Category Archives: Syndicated
Visa launches crypto consulting services in push for mainstream adoption
(CNBC) Visa is launching new consulting and advisory services to help its clients navigate the world of cryptocurrencies. The payments processor said Wednesday its crypto advisory practice, housed within its consulting and analytics division, will offer advice to financial institutions, […]
U.S. risks ‘chilling’ regulations on crypto, industry warns Congress
Reuters) – Top executives from six cryptocurrency firms will on Wednesday tell Congress to tread lightly in imposing new rules on digital assets – or risk sending activity underground or outside the United States. To read this article:
Robinhood files to terminate share sale from backers
(Reuters) – Online brokerage Robinhood Markets Inc (HOOD.O) said on Tuesday it was seeking a termination of the resale of its common shares by certain investors including affiliates of venture capital firms Andreessen Horowitz and Ribbit. To read this article:
BlackRock spreads iShares custody work across Wall Street
(CNBC) Asset manager BlackRock Inc (BLK.N) is adding Bank of New York Mellon Corp (BK.N), Citigroup Inc (C.N) and JPMorgan Chase & Co (JPM.N) as custodians for its $2.3 trillion U.S. iShares exchange-traded funds, diversifying beyond long-time partner State Street […]
Stock futures rise after S&P 500 and Nasdaq’s best day since March
(CNBC) U.S. stock futures rose in overnight trading on Tuesday after stocks continued their upward climb from the omicron sell-off. Dow futures rose about 100 points. S&P 500 futures gained 0.4% and Nasdaq 100 futures were up by 0.54%. To […]
U.S. bank executives raise concerns over inflation
(Reuters) – U.S. bank executives on Tuesday raised concerns about the impact of a sustained period of higher inflation, adding to pressure on the Federal Reserve to accelerate plans to slow down the pace of its asset purchases. To read […]
Tesla shares fall into bear market territory after SEC reportedly opens probe into solar panel defects
(CNBC) Shares of Tesla reversed Monday’s losses and ended the day mostly unchanged after Reuters reported that the Securities and Exchange Commission has opened an investigation into the company. To read this article:
Miami jury rules in favor of Craig Wright, who claimed to invent bitcoin
(CNBC) A man who has claimed to be the inventor of bitcoin just won a major U.S. court case, saving him from paying a former business partner tens of billions of dollars in the cryptocurrency. To read this article:
A major shift is underway at the Federal Reserve that could see a speedier end to its easy policies
(CNBC) A major shift is underway at the Federal Reserve to begin to remove the central bank’s massive pandemic easing policies, and could see it hike rates sooner than is priced in by markets. Comments by Fed officials suggest the […]
Dow futures jump nearly 200 points, continuing rebound in markets as investors reassess omicron risk
(CNBC) Stock futures continue to climb jumping early Tuesday morning after a rebound from a rollercoaster week as investors looked past the potential impact from the new omicron coronavirus variant. Futures on the Dow Jones Industrial Average rose 196 points. […]
Evergrande set for restructuring, with no word on first formal default
(CNBC) Evergrande is set to forge ahead into a debt restructuring that would include all of its offshore public bonds and private debt, according to analysts. To read this article:
Hackers take $196 million from crypto exchange Bitmart, security firm says
(CNBC) Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million […]