Latest Market News
Polygon claimed that the temporary halt by Binance was done to upgrade and synchronize the nodes, as the bug issue has been resolved and the network is stable. 3030 Total views 55 Total shares Binance, the world’s biggest crypto exchange by trading volume, announced earlier on Tuesday that it will be temporarily pausing deposits and […]
Wells Fargo & Co. WFC, -0.41% CEO Charles W. Scharf earned total 2021 compensation of $24.5 million, which includes $2.5 million in base salary, a $5.37 million cash bonus, $10.81 million in performance shares awards (PSAs) and $5.82 million in restricted share rights (RSR), according to the bank’s proxy statement filed on Monday. In 2020, […]
The FCA is planning to collect applications for its new role as head of the department of digital assets by early April. 1031 Total views 37 Total shares The United Kingdom’s Financial Conduct Authority (FCA) is seeking senior executives with cryptocurrency-related expertise as the regulator is preparing to launch a new crypto department to regulate […]
JPMorgan Chase & Co. JPM, +1.36% said Tuesday it agreed to pay an undisclosed sum for Global Shares Plc, a 600-employee share plan software company based in Cork, Ireland. Global Shares has been backed by private equity firm Motive Partners since 2018. Mary Callahan Erdoes, CEO, J.P. Morgan Asset & Wealth Management, led the deal […]
Deus Finance had acknowledged the exploit on its lending contract and the CEO of the firm was quick to come up with a reimbursement plan. 145 Total views 2 Total shares Multi-token decentralized finance (DeFi) marketplace Deus Finance has become the latest victim of an exploit resulting in over $3 million losses in DAI and Ether […]
Sovos Brands Inc. SOVO, -2.26% shares rose 1.6% in Tuesday premarket trading after the food company reported fourth-quarter profit and sales that beat expectations. Net loss totaled $3.8 million, or 4 cents per share, after a loss of $479,000 or a penny per share, last year. Adjusted EPS of 13 cents beat the FactSet consensus […]