Stake Financial News
26.02 / 20:45
24.02 / 22:33
business
SEC
coinbase
MasterCard
Kraken
Usd Coin
stake
Crypto Biz: Coinbase has a lot at stake
Crypto assets made their way onto the United States Securities and Exchange Commission’s list of priorities for 2023. So far, though, we haven’t tasted the “regulatory certainty” many have been calling for. Instead, the regulator threw the book at Kraken for allegedly failing to register its staking program. Coinbase appears next on the chopping block, but its lawyers are ready to fight.
22.02 / 16:23
fundsmith
stake
Jupiter slashes stake in Terry Smith’s flagship Fundsmith by 75% in value shift
One of Terry Smith’s biggest backers has significantly slashed its holding in his flagship fund by £740m in the past two years, compounding a difficult period of outflows and poor performance for the star manager.
22.02 / 01:13
regulation
SEC
Liquidity
Tokens
Proof-of-stake
stake
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
The Proof of Stake Alliance (POSA), a nonprofit industry alliance, has published two white papers examining on the status of deposit tokens in United States securities and tax law on Feb. 21. The papers were authored by representatives of over 10 industry groups.
18.02 / 13:41
markets
Bitcoin
Bitcoin Price
Weekly
stake
Bitcoin faces do-or-die weekly, monthly close with macro bull trend at stake
Bitcoin (BTC) is leaving traders guessing as the future of the bull market depends on the last week of February.
15.02 / 05:51
business
Blockchain
Ethereum
Stablecoin
regulation
SEC
us government
Ethereum staking
stake
Sell or stake: Ethereum staking giant Lido mulls choices for its $30M ETH
The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury.
13.02 / 20:43
pension
stake
NatWest takes 85% stake in pension and savings fintech Cushon
NatWest Group is taking a major stake in workplace savings and pension fintech Cushon.
13.02 / 19:53
CEO
stake
DOJ Seizes SBF's $465 Million Robinhood Stake
The U.S. Department of Justice (DOJ) on Monday seized $465 million in shares of the stock-trading app Robinhood that are partially owned by disgraced former FTX CEO Sam Bankman-Fried, or SBF, who wanted access to the stock to help pay his legal fees.
13.02 / 18:53
13.02 / 18:25
UPS
Platform
ICE
Bitcoin
Shell
Bitcoin Miner
stake
Bankruptcy Reveals $1 Billion FTX-Tied Stake in Bitcoin Miner
Failed crypto tycoon Sam Bankman-Fried invested $1 billion into Genesis Digital Assets, a bitcoin miner in Kazakhstan, just months before the collapse of his FTX platform heralded a crypto winter that's looking more like an ice age. Bankman-Fried made the investment, the crypto exchange's biggest, through Alameda Research, the FTX-linked hedge fund that's at the center of his firm's bankruptcy, the Wall Street Journal reported.
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 / 04:29
business
Adoption
Robinhood
wallet
Report
fees
transactions
Fried
Sam
stake
Robinhood board gives nod to buy Sam Bankman-Fried's $578M stake
Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.
08.02 / 12:27
Digital
Matthews
stake
Jupiter to shun unlisted stocks after offloading Starling Bank stake
Jupiter Fund Management plans to halt its open-ended funds from making any new investments in unlisted companies — a move that coincides with the FTSE 250-listed asset manager offloading its entire stake in Starling Bank.
07.02 / 12:31
stake
Apollo among finance firms mulling stake in Credit Suisse’s revamped investment bank
Apollo Global Management is among a group of financial firms in talks to take a stake in Credit Suisse’s revamped investment bank, people familiar with the matter said.
04.02 / 14:15
Blockchain
Technology
proof-of-work
Proof-of-stake
Ecosystem
stake
Proof-of-Stake-and-Activity (PoSA): A consensus mechanism for the new era in Web3
Blockchain technology has disrupted various industries by providing a secure decentralized platform for transactions and data storage. The consensus mechanism is one of the most critical components of any blockchain out there, as it ensures its reliability and security. In recent years, new consensus mechanisms have been introduced, and existing ones have been improved to cater to the growing demands of the industry.
31.01 / 22:27
Dogecoin
markets
Blockchain
litecoin
proof-of-work
POW
Bitmain
stake
Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?
There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS).
24.01 / 10:57
stake
Activist fund Elliott Management clinches stake in Salesforce
Activist investor Elliott Management has made a multibillion-dollar investment in Salesforce, according to people familiar with the matter, adding to the pressures facing the business-software provider.
19.01 / 02:09
business
UPS
CEO
FTX
stake
Media startup says it will buy back $10 million SBF stake: Report
Media start-up Semafor said on Jan. 18 that it will attempt to buy back former FTX CEO Sam Bankman-Fried’s $10 million share of the company, according to a January 18 report from the New York Times. The report stated that Semafor will seek to raise money from other sources to make up for what it is giving back.
14.01 / 08:49
business
FTX
Asset management
Bankruptcy
Buyback
SkyBridge
stake
Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF
SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. While Galaxy Digital CEO Mike Novogratz has indicated that he would be tempted to “punch” SBF right in the jaw.
11.01 / 19:15
stake
Top Credit Suisse investor Harris Associates cuts stake following capital raise
US investor Harris Associates has reduced its stake in Credit Suisse to around half of its holding six months ago.
05.01 / 14:07
Citi
share price
stake
Edward Bonham Carter’s Jupiter stake drops £50m amid share price tumble
City veteran Edward Bonham Carter is among Jupiter Fund Management's longest-standing shareholders.
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