Hollywood veteran Chernin forms new studio by acquiring Red Arrow Studios

Cast member Christian Bale signs autographs at a special screening for the film “Ford v Ferrari” in Los Angeles, California, U.S., November 4, 2019. REUTERS/Mario Anzuoni/File Photo Sign up now for FREE unlimited access to Reuters.com List LOS ANGELES, July 6 (Reuters) – Hollywood veteran Peter Chernin announced Wednesday that he is forming a new … Read more

Crypto exchange FTX has “a few billion” to support industry – Bankman-Fried

FTX CEO Sam Bankman-Fried poses for a picture, in an unspecified location, in this undated handout picture, obtained by Reuters on July 5, 2022. FTX/Handout via REUTERS Register now for FREE unlimited access to Reuters.com Register July 6 (Reuters) – Sam Bankman-Fried, head of one of the largest cryptocurrency exchanges, FTX, said he and his … Read more

Explainer: Can crypto holders recoup losses in court?

Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken November 28, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – A downturn in cryptocurrency prices and crash of one stablecoin has led some investors to try to recover their losses in U.S. … Read more

Cryptoverse: Crypto lenders face a DeFi drubbing

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register June 21 (Reuters) – Crypto lending may not be down and out, but it’s certainly on the ropes. Crypto lenders have boomed over … Read more

Analysis: Too good to be true? Celsius meltdown to boost crypto lending product scrutiny

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 16 (Reuters) – Liquidity troubles at crypto lending platform Celsius Network, which have left its 1.7 million customers unable to redeem their assets, will increase … Read more

Baidu EXCLUSIVE in talks to sell majority stake in iQIYI, China’s answer to Netflix -source

Baidu plans to sell all of its holdings in iQIYI -sources Share sale can value iQIYI at around $7 billion -source The targeted iQIYI value will represent a price of $8.13/share The deal has attracted interest from PAG and China Mobile -source HONG KONG, June 15 (Reuters) – Chinese internet search engine giant Baidu Inc … Read more

Explainer: The world of crypto lending

A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register LONDON, June 13 (Reuters) – Major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers on Monday, citing “extreme” market conditions, sparking a sell-off across crypto markets. read more Here’s what you … Read more