Celsius Was Operated As A Ponzi Scheme: Report
A new report has revealed that Celsius was using customer funds to increase the value of its CEL token. Celsius used its customers’ funds to pump the price of its ...
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Tag: Business
Adani’s $2.5B Share Sale Faced Critical Day After Rout
Gautam Adani faces a crucial day on Monday with his flagship company's $2.5 billion share sale's second day of bidding dwarfed by a $48 billion rout in the Indian billionaire's ...
Digital Asset Investment Products Record Largest Inflows Since July 2022 – Report
Based on Data from CoinShares, digital asset investment products saw $117 million in inflows in the past week. On January 30, European crypto investment company CoinShares published its “Digital Asset ...
China Central Bank To Roll Over Lending Tools To Trigger Growth
China’s central bank said on Sunday it will extend the use of three lending tools to enhance support for targeted sectors of the economy. The People's Bank of China will ...
Intel’s ‘Historic Collapse’ Evaporates $8 Billion From Market Value
Intel Corp (INTC.O) saw about $8 billion erased from its market value on Friday after the U.S. chipmaker stumped Wall Street with bleak earnings projections, fueling fears around a slowdown ...
EV Maker Lucid Value Spikes On Report Saudi PIF To Purchase Remaining Stake
Lucid Group's (LCID.O) shares rose 43% on Friday, reducing gains after doubling on market speculation that Saudi Arabia's Public Investment Fund (PIF) planned to acquire the electric vehicle maker. The ...
Argo Blockchain Accused Of Misleading Investors In Class Action Lawsuit
After a volatile and severe 2022 that saw Argo Blockchain sell off its flagship mining facility, the company’s woes seem to be getting worse after a recent class action suit. ...
Nissan And Renault Draw Near Overhaul Of Alliance
Nissan and Renault are drawing closer to a sweeping overhaul of their globe-spanning auto making alliance as senior executives convene on Thursday for talks to revive the two-decade-old partnership and ...
Wall Street Titans Warn Of Pain Ahead Despite Market’s Recent Recovery
Some of Wall Street’s heavyweights are pouring cold water on expectations that the U.S. economy will scrape through 2023 without a recession, even as hopes of resilient growth and easing ...
Polkadot Insists That DOT Has ‘Morphed’ From Security Status
The Web3 Foundation, which supports the Polkadot protocol, has once more presented its argument that its native DOT token is not a security. The Foundation reminded the world that, in ...