Earlier this month, Tether Holdings Limited reported a 2022 Q4 profit of $700 million and excess reserves of $960 million. The report couldn’t be independently verified but if true, these figures woul...
Tag: funds
QQQ Stock Price Prediction: Hedge Funds Believe in $QQQ Rally?
QQQ stock price might revert back towards the resistance level of $300 as QQQ shares tried to sustain on Friday. The selling pressure can be observed as the QQQ share price (NASDAQ: QQQ) tried to rema...
Canada’s Largest Pension Sold Apple, Bought EV Stocks Tesla, NIO, Li Auto
Canada’s largest public pension seems to be more bullish about electric vehicles than iPhones. Canada Pension Plan sold 85% of its Apple stock (ticker: AAPL), and scooped up shares of Tesla (TSLA), an...
Earn Massive 10%+ Yields With These 5 Funds
Golden symbolic figures on Finanzzeitung getty Bull or bear? Who cares when we can collect dividends between 10.1% and 11.8%. That’s not a typo. The S&P 500 pays 1.7%. The 10-year Treasury yields ...
This little-known indicator with an excellent record is projecting below-average long-term returns
Small- and midcap stocks will be below-average performers over the next five years. That’s a discouraging prospect, since these sectors have already suffered more than the broad market. The Russell 20...
FTX Japan allows total withdrawal of funds — users rejoice the ‘escape’
While FTX customers worldwide patiently await a conclusion to the FTX and Sam Bankman-Fried (SBF) litigation, users of FTX Japan have started withdrawing all of their funds. On Nov. 7, 2022, crypto ex...
Thomas H. Lee, Leveraged-Buyout Pioneer, Dies of Apparent Suicide
Private-equity pioneer Thomas H. Lee died unexpectedly at 78, his colleagues and family said late Thursday. New York Police Department officials said first responders to an emergency call Thursday mor...
Liquidators To Sell Three Arrows Capital’s NFTs To Recoup Funds
Three Arrows Capital liquidator Teneo has announced that they would be selling the bankrupt firm’s prized NFTs to help recoup the over $3.6 billion owed to creditors. The bankrupt firm’s prized NFT c...
Oasis recovered $140m of stolen Wormhole funds with help of whitehat hackers
Ad Oasis Network worked with a whitehat hacking group to retrieve funds stolen from Wormhole, according to a post from the former project on Feb. 24. On Feb. 2, Solana’s Wormhole bridge was exploited ...
BlueWallet users urged to withdraw funds
BlueWallet is sunsetting its lightning node connection to Lndhub, according to an official statement. BlueWallet will cease custodial lightning operations, meaning that BlueWallet users of the Bitcoin...
Platypus reveals compensation plan for users’ funds after attack
Decentralized finance (DeFi) protocol Platypus has disclosed the details of a recent $9.1 million exploit, alongside its efforts to recover the funds and a compensation plan for victims. In a Medium p...
Nearing retirement? Here’s how to shift your portfolio from growth to income.
Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you migh...
Concerns raised on suspicious movement of Gate.io stolen funds
On Feb. 23, blockchain security tracker CertiKAlert brought to light suspicious activity involving the movement of stolen funds from the Gate.io hack which took place in August 2018. The exploit, whic...
How To Avoid The Worst Sector Mutual Funds 1Q23
Concept of Funding, Financing Business Project. 3D illustration of generic golden coins and pawns … [+] over black background. getty Question: Why are there so many mutual funds? Answer: Mutual ...
Should you buy an annuity for your retirement?
Annuities are a popular retirement income vehicle with many insurance agents, registered representatives and financial advisers. They probably have as many supporters as detractors. Here are some of t...
Hope Finance Discovers $2 Million Theft From Users’ Funds
A report from a web3 security company, CertiK, revealed that an Arbitrum-based DeFi (decentralized finance) project for stablecoins, Hope Finance, lost $2 million to scammers. Furthermore, the report ...
A Crypto that Repairs Environmental Damage & Funds Your Favorite Charity, Church or Club?
Everyone knows we need to repair environmental damage, plus Charities, Churches and Clubs (CCC’s) always need more revenue to carry on their good work. Now Erth Points make businesses want to pay for ...
Hedge Funds Battle to Survive After FTX Exchange Collapse
Some hedge funds were able to weather the storm and remain solvent despite being adversely affected by the failure of the FTX exchange, while others were forced to make the decision to liquidate their...
Scammer steals $2m user funds from Hope Finance
Arbitrum-based stablecoin was compromised by a well-orchestrated smart contract scam leading to users losing about $2 million from their accounts. CertiK reported the occurrence while responding to Ho...
Hope Finance exploit results in $2M stolen from users’ funds
Prospective users of an Arbitrum-based decentralized finance (DeFi) project have been left out of pocket following a $2 million exploit. Web3 security firm CertiK flagged the incident on Feb. 21, foll...
How To Find The Best Style Mutual Funds 1Q23
Pie chart showing a mutual fund portfolio getty With an ever-growing list of similar-sounding mutual funds to choose from, finding the best is an increasingly difficult task. How can investors change ...
FTX Japan Users Can Resume Withdrawing Funds Tomorrow
Customers of FTX Japan will be able to withdraw deposits of crypto and fiat currency tomorrow, the Japanese subsidiary of bankrupt crypto exchange FTX said Monday. The withdrawal process will be facil...
Galois close after losing crypto funds in FTX- The Cryptonomist
Hedge fund Galois Capital, one of the victims of the FTX collapse, has officially given up after half of its assets were trapped in the bankrupt crypto exchange. The fund has finally decided to close ...
Fund manager Daniel Cheung suing over lost funds
People • February 20, 2023, 1:10PM EST Syncracy Capital Co-Founder Daniel Cheung has filed a lawsuit alleging he was scammed out of nearly one million dollars. In a lawsuit filed in the U.S. District ...
Hedge Fund Galois to Shut Down After Losing Funds in FTX
5 hours ago | 2 mins read Exchange News The hedge fund Galois Capital has $40 million frozen at FTX. Galois Capital sold its bankruptcy claims for 16 cents on the dollar. Today the world’s leading cry...
Already worth $19 billion, Ray Dalio will be paid ‘billions’ more after retiring from Bridgewater: report
Ray Dalio, founder of the world’s biggest hedge fund, is to be paid billions of dollars via an exit package he secured upon retiring from Bridgewater Associates last year, according to a report by the...
Hedge fund closes operations after losing funds in FTX exchange: Report
Hedge fund Galois Capital, one of the victims of the FTX collapse, has thrown in the towel after half of its assets got trapped in the bankrupt exchange. The fund has finally decided to shut down and ...
Counterexploit Salvages Stolen Funds From Platypus Hacker
Platypus, a DeFi stablecoin swapping protocol on Avalanche, was exploited for $8.5 million on Thursday evening. The exploit occurred via a flashloan attack that took advantage of a flaw in its USP sol...
Opinion: Ford’s pact with Chinese EV battery maker is a sucker punch to American taxpayers
Virginia Governor Glenn Youngkin made national headlines recently when he rejected a Ford Motor F, +1.30% factory in a struggling part of the state, owning to Ford’s partnership with Contemporary Ampe...