(Bloomberg) — Warren Buffett demonstrated he’s still bullish on U.S. retail banking — but not on Wells Fargo & Co. Most Read from Bloomberg The billionaire investor ended his long-runn...
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Walk Or Cycle Instead Of Driving, Urges Ford Boss
Stuart Rowley, president of Ford Europe.. (Photo by Paul ELLIS / AFP) (Photo by PAUL ELLIS/AFP via … [+] Getty Images) AFP via Getty Images Spearheading a “park the car” campaign Ford Europe pre...
Algorithmic Stablecoin From DEUS Finance Loses Dollar Peg, Plunging 30%
DEI, a hybrid algorithmic stablecoin from the DeFi protocol DEUS Finance, lost its dollar peg on Sunday, according to data from CoinMarketCap. The DEI stablecoin currently trades at $0.66 after recov...
Verizon Joins AT&T in Raising Wireless Prices as Inflation Bites
(Bloomberg) — Verizon Communications Inc. will raise prices on its wireless bills for the first time in two years as the largest US wireless carrier grapples with higher costs. Most Read from Bl...
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Coinotizia
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...
Terra’s Bitcoin Reserves Were Sent to Binance and Gemini
Elliptic published a blog post that summarizes where the bitcoin was sent LFG’s bitcoin wallet also interacted with this address which also has an oxt.me annotation Terra Luna Price at the time of wr...
After Terra’s UST, This Stablecoin Loses it’s Peg.What’s The Future Of Stablecoins? – Coinpedia – Fintech & Cryptocurreny News Media
The crypto economy was under complete volatility for the past few weeks, but the space faced had the worst one after one of the largest stablecoins, TerraUSD (UST) de-pegged from its $1 value. After U...
Deandre Ayton And Phoenix Suns Could Work Together Through Divorce
NEW ORLEANS, LOUISIANA – APRIL 22: Deandre Ayton #22 of the Phoenix Suns shoots against Jonas … [+] Valanciunas #17 of the New Orleans Pelicans during Game Three of the Western Conference ...
Grayscale Debuts First European ETF
Grayscale Investments has announced the launch of its first exchange-traded fund (ETF) product in the European Economic Area. According to a press release published by the firm, the new ETF product is...
Global Watchdogs to Regulate Stablecoins Following TerraUSD (UST) Fiasco
The catastrophic failure of Terra’s algorithmic stablecoin, TerraUSD (UST), last week exacerbated the chaos in the crypto industry and accelerated plans to regulate the stablecoins market. Following t...
Tron DAO Reserve Acquires Millions in TRX
Tron DAO Reserve has continued to purchase large quantities of digital assets Bitcoin, and Tether to Safeguard USDD The USDD stablecoin has a market valuation of around $272.36 million Seven days prio...
Cyptopunks: Despite 560% spike in sales volumes, why’s there fear in the air
In March, Yuga Labs, the creators of the Bored Ape Yacht Club announced the acquisition of CryptoPunks. CryptoPunks have captured plenty of attention- thanks to endorsements from celebrities and athle...
Dow Jones Rises; Donald Trump SPAC Surges; Twitter Stock Sees Elon Musk Gains Vanish
The Dow Jones Industrial Average moved higher despite mixed broader trading. Twitter (TWTR) saw accrued gains evaporate amid rising fears over the takeover bid tabled by Tesla (TLSA) CEO Elon Musk. Th...
LUNA Founder Faces Community Backlash Over LUNA Revival Plan; Here’s Why DoKwon Facing Community Wrath Over IUNA Revival Plan
Many crypto giants including Binance CEO, CZ had earlier expressed their disapproval over the Terra forking plan. Do Kwon has however decided to take the lone path by putting forward a proposal for th...
Alleged Gunman In Deadly California Church Shooting Fueled By Hate For Taiwan, Police Say
Topline A man accused of carrying out a deadly shooting at a church in Southern California on Sunday was fueled by hatred for Taiwanese people, authorities said Monday. Orange County Sheriff Don Barne...
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Regulation Bitcoin News
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...
Billionaire George Soros Ditches GM
If it were up to iconic investor and short-seller George Soros to pick the winners of automotive electrification, General Motors (GM) – Get General Motors Company Report would have a lot to wor...
Big-Money Investors Who Boosted Bitcoin’s Price Might Now Crash It
“Client interest [is] concentrated more heavily onto the two main crypto assets, BTC and ETH,” analysts at data provider VandaTrack wrote, according to the newspaper. ETH stands for ether, the native ...
Twenty One Pilots’ Josh Dun On The Journey Taken With The Band’s ‘Cinematic Experience’
Twenty One Pilots drummer Josh Dun on the set of the May 2021 livestream that has now become a … [+] theatrical event. Mason Castillo Almost a year to the day after Twenty One Pilots dropped the...
Dogecoin “Proof of Assets” to Arrive on Binance: Details
Tomiwabold Olajide Dogecoin remains one of the most used smart contracts among the top 1,000 BSC whales in the last 24 hours According to DogeDesigner, a UX/UI specialist and graphic designer at Dogec...
Warren Buffett Buys Stocks On the Dip
Billionaire Warren Buffet has been acquiring stocks on the dip during the recent market downturn and bulking up his stakes in oil companies such as Occidental ( (OXY) – Get Occidental Petroleum ...
Fantom-based DEI Stablecoin Loses Peg to Dollar, Falls 34% in Last 7 Days
33 mins ago | 2 mins read Editors News The lack of liquidity was attributed in part to traders fleeing stablecoin pools. DEI’s price was $0.67 yesterday, down 31.9 percent in the last 24 hours. Stable...
Luna Foundation Guard Allegedly Gave Whales ($2.7 Billion) Exit Door Before Collapse
Following the cataclysmic meltdown of the Terra ecosystem last week, the Luna Foundation Guard (LFG) has been accused of bailing out UST whales with its bitcoin trove before the project came crashing ...
South Korea’s President Faces Retaliation Over New Crypto Policies – crypto.news
New policy announcements by the South Korean government have been met with skepticism from part of the crypto community in the country. Some voices, which had previously lauded the South Korean Presid...
Bitcoin Has No Future as Payment Network
According to Bankman-Fried, Bitcoin is very inefficient and has a high environmental cost which undermines its status as a payment network. The argument against Bitcoin with regards to its carbon emis...
LFG Unpacks Bitcoin Activity During LUNA, UST Collapse
The Luna Foundation Guard (LFG), the non-profit organization overseeing the Terra ecosystem, said that its Bitcoin reserves dropped by more than 80,000 BTC over the last week. Per LFG’s Twitter thread...
Automotive Engages in First Car-for-Crypto Sale
BTCs volatility may not be fair for transactions BTC price at the time of writing – $29,809.25 It’s market cap is up by 1% over the past 24 hours Assuming you’re in Ohio, Kentucky, or Indiana and you ...
Traditional Finance is Getting Richer. DeFi Can Provide a Fairer World
Traditional finance is gloating as cryptocurrencies crash. But there’s so much more to cryptocurrencies and decentralized finance than just dips and highs. Here’s why the blockchain has the potential ...
Abbott Strikes Deal With FDA To Reopen Baby Formula Plant At Center Of National Shortage
Topline Abbott Laboratories has reached an agreement with the Food and Drug Administration to reopen its baby formula plant in Sturgis, Michigan, the company announced Monday, raising hopes that a nat...
SoFi shares have taken too heavy a beating ahead of ‘significant earnings momentum,’ analyst says
SoFi Technologies Inc. shares have taken too much of a beating, according to a Piper Sandler analyst who upgraded the stock Monday. Piper Sandler’s Kevin Barker said in a Monday note to clients that t...