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eToro IPO raises $620M after pricing shares above range at $52


Crypto and stock trading platform eToro has boosted the size of its initial public offering to $620 million by pricing its shares above its previously suggested range.The platform and its backers sold over 11.92 million shares for $52 each, which are slated to start trading on the Nasdaq Global...

CZ Shares Security Warning After Ledger Discord Hack Exposes User Data


Changpeng Zhao (CZ), founder and former CEO of Binance, shared a security warning after receiving a message regarding a hack of Ledger’s Discord admin account, where a scammer falsely claimed a security flaw and urged users to enter their recovery phrases on a phishing site. Zhao highlighted...

Coinbase Shares Slide After Missing Analyst Estimates


The exchange also announced the largest acquisition in crypto history, but even that failed to buoy Coinbase’s stock price. Coinbase Stock Tumbles Following Earnings Disappointment Coinbase (Nasdaq: COIN) saw its shares drop Thursday afternoon when it announced lower-than-expected revenue for...

21Shares launches ETP for Crypto.com's Cronos token


21Shares has launched an exchange traded product (ETP) in Europe, providing investors with exposure to Crypto.com’s Cronos token, the asset manager said. The ETP is listed on Euronext’s Paris and Amsterdam exchanges, 21Shares said in a May 6 announcement. Cronos (CRO) is...

Warren Buffett Resigns as CEO of Berkshire Hathaway, Shares Tumble


The legendary investor, at one time the richest man on the planet, once called bitcoin “rat poison.” Buffett Exits CEO Role at Berkshire Hathaway, Successor Named Efficient market theory posits that it’s impossible to consistently beat the market, but Warren Buffett, CEO of holding company...

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