Only seven months after it launched its digital wallet Novi, Mark Zuckerberg’s Meta (NASDAQ: META) has announced its retirement as of September 1, 2022, due to regulatory roadblocks, but this doesn’t ...
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Polygon Climbs 20% On Disney Glee
MATIC, the native token of Polygon, is the highest performing cryptocurrency in CoinMarketCap’s top 50 list by market capitalization over the past 24 hours, with gains of about 20%. MATIC reached its ...
JPMorgan Q2 results: ‘I found the release very discouraging’
JPMorgan Chase & Co (NYSE: JPM) is down 3.0% on Thursday after the largest U.S. bank reported weaker-than-expected quarterly profit in the face of geopolitical tensions, inflationary pressures, an...
Celsius reportedly filing for bankruptcy ‘imminently’
Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual United States state regulators as of Wednesday. The news was reported by ...
M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus
U.S. economy recorded 9.1% inflation in June, a new 40-year high. Will policy makers look for even more aggressive measures to tame inflation, and how would this affect crypto markets? Plus, Jeff Kara...
Wilder World (WILD) Price Up 22% Amid Moto Genesis NFT Collection Launch » NullTX
As cryptocurrency markets continue to trade sideways, with Bitcoin and Ethereum prices managing to hold support, Metaverse crypto coins continue to build their ecosystems and remain a popular crypto c...
Ripple Enters Morocco Through Attijariwafa’s New Partnership Deal
Tomiwabold Olajide Ripple extends RippleNet services into Morocco via Attijariwafa’s new partnership deal Ripple is expanding into Morocco as Thunes, a global cross-border payments company, has ...
Ethereum price analysis: ETH swiftly spikes to $1,000, reacts above $1,100
Ethereum price analysis is bullish today as we have seen a strong reaction higher from the last spike lower. Therefore, bulls will likely take a pause over the next hours before another push higher is...
Can Crypto Address the Biggest Obstacle Facing the Unbanked?
Research has found that only 16% of unbanked Americans cite a distrust of banks as their primary concern The minds behind Wallex believe that crypto can help the unbanked through blockchain-driven neo...
Crypto Recruiter Inflection Points Raised Over $12 Million Fundings
Like the crypto market’s ups and downs, hiring in the crypto sector also experiences similar booms and bows, Anthony Pompliano. Crypto hiring firm – Inflection Points has successfully made...
Will Celsius Bankruptcy Filing Safeguard It From Crashing Down?
3 hours ago | 2 mins read Exchange News Celsius filed the Chapter 11 bankruptcy protection. Chapter 11 allows a company to continue operating while restructuring its debt. After a month of turbulence...
Gain 11.3% on surge in energy costs
Inflation hit hard at the wholesale level in June, as producer prices surged a near-record amount from a year ago due to a big jump in energy costs, the Bureau of Labor Statistics reported Thursday. T...
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin (BTC) hashrate dropped to as low as 159.41 exahashes per second (EH/s) on July 13, its lowest in five months, as Texas-based miners were forced to go offline. According to data from BTC.com, t...
Toyota Reaches Tax Credit Phaseout, GM Refunds Bolt Price Cuts To Current Owners
Toyota’s bZ4X electric vehicle is coming for 2023; unfortunately it won’t be eligible for the full … [+] federal tax credit granted to EV buyers. © 2022 Bloomberg Finance LP Though t...
Celo Grinds to a Halt, Validators “Working to Restart the Network”
Key Takeaways The Celo blockchain has been down for more than 13 hours. In reporting the network outage on Twitter, Celo said that “validators are working to restart the network.” Celo has...
TSLA is losing market share despite rising demand for EVs
Demand for electric vehicles (EVs) is apparently heating up; however, not all brands are fully benefitting from the increased interest. Namely, according to data released by Motor Intelligence, Tesla ...
Celsius Recovers Over $400M in Staked Ethereum Collateral From Aave Loan
The struggling crypto lending platform Celsius has nearly cleared all of its outstanding DeFi debt after recovering 400,000 collateralized Staked Ethereum (stETH) from its loan on Aave. The withdrawal...
Bitcoin Steady While Stocks Fall – Trustnodes
Bitcoin is holding to gains with it up in the past 24 hours by 2.6% while stocks fall some more as Nasdaq drops 1.7%. Both Dow and S&P fell by even more on opening, down circa 2%, ostensibly on di...
The NFT Collection Advocating for Wellness & Positivity
Place/Date: Singapore – July 13th, 2022 at 6:41 pm UTC · 6 min read Contact: Peter Lee, Source: MandalaFON The MandalaFON Launch Event at the Sheraton Towers. Photo: MandalaFON Shambhala Kodo, a...
Crypto’s Richest Billionaire Says Banks Should Be More Involved With Digital Asset Industry
The CEO of the world’s largest crypto exchange platform is advocating for banks to play a larger role in the development of digital assets. Binance chief executive officer Changpeng Zhao says banks se...
JPM Stock, Morgan Stanley Dive After Missing Q2 Views
JPMorgan (JPM) and Morgan Stanley (MS) reported second quarter financial results before market open Thursday that were well below analyst expectations. JPM stock dropped nearly 5% after the opening be...
NY Yankee Pitcher Nestor Cortes Release NFT Collection on ReserveBlock RBX Network
MLB All-Star and NY Yankee Pitcher Nestor Cortes, aka “Nasty” Nestor, announced today that he will be releasing his exclusive NFT collection on the ReserveBlock Foundations RBX Network protocol. A por...
UK courts allow NFTs documents as evidence
The High Court of England and Wales recently enabled the delivery of court documents via NFT using the Blockchain network. This measure was taken for the trial “D’Aloja v. Binance” to give privacy to ...
Inflation continues to rise – The Cryptonomist
New inflation data compiled by the Bureau of Labor Statistics are out and they are not at all reassuring. Inflation shakes markets The US CPI figure reaches 9.1%, surpassing Bloomberg analysts’ forec...
Phishing Attack Alert- $4.7 Million Stolen From The Uniswap Protocol
Hacks and accidental loss of funds have become considerably common in the blockchain industry in recent months. Millions of dollars are stolen from various projects by exploiting bugs found in their c...
Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify
Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a ...
Here’s Why Celsius Users Might Never Get Repaid Post Bankruptcy Filing
Celsius, a crypto lender, halted its operations without prior notice on June 14 and has now filed Chapter 11 bankruptcy with the US Bankruptcy court. The insolvent firm currently has $167 million wort...
JPMorgan (JPM) 2Q 2022 earnings miss
JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO Jamie Dimon&...
Bitcoin and ether see major price swings following US inflation report
Bitcoin and Ethereum whipsawed on Wednesday following a red hot inflation report of 9.1%. Bitcoin briefly jumped above $20,000 initially following the report, before plunging as low as $19,046 (and be...
Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests
The crypto community has been waiting with bated breath for Bitcoin (BTC) to make the next move based on the consolidation around the $20,000 zone. Market analyst Ali Martinez believes that a signifi...