SBF Files to Block 56M HOOD Shares from Creditors, Needs It for Legal Costs
Sam Bankman-Fried, the disgraced founder of crypto exchange FTX, has claimed the ownership of the contested 56 million shares of the financial trading app Robinhood.
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Mt. Gox Repayment Date Pushed Back to September 2023
Creditors of the collapsed bitcoin exchange Mt. Gox will have an additional two months to register and select a repayment method for their remuneration.
Huobi Outflows Hit $60.9M in 24 hrs, Inner Turmoil Reported at Exchange
Huobi users reportedly withdrew nearly $61 million worth of funds in 24 hours.
Why Is a One-Time Tax Rebate to Georgians Possible Now?
Georgia is sitting on more than $6 billion in surplus cash, and it plans to use some of that money to give a one-time tax rebate to residents.
The Top Toys When Gen-Xers Were Kids
Every year, a new crop of cutting edge children’s toys hits the market. Of course, what seems technologically advanced changes every year. While 2022 saw mini foam drones, Star Wars Lola robots, and toddler…
Bed Bath & Beyond Shares Fall 19% Amid Reports of Possible Bankruptcy
Shares of Bed Bath & Beyond tumbled after the retailer warned of potential bankruptcy.
Genesis Fires 30% of Staff in Restructuring Attempts After FTX’s Collapse
Genesis Global Trading reportedly laid off 30% of its staff.
Silvergate Takes Charge, Reviews Options After Depositors Withdraw Majority of Digital Assets Amid String of Crypto Flameouts
Silvergate Capital said that it would take a $196 million impairment charge and lay off staff after depositors withdrew the lion's shares of their digital assets.
Bed Bath & Beyond Posts Disappointing Q3 Results, Raises Concerns about Continued Viability
Bed Bath & Beyond has announced that it has substantial doubts about its ability to continue as a going concern.
Xeris Hits Fresh All-Time Lows Despite Bullish Investor Update
Shares of small-cap biotech firm Xeris slipped to fresh new lows even with a positive outlook update from management.
Noose Tightening Around SBF’s Inner Circle as US Probes Nishad Singh
U.S. Attorney for the Southern District of New York reportedly is investigating Nishad Singh.
Genesis Working With Moelis & Co. Mulling Over Chapter 11 Bankruptcy
Genesis Global Markets reportedly is working with the investment bank Moelis & Company on potential solutions to its financial woes.
These Are the 5 Best and Worst Performing Mega-Cap Stocks in Dec 2022
Here is a look at the five best and worst performing mega-cap stocks in December 2022.
Farmland Is a Strong Investment in Uncertain Times
Investors are looking for ways to safeguard and preserve their wealth as the economy continues to shift. One option increasing in popularity as of late is farmland.
Why 2023 Might Be a Big Year for Real World Asset (RWA) Tokenization
Real world asset tokenization is primed to be a promising growth area for the digital asset industry in 2023.
AMC, Antara Complete Announced Stock Transaction
Antara Capital has disclosed ownership of 61.8 million shares of AMC Entertainment Holdings Preferred Equity Units.
Bybit’s Rapid Growth Continues: Userbase Up 104% in 2022
Singaporean cryptocurrency exchange Bybit says its user base has grown 104% since last year.
Celsius Wins Ownership of $4.2B Worth of Customers’ Funds
After a prolonged legal battle, Celsius Network won the ownership of over $4.2 billion worth of customer funds.
Former African Gold CFO Charged With Embezzling Over $5 Million From Employer and Investors
The SEC has charged the former chief financial officer of African Gold Acquisition with stealing over $5 million from his employer and from investors in two other companies.
Animoca Lowers Target for Web3 Fund to $1B After Shaky 2022
Animoca Brands, one of the leading Web3 and blockchain investors, cut the fundraising target for its Web3 fund from $2 billion to $1 billion.