Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders 3 min read accountability Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued...Read More
Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform 3 min read Elon Musk Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform admin September 15, 2022 Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform....Read More
UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal 3 min read Acquisition UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal admin March 19, 2023 After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National...Read More
Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group 3 min read Alibaba Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group admin January 12, 2023 Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes...Read More
Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets 3 min read $900 million Report: Genesis Owes Gemini Customers $900 Million, Exchange Is Attempting to Recoup Assets admin December 3, 2022 According to a recent report from the Financial Times (FT), Genesis Global Capital allegedly owes $900 million...Read More
Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ 4 min read Crypto regulation Kevin O’Leary: FTX Collapse Is a Turning Point for the Industry — ‘Crypto Bottom Is In’ admin November 15, 2022 Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has investments in FTX. Following the collapse of the...Read More
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud 3 min read ftx Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud admin November 13, 2022 Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case...Read More
NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition 3 min read Acquisition NYSE Halts Twitter Trading After Report Says Elon Musk Plans to Follow Through With Acquisition admin October 4, 2022 According to reports, Tesla’s Elon Musk now plans to purchase Twitter Inc. for the original asking price...Read More
China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan 3 min read ai China’s Metaverse Gaming Market Might Explode to Over $100 Billion According to JPMorgan admin September 14, 2022 Analysts from JPMorgan believe that the metaverse gaming market could explode in China even with the current...Read More
LG to Launch Crypto Wallet Wallypto Later This Year 3 min read Blockchain LG to Launch Crypto Wallet Wallypto Later This Year admin September 2, 2022 LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched...Read More
Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure 3 min read 3AC Report: Blockchain.com CEO Reveals Company Lost $270 Million From 3AC Exposure admin July 9, 2022 According to a report published on July 8, the cryptocurrency firm Blockchain.com lost $270 million from exposure...Read More
Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST 2 min read do kwon Do Kwon Dissolved Terraform Labs Korea Days Before Collapse of Terra LUNA, UST admin May 20, 2022 Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just...Read More