Alameda Research used prior knowledge of tokens that were scheduled to be listed on FTX to buy them ahead of the public announcements and then sold them for a profit, according to an analysis from cry...
Tag: report
Should you buy or sell GBP/USD after the October UK inflation report?
The inflation report was one of the most-awaited pieces of economic data out of the United Kingdom this week. In October, inflation in the UK reached levels last seen over 40 years ago. More precisely...
BlockFi Facing Bankruptcy: Report
Alex Dovbnya BlockFi is on the verge of collapsing into bankruptcy, according to a recent report by the Wall Street Journal According to a Tuesday report published by the Wall Street Journal, cryptocu...
Alibaba set to report steady growth in third quarter, bolstering investor confidence after rough two years
E-commerce giant Alibaba Group Holding is expected to report steady revenue growth for the previous quarter, analysts said, possibly shoring up investor confidence after two years of being battered by...
Dow turns negative in afternoon trade Tuesday after report of Russian missiles hitting NATO member Poland
U.S. stocks trimmed earlier gains, with the Dow turning negative, after a news report indicated Russian missiles crossed into Poland, a NATO member. The Dow Jones Industrial Average DJIA, +0.17% fell ...
Some Stock Market Gains Fade After Report Of Rocket Strike Inside Poland
The U.S. stock market pared gains in afternoon trading Tuesday. Indexes slid after a report on Twitter that two rockets hit a town in Poland. X The Nasdaq composite surged 2.5% at midday but cut its g...
The Block: Bitcoin mining stock report: Tuesday, November 15
Most bitcoin mining stocks tracked by The Block trended upward on Tuesday, some by double digits. Bitcoin was trading at around $16,800 by market close, according to data from TradingView. ...
Stocks Rally Following Strong Inflation Report, Buffett Bets $4 Billion On Chipmakers
Topline Stocks surged Tuesday morning before settling into modest gains, with Berkshire Hathaway’s latest investments leading the rally, after another promising inflation report stoked hope the Federa...
Visa Pulls Plug on FTX Partnership, Will Wind Down Debit Cards: Report
Visa is cutting off its partnership with collapsed crypto exchange FTX, the payments giant confirmed on Sunday. The end of the much-touted collaboration, which was expanded last month, spells the end ...
BlockFi Exploring Bankruptcy in Response to FTX Fallout: Report
BlockFi is looking for answers to its liquidity troubles caused by its heavy exposure to FTX – and bankruptcy is reportedly on the table. The crypto lending firm is already preparing a potential bank...
BlockFi Eyes Bankruptcy as FTX Fallout Continues: Report
BlockFi is preparing to once again to lay off staffers as the crypto lender considers a possible bankruptcy filing, the Wall Street Journal reported Tuesday. The move, per the Journal’s report, is the...
OKX Announces $100 Million Fund to Support Distressed Projects Following FTX Crash (Report)
The Seychelles-based crypto exchange – OKX – reportedly introduced a $100 million fund to aid companies with liquidity issues. The world’s largest cryptocurrency platform – Binance – launched a simila...
Sam Bankman-Fried Tried to Raise Funds Despite Bankruptcy Filing: Report
Sam Bankman-Fried, the former CEO of the now-bankrupt FTX, tried to rally financial support for his beleaguered crypto exchange. This comes as the platform is facing bankruptcy amid an $8 billion blac...
EU Moving to Ban Privacy Coins: Report
Key Takeaways The European Union reportedly has plans to restrict or ban the use of privacy coins in its jurisdiction. The thinking behind the potential ban appears to be primarily concerned with mone...
Household debt soars at fastest pace in 15 years as credit card use surges, Fed report says
Luis Alvarez | Digitalvision | Getty Images Households increased debt during the third quarter at the fastest pace in 15 years due to hefty increases in credit card usage and mortgage balances, the Fe...
Schwab publishes monthly activity report for october 2022
The Charles Schwab Corporation has published its Monthly Activity Report for October 2022. It has placed three factors at the center of the report. These three factors are net assets acquired, total c...
Bitcoin buyers drawn by rising prices, not dislike for banks: BIS report
Bitcoin (BTC) investors are more likely enticed by the cryptocurrency’s rising prices, rather than their dislike of banks or its perceived use as a store of value, a new report from the Bank for Inter...
A Rumored Report is Heating-up That Shows SEC Chair and FTX Connection
Here is a new update regarding FTX, that the U.S. Securities and Exchange Commission (SEC) met with crypto exchange FTX and former CEO Sam Bankman-Fried (SBF) many times. Their meeting was done just b...
South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report
Authorities in South Korea have reportedly requested Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, to appear as part of an investigation into the collapse of the firm. Accordin...
Home Depot, Lowe’s Report Earnings Amid Housing Recession Risk
Home Depot (HD) and Lowe’s (LOW) report third quarter results on Tuesday and Wednesday, respectively, this week. The home improvement retailers provide insight into the demand and price inflatio...
The Block: Bitcoin mining stock report: Monday, November 14
Bitcoin stocks broadly traded down on Monday, Nov. 14. Bit Digital clocked the biggest gains on Monday, adding 3.64%. Elsewhere, TerraWulf and Mawson Infrastructure Group also added modest gain...
Funds With FTX Exposure Have 7% to 12% of AUM Trapped: Report
Between 25% and 40% of cryptocurrency-focused hedge funds had some level of direct exposure to FTX or the exchange’s native token, FTT, according to a new research note. Crypto Fund Research CEO Josh ...
Amazon to layoff 10,000 workers as soon a this week: Report
Amazon (AMZN) is preparing to lay off roughly 10,000 employees as soon as this week, The New York Times reported on Monday, citing unnamed sources familiar with the matter. The layoffs come as the tec...
Manhattan District Attorney’s Office probes FTX collapse: Report
Prosecutors with the United States attorney’s office in the Manhattan district of New York have reportedly begun investigating the fall of crypto exchange FTX. According to a Nov. 14 report from Reute...
Turbulence for blockchain industry despite strong Bitcoin fundamentals: Report
In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case? The past few months have seen Bitcoin hitting high-water marks including all-...
Re/Make Fashion Accountability 2022 Report Finds Apparel Brands And Retailers Need To Do More
A laborer in Cambodia working on a pair of jeans. Courtesy of Re/Make Re/make’s 2022 Fashion Accountability Report finds a few promising trends, but said much more work needs to be done to bring susta...
Digital Asset Giant Coinbase Reveals New Round of Job Cuts As Crypto Bear Market Intensifies: Report
US-based crypto exchange Coinbase is reportedly laying off another batch of employees as the crypto winter continues to affect the company’s revenue. According to a new report from Reuters, Coinbase r...
Bankrupt FTX Had $9,000,000,000 in Liabilities With Only $900 Million in Liquid Assets Prior to Collapse: Report
New documents reveal that bankrupt crypto exchange FTX reportedly had liabilities 10x larger than the value of all of its liquid assets combined prior to its implosion last week. According to a recent...
Alameda ‘secretly’ traded billions of FTX customer funds: Report
Alameda Research, an FTX-affiliated quantitative crypto trading platform co-founded by Sam Bankman-Fried in 2017, allegedly used funds belonging to FTX users to trade, sources say. The crypto news is ...
FTX Lost Up to $2B in User Funds, $10B Sent to Alameda: Report
As the FTX saga drags into its second week, details of alleged mismanagement are starting to flood in — with more than a billion dollars in customer funds reportedly going missing even before the rece...