A garment factory that reopened after being closed due to the Covid-19 pandemic. AFP via Getty Images Nearly a decade after the Rana Plaza disaster in Bangladesh, where 1,321 factory workers were kill...
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Tether (USDT) Hits Back against Media Misinformation – crypto.news
Tether is asserting that Bloomberg is misinforming the public about USDT. The established publication has been targeting the issuer of USDT, the world’s largest stablecoin by market cap, with a slew o...
El Salvador Development Bank Refuses to Release BTC Records
El Salvador’s Anti-Corruption Legal Advisory Center (ALAC) has criticized the government for lack of transparency around Bitcoin accounting. Latin American nation of El Salvador became the first count...
This is Why Binance Invested In Elon Musk Led Twitter Deal
Tesla CEO and the world’s wealthiest entrepreneur began the bid to acquire the social media platform Twitter on April 14, 2022. When Elon Musk became part of the Twitter board of directors, he propose...
In A Nod To Justin Fields, Bears Pay High Price To Add Chase Claypool
MINNEAPOLIS, MINNESOTA – DECEMBER 09: Chase Claypool #11 of the Pittsburgh Steelers catches a pass … [+] over Patrick Peterson #7 of the Minnesota Vikings during the third quarter at U.S. ...
Qualcomm Stock Is Near an All-Time Low Valuation. Look Beyond the Short-Term.
Investors should look beyond Qualcomm’s short-term financial results when the maker of mobile processors and 5G wireless chipsets reports earnings Wednesday, a Bernstein analyst says. Qualcomm (ticker...
Elon Musk Says Twitter to Charge $8 per Month for Blue Checkmark Verification — Plans to Reward Content Creators – Bitcoin News
Tesla, Spacex, and Twitter boss Elon Musk has decided to charge $8 per month for users of the social media platform to have a blue checkmark. “This will also give Twitter a revenue stream to reward co...
GameStop Comes up With NFT Platform on ImmutableX
GameStop launches NFT marketplace on ImmutableX. The company joined forces with FTX in September 2022. GME stock was trading at the market value of $28.88. ImmutableX NFTs on GameStop Gaming ind...
Bitcoin Mining Firm Digihost Remains Debt Free Amid Bearish Market
Many Crypto and Bitcoin mining firms have recorded huge losses in 2022 due to the ongoing bear market and extreme economic conditions. As a result, some have packed up, while others declared bankruptc...
From Elon Musk’s Twitter To Clarence Thomas’s Supreme Court
An excerpt from this week’s CxO Newsletter. Click here to sign up, and have a great week. Supreme Court Justice Clarence Thomas, shown with wife Virginia, benefitted from Black students getting specia...
Setting rules for centralized exchanges
Centralized cryptocurrency exchanges have become the backbone of the nascent crypto ecosystem, making way for retail and institutional traders to trade cryptocurrencies despite a constant fear of gove...
AMD, Seagate and EY join Decentralized Storage Alliance
Decentralized Storage technology is a disruptive tech based on Blockchain. Protocol Labs unveiled the consortium of companies on October 31st. Microsoft and Amazon are some of the big names in the dat...
XRP Ledger Now Supports NFTs
Alex Dovbnya XRP Ledger now has native NFT support following implementation of XLS-20 standard David Schwartz, Ripple’s chief technology officer, has announced that the XLS-20 amendment has been activ...
Crypto Miner Consolidation Imminent as Some Industry Players Struggle
As more miners report dire financial pressures tied to low crypto prices, high energy costs and debt, a pickup in consolidation is inevitable, industry watchers said. After Core Scientific revealed i...
Amazon’s stock reverses lower toward a 5th-straight drop, toward a 2 1/2-year low
Shares of Amazon.com Inc. AMZN, -5.52% sank 5.2% in midday trading, reversing an earlier intraday gain of as much as 2.1%, to put them in danger of a fifth-straight loss. The stock has tumbled 19.44% ...
Magic Square Rebrands Its Ultimate Web3 Affiliate Network into Magic Boost
– Advertisement – Limassol, Cyprus, 1st November, 2022, Chainwire Magic Square, the community-driven Web3 App Store, announced today the rebranding of its leading affiliate network as Magi...
Nearly 100% of Institutional Investors Say One Crypto Use Case Will Revolutionize Asset Management: BNY Mellon
A survey commissioned by the Bank of New York Mellon (BNY Mellon) is showing that tokenized products are highly popular among institutional investors. The survey, which polled 271 institutional invest...
FIFA+ Collect Invites Football Fans to “Own It, Win It, Live It” With VIP Experience Giveaways to FIFA World Cup Qatar 2022™
Every Pack Purchase on the Official FIFA Digital Collectibles Platform Offers Automatic Entry Into Global Programme, Now Through 20 November ZURICH & BOSTON–(BUSINESS WIRE)–#FIFAWorldCup—FIFA+ Col...
Nets Fire Steve Nash As Team Weathers Antisemitic Kyrie Irving Posts
Topline The Brooklyn Nets fired their head coach Steve Nash, the team announced Tuesday afternoon, ending a disastrous two-year tenure for Nash, bookended by another team controversy as star point gua...
Conservative Cardano Prediction for 2023
The year 2022 was a boring year for Cardano. ADA prices sank from a high of $1.3 to a low of $0.3, losing more than 76%. However, the crypto market is starting to rebound. Since last week, the crypto ...
The world’s top stock strategist called markets’ unexpected October rally—what he sees coming next isn’t as pretty
After a dismal start to the year, the Dow Jones industrial average just capped off its best month since 1976, defying the forecasts of many Wall Street analysts. But not all. The world’s top stock mar...
MakerDAO Co-Founder Dies Days After Tweets of Sex Trafficking by the CIA
Nicolai Arcadie, Michigan, co-founder of the popular decentralized finance (DeFi) stablecoin issuer MakerDAO, reportedly died last week in an undisclosed hospital in San Juan, Puerto Rico. MakerDao C...
Bitcoin jumps 6% while DXY and gold post negative returns
After two consecutive red months, Bitcoin posted a 6% increase in October. The volatility that wiped out billions from the market devastated Bitcoin’s price in June and led to a shaky summer with litt...
SBF criticizes Hong Kong’s license regime as the government consults the public on retail crypto investment
Sam Bankman Fried calls Hong Kong crypto regulations “classist.” Hong Kong is seeking public opinion on allowing retail investors crypto access. SBF and other investors are skeptical of Hong Kong’s re...
MicroStrategy Posts Modest $727K Bitcoin Impairment Charge
Key Takeaways MicroStrategy reported $727,000 in impairment losses on its Bitcoin holdings in the third quarter of 2022. The company’s Bitcoin impairment losses were considerably higher in other...
Ripple Helps Bring New Euro-Pegged Stablecoin to XRP Ledger
The team behind the largest euro-backed stablecoin is announcing integration with Ripple Lab’s XRP Ledger (XRPL). In a new blog post, Stasis, the company behind STASIS EURO (EURS), says they have comp...
U.S. Treasury sweetens the pot on I-bonds by adding a fixed rate
After record-breaking sales of I-bonds in October, the U.S. Treasury is dangling another good deal in front of savers for the next six months. Starting Nov. 2, when I-bonds will be available again af...