In a recent development, Core Scientific, a bankrupt Bitcoin miner, announced its plans to finalize a restructuring plan by September. The company anticipates exiting bankruptcy proceedings with an ad...
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XPeng reports 45% sales drop in Q1, forecasts EV deliveries to fall in Q2
Chinese pure-play electric vehicle maker XPeng (XPEV) reported a steep drop in sales in the first quarter, likely the result of increased competition in the tight Chinese EV market and an uneven recov...
Multichain Appears Abnormal, MULTI Price Drops Over 20%
Key Points: The social network Twitter stirred up information that the Multichain team in China had been arrested by the authorities. Many on-chain signs indicate suspicious movements related to the M...
Ripple’s CBDC Voyage Now Turns To Real Estate Asset Tokenization
The head of Web3 and crypto at Ripple, Emi Yoshikawa, says that the company has done a long term collaboration with Fubon Bank. It is a Taiwan based Fintech major. This collaboration is initiated by H...
Xiaomi Q1 2023 Report Reveals Leading Smartphone Market Took Hit on Poor Product Sales
For Q1 2023, Xiaomi sold far fewer smartphones than in the first quarter of last year due to waning demand. Xiaomi Corporation recently posted its Q1 2023 earnings report, which saw its revenue plung...
Former Google CEO Warns AI Could Cause People To Be ‘Harmed Or Killed’
Topline Eric Schmidt, who served as Google’s CEO from 2001 to 2011, said Wednesday artificial intelligence could cause people to be “harmed or killed” amid possible “existential risks,” adding to conc...
TON Foundation’s $25M Accelerator Ignites TON Price Surge to 7-Day High
The TON Foundation has launched a $25M accelerator program. The program aims to empower founders building on the TON blockchain. TON’s price surged 4.57% after the bullish market recovery, reaching a ...
Agilent Stock Suffers Largest Drop in 3 Years. Here’s Why.
Text size Demand for Agilent’s instruments from small biotech customers has dropped. Dreamstime Agilent Technologies stock has lost nearly a quarter of its value this year after plunging on Wednesday ...
Fintoch ponzi actors escape with 31.6m USDT
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Investors who fell victim to the notorious Ponzi scheme, Morgan DF Fintoch, are now facing disappointment and anger as ...
Target Removes Pride Items After Conservative Firestorm—Sparking Criticism From LGBTQ Groups
Topline Target is the latest company to face an onslaught of criticism for its LGBTQ Pride product line—some of which is due to viral misinformation—leading the retailer to pull some of its products, ...
US gov’t seeks to forfeit crypto seized on Binance in fraud case
The US Attorney’s Office has filed a civil forfeiture action to recover crypto proceeds of a business email compromise (BEC) fraud scheme that targeted a company in Massachusetts, according to a press...
Scientists Discover Chemical That Could Help Heal Nerve Damage—A Potential Breakthrough For Nerve Injuries
Topline Scientists have discovered a new chemical that could help heal nerve damage, according to research published Wednesday in the journal Nature, which offers early hope for one day reversing the ...
The EU’s Anti-Money Laundering Strategy Is a Mistake
The EU’s new anti-money laundering regulation risks upending their current lead in crypto rulemaking. The lead — largely due to the recently passed Markets in Crypto Asset (MiCA) legislation — general...
Bitboy Ecstatic as BEN Coin Posts Over 101% in a Day
Bitboy has expressed his elation over the recent 101% surge in the price of BEN, a meme-based project he is closely associated with. Prominent crypto YouTuber Ben Armstrong, widely recognized as Bitbo...
Hunting Hill Digital Launches with Investment from BaseLayer Ventures
Hunting Hill Digital (“HHD”) launches as the digital asset management affiliate of Hunting Hill Global Capital, a leading SEC-registered investment advisor and alternative asset manager with exception...
Despite recent stillness, on-chain metrics indicate possible volatility ahead for Bitcoin
The Bitcoin market has been calm for the better part of May, as prices hover in a relatively stable range between $26,000 and $28,000. Graph showing Bitcoin’s price from March 17 to May 24 (Sour...
Ford’s Plan to Improve Its Stock Performance? Be More Like Deere.
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Overwatch Maker Blizzard to Tap Into Generative AI Game Tools: NYT
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Blizzard Entertainment—the studio behind Diablo, World of Warcraft, and Overwatch—is experimenting with generative AI as part of game de...
Why LIV Golfers Will Continue To Shine In The Majors
The criticisms faced by LIV golfers fuels an elevated desire and “need” to perform well on golfs … [+] biggest stages. The results show this. Getty Images Professional golfer Brooks ...
Binance Announce Delisting AUD Spot Trading Pairs
Binance’s hold on the Australian market continues to weaken as the exchange announces the delisting of eight Australian dollar (AUD) spot trading pairs. The world’s largest cryptocurrency exchange is ...
Nvidia and Meta Have Soared. Now It’s Amazon’s Turn.
Text size Amazon stock could be due for a catchup. Thomas Samson/AFP via Getty Images Big tech stocks like Nvidia , Meta Platforms, Microsoft , and Alphabet have been big-time performers this year. No...
Solana releases plugin for ChatGPT
Important crypto news: the Solana Foundation recently released a plugin for ChatGPT that integrates artificial intelligence with the layer 1 blockchain. In this regard, Solana co-founder Anatoly Yako...
Crypto giant Binance exonerated from connection to pig butchering scam – Cryptopolitan
A high-profile crypto scam known as a ‘pig butchering’ scam, a term that originated in Asia, and alludes to the method of fattening a pig up before slaughter, has been making headlines recently, ensna...
“XRP Tokens are Not Securities”: Legal Expert Challenges SEC
In a recent series of tweets, Bill Morgan, a digital asset enthusiast, and lawyer, expressed his concerns about the Securities and Exchange Commission’s (SEC) stance on Ripple’s XRP sales. Morgan argu...
PacWest’s latest bid to restore investor confidence
PacWest (PACW) sold some assets of a real-estate lending business as it tries to bolster investor confidence following a period of extreme turmoil for regional banks. Roc360, a New York City firm that...
3 Hot DeFi Tokens: UniSwap, Tradecurve, PancakeSwap
In the ever-evolving world of decentralized finance (DeFi), three tokens are currently standing out as ones to watch: Uniswap (UNI), Tradecurve (TCRV), and PancakeSwap (CAKE). Most notable is the Trad...
What to do with your money as the U.S. inches toward a debt default
With only days left to avoid a historic default on the nation’s debt, Americans are getting nervous about the potential impact on their money, from their investments to whether they’ll get...
DeFi Lending Protocol Fintoch Reportedly Rug Pulls Investors for $31.6M
Fintoch, a decentralized finance (DeFi) protocol that offers peer-to-peer (P2P) lending and investment services, has absconded with $31.6 million in cryptocurrencies belonging to investors in an appar...
1inch Price Headed Towards The Yearly Lows
Recently, the 1inch crypto price shattered the critical support level of $0.43 and headed downward. Price then formed support at the $0.405 level and began to consolidate between the $0.405 and $0.425...
Shiba Inu’s Shibarium: Should L2’s delayed launch concern your BONEs?
Memecoins have created a flutter in the crypto-markets ever since they burst on to the stage. Their valuation, unanticipated price fluctuations, and their connections to tech czars have become a subje...
David Zaslav Floats Streaming ‘Super Bundle’: Can It Happen?
Detail of a mans hand scrolling through Netflix on an Apple iPad Pro, taken on March 6, 2020. (Photo … [+] by Phil Barker/Future Publishing via Getty Images) Future Publishing via Getty Images I...
Bitcoin Maximalist Max Keiser Says XRP Is A ‘Sh*tcoin’
While the crypto space awaits the summary judgment on the case between the US SEC and Ripple Labs, controversies keep rising due to diverse user opinions and perspectives. In a recent development on M...