By Sabrina Valle and Sourasis Bose HOUSTON (Reuters) -U.S. oil and gas producer Occidental Petroleum Corp on Tuesday reported a 48% decline in first-quarter earnings that fell well short of analyst es...
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Non-web3 communities are doomed | Opinion
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinio...
Zimbabwe Unveils Gold-Backed Central Bank Digital Currency
Introduction Investors can now invest, save and transact in Gold as the Reserve Bank of Zimbabwe confirmed the issuance of a gold-backed digital currency, last week. It is so flexible and feasible tha...
Ex-Coinbase Manager Gets 2 Years In Prison For Insider Trading
A former product manager of Coinbase has been sentenced to two years in prison for insider trading charges, just weeks after the company announced its move to conduct business in the Bahamas. This dev...
Why Polygon is Dipping? MATIC Hits Lowest Price Since January 2023
11 seconds ago | 2 mins read Altcoin News The Polygon trading price has moved below the support line. The RSI sector indicates the market is oversold. Polygon (MATIC), the Ethereum scaling solution, h...
Fired Coinbase Exec Caught With Insider Trading Sentenced to 2 Years in Prison
After pleading guilty earlier this year, former Coinbase Product Manager Ishan Wahi has been sentenced to 2 years in prison in a landmark case for insider trading with cryptocurrencies. The sentence ...
When It Comes To Sustainable Cotton, Fashion’s Focused On 1% at the Expense Of The Other 99. Why?
A field of a genetically modified variety of cotton called Bt Cotton with inbuilt insecticide … [+] resistance, in India. Corbis via Getty Images Cotton’s environmental impacts are well-pu...
Can Bitcoin [BTC] capitalize on Ordinals’ latest achievement
The increase in Ordinals fees caused a surge in miners’ revenue. However, metrics for BTC were bearish, suggesting a further price decline. Bitcoin [BTC] Ordinals is creating new milestones every ot...
To Gain Grounds; Stands Mysten Labs With 11 in All: VG Scout
Mysten Labs is allying with 11 companies to bring out a new sphere of videogames on Sui-blockchain networks. It’s soon going to be operational by about May 15th. Evan Cheng, CEO, Mysten Labs has take...
Grayscale establishes funds trust, files for three new crypto funds
Grayscale Investments announced on May 9 that it has formed a new entity called Grayscale Funds Trust and filed for three new crypto investment funds. Grayscale proposes three new ETFs The Grayscale F...
Former Coinbase Product Manager Gets Two Years For Insider Trading
A former Coinbase product manager was today sentenced to two years in prison for insider trading—the first of its kind in the crypto world. Ishan Wahi, 32, and his associates—including his brother, N...
Global Move to End Reliance on US Dollar Underway, With Nations Buying Gold in a ‘Very Big Way’: Ex-Morgan Stanley Head
Central banks around the world are now looking for ways to get around the US dollar’s world reserve status, according to former Morgan Stanley executive and investment veteran Ruchir Sharma. In an int...
Dapps Transactions Soared on Cardano ; ADA Price Bearish
A Cardano’s decentralized apps (dApps) insights provider recently tweeted about the the surge in transactions on Cardano dApps. The price of Cardano (ADA) has been in a bearish trend with most cryptoc...
PEPE Whale Who Earned $14.5M Turns To Turbo, Is This The Next Big Thing?
A whale recently transferred $14.5 million of PEPE to Binance and is now buying TURBO, Lookonchain data on May 9 shows. Pepe coin (PEPE) is a meme token and one of the top-performing assets after rall...
Analyst Known for Calling Bottoms Predicts Ethereum Correction, Says ETH Screaming Bearish Signal
A crypto strategist who built his following after nailing the 2018 Bitcoin (BTC) bear market bottom says that Ethereum (ETH) is flashing signs of bullish exhaustion. Pseudonymous analyst Bluntz tells ...
No Biggie? AI Is Coming for Fast-Food Worker Jobs
Fast-food giant Wendy’s will use AI to try and take a quantum leap in customer service, unveiling a new chatbot set to automate drive-thru service. The bot, trained on Google’s natural-lan...
Coinbase Calls for Revision on ‘Misguided’ RIA Rulemaking
Coinbase has called for certain modifications to the proposed rule regarding registered investment advisers’ (RIA) obligations to hold client assets at qualified custodians. Even as the United States ...
Biden ‘Considering’ Using 14th Amendment To End Debt Ceiling Standoff Without Congressional Action
Topline President Joe Biden said Tuesday the White House is “considering” invoking a Civil War-era constitutional amendment as a potential solution to the debt ceiling showdown, marking the first time...
Grayscale launches Funds Trust, files for three new crypto ETFs
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a move that underscores its commitment to expanding global asset management capabilities, Grayscale Investments has ...
Barry Callebaut Doubles Down On Sustainability Investment In Côte D’Ivoire Cocoa Farms Ahead Of New EU Anti-Deforestation Law
Barry Callebaut steps up its sustainability efforts in Côte d’Ivoire through an agroforestry model. Nana Kofi Acquah © Barry Callebaut Swiss cocoa processing giant, Barry Callebaut, has outlined a new...
Investors Exit Bitcoin Short Funds at Record Pace as Sentiment Improves
The bears appear to be out and about, with three straight weeks of negative sentiment among institutional investors. Digital asset investment products saw outflows of $54 million dollars last week, ac...
Could Mathys Tel Be Bayern Munich’s No. 9 Of The Future?
Mathys Tel has scored a goal every 90 minutes for Bayern Munich in the Bundesliga this season. … [+] (Photo by Harry Langer/DeFodi Images via Getty Images) DeFodi Images via Getty Images Mathys ...
While Bitcoin Fees Soar to Two-Year Highs, El Salvador Pays the Price
Bitcoin fees have hit a two-year high—and they’re continuing to climb fast. Data from Bitinfocharts shows that the current average price to make a transaction on the Bitcoin network stands at $31.14....
Blackstone’s Stephen Schwarzman Reportedly Skeptical Of DeSantis—Joining These Other Billionaire GOP Donors
Topline Billionaire Stephen Schwarzman is holding off on backing Florida Gov. Ron DeSantis as a potential presidential candidate, Bloomberg reported Tuesday, making the Blackstone CEO the latest GOP d...
Dave Ramsey Dismisses De-Dollarization Concerns — Says BRICS Currency, Chinese Yuan Can’t Take Down US Dollar – Economics Bitcoin News
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. do...
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
Crypto mining firm Marathon Digital Holdings announced it has partnered with digital assets infrastructure company Zero Two to create a large-scale immersion Bitcoin-mining facility in Abu Dhabi. In a...
Pudgy Penguins Bucked the NFT Crash—Now It’s Raised $9 Million
Pudgy Penguins, an Ethereum NFT project that surged amid the 2021 bull run and then toppled into chaos, was purchased by a serial entrepreneur about a year ago and given a second life—right as the mar...
Floki Inu [FLOKI] carves a niche in memecoin space, but here’s the catch
Floki Inu’s price declined by 4% in the last 24 hours Market indicators were bearish on FLOKI, as were a few metrics On 8 May, Floki Inu [FLOKI] became the #1 trending cryptocurrency on CoinMarketCa...
Kraken’s CLO Takes The Stand At Historic Joint Hearing On Crypto Regulations
As Congress prepares to hold a historic joint hearing on creating new, fit-for-purpose rules for the crypto industry, the ongoing regulatory crackdown has raised concerns about the future of this rapi...
Dejà Vú? Meme Coin PEPE Touches $1Bn in Market Capitalization
What are the new interests of the traders and what is the future of memecoins. 2021 was the year in which many new cryptocurrencies joined the digital market and wreaked havoc on the cryptocurrency ex...
ChatGPT and other AIs could play a big role in driving more users to crypto
It’s no secret that bear markets are challenging. A quick scan of top projects of any past market cycle will unveil how many once-promising projects have faded into oblivion. While these cycles are of...
Belt and Road maps show how far China’s freight railways run in Asia
The first freight train on the Lancang-Mekong Express departs from Kunming in China on Jan. 10, 2022, headed for a 26-hour journey to Vientiane, capital of Laos. China News Service | China News Servic...