Social investing network eToro Group announced Tuesday that it has cancelled its planned public listing through a merger with FinTech Acquisition Corp. V. SPAC (special purpose acquisition company). eToro said that the closing conditions agreed upon by the two firms when the merger was proposed in March last year have not been met. The two … Continue reading eToro Cancels SPAC deal with FinTech Acquisition Corp. V. Company
According to the most recent Short Interest Reporting dated February 9, the cryptocurrency bank Silvergate Capital Corp. is the second-most shorted company in the United States, with nearly 72.5% of its shares being shorted. This information was gathered from the market on February 9. The Financial Industry Regulatory Authority (FINRA) is responsible for the collection … Continue reading Silvergate Capital Corp. is the second-most-shorted stock
Hut 8 Mining Corp., a prominent player in the digital asset mining industry, has recently been thrust into the spotlight, not for its mining capabilities or innovations, but due to a damning report by J Capital Research. This report accuses Hut 8 of various misdeeds, including an over-levered pump-and-dump scheme, leading to a significant drop … Continue reading Hut 8 Mining Corp. Responds to Short-Seller Accusations Amid Stock Tumble
Canadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange. 3iQ announced that it had received a “favourable ruling” from the OSC for “The Bitcoin … Continue reading Canadian Investment Fund Manager Receives ‘Favourable Ruling’ From Regulators to Offer Bitcoin Fund
In recent years, the emergence of distributed ledger technology (DLT) has spurred discussions regarding the future of financial market infrastructures supporting securities and payments settlements. Cross-border funds transfers involve multiple entities across various jurisdictions. Whereas the demand for cross-border payments is on the increase, they are frequently characterized as costly and slow when compared with … Continue reading Thailand’s Bank of Ayudhya Unveils Blockchain-Based Platform for Cross-Border Funds Transfers
MVIS, the MV Index Solutions, the indexing division of VanEck, a US-based asset manager, partnered with CryptoCompare, a cryptocurrency market data provider, and launched the MVIS CryptoCompare Institutional Bitcoin Index, with the ticker: MVIBTC. This Bitcoin index is built with the aim of monitoring and measuring the market performance of cryptocurrency as regards Bitcoin investment … Continue reading Institutional Bitcoin Index Launched by MVIS and CryptoCompare
Warren Buffett has made a shock investment buying a stake in Barrick Gold Corp after previously calling gold a “non-productive asset.” Peter Schiff mocked the Bitcoin community reminding them that Buffet once called the cryptocurrency “rat-poison squared” and will likely never invest in Bitcoin. Warren Buffett made some significant investment changes in the second quarter. Buffett has … Continue reading Warren Buffett Changes Attitude on Gold, Not Bitcoin Reminds Peter Schiff
As the US dollar keeps plummeting, Max Keiser revealed that Warren Buffett has moved his assets out of the US market, an investment strategy that the Keiser Report host says will set the tone for Bitcoin’s next surge. Warren Buffett exits USD Warren Buffett has invested in the Japanese market, buying a 5% stake in each of Japan’s five … Continue reading Warren Buffett Ditches US Dollar, Bitcoin Price Set to Soar
TikTok, the multibillion-dollar video sharing platform owned by Chinese tech company ByteDance and popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft. Trump: TikTok is a Threat to National Security The news comes at a crucial time after US President Donald Trump had vehemently decreed that TikTok must … Continue reading Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry
More than 10,000 Robinhood trading accounts have allegedly been breached, but despite complaints from customers, it appears as though the brokerage has not acted on it. According to a report by Bloomberg on dark web marketplaces, more than 10,000 login keys linked to Robinhood accounts were up for sale on the darknet market. Speaking about … Continue reading Robinhood Compromised as Dark Web Hackers Allegedly Hold More Than 10K Login Keys