Day: August 3, 2022

Aug 03
Central Bank of Ireland Issues Warning on Unauthorised Firm – Light Finance

It has come to the Central Bank of Ireland’s (‘Central Bank’) attention that a fraudulent firm, Light Finance (Ireland), has been operating as a retail credit firm in the State in the absence of an appropriate authorisation. Light Finance is advertising loans on its website but it holds no authorisation from the Central Bank as […]

Aug 03
‘This is on me’ — Robinhood CEO to lay off 23% of staff after Q2 loss

The online retail broker blamed the economy for a decline in user numbers and net revenue that fell 44% year-on-year, although revenue from crypto rose moderate… Source: Cointelegraph

Aug 03
AMTD Digital issues ‘thank you note’ to investors as stock trades about 23,650% above IPO price

The U.S.-listed shares of Hong Kong-based investment holding company AMTD IDEA Group AMTD, +236.54% skyrocketed 312.5% and subsidiary AMTD Digital Inc. HKD, +126.28%, a Hong-Kong-based digital solutions applications developer, rocketed 149.6% in very volatile afternoon trading Tuesday, enough to make them the two best performers listed on the New York Stock Exchange. AMTD IDEA shares […]

Aug 03
Contagion only hit firms with ‘poor balance sheet management’ — Kraken Aus boss

The crypto contagion only hurt entities that poorly managed their treasuries, but didn’t affect the underlying blockchain technology, he said. 74 Total views 3 Total shares The crypto contagion sparked by Terra’s infamous implosion this year only spread to companies and protocols with “poor balance sheet management” and not the underlying blockchain technology, says Kraken […]

Aug 03
White House says China shouldn’t turn Pelosi’s Taiwan visit into a crisis

There’s no reason for Beijing to turn House Speaker Nancy Pelosi’s Taiwan visit, which is consistent with long-standing U.S. policy, into some sort of crisis or use it as a pretext to increase aggressiveness and military activity in or around the Taiwan Strait, said John Kirby, a spokesman for the White House’s National Security Council. […]

Aug 03
Corn Futures (ZC1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 625’2Pivot: 588’4Support: 560’6 Preferred Case:On the H4, with prices going within the descending trend, we have a bearish bias that price will drop from the pivot at 588’4 where the 61.8% fibonacci retracement is to the 1st support at 560’6 where the swing low is. Alternative Scenario:Alternatively, price could break […]

Aug 03
MICRO BITCOIN FUTURES (MBT1!), H4 Potential For Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 24310Pivot: 22535Support: 20730 Preferred Case: On the H4, with prices moving within an ascending channel and above the ichimoku indicator, we have a bullish bias that price will rise from the pivot at 22535 where the pullback support, 50% fibonacci retracement and 61.8% fibonacci projection are to the 1st resistance […]

Aug 03
Ongoing Solana-based wallet hack has already seen millions drained

NFT marketplace Magic Eden noted that it “seems to be a widespread SOL exploit at play” and called on users to revoke permissions for any suspicious links in their Phantom wallets. 877 Total views 19 Total shares A security vulnerability impacting the Solana ecosystem has reportedly seen millions in funds drained across a number of […]

Aug 03
Herbalife stock gains after earnings beat expectations, as company says ‘underlying business trends stabilized’

A previous version of this report misstated the FactSet consensus estimate for Herbalife’s second-quarter adjusted earnings per share. Shares of Herbalife Nutrition Ltd. HLF, -1.38% were up 11% in after-hours trading Tuesday after the company easily topped expectations with its latest results. The company logged second-quarter net income of $86.5 million, or 88 cents a […]

Aug 03
Regulatory Notice 22-17

Summary FINRA is soliciting comment on a proposal to amend Rule 6730 to reduce the Trade Reporting and Compliance Engine (TRACE) trade reporting timeframe for transactions in all TRACE-Eligible Securities that currently are subject to a 15-minute reporting timeframe. Specifically, members would be required to submit a report to TRACE as soon as practicable (as […]