Coinbase To Suspend Trading in XRP
Cryptocurrency exchange Coinbase said on Monday it would suspend trading in cryptocurrency XRP after U.S. regulators last week charged associated blockchain firm Ripple with conducting a $1.3 billion unregistered securities offering. From a report: T.....»»
"Insider giving" less regulated, infamous than insider trading, yet research shows it"s widespread, harmful
Insider trading grabs headlines, gets the Hollywood treatment and garners plenty of investigations. Yet a far less notorious and scrutinized activity known as "insider giving" similarly damages markets and the broader society despite its nicer-soundi.....»»
Major new study shows ancient international trading routes between Exeter and Europe
Cutting-edge scientific techniques used to study ancient artifacts found in Exeter have revealed more about the ancient international trading routes between the city and Europe......»»
Neobroker Bitpanda raises $170M at a $1.2B valuation to take its trading platform beyond crypto
One of the bigger startups in Europe operating a trading platform for cryptocurrency has closed a big round of funding on the heels of very rapid growth and plans to open its platform to a wider stream of assets. Bitpanda, a “neobroker” t.....»»
India To Propose Cryptocurrency Ban, Penalizing Miners and Traders
According to Reuters, "India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets." From the report: The bill, one of the world's strictest policies against cryptocurrencies, would crim.....»»
Report: Indian government is planning outright ban on cryptocurrency
The proposed bill would ban trading, mining, and even holding cryptocurrencies. Enlarge / Indian Prime Minister Narendra Modi. (credit: T. Narayan/Bloomberg via Getty Images) The government of India is planning to introduce legislation banning.....»»
Will digital trading cards replace physical ones?
Blockchain based non-fungible tokens are seeing a boom in the sale and trade of digital-only items......»»
Coupang follows Roblox to a strong first day of trading
Coupang's IPO was a success, no matter how you slice it, even if you have valuation quibbles. And it was a huge win for SoftBank. Another day brings another pubic debut of a multibillion dollar company that performed well out of the gate......»»
Sports trading card platform Alt launches with $31 million in funding and plenty of market hype
The alternative asset market showed promise pre-pandemic but amid a broader rally among traditional asset classes, the number of investors searching for and promoting value in the space has exploded. That has, in turn, promoted a pretty major influx.....»»
Roblox: David Baszucki worth $4.6bn as shares soar
First day's trading sees David Baszucki's firm now worth more than some of the biggest gaming firms......»»
Roblox goes public via direct listing, soars to $38 billion valuation
Roblox was valued at about $29.5 billion in a January funding round, though its true public value was up to the market to decide. On its first day of trading, Roblox got a big 40% bump giving the company a market cap of just over $38 billion......»»
Welcome to Bloxburg, public investors
As Roblox began to trade today, the company’s shares shot above its reference price of $45 per share. Currently, Roblox is trading at $71.10 per share, up just over 60% from the reference price that it announced last night. That effort finally.....»»
The technology selloff is getting to be somewhat material
Tech stocks are getting hammered today, with previously high-flying shares of software companies taking even more damage. For a sector that has enjoyed a year in the sun, recent trading sessions have punctured a period of market adoration. It is too.....»»
Okta Says It"s Buying Security Rival Auth0 For $6.5 Billion
Okta, whose cloud software allows office workers to access all of their apps through a secure online service, said on Wednesday that it's spending $6.5 billion to acquire rival Auth0. CNBC reports: Okta's shares plunged about 13% in extended trading.....»»
Goldman Sachs Restarts Cryptocurrency Desk, Will Begin Dealing Bitcoin Futures
Goldman Sachs Group has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, Reuters reported Monday, citing a source. From the report: The team will sit within the.....»»
As Coinbase looks to list, Robinhood rides the crypto boom
Let's see what we can learn about Coinbase's recent trading volume before looking into Robinhood's. Is Robinhood crypto a possible threat to Coinbase's consumer trading volumes? The impending Coinbase direct listing is a fintech debut to wa.....»»
Millions are flocking to Robinhood to trade cryptocurrencies
In comparison, the number of new crypto customers on Robinhood peaked at 401,000 in a single month last year with a monthly average of around 200,000 users trading on the platform for the first time in 2020......»»
Millions of people are flocking to Robinhood to trade cryptocurrencies
In comparison, the number of new crypto customers on Robinhood peaked at 401,000 in a single month last year with a monthly average of around 200,000 users trading on the platform for the first time in 2020......»»
Coinbase Says Entire Crypto Market Could Destabilize if Bitcoin"s Creator is Ever Revealed or Sells Their $30 Billion Stake
Coinbase on Thursday released documents for its public debut on the Nasdaq stock exchange via a direct listing. In the filing, the digital trading platform cited as a risk factor Bitcoin's creator, Satoshi Nakamoto -- the pseudonym used by the person.....»»
Daily Crunch: Twitter announces ‘Super Follow’ subscriptions
Twitter reveals its move into paid subscriptions, Australia passes its media bargaining law and Coinbase files its S-1. This is your Daily Crunch for February 25, 2021. The big story: Twitter announces ‘Super Follow’ subscriptions Twitter.....»»
Five takeaways from Coinbase’s S-1
This morning I want to dig more deeply into Coinbase's user numbers, its asset mix, its growing subscription incomes, its competitive landscape and who owns what in the company. The Coinbase S-1 is out! And hot damn, did the company have a.....»»