The U.S. Securities and Exchange Commission (SEC) charged Singapore-based Terraform Labs and its chief Kwon Do-hyung with defrauding investors through “a multi-billion dollar crypto asset securities f...
Tag: Securities
7 tax tips for seniors to make the most of your deductions
Tax filing season just opened for 2022 returns, and the IRS is already warning that average refunds may be lower since most pandemic economic relief measures are finished. That means careful tax plann...
Interactive Brokers announce its appointment with Sinopac Securities
Interactive Brokers announced its selection as the primary international broker for Sinopac Securities. So from now onwards, Sinopac’s clients will be able to trade EFTs, Fixed Income instruments, and...
Siemens issues €60M under Germany’s Electronic Securities Act
When a 175-year-old conglomerate decides to go the blockchain way, then it could be right to assume that the technology has the potential to be adopted in the times to come. While the crypto industry ...
A potential stock-market catastrophe in the making: Risky option bets put Wall Street on edge
Professional and amateur traders are flocking to a risky type of equity option that some have likened to lottery tickets, drawn by the opportunity to reap massive returns in the span of just a few hou...
Coinbase Weighs In on SEC Banning Binance USD (BUSD), Says Stablecoins Are Not Securities
Top US crypto exchange Coinbase is weighing in on the regulatory uncertainty swirling around stablecoins this week. The issue is getting attention because New York-based crypto company Paxos said on M...
Stablecoins as securities could spell ‘Armageddon’ for crypto, says Robert Leshner
Markets • February 16, 2023, 5:00AM EST Episode 11 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Compound Labs Founder Robert Leshner. Listen below, an...
Michael Burry and David Tepper snapped up Alibaba during the fourth quarter
High-profile investors Michael Burry and David Tepper were buying Alibaba during the fourth quarter, potentially putting them in a position to profit from the reopening of the Chinese economy. Scion A...
Ken Griffin’s Citadel Securities Discloses 5.5% Stake in Crypto Bank Silvergate
A person familiar with Citadel Securities told CoinDesk that the filing is a result of the firm’s options market making activities rather than a directional investment or stake in Silvergate. Ci...
The SEC Goes After Unregistered Securities
Getty Images Key takeaways The SEC has recently escalated its campaign against unregistered securities, which they claim put investors in risky situations without enough transparency Kraken has shut d...
Citadel Securities buys 5.5% stake in Silvergate bank for market making
Citadel Securities disclosed that it owns 5.5% of Silvergate bank, which has been negatively impacted by the crypto downturn. The shares were bought for options market making, not as an investment in ...
Citadel Securities Bets On Silvergate, Shares Rise 17%
The market-making firm Citadel Securities, owned by Ken Griffin, has recently made a big bet on the crypto-friendly Silvergate Bank, worth $25 million, according to a filing released by the Securities...
Here come the 5% CDs
Don’t touch that dial. If you’re looking for certificates of deposit, the interest rates on offer should be—here’s hoping—heading higher following the latest inflation numbers out Tuesday morning. Rea...
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway discloses boosting stake to 28%
Shares of Occidental Petroleum Corp. OXY, +2.44% rallied 1.8% in afternoon trading Tuesday, after Warren Buffett’s Berkshire Hathaway Inc. BRK.B, -0.94% BRK.A, -0.84% disclosed that it increased its s...
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake – Bitcoin News
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tu...
Paxos Trust Company Disagrees With U.S. Securities
Paxos Trust Company has issued a statement in which it “categorically disagrees” with the United States Securities and Exchange Commission’s characterization of Binance USD (BUSD) as...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
George Soros Snapped Up Tesla, Peloton, Crypto Stocks. What He Dumped.
Tesla and Peloton were on George Soros’s shopping list in the fourth quarter of last year, as he also took new positions in Carvana General Motors and crypto names, while dumping Zoom and Twitter Sor...
Silvergate shares soar after Citadel Securities discloses 5.5% stake
Shares of Silvergate Capital (NYSE:SI) soared on Tuesday after news Citadel Securities had disclosed a 5.5% stake in the California-based crypto-friendly bank. At the time of writing, the company&rsqu...
Citadel Securities discloses hefty stake in struggling Silvergate
Billionaire Ken Griffin’s behemoth Citadel Securities has declared a 5.5% stake in Silvergate Capital worth around $25 million, according to a new filing with the Securities and Exchange Commission (S...
Susquehanna Advisors Group buys 7.5% stake in Silvergate, following Citadel Securities
Susquehanna Advisors Group reported a 7.5% stake in crypto-friendly bank Silvergate Capital. The Pennsylvania-based finance firm bought over 2.36 million shares in Silvegrate, a filing showed. S...
Will you regret that Roth conversion when you get a huge tax bill?
If you took advantage of the down market in 2022 to convert some of your IRA to a Roth, you’re about to get a reality check of how much that will cost you when you file your tax return. Tax-saving str...
Citadel Securities takes 5.5% stake in crypto-friendly bank Silvergate Capital; shares rise
Shares in Silvergate Capital jumped after market maker Citadel Securities reported a 5.5% stake in the crypto-friendly bank. Ken Griffen’s firm now owns over 1.7 million shares in the La J...
Why January’s CPI report could deal a massive blow to the stock market
The stock market’s start-of-year rally is poised to fizzle if a highly-anticipated U.S. inflation report on Tuesday dashes hopes for a quicker retreat in the cost of living in America, warned market a...
The hunt for stocks with rising dividends: These fund managers have a strategy to keep your payouts growing
The broad stock-market rally so far in 2023 might make it easy to forget what a rough ride investors faced last year. It was a time when some active strategies focused on dividends, good cash-flow tre...
IMF Warns El Salvador Against Using Tokenized Securities to Fund Bitcoin Purchases ⋆ ZyCrypto
Advertisement     The International Monetary Fund (IMF) has cautioned El Salvador against using tokenized bonds to fund Bitcoin purchases and urged it to reconsider it...
Dow falls 400 points as stocks suffer worst drop in a month after PPI data, Fed comments
U.S. stocks suffered their worst drop in a month on Thursday after hotter-than-expected data on wholesale prices and talk of more aggressive interest-rate hikes rattled markets. The S&P 500 SPX, -...