Newsfeeds Archive - Spark Newswire

2 minute read

Steve Cohen-backed 24 Exchange Pulls The Plug On Spot Crypto Trading As Regulatory Pressure Intensifies

June 23, 10:12 AM

24 Exchange, a trading platform that secured $14 million in funding in late 2021, which included support from Point72 Ventures led by Steve Cohen, has decided to discontinue its spot

$FTT

3 minute read

The Hidden Puppeteer: Binance’s Alleged Covert Control Over Binance.US Accounts Draws Scrutiny

By Murtuza Merchant

June 5, 10:13 AM

High-ranking Binance executive Guangying Chen, a trusted ally of Binance CEO Changpeng Zhao, was the principal controller of five bank accounts associated with the supposedly autonomous U.S. subsidiary of the colossal crypto exchange, Binance.US, according to disclosed bank records.

2 minute read

Binance Slams Reuters Report On Commingling Customer Funds, Skirts Denying Wrongdoings

By Murtuza Merchant

May 23, 2:33 PM

Patrick Hillmann, the chief communication officer of Binance, addressed a recent Reuters report that alleged Binance had commingled customer funds, pointing out several flaws in the reporting and emphasizing the transparency of Binance's operations.

$BUSD

2 minute read

Binance’s Billion-Dollar Blunder? Report Says Crypto Exchange Commingled Funds

By Murtuza Merchant

May 23, 10:10 AM

The world's largest cryptocurrency exchange Binance allegedly violated U.S. financial rules by commingling customer funds with company revenue, in accounts held at U.S.

1 minute read

Siemens Q2 Revenues Beat Estimates, FY23 Outlook Raised Again

By Lekha Gupta

May 17, 9:25 AM

Siemens AG (OTC: SIEGY) reported Q2 FY23 revenue growth of 14% Y/Y (+15% Y/Y on a comparable basis) to €19.4 billion.…

2 minute read

JPMorgan CEO Jamie Dimon Calls Out the Fed: Too Many Rules, Questions Reliability Of Stress Tests

By Murtuza Merchant

May 12, 2:25 PM

Jamie Dimon, the CEO and chairman of JPMorgan Chase & Co (NYSE: JPM), expressed concern about the impact of potential Federal Reserve

FRCB

1 minute read

Silvergate Capital Crumbles: Hundreds Of Jobs On The Chopping Block Starting Friday

By Murtuza Merchant

May 11, 12:13 PM

Silvergate Capital Corporation (NYSE: SI) on Thursday announced that it will begin a series of substantial headcount reductions starting May 12. Approximately 230 employees will be affected in this first wave of separations.

1 minute read

Short Interest Sector Focus: Financial Services Sector

By Christopher Sappo

April 25, 10:46 AM

As of the close of business on Monday, 4/24, we captured the Top 10 Highest Short Interest % stocks within the Financial Services sector. The average short interest for stocks within the Financial Services sector stands at 1.59%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector.

EZPW

2 minute read

Blaming Crypto? Banking Regulator Spills The Tea On Signature Bank Collapse

By Murtuza Merchant

April 19, 4:27 PM

New York's chief banking regulator, Superintendent Adrienne Harris, refuted the claim that Signature Capital Corp.'s (NYSE: SI)(Signature Bank) failure was

3 minute read

Why Kalera Shares Are Trading Lower By Around 37%? Here Are Other Stocks Moving In Tuesday’s Mid-Day Session

By Lisa Levin

April 11, 12:47 PM

Gainers Innovative Eyewear, Inc. (NASDAQ: LUCY) jumped 164% to $3.86 after the company announced it launched ChatGPT-enabled smart eyewear.

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