Tag Archives: Exchanges

The bankruptcy filing of crypto exchange FTX on Friday did not stop the chaos surrounding the once prominent and trusted crypto trading venue. Since the filing that included 135 affiliated companies, millions of dollars in crypto have been stolen from the company, which is facing a shortfall between $6 billion and $10 billion. Bahamian officials are also probing the matter. “I don’t think it’s an understatement to predict that the FTX bankruptcy will be the most complex in U.S. history,”… Source link

For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on U.S. stock exchanges to comply with American listing rules. But on Friday, five of China’s biggest U.S.-listed, state-owned giants, valued at a collective $318 billion, announced they would exit Wall Street instead, marking an acceleration in the U.S.-China financial decoupling. State insurer China Life Insurance, energy behemoths PetroChina and China Petroleum & Chemical Corporation,… Source link

In the coming weeks, Google will be launching Signed Exchanges in Google Search for desktop users. This primarily impacts sites that utilities dynamic serving with the vary user-agent header but should not impact sites using responsive web design or separate mobile and desktop URLs. The announcement. This announcement was posted in the Google Groups by Devin Mullins of Google. Devin Mullins wrote: Google Search is planning to launch SXG support for desktop users in the coming weeks. Sites… Source link

Vagit Alekperov, president of Russian oil company Lukoil.Sefa Karacan/Anadolu Agency/Getty Images Putin signed a new decree on April 16 that requires Russian companies to remove their listings from overseas exchanges. Now, billionaires won’t be able to collect foreign-currency dividends from depository receipt programs. The decree also means foreign holders of the canceled receipts must receive normal shares placed in non-resident accounts in Russia. In a blow to Russia’s richest business… Source link

While the Moscow Exchange is set to reopen Thursday after a four-week shutdown, trading in Russian stocks listed on international exchanges remains on pause indefinitely — and the suspension is dramatically lifting the risk of default for these companies. Since stock exchanges worldwide halted trading of Russia-linked companies over the country’s invasion of Ukraine, the median one-year market signal probability of default for nearly two dozen foreign-listed Russian enterprises has spiked… Source link

Asset manager Bill Browder, who for years specialized as an investor in major Russian firms, told Yahoo Finance on Tuesday that cryptocurrency exchanges should be closed if they do not suspend accounts owned by Russians. The remarks come days after Ukraine’s vice prime minister called on a slew of major cryptocurrency exchanges — including Coinbase (COIN) and Binance — to stop servicing Russian accounts that may help the country blunt or circumvent sanctions. Coinbase and Binance rejected… Source link

The Nasdaq and New York Stock Exchange halted trading in Russian stocks on Monday. The halt came after the US and other European countries imposed harsh sanctions on Russia due to its invasion of Ukraine. Russia’s central bank is also grappling with whether it should reopen its stock market on Tuesday. Loading … Source link

The amount of bitcoin held on exchanges has declined to a six-month low as the price of bitcoin has seen a 47% decline since its previous all-time high. Bitcoin held on exchanges has seen a continuous decline over the past couple of weeks. The supply held on exchanges has been declining since Mid-May. The current supply on exchanges based on the percentage of the total supply saw a new six-month low being hit.   Low supplies of BTC on exchanges is bullish On-chain analysis company Santiment Source link

Bloomberg Kevin Ulrich Scored a $2 Billion MGM Win. It Only Took a Decade (Bloomberg) — Hedge funds often measure their investments in minutes, not decades; but for Anchorage Capital Group, its long-held stake in Metro-Goldwyn-Mayer Studios Inc. is proving that patience can also be profitable.The New York-based money manager stands to make roughly $2 billion on its investment in the film and TV producer, one that began almost 11 years ago with MGM in bankruptcy court. Amazon.com Inc. agreed… Source link

NEW YORK, NEW YORK – MARCH 20: Traders, some in medical masks, work on the floor of the New York Stock Exchange (NYSE) on March 20, 2020 in New York City. Trading on the floor will temporarily become fully electronic starting on Monday to protect employees from spreading the coronavirus. The Dow fell over 500 points on Friday as investors continue to show concerns over COVID-19. (Photo by Spencer Platt/Getty Images) A year ago last week, March 23, 2020 to be exact, as COVID-19 was beginning… Source link