Georgia Tech Set To Hire Damon Stoudamire To 5-Year Deal: Report

BOISE, ID – DECEMBER 22: Head coach Damon Stoudamire of the Pacific Tigers looks on during first … [+] half action against the Boise State Broncos on December 22, 2018 at Taco Bell Arena i...

Jobs Report Offers Mixed Results And Fed Says Interest Could Go Higher Than Expected

Getty Images TL;DR This weeks jobs report offered up mixed results, with new payrolls of 311,000 beating expectations, at the same time as unemployment rose and wages stayed broadly flat Fed Chairman ...

314M USDC sent to null address as redemptions begin: Report

According to Web3 analytics platform Watchers, a total of 314.167 million USD Coin (USDC) was sent by its issuer, Circle, to the Ethereum null address with header 0x00 on March 13. The null address is...

Coinbase, Paxos, and Celsius Report Funds Tied up with Now-Shuttered Signature Bank

Several crypto firms have come forward to report their exposure to the now-shuttered Signature Bank, which was shut down by New York regulators on March 12 in conjunction with the United States Federa...

Feds Could Guarantee All Silicon Valley Bank Deposits: Report

With hours to go before the trading day begins in Asia, top U.S. regulators have mulled guaranteeing all deposits at Silicon Valley Bank to prevent broader panic in the global financial sector, the Wa...

FDIC bidding for Silicon Valley Bank is in progress: Report

The United States Federal Deposit Insurance Corporation (FIDC) started an auction process on March 11 night for Silicon Valley Bank, Bloomberg reported citing unnamed sources. Bids are allegedly open ...

U.S. Treasury Janet Yellen working on SVB collapse, not at bailout: Report

United States Treasury Secretary Janet Yellen is reportedly working with regulators to address Silicon Valley Bank collapse and protect investors, but not considering a major bailout. Yellen made the ...

Friday’s NFP Report exceeded expectations: so why did the dollar tank?

The Non-Farm Payrolls (NFP) report for February was scheduled for release last Friday – one week later than usual. It showed that the payroll employment rose by 311k in February, while the unemploymen...

Indian Student Committed Suicide After Becoming a Victim to a Bitcoin Scam (Report)

A second-year B.Com student from the Indian city Lucknow reportedly hanged himself after losing a bitcoin investment worth ₹3.5 lahks ($4,200). The local police assured they will investigate the tragi...

Circle Released its Examination Report After SVB Crisis

Circle recently announced that it uses Silicon Valley Bank (SVB) to manage almost 25% of USDC reserves held in cash. After the Circle’s announcement, USDC started depegging, with USDC falling by  near...

Failed tech bank SVB held over $5B for prominent crypto VCs: Report

According to a report that began circulating on March 11 in the aftermath of the collapse of Silicon Valley Bank (SVB), prominent blockchain venture capitalists (VCs) have over $6 billion worth of ass...

MakerDAO’s Total Collateralization Stands at 15.4%; Report Says

MakerDAO tweeted that the total collateralization of the system is at 15.4%. The platform commented that there was no liquidation over the past week. It also announced the smooth functioning of PSM po...

Blockchain.Com Quits Asset Management After Less Than a Year: Report

Blockchain.com started out as the first Bitcoin blockchain explorer back in 2011 and later expanded into wallet services, as well as hosting its own crypto exchange. Following years of growth, the com...

Wells Fargo Customers Report Issues With Online Bank Accounts

Wells Fargo News: Even as the biggest US banks faced the heat due to the closure of California’s Silicon Valley Bank, customers of major bank Wells Fargo reported facing issues in their online bank ac...

Wells Fargo Customers Report Missed Paychecks Due To Apparent Glitch

Topline Numerous Wells Fargo online banking users complained of not seeing scheduled paychecks hit their accounts Friday, which the bank blames on a technical issue that does not appear connected to T...

JPMorgan Report Predicts Crypto Will Move to Signature Bank

JPMorgan Chase said that the crypto industry would struggle to replace the services offered by collapsed banking partner Silvergate Capital Corp. In a new report, a research team at the Wall Street ti...

Litecoin Overpowers Dogecoin in Transaction Count; Report Says

Litecoin has outdone Dogecoin in terms of its transaction count over the past six months. Over the past 24 hours, the coin has exhibited a transaction count of 124,914 LTC. Bitcoin is the only cryptoc...

Silicon Valley Bank Rocks Crypto and Equity Markets Ahead of Jobs Report

“Silicon Valley Bank (SIVB), another crypto-friendly bank, comes under pressure. The bank is generally regarded as one of the default fallback options for industry participants impacted by the c...

Jobs Report Is So-So For Workers

Layoffs begin. Amityville, N.Y.: Co-workers yell during a demonstration outside one of the Akorn Pharmaceuticals … [+] buildings in Amityville, New York on Feb. 24, 2023. The pharmaceuticals com...

Silicon Valley Bank in Talks to Sell Itself After Failed Capital Raise: Report

Silicon Valley Bank (SIVB) is reportedly seeking external acquisition after its efforts to raise over $2 billion in capital have failed. Shares in the bank were down 62% in pre-market trading on Frida...

Dow Jones Slides On Strong Jobs Report; Silicon Valley Bank Crashes 66% On Bank Run Fears

The Dow Jones Industrial Average briefly dropped more than 175 points Friday, as investors digested a stronger-than-expected jobs report from the Labor Department. SVB Financial (SIVB), holding compan...

Stock futures edge up after crucial jobs report

U.S. stocks sank Friday morning after the crucial jobs report came in warmer than expected and jitters over troubles at Silicon Valley Bank (SIVB) continued to weigh on markets. The S&P 500 (^GSPC...

Facebook Parent Company Meta Exploring Decentralized App: Report

The app, codenamed P92, is still under development. It will allow users to log on using their credentials for Instagram, the photo-sharing social media site also owned by Meta. It will support the Act...

Nansen Report Highlights Optimism for Ethereum Ahead of Shanghai

Just 35% of ETH deposits are profitable ahead of Ethereum’s Shanghai upgrade. The majority of stakers have deposited ETH at rates greater than the current market price. The positive effects of Shangha...

Russian Crypto Mining Bill Says Report Earnings or Face Jail Time

A new Russian crypto mining law mandates that miners declare their earnings or face jail time and forced labor. Meanwhile, the country has subsidized a mining facility in Siberia. Russia’s government ...

Why Friday’s Jobs Report Won’t Save The S&P 500 From Fed Hawks

The Federal Reserve’s data-dependence might suggest that a more mild jobs report on Friday and tamer CPI inflation reading next week could still result in just a quarter-point rate hike on March...

Credit Suisse Postpones Its Annual Report

The management of the company, in a statement, said that it will be wise to postpone the publication for a short period of time to examine and understand more completely the comments received. Credit ...

DeFi platform lost around $21 million to Hacks: DefiLlama Report

Decentralized platforms have become a popular target among hackers. In February, DeFi platforms lost around $21 million to attackers. According to the DefiLlama report, Platypus Finance was highly att...

Trump Expected To Be Criminally Charged In New York, Report Says

Topline Manhattan District Attorney Alvin Bragg’s office has asked former President Donald Trump to testify before a grand jury investigating a hush money payment to a porn star in the final stretch o...

S&P 500 Breaks Critical Support As SVB Financial Crash Slams Bank Stocks; Jobs Report Looms

Dow Jones futures fell slightly after hours, along with S&P 500 futures and Nasdaq futures ahead of Friday’s February jobs report. SVB Financial kept tumbling after triggering a bank stock s...

Dow logs new 2023 low as bank sector tumbles, investors await monthly employment report

U.S. stocks finished sharply lower on Thursday, with the financial sector logging a sharp one-day drop, while investors awaited Friday’s February employment data that could help decide how large an in...

Blockchain.com suspends its asset management subsidiary launched in April: Report

Cryptocurrency financial services company Blockchain.com will suspend operations of its asset management subsidiary, according to a Bloomberg report published March 9. The service had existed less tha...