Nvidia Corp. is giving up on its attempt to acquire chip designer Arm Ltd. from Softbank Group Corp., according to a report Monday. Nvidia NVDA, +1.68% agreed to acquire Arm for $40 billion in cash an...
Tag: report
Mitsubishi UFJ Trust to Issue a Stablecoin to Accelerate Settlement Processes: Report
The financial services company – Mitsubishi UFJ Trust – hopes to enhance its transaction system by utilizing blockchain technology for trading and a cryptocurrency for payments. As such, it will creat...
Coinbase, FTX and Crypto.com All Dishing Out Millions for Super Bowl Ads: Report
Some of the world’s biggest crypto exchanges are paying millions of dollars for TV advertisements during the Super Bowl. According to a report from The Wall Street Journal, crypto exchanges Coinbase G...
North Korea Funds Missile Programs With Stolen Crypto (UN Report)
The United Nations (UN) accused North Korea of stealing cryptocurrencies worth millions of dollars. Moreover, the report added that the totalitarian Asian state employed the stolen assets to fund miss...
North Korea develops nuclear missiles, profit from cyber-attacks, -UN report
TL;DR Breakdown A report from the UN reveals North Korea has been responsible for enormous cyberattacks. North Korea is said to have used the money accumulated to develop nuclear weapons. The cyber at...
Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportuni...
Report: North Korea funded missile program using stolen crypto
A report submitted to the U.N. Security Council shows that North Korean cyber actors have stolen millions of dollars from crypto exchanges. The report stated that funds gotten from these cyberattacks...
Tesla’s Bitcoin Strategy Is Working, Annual Report Suggests
In brief Tesla first revealed it bought Bitcoin almost exactly one year ago. The company’s annual report shows the overall financial return has been worth it so far. On Tuesday, it will be one y...
Bitcoin Forming a Price Floor on Its Way to $100,000: Bloomberg Report
Bitcoin (BTC) is likely forming support above the $40,000 level en route to breaking the six-figure mark, according to Bloomberg commodities analysts. In its latest “Crypto Outlook” report, Bloomberg ...
Cycling Team Qhubeka Abandoned by Crypto Sponsor NextHash: Report
The professional cycling team Qhubeka-NextHash has been abandoned by its cryptocurrency sponsor, as cyclists and staff haven’t been paid since October, first reported by Velo News. Back in June, NextH...
North Korean Nuclear Weapons Program Financed in Crypto: Report
North Korea’s nuclear and ballistic missile programs rely heavily on revenue from cyberattacks and cryptocurrency exchanges, according to a United Nations report seen by Reuters. “According to a memb...
North Korea Targets Crypto Exchanges to Fund Missile Programs: UN Report Reveals
North Korea stole more than $50 million in cryptocurrency between 2020 and mid-2021 to fund the country’s missile programmes, an excerpt from a United Nations report stated. The North Korean cyb...
UN Report Says North Korea Funding Missile Program With Stolen Crypto
A confidential UN report states that North Korea has been funding its nuclear and ballistics missile program through cryptocurrency stolen from exchanges. The report says that the country has stolen a...
Dow Jones, the S&P 500, and Nasdaq price forecast after positive U.S. job report
Wall Street’s three main indexes advanced on Friday as the U.S. job market surprised so much to the upside, and investors ignored geopolitical turmoil and Federal Reserve tightening concerns. The U.S....
Crypto Users and Exchanges Must Now Report Transactions in Colombia – Emerging Markets Bitcoin News
The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia. The transact...
CoinGecko report shows Canadian investors are not interested in meme coins
Cryptocurrencies are trending in Canada, as per a recent report released by CoinGecko. However, unlike the trend in other countries, Canadian investors have shown less interest in meme coins. The Coin...
England’s Manchester United Set to Unveil Tezos Blockchain Shirt Sponsorship, Report – Blockchain Bitcoin News
Tezos blockchain has reportedly agreed to a training kit sponsorship with Manchester United in a deal that will see the latter receive over $27 million per year. This deal adds to Tezos’ growing list ...
Chainalysis report finds most NFT wash traders unprofitable
Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyro...
Cryptocurrency Theft Remains Key Revenue Source for North Korea, UN Report Says – Bitcoin News
Cyberattacks on cryptocurrency exchanges have been a major source of funds for North Korea in the past year, a United Nations report has unveiled. According to the document, the sanctioned nation has ...
US Fed and MIT University published a joint Technical Research report for US CBDC
In the current time where blockchain and cryptocurrency uses are at a peak and showing the trend only to move more upwards, countries across the globe are considering taking advantage of it China is a...
Russian Government to Present Regulatory Scenarios for Cryptocurrencies Within a Week, Report – Regulation Bitcoin News
The federal government of Russia should be ready with different regulatory scenarios for the country’s crypto market by the end of next working week, documents from a recent meeting have indicated. Th...
Stocks rise after jobs report shows surprise jump in payrolls
Stocks shook off earlier losses to mostly rise Friday afternoon even as investors viewed a much stronger-than-expected jobs report as bolstering the case for the Federal Reserve to continue down its m...
JPMorgan Asset Management Chief Slams Bitcoin in ‘Maltese Falcoin’ Report
Bitcoin’s lofty valuations are the “stuff that dreams are made of.” So says Michael Cembalest, J.P. Morgan Asset & Wealth Management’s chairman of market and investment strategy, in a report that ...
Myanmar’s military government considers launching digital currency: Report
The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help the local ...
Peloton Stock Leaps 28% Following Report Amazon Considering A Bid
Topline Peloton Interactive shares surged 28.42% to $31.67 in after-hours trading Friday after the Wall Street Journal reported Amazon is considering acquiring the exercise equipment maker, which has ...
Peloton stock shoots more than 30% higher after report of Amazon acquisition interest
Peloton Interactive Inc. PTON, +1.44% shares jumped more than 35% in after-hours trading Friday after a report that potential acquirers including Amazon.com Inc. AMZN, +13.54% are sizing up the exerci...
The Jobs Report Reveals a Booming Labor Market. Here’s Where Interest Rates Are Headed.
Text size President Joe Biden speaking about the January jobs report. Saul Loeb/AFP/Getty Images Good news for Main Street, not so good news for Wall Street. Once again, a booming labor market is like...