Block stock falls 15% amid short seller accusations of ‘inflated metrics’ and avoiding regulation

Block’s (SQ) stock closed 15% lower on Thursday after short seller Hindenburg Research levied accusations of fraud against the digital payment company formerly known as Square. The report accused Block of a... Read more »

Asia Express – Cointelegraph Magazine

Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese crypto billionaire sued by SEC The United States Securities and Exchange Commission on March 22 announced charges against... Read more »

Bitcoin corrects on Fed rate hike, but bulls are prepared for Friday’s $1.2B options expiry

Bitcoin’s (BTC) 17.5% rally between March 16 and 22 surprised options traders betting on price levels below $26,000. The movement resulted from investors seeking protection against persistent inflation and the ongoing banking... Read more »

Stock Market Rally Whipsaw Off Highs As Moody’s Issues This Bank Warning

Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. X The stock market rally rebounded strongly Thursday morning, but the major indexes slashed intraday gains, while... Read more »

US enforcement agencies are turning up the heat on crypto-related crime – Cointelegraph Magazine

On the evening of Jan. 7, Anatoly Legkodymov, founder of the cryptocurrency exchange Bitzlato, was arrested in Miami. The following day, the United States Department of Justice (DOJ) unsealed a complaint in... Read more »