Latest Market News
We have seen some recent social media posts regarding cryptoassets and non-fungible tokens (NFTs). We cannot comment on individual products. However, as we have said previously, the FCA has not been given regulatory oversight over direct investments in cryptoassets and NFTs. There are no consumer protections for those who buy any cryptoassets and NFTs, and […]
“I guess we have a concern that [the Reserve Bank of India] may be actually in violation of the Supreme Court ruling,” said Coinbase CEO Brian Armstrong. 1819 Total views 40 Total shares Just three days after debuting in the Indian market, United States-based crypto exchange Coinbase abruptly stopped using United Payments Interface (UPI), the […]
Kohl’s Corp. KSS, -2.79% announced Wednesday that shareholders voted to re-elect all 13 members of the department-store retailer’s board, rejecting calls from activist investors Macellum Advisors GP, LLC to overhaul the directors. “The Board remains focused on running a robust and intentional review of strategic alternatives while executing our strategy to drive shareholder value,” said […]
Venture capital continues to target crypto and fintech for funding, with Web3 emerging as a major trend in 2022. 887 Total views 39 Total shares London-based asset manager Fasanara Capital has launched a $350 million investment fund to back fintech and cryptocurrency startups that can deliver new use cases for the emerging Web3 economy. The […]
Moderna Inc. MRNA, -2.56% said Wednesday its recently appointed chief financial officer, Jorge Gomez, has departed the company with immediate effect. The company said the move comes after the May 10 disclosure from Dentsply Sirona Inc. XRAY, -7.31% of an internal investigation into certain matters, including financial reporting. Dentsply, which makes dental products and technology, […]
The BTC dropped pretty much. On Wednesday, investors are trying to find support and help the major cryptocurrency to reach stability at $31,105, but they are very likely to fail. Over the previous week, the BTC lost almost 15% – the crypto market remains under pressure. The external background is still far from favourable. Geopolitical […]