Goldman Sachs is introducing a framework designed to set standards in the crypto assets market by classifying digital coins based on their primary use and underlying protocol. In a statement, the Wall...
Tag: giant
Little-Known Altcoin Erupts 244% After Receiving Surprise Boost From Crypto Giant Coinbase
The price of a Solana (SOL)-based crypto asset is surging after getting support from US-based digital asset exchange Coinbase. Coinbase says its customers can now trade the altcoins Marinade (MNDE) an...
Litecoin Price Takes Giant Leap After Adoption News: Details
After several weeks, turning into months, of lackluster range trading below the $60 mark, Litecoin made a surprising jump above this psychological level on Nov. 2, reaching intraday highs of $62.53. 🚀...
Crypto Giant Binance Exploring Benefits of Bank Acquisition: Report
The largest crypto exchange platform by volume in the world is reportedly looking into the benefits of acquiring banks. According to a new report by Bloomberg, Binance is weighing the pros and cons of...
Payments Giant MoneyGram Enables Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) Trading on App
Payments company MoneyGram is rolling out a new service that allows consumers to buy, sell and hold crypto assets using the company’s mobile app. In a statement, the money transfer giant says the Mone...
Payments Giant Visa Partners With Crypto.com for New NFT Collection
Digital payments company Visa is auctioning soccer-themed non-fungible tokens (NFT) on digital asset exchange Crypto.com ahead of FIFA World Cup Qatar 2022. The payments giant is holding the Visa Mast...
Hedge fund giant Elliott warns looming hyperinflation could lead to ‘global societal collapse’
“Investors should not assume they have ‘seen everything’” That was from executives at leading hedge fund Elliott Management, who warned that the world is heading towards the worst financial crisis sin...
NFT Giant Dapper Labs Lays off 22% of Staff Citing Macroeconomic Environment
Web 3 companies are feeling the crunch of a bear market. The latest one to announce slashing its team size to cope with the deteriorating economic conditions is NFT powerhouse Dapper Labs. Citing the ...
Bitcoin Hashrate Record All-Time High Giant Oil Companies Become Leading BTC Miner
Bitcoin hashrate has reached an all-time high since 2022. The increasing hash rate of bitcoin is troubling miners and mining companies. On the other hand, the surging hash rate is helping electricity ...
S&P 500: 9 Giant Stocks Now Pay Out More Than Treasury I Bonds
Treasury I bonds used to be the best place going to get a big yield. But now they’re getting a run for their money. X Tuesday, the Treasury slashed the sky-high yield on Treasury I bonds, also c...
No IPO But Online Giant Shein To Open Tokyo Store This Month
After pop-ups in the U.S., Mexico, the U.K., France, Spain and Japan, Shein is to open a permanent … [+] store in Tokyo. (Photo by David M. Benett/Dave Benett/Getty Images for SHEIN) Dave Benett...
South African grocery giant ‘Pick n Pay’ intends to accept Bitcoin in all stores nationwide
Pick n Pay, one of South Africa’s largest supermarket chains, is set to allow its customers to pay for items in all its stores using Bitcoin (BTC). According to South African-based tech news outlet Te...
Bitcoin Mining Giant Argo Blockchain Gets Negative Cash Flows And Stock Price Dips
Though the crypto winter seems to be over, its impact on Bitcoin and the crypto market still lingers. Several crypto-related firms have gone down the drain over the pressure in the market. Some are st...
Mortgage Giant Rocket Plunges Back to Earth, Hit by Rising Rates
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Banking Giant Morgan Stanley Says Bitcoin (BTC) and Crypto Adoption Among Institutions Slow To Pick Up: Report
Banking giant Morgan Stanley says that blue-chip investors are reportedly lagging behind in terms of investing in Bitcoin (BTC) and crypto. According to a new report by the Financial Times, strategist...
Brazil Stocks: Oil Giant Petrobras Falls After Lula Beats Bolsonaro
Brazil stocks dropped broadly early Monday after the country’s leftist former president, Luiz Inácio Lula da Silva won Sunday’s runoff presidential election, narrowly defeating right-wing ...
Arizona Attorney General Tells ‘60 Minutes’ Election Deniers Are ‘Clowns’ Engaged In ‘A Giant Grift’
FILE – In this Jan.7, 2020 file photo Arizona Attorney General Mark Brnovich speaks at a news … [+] conference in Phoenix. Brnovich is running for the U.S. Senate. Brnovich’s announc...
Automobile Giant General Motors (GM) Halts Twitter Ads
Bitcoin News Several advertisers have threatened to pull their money if Trump’s ban is revoked. GM is a direct rival of Elon Musk’s Tesla electric vehicle startup. Twitter has come under assault from ...
Ava Labs Partners With Japanese Giant to Launch Web3 Game
On Thursday, October 27, Ava Labs announced its strategic partnership with BLRD, a subsidiary of the Japanese gaming house, with a plan to launch the first Web3 game in 2023. GREE has been an active p...
Bitcoin Mining Giant Core Scientific on the Brink of Bankruptcy
Bitcoin mining giant Core Scientific in a filing with US Securities and Exchange Commission informed that they are halting all debt payments. A leader in blockchain infrastructure – Core Scientific, s...
Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%
Top US-based crypto exchange platform Coinbase is expanding its suite of digital assets by adding custody support for over a dozen of Ethereum (ETH)-based altcoins. Coinbase says it’s adding 14 new cr...
Payments Giant Visa Files Trademark Application for Crypto Platform, Wallet and NFTs
One of the biggest payment networks in the world is filing a trademark application for a crypto exchange platform as well as other crypto-related products. According to new documents, payments giant V...
Shares Plunge 20% After Dismal Earnings Reveal ‘Giant Red Flag’
Topline Shares of Amazon tanked to levels unseen in more than two years in after-hours trading after the ecommerce juggernaut reported revenue on Thursday that fell short of analyst expectations—makin...
Company Behind Tech Giant Google Says Crypto Bear Market Hurt Q3 Earnings – Here’s Why
The earnings of Google parent Alphabet Inc. are slowing down in part due to problems associated with the crypto bear market. According to the search engine giant’s parent company, a decline in the pur...
Remittance Giant Western Union Plans to Venture into Crypto
Alex Dovbnya Remittance giant Western Union has filed crypto-related trademark applications after several unsuccessful attempts to form major crypto partnerships Denver, Colorado-based remittance gian...
One Small Step for Man, One Giant Leap for P2E Gaming: A Look at Dogeliens, The Sandbox, and Decentraland
Place/Date: – October 25th, 2022 at 4:49 pm UTC · 4 min read Source: Dogeliens Like anything in the cryptocurrency market, Play-to-Earn (P2E) gaming has had its share of ups and downs. Through 2...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
State Street, an investment management company, claims that despite price decreases, institutional clients continue to invest in crypto assets. According to a State Street official, “there is a belie...
Asset Management Giant Fidelity Doubles Down on Crypto With Hiring Spree of 100 Employees: Report
Financial services giant Fidelity is reportedly doubling down on digital assets by looking to expand its crypto unit. According to a new report by Bloomberg, Fidelity Investments is expanding the hiri...