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October 22, 2021

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Coinbase says hackers stole cryptocurrency from at least 6,000 customers

Reuters
Oct 1 (Reuters) – Hackers stole from the accounts of at least 6,000 customers of Coinbase Global Inc (COIN.O), according to a breach notification letter sent by the cryptocurrency exchange to affected customers. The hack took place between March and May 20 of this year, according to a copy of......

Bitcoin rises 5.2% to $43,717

Reuters
A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 30 (Reuters) – Bitcoin was up 5.23% at $43,716.97 as of 22:08 GMT on Thursday, adding $2,174.07 to its previous close. The world’s biggest and best-known cryptocurrency has gained 57.6% from the......

Cryptocurrency exchanges scramble to drop Chinese users after Beijing’s ban

Reuters
SHANGHAI, Sept 27 (Reuters) – Beijing’s new blanket ban on all cryptocurrency trading and mining – the broadest yet by a major economy – has sent crypto exchanges and service providers scrambling to sever business ties with mainland Chinese clients. Shares in a range of Chinese crypto-related firms plunged on......

China’s top regulators ban crypto trading and mining, sending bitcoin tumbling

Reuters
A Chinese flag is seen among representations of Bitcoin and other cryptocurrencies in this illustration picture taken June 2, 2021. REUTERS/Florence Lo/Illustration/File Photo China intensifies crypto crackdown Vows to root out “illegal” trading activity, bans mining Bitcoin, smaller coins slump SHANGHAI/LONDON, Sept 24 (Reuters) – China’s most powerful regulators on......

Banks beware, outsiders are cracking the code for finance

Reuters
Embedded finance investment jumps in 2021, data shows Buy now pay later deals take centre stage Fintech market valuations leapfrog banks LONDON, Sept 17 (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart......

Theater chain AMC to accept other cryptocurrencies along with bitcoin

Reuters
A representation of cryptocurrency Bitcoin is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Sept 16 (Reuters) – AMC Entertainment Holdings Inc (AMC.N) boss Adam Aron said the theater chain would accept ether, bitcoin cash and litecoin alongside bitcoin for ticket purchases, as cryptocurrencies gain acceptance among......

Robinhood says SEC reviewing share sale filing – Reuters

Reuters
Robinhood says SEC reviewing share sale filing Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

Buffett-backed Nubank to seek IPO valuation of over $55 bln -sources

Reuters
The logo of Nubank, a Brazilian FinTech startup, is pictured at the bank’s headquarters in Sao Paulo, Brazil June 19, 2018. REUTERS/Paulo Whitaker BANGALORE/SAO PAULO, Aug 25 (Reuters) – Brazil’s Nubank is seeking a valuation in its planned U.S. initial public offering that would push the eight-year-old fintech past the......

NFT sales surge as speculators pile in, sceptics see bubble

Reuters
LONDON, Aug 25 (Reuters) – Non-fungible token (NFT) sales surged in August, according to the largest platform for the burgeoning digital asset class, as speculators bet growing interest across the art, sport and media worlds will keep prices rising. The niche crypto asset, which is a blockchain-based record of ownership......

Meme stocks soar in late day trading surge, short sellers knocked

Reuters
NEW YORK, Aug 24 (Reuters) – Shares of several retail trading darlings, including AMC Entertainment (AMC.N) and GameStop (GME.N), surged in heavy volume late on Tuesday, on no apparent news, dealing over $1 billion in losses to short sellers. While broad market indexes rose modestly on Tuesday, with the Nasdaq......

Crypto platform Poly Network says hacked funds returned

Reuters
A representation of cryptocurrency Monero is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustrationo/File Photo HONG KONG, Aug 23 (Reuters) – Cryptocurrency platform Poly Network said on Monday that almost all of the $610 million stolen this month in one of the biggest crypto heists had now been......

PayPal launches crypto buying and selling in the UK

Reuters
A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration LONDON, Aug 23 (Reuters) – PayPal Holdings Inc (PYPL.O) will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company......

EXCLUSIVE China eyes pushing U.S. IPO-bound firms to hand over data control -sources

Reuters
HONG KONG, Aug 20 (Reuters) – Chinese regulators are considering pressing data-rich companies to hand over management and supervision of their data to third-party firms if they want U.S. stock listings, sources said, as part of Beijing’s unprecedented scrutiny of private sector firms. The regulators believe bringing in third-party information......

‘Ghost town’ fears send Robinhood sliding as trading frenzy fizzles

Reuters
Aug 19 (Reuters) – Shares of Robinhood Markets Inc (HOOD.O) fell 9% on Thursday as the fee-free broker’s warning about a slowdown in trading raised concerns about its reliance on a pack of small-time investors to sustain a frenzy in stocks, options and cryptocurrencies. In its first results as a......

DeFi platform Poly Network reports hacking, loses estimated $600 million

Reuters
A person wearing a balaclava is silhouetted as he poses with a laptop in front of a screen projected with the word ‘cyber’ and binary code, in this picture illustration taken in Zenica October 29, 2014. REUTERS/Dado Ruvic/File photo HONG KONG, Aug 11 (Reuters) – Poly Network, a decentralised finance......

Binance U.S. CEO Brooks resigns just three months into job

Reuters
Binance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration Aug 6 (Reuters) – Brian Brooks, chief executive of the U.S. arm of global cryptocurrency exchange Binance, said on Friday he had resigned just three months aftertaking up the role. The former U.S. banking......

Bukalapak up 25% after raising $1.5 bln in Indonesia’s biggest IPO

Reuters
The app logo of Indonesian e-commerce company Bukalapak is seen on a mobile phone next to a stock graph displayed in this illustration picture taken July 14, 2021. REUTERS/Florence Lo/Illustration JAKARTA, Aug 6 (Reuters) – Shares in Indonesia’s first listed tech unicorn, PT Bukalapak.com (BUKA.JK), surged nearly 25% on their......

Wall St gains as unemployment claims decline; Cigna slumps

Reuters
Signage is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 4, 2021. REUTERS/Andrew Kelly Layoffs at lowest in over 21 years Robinhood set to snap four-day winning streak Healthcare sole sectoral loser on the S&P 500 Indexes up: Dow......

Latest social media darling Robinhood slides 13%

Reuters
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly/File Photo Aug 5 (Reuters) – Shares of latest social media-darling Robinhood Markets Inc (HOOD.O) fell 13% on Thursday after surging for......

‘Meme du jour’ Robinhood stock soars over 20%, passes IPO price

Reuters
Aug 3 (Reuters) – Robinhood Markets Inc’s(HOOD.O) shares surged over 20% on Tuesday, adding more than $7 billion to the value of the online brokerage and elevating its stock above the price set in last week’s poorly received IPO. The shares were at $46.80 in late afternoon trading, marking a......

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