Kraken discontinues crypto staking in US following a $30 million settlement with SEC The SEC’s Complaint According to SEC’s complaint, Kraken has offered and sold its crypto asset “staking services” since 2019, advertising annual investment returns of as much as 21%. SEC Chair Gary Gensler commented: Whether it’s through staking-as-a-service, lending, or other means, crypto…
Potbelly Corporation Announces Replacement of Short-Term Revolver with $25 Million Five-Year Term Loan New term loan provides Potbelly financial flexibility to support the Company through next phase of growth CHICAGO, Feb. 10, 2023 (GLOBE NEWSWIRE) — Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop, today announced it closed on a…
VYNE Therapeutics Announces Reverse Stock Split Common stock expected to begin trading on split-adjusted basis on February 13, 2023 BRIDGEWATER, N.J., Feb. 10, 2023 (GLOBE NEWSWIRE) — VYNE Therapeutics Inc. (Nasdaq: VYNE) (“VYNE” or the “Company”), a biopharmaceutical company developing proprietary, innovative, and differentiated therapies for the treatment of immuno-inflammatory conditions, today announced that its…
Ayala Pharmaceuticals Reports Financial Results for the Fiscal Year Ended October 31, 2022 Management Commentary Upon announcing the financial results for the fiscal year ended October 31, 2022, Ayala Pharmaceuticals expressed their satisfaction with the successful merger that took place during this time. The company’s management team is optimistic about the future and the opportunities…
My Take on the New BOJ Governor Appointment What the Recent News Means for the Yen Bulls The report earlier says that the Japan government is set to appoint Kazuo Ueda as the next BOJ governor, after current deputy governor, Masayoshi Amamiya, firmly rejected their approach to succeed Kuroda. The reaction to me reads more…
The Impact of the Dollar’s Decline on the Global Economy Introduction The pair is now down over 1% on the day with the drop below 130.00 continuing to vindicate the downside trend that has been ongoing. This downward trend in the value of the dollar has significant implications for both individuals and the world economy…
RBA’s ‘Narrow Path to Achieving a Soft Landing’ Getting Narrower RBA’s Statement on Monetary Policy RBA’s Statement on Monetary Policy points to rising concerns around domestic inflation pressures. The Reserve Bank has released its February Statement on Monetary Policy (SoMP). The highlight of these Statements is usually the Bank’s revised forecasts for growth, unemployment and…
Non Woven Fabric Market Worth USD 53.43 Billion by 2030 Witness a CAGR of 7% – Report by Market Research Future (MRFR) Gearing Up for Growth in the Non-Woven Fabric Market Are you ready to dive deep into the world of non-woven fabrics? Hold onto your hats because we are about to take you on…
