Special Purpose Acquisition Companies (SPACs) are on the ropes in 2022 as inflation and regulatory scrutiny is hitting these once market darlings from all sides. Notably, not a single SPAC was issued...
Tag: firms
Bankruptcy Claims Traders Have Begun Offering Creditors of Embattled Crypto Firms a Lifeline
Wall Street credit traders specializing in bankruptcy claims are offering customers of bankrupt crypto firms some of their money back. But there’s a catch: creditors must relinquish rights to their c...
Crypto Firms Raised Over $30,000,000,000 in First Six Months of 2022 Despite Bear Winter: Analytics Company
New data from crypto analytics firm Messari reveals that money is pouring into crypto projects in defiance of falling markets. According to a new report compiled with fundraising tracker Dove Metrics,...
PlayStation Survey Indicates Video Game Firms Interest in NFT
46 seconds ago | 2 mins read NFT News Playstation Conducted Survey about NFTs. The high-end jewelry company Tiffany & Co introduced a NFT. In a survey conducted at EVO 2022 by PlayStation, partic...
Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms – Featured Bitcoin News
Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion de...
US Lawmakers Request Crypto Firms To Provide Info On Diversity And Inclusion
There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies 20 Major firms requested data on the diversity These firms...
Lawmakers send letter to 20 crypto firms soliciting diversity data
A coalition of US Representatives led by House Financial Services Committee Chairwoman Maxine Waters, D-Calif., is asking the nation’s most prominent crypto firms to deliver data on their divers...
US lawmakers request crypto firms provide info on diversity and inclusion
A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3. In a Thu...
Thai SEC approves four crypto firms despite Zipmex woes
Thailand’s financial regulator, the Securities and Exchange Commission (SEC), has approved four more crypto companies in the Kingdom. On Thursday, it was reported in local media that the SEC had grant...
Four Crypto Firms Allowed to Operate by The Thai SEC
The Rain of Licenses Despite one of its major crypto businesses banning withdrawals, Thailand’s regulators continue to approve new companies. The Securities and Exchange Commission (SEC), Thaila...
Crypto firms failed to deliver ‘promised benefits’ from lawmaker-backed incentives, says nonprofit
The Tech Transparency Project, or TTP, a research initiative of the United States-based nonprofit watchdog group Campaign for Accountability, has released a report claiming crypto firms “provided litt...
US Lawmakers Encircles 20 Largest Crypto Firms Seeking Diversity Data
US Lawmakers sent letters to 20 crypto companies asking inclusion practices Maxime Waters leading the team for the process Crypto Firms Under Inclusion Surveillance Lawmakers in the US are...
Ontario regulator includes crypto firms in latest consumer protection alert
The Ontario Securities Commission (OSC) included a number of crypto firms in a consumer alert that called out companies not registered to deal in the Canadian province. The OSC’s investor warnin...
CEO of now-bankrupt Voyager made millions offloading firm’s stock months before insolvency
New details have emerged regarding insider trading activity at cryptocurrency lending platform Voyager Digital months before the recent bankruptcy filings that resulted in users losing their investmen...
NY Attorney General Urges New Yorkers ‘Deceived’ by Crypto Firms to Contact Office
New York Attorney General (NYAG) Letitia James has urged New Yorkers who’ve found themselves locked out of their accounts or who’ve been “deceived about their cryptocurrency investme...
MAS Chief Minister Asks Firms to Discourage Retail Crypto Trading
The Monetary Authority of Singapore has encouraged financial companies to discourage cryptocurrency trading. Responding to a question in parliament on Aug. 1, 2022, concerning licensing of digital pay...
Singapore’s watchdog urges financial firms to ‘discourage’ retail crypto trading
Despite the cryptocurrency sector growing exponentially, financial authorities and regulators in some countries remain skeptical of assets such as Bitcoin (BTC), including in Singapore, where the city...
Gatenox raises $2.5 million to assist firms with regulatory solutions
Gatenox has raised about $2.5 million from a funding round. Notable firms like C3 VC fund, A100x ventures, and investors like Matthew Niemerg and Antoni Zolciak participated in the round. The firm ho...
Tether says firms shorting USDT are misinformed and wrong
Tether is the issuer of the world’s largest stablecoin, USDT. The company has now said that the hedge funds that tried to short USDT following the Terra debacle in May were not only misinformed but al...
Deposits at non-bank entities, including crypto firms, are not insured — FDIC
The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank entities, such as crypto companies.” In a Fr...
OXY Stock, A Warren Buffett Favorite, Set To Report Earnings Along With These Fast-Growing Firms
Technology stocks dominated the earnings landscape in the latest week as investors responded positively to reports from Microsoft (MSFT) and Alphabet (GOOGL). Amid improving stock market health, OXY s...
Crypto Firms Reckon With Risk Following Collapse
Crypto should watch its exposure to other markets and let algorithms handle lending, industry experts say “We have seen a significant inflow of crypto companies coming to us asking for risk management...
Venture Capital Firms Have Invested $17.5B in Crypto Startups This Year
Considering the potential that crypto startups have and the significant returns that could be derived from investing in them, venture capitalists have continued to invest billions of dollars into smal...
EY Has Built an Ethereum-Based Product to Help Firms Hit Carbon Accounting Goals
“Blockchain tokens that represent a CPU made in Taiwan, for example, and a display from Japan can transcend boundaries allowing a sum of all the carbon footprint data and carbon offsets to be calculat...
Cryptojacking of Financial Firms Increasing as Cases Triple Since 2021, Says Cybersecurity Firm
Financial firms have come under increasing attack from hackers who infiltrate their computer systems and use them to mine cryptocurrencies. The number of such cryptojacking incidents, as they have com...
FCA Warns UK Investors About Risky Clone Firms
44 mins ago | 2 mins read Editors News zfxtrade.com is accused of using the FCA-authorized firm’s legitimate details. As per FCA, the website defrauds people in the United Kingdom. On Monday, the UK’...