
Alameda Research to Sell Sequoia Interest to Abu Dhabi Sovereign Wealth Fund for $45M in Cash
FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity.
FTX’s sister trading firm Alameda has agreed to sell its interest in Sequoia Capital to a UAE-based entity.
The management of the company, in a statement, said that it will be wise to postpone the publication for a short period of time to examine and understand more completely the comments received.
The proposed Biden budget plan would close the current harvesting loophole on crypto tax losses, reducing wash sales trading.
American multinational financial services and banking giant, JPMorgan Chase is reportedly on track to cut its business ties with Gemini Exchange.
US senators Kirsten Gillibrand and Cynthia Lummis will release a new draft of the bipartisan crypto bill in April.
Behnam said that most fiat-backed stablecoins don’t operate with the intention of profit and thus shall be treated as securities.
Crypto-friendly bank Silvergate has announced plans to shut down in an orderly manner and fully repay all deposits.
United States President Joe Biden is reportedly on track to propose a 5.7% increase to the salaries of Federal Government workers in the country.
German apparel giant Adidas suffered heavy losses for Q4 2022 and looks to rebuild its business model throughout 2023.
The next Federal Reserve meeting slated to take place between March 21-22.
FDIC officials are reportedly looking at the books and records of Silvergate Bank and could provide a remedy for bank to come out of the turmoil.
Investment management powerhouse Ark Invest has added more Robinhood and Coinbase stock to its holdings amid tame tech developments.
Chinese super app WeChat is the second multipurpose social media platform in the country, after Alipay, to integrate digital yuan payments.
The regulatory body raised concerns that there is no proof that the transaction complies with US Securities law.
Fed chairman stated that they are keenly supervising all regulated financial institutions and have asked them to take extra care in dealing with crypto players.