Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russia...
Tag: Reports
Russian officials could approve cross-border settlements in crypto: Reports
Russia’s finance ministry and central bank reportedly have agreed on a bill to allow cross-border settlements in crypto, reversing the Bank of Russia’s previous opposition. The bill could give R...
Torture, Executions, Rape Among Russian War Crimes In Ukraine, UN Reports
Topline A group of United Nations investigators tasked with reviewing suspected war crimes Ukraine announced Friday they found extensive evidence of Russian atrocities against both military and civili...
Costco reports results that top estimates and $200 billion annual revenue for first time
Costco Wholesale Corp. shares slipped in the extended session Thursday even as the retailer reported quarterly results that beat Wall Street estimates and annual sales that topped $200 billion for the...
FedEx (FDX) reports Q1 earnings
A person walks by a FedEx van in New York City, May 9, 2022. Andrew Kelly | Reuters FedEx on Thursday announced rate hikes and detailed its cost-cutting efforts after the shipping giant warned last we...
XRP Whales Turn Bullish Over Reports of Settlement With the SEC
Crypto whales have shown a major transition in their behavior over the last week. After backing the world’s second-largest crypto Ethereum (ETH) ahead of the Merge, they are now focusing on Ripple’s X...
FTX Seeking $1 Billion Financing to Raise Valuation to $32 Billion, Reports
Cryptocurrency exchange FTX could be in talks with several investors, seeking to raise $1 billion, increasing the company’s valuation to nearly $32 billion. According to a CNBC report, this billion-do...
Market Maker Wintermute Reports $160M Hack From DeFi Operations
Crypto market-making firm Wintermute lost $160 million to a security breach, according to its CEO Evgeny Gaevoy. In a tweet early Tuesday, the CEO confirmed that the loss was associated with the firm’...
Terra Co-Founder Do Kwon Could Receive ‘Red Notice’ After Reports Claimed he Fled Singapore
South Korean prosecutors have contradicted claims from Terra co-founder Do Kwon that he is not on the run and asked Interpol to issue a ‘Red Notice’ against him. The development follows reports that t...
Binance CEO praises Biden digital asset reports amid industry criticism
Binance CEO Changpeng Zhao commended the digital asset reports released by the Biden administration despite a lackluster reception from some corners of the crypto industry. “It’s great to see th...
Crypto industry, lawmakers slam Biden administration reports
Cryptocurrency industry groups and Republican lawmakers panned a set of highly anticipated digital asset reports from the Biden administration, saying the new documents “miss the mark” and “kick the c...
Here are all of the Biden administration’s crypto reports
A trio of reports released Friday morning by the Biden administration represent a key step in the federal government’s efforts to lay out a comprehensive approach for American crypto policy and ...
Reuters reports major US banks pausing crypto lending plans amid challenging SEC guidelines
The US Securities and Exchange Commission (SEC) guidance on crypto custody might impede banks from the industry because of the cost of implementation, Reuters reported on Sept. 16. According to the re...
Nansen Reports Five Entities Control About 64% Of Staked Ether
The long-awaited Ethereum upgrade, the Merge, has been released. With the transition from PoW to PoS network, the Ethereum blockchain will become more energy efficient. Also, miners will cease to be t...
Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
“Nonbanks are increasingly providing payment services, including issuing money (or money-like) liabilities and processing payments. On the one hand, participation by nonbank payments companies may con...
Musk gets weekly reports on Tesla staff who don’t turn up to work in the office
Elon Musk is continuing to insist that Tesla workers be present in the office full-time, and has doubled down on the company-wide mandate by monitoring who turns up to work every week. News of the att...
South Korean court issues warrant for Do Kwon’s arrest, Chosun Ilbo reports
A South Korean court issued an arrest warrant for Do Kwon, CEO of Terraform Labs, four months after the collapse of the Terra ecosystem, its native luna token and its TerraUSD algorithmic stablecoin —...
Fidelity to offer bitcoin trading to retail customers: Reports
Fidelity Investments plans to launch bitcoin trading for retail customers on its brokerage platform, according to a report from the Wall Street Journal. The trillion-dollar asset manager will make it...
FTX Ventures to Take 30% Stake in SkyBridge Capital, Reports State
FTX Ventures & SkyBridge Capital are collaborating once again to “complement both [their] businesses” on the crypto front. FTX Ventures, the FTX investment arm, is taking a 30% stake in SkyBridge ...
Latest Forecasts Optimistic On Upcoming CPI Inflation Reports
President Biden has drawn attention to lower gasoline prices, which could lead to further mild CPI … [+] reports, but will this be enough for the Fed? (Photo by Jim WATSON / AFP) (Photo by JIM W...
FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Still Falls.
Text size FuelCell reported revenue of $43.1 million for its fiscal third quarter. Jung Yeon-je /AFP via Getty Images FuelCell Energy shares traded lower Thursday as the producer of units that make el...
Thailand SEC Files Police Reports against Zipmex
Previously, Zipmex said it was in “advanced stages of negotiation” with two potential investors. The Securities and Exchange Commission (SEC) of Thailand has filed a police complaint against crypto e...
ASO Reports Solid 2nd Quarter Earnings
Conroy, Texas store Courtesy Academy Sports Academy Sports + Outdoors (ASO) was in line with company’s expectations. Net sales were $1.69 Billon a decrease of 5.8% compared to 1.79 billion last year. ...
Nio reports wider second-quarter loss despite increase in EV shipments
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had a loss of $409...
Best Buy reports its financials for the second quarter
Best Buy Co. (NYSE: BBY) announces its second-quarter financials for the 2022 fiscal year. Domestic revenue decreased 13.1% to $9.57 billion. From a merchandising point of view, Best Buy had a sales d...
Bitfarms Reports Higher BTC Production Following Increase In Miner Revenues
Public bitcoin miners have had a difficult couple of months since the price of bitcoin dropped below the $30 level. The digital asset’s mining revenues had plummeted with the price and had brought dow...
Elliptic Reports 12 Billion USD Lost in NFT Thefts in 2021
Elliptic, a blockchain analytics organization, released a report concerning NFT thefts. Hackers attacked the Ronin Bridge in 2021 to wipe out 540 Million USD. The report suggests that attackers stole ...
NIO, other China-based EV maker stocks fall after August deliveries reports
Shares of NIO Inc. NIO, -8.21% fell 2.2% in premarket trading Thursday, even after the China-based electric vehicle maker reported August deliveries that jumped 81.6% from a year ago to 10,677 vehicle...