Capital Markets

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

SEC Twitter Account Compromised, False Bitcoin ETF Approval Post Triggers Market Volatility

Unidentified individual accessed SEC's Twitter through a third party. Lack of two-factor authentication heightened vulnerability. False bitcoin ETF approval triggered…

January 11, 2024

Global Currency Markets Navigate Economic Uncertainties: Yen Weakens, Dollar Awaits U.S. Inflation Data

Japanese yen falls against the dollar and euro due to persistently shrinking real wages for the 20th month. Officials' wishes…

January 11, 2024

YanGuFang International Group Appoints Interim Executives Amidst CEO and CFO Detainment

Leadership Shake-up: CEO and CFO of YanGuFang International Group detained by Shanghai Police, prompting interim appointments for stability. Interim Executives:…

January 11, 2024

Cryptocurrency Market Analysis: SHIB, SOL, and ETH Navigate Challenging Terrain

SHIB breaches 200-day EMA, signaling bearish sentiment. Historical data suggests strong buyer reactions and potential price reversal. Investors eye DCA…

January 11, 2024

Amazon Announces Significant Layoffs in Prime Video and MGM Studios Divisions

Layoffs Across Prime Video and MGM Studios: Amazon announces layoffs in its entertainment divisions as part of a long-term strategy.…

January 11, 2024

Coinbase Faces Crossroads as SEC Approves Bitcoin ETFs

Coinbase secures pivotal custodial partnerships with asset giants like BlackRock, Franklin Templeton, and WisdomTree. Positioned at the forefront, Coinbase takes…

January 11, 2024

Lordstown Motors Faces $45 Million SEC Penalty in Bankruptcy Proceedings

SEC Targets Lordstown: The SEC filed a $45 million claim against Lordstown Motors in bankruptcy proceedings, alleging securities law violations.…

January 11, 2024

Twitch Announces Layoffs, Cutting 500 Jobs to “Rightsize” the Company

Twitch Layoffs: Twitch announces layoffs affecting 500 employees, citing the need to "rightsize" the company and align headcount. Financial Rationalization:…

January 11, 2024

Historic SEC Approval Unleashes Flood of Bitcoin ETFs, Transforming Crypto Landscape

SEC Approval Unleashes Bitcoin ETFs: The SEC greenlights 11 bitcoin ETF applications, opening new avenues for investors. Fee Wars and…

January 11, 2024

SAP Settles Over $230 Million in Global Bribery Case

Landmark Settlement: SAP, the German tech giant, agrees to pay over $230 million to settle global bribery allegations. Deferred Prosecution…

January 11, 2024