Crypto lender Nexo obtains U.S. bank charter through acquisition deal
Cryptocurrency lender Nexo on Tuesday introduced it has taken a stake in a federally-regulated U.S. bank, paving the way in which for the corporate to...
Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried’s FTX
Clients of beleaguered cryptocurrency lender Voyager Digital could discover some solace within the information that FTX, the bitcoin trade based by billionaire Sam Bankman-Fried, is...
Singapore’s Temasek leads investment in Chinese start-up Well-Link
BEIJING — Singapore state investment agency Temasek is main a $40 million funding spherical in a Chinese startup regardless of a dry spell of offers...
ETF popularity hits record number
ETFs are seeing a record surge in popularity.The business hit a milestone with greater than 3,000 ETFs buying and selling concurrently for the primary time...
Turn its debt into a new cryptocurrency
Since bankrupt crypto lender Celsius froze withdrawals in June, prospects' funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan...
FTX in talks to raise $1 billion at valuation of about $32 billion
Sam Bankman-Fried's crypto conglomerate FTX is in talks with traders to raise up to $1 billion in new funding that will hold the corporate's valuation...
Xpeng says new G9 SUV could become the EV-maker’s best-selling car
BEIJING — Chinese language electrical car start-up Xpeng's latest mannequin will probably promote higher than its hottest car thus far, based on Brian Gu, the...
How billionaire Bankman-Fried survived the slump and still expanded
FTX CEO Sam Bankman-Fried has been looking for bargains amid the business's current carnage and stated he still has money to spend if alternative knocks.It...
BofA predicts breakout in mergers due to downcycle
Mergers in software program could also be about to get away.Prime funding banker Rick Sherlund of Financial institution of America sees a wave of struggling...
Next Fed rate hike to spark dangerous game in economy: Peter Boockvar
The market's violent response to hotter-than-expected inflation could usher in extra losses.Investor Peter Boockvar believes Wall Avenue is coming to grips with a painful actuality:...