While critics use the bear market as an opportunity to pounce on crypto and belittle its value, some projects take this chance to develop and launch industry-disrupting platforms on the blockchain. I...
Tag: Companies
FTX CEO Says His Company Still Has A Few Billions To Save Troubled Crypto Companies ⋆ ZyCrypto
Advertisement     Sam Bankman-Fried has a bounty enough to go around for struggling crypto firms. The crypto billionaire has already given a lifeline to BlockFi and Vo...
Exercise Your Portfolio With These Three Athleisure Companies
. Athleisure Stocks Recent News Over the past few years, athleisure clothing has started to gain popularity. Athleisure is a popular category because it taps into several broad trends, including a glo...
Italy Reserves $46 million For Companies To Do Blockchain Research
Italy announces a decree under which it has dedicated $46 million for companies who seek to build subsidiaries and research blockchain. Initiatives regarding IoT, AI and any blockchain will be conside...
Top 6 Smart Contract Audit Companies in The World in 2022
On June 24, 2022, Horizon, the cross-chain bridge between Ethereum and Harmony, was attacked with a loss of approximately $100 million. On April 17, 2022, the algorithmic stablecoin project Beanstalk ...
Nvidia, Intel, Other Semiconductor Companies Slash Earnings Outlook Following Notable Macroeconomic Factors
Nvidia expects to sell significantly fewer semiconductor chips after the crypto winter and inflation reduced global demand. Nvidia Corporation (NASDAQ: NVDA) and several other semiconductor companies,...
As Other Companies Discontinue Withdrawal, CoinLoan Reduces Limits to $5,000 per Day
While CoinLoan makes temporary changes to the withdrawal limit, the lending company assures customers of the security of their assets. Crypto lending platform CoinLoan has announced temporary changes ...
Nvidia Sees Crypto Mining Demand Cooling, Semiconductor Companies Slash Earnings Forecasts
The crypto bear market and declining demand for crypto mining chips have caused semiconductor companies to batten down the hatches. Bank of America analysts say that semiconductor downturns happen eve...
Intel Ships Blockscale ASIC Chips To Selected Bitcoin Mining Companies
It’s official, Intel is part of the bitcoin mining business. The gargantuan technology company announced its “ultra-low-voltage energy-efficient” ASIC chip barely six months ago, and it’s already here...
Chinese Companies Will Verify Identities For NFT Purchases
Per a report from the South China Morning Post, Chinese private companies implemented an initiative to de-anonymize non-fungible token (NFT) trading. Called “Self-Discipline Initiative”, major compani...
Binance Has The Largest Cash Reserves And Wants To Bail Out 50 Companies Going Through Crypto Bear Market ⋆ ZyCrypto
Advertisement     Binance’s CEO reveals that the exchange has a large cash reserve despite the reversal of fortunes in the market. The exchange disclosed that it will ...
FTX CEO denies interest in crypto mining companies
The founder and CEO of the FTX cryptocurrency exchange has denied reports that the company is looking at the acquisition of mining companies stressed by the ongoing market conditions. This comes after...
Public companies holding Bitcoin face impairment losses amid market crash
MicroStrategy, Tesla, and other public companies holding Bitcoin face significant impairment losses as Bitcoin (BTC) closed the second quarter below $19,000. MicroStrategy BTC holding down 58% Accordi...
Zambia’s first YC-backed startup enables companies to generate virtual cards — Quartz Africa
The rise of e-commerce on the continent, plus greater access to global supply chains, presents enormous upside for both buyers and sellers. But taking advantage of that upside still often requires acc...
SBF denies FTX is eyeing distressed crypto mining companies
Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on Saturday that t...
Acquisition of distressed BTC mining companies can prevent fears
The corporate executive concerns a contagion may unfold from crypto mining corporations with loans collateralized with their mining rigs that have since born in value. FTX CEO SAM Bankman-Fried is re...
June Jobs Data, FOMC Minutes, Levi’s Earnings, and More for Investors to Watch This Week
Text size Uncredited The stock market will be closed on Monday for Independence Day. It will be a light week on the earnings calendar once investors return, but with plenty of notable economic release...
What Could Be Ahead for Tesla in the Next Six Months
Text size Tesla CEO Elon Musk recently referred to his company’s two new automotive plants as “gigantic money furnaces.” Sean Gallup/Getty Images How many cars Tesla would deliver in...
Buffett’s Berkshire Hathaway Buys More Occidental Petroleum Stock
Text size Warren Buffett hip Somodevilla/Getty Images Berkshire Hathaway continued to buy more shares of Occidental Petroleum in recent days, purchasing a total of about $580 million of stock on Wedne...
Nexo claims “smear campaign” ignores its attempts to aid insolvent companies
CryptoSlate spoke to Nexo co-founder Antoni Trenchev regarding Nexo’s decision to increase insurance to $775 million, its moves to offer aid to struggling crypto firms, and the recent allegations clai...
SBF says FTX could acquire distressed BTC mining companies to prevent contagion fears
FTX CEO Sam Bankman-Fried is reportedly turning his attention to the crypto-mining industries with the possibility of acquiring distressed mining firms, Bloomberg News reported. This is coming after F...
FTX CEO Sets His Sights on Acquiring Distressed Mining Companies Next
FTX billionaire Sam Bankman-Fried is eyeing distressed mining companies as potential acquisitions next after extending a credit line to BlockFi. The CEO of the exchange wants to stem the contagion aff...
Financial Companies Report First Deal With Digital Assets Under Russian Law – Finance Bitcoin News
Two companies have carried out Russia’s first transactions with digital financial assets as defined by the country’s current legislation. The deal involved the tokenization of debt issued by a third p...
The S&P 500 Had Its Worst First Half Since 1970. What the Second Half Holds.
The S&P 500 has posted its worst first half of a year since Richard Nixon’s presidency, and many investors worry it has yet to hit bottom. In the first six months of 2022, the widely followed larg...
Binance.US CEO Predicts More Cryptocurrency Companies Will Liquidate in Coming Months
Following Terra’s failure, Binance US CEO Brian Shroder predicts that other cryptocurrency companies will be liquidated in the upcoming months. However, he also describes two cryptocurrency initiative...
Crypto Market is CRASHING and These Companies Collapsed
It’s months since the crypto market saw its first price crash in 2017-2018. In fact, the mainstream media worked to freak out individuals ever since 2020 when the Crypto Market was still at its bottom...
Indian Crypto Companies Migrate Amidst Unclear Regulations
The crypto industry has been wobbling under severe volatility, India out of all the countries has been affected considerably. With rigorous clamping down of the digital asset space, which also include...