Fri, March 29

Search Results for: Federal

WisdomTree Announces Second Quarter 2023 Results – Record Quarter-End AUM of $93.7 Billion; Diluted Earnings Per Share of $0.32 ($0.09, as Adjusted)

Eleven consecutive quarters of net inflows Annualized inflow rate of 21% across all products Termination of contractual gold payments and operating leverage expands margin NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today reported financial results for the second quarter of 2023. $54.3 million net income ($14.9(1) million

July 28, 2023 13 mins read

U.S SEC Mandates Stringent Cybersecurity Reporting for Crypto Firms

Listed corporations, including crypto enterprises, are required by the U.S SEC to report annually on their “cybersecurity risk management, strategy, and governance.” In an effort to strengthen the relationship between investors and public corporations. The new regulation mandates that businesses report any “material” cybersecurity issues within four business days.  Organizations

July 28, 2023 2 mins read

MarketVector Indexes™ and Figment Partner on the Industry’s First Staking Rewards Indexes

The indexing and digital asset leaders can create customizable indexes for institutions, and advisors to track rewards FRANKFURT, Germany–(BUSINESS WIRE)–MarketVector Indexes™ (“MarketVector”), a global index provider and long-time leader in digital assets indexing, announces a partnership with Figment, a leading provider of staking infrastructure, to introduce the industry’s first staking

July 27, 2023 3 mins read

Bitcoin Price Consolidates Amid Fed’s Interest Rate Decision Today

Bitcoin (BTC) was under selling pressure early in the week, sending the price down below the $30,000 support level to roughly $29,000. Some on-chain signs suggest potential development despite its relatively dismal prognosis. The fact that more and more Bitcoins are being removed from crypto exchanges and placed in private

July 26, 2023 2 mins read

Crypto Market Remains Resilient Ahead of FOMC Outcome

On July 26, Wednesday, the Federal Reserve of the United States is expected to reveal its interest rate decision. At 18:00 UTC (14:00 ET), the Federal Reserve is likely to announce a rate hike to a range of 5.25%-5.5%, followed by a news conference by Chairman Jerome Powell. According to

July 25, 2023 2 mins read

Octo is Awarded IT Infrastructure and Operations Call Order to Support National Cancer Institute

Octo will provide innovative IT solutions using Agile, Information Technology Infrastructure Library (ITILv4), and other IT methodologies/best practices to support NCI’s Mission of accelerating the understanding, diagnosis, prevention, and treatment of cancer RESTON, Va.–(BUSINESS WIRE)–Octo, an IBM company, announced today it has been awarded an IT Infrastructure and Operations Call

July 25, 2023 2 mins read

CFTC Vs Binance: CZ Hits Back

On Monday, the United States District Court in Chicago shared a plaintiff from Commodity Futures Trading Commission (CFTC) with its defendants who are Binance and its CEO and Founder. Changpeng Zhao, the CEO tries to submit a dismissal motion for the complaint that has been filed against them.  Reports portray

July 25, 2023 1 min read

Russian President Vladimir Putin Approves Digital Ruble Bill 

The legislation governing the digital ruble has been approved and will go into effect on August 1, 2023, with the exception of one restriction. Article 3 is scheduled to go into effect in Russia in August 2024. Moreover, it amends various federal laws, notably those pertaining to bankruptcy and inheritance.

July 24, 2023 1 min read

Crypto Asset Funds Experience Outflows Ahead of Fed Meeting

According to a report by CoinShares, crypto asset investment products saw outflows for the first time in five weeks, after four weeks of inflows from institutions totaling $742 million. The entire outflow from crypto asset investment products was $6.5 million. As investors sell off their Bitcoin holdings, they wonder whether

July 24, 2023 2 mins read