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The SFC has secured a groundbreaking settlement to compensate public shareholders of Combest Holdings Limited, marking a significant regulatory milestone. (Read More)
Bitfarms receives a requisition from Riot Platforms for a shareholder meeting to gain control of its Board of Directors, according to GlobeNewswire. (Read More)
Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license.
The hostile offer comes after a private offer to the board was rejected in April.
GameStop witnessed a significant drop in its market capitalization, losing around $3 billion as investors turned their attention to Bitcoin investments. This shift in focus led to a decrease in GameStop’s stock price and overall value. The surge in popularity of Bitcoin and other cryptocurrencies has attracted many investors who see them as potential lucrative [...]
The post GameStop Stock Plummets by $3 Billion as Shareholders Express Concerns Over Bitcoin Strategy appeared first on Crypto Breaking News.
The parent company of Silicon Valley Bank, SVB Financial Group, and two senior executives have been sued by shareholders after SVB’s collapse last Friday. The proposed class action accuses SVB of hiding the fact that interest rate hikes would leave the bank in jeopardy. Additionally, anonymous sources say the U.S. Department of Justice (DOJ) and [...]
The post Federal Investigators Probe Silicon Valley Bank Collapse; SVB and Top Execs Sued by Shareholders appeared first on Crypto Breaking News.
B. Riley suggested the embattled miner’s issues were “self-imposed” and outlined a path for it to avoid bankruptcy.
The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland’s largest bank, is the “only option” to prevent a “collapse in confidence” in Credit Suisse. According to a March 18 Financial Times report citing three people familiar with the situation, Switzerland is preparing [...]
The post Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report appeared first on Crypto Breaking News.
After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the [...]
The post UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal appeared first on Crypto Breaking News.
MicroStrategy offers leveraged Bitcoin exposure, amplifying risk but potentially offering higher returns with repurchasing options.
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