Tag: Stock

BlockFi Sues Sam Bankman-Fried over Robinhood Stock Collaterals

[ad_1] BlockFi, which filed for bankruptcy protection on Monday, is taking Sam Bankman-Fried’s Emergent Fidelity Technologies to court for seizing Robinhood shares (HOOD) pledged to the crypto lending platform as collateral. Grab your copy of our latest Quarterly Intelligence Report for Q3 2022 before your competitors and stay up-to-date...
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GBTC Bitcoin discount nears 50% on FTX woes as investors stock up

[ad_1] The largest Bitcoin (BTC) institutional investment vehicle is coming under suspicion as it trades at a record discount. The Grayscale Bitcoin Trust (GBTC) is the latest Bitcoin industry entity to feel the heat from the debacle over the defunct exchange FTX. FTX woes see Coinbase pledge trust in GBTC...
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Tel Aviv Stock Exchange to create crypto platform

[ad_1] The Tel Aviv Stock Exchange (TASE) disclosed on Oct. 24 the creation of a blockchain-based platform to expand its trading services to cryptocurrencies and other digital assets as part of the new strategic plan for the years 2023 to 2027.  The exchange stated about its venture into crypto...
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Elon Musk offloads $1.1B in Tesla stock

[ad_1] Tesla CEO Elon Musk has offloaded more than one billion dollars worth of shares according to recent financial filings.  Filings submitted on Nov. 11 to the Securities and Exchange Commission confirm the sale of more than 934,000 Tesla shares worth around $1.1 billion. Musk sold the shares at...
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Robinhood’s Crypto Activity Drops 78%, Stock Tanks Below IPO

[ad_1] Robinhood had a net loss of $1.32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34.80 at 9:46 a.m. in New York, $38 below the IPO price in late July, Bloomberg reported. Robinhood Markets Inc....
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How Modern Blockchain Technologies Can Change the Stock Market

[ad_1] The capitalization of the cryptocurrency market has for the first time surpassed the $2 trillion mark. This reflects the rapid development of the sector and the inflow of new capital into digital assets. Nevertheless, the crypto industry market cap remains several times smaller than the capitalization of the...
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