FIVE Financial News
14.02 / 14:49
Ethereum
ETH
FIVE
AXY
Oracle
Infinity
Sky Mavis
Crypto exploits, diverse hacks, and billions of dollars stolen in 2022: Report
As per a 13 February report by CoinGecko, in tandem with DeFiYield’s REKT database, exploiters used an array of methods to steal nearly half of the total cryptocurrency stolen in 2022. This included circumventing verification processes, manipulating the market, smart contracts, crowd looting, and bridge exploits.
14.02 / 11:13
13.02 / 19:54
Provident
FIVE
CEO
Platform
Strategy
Bakkt kills off consumer app
The firm is now putting all of its focus on providing businesses with crypto and loyalty experiences for their customers through SaaS and API offerings.In November, Bakkt struck a deal to buy Apex Crypto, a turnkey platform for integrated crypto trading which provides services to more than 30 signed fintech partners, serving more than five million customers.Gavin Michael, president and CEO, Bakkt, says: "As we continue to gain traction with our B2B2C strategy, we are laser focused on providing our partners and clients with seamless solutions that best serve their needs.
13.02 / 19:33
FIVE
CEO
Strategy
Bitcoin
Hut 8 Mining Company to Merge with US Bitcoin
Hut 8 Mining, a Canadian company that mines cryptocurrencies, has announced publicly their desire to merge with US Bitcoin to become Hut 8 Corp., often referred to as «New Hut.» Hut 8 Mining is also known as «New Hut.»
13.02 / 19:17
13.02 / 18:53
13.02 / 18:45
Blockchain
Provident
Target
FIVE
CEO
Nov
Lawyers
Lawyers and advisors in FTX bankruptcy have billed nearly $20 million for 51 days of work
FTX's top bankruptcy, legal and financial advisors have billed the company more than $19.6 million in fees for work done in 2022, according to Tuesday bankruptcy court filings. More than $10 million of that was for work done in November 2022 as Sam Bankman-Fried's crypto empire entered bankruptcy protection in Delaware.
13.02 / 18:37
Blockchain
Provident
FIVE
Digital
Mobile
consultation
UK kicks off consultation on digital pound
Bank of England governor Andrew Bailey says: “As the world around us and the way we pay for things becomes more digitalised, the case for a digital pound in the future continues to grow. A digital pound would provide a new way to pay, help businesses, maintain trust in money and better protect financial stability.“However, there are a number of implications which our technical work will need to carefully consider.
13.02 / 18:22
FIVE
Digital
CEO
Action
the bahamas
The Bahamas Takes Full Control of FTX Digital Assets
The Securities Commission of the Bahamas has taken control of cryptocurrency assets held by bankrupt exchange FTX.
09.02 / 16:57
COST
UPS
FIVE
Fried
stake
Robinhood aims to buy back Bankman-Fried's 7% stake
As the firm reported fourth quarter results, Jason Warnick, CFO, Robinhood, told CNBC: “The board has authorised us to go and repurchase those and so we’re in discussions with the DOJ on that. Hard to tell exactly what the timeline is going to be."Bankman-Fried is currently facing eight criminal charges related to the collapse of FTX, the cryptocurrency exchange he founded.
09.02 / 16:55
COST
FIVE
Costs
Financial
Turkey’s Financial Markets Shudder as Earthquake Economic Costs Mount
Twin earthquakes in Turkey this week have rocked local financial markets and raised concerns about the nation’s fragile economy, which is already struggling with high inflation and a reliance on foreign capital.
09.02 / 13:49
09.02 / 06:01
Blockchain
UPS
Provident
FIVE
Pool
Testnet
5ireChain, World's First Sustainability-Driven Layer-1 Protocol, gears up for their Testnet Thunder Beta release
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
09.02 / 02:41
07.02 / 16:19
UPS
Provident
Twitter
FIVE
Platform
Strategy
This Crypto Just Launched on a New Exchange and Pumped Up 125% Almost Instantly – What’s Going On?
After a successful initial exchange offering (IEO) on BKEX crypto exchange, the native Calvaria token, RIA, is now up more than 125% from its IEO that ended just a few hours ago.
07.02 / 14:23
07.02 / 12:55
Provident
FIVE
Digital
Mobile
consultation
UK kicks off consultation on digital pound
Bank of England governor Andrew Bailey says: “As the world around us and the way we pay for things becomes more digitalised, the case for a digital pound in the future continues to grow. A digital pound would provide a new way to pay, help businesses, maintain trust in money and better protect financial stability.“However, there are a number of implications which our technical work will need to carefully consider.
06.02 / 18:37
UPS
Twitter
FIVE
Mobile
Calvaria Battle-Card Game IEO Drops Tomorrow – How to Buy Early?
Calvaria, the hugely popular play-to-earn (P2E) battle-card game, is scheduled to have its initial exchange offering on February 7 at 6 am UTC on the BKEX crypto exchange.
03.02 / 18:33
UPS
FIVE
IMF Tempers Its Medium-Term Economic Growth Forecast for China
The International Monetary Fund has slashed its medium-term growth forecast for China even though it bumped up its 2023 projection for the world’s No. 2 economy, underscoring the persistent economic challenges Beijing faces despite its recent change toward a more pro-growth tone.
03.02 / 01:19
02.02 / 15:59
UPS
FIVE
Short on Cash, More Americans Tap 401(k) Savings for Emergencies
Squeezed by higher prices and short on cash, more Americans are tapping their 401(k)s for financial emergencies.
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