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
The Securities and Exchange Commission recently sued Coinbase, alleging the company is operating an unregistered exchange, broker, and clearing agency.
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.
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.
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.
Many stocks have dropped during the last few weeks. This may create a buying opportunity for New York Stock Exchange stocks that are heavily shorted.
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.
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.
New York's chief banking regulator, Superintendent Adrienne Harris, refuted the claim that Signature Capital Corp.'s (NYSE: SI)(Signature Bank) failure was
Banks are a key transmission mechanism for Federal Reserve rate policies, and the nature of fractional reserve banking means that they literally get to create money.
