Cryptocurrency Analysis and News Portal
Creditors of the bankrupt Canadian crypto exchange QuadrigaCX are set to receive 13% of their total claims as part of an “interim dividend.” According to a May 12 notice to creditors from QuadrigaCX’s bankruptcy trustee Ernst & Young (EY), each “creditor with a proven claim will receive 13.094156% of their
Read More
Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. PacWest Bancorp (NASDAQ: PACW), an American regional bank with headquarters in Beverly Hills, California has reduced its shareholder’s dividends amid
Read More
“Instead of paying out my vested tokens in December 2021, I converted my vested portion of tokens to USD at the OTC price and Secret Foundation distributed these funds as a dividend,” Bair wrote. OTC stands for over-the-counter, referring to the off-exchange market price. “The amount of tokens vested was
Read More
Silvergate, a California-based crypto bank whose shares are listed on the New York Stock Exchange, is suspending dividend payout to remain highly liquid as the digital currency market tries to pull itself out of the liquidity crisis of 2022. In a press release on January 27, Silvergate, a state-chartered bank that went
Read More
Suffering contagion from the collapse of several crypto firms last year, which came to a head with the demise of crypto exchange FTX in November, Silverbank's stock lost around 90% of its value in 2022. This has continued in the early part of 2023, with the shares down a further
Read More
The miner also expects a 1.5 exahash pre second (EH/s) of average hashrate for 2022, which is about 5.5x more than its 2021 mining power. Source
Read More
On Jan. 5, Nasdaq Composite logged its biggest daily loss since February last year. But for one of its listed companies, the day turned out to be extremely bullish.Blockchain stock soarsThe share value of BTCS Inc. (BTCS), a blockchain technology company, surged nearly 44% to $4.36 at the New York
Read More
British oil company BP rakes in profit in recent quarterly earnings as oil market recovers from pressure exerted by the pandemic.Oil Giant BP Increases Dividend in Q2 Report Earnings, Plans $1.4 Billion BuybackBP (LON: BP) announced its Q2 earnings to shareholders, with figures higher than expected. The oil and gas
Read More
Barclays linked the rise in its full-year income to a solid performance in its corporate and investment sectors which overshadowed a low performance from its retail business.Barclays Bank (LON: BARC) has announced its annual profit took a hit and plans to resume dividend payouts after pressing pause on it due
Read More
The leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. Source
Read More