On Friday, Kris Marszalek, CEO of cryptocurrency exchange Crypto.com,announced that he would share a full audited proof of reserve. The dashboard view of the Crypto.com reserve, provided by Nansen, showed that over 20% of the exchanges reserve was held in Shiba InuSHIB/USD tokens, a speculative Eth-based meme coin. However, after reviewing the shared data, Twitter
Billionaire investor and hedge fund manager Bill Ackman says he remains bullish about cryptocurrencies, despite the recent collapse of the FTX cryptocurrency exchange and the market turmoil that has followed it. In a Nov. 20 Twitter thread, the CEO and founder of hedge fund management firm Pershing Square Capital Management said he believes that “crypto is
On-chain sleuth ZachXBT has shared his findings on what he sees as the three most common misconceptions about the FTX hack — taking to Twitter to correct a “ton of misinformation” about the event and the possible culprits. In a lengthy Nov. 20 post on Twitter, the self-proclaimed “on-chain sleuth” debunked speculation that Bahamian officials
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Rishi Sunak will on Monday face pressure from business to soften the economic effects of Brexit, including opening the doors to more immigration to fill holes in the country’s labour market. The prime minister, who will deliver a speech on innovation to the CBI employers annual conference in Birmingham, will be urged to improve relations
Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss Alibaba’s (BABA) stock which has plunged below its 2014 IPO price. Alibaba Group Holding Limited was the largest IPO in history and expectations ran high. Shares initially soared but have now slid 43% year to date. The company has disappointed investors with four
The biggest release of the trading month is the Employment Situation report, which contains Nonfarm Payrolls data. In this video, market expert Peter Martin explains the different reasons that lie behind why traders pay so much attention to the monthly Nonfarm Payroll figures. At Trading 212 we provide an execution only service. This video should
Two reports analyzing two different criminal investigations into Donald Trump have reached a singular conclusion: there is enough evidence to bring charges against the former president. Veteran prosecutors and top legal minds this week banded together to offer an assessment of two ongoing probes one in Georgia examining Trumps actions in the state leading up
Fintech has changed the way people do business. People all over the world today use fintech apps like Venmo and Zelle to send money, or PayPal and TorFXto conduct business transactions. Crypto applications like wallets and exchanges allow people to make mobile transactions at the touch of a finger. Today, fintech companies are becoming more
Post Verrone wears an iced-out chain around his neck and a Bored Ape on his online profiles, but just a couple of years ago he was cleaning bathrooms in Broward County, Florida. I was answering calls for 10dollars an hour when my buddy reached out like, hey, I think youd be good at this, he
More major disappointment and failure has beset the crypto space this week. Sam Bankman-Fried was once the wunderkind of Web3 until a public statement on crypto regulation put him out of the good graces of the majority of the blockchain community. Little did we know that Bankman-Fried's unpopular public statements were a warm-up act for
If youre into fintech, youll want to join the more than 1,000 attendees expected at this years Benzinga Fintech Deal Day & Awards. Make critical connections with successful fintech leaders, and meet more fintech business leaders in oneday than you would in a year. Its all in one place at Fintech Deal Day. The event
Kris Marszalek, CEO of cryptocurrency exchange, Crypto.com, tweeted on Friday that the company is working with Nansen to create a simple dashboard to show a full audited proof of reserve. Nansen tracked all wallets related to Crypto.com to show this dashboard view of the Crypto.com reserve. As Marszalek pointed out, the reserve does contain quite
In this article XRAY VMW LSCC Follow your favorite stocksCREATE FREE ACCOUNT VMware at the NYSE, Dec. 14, 2021. Source: NYSE The market is set to begin what should be a quiet holiday week, but key catalysts are on the horizon. The stock market is closed on Thursday for Thanksgiving Day, and it’s set to
The popularity of QR codes have seen many ups and downs over the course of its almost 30-year existence, but with the need for contact-less menus and transactions during the pandemic, barcode technology is coming back in a big way. From 2018-2020, QR code usage has increased by 96% and many of the top real
Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair likens the fall of crypto exchange FTX and its former CEO Sam Bankman-Fried to the infamous Ponzi Scheme of Bernie Madoff. “It felt very Bernie Madoff-like in that way,” she said. Former FDIC Chair Compares FTX and Sam Bankman-Fried to Bernie Madoff’s Ponzi Scheme Sheila Bair,
The likelihood that the eurozone will fall into a deep recession this winter is receding according to economists who have scaled back their projections as greater fiscal support from governments, lower gas prices and a mild autumn help to improve the bloc’s outlook. Most forecasters still expect eurozone output to contract in the coming quarters.
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This video explores some ideas for combining indicators in order to inform your trading decisions. By utilising different indicator types, we can aim to confirm a signal from a primary indicator, or look to gain a more comprehensive understanding of what is happening with price in the market. Test and practice your strategies in real
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week SBF received $1B in personal loans from Alameda: FTX bankruptcy