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May 15, 2023
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
February 27, 2021
Over the past decade, though, and particularly in recent months, digital assets have boomed. Big names like MassMutual, MicroStrategy, and Tesla have bought Bitcoin; PayPal and Squares CashApp have made it easy to buy crypto with the tap of a finger; and major financial players like BNY Mellon and Visa and Mastercard have said theyre planning to offer custody and transaction services for certain digital assets. Some SPACs have even considered getting in on the action, according to people inte...
December 31, 2020
US stocks flat as rollercoaster 2020 comes to a close egraffeo@businessinsider.com (Emily Graffeo) © Anadolu Agency/Getty Images Waterford crystals were installed to the Times Square ball for New Years Eve Celebration in New York City, on December 27, 2020 Anadolu Agency/Getty Images US stocks opened mostly flat on Thursday morning to finish off a rollercoaster year for markets. Initial jobless claims declined by 19,000 to 787,000, beating the consensus estimate of 828,800....
December 31, 2020
XRP delisted on more platforms following SECs Ripple complaint egraffeo@businessinsider.com (Emily Graffeo) © Thomas Trutschel/Getty Images A ripple coin stands on a table Thomas Trutschel/Getty Images The cryptocurrency exchanges Crypto.com, Coinbase, and OKCoin said this week that they were suspending trading of the XRP token following a Securities and Exchange Commission complaint against its developer, Ripple Labs. XRP dropped 31% on Tuesday but had climbed back roughly 2...
December 23, 2020
Crypto Industry Insiders Comment on SEC Complaint Against Ripple Alleging Sale of Unregistered Securities in XRP Distributions The Securities and Exchange Commission’s (SEC) lawsuit against Ripple is the largest enforcement action attacking the sale of a cryptocurrency to date. The SEC alleges the sale of an unregistered security in the issuance of XRP, Ripple’s native token. Ripple has been quick to defend itself posting a Wells Notice response and publicly commenting elsewhere. Brad Gar...