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Tesla Stock Plunges 22% in 1 Month as Trump Trade Fallout’s Biggest Loser
By CCN: In less than one month, the share price of the Tesla stock has dropped from $273 to $211 by more than 22. 7 percent following the fall out of recent trade discussions. While Tesla bulls remain optimistic about the long-term prospect of the firm, some strategists are concerned about the cash flow of the business and the performance of the company in key markets such as China. дальше »
2019-5-20 15:47 | |
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Wall Street Bitcoin Traders DGAF About Tether’s Massive Scandal
By CCN: Wall Street bitcoin traders clearly DGAF about the Tether/Bitfinex scandal. As crypto investment firm HASH CIB noted on Twitter, institutional traders were more bullish than ever last week, with no short positions taken on bitcoin in CME’s BTC futures market. дальше »
2019-5-16 19:28 | |
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‘Trustworthy’ Bitcoin Exchange That Hid $850 Million Loss Raises $1 Billion
By CCN: Bitfinex CTO Paolo Ardoino told Twitter that the firm was able to raise $1 billion in USDT within a short period because big investors know Bitfinex is “trustworthy. ” Trust, Don’t Verify The New York Attorney General’s office recently opened a very public investigation into the firm. дальше »
2019-5-14 03:00 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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The Bitcoin bear is dead, but Tether drama could spell bad news for traders
The price of Bitcoin has “bottomed” – or so say the cryptocurrency analysts who predicted the end of the bear market. But, they’re also warning the recent Tether drama could turn Bitcoin bearish again over the short term. дальше »
2019-5-2 16:04 | |
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Why CIO of Major Investment Firm Says Tesla’s Stock is Going to $4,000
By CCN: Tesla (TSLA) has had a poor first quarter in 2019, suffering from various occurrences such as the reported explosion of a Tesla Model 3 in China and a big miss on earnings. From January to March, Tesla was expected to generate a revenue of $5. дальше »
2019-5-2 01:45 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Weather Channel Goes Off Air After Being Affected By Ransomware Attack
The Weather Channel has been surprisingly affected by a ransomware attack that lasted an entire hour. Because of this attack, The Weather Channel went off air for a short period of time. The information was released by the firm on April 18. дальше »
2019-4-21 20:24 | |
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Binance Coin (BNB) is Only $6 Short From Retesting Historical High
Binance is turning into the most profitable crypto venture for otherwise bearish ICO investors. The Chinese-turned-Maltese cryptocurrency firm recently noted its native token BNB’s market capitalization reaching $2. дальше »
2019-4-16 15:08 | |
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First SEC-Registered Investment Firm Experiences Rapid Growth
Block Society, the startup that went viral when it became the first ever cryptocurrency-focused SEC-Registered Investment firm has just concluded its first month of operation. In that short period of time, the firm has hit some pretty incredible goals. дальше »
2019-4-2 17:15 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Cannabis Stock Short Sellers are Getting Smoked, Lose $1.7 Billion in 2019
It’s been a great year for cannabis stock investors, but cannabis short sellers are getting burned. Not only are short sellers enduring heavy paper losses as cannabis share prices surge higher, a new report by financial technology and analytics firm S3 Partners suggests the fees to maintain open short positions are on the rise. дальше »
2019-3-13 20:33 | |
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Tesla Short Seller Suddenly Reverses Course, Sets Bullish Price Target
It has not been a good few weeks for Elon Musk and Tesla. Whether it is concerns over safety, the firm’s expansion into China, or even the role of Musk himself as CEO, the luxury electric car manufacturer has been dominating the headlines for all the wrong reasons. дальше »
2019-3-11 21:03 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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NEXUS to Provide Liquidity to TradAir’s OTC and Crypto Derivatives Trading Platform
Just two months after the recent launch of the NEXUS platform, which is a liquidity provider has already been able to attract partners in such a short time. On Monday the firm went ahead to announce that they will be working together with a trading technology company that has been referred to as the TradAir. […] дальше »
2019-1-16 00:00 | |
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GPU-Producing Firm Nvidia Fails to Increase Revenue Due to Falling of Crypto Market and More
American tech firm known for its competent graphic processing units, Nvidia, sees itself falling short on revenue in a short period of time according to news outlet, Tech Crunch. In particular, the analysis of a potentially stagnated firm was based off of its stock prices. дальше »
2018-12-13 08:08 | |
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Study: The NHS is desperately in need of infosec professionals
The UK’s NHS health system is desperately short of information security professionals, research from infosec consultancy Redscan shows. The firm found that NHS trusts typically have just one member of staff with cybersecurity credentials per 2,628 employees. дальше »
2018-12-11 03:00 | |
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Law Firm: South Africa’s Draft Tax Law Could Affect Cryptocurrency Use
A South African law firm has published a short essay on proposed tax legislation for cryptocurrency in the country. Cox Yeats Attorneys, a Durban-based firm, argues that the Taxation Laws Amendment Bill, published by the National Treasury in July, will be bad for the digital asset industry, according to local media reports. дальше »
2018-11-26 18:15 | |
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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?
Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world. дальше »
2018-11-17 01:42 | |
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Has Ethereum Bottomed Out? Report From Major Trading Firm Says So
According to Genesis Global Trading, a major cryptocurrency investment firm that targets institutional investors, short interest towards Ethereum (ETH) has declined substantially in the third quarter of 2018. дальше »
2018-10-21 02:28 | |
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Marco Santori on Airdrops and the “Complete Picture” of SAFT Regulation
Ever since the U. S. Securities and Exchange Commission (SEC) issued a stern warning about initial coin offerings (ICOs) in February 2018, cryptocurrency projects have had to consider different options for distributing their tokens — and funding their development. дальше »
2018-10-20 19:31 | |
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New BitConnect Class Action Combines All Former Suits — And Targets Youtube
According to recent court documents, an Amended Consolidated Class Action Complaint has been filed at a U. S. District Court for the Southern District of Florida against BitConnect. дальше »
2018-10-19 22:58 | |
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Top Wall Street Advisor: Every Firm Should Consider Investing in Bitcoin
Ric Edelman, a top Wall Street advisor and the chairman of Edelman Financial Services, LLC, said in an interview with CNBC’s Fast Money that every financial advisor and investment firm should consider allocating capital to Bitcoin. дальше »
2018-10-4 16:00 | |
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Gemini Dollar Code Review Reveals the Stablecoin’s Accounts Can Be Frozen
This week a blockchain researcher named Alex Lebed published a code review on the new stablecoin, the gemini dollar, created by the Gemini Trust cryptocurrency firm. According to Lebed’s study, gemini dollar accounts can be frozen by the exchange, and the tokens can be turned into non-transferable assets. дальше »
2018-9-16 06:25 | |
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‘Bitcoin Fell Because of Weak Infrastructure,’ Says Distributed Global Partner
Jonathan Cheesman, a partner at investment firm Distributed Global, believes that the currect drop in Bitcoin's price is caused by macro trend, speculative dominance, regulatory uncertainty, short selling, and scams. дальше »
2018-9-10 13:57 | |
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Musical.ly is merging with Tik Tok’s short video platform
Musical. ly, the popular lip-sync video app, is being folded into a similar platform called Tik Tok. The merger will see Musical. ly’s brand and app disappear, and its community is being automatically migrated to Tik Tok with an app update. дальше »
2018-8-2 13:04 | |
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SEC Puts Off Decision on 5 Bitcoin ETFs Till September 2018
The U. S. Securities and Exchange Commission (SEC) has postponed the review of Bitcoin ETFs proposed by investment firm Direxion Asset Management, as it needs more time to study the proposal before reaching a final decision. дальше »
2018-7-26 23:43 | |
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PoWx: A new effort to change the Bitcoin mines was described
In short, PoWx advocates bitcoin adopt a new technology it calls “optical” proof-of-work, which uses a more energy-efficient laser technology as the cornerstone of mining. Not to mention, the developers behind PoWx are the latest to point to one mining firm, Bitmain, and its influence on the network as a major issue. Though exact numbers дальше »
2018-7-6 09:51 | |
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Tether has to show its fund to a law firm but does not get audited
The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all. Vocal Tether critic Bitfinexed has been joined by a growing chorus of critics demanding full transparency from Tether, which is part owned by Bitfinex. Tether has now obliged, producing, for the дальше »
2018-6-21 23:44 | |
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Tether Shows Law Firm Its Funds But Stops Short of an Audit
Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2. 6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all. дальше »
2018-6-20 21:10 | |
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