Stock Slides As Profit Outlook Weakens—Despite Subscriber Growth

Topline Shares of Netflix slid Thursday afternoon after the streaming giant released a tepid profit forecast in its quarterly earnings report, though the company added subscribers for a third consecut...

Intel Bitcoin mining chips discontinued despite chip efficiency, $63M revenue boost in 2022

Intel announced the end of first-gen Blockscale 1000-series Bitcoin-mining ASICs on April 18, despite the chips contributing both efficiency and a rise in revenue in 2022 — up from 2021. The announcem...

Dow Jones Firm As Netflix Dives Late; These 3 Bill Ackman Stocks Are Near Buy Points

The Dow Jones Industrial Average closed slightly lower amid a mixed day for the major indexes. Goldman Sachs (GS) results were mixed as the stock dragged the Dow. A trio of Bill Ackman stocks are near...

Render (RNDR) Price Hits $2, Bulls Push for More

Render token has made a blistering start to Q2 2023 with a 53% price surge in April. A critical look at the on-chain data suggests that despite increased whale investment, RNDR could still be underval...

Covid vaccine sales fueled beat, but no sales ahead

The Janssen Johnson & Johnson COVID-19 vaccine. Allen J. Schaben | Los Angeles Times | Getty Images International Covid vaccine sales helped spark Johnson & Johnson‘s revenue and earning...

Paxful Unfreezes Majority of Accounts

Paxful, the peer-to-peer cryptocurrency marketplace, has announced that it has unfrozen 88% of the user accounts that were previously frozen, following the suspension of its operations. The remaining ...

Bank of America customers are spending more and that’s supporting U.S. employment, CEO says

Bank of America‘s customers are spending freely on dining, entertainment and other experiences, which in turn supports U.S. employment, CEO Brian Moynihan told CNBC’s Becky Quick. The bank...

Solana on-chain and derivatives data highlight the limitations of SOL’s potential price breakout

Solana saw two positive developments this week with the launch of the Saga Android-based smartphone powered by Solana blockchain and the retail trading debut of Grayscale’s Solana Trust shares. The de...

McConnell Blocks Committee Replacement—White House Blasts As ‘Flat Wrong’

Topline Senate Minority Leader Mitch McConnell (R-Ky.) refused Tuesday to let Democrats temporarily replace Sen. Diane Feinstein (D-Calif.) on the judiciary committee—effectively blocking at least a d...

Dissecting an ingenious crypto wallet draining scam

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A massive crypto wallet draining operation has been exposed, having targeted experienced crypto users and industry insi...

AT&T Likely Added Mobile Subscribers at Fastest Rate in a Decade

AT&T (T), the world’s second-largest telecommunications company by sales, likely recorded its fastest rate of wireless subscriber growth in over a decade in the first quarter, about a year a...

US Representative Leaves SEC Chair Speechless

22 mins ago | 2 mins read Market News Gary Gensler sat down in recent testimony before the House Financial Services Committee to discuss cryptocurrencies. Gensler was also investigated regarding the F...

Falling house prices force retired over-50s back to work

Over-50s are being forced to return to work – REUTERS/Eddie Keogh Falling house prices and high inflation are forcing early retirees back to work as their pensions are not spreading as far as pl...

Fed board member says CBDC risks outweigh benefits

Ad Governor Michelle Bowman said it is “difficult to imagine a world” where the benefits of a central bank digital currency (CBDC) can justify the “unintended consequences.” However, she added that th...

How Elon Musk’s AI Startup Stacks Up Against OpenAI

​​The rapidly evolving landscape of artificial intelligence is attracting attention from visionaries and entrepreneurs alike, seeking to make their mark in a revolutionary field. Among them is the ubi...

Hacker Drained OG MetaMask Addresses Of $10.4 Million In ETH Since December 2022

– Advertisement – Summary: OG MetaMask addresses have lost over 5000 ETH in assets, NFTs, and tokens since December 2022, MetaMask developer Tay Vano said on Twitter. The hackers drained w...

Automation May Impact Two-thirds of U.S. Jobs

Join Our Telegram channel to stay up to date on breaking news coverage Goldman Sachs Inc., one of the industry-leading global investment firms, has reported that two-thirds of the United States of Ame...

SEC Charges Bittrex for Unregistered Securities Trading

The US Securities and Exchange Commission (SEC) has charged crypto asset trading platform Bittrex and its co-founder and former CEO William Shihara for operating an unregistered national securities ex...

“Is Ether a Commodity or a Security?”

Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Financial Services Committee on Tuesday regarding the agency’s enforcement actions against the crypto industry...

PancakeSwap wants to cap token inflation rate at 3%–5% per year

Decentralized exchange (DEX) PancakeSwap wants to lower its token inflation to anywhere between 3% to 5% per annum, far below current rates of over 20%.  In a proposal released on Apr. 18, the DEX cit...

CME expands bitcoin and ethereum options expiries

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Chicago Mercantile Exchange (CME) has announced plans to add new expiries to its existing options products across i...

Tracking Zero-Knowledge Rollups on Ethereum

Zero-knowledge rollup technology projects have been making headlines lately. Polygon launched its zkEVM (zero-knowledge Ethereum virtual machine) technology on the Ethereum mainnet just three days aft...

Coinbase CEO Hints Moving Offshore Amid Regulatory Uncertainty in U.S

10 mins ago | 2 mins read Exchange News Business titans are fighting back against the U.S. SEC and the CFTC. Coinbase has been speculated to be the next target of the US SEC after Bittrex. There seems...

Microsoft building in-house AI chip “Athena”

Microsoft is building its own artificial intelligence (AI) chip for use with language models, according to a report from The Information on April 18. That report indicates that Microsoft has been deve...

Trader Unveils Price Target for Solana (SOL), Says He’s Bullish on Dogecoin (DOGE) and One Ethereum Rival

A popular crypto trader thinks Ethereum (ETH) competitor Solana (SOL) could see sizeable gains in the next two weeks. The pseudonymous analyst Cantering Clark, tweeting from his new Man o’ War Twitter...

Would We Use Bitcoin in an Apocalypse?

If a nuclear war or deadly pandemic suddenly rocked the globe, would we suddenly all flock to Bitcoin? To put the matter simply, it is hard to say. But decentralized non-fiat currencies are adaptable ...

DigiToads and Solana, Two Altcoins Poised for Massive Growth in 2023

There is a growing need for fast and innovative blockchain platforms. DigiToads and Solana are two crypto altcoins investors are looking at for-profit in 2023 as they continue to rise. There’s no doub...

SEC accuses Bittrex of conducting unregistered business

Join Our Telegram channel to stay up to date on breaking news coverage Yesterday we reported on the decision by Bittrex, once one of the major exchanges in the world, to leave the U.S. due to impendin...

Kyber Network Advises Removal of Funds Amid Potential Vulnerability

Kyber Network, the developer of the Kyberswap Elastic decentralized crypto exchange, has announced a potential vulnerability in the exchange’s contracts. While no funds have been lost, the devel...

US Authorities Coordinating To Suppress Price of Bitcoin Before Hyper Inflation Takes Off: Macro Investor Luke Gromen

Macro investor Luke Gromen says it US authorities are likely attempting to control the price of Bitcoin (BTC) ahead of the possibility of hyperinflation. In an interview with Peter McCormack on the Wh...

Hester Peirce the SEC voice of reason against crypto witch…

SEC Commissioner Hester Peirce is continuing to express her dissent at what her regulatory agency is doing to crypto under the charge of Chairman Gensler. A regular dissenter On several occasions now ...

Polygon Price Out from Long-Consolidation Forcast a 15% Rise

Published 21 mins ago MATIC Price Prediction: For the past six weeks, the MATIC price resonated in a sideways trend indicating an indecisive sentiment among traders. However, this consolidation respon...