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...
Tag: stake
Armistice Capital reports 9.9% stake in miner Stronghold Digital
Hedge fund Armistice Capital took a 9.9% beneficial ownership stake in bitcoin miner Stronghold Digital Mining, according to a filing. The fund had an existing stake in the company, but it̵...
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...
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...
U.S. Future At Stake With Crypto Staking? What’s Next?
This week, a lucrative sector of the cryptocurrency industry that was rapidly becoming the backbone of many networks to save on energy consumption unlike Bitcoin, received a shock to the system. A lit...
JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol – News Bitcoin News
JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the pro...
Ford sells majority stake in Rivian after reporting $7.3B write-down
Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022, is now ...
Billionaire Peltz Ends Disney Proxy Fight With Disney As Stake Swells To $1.1 Billion
Topline Billionaire Nelson Peltz’s proxy battle against Disney is over, the Trian hedge fund founder said Thursday morning on CNBC, giving his stamp of approval to the entertainment conglomerate’s unv...
Robinhood to buyback $578 M Sam Bankman-Fried’s stake: Board
SBF and Gary Wang bought a stake in Robinhood via Emergent Fidelity. BlockFi asked the court, claiming the shares as FTX used them as collateral for a loan. FTX filed for chapter 11 bankruptcy, whil...
Revolut users can now stake crypto on the platform
Revolut, a London-based financial technology company, has launched a ‘crypto staking’ option for its over 25 million users with a particular focus on its customers within the U.K. and the economic zon...
How to Stake Cardano – A Complete Guide
While crypto mining and staking are both competitive methods of creating new coins and increasing the circulation of the total cryptocurrencies, they achieve this differently. For example, crypto mini...
Bankman-Fried Entity That Owns Robinhood Stake Goes Bankrupt
(Bloomberg) — Sam Bankman-Fried’s Emergent Fidelity Technologies Ltd., an offshore entity that owns 55 million shares of Robinhood Markets Inc., filed for bankruptcy Friday amid a fight over who...
Binance Acquires Majority Stake in Gopax
Through its recent purchase of the South Korean cryptocurrency trading platform Gopax, the major cryptocurrency exchange Binance is making its way back to South Korea. Binance has reentered the South ...
Anthropic, an AI business Sam Bankman-Fried had a stake in, receives funding from Google
A few days after Microsoft revealed a new, multiyear, multi-billion-dollar investment in ChatGPT-maker OpenAI, Google unveiled a $300m investment in artificial intelligence (AI) startup, Anthropic. Ba...
Ford sold most of its Rivian stake last year
RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownersh...
Nordstrom stock surges after activist investor Ryan Cohen buys stake
Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Mark Makela | Getty Images Shares of Nordstrom surged Friday morning after activist investor ...
Binance Reopens In South Korea’s Crypto Market Via Stake In GOPAX Exchange
The world’s largest cryptocurrency exchange, Binance, has always been used to making it to the headline most times for its new acquisition. Today’s news is no different as Binance is set to return to ...
Ryan Cohen Builds Nordstrom Stake With Eye on Board Changes
(Bloomberg) — Meme-stock investor Ryan Cohen has built a sizable stake in Nordstrom Inc. and aims to replace at least one of the department store chain’s directors, according to a person familia...
Warren Buffett’s Berkshire Hathaway Trims Stake In Chinese EV Maker To Less Than 13%
Warren Buffett’s Berkshire Hathaway sold 1.55 million Hong Kong-listed shares of electric vehicle maker BYD Co, Ltd (OTC: BYDDF) (OTC: BYDDY) for RMB$351.81 million ($44.85 million). The sale lo...
Secret Network Validator Smart Stake to Shut Down Nodes
One of the most important validators for the privacy smart contract layer-1 blockchain. The Secret Network has declared that it would no longer provide the network with nodes or assistance after makin...
Audi buys minority stake in Sauber ahead of 2026 entry
A show model Audi Formula 1 car on Aug. 26 2022 in Belgium after announcing its participation in the F1 Grand Prix of Belgium. Sem van der Wal | ANP | Getty Images Audi’s entry into Formula 1 ha...
Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Imag...
A Stake Network That Refers To The Proof-of-Stake Mechanism And Obtains Limited Benefits
What is EtherPOS and what are the roles of the ETPOS token? ETHERPOS is a staking network that provides technology for custodial digital currencies, global payments, and applications. The community ha...
Smart Stake discontinues validator and staking service on SecretNetwork
Smart Stake has announced the discontinuation of its node validator and staking service support for SecretNetwork from Feb. 21. The project cites complex and stressful validator operations as part of ...
Renault Nissan Alliance Framework Deal Includes Stake Balancing
A logo is seen on the wall of the venue of a joint press conference by chief executives of Renault, … [+] Nissan and Mitsubishi at the Nissan headquarters in Yokohama, near Tokyo, Tuesday, March...
What are Stablecoins? Types of Stablecoins and how to Stake them – Cryptopolitan
Stablecoins have become increasingly popular in the cryptocurrency world to provide an alternative to the high volatility of other major cryptocurrencies. With their value pegged to another currency, ...
SAP Plans to Sell Qualtrics Stake, Cut 3,000 Jobs
(Bloomberg) — SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics International Inc. as the company looks for ways to boost profit. Mo...