Tag Archives: assets

[unable to retrieve full-text content]Russian Billionaires Bid for Stake in Yandex’s Local Assets -Bloomberg News  U.S. News & World Report Source link

Collapsed crypto exchange FTX said Tuesday it has identified $5.5 billion of liquid assets, but said based on current estimates both the international and U.S. based exchange still face a “substantial shortfall” from what the trading venues owe customers. A court document with the restructuring team’s most recent findings shows this $5.5 billion includes $1.7 billion of cash, $3.5 billion of crypto assets, and $0.3 billion of securities. Some $1.7 billion of the company’s assets are being held… Source link

The Federal Reserve, FDIC, and the Office of the Comptroller of the Currency (OCC) issued a joint statement on Tuesday warning about “significant” risks crypto assets may pose to the broader banking system. “It is important that risks related to the crypto-asset sector that cannot be mitigated or controlled do not migrate to the banking system,” the agencies said in a joint statement. “Given the significant risks highlighted by recent failures of several large crypto-asset companies, the… Source link

Yandex, the internet-focused tech giant, may be carving up its business to protect its international activities. Originally borne in Russia, Yandex has been registered in the Netherlands for more than 10 years, and now the international branch of the company is considering selling up its Russian assets to focus on its non-Russia products and services. … Source link

TOKYO–(BUSINESS WIRE)–Hewlett Packard Enterprise (NYSE: HPE) today announced that Yahoo! JAPAN has chosen HPE Asset Upcycling Services to ensure end-of-use hardware gets refurbished and reused wherever possible, to meet its sustainability goals. Yahoo! JAPAN provides internet services to approximately 86 million users. In order to deliver a state-of-the-art user experience the company is constantly modernizing its technology environment. Yahoo! JAPAN pledges to be carbon… Source link

FTX on Thursday said it will open a Tron credit facility to allow holders of TRX, BTT, JST, SUN, and HT to remove their assets from the platform. “As part of this agreement, we will be disabling Tron deposits for all users during this period. The only deposits will be the pre-announced deposits conducted weekly by the Tron Team. Initially, $13,000,000 of assets will be deployed to facilitate such swaps,” the exchange said. The development comes after founder of the Tron cryptocurrency network,… Source link

Morgan Stanley: Prices for Rolex, Patek Philippe and Audemars Piguet watches will keep plunging due to a flood of supply — but these 3 real assets remain scarce and coveted The second-hand market for luxury timepieces had a huge bull run over the past few years. But according to a recent report by Morgan Stanley using data from WatchCharts — which tracks real-time watch market sales — prices of the most sought-after watches from top luxury brands have dropped significantly. The most… Source link

‘Probably the last rally’: Jim Rogers just warned about getting too excited over the market’s recent bump — here are the shockproof assets he likes best right now The stock market has been pummeled, and many investors are wondering when things will turn green again. According to legendary investor Jim Rogers, there is hope on the horizon — but perhaps not for long. “We had huge pessimism because of inflation and other things,” he tells ET NOW. “Now it looks like inflation and… Source link

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link

The Finnish authorities, acting on EU sanctions levied against Russian oligarchs and friends of the Kremlin in June, have seized the assets in Finland of Russian billionaire and Maltese-citizen-since-2016 Arkady Volozh. The Finns were acting on EU sanctions against Yandex founder Arkady Volozh, who acquired Maltese citizenship in 2016 through the highly contentious Individual Investor Programme, known as the cash-for-passport scheme. The Maltese-Russian… Source link