Day: August 11, 2022

Aug 11
Cross-chain bridge RenBridge laundered $540M in hacking proceeds: Elliptic

The blockchain forensics firm said cross-chain bridges provide an “unregulated alternative” to exchanges for transferring value between blockchains. 157 Total views 3 Total shares Cross-chain bridges have been the target of more than a few hacks this year, but new data from blockchain analytics provider Elliptic alleges one has been used to launder over half […]

Aug 11
Paysafe stock heads lower after ‘challenging macro backdrop’ prompts RBC downgrade

Shares of Paysafe Ltd. PSFE, +2.30% were falling 2.3% in after-hours trading Wednesday after RBC Capital Markets analyst Daniel Perlin downgraded the payment company’s stock to sector perform from outperform in the wake of the company’s latest earnings report. The company’s latest report and outlook point to “a challenging macro backdrop, especially for its European […]

Aug 11
DAX INDEX Futures (FDAX1!), H4 Potential For Bearish Drop

Type: Bearish Drop Key Levels:Resistance: 13802Pivot: 13452Support: 13013 Preferred Case:On the H4, with price breaking the ascending channel and MACD histograms are moving below zero, we have a bearish bias that price may drop from our pivot at 13452 where the 23.6% fibonacci retracement is to the 1st support at 13013 where the overlap support […]

Aug 11
S&P Midcap 400 Futures (EMD1!), H4 Potential for Bullish Rise

Type: Bullish Rise Key Levels:Resistance: 2564.0Pivot: 2493.6Support: 2460.9 Preferred Case:On the H4, with price moving within an ascending channel and bouncing off the ichimoku support, we have a bullish bias that price will rise from our pivot at 2493.6 where the pullback support is to the 1st resistance at 2564.0 where the swing high resistance […]

Aug 11
Bumble earnings forecast comes up light, stock tumbles

Shares of Bumble Inc. BMBL, -1.68% were falling more than 11% in after-hours trading Wednesday after the online-dating company came up shy of expectations with its outlook for the current quarter. The company posted a net loss of $4.4 million, or 3 cents a share, compared with a loss of $7.1 million, or 6 cents […]