Singapore-based crypto lending platform Hodlnaut has immediately halted all withdrawals, token swaps, and deposits. The company has also stopped all borrowing and lending services due to “prevailing m...
Tag: Services
Korean House Cleaning App Miso Wants To Become The Amazon Of Home Services
Miso head Victor Ching is aiming to replicate his app’s success in home cleaning to sweep up new business at home and overseas. Over the past seven years, Victor Ching has carved out a niche in the ho...
Here’s How The Major Streaming Services Are Faring So Far This Year
Topline As streaming services continue to battle for the attention—and wallets—of viewers, subscriber numbers have changed over the last few months, with Netflix on a decline for the first time in a d...
Ford’s New F-150 Lightning Truck to Get Price Hike
Updated Aug. 9, 2022 1:22 pm ET Listen to article (1 minute) Ford Motor new all-electric truck is getting a price increase fewer than four months after it started shipping to dealerships for the first...
IT giant DigitalOcean reports a decline in clients using its services to run blockchains
IT firm DigitalOcean has revealed a drop in the number of clients leveraging its Infrastructure as a service (IaaS) systems to manage blockchains, citing macro weakness. The firm’s CEO, Yancey Spruil...
Crypto Lending Firm ‘Hodlnaut’ Halts Withdrawals and Services
7 hours ago | 2 mins read Defi News The platform’s decision was attributed to current market circumstances. Hodlnaut apparently had $187 million in TerraUSD [UST]. Aside from Terra’s demise, a number ...
Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending
Upstart Holdings Inc. delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-dri...
Another Crypto Lender Suspends Services
Crypto lending platform Hodlnaut announced freezing withdrawals, deposits, as well as token swaps, citing “difficult market conditions” amid a swathe of similar mishaps. As per the official announceme...
Crypto lending platform Hodlnaut suspends services due to liquidity crisis
Blaming market conditions and lack of liquidity, Singapore-based crypto lending platform Hodlnaut has become the latest firm to suspend withdrawals and deposits. The crypto lending firm made an offici...
Economic Impact of Adopting Bitcoin as Alternative for Goods and Services in United States
The United States has always been a leader in innovation and adopting new technologies. The country is home to some of the most cutting-edge companies and has a long history of adopting new technologi...
Before Crypto Lender Celsius Crashed, CEO Alex Mashinsky Was Known for Big Ideas and Battles
For some 30 years, Alex Mashinsky barreled into whatever was the hot technology of the time, promising revolutions in long-distance calling, airport rides and, most recently, crypto. He often left a t...
Shale Drillers Warn of Higher Costs as They Report Record Profits
Shale companies are reporting banner profits but are warning that inflation in the oil patch is leading them to increase their spending. Oil prices hovering around $110 a barrel in the second quarter ...
Revolut To Launch Crypto Trading Services In…
The regulatory climate for crypto in Singapore is not the best at the moment, but Revolut, a U.K.-based firm working at the intersection of crypto and institutionalized finance, is launching a crypto ...
Texas Now Busing Migrants To New York City—Mayor Adams Warns City Services Stretching Thin
Topline Texas Gov. Greg Abbott (R) announced Friday that his state is now busing migrants seeking asylum in the United States to New York City, marking an expansion of a program that’s dropped t...
Visa and MasterCard cut off payment services to PornHub
Visa and MasterCard, the world’s leading payment networks, have decided to deprive Pornhub of their services for finalizing purchases on the platform. Visa and MasterCard suspend payment gateways for...
REVOLUT on Revolution – Launches CryptoCurrency Services in Singapore
REVOLUT launches cryptocurrency services in Singapore REVOLUT planning to expand headcount by 20% The Fintech receives approval from SIngapore Monetary Authorities The cryptocurrency firms, regardless...
Revolut Launches Cryptocurrency Exchange Services in Singapore
British Fintech firm, Revolut has launched a digital currency trading service in Singapore. As reported by the Business Times of Singapore, the platform’s users will now be able to buy, sell and hold ...
Coinbase to provide crypto services to BlackRock institutional clients
Coinbase has announced a new partnership with BlackRock to provide direct crypto services for its institutional clients using Aladin –an end-to-end investment management platform of the asset manager...
World’s Largest Asset Manager Blackrock Taps Coinbase to Offer Crypto Services
The world’s largest asset manager, BlackRock (with $9.6 trillion in assets), has partnered with leading crypto exchange Coinbase to offer crypto services to institutional clients, according to a blog ...
BlackRock Taps Coinbase for Institutional Crypto Trading and Custody Services
BlackRock, the world’s largest asset manager, is partnering with US crypto exchange giant Coinbase, to offer digital asset exposure to institutional clients. Coinbase announced the collaboration in a ...
ZB.com lost around $4.8 million during the suspension of its services
The security company focused on Blockchain networks, PeckShield, recently indicated that $4.8 million in crypto were stolen through ZB.com. This occurred while the exchange announced that transactions...
Credit Backed by Goods, Skills, and Services
Refi is the new DeFi. If there was ever a time for the crypto skeptics to ask regulators to tighten their screws, it is now, says Ashley Taylor Buck, the co-founder of ReSource. ReFi could be the answ...
VeChain-based VeCarbon Partners with AWS for Carbon Management Services – crypto.news
VeCarbon, a vendor of carbon accounting management services, has entered into a partnership with Amazon Web Services to enhance the scalability, security, and other features of its network. VeCarbon w...
Sygnum, a Swiss Bank, launched Staking Services for Cardano($ADA)
On 2 August 2022, Sygnum Bank announced the launch of Cardano Staking services. Sygnum is a cryptocurrency-friendly Swiss bank and claims to be the “World’s first digital asset...
Mental Health Care Services On Web3 Network
According to academics, mental health care services can be powered by the Web3 network shortly. This statement came from the academic professors of John Hopkins University, Baltimore. What Do The Prof...
Hong Kong Internet High In Advance Of Alibaba’s Results As Caixin Services PMI Exceeds Expectations
China Last Night KraneShares Key News Asian equities had a positive day on light summer volumes except for Mainland China. Pelosi’s Taiwan visit did not spark World War III as some had feared. Plane t...
AMD stock slips as revenue forecast dips below Street consensus
Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expe...