Tag: FinTech
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Bitcoin trader Genesis halts withdrawals; Bankman-Fried & stars are charged
Genesis Global Capital, a cryptocurrency broker, announced on Wednesday that it has suspended redemptions and fresh loan originations at its financing division as the...
Competitor exchanges work to soothe investors as regulators monitor FTX
Following the collapse of cryptocurrency exchange FTX last week, pressure on bitcoin and other digital currencies persisted on Monday, despite efforts by other exchanges...
Client funds totalling at minimum $1 billion are missing from FTX
Two persons with knowledge of the situation unveiled that the defunct crypto exchange FTX has lost at least $1 billion in customer assets.The sources...
Poll says if inflation declines, the Fed must stop raising interest rates by 75 bps
On Nov. 2, the U.S. Federal Reserve will raise interest rates by 75 basis points for the fourth time in a row, according to...
Wall Street rises as data; RBA action raises expectations of Fed easing
The S&P 500 index (.SPX) had its largest one-day gain in two years on Tuesday as lower U.S. economic data as well as Australia's...