In recent months, challenger bank Revolut has acquired regulatory authorization to provide cryptocurrency services to its 17 million customers in Europe and announced the bank has ambitions to expand ...
Tag: Slashes
Nigerian Central Bank Slashes CBDC Transaction Fees by 50% – Africa Bitcoin News
The Central Bank of Nigeria has said it is slashing transaction fees for the e-naira platform by 50% — a move which the bank claims will increase the volume of transactions on the central bank digital...
Putin slashes gas supplies to France as energy crisis deepens
Putin Russia France gas supplies energy crisis EU winter rationing – Mikhail Klimentyev / Sputnik / AFP Putin has slashed gas flows to France, adding to fears of an energy crisis across Europe t...
Researchers Slashes Targets for Argo Blockchain
Jefferies and H.C. Wainwright analysts have slashed their price targets for Argo. Argo Blockchain is one of the leading cryptocurrency miners. Expectations regarding the funding goal have lowered cons...
Regular Exercise Slashes Risk Of Covid, Study Suggests
Topline Regular exercise can reduce the risk of contracting Covid-19 or developing severe disease, according to a large study published Monday in the British Journal of Sports Medicine, backing a weal...
Tether (USDT) Slashes Commercial Paper Holdings
USDT Price at the time of writing – $1.00 Tether has increased Cash and Bank Deposit Reserves Commercial papers are unsecured promissory notes As per guarantees, it made recently, top stablecoin backe...
Top Stablecoin Tether (USDT) Slashes Commercial Paper Holdings, Increases Cash and Bank Deposit Reserves
In accordance with promises it made earlier this year, top stablecoin issuer Tether (USDT) has begun to slash its commercial paper holdings. In the second quarter of 2022, Tether reduced its commercia...
Hodlnaut Slashes 80% of Workforce Ahead of Application For Singapore Judicial Management
Hodlnaut is the latest name under the layoff effect across the industry. The cryptocurrency lending platform has applied for judicial administration and laid off most of its employees in an effort to ...
Charlie Sheen Beats IRS, Slashes $7M Tax Bill To $3.3M
Actor Charlie Sheen has owed the IRS millions for years and has long been trying to hold them at bay. Convincing the IRS they are wrong is not easy, especially where the IRS has discretion, and where ...
Ziglu investors set to lose out after Robinhood slashes firm’s value
Investors in crypto app Ziglu are braced for heavy losses after investment platform Robinhood dropped its valuation of the UK-based company by nearly 60%. Robinhood agreed to buy Ziglu for $170 millio...
Robinhood Slashes Offer To Buy Crypto Exchange Ziglu by 60%
Early crowdsourcing investors could lose up to 41% of their investments Remaining part of the Robinhood acquisition was the “best and only reasonable path forward for the company,” Ziglu CEO Mark Hipp...
Crypto Broker Genesis Slashes 20% of Workforce as CEO Steps Down
Crypto brokerage company Genesis has slashed 20% of its workforce as its CEO Michael Moro steps down from his role at the firm, Bloomberg reported Wednesday. The broker believes the decision will help...
Genesis CEO steps down as crypto broker slashes workforce
Genesis CEO Michael Moro has stepped down, with Chief Operating Officer Derar Islim elevated to interim Chief Executive Officer, the New York-based crypto broker announced on Wednesday. The company sa...
WazirX’s Trading Volume Slashes by 50% Amid ED Investigation
The central agency Enforcement Directorate (ED) recently probed WazirX and froze its bank accounts worth Rs 64.67 crore. WazirX was investigated over a money-laundering case involving an amount of Rs...
Novavax slashes sales guidance in half, stock plunges 34%
Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more than 30% in after-hours trading. Novavax NVAX, -5.01% n...
NVAX Stock Plummets As Covid Vaccine Sales Lag; Novavax Slashes Guidance
Novavax (NVAX) slashed its 2022 outlook late Monday, citing “evolving market dynamics” facing its Covid vaccine. NVAX stock crashed. X The decision followed a major second-quarter disappoi...
Robinhood Slashes Workforce by 23% as Markets Head South
After rapidly scaling operations, Robinhood is now aggressively cutting costs and laying off employees in the light of the market downturn. Robinhood’s CEO, Vlad Tenev, announced that the company will...
Walmart Reportedly Slashes 200 Corporate Jobs After Falling Profit Warnings
Topline Walmart, America’s largest private employer, is laying off about 200 corporate workers, according to the Wall Street Journal, a week after the company cut its quarterly and full-year profit fo...
Gods Unchained Developer Slashes Staff Despite Hiring Spree Hype
Immutable’s CEO reportedly told employees the startup is in a “fantastic position” just before layoffs He told Blockworks last month that GameFi projects aren’t affected by the wider crypto market dow...
Wood’s ARK Slashes $75M in Coinbase Shares From Its Funds
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the...
Walmart slashes profit outlook – shares plummet almost 10% after-hours
On Monday, July 25, in the extended trading session, shares of Walmart (NYSE: WMT) dropped by 9.86% in after-hours trading, following a guidance cut caused by inventory issues and inflation concerns. ...
Putin slashes gas supplies to Europe again
Putin Russia gas supplies Nord Stream pipeline energy crisis – Contributor/Getty Images Putin has cut gas supplies to Europe through the Nord Stream pipeline just days after restarting flows, ma...
Blockchain.com Slashes 25% Workforce amid Crypto Meltdown
Massive layoffs continue engulfing the crypto market. Blockchain.com took the latest actions by reducing its workforce by 25%. Citing harsh bearish conditions, the crypto exchange laid off approximate...
Blockchain.com Slashes 25% of Workforce, Cuts Exec Compensation
CEO Peter Smith told Blockworks last month that many crypto firms spent unsustainably Smith and other executives will take compensation cuts Blockchain.com is laying off 25% of its workforce to help c...
ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.
Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of m...
LMT Stock: Lockheed Slashes Guidance After Earnings Miss As Defense Giants Wipe Out Ukraine Invasion Gains
Lockheed Martin (LMT) on Tuesday reported second-quarter earnings and revenue came in below analyst expectations, and the defense giant also slashed guidance. LMT stock closed flat on Tuesday after br...
Apple stock set to snap 5-day win streak after analyst slashes price target
This replaces an earlier report that incorrectly named the Monness Crespi Hardt analyst that covers Apple. It has been corrected Shares of Apple Inc. AAPL, -1.48% dropped 0.8% in premarket trading Mon...