Final Fantasy creator Square Enix is set to double down on blockchain game development despite turbulence in the crypto market, according to a Jan. 1 letter from the Japanese company’s president, Yosuke Matsuda. The letter, titled “A New Year’s Letter from the President,” aimed to recap the company’s major accomplishments in 2022 and explain its … Read more
1. Bigger contribution limits on retirement accounts If you’re eager to boost your retirement savings, there’s good news for 2023: higher contribution limits for your 401(k) and individual retirement account. In 2023, the employee deferral limit is $22,500, up from $20,500, and catch-up deposits for savers age 50 and older jump to $7,500, up from … Read more
France’s financial regulator is seeking to fine H2O Asset Management a record €75mn and ban its chief executive from the investment industry for a decade over the asset manager’s extensive investments in illiquid bonds tied to German financier Lars Windhorst. The Autorité des Marchés Financiers set out its recommendations against the once high-flying asset manager … Read more
Boonchai Wedmakawand | Moment | Getty Images The collapse of FTX, one of the world’s largest crypto exchanges, has rippled through the world of digital currencies. Once valued at $32 billion, FTX filed for bankruptcy protection and founder Sam Bankman-Fried resigned as its CEO after reports alleged that the company had loaned billions of dollars … Read more
Please use Chrome browser for a more accessible video player Saudi Arabia’s sports minister, Prince Abdulaziz bin Turki Al-Faisal says he would love to see Cristiano Ronaldo playing in his country’s league and backs potential Saudi investment in Manchester United and Liverpool. Source link
First Trust Limited Duration Investment Grade Corporate ETF declares monthly distribution of $0.0550 Source link
In an official blog post, Bitpanda announced that it has secured a crypto custody licence from the German financial authority, BaFin. Having obtained this licence, the Austrian-based crypto exchange can now legally market its services to residents of Germany. Bitpanda also claimed to be the first retail crypto exchange based out of Europe to have … Read more
Manchester United could finally be sold by its American owners after a 17-year reign dominated by fan protests and declining on-pitch performance. Sky News can exclusively reveal the Glazer family is preparing to formally announce its intention to examine potential sources of outside investment that could include a full-blown auction of arguably the world’s most … Read more
The cryptocurrency exchange Binance is making a move in the hardware wallet industry, with its venture capital arm investing in the cold wallet platform Ngrave. Binance Labs has made a strategic investment in the Belgian hardware wallet firm Ngrave and will lead its upcoming Series A round, the firm officially announced on Nov. 21. Founded … Read more
It’s relatively rare for an institutional investor to make a public statement about a loss on a venture-capital investment, but nothing about FTX International’s $32 billion blow-up and bankruptcy is normal. Citing recent reports about potential fraud at FTX, Ontario Teachers’ Pension Plan said the development “is deeply concerning for all parties” and that it … Read more