Haru Invest’s Update on B&S Holdings Investigation Haru Invest, a prominent investment firm, has recently provided an update on the ongoing investigation into B&S Holdings and its efforts to recover assets. The company has been actively cooperating with investigative authorities, although specific details…
An Unexpected Twist: Taylor Swift’s Failed Partnership with FTX – Pop icon Taylor Swift was set to sign a $100 million sponsorship deal with FTX crypto exchange. – Swift withdrew from the agreement due to concerns about the unregistered securities status of cryptocurrencies.…
Autograph Shifts Strategy to Focus on Fan Loyalty Autograph, the NFT startup venture co-founded by NFL legend Tom Brady, is shifting its strategy after facing struggles in the bear market. The firm’s revenue declined in 2022 due to the overall downturn in the…
Summary: Private equity firm GTCR has agreed to purchase a majority stake in payments company Worldpay from Fidelity National Information Services for $18.5 billion. GTCR will acquire 55% of Worldpay, while Fidelity will retain the remaining 45%. This acquisition represents GTCR’s investment of…
FTX Founder Sam Bankman-Fried Rejects $100 Million Sponsorship Deal: A Lesson on Due Diligence in Crypto Business Partnerships Reports indicate that FTX founder Sam Bankman-Fried made the unexpected decision to walk away from a lucrative $100 million sponsorship deal. This turn of events…
BTC/USD Bulls Stampede to 31525 Before Volatility: Sally Ho’s Technical Analysis – 7 July 2023 Bitcoin (BTC/USD) made strong advances, reaching a fresh twelve-month high of 31525.10 after surpassing the recently-established yearly high at 31443.67. The buying pressure started around 30328.79, and further…
Volatility Shares Trust Sees Strong Trading in First Week of Bitcoin Futures ETF The Volatility Shares Trust, the issuer of the only leveraged bitcoin futures ETF in the U.S., has reported trading of over half a million shares in the fund’s first week.…
13% of LTC Supply Dormant for Five Years According to data from IntoTheBlock, about 13% of Litecoin’s total supply has remained untouched for five years. This could be due to either unwavering confidence in the Litecoin project or the loss of assets. Regardless…
New York Fed’s Innovation Center Explores Wholesale Payments on a Shared Ledger The New York Innovation Center (NYIC) at the Federal Reserve Bank of New York has been collaborating with Citigroup, HSBC, BNY Mellon, and other banks on the concept of a network…