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Tonal Founder Steps Down as CEO
The at-home fitness company completed its latest funding round at a fraction of its prior valuation. 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
Saxo Bank Securities partners with TRUSTDOCK to simplify account opening
Effective April 7, 2023, Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, introduced “TRUSTDOCK,” an online identity verification service
A New Roster of Top Stock-Fund Managers
Winners’ Circle: In a rough market, different names emerge among winning stock-pickers. But only 27 of 1,257 funds had 12-month gains. Source link
Private Equity’s Food Binge Goes Sour
Private-equity funds went on a buying binge for food companies before markets crashed in 2022. Now they have indigestion that is contributing to rising prices
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
Investors Turn to Options to Minimize Risk
The traditional use of options is to transfer or reduce risk, rather than to take risks to amplify returns. That’s worth remembering now. Source link
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