Kenvue IPO: Profitable Company, Expensive Stock

SUQIAN, CHINA – MAY 4, 2023 – Illustration: Kenvue, Suqian City, Jiangsu Province, China, May 4, … [+] 2023. Kenvue, a unit of Johnson & Johnson’s consumer health business,...

Avalanche, Alibaba Cloud partner on blockchain metaverse suite

Alibaba Cloud and Avalanche have partnered to create a blockchain-based metaverse deployment platform called Cloudbase, Avalanche said May 4. In a separate statement to TechCrunch, Ava Labs founder an...

CEO distances Anheuser-Busch from Bud Light Dylan Mulvaney controversy: ‘Not a formal campaign’

Anheuser-Busch CEO Michel Doukeris addressed the Bud Light controversy on an earnings call with investors Thursday, downplaying the brand’s partnership with transgender influencer Dylan Mulvaney...

Polygon [MATIC] releases new features to entice developers and lure in new users

Polygon recorded a significant increase in code commits and core developer count.  MATIC’s network growth rejuvenated since the start of May, indicating that upgrades were attracting new users. Polygo...

The $3.9 Billion Crypto Showdown

FTX, the bankrupt cryptocurrency exchange, is trying to recover almost $3.9 billion in cash from Genesis Global Capital LLC and its affiliate, GGC International. This move could be viewed as an attemp...

A new era for DeFi as Filecoin launches Filecoin Virtual Machine

The growth of the Decentralized Finance (DeFi) ecosystem and its storage diversity is greatly supported by Filecoin and its newly launched Filecoin Virtual Machine (FVM) Protocol. Through financial su...

El Salvador school program raises over $29k via Bitcoin Lightning Network

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied My First Bitcoin, an El Salvadoran nonprofit program, has raised over 1 bitcoin (BTC) in less than three weeks from Bit...

How to Buy an NFT and the Core Reasons Why

Many NFT projects are strategizing ways to kickstart the next market cycle.  The latest Doodles 2 announcement is an endeavor to extend adoption through the world of Web3 media. And NFT marketpla...

Western Alliance Bank Refutes Sale Reports Amid Chaos

The Financial Times reports that Western Alliance Bank is exploring a sale. Stocks tumbled following the news. But the bank vigorously denies that any sale is imminent, driving stocks back up. A Finan...

Star Wars crypto toys coming through Disney, Cryptoys partnership

With wannabe Jedis rattling their lightsabers around the world in honor of Thursday’s Star Wars Day celebrations, Cryptoys has announced it will be selling — in partnership with Disney — digital...

UK Regulator Examines AI Impact

The UK Competition and Markets Authority (CMA) has announced an examination of the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine the deve...

Biden wants to get rid of crypto, Florida Gov. DeSantis says

Florida Governor Ron DeSantis said the Sunshine state would soon move against any kind of a central bank digital currency, with lawmakers advancing with legislation that could be on his desk within &#...

Bitcoin Surges to $30K Mark Amid Market Tension Over Bank Concerns

Bitcoin climbs toward the $30,000 mark amidst banking turmoil. Prices spiked due to recent market tensions because of bank concerns. The latest concern in the banking realm appears to be PacWest Banco...

Avalanche Partners with Alibaba Cloud to Build a Metaverse Launchpad

Alibaba Cloud builds a metaverse launchpad on Avalanche. The launch will bring cost-effective metaverse solutions. Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has...

The New Gold Mine: Tokenized Real-World Assets

In a world where the boundaries between physical and digital assets are increasingly blurred, an exciting new era of real-life monopoly is unfolding. As the tokenization of real-world assets breathes ...

Microsoft axes Bing wait list, giving users free access to GPT-4

Microsoft recently announced a slew of new artificial intelligence (AI)-powered features for its Bing chatbot and Edge web browser. Chief among the changes, Bing users now have full access to the GPT-...

Potential Sale of PacWest Bancorp Discussed Amid Stock Price Drop

PacWest Bancorp is exploring strategic options, including a potential sale, amid plummeting shares and pressure. The company confirms interest from multiple investors and partners, committed to enhanc...

UNI price declines to $5.26 after turning bearish – Cryptopolitan

The recent Uniswap price analysis shows a price decline of 0.50% to $5.26 after a bearish turn in the market sentiment. UNI has started its trading session on a bearish note and is struggling to break...

Shiba Inu (SHIB), RenQ Finance (RENQ), Polygon (MATIC)

The major cryptocurrencies to be considered low-cost with an effective surge in 2023: Shiba Inu (SHIB), RenQ Finance (RENQ), and Polygon (MATIC). The prominent growth in these cryptocurrencies over th...

How to Protect Your Crypto Investments

Cryptocurrencies are digital or virtual tokens that are secured by cryptography, making it nearly impossible to counterfeit or double-spend. Cryptocurrencies have become increasingly popular due to th...

Coinbase Filing Could Get SEC Answer Soon

According to Coinbase’s Chief Legal Officer Paul Grewal, the U.S. Third Circuit Court has given the U.S. Securities and Exchange Commission (SEC) 10 days to respond to Coinbase’s mandamus petition. Th...

The Reactionary Political Theater of CBDC Bans

What all of that research has revealed is … complicated. There are legitimate risks associated with CBDCs, and theoretical impacts that could reshape the financial sector as we know it. A “retail” CBD...

Mauritius to Launch CBDC Pilot After 3 Years of Exploration

1 Mauritius is all set to launch its CBDC pilot program in November 2023. 2 Mauritius has been exploring the same for three years now and has been the first country to ask for assistance from the IMF ...

Armstrong Calls Out Senator Warren For Anti-Crypto Stance

Crypto influencer BitBoy Crypto has called out Senator Elizabeth Warren for corrupt practices. Armstrong indicated that Warren may be protecting the TradFi system that lines her pockets. Warren’s take...

FTX Goes All Out To Recover $3.88 Billion From Insolvent Genesis

11 mins ago | 2 mins read Exchange News Genesis had a role in enabling the FTX Group’s reckless actions as per FTX’s attorneys. Genesis Global Capital lent more than $8 billion to FTX Debtor Alameda R...

Will Litecoin Surge 700% vs Bitcoin?

Litecoin, a well-known cryptocurrency, is preparing for an important event – the halving, scheduled for August 2023. In anticipation of the halving, Litecoin’s founder, Charlie Lee, is optimistic abou...

SUI Token Release Schedule Sparks Worries of Excess Supply

A SUI token release schedule has sparked conversations about price dilution among the community. How will high supply impact the project? The SUI token has been at the center of the discussion since l...

Judge Upholds Freeze on SpartacusDAO’s $35M in Lawsuit Served Via Discord, NFT

Judge Victor Marrero upheld his previously signed restraining order against Wei Wu, allegedly the man behind Spartacus, in a hearing in the U.S. Southern District Court of New York on Thursday. Marrer...

CryptoQuant’s Author MAC.D Explains Drop In ETH Price

Author at CryptoQuant MAC. D reveals the reasons for the fall in ETH price. “When ETH transaction failures rise, it shows a market overheating and has often seen a price correction,” says MAC. D Ether...

SEC Chair Gary Gensler Straying Into Dangerous Territory With Ripple Lawsuit, Says Pro-XRP Lawyer

Lawyer John Deaton says U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler is pushing legal boundaries for accusing technology company Ripple of violating securities laws. In a lawsui...

Deloitte Switzerland Partners With Polkadot’s KILT Protocol

31 mins ago | 2 mins read Blockchain News The KILT protocol developed by Polkadot is a blockchain-based identity verification platform. Many financial institutions still use time-consuming and expensi...

Can Ethereum reach $4,000 by Year End?

As the crypto market continues to recover from the recent dip, Ethereum prices have been steadily climbing towards the significant threshold of $2,000 again. With the continued weakening of the US Dol...