Deutsche Bank shares have taken a severe hit, with a 20% drop in value this month, leaving investors concerned about the bank’s financial stability. The German bank’s shares have been on a downward spiral, with an 8.8% decrease for Deutsche Bank and an 8% drop for Commerzbank by mid-afternoon in Frankfurt. Investors’ fears have been fueled by the recent news that Deutsche Bank failed to settle with the U.S. Justice Department regarding investigations related to…
Mysten Labs, a leading blockchain technology firm, has announced plans to buy back $96 million worth of shares and token warrants from FTX, a popular cryptocurrency exchange. The move comes after FTX Ventures invested $101 million in Mysten Labs just months before its parent company collapsed. Regaining Control Mysten Labs declined to provide further comment on the buyback, but it is clear that the company seeks to reestablish control over its own equity and token…