Deals For Top Collegiate And Amateur Golfers
Caleb Surratt is one of two highly-ranked amateur golfers who have signed NIL (name, image, … [+] likeness) deals with Transcend Capitol Advisors. Charles Cherney Photography In the college athl...
Coinbase Says This Crypto Asset Will Be the Foundation of New Era of Financial Services
The leading US-based cryptocurrency exchange says that one dollar-pegged stablecoin will play an important role within the transforming financial landscape. In a new blog post, Coinbase says US Dollar...
Apple, Activision Blizzard, Ally Financial and more
Stocks held on to gains Monday, reversing earlier declines, with the Nasdaq leading the way, closing up 0.62% to 13,128.05. Here are the top trending after-hours tickers on Yahoo Finance: Apple (AAPL)...
Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’ – Economics Bitcoin News
The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a financial crisis worse than 2008’s ‘Grea...
Crypto Daily – Crypto And Financial News 15/08/2022, Monero Forks…
In Todays Headline TV CryptoDaily News: One of the several lawsuits against Robinhood. A U.S. judge permitted meme stock investors to file a lawsuit against Robinhood, a stock trading firm that recent...
So, Just How Bad Is China Right Now, Really?
Since Covid struck in 2020, it seems China has been on a different cycle compared to the rest of the world. It experienced the slowdown before the rest of the world and then started growing out of it ...
Kazakhstan Financial Regulator Just Granted Approval To This Exchange
The Astana Financial Services Authority (AFSA) has given Binance, the world’s largest cryptocurrency exchange its In-principle approval to operate a digital asset trading facility and to provide custo...
JCPenney Appoints New Chief Financial Officer
Stephanie Plaines JCPenney JCPenney appointed Stephanie Plaines as the Chief Financial Officer (CFO) of the company. She comes with experience in both real estate and retail and will be responsible fo...
Do I Need A Financial Advisor Or Should I Go It Alone?
Do you need a financial advisor? The answer depends on different factors — the complexity of your finances, how comfortable you are managing investments, where you are in your wealth journey, and wher...
Over 75% of Financial Institutions Intend to Use Crypto in the Next Three Years (Study)
Ripple’s latest Value Report estimated that 76% of financial institutions plan to use cryptocurrencies in their operations in the next 36 months. The majority of those entities, though, said they will...
Royal Investing: 3 High Yield Dividend Aristocrats
Where can you find extremely high-quality dividend stocks with high yields? We like to start hunting the Dividend Aristocrats. This is a group of just 66 stocks in the S&P 500 that have dividend i...
South Korea’s Top Financial Regulator to Expedite Crypto Legislation – crypto.news
South Korea’s Financial Service Commissioner (FSC) chairman, Kim Joo-Hyun, has announced plans to accelerate the formation of cryptocurrency regulations. Kim declared at the National Assembly that a t...
Dutch Police Arrest Alleged Tornado Cash Dev, More Arrests ‘Not Ruled Out’: Financial Crimes Unit
The Netherlands Crime Agency (FIOD) today announced it had arrested a “suspected developer” of Tornado Cash, the Ethereum-centric mixing service sanctioned by the U.S. Treasury earlier this week. “On ...
3 International Energy Stocks for Dividends And Growth
International stocks provide terrific companies for U.S.-based investors — including those seeking dividends. A number of international companies are listed on U.S. exchanges making access to th...
Crypto Community Responds to Tornado Cash Sanctions, Privacy Advocates Say ‘There Are Many Legitimate Reasons to Seek Financial Anonymity’ – Privacy Bitcoin News
The U.S. government banning the ethereum mixing service Tornado Cash and the enforcement that has followed has the crypto community in an uproar about the event. A large number of crypto and privacy a...
Delisting of Chinese ADRs Is Part of the New Cold War
There’s battle lines being drawn…Nobody’s right if everybody’s wrong. It’s time for a little Buffalo Springfield, as the tensions between the U.S and China heat up. Accor...
California Financial Regulator Slaps Crypto Lender Celsius With ‘Desist and Refrain’ Order Amid Bankruptcy
California’s financial services regulator is issuing a desist and refrain order to embattled crypto lender Celsius Network for violating state laws. The Department of Financial Protection and Innovati...
Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failure
Alex Mashinsky, founder and chief executive officer of Celsius Network Ltd., during a panel session at the Blockchain Week Summit in Paris, France, on April 13. (Benjamin Girette/Getty Images) In Sept...
Crypto Daily – Crypto And Financial News 12/0…
In Todays Headline TV CryptoDaily News: Bitcoin miner Genesis Digital secures 708 MW capacity. According to a press release, Genesis Digital Assets, one of the leading industrial bitcoin miners in the...
South Korea’s financial watchdog wants to ‘quickly’ review crypto legislation: Report
The chair of South Korea’s Financial Services Commission said the regulator plans to expedite its review of 13 bills pending in the country’s National Assembly related to digital assets. According to ...
Trade Desk stock surges after announcing strong financial results
Trade Desk (NASDAQ: TTD) stock shot up 15% after the ad tech corporation’s sales top forecast expectations. The company recorded stronger-than-expected sales amid doubts about the digital advertising ...
New Ripple report reveals 76% of financial institutions expect to use crypto by 2025
A new report by Ripple looking at what percentage of financial institutions are interested in using blockchain for payments has discovered that more than three-quarters of them plan to use crypto by 2...
How Mindset Determines Your Financial Future
It’s likely you heard something like, “you can do whatever you put your mind to,” at some point in your formative years—either directly or indirectly. Turns out there is truth to this when it comes to...