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Mt. Gox Begins Repaying Creditors, Moves $2.5 Billion In BTC
The defunct crypto exchange Mt. Gox transferred Bitcoin to different wallets on Wednesday. According to Arkham data, Mt. Gox moved 37,400 BTC…
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Major Chip And Tech Stocks Drive Down S&P 500 And Nasdaq
The S&P 500 and the Nasdaq are struggling this Wednesday, driven down by declines in major chip and tech stocks while analysts…
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Crypto Exchange BitForex To Resume Withdrawals After Police Probe
Five months after a sudden shutdown, cryptocurrency exchange BitForex announced it would open for withdrawals following a police investigation in China that…
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OKX Follows Binance In Asking Trading Firms For Information About Their Clients
Crypto exchange OKX wants prime brokerages to provide more information about their clients. Reports indicate that the exchange asked for details about…
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Justin Sun Unveils An Ambitious Gas-Free Stablecoin For Tron And Ethereum
Tron founder Justin Sun has said his team is building a gas-free stablecoin. The stablecoin solution seeks to provide free peer-to-peer transfers.…
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Binance.US Gets Court Approval To Invest User Assets In Treasury Bills: Report
Binance.US has received court approval to invest certain customer assets in US Treasury bills. This move marks a significant development in the…
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US Fed To Track The $2 Trillion Shadow Banking Exposure
In a move aimed at enhancing financial stability, the US Federal Reserve has proposed new rules that could revolutionize how we understand…
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Market Speculation Grows Amid White House Race Uncertainty
The financial world is abuzz with speculation about President Joe Biden’s potential withdrawal from the 2024 presidential race. Investors are now scrambling…
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First Republic Ex-employees’ $150M Lawsuit against FDIC Dismissed
A federal judge in California has dismissed a lawsuit brought by nearly 170 former employees of the failed First Republic Bank. The…
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Wall Street’s Main Indexes Advanced After Fed Chair Powell’s Remarks
Wall Street’s main indexes advanced this Wednesday after Federal Reserve Chair Jerome Powell said that inflationary pressures were likely easing. Federal Reserve…