SVB collapse highlights $620 billion hole lurking in banks’ balance sheets

Martin Gruenberg could not have picked a more prescient time to flag risks in the U.S. banking industry. On Monday, the chairman of the Federal Deposit Insurance Corporation (FDIC)—the agency that bac...

Fears over Silvergate, $8B hole at FTX, Binance’s numbers sought

Top Stories This Week Silvergate stock plunges after delayed filing raises doubts over future Silvergate made headlines this week after postponing the filing of its annual 10-K financial report, raisi...

Blockchain.com is acquiring assets to close a $270 million hole left by Three Arrows Capital

Join Our Telegram channel to stay up to date on breaking news coverage In an effort to raise money, Blockchain.com, an early Bitcoin wallet provider and exchange that had a $14 billion valuation as re...

Blockchain.com Shopping Assets to Fill $270M Hole From Three Arrows Capital: Sources

Blockchain.com, the early Bitcoin wallet provider and exchange that boasted a $14 billion valuation as recently as last March, has been attempting to sell off assets in a scramble for capital.  Decryp...

At Kings & Queens Of Corbet’s In Jackson Hole, Women Reign—On And Off The Slopes

Veronica Paulsen prepares to drop at Kings and Queens of Corbet’s at Jackson Hole Mountain Resort in … [+] Jackson, WY, USA on 7 February, 2023. Brett Wilhelm / Red Bull Content Pool Per 2021-22...

Rich Investors Pull Out of Chile, Leaving Behind a $50 Billion Hole

(Bloomberg) — Chile, Latin America’s stand-out economy for the better part of 50 years and a darling of Wall Street, is in many ways facing an existential moment. Most Read from Bloomberg Its Mi...

Bankman-Fried Wanted Crypto Prices to Go Up to Plug FTX Hole

Key Takeaways Top FTX executives worried about Alameda using FTX customer money back in 2020, the New York Times has revealed. Sam Bankman-Fried reportedly dismissed the concerns, saying that Alameda’...

Alameda’s capital portfolio reveals highest token investments in Polygon, Hole, and Port Finance

The capital portfolio of the fallen quantitative cryptocurrency trading firm Alameda Capital was recently released by Financial Times, revealing some interesting investments. According to the spreadsh...

Coinbase CEO Slams Sam Bankman-Fried for Blaming FTX’s $8 Billion Hole on ‘Accounting Error’ – Featured Bitcoin News

The chief executive of the Nasdaq-listed cryptocurrency exchange Coinbase, Brian Armstrong, has slammed former FTX CEO Sam Bankman-Fried (SBF) for claiming that FTX is missing $8 billion due to an “ac...

Coinbase CEO Criticizes FTX’ Former CEO ’SBF’ Over $8B Hole

11 seconds ago | 2 mins read Exchange News $10 billion in client assets had been inappropriately moved to Alameda Research. New CEO Jhas labeled FTX as a corporation with inadequate corporate governan...

Murchison Minerals’ second drill hole at HPM project returns best intersection to date

Vancouver, British Columbia –News Direct– Murchison Minerals Ltd Murchison Minerals’ second drill hole at HPM project returns best intersection to dateMurchison Minerals CEO Troy Boi...

FTM Price Analysis: Fantom bulls capitalize on the gaping hole left by the bears

FTM/USD is currently priced at $0.19 and has increased by 4.24% over the past day The trading volumes have increased by 12.94% over the past day The technical indicators suggest a positive outlook for...

IPO Hole Is Partly Plugged by $24 Billion Burst in Share Sales

(Bloomberg) — All is not lost for equity capital market bankers. Most Read from Bloomberg While initial public offerings have largely vanished, share sales have been surging. Since the start of ...

Elon Musk, Semafor allegations dig ‘conflict of interest’ rabbit hole

On Nov. 18th, Semafor, the global news company, released an announcement stating “no reason in particular, but you can also follow us on,” and then listed a number of their social media platforms. No ...

Is there a hole in my pocket?- LDO will take care of it

Coinbase now supports Lido Finance’s LDO. LDO’s market cap dropped from $547.7 million to $3.67.78 million. Its new addresses grew even during last week’s crash.  Coinbase listings are usually co...

Aussie stock exchange abandons blockchain plans, leaving $170M hole

The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled. In a Nov. 17 statem...

FTX Balance Sheet Shows A Deep Hole, Fund Recovery Difficult

A lot has been happening for crypto exchange FTX ever since it filed for bankruptcy last Friday, November 11. A severe drop in FTX’s crypto assets and unauthorized withdrawals shows that customers hav...

Canadian teachers could have a $95 million hole in their pensions due to the FTX crypto implosion

The crisis at cryptocurrency exchange FTX is having ramifications far and wide. Now Canada’s third largest pension plan is revealing details about its exposure to the troubled company led by 30-year-o...

FTX Hurtles Toward Bankruptcy With $8 Billion Hole, US Probe

(Bloomberg) — The crisis engulfing Sam Bankman-Fried’s FTX.com is rapidly worsening, with the onetime crypto wunderkind warning of bankruptcy if his firm can’t secure funds to cover a shortfall ...

The Block: Lack of FTX buyer would leave ‘giant hole’ in crypto markets: Circle CEO

FTX’s collapse was “sort of a shock,” that spoke to the lack of public visibility into the company’s balance sheet, said Circle CEO Jeremy Allaire during a Wednesday appearance on CNBC. Asked wh...

Opinion: Disney’s ESPN is aiming for a potential pact with DraftKings. The better bet for investors is FanDuel, which has a few aces in the hole

It can be maddening when other people don’t see the world the way we do. In the stock market, this kind of misalignment can be a source of great wealth. I was thinking about that kind of contrarian ap...

Danger of $4 Trillion Hole in World Outlook Haunts IMF: Eco Week

(Bloomberg) — Global finance chiefs gather in Washington in the coming days with the warning of a possible $4 trillion loss in the world’s economic output ringing in their ears. Most Read from B...

Jackson Hole Looks South As American Airlines Launches Nonstop Flights From Miami

Jackson Hole is looking south to attract new visitors. Its sights are set on both South Florida and further south, as in South America. The focus follows an announcement by American Airlines this summ...

Tornado Cash News: GitHub Repository Back Up, The Lawsuit, And The Hole It Left

We’ll keep discussing the Tornado Cash situation because this is a watershed moment for the cryptocurrency industry. Lines are being drawn. The future of privacy for cryptocurrency-related operations ...

Algorand reveals $35M hole in balance sheet owing to exposure to Hodlnaut

The Algorand Foundation is in the news today after it informed its community about the exposure it had to Singapore-based crypto-lender Hodlnaut. The latter is currently facing a liquidity crisis. The...

How Bed Bath & Beyond got itself in such a deep financial hole

We’ve heard a lot recently about how the troubled Bed Bath & Beyond retail chain plans to solve its financial problems by changing its merchandising to include more national brands, taking out exp...

The stock market has tanked since Jerome Powell’s Jackson Hole speech. That’s how the Fed wants it

The stock market’s summer rally ended Friday as investors digested hawkish comments by Federal Reserve Chair Jerome Powell at the central bank’s annual symposium in Jackson Hole, Wyo. Powell made it c...

Bitcoin Slips Below $20,000 As Investors Continue To Mull Powell’s Jackson Hole Speech ⋆ ZyCrypto

Advertisement &nbsp &nbsp After two consecutive weeks of negative returns, Bitcoin opened on Monday with its head down as investors continued to contemplate the hawkish commen...

Stock Market Today: Dow Futures Jump as Jackson Hole Selloff Eases

Text size Wall Street saw its worst day in months last Friday. Angels Weiss/AFP via Getty Images Stocks were set to snap a two-day losing streak ignited by hawkish comments from Federal Reserve Chairm...

Markets whipsaw following Jerome Powell’s hawkish speech at Jackson Hole

Crypto prices swung on Friday as Fed chair Powell spoke about the pain of inflation. Crypto prices rose in the hour leading up to the speech, bitcoin was trading a little higher than $21,800 and ether...

Fed chief Powell ‘did what he needed to do’ in Jackson Hole, Larry Summers says

“ ‘The Fed is positioned as well as it can be — given the credibility losses and mistakes that there have been — with these remarks to manage things going forward.’ ” — Larry Summers Former U.S. Treas...

Bitcoin Slips Below $20,000 After Fed Chair’s Comments in Jackson Hole

Bitcoin (BTC) continued its bearish action on Friday night and slipped below the key $20,000 mark to $19,907, according to CoinMarketCap. It’s a monthly low for August and the first time Bitcoin...