By Exec Edge Editorial Staff Dutch Bros Inc. (NYSE: BROS) coffee chain reported a 30% rise in first quarter sales and reiterated its full-year guidance. Joth Ricci, Chief Executive Officer of Dutch Br...
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Hong Kong To Permit Crypto Exchanges But With Restrictions
From June 1st, crypto exchanges in Hong Kong will be allowed to offer services to regular customers after the government introduced a licensing system. A senior official has recently stated that Hong ...
DeSantis Reportedly Sending More Migrants To Northern States
Topline Florida Gov. Ron DeSantis (R) is restarting his controversial program to send migrants to northern Democratic-led municipalities, CNN reported Tuesday, despite heavy pushback from immigration ...
Cardano DeFi Steals The Show, Outperforms The Market With Explosive Transaction Growth
Despite the recent market dip, Cardano’s decentralized finance (DeFi) ecosystem has seen a significant surge in activity, with transactions on Cardano DeFi apps soaring to 250,000 per epoch from 160,0...
Dow Jones Falls As McCarthy Makes Debt Ceiling Pledge; Palantir Stock Rockets On AI Claim
The Dow Jones Industrial Average closed lower as House Speaker Kevin McCarthy made a debt ceiling pledge. Palantir (PLTR) soared after CEO Alex Carp boasted of its AI offering, while PayPal (PYPL) plu...
What is explainable AI (XAI)?
XAI involves designing AI systems that can explain their decision-making process through various techniques. XAI should enable external observers to understand better how the output of an AI system co...
EXAS Stock: How Targeting The ‘Most Preventable’ Cancer Drove Another Quarterly Beat
Exact Sciences (EXAS) crushed first-quarter expectations late Tuesday and raised its outlook for the year. EXAS stock broke out on the news. X During the March quarter, Exact Sciences’ sales sur...
Cardano’s transaction load at 94% capacity
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to Sebastien Guillemot, the chief technology officer (CTO) and co-founder of Paima ecosystem, Cardano is curr...
EV maker reports narrower Q1 loss and revenue beat; reaffirms production forecast
Rivian (RIVN) reported a narrower loss than expected and revenue beat for Q1, giving EV investors hope after disappointing results from rivals Lucid and Fisker. For the quarter, Rivian reported top-li...
Biden calls for end to tax loopholes that benefit ‘wealthy crypto investors’
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To man...
TON Price Analysis: Will The TON Price Surrender To Bears?
1 TON’s price is currently trading at $1.896 while seeing a change of 4.60% in 24-hour trading volume. 2 TON’s price recorded a decline of 0.43% in the last 24 hours. The TON price is curr...
Spotify removes AI-generated music | Blockchain News
The ongoing battle between the music industry and artificial intelligence (AI) continues as Spotify removes AI-generated music. According to a report by the Financial Times (FT), the music streaming p...
Rep. George Santos Criminally Charged By Justice Department, Report Says
Topline The Justice Department has indicted disgraced Rep. George Santos (R-N.Y.), according to CNN, after it was discovered the freshman congressman lied about most of his background and may have run...
Bitcoin backlog surges, BTC touches $28k, miners thrive: Unraveling all the chaos
The percentage of Bitcoin miner revenue derived from fees soared to 42% in the last 24 hours. Because of the backlog surge, the number of unconfirmed transactions on Bitcoin hit a whopping 402,071. Th...
Rivian quarterly revenue beats estimates on higher-priced EV sales
(Reuters) -Rivian Automotive Inc beat Wall Street estimates for quarterly revenue on Tuesday as it sold more higher-priced electric vehicles and stood by its annual production forecast of 50,000 cars....
Former Coinbase product manager behind insider trading case sentenced to 2 years in prison
A federal judge has sentenced Ishan Wahi, the former product manager at Coinbase Global accused of insider trading, to 24 months in prison. In a May 9 hearing in United States District Court for the S...
Stock tanks 8% after bookings miss
Airbnb (ABNB) reported its Q1 2023 earnings after the bell, reporting a minor beat on revenue and a miss on bookings. The company’s shares declined about 9% in after-hours trading. Airbnb also a...
PayPal’s crypto holdings increased by 56% in Q1 2023 to nearly $1B
Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filed to the United States Securities and Exchange Commission. Claiming a combined total of $9...
T-bills hit by US debt ceiling worries, stocks slip ahead of CPI
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -A gauge of global equities fell on Tuesday as investors grew cautious ahead of key data on U.S. consumer prices, while the impasse over the U.S...
BlockFi customers want to take over $375m worth of crypto assets
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlockFi customers want $375m in various crypto assets to be considered as their property in the ongoing Chapter 11 bank...
Oil Reverses China-Driven Drop, Rises on US Plan to Refill SPR
(Bloomberg) — Oil extended its rally for a fourth day, reversing course midday to climb after the Biden administration announced plans to replenish strategic reserves after completing maintenanc...
CoinFlip’s Olliv Brings 300+ Crypto ATMs to Access Litecoin in Australia
4 mins ago | 2 mins read Altcoin News Olliv Installed more than 300 crypto ATMs in Australia. Australians embrace cryptocurrencies more than bank deposits. Increase in demand for ATMs in Australia, an...
Grayscale files for Ethereum Futures, Bitcoin Composite ETFs
Asset manager Grayscale has filed documents with the U.S. Securities and Exchange Commission for three new ETFs that aim to expand its offerings in the digital asset space. The registration stat...
12 factors VCs should focus on when vetting crypto and blockchain companies
Venture capitalists may be wary of the crypto and blockchain industry at the moment, and it’s not without reason. However, the highly publicized bad actions of a few shouldn’t keep VCs from spotting t...
PayPal tumbles 12%, eyes lowest close since 2017
(Reuters) – PayPal Holdings’ stock slumped 12% on Tuesday, on track for its lowest close in almost six years, after the payments company cut the outlook for its annual adjusted operating m...
Ethereum’s total value locked hits new all-time high
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The quantity of locked ethereum just hit 19,375,242 ETH, setting a new all-time high for the cryptocurrency. The total ...
The Film Version Of ‘Are You There God? It’s Me Margaret’ is Like A Welcome Hug
Rachel McAdams as Barbara Simon, Abby Ryder Fortson as Margaret Simon, and Benny Safdie as Herb … [+] Simon in Are You There God? It’s Me, Margaret. Photo Credit: Dana Hawley Dana Hawley/Lionsga...
Grayscale Angling for 3 New Crypto ETFs as GBTC Ruling Nears
Grayscale Investments has set up a trio of new funds, regulatory filings show, as the firm awaits a court ruling related to the planned conversion of its flagship product to an ETF. The crypto-f...
OKX’s new ad takes on Coinbase, declaring the system needs a rewrite, not update
Cryptocurrency trading platform OKX is taking a shot at rival Coinbase with its latest advertising campaign. While Coinbase declared only a couple months ago in an ad campaign, “It’s time to update th...
Symbiont.io Pursues Sale of Assets
Company now accepting bids for asset purchase NEW YORK–(BUSINESS WIRE)–Symbiont.io, a technology pioneer solving complex global finance problems using enterprise blockchain solutions that was formed i...
Rivian stock price forecast after Q1 earnings report
Shares of Rivian Automotive Inc (NASDAQ: RIVN) are trading up in extended hours after the EV company reported a narrower than expected loss for its fiscal first quarter. Rivian stock up on production ...
The World’s Biggest Market Makers Quit Crypto
The winds of regulation are blowing across the crypto market, shaking up the trading strategies of major market makers such as Jane Street and Jump Trading. Amid the escalating regulatory clampdown in...