Topline Tech billionaire Jack Ma will reportedly give up control of Chinese fintech major Ant Group as part of an effort to ease regulatory concerns around the company, the Wall Street Journal reporte...
Tag: Reportedly
Crypto Exchange Kraken Reportedly Under Investigations For Sanctions Breach
Kraken is among the world’s largest cryptocurrency exchanges which is currently undergoing a federal investigation. The crypto exchange has been suspected of violating U.S sanctions by allowing users ...
PayPal climbs as Elliot Management reportedly holds a stake in the firm
The payments giant PayPal (NASDAQ: PYPL) has nabbed an investment activist, and not just any, but allegedly Elliot Management. The news is that the investment activist firm is building a stake in PYPL...
Biden Reportedly May Offer $10,000 In Student Loan Relief And Another Payment Pause
Topline President Joe Biden is mulling providing more actions on student loans, including the cancellation of $10,000 in federal student loan debt per borrower, Bloomberg reported Tuesday citing peopl...
Elon Musk Reportedly Had Affair With Sergey Brin’s Wife—Ending Billionaires’ Friendship
Topline The longtime friendship between billionaires Elon Musk and Sergey Brin ended after Musk allegedly had an affair with Brin’s wife last year, which led to the couple’s divorce, the Wall Street J...
Tech Giant Tencent Reportedly Shutting Down ‘Huanhe’ NFT Platform
58 mins ago | 2 mins read NFT News The platform’s commercial potential is reported to have been harmed by prohibitions. It was built by Tencent’s Platform and Content Group (PCG). According to a repor...
Three Arrows Capital Founders Break Their Silence, Reportedly Look to Move to Dubai
The founders of the now insolvent Three Arrows Capital (3AC) Su Zhu and Kyle Davies have broken the silence in an interview with Bloomberg. After almost five weeks in hiding, the disgraced founders ga...
FTX Reportedly in Talks to Buy South Korean Exchange Bithumb
Conversations about the acquisition have been ongoing for several months, according to Bloomberg Founded in South Korea in 2014, Bithumb has grown to become one of South Korea’s “big four” cryptocurre...
FTX is reportedly looking to buy South Korean crypto exchange Bithumb
FTX, the cyptocurrency exchange firm founded by crypto billionaire Sam Bankman-Fried, is looking to acquire South Korea-based crypto platform Bithumb. Reports of the potential acquisition surfaced on ...
Ukraine Reportedly Strikes Deal With Russia To Resume Grain Exports Amid Fears Of Food Crisis
Topline Ukrainian officials say they have reached a deal with Russia, Turkey and the United Nations Friday to lift a Russian naval blockade, allowing millions of tons of stockpiled Ukrainian grain to ...
Prominent Exchange Gemini Reportedly Laid Off 7% of its Workforce
11 hours ago | 2 mins read Exchange News The corporation is taking these steps due to “extreme cost-cutting” initiatives. The firm announced its first round of layoffs less than two months ago. Gemini...
Crypto Exchange Gemini Reportedly Initiates Second Round of Layoffs
Just weeks after the exchange cut about 10% of its staff due to “turbulent market conditions,” Gemini has had to make a second round of staff cuts according to TechCrunch, and more may be on the way. ...
Japan’s crypto self-regulatory system reportedly falling apart
In 2018, Japan established the Japan Virtual Currency Exchange Association (JVCEA) and tasked the body with self-regulating the crypto industry. The government hoped that the industry body would be ab...
Crypto Exchange FTX Reportedly Plans to Raise Fresh Funds After Acquisition Spree
Sam Bankman-Fried’s cryptocurrency exchange FTX is planning to raise fresh funds after its recent acquisition spree amidst the crypto bear market, Bloomberg reported Wednesday, citing people familiar ...
Genesis Trading Reportedly Issued $2.36 Billion Loan To Three Arrow Capital
According to a recent report, Genesis Trading allegedly issued an under-collateralized loan of $2.36 billion to the embattled Three Arrows Capital (3AC). The lending platform had engaged in an arbitra...
Georgia Fake Electors Could Face Criminal Charges, DA Reportedly Says
Topline Sixteen Republicans who met at the Georgia state capitol in 2020 to cast sham Electoral College ballots for then-President Donald Trump have been told they are under criminal investigation and...
3.2 Billion Dogecoin Reportedly Moved by Robinhood: Details
According to DogeWhaleAlert, a data tracking service that gives whale alerts for transactions of more than four million DOGE, 3.2 billion DOGE worth nearly $218 million has been reportedly moved by Ro...
Has Coinbase Halted Customer Withdrawals? As Users Reportedly Facing Withdrawal Issues
– Advertisement – Rumors are circulating online that the leading crypto exchange is troubling customers with their withdrawals. CryptoWhale, in a tweet on Monday, reveals that leading US...
Apple Reportedly Plans To Slow Hiring Amid Recession Fears
Topline Apple shares slid in early Monday afternoon trading after Bloomberg reported the technology giant plans to scale back hiring and spending growth in some areas of its business due to worries ab...
Genesis Reportedly Lent $2.36 Billion to Three Arrow Capital
Genesis Global Trading – a crypto prime brokerage firm – reportedly credited the now insolvent Three Arrows Capital (3AC) with $2.36 billion in under collateralized loans. As reported by The Block, de...
Deandre Ayton Will Reportedly Sign An Offer Sheet With Indiana Pacers
INDIANAPOLIS, INDIANA – JANUARY 14: Deandre Ayton #22 of the Phoenix Suns attempts a shot while … [+] being guarded by Justin Holiday #8 of the Indiana Pacers in the first quarter at Gainb...
Celsius reportedly filing for bankruptcy ‘imminently’
Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual United States state regulators as of Wednesday. The news was reported by ...
Netflix Reportedly In Talks With Hollywood Studios To Display Ads
Topline Netflix is in talks with at least three major Hollywood studios for a lower-cost, ad-supported subscription plan, the Wall Street Journal reported Tuesday, as the company faces financial strug...