Leverton said the merger will also provide opportunities for diversification, both in terms of geography and revenue streams. The collapse of FTX and crypto turmoil did not affect the merger of Hut 8 ...
News
MakerDAO community proposes Spark Protocol, details inside
Spark lend to enable the lending and borrowing of DAI. DAI has seen an increased active address in recent weeks. Dai [DAI] is among the front-runners in the stable cryptocurrency market. By market cap...
Kevin Durant Trade To Suns Shakes Up NBA Title Odds
NEW YORK, NEW YORK – APRIL 25: Kevin Durant #7 of the Brooklyn Nets reacts during Game Four of the … [+] Eastern Conference First Round Playoffs against the Boston Celtics at Barclays Cent...
Rihanna Will Limited Edition NFT Of Her Popular Song BBHMM
Rihanna, famous pop and R&B singer, is soon to launch her limited Non-Fungible Token (NFT) collection of her global hit song “B*tch Better Have My Money” (BBHMM). Rihanna’s platinum-certified song...
Enablement Could Leave you Permanently Footing the Bill for Your Entire Family
happy-multi-generation-family-talking-while-taking-a-walk-on-a-hill-SmartAsset-Sandwich-Generation-2 The recession, inflation and COVID-19 have made a bad situation worse. Financial dependency now has...
Bitcoin, Major Altcoins Explode Double-Digit as Market Reclaims $1 Trillion Cap ⋆ ZyCrypto
Advertisement     The flagship crypto has surged to levels last seen in September last year. Amid a changing sentiment, altcoins are also showing positive momentum. Bi...
Disney has more upside thanks to Bob Iger’s turnaround plan
CNBC’s Jim Cramer on Thursday said that he’s bullish on Disney after the company announced a robust restructuring and cost-cutting plan. “Disney finally feels like it’s back o...
French luxury house Hermès Wins NFT Trademark Lawsuit
After a year-long legal battle, French luxury brand Hermès wins the case against MetaBirkins’ creator. Rothschild’s MetaBirkins NFT collection was the subject of the Hermès lawsuit. The jury determine...
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC – Regulation Bitcoin News
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for ...
Deeply inverted Treasury curve narrowly misses reaching 41-year milestone
A bond-market gauge of impending U.S. recessions fell just shy of reaching its most negative reading since October 1981, when interest rates were 19% under Paul Volcker’s Federal Reserve. That gauge, ...
EMCOR Group is my kind of stock
Okta Inc: “[CEO Todd McKinnon has] got to pivot first. We mean pivot, going from loss and high growth to a little less growth and profit.” EMCOR Group Inc: “That’s my kind of s...
What is decentralized storage, and how does it work?
Businesses face several problems when storing data on-premises. There are steep technical and cost issues in scaling infrastructure up and down, and maintaining storage area networks is a challenge. O...
Treasury Yield-Curve Inversion Reaches Deepest Level Since 1980s
(Bloomberg) — US government bond investors pushed two-year yields above 10-year yields by the widest margin since the early 1980s Thursday, a sign of flagging confidence in the economy’s ability...
Lido DAO Price Analysis After Coinbase CEO’s Recent Tweet
Lido DAO surged on Coinbase CEO’s comments about the SEC. The CEO of Coinbase said the SEC might ban staking for retail customers. Lido DAO governance token noted an increase in rumors boosted by Coin...
Jim Cramer says price stability is right around the corner
CNBC’s Jim Cramer on Thursday said the Federal Reserve is closer to winning its battle against inflation than Wall Street might believe. “Price stability … is right around the corner,̶...
Celsius Faces Objection Over Its Restructuring Extension Proposal
Unsecured Creditors of Celsius have opposed the crypto lender’s proposal to extend its restructuring period. The U.S Trustee and an ad hoc group of borrowers are also objecting to the bankrupt crypto ...
Stone Tools Used By Hippo-Eating Human Ancestors Are Millions Of Years Old, Researchers Say
Topline A toolkit used by human ancestors discovered by researchers along the shores of Kenya’s Lake Victoria could be the oldest ever found, according to a study published Thursday in Science, leadin...
Russian government subsidizes Siberian crypto mining operation
The Russian government is giving incentives for crypto mining investors and $12 million in support for building a crypto mining operation in Siberia to solidify its positive disposition toward crypto ...
Tesla stock rally a ‘short covering for the ages,’ analyst says
Tesla’s stock (TSLA) has gone bananas since its early January lows, and pros say it all makes sense. The EV maker’s stock has exploded 98% to $207 from its Jan. 3 nadir as of the market cl...
SEC’s Hester Peirce Blasts Agency’s Attack on Kraken’s Crypto Staking Platform
SEC Commissioner Hester Peirce is blasting the agency’s decision to attack the cryptocurrency exchange Kraken, forcing the company to eliminate its staking program and pay a $30 million fine. In an of...
Company will cut 1,250 positions in 2023
Pedestrians walk past the News Corporation headquarters building in New York. Michael Nagle | Bloomberg | Getty Images News Corp. said Thursday it will cut about 1,250 positions, or 5% of its workforc...
Ault Alliance and Ecoark Holdings Sign Share Exchange Agreement
Agreement provides for the acquisition of BitNile.com, Inc. by Ecoark for $100 Million in Stated Value of Preferred Stock BitNile.com to launch what it believes to be the first metaverse super-app tha...
House Democrats Push To Expel Santos From Congress
Topline Five House Democrats introduced a resolution on Thursday to expel Rep. George Santos (R-N.Y.) from Congress, calling him a “serial fraudster” amid growing revelations that Santos has lied abou...
NEO price breaks out, posting 25 week high to $10.70
Ad A strong performance sees NEO touch $10.73 for the first time since August 2022. The chart below shows since the start of the new year, NEO’s price performance has largely matched that of the marke...
Coinbase Warns of ‘Staking’ Crackdown. The Stock Is Tumbling.
Text size Coinbase CEO Brian Armstrong. Patrick T. Fallon/AFP via Getty Images The CEO of Coinbase Global warned the Securities and Exchange Commission might be considering cracking down on a process ...
Ready to GHO? Aave Launches Native Stablecoin on Ethereum Testnet
Aave Companies, the firm behind the eponymously-named lending and borrowing protocol, are launching its native stablecoin GHO on the Ethereum Goerli testnet. Pronounced “GO,” the stablecoin is fully d...
Cardano ADA: Whales transactions increased, DeFi TVL doubles
On February 3, 2023, the network had 105 transactions of over $100,000. DeFi TVL on Cardano on January 1, 2023, was $48.95 million and recently was $105.61 million. The buzz around it increases when...
Can Whales Prevent a Dump?
As Ripple’s legal proceedings with the Securities and Exchange Commission (SEC) draw to a close, will XRP whales remain resilient and prevent a major price slump? Ripple (XRP) price has leaped by 16%...