Tag Archives: sec

Virgin Galactic Holdings (NYSE: SPCE) stock manages to continue its rise while the majority of the stocks on the market are falling. Now in teh pre-market, it has gained around 8%.Virgin Galactic Holdings (NYSE: SPCE) stock has managed to rise slightly during the recent stock dip on the market. This dip occurred during a brief reign by the bears. The reason behind this was the issues surrounding the coronavirus. During the market stumble, SPCE stock had a reversal. The stock experienced an...

In the very recent past, Alphabet (GOOGL) stock has plunged a bit. However, the general trajectory and report of the company look quite positive.With a market cap over $1 trillion, Alphabet Inc. (NASDAQ: GOOGL) stock is a top tech stock and one of the world’s most valuable companies. All of the different facets of large tech companies like these make them very attractive to investors and also keeps them soaring higher. Regardless, even some of the biggest falter, as market factors do not...

The U.S. government has concluded a deep investigation into what Wells Fargo has been doing in the last 15 years. The bank is paying billions to the state now because their cheatings were hurting the clients.Wells Fargo, SEC, and the DOJ are driving in another financial drama. Wells Fargo went ahead to forging the client’s signatures on a contract, putting the client’s money to unauthorized accounts, and lying to the investors. They also performed personal data theft, making the clients...

As the merger between T-Mobile and Sprint is finalized, both companies have made a few amendments and hope to finalize all details by April. Deutsche Telekom will get a good stake.According to a recent announcement, both Sprint and T-Mobile have agreed to change the details for their new merger should be finalized shortly. The new amendment will allow Germany’s Deutsche Telekom to hold much more control in the newly-formed company.Sprint and T-Mobile Agree to ChangesAccording to the new...

With the Harbor acquisition, BitGo becomes the first firm in the crypto space wherein a single company holds broker-dealer, transfer agent, and qualified custodian licenses.BitGo, the popular crypto custodian services provider plans to expand its footprint in the crypto market by undertaking new services. As part of its expansion plan, BitGo has acquired a security token platform dubbed Harbor.This announcement came on Tuesday, February 18, however, the terms of the deal were not disclosed....

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.Tesla is easily the most interesting company in the world right now, because of its extremely parabolic stock. Currently trading at $788.99, TSLA stock has already pulled in more than 92% gains this year alone. However, even as it enjoys its new status, Tesla has admitted that the current coronavirus outbreak is strong enough to put a...

The Telegram founders are working on the TON blockchain despite the SEC keeps the hunt for presumably one of the dollar’s possible competitors.Telegram team has released a document that is useful if you plan to create a website running on the TON blockchain. The document suggests that TON users may want to create some websites to refer friends and clients to their projects. Unlike the usual sites, these are not working over HTTPS or HTTP protocol. The system is using ADNL to differ the...

The SEC commissioner Hester Pierce wants the blockchain space and the regulators to work on an eased juridical framework for ICOs in the next three years.During the recent industry conference in Chicago, the SEC Commissioner Hester Peirce proposed a new regulatory framework for ICO companies and unqualified investors.Current securities laws don’t allow numerous ICO startups and similar firms to collect money from U.S. citizens. According to the law, almost any cryptocurrency, coin or token is...

DeFi not only attracts major talent and interest but also large sums of money in the form of digital assets. The number of companies in this sphere is constantly growing but let’s look at the most prominent of them.There’s no time like the present to talk about DeFi.Short for “decentralized finance,” this buzzword simply refers to making conventional financial services (like loans or credit) available via cryptocurrency and blockchain technology. It’s a niche within the cryptocurrency niche,...