Latest News on private equity markets

The winner will face a 24% federal tax withholding, but whether there are state taxes due depends where the ticket holder lives.

Reuters | Angus Berwick and Tom Wilson | Nov 7, 2022 Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show. Almost all the funds, some $7.8 billion, flowed between Binance and Iran's largest

InsurTech Insights | Nov 5, 2022 Bermuda has long been an innovator in insurance and, under the leadership of its crypto believer Premier David Burt, it is now looking to be an innovator in digital assets. Staked tokens as collateral: It’s based on an idea from Joe Ziolkowski, the CEO of crypto-focused insurer Relm. He

Crypto News Flash | Ibukun Ogundare | Nov 7, 2022 In a recent tweet, Binance CEO Changpeng “CZ” Zhao disclosed that he would sell off the FTT tokens in his possession. He explained that Binance received about $2.1 billion in the form of BUSD and FTT tokens last year. The amount was received while the

Decrypt | Kate Irwin | Nov 7, 2022 The Securities and Exchange Commission has won its case against LBRY, Inc., the company behind the LBRY protocol announced Monday along with a published copy of the ruling. “Because no reasonable trier of fact could reject the SEC’s contention that LBRY offered LBC as a security, and

Crypto News Flash | Ibukun Ogundare | Nov 7, 2022 In a recent tweet, Binance CEO Changpeng “CZ” Zhao disclosed that he would sell off the FTT tokens in his possession. He explained that Binance received about $2.1 billion in the form of BUSD and FTT tokens last year. The amount was received while the

New pay laws are making it easier for people to negotiate for higher salaries, whether in a new job or as a promotion. Here's what you need to know.

Here's a look at three financial-planning opportunities high-net-worth investors should not overlook amid the market drop as the year ends.

Decrypt | Stephen Graves | Nov 5, 2022 Robby Yung took aim at Meta's focus on virtual reality for the metaverse, calling VR "a big distraction" and "a mistake." Robby Yung, CEO Metaverse investment firm, Animoca Brands at a panel discussion at Web Summit in Lisbon, Portugal:   There is no metaverse without Web3, because

Fogler Rubinoff | Oct 28, 2022 On October 25, 2022, the Ontario Securities Commission announced an 18-month pilot that provides a prospectus exemption that gives Ontario investors with qualifying education or work experience access to increased investment opportunities. The exemption also gives businesses headquartered in Ontario access to a new source of capital. Instrument:  The

A big slice of winnings would go to the IRS, as well as state coffers, depending on where the ticket was purchased and where you live.

Kitco | Ernest Hoffman | Nov 4, 2022 The Canadian government announced on Thursday that it has now begun consultations with stakeholders on digital assets – including cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). The announcement was part of the Federal government’s fall economic update, which functions as a mid-year mini-budget for the Canadian

Bloomberg BNN | Vildana Hajric and Michael P. Regan | Nov 5, 2022 So if more big players are entering the space, why do the prices of Bitcoin, Ether and other tokens remain so depressed compared with last year’s peaks?  Leah Wald, chief executive officer of digital-asset investment firm Valkyrie Investments Inc., joined the “What

Hardly anyone opts for lottery annuity payments, but with $1.9 billion at stake, there are significant advantages to spreading out this Powerball windfall.

Guest Post | Ryan Jason | Nov 7, 2022 Financial crime has become a grave concern for global law enforcement authorities in the past few years. With all the emerging technologies and rapid digitization, all financial operations are becoming digital, ultimately making space for cybercriminals. Banks are thought to be an essential pillar of any