Binance Confirms Misstep in Handling Customer Assets: Report
Binance mistakenly kept collateral for Binance-issued tokens alongside customer funds in the same wallet.
Category: Corporate Finance
Corporate finance refers to the financial management of a large corporation, including the raising of capital through the sale of securities and the management of financial risks.
BlackRock Predicts End of ‘Great Moderation’ and Greater Market Volatility Ahead
Get ready for a bumpy ride in the markets. According to BlackRock, the era of stability and moderation is over and greater volatility is on the horizon. @BlackRoc
Rise in Interest Rates Puts Strain on Homebuyers and Businesses Alike
Housing prices rise as interest rates on mortgages surge, making homeownership out of reach for many.
Mark Cuban Calls Out Investors Who Choose Gold Over Bitcoin: ‘You’re Dumb as F***’
Billionaire investor Mark Cuban has caused a stir with his recent comments on the value of gold versus Bitcoin.
SEC Could Ban Crypto Exchanges Following FTX Case
The Securities and Exchange Commission (SEC) could potentially ban crypto exchanges following its recent charges against Caroline Ellison and Gary Wang, former CEO and co-founder of FTX respectively. The agency referred to FTX's native token FTT as an "illiquid crypto asset security," implying that the SEC views all crypto assets…
Core Scientific Files for Bankruptcy: The Impact on the Bitcoin Mining Industry
Bitcoin mining company Core Scientific has filed for Chapter 11 bankruptcy, citing decreased revenue due to the decrease in the value of bitcoin and slow reaction time of hashrate to market changes. The company hopes to restructure through negotiations with creditors, but it remains to be seen if it will…
Elon Musk’s Finance Lesson for Investors: Treasury Bills vs. Stocks
Tesla CEO Elon Musk took to Twitter over the weekend to share some financial wisdom with his followers. In a tweet labeled "Securities Analysis 101," Musk offered some advice for investors, stating that the "risk-free" real rate of return from Treasury Bills is currently higher than the expected return on…
Musk’s Outrageous Stock Market Declaration!
Weekly Round-up | Elon Musk has caused a stir with his recent tweet about securities analysis - and you won't believe what he had to say about the expected return on the S&P 500! Find out why investors are divided on Musk's advice in this must-read article.
