Cryptocurrency lending firm Hodlnaut has cut most of its workforce and has applied to be placed under judicial management due to bleak financial circumstances. Hodlnaut, which offers interest-bearing ...
Tag: Management
Safe partners with NFTfi to initiate NFT rights management wallet
Safe, a virtual asset manager, has collaborated with NFT lending platform NFTfi. The partnership will birth a new product for non-fungible token owners and offer additional value to digital assets. NF...
Seattle CEO who cut his pay so workers could earn $70,000 minimum resigns
SEATTLE — A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation. Dan Price, the embattle...
Crypto Lender Hodlnaut Applies for Judicial Management in Singapore – crypto.news
Embattled Singapore-based crypto lending platform, Hodlnaut, has applied for protection in the Singapore High Court to be under creditor protection. The crypto exchange wants judicial protection as it...
Ryan Cohen Signals Intent to Sell Bed Bath & Beyond Stake
Text size Activist investor Ryan Cohen, pictured here, signaled in a regulatory filing his intent to sell a stake in Bed Bath & Beyond. C.M. Guerrero/Miami Herald/TNS/Alamy Live News Bed Bath &...
NFTfi Partners With Safe To Create First NFT Rights Management Wallet
NFTfi is to become the first NFT lending platform to offer its users NFT rights management enabled loans Gnosis Safe recently rebranded to Safe following $100M raise The NFT lending protocol NFTfi and...
Battered Crypto Lender Hodlnaut Seeks Judicial Management
A week after suspending its services, the crypto lending platform Hodlnaut filed for an application to be placed under judicial management with the Singapore High Court. Under judicial management, the...
Hodlnaut Seeks Judicial Management After Halting Withdrawals
Key Takeaways Hodlnaut, a crypto lending company that has suspended user withdrawals, is requesting judicial management in Singapore. The company says that this process will protect it against legal c...
Hodlnaut Files for Judicial Management a Week After Halting Withdrawals
Troubled crypto lender Hodlnaut is seeking protection from creditors a week after it halted withdrawals amid a liquidity crisis. In its first update, the crypto platform stated that it has filed an ap...
Embattled Crypto Lender Hodlnaut Seeks Judicial Management in Order to Rehabilitate the Company – Bitcoin News
Eight days ago, the crypto lender Hodlnaut announced that the platform was suspending withdrawals after citing volatile market conditions. This week the company says it is seeking judicial management ...
WWE Says Probe of Vince McMahon Is ‘Substantially Complete’
By Joe Palazzolo and Ted Mann Aug. 15, 2022 8:29 pm ET An investigation by World Wrestling Entertainment board of directors into allegations of sexual misconduct against former chairman and chief exec...
Michael Burry’s Scion Asset management Liquidated All His Stocks Except One
Scion Asset management, a private investment firm led by Michael Burry, abandoned 11 US equities in the second quarter. At the end of the period, it was only left with one. Alphabet Inc. and Meta Plat...
Crypto lender Hodlnaut seeks judicial management to avoid forced liquidation
Singapore-based crypto lending platform Hodlnaut is seeking judicial management to manage its ongoing liquidity crisis and avoid the forced liquidation of assets in the current bear market. The crypto...
Mr. Big Short Michael Burry Makes a Shocking Decision
It’s a puzzling decision that will shock more than one investor. But Michael Burry is accustomed to blows of brilliance. The emblematic financier, known for having bet on the collapse of subpri...
JPMorgan CEO Jamie Dimon rips remote work and Zoom as ‘management by Hollywood Squares’ and says returning to the office will aid diversity
JPMorgan Chase CEO Jamie Dimon blasted working from home and Zoom as “management by Hollywood Squares,” using the dated TV show reference on a call with the bank’s wealthy clients la...
Anshu Jain, former Deutsche Bank CEO in its trading heyday, dies at 59
Anshu Jain, Cantor Fitzgerald’s president and former CEO of Deutsche Bank from 2012 to 2015, died Saturday five years after being diagnosed with duodenal cancer, Bloomberg and Reuters reported. He was...
Banks To Use Their Risk Management and Compliance Expertise To Compete In The Crypto Space ⋆ ZyCrypto
Advertisement     The Office of the Comptroller of the Currency (OCC), an independent bureau of the US Department of the Treasury, issued interpretive letters in 2020 ...
Duke Energy Sees a Bright Future for Nuclear Power
I figured I’d put the uranium rods near the basketball hoop. Water from the nearby garden hose would serve as both the coolant and the moderator, slowing the neutrons enough to keep my chain reaction ...
Blockchain Identity Management Market to Hit $17.81B by 2030
The urge for digitization is expected to push the blockchain identity management market to $17.81 billion by 2030, according to a report by Market Research Future (MRFR). An analysis of the blockchain...
NFT media management platform Pinata raises $21.5 million
Pinata, a firm building a decentralized media management system for non-fungible tokens (NFTs), has raised a total of $21.5 million dollars in venture capital. Greylock, Pantera Capital and Offline ...
Web 3 Asset Management Firm, Serenity Shield Signs A Strategic Partnership With Singapore-Based Digital Insights To Boost Commercial Success
The strategic partnership aims to offer economic, financial, marketing, and commercial cover to Serenity Shield’s users, boosting the development and adoption of the platform. Serenity Shield, an inn...
Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending
Upstart Holdings Inc. delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-dri...
Spend Management Vs. ERP Procurement
Alex Zhong, Director of Product Marketing at GEP GEP GEP and the North Carolina State University (NCSU) Supply Chain Resource Cooperative surveyed supply chain, procurement and IT professionals across...
‘I must humbly and honestly acknowledge that things are really bad’ — SoftBank CEO on $23 billion loss.
TOKYO (AP) — Japanese technology company SoftBank Group posted a $23.4 billion loss in the April-June quarter as the value of its investments sank amid global worries about inflation and interest rate...
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a t...
As Waste Management Looks to Break Out, Don’t Toss Away a Trading Opportunity
The company released its second quarter financial results on the morning of Wednesday, July 27th. The stock ran 2.8% that day. The stock is up 9.1% since the closing bell the night prior. Some might s...