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Stocks Waver at Opening; Bitcoin Rallies
Markets U.S. Markets Bitcoin rose to over $30,000, a level it hasn’t breached since June Source link
At FTX, Multimillion-Dollar Expenses Were Approved by Emoji
FTX’s failures are rooted in “hubris, incompetence, and greed,” the new management team said in a report outlining scathing details about the lack of financial
A Little-Known Stablecoin Gets Big Help From World’s Largest Crypto Exchange
Markets Currencies Cryptocurrency TrueUSD’s market value surged after Binance removed spot bitcoin trading fees for the token Source link
Auditors Didn’t Flag Risks Building Up in Banks
When KPMG LLP gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged
Stock Funds Rise 5.6% So Far in 2023
Journal Reports: Investing Monthly What Is Personal Cyber Insurance—and Should You Buy It? By Cheryl Winokur Munk April 9, 2023 at 3:00 PM ET Before
Binance.US Struggles to Find Bank to Take Its Customers' Cash
As a stopgap, the exchange is using at least one middleman to store user funds on its behalf. Source link
In Wake of SVB Collapse, Venture Lending Faces Uncertainty
Among the questions for venture capital after the Silicon Valley Bank debacle: Will funding get a lot more difficult for startups? Source link
Austrian banks unaffected by banking turmoil
© Reuters. FILE PHOTO: The logo of Raiffeisen Bank International (RBI) is seen on their headquarters in Vienna, Austria, March 14, 2023. REUTERS/Leonhard Foeger ZURICH
Walmart Sues Credit-Card Partner Capital One
WSJ News Exclusive Business Retailer is seeking to end the two companies’ credit-card partnership early Source link
First Republic Suspends Dividend on Preferred Stock
The San Francisco bank’s shares have fallen by nearly 90% since the beginning of March. Source link