Dick’s Sporting Goods Inc. (NYSE:DKS) to $130? That is the prediction of Wedbush analysts, who have recently issued an outperform rating on the stock. The stock has risen by 42.08% in the past six mon...
Tag: report
Fresh Report Names Top 3 Countries Affected by FTX Collapse, but There’s Catch
Three Asian countries have been singled out for being hit the most by FTX’s unfortunate collapse. Crypto market data analytics firm CoinGecko has just published a report on the impact of the FTX colla...
FTX Japan to Enable Customer Withdrawals Before the End of 2022 (Report)
Despite the ultimate crash of FTX, the Japanese subsidiary of the company reportedly plans to allow client withdrawals by the year’s end. The fiasco of Sam Bankman-Fried’s exchange became one of the m...
Genesis Will Go Bankrupt Without Fresh Funding: Report
Genesis, the crypto brokerage platform that froze withdrawals last week, may resort to bankruptcy if it fails to raise money from potential investors, according to people familiar with the matter. As ...
DraftKings says no evidence systems were breached following report of a hack
Omar Marques | LightRocket | Getty Images DraftKings said Monday there is no evidence the online betting platform’s systems were breached following a report that some users were hacked. An unkno...
The Block: Bitcoin mining stock report: Monday, November 21
Most bitcoin mining stocks tracked by The Block traded lower on Monday, some by double digits. Bitcoin was trading at around $15,800 by market close, according to data from TradingView. &#...
FTX Japan plans to resume withdrawals by 2023: Report
Crypto exchange FTX’s subsidiary in Japan, FTX Japan, reportedly plans to resume withdrawals by the end of 2022. According to a Nov. 21 report from Japan-based news outlet NHK, FTX Japan has been maki...
FTX Japan Preparing to Allow Withdrawals by Year End: Report
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$138,400,000,000 Asset Manager Gearing Up To Launch New Crypto Hedge Fund by End of Year: Report
An investment firm with hundreds of billions of dollars worth of assets under its management is reportedly looking to launch a crypto hedge fund by the end of the year. According to a new report by Bl...
New Report Shows South Korea And Singapore Badly Impacted Amidst FTX Contagion
The FTX collapse might prove to be the biggest disaster in the history of cryptocurrency. Since the news of the exchange’s insolvency issue, a lot has happened in the industry. The fallout spread like...
South Korea and Singapore Hit Hardest by FTX Collapse: Report
On Nov. 20, crypto market data portal CoinGecko released a report on the countries most impacted by the FTX collapse. Unsurprisingly, most are in Asia since U.S. investors were using FTX.US, not the i...
Celsius interim report reveals custody program issues on reimbursement – crypto.news
A new report by the examiner of the bankrupt crypto lender, Celsius Network, details shortfalls in controls and operations at two of the company’s product offerings related to digital assets it held i...
Twitter reinstates Trump, some users report issues refollowing ex-U.S. president’s account
CORRECTION (1:30 p.m. ET) Corrects to clarify the process by which followers have been reinstated to Trump’s account and how crypto CEO accounts were re-added as followers. Former U.S. Pre...
Crypto Scammers Hiring KYC Actors to Build Trust and Defraud Investors: Report
A new report from blockchain security firm CertiK revealed that a large group of professional “Know Your Customer (KYC)” actors are being employed by dubious blockchain developers and scammers to defr...
Sam Bankman-Fried Personally Collected $300,000,000 After Raising Funds for Bankrupt FTX Last Year: Report
The disgraced founder of FTX reportedly personally took in hundreds of millions of dollars last year after a funding round for the embattled crypto exchange. According to a new Wall Street Journal rep...
Report: Stock Volatility Is Now Greater Than Crypto’s
A recent report suggests that the volatility of the crypto market is now far less than the volatility exhibited by stock exchanges such as the Nasdaq and the S&P 500. Crypto Volatility Is Now Less...
Albanian Court Confirms the Extradition of Thodex’s CEO to Turkey (Report)
The Albanian authorities will reportedly extradite the notorious Faruk Fatih Ozer (CEO of the distressed crypto exchange Thodex) to Türkiye. He escaped his homeland last year after allegedly defraudin...
Singapore police warn investors against FTX phishing scams: Report
The Singapore Police Force has warned investors to be weary of fake websites claiming they can help them recover funds from the now-bankrupt cryptocurrency exchange FTX. On Nov. 19, the police issued...
Documentary Film About FTX’s High-Profile Implosion Is Already in the Works: Report
A documentary about the controversial collapse of FTX and its disgraced founder Sam Bankman-Fried is reportedly already in production. Variety reports that the non-fiction entertainment studio XTR is ...
Crypto Exchange FTX Fires 3 Top Executives, Report Reveals – Exchanges Bitcoin News
Three high-ranking executives of failed cryptocurrency exchange FTX have reportedly been dismissed. Among them is one of the co-founders of what was one of the industry’s largest trading platforms, wh...
SBF Cashed Out $300M Following $420M FTX Fundraiser in 2021: Report
A new report by the Wall Street Journal claimed that the disgraced founder and former CEO of FTX took over 70% of the funds gathered from a funding round in October last year. He used the Binance buyb...
TRON Total Number Of Accounts Hit 120 Million: Weekly Report
TRON, the native cryptocurrency of the blockchain network bearing the same name, continues to struggle as it fails to break free from its bearish momentum. According to tracking from Coingecko, the 16...
$138B investment manager Man Group to launch crypto hedge fund: Report
London-based investment manager Man Group Plc is preparing to launch a cryptocurrency hedge fund, signaling continued investor appetite for digital assets in the wake of FTX’s monumental collapse earl...
Genesis Sought $1B Bailout From Investors Before Halting Withdrawals: Report
Crypto lender Genesis tried to raise a $1 billion loan from investors to avoid a “liquidity crunch” driven by the fallout from crypto exchange FTX’s collapse, according to a Wall Street Journal report...
South Korea Confiscates Over $100 Million from Terra’s Co-founder: Report
South Korean prosecutors have seized more than $100 million worth of assets belonging to Shin Hyun-Seong (Daniel Shin), the co-founder of Terraform Labs, for his role in the collapse of the Terra ecos...
The Block: Bitcoin mining stock report: Friday, November 18
Bitcoin mining stocks tracked by The Block were mostly down on Friday, November 18. The price of Bitcoin was about $16,612 at the time of market close. (BTCUSD chart by TradingView) ...
Revolut Distances Itself from FTX While Pushing for Crypto: Report
After Sam Bankman-Fried’s crypto empire imploded last week, exchanges are rushing to soothe the nerves of infuriated investors. Digital banking firm, Revolut is the latest one to distance itself from ...
Crypto-Friendly New York City Mayor Eric Adams Still Supports Digital Assets Despite FTX Implosion: Report
New York City mayor Eric Adams’ stance on crypto is reportedly undeterred by the recent collapse of the FTX exchange. Adams has converted his first three paychecks into Bitcoin (BTC) and Ethereum (ETH...
Another FTX Stadium Naming Rights Deal Bites the Dust Amid Bankruptcy Proceedings: Report
Another high-profile FTX stadium naming rights deal is reportedly cratering amid the exchange’s meltdown and bankruptcy. Front Office Sports reports that the University of California, Berkeley, has su...