The sports collectible company Fanatics is divesting its stake in the NFT firm Candy Digital, according to reports from CNBC on Jan. 4. Candy Digital was founded in 2021 and has produced collections o...
Tag: stake
SBF’s Lawsuit Intensifies: DoJ to Seize $460M Stake in Robinhood
On Tuesday, Sam Bankman-Fried, former CEO of FTX, proclaimed his innocence regarding the various counts of U.S. criminal charges brought against him. Bankman-Fried, accompanied by his lawyer Mark Cohe...
Fanatics is divesting its 60% stake in NFT company Candy Digital
Michael Rubin’s sports platform company Fanatics is divesting its 60% stake in NFT company Candy Digital, according to an internal email obtained by CNBC. Fanatics, who previously held the major...
Without A Speaker, House Business Remains At A Standstill—Here’s What’s At Stake
Topline House Republicans’ refusal to elect Rep. Kevin McCarthy (R-Calif.) as speaker after multiple rounds of voting on Tuesday has left the lower chamber in a state of paralysis: new members have no...
Fidelity slashes the value of its Twitter stake by over half
Fidelity, which was among the group of outside investors that helped Elon Musk finance his $44 billion takeover of Twitter, has slashed the value of its stake in Twitter by 56%. The recalculation come...
MicroStrategy adds to Bitcoin stake despite steep loss
In a new filing with the United States Securities and Exchange Commission, software analytics firm MicroStrategy said that it acquired 2,395 Bitcoin (BTC) at an average price of $17,181 for a total of...
SBF’s $546m loan from Alameda to buy Robinhood stake comes to light
Sam Bankman-Fried reportedly received a loan from his quantitative trading firm Alameda Research, to facilitate the purchase of his stake in American stock brokerage firm Robinhood Markets. This devel...
Alameda Lent Sam Bankman-Fried $546 Million for Robinhood Stake
(Bloomberg) — FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than $546 million from Alameda Research to buy a nearly 8% stake in Robinhood Markets Inc, accord...
Brazil Retailer Guararapes Taps Safra for Stake Sale
(Bloomberg) — Guararapes Confeccoes SA, the Brazilian conglomerate that owns fashion retailer Riachuelo, is working with Banco Safra SA as it mulls a potential stake sale, according to people fa...
FTX Wants SBF’s $450M Robinhood Stake Frozen After BlockFi Sues
FTX has asked a US court to freeze $450 million in Robinhood shares following a competing claim from embattled crypto lender BlockFi. BlockFi declared bankruptcy and sued a Sam Bankman-Fried holding c...
The Best Way to Safely Stake Your Crypto
SPONSORED POST* The many advantages of staking cryptocurrency include its potential high returns, minimal costs, and its effortlessness. The Benefits of Staking Staking presents a low-effort passive ...
Stake your cake on PancakeSwap with the all-new Syrup pool on Aptos!
PancakeSwap takes the opportunity of making its official announcement of successfully launching its Syrup Pools on Aptos. However, this has relevance with its constant endeavor to become the absolute ...
Is Stake legal In The US?
Stake.us is an established sweepstakes casino that offers US players the chance to play for fun or real cash prizes. Stake.us free money can be won by wagering across some top casino titles without ev...
Altria to claim $483 mln capital loss on cannabis company ownership stake
Altria Group Inc. MO, -0.56% said Monday it will continue to evaluate prospects of cannabis company Cronos Group Inc. CRON, -3.86% on whether it will acquire additional common shares of Cronos or disp...
Binance to acquire remaining 40% stake in Indonesian exchange Tokocrypto: Source
Binance is fully acquiring Tokocrypto, after first purchasing a controlling stake in the Indonesian crypto exchange in 2020. In May 2020, when the investment in Tokocrypto was first announced, B...
ApeCoin Staking: Here’s Everything You Need to Know About How to Stake ApeCoin
ApeCoin (APE) staking is now available. The Otherside metaverse has come with the staking platform called ApeStake, which provides greater returns to any BAYC, MAYC, BAKC, and APE holder inclined to s...
Shiba Inu Price Prediction: SHIB Burn Rate Rose around 700% – Will You Stake SHIB?
Shiba Inu Price Prediction suggests that the token is trying to return from the lower trendline of the descending triangle pattern. SHIB crypto is trying to sustain at 20 EMA but still below 50, 100 a...
Berkshire Hathaway Reduces Its Stake in Chinese Automaker BYD
Berkshire Hathaway made its first move to acquire BYD shares after the global financial crisis of 2008, stacking up $230 million worth of the stock at the time at an average price of HK$8 ($1.02). Ame...
Toys R Us Owner WHP Bets On Retail Again With $260m Express Stake
Express wants to transform from mall staple to an international brand following its WHP tie-up. (AP … [+] Photo/Andrew Harnik) Copyright 2020 The Associated Press. All rights reserved Fashion ap...
Microsoft To Buy 4% Stake In London Stock Exchange
US tech giant Microsoft has announced a 10 year strategic partnership with the London Stock Exchange Group (LSEG). As per the announcement, Microsoft will provide data analytics and cloud products to ...
Microsoft To Buy 4% Stake In London Stock Exchange As Part Of 10-Year Deal
Topline Microsoft plans to buy a 4% stake in the London Stock Exchange Group, the U.S. tech giant announced on Monday, part of a decade-long partnership designed to enhance the exchange’s data and ana...
Activist Dan Loeb ups his stake in Bath & Body Works Inc
Bath & Body Works Inc (NYSE: BBWI) is trading up on Friday after Dan Loeb revealed to have increased his stake in specialty retailer to 6.0%. Loeb wants seats on the board According to the activis...
Third Point Sells Cano Stake as Medical Provider’s Cash Dwindles
(Bloomberg) — Daniel Loeb’s Third Point sold its remaining stake in Cano Health Inc. amid mounting concerns around the healthcare provider’s liquidity, according to people with knowledge of the ...
Vodafone’s Top Shareholder Rules Out Bid After Raising Stake
(Bloomberg) — Vodafone Group Plc’s largest shareholder boosted its stake in the telecommunications giant, but said it doesn’t intend to make an offer for the British firm that’s lost a quarter o...
ApeCoin Up 6% as Holders Stake $32M in Ethereum Bored Ape Token
In brief ApeCoin holders have staked nearly $32 million worth of the token since Monday. The price of APE is up 6% over the last day, and 32% in two weeks. ApeCoin’s staking rewards are just around th...
Animoca Brands obtains a major stake in PIXELYNX
Animoca Brands Corporation Limited happens to be a firm actively engaged in forwarding digital property rights. However, this is about all kinds of gaming-related activities and the open metaverse cas...
Chainlink down 6% as holders stake $76M in 24 hours
Chainlink staking early access went live on Dec. 6, and over $75 million worth of LINK tokens have been staked in the first 24 hours, according to Etherscan data. Chainlink staking is live. According ...
ApeCoin hits $20 million as staking goes live; but what’s at ‘stake’ for APE here
ApeCoin officially began the staking on its network and it only took a few hours to hit $20 million APE ‘s NVT showed that circulation outpaced the network value Blockchain development firm, HorizenL...