tesla’s-bitcoin-dump-leaves-accountants-puzzled:-report

Tesla’s Bitcoin dump leaves accountants puzzled: report

  • Investopedia

    Top 5 Bitcoin Investors

    Bitcoin is the largest blockchain-based digital asset, with a market capitalization of $432 billion as of July 24, 2022. It is wildly popular among cryptocurrency enthusiasts and speculative investors. Several wealthy business owners and entrepreneurs have invested heavily in this digital asset.

  • TheStreet.com

    Crypto: Billionaire Mark Cuban Warns of a Powerful Player

    The regulator has announced that nine cryptocurrencies listed on the Coinbase exchange, the most popular platform in the United States, are unregistered securities. A security is, according to the SEC, “an investment of money, in a common enterprise, with a reasonable expectation of profit derived from the efforts of others.” The announcement came as the SEC and the Department of Justice filed charges against former Coinbase product manager Ishan Wahi and two others, accusing them of running an insider-trading scheme that earned them more than $1.1 million.

  • Forkast News

    SEC says 9 out of 25 assets in crypto insider trading case are securities

    The U.S. Securities and Exchange Commission (SEC) alleged in a civil suit filed last week that nine of the 25 crypto assets traded in the first-ever cryptocurrency insider trading case were securities and that leaking confidential information, therefore, amounted to securities fraud. See related article: Former Coinbase manager arrested on insider trading charges Fast facts […]

  • Forkast News

    Crypto market pain will continue but still bullish on Bitcoin lending: Silvergate

    The bear market in digital assets hasn’t ended with more exchanges and crypto funds likely to suffer for several quarters, Alan Lane, the Chief Executive of crypto-focused bank Silvergate said. See related article: Wall Street seems to sense opportunity in distressed crypto markets Fast facts Investors should not compare the current crypto price decline to […]

  • Reuters

    Thailand probing potential losses for users of crypto platform Zipmex

    Thailand’s Securities and Exchange Commission said on Monday it was working with law enforcement to look into potential losses among the public after the crypto exchange Zipmex temporarily suspended withdrawals last week. The SEC said in a statement it was asking impacted users of Zipmex to submit information via an online forum on how they had been affected by the problems at the platform. The Southeast Asia-focused crypto exchange, which operates in Thailand, Indonesia, Singapore and Australia, suspended withdrawals last Wednesday.

  • Reuters

    Russian rouble weakens as market takes stock of rate cut

    MOSCOW (Reuters) -The Russian rouble weakened in jittery Moscow trade on Monday, adjusting to the central bank’s decision to slash interest rates on Friday, and as a rouble-supportive tax-payment period reaches its peak. The rouble lost ground on Friday after Russia’s central bank cut its key interest rate by a bigger-than-expected 1.5 percentage points to 8.0% and said it would study the need for more cuts as inflation slows and an economic contraction continues for longer than previously expected. The rouble has become the world’s strongest-performing currency so far this year, boosted by measures – including restrictions on Russian households withdrawing foreign currency savings – taken to shield Russia’s financial system from Western sanctions imposed after Moscow sent troops into Ukraine on Feb. 24.

  • Bloomberg

    Porsche IPO, Tesla Chase, Software Fix: What Awaits VW’s New CEO

    (Bloomberg) — As much of Volkswagen AG takes a summer break the next few weeks, Oliver Blume, the carmaker’s designated chief executive officer, will be staring down an extensive to-do list.Most Read from BloombergSergey Brin Ordered Sale of Musk Investments After Affair: WSJVW Billionaire Clan Plotted CEO Ouster as He Was on US TripFed to Inflict More Pain on Economy as It Readies Big Rate HikeChina’s Property Crisis Burns Middle Class Stuck With Huge LoansSummers Says Fed Needs to Take Strong

  • Bloomberg

    Philippines Tycoon, Duterte’s Ally’s Stocks Tumble on Default Notice From Banks

    (Bloomberg) — Stock shares controlled by Philippine businessman Dennis Uy slumped after one of his company’s units received a default notice from a consortium of banks, threatening further losses to an already struggling market.Most Read from BloombergSergey Brin Ordered Sale of Musk Investments After Affair: WSJVW Billionaire Clan Plotted CEO Ouster as He Was on US TripFed to Inflict More Pain on Economy as It Readies Big Rate HikeChina’s Property Crisis Burns Middle Class Stuck With Huge Loan

  • Bloomberg

    The Pound’s Woes Run Deep, Whether It’s Truss or Sunak in No. 10

    (Bloomberg) — Most Read from BloombergSergey Brin Ordered Sale of Musk Investments After Affair: WSJVW Billionaire Clan Plotted CEO Ouster as He Was on US TripFed to Inflict More Pain on Economy as It Readies Big Rate HikeChina’s Property Crisis Burns Middle Class Stuck With Huge LoansSummers Says Fed Needs to Take Strong Action to Curb InflationWhoever becomes 10 Downing Street’s newest resident will inherit a maelstrom of economic problems. UK inflation running at the fastest pace since the e

  • Reuters

    Thai Life shares weak in Southeast Asia’s biggest IPO debut of 2022

    BANGKOK (Reuters) -Thai Life Insurance Plc (TLI) shares made a weak debut on the Bangkok stock exchange on Monday in what is Southeast Asia’s largest initial public offering (IPO) so far this year. TLI shares were priced at 16 baht, raising at least 34.4 billion baht ($937 million) from the sale of 2.3 billion shares, with about half from investors who bought before the deal went public, according to regulatory filings. “Today’s listing will help Thai Life grow with strength and we will use the funds to improve business efficiency and service for customers,” chief executive officer Chai Chaiyawan said before the opening bell.

  • Bloomberg

    Voyager Responds to FTX’s Offer, Calling It a ‘Low-Ball’ Bid

    (Bloomberg) — Crypto platform Voyager Digital LLC said a joint offer proposed by FTX and Alameda is a “low-ball bid” that disrupts the bankruptcy process, according to a court filing. Most Read from BloombergSergey Brin Ordered Sale of Musk Investments After Affair: WSJVW Billionaire Clan Plotted CEO Ouster as He Was on US TripFed to Inflict More Pain on Economy as It Readies Big Rate HikeChina’s Property Crisis Burns Middle Class Stuck With Huge LoansSummers Says Fed Needs to Take Strong Actio

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