Citadel Securities Could Become a Crypto Player

Citadel Securities Could Become a Crypto Player

Text size Dreamstime Citadel Securities has received an endorsement from some tech-savvy investors, and it looks as if its market-making business is getting ready to expand. Ken Griffin’s trading behemoth, Citadel Securities, announced on Tuesday that it had received a $1.15 billion investment from venture-capital firms Sequoia Capital and Paradigm, valuing it around $22 billion. … Read more

crypto: India likely to emerge big player in crypto market: CoinStore

crypto: India likely to emerge big player in crypto market: CoinStore

New Delhi: Crypto investing has gained momentum across the globe this year and India was no exception. Recent data suggests the world’s second most populated nation is likely to be a very big player in the global crypto market. Having started active operations in June 2021, the daily traded volume of Coinstore has been on … Read more

Tennis Australia annual report shows $100 million loss due to COVID-19 restrictions, player quarantine for Australian Open

People wearing masks check their mobile phones after passing through gates at the Australian Open.

Tennis Australia sustained a net loss of more than $100 million in the 15 months around this year’s delayed — and COVID-19-affected — Australian Open, the body’s 2020-21 annual report showed.Key points:Tennis Australia emptied its cash reserves of $80 million and took a loan of $40 million due to the impact of COVID-19 on the … Read more