Nexo’s drive for compliance means the company has over 50 licenses. Crypto lender Nexo has announced the receipt of an Italian operating license. Issued by the Organismo Agenti e Mediatori (OAM), the ...
Tag: Operating
Prosus Delivers Strong Ecommerce Revenue Growth and Operating Performance
AMSTERDAM–(BUSINESS WIRE)–Prosus N.V. (AEX: PRX) has announced a solid set of results for the first half of the year. Despite a turbulent period during which industry growth expectations and valuation...
Bitpanda Lands Operating License in Germany as Regulators Circle Industry
Bitpanda today announced it has now been granted the Crypto Custody and Proprietary Trading license for crypto assets from the German Federal Financial Supervisory Authority (BaFin). The BaFin-issued ...
Top Ripple Lawyer Says Company Effectively Operating Outside of the US Due to Impact of SEC Lawsuit: Report
Ripple Lab’s top lawyer says that the company is essentially operating outside of the US due to the lawsuit by the U.S. Securities and Exchange Commission (SEC). According to a recent report by CNBC, ...
Circle CFO says USDC is operating ‘as expected’
Circle’s Chief Financial Officer Jeremy Fox-Geen has released an update on the operations of the company’s stablecoin USD Coin (USDC). Fox-Geen’s statement is a response to the market turmoil followin...
Grayscale says products are operating ‘business as usual’ following Genesis withdrawal freeze
Grayscale said that its products are operating “business as usual” and operations have not been impacted by “recent events” after Genesis Global Capital halted withdrawals. &#...
FTX to Have Its European Operating License Suspended
Following its turmoil, the FTX’s European license is now said to be soon suspended by Cyprus regulators, according to a report. The finalization of the suspension would happen on Friday, said Bloomber...
Lower operating loss, confirms guidance
Polestar 3 Courtesy: Polestar Swedish electric-vehicle maker Polestar said Friday that its third-quarter operating loss narrowed from a year ago as revenue more than doubled, and it confirmed that it ...
Crypto Enterprise Copper Technologies Begins Operating in Switzerland
Copper Technologies – a crypto firm that employs former United Kingdom Chancellor Philip Hammond as its adviser – has encountered some difficulties whilst trying to operate in its home country. As a r...
SEC charges members of Trade Coin Club for operating 82K BTC crypto Ponzi scheme
The Securities and Exchange Commission (SEC) bought charges against five members of a crypto Ponzi scheme – Trade Coin Club that defrauded over 100,000 investors worldwide of 82,000BTC, valued at $29...
SEC Charges Trade Coin Club Founding Members With Operating a $295 Million Ponzi Scheme
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Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator
“From the start, we’ve been committed to innovating within regulatory frameworks,” he said. “We believe blockchain and digital assets will revolutionize finance for everyone around t...
Restaurant operating hours are still shorter compared to 2019
Veselka is serves from its original location, which opened in 1954 in Manhattan’s East Village neighborhood. CNBC Make It It’s not just your imagination. Restaurants aren’t open as l...
CORRECTING and REPLACING Creek Road Miners, Inc. Enters into a Merger Agreement with Prairie Operating Co., LLC
HENDERSON, Nevada–(BUSINESS WIRE)–#virtual–Please replace the release dated October 25, 2022, with the following corrected version due to multiple revisions. The updated release reads: CREEK ROAD MINE...
Gas-to-Bitcoin Firm Crusoe Energy Acquires the Operating Assets of Great American Mining
Crusoe Energy, a Denver-based provider of gas-to-bitcoin infrastructure, declared on Wednesday that it had acquired the operational assets of Great American Mining (GAM). Crusoe now has over 10 MW of ...
ETH Mining GPUs Worth Billions of Dollars Stopped Operating
Wahid Pessarlay $8.1 billion worth of GPUs stopped operating on the Ethereum blockchain following the transition to PoS The transition of the Ethereum blockchain to being a proof-of-stake (PoS) networ...
Gas-to-Bitcoin Firm Crusoe Energy Acquires the Operating Assets of Great American Mining – Mining Bitcoin News
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy announced on Wednesday that it acquired the operating assets of Great American Mining (GAM). The acquisition gives Crusoe over 10 m...
California Takes Action Against 11 Crypto Firms Allegedly Operating Like Ponzi Schemes
California’s regulator has targeted 11 crypto-related entities which allegedly violated the state’s securities laws. The watchdog also claimed that their business model was in the manner of a Ponzi or...
Chainlink Launches SCALE to Ease Oracle Network Operating Costs
In an announcement on Sept. 28, Chainlink Labs stated that the new initiative allows blockchains and layer-2 networks to fast-track smart contract innovation. This is achieved by helping to cover the ...
California regulator accuses 11 of violating securities laws, operating like Ponzi schemes
The California Department of Financial Protection and Innovation accused nearly a dozen crypto and decentralized finance entities of operating like Ponzi schemes and violating state securities laws. T...
FCA green lights Revolut, making no UK crypto firms operating under temporary status
The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services in the countr...
California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes – Regulation Bitcoin News
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms repo...
CFTC Files Its First Case Against A DAO, bZeroX, For Operating Illegally
The U.S. Commodity and Future Trading Commission (CFTC) has filed a case against an autonomous decentralized organization (DAO) protocol, bZeroX, and its founders, Tom Bean and Kyle Kistner, for opera...
Crypto Exchange Coinbase Granted Operating License in European Union’s Fifth-Largest Economy
Crypto exchange Coinbase will begin offering its services in the Netherlands after winning approval to operate in the country, which has the fifth largest economy in the European Union. Coinbase says ...
Beyond Meat Suspends Chief Operating Officer After Arrest For Allegedly Biting Man’s Nose
Topline Beyond Meat suspended its chief operating officer Doug Ramsey, the company announced Tuesday, after the executive was arrested and charged Saturday with biting a man’s nose during a fight afte...
Beyond Meat suspends operating chief Doug Ramsey after arrest for alleged nose biting
Beyond Meat said its operating chief Doug Ramsey has been suspended, effective immediately, after he was arrested Saturday evening for allegedly punching a man and biting his nose. The company said in...
FTX CEO Issues Scam Warning After UK Finance Regulator Suggests the Exchange is Operating Unlawfully
Soon after the financial regulator of the United Kingdom issued a warning to consumers against the FTX cryptocurrency exchange, Sam Bankman-Fried, CEO & founder of the platform, took to Twitter to...
Operating Earnings Fall In 2Q22, Now Understate Core Earnings
Businessman trading online stock market on teblet screen, digital investment concept getty 2 2Q22 Operating Earnings calculated by S&P Global (SPGII THEPHANTOMMENACE ) for the S&P 500 dropped ...
PraSaga awarded U.S. patent for placing computer operating system onto the blockchain
According to a new United States Patent and Trademark Office publication on Tuesday, Swiss-based blockchain startup PraSaga has been awarded a patent placing its operating system, dubbed “SagaOS...
Klarna Half-year Operating Loss Grows amid Key Changes in Business Outlook
Swedish fintech giant Klarna recently reported an increase in its operating loss as it looks to remain profitable for investors. Klarna Bank AB revealed on Wednesday that its half-year operating loss ...
Developing the Next-generation DAO Operating System
The Summon Platform is striving to ease the creation of DAOs for any type of community. Decentralized autonomous organizations (DAO) are getting more popular by the day. A DAO is an entity where all t...
Nordea Hypotek AB posts strong quarter despite operating expenses up 10% over Q2 2021
The uncertainty following Russia’s invasion of Ukraine has seemingly brought the European markets to their knees with raging energy prices and high inflation. Despite such a background premier lenders...