(Bloomberg) — British satellite startup OneWeb Ltd. took a $229 million writedown after Russia scuppered its launch plans and took 36 of its spacecraft hostage indefinitely earlier this year. Mo...
Tag: Takes
Ethereum and Bitcoin Fall Below $1,600 and $19K Respectively, as Market Takes Bearish Position
The cryptocurrency markets are once again in the gloomy zone on Saturday as BTC slips below $20k and ETH battles to keep support at $1,600 after briefly exhibiting some bullish momentum on Friday. Wit...
British pound seen trading near parity with the dollar, economists say, as selloff takes Wall Street by surprise
It’s a notion once thought impossible. As the British pound trades at its weakest level against the dollar in more than two years on Friday, some economists expect it could close in on parity with the...
Aave Community Takes Major Decision Before The Ethereum Merge
Aave community has voted in majority to approve the proposal to temporarily halt Ethereum borrowing until the Merge with immediate effect. The voting indicates the community agrees to pause Ethereum (...
NFT start-up “OME” takes on the music industry and looks to give control back to musicians and fans
Advertisement     Of the $42 billion in revenue the music industry generates yearly, less than 12% actually goes to artists. From 2019 to 2020, 90% of music streams we...
Lynn Bowden Jr. Takes All-Purpose Spot On New England Patriots’ Initial Practice Squad Of 2022
The New England Patriots signed former Las Vegas Raiders and Miami Dolphins receiver Lynn Bowden Jr. … [+] to the 16-man practice squad on Thursday. (Photo by Megan Briggs/Getty Images) Getty Im...
Solana price analysis: SOL takes a downturn to the $30 range. Is a break lower ahead?
The Solana price analysis is bearish as it shows the cryptocurrency has been devalued to the $30.5 limit as the bearish momentum has been revived. The price function is headed down again, and the red ...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
Iran Takes Cryptocurrencies As Payment For Imports As Sanctions Intensify
Faced with intensifying global trade sanctions over its nuclear program, Iran is adopting crypto payment for imports into the country. Iran’s Trade Ministry, represented by Minister Reza Fatemi Amin h...
Nexo commits more funds to buyback initiative, NEXO token price takes off
The price of NEXO tokens has jumped to a daily high of $1.15 hours after Nexo announced that it will commit additional funds to its buyback initiative. At press time, NEXO was trading at $1.06 up 5.40...
Russian PM takes cue from Iran’s crypto payment permit for imports
Russia may soon be taking a cue from Iran by using cryptocurrencies for imports, according to commentthe Russian prime minister. The adoption of digital assets is necessary as a “safe alternative” for...
Exxon Takes Legal Action After Putin Blocks Final Russian Exit
(Bloomberg) — Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Mo...
Ethereum investors need to know this before Merge takes place
Ethereum, the largest altcoin is scheduled to welcome the much-anticipated Merge this September. This event would happen in two phases. The Bellatrix upgrade on Ethereum’s proof-of-stake (PoS) Beacon ...
ACLU, Planned Parenthood Sue To Block Indiana Abortion Ban Before It Takes Effect
Topline Abortion rights advocates sued officials in Indiana on Tuesday over the state’s near-total abortion ban—the first of its kind enacted after the Supreme Court overturned Roe vs. Wade—the latest...
HP earnings miss estimates as slowing economy takes its toll
The post COVID-19 PC hangover has found its way to the doorsteps of computing giant HP Inc. after making stops at rival Dell and chipmakers like Intel. HP saw fiscal third-quarter sales fall 4.1% from...
Baidu Beats, Hong Kong Short Volume Reaches All Time High, And US Dollar Takes A Breather
China Last Night KraneShares Key News Asian equities had a strong day, less so China and Hong Kong while India outperformed as the US dollar took a breather from its recent strong run. One has to wond...
Forbes Takes Down Its Article Criticizing SEC’s Crypto Regulatory Approach, Community Reacts
– Advertisement – People have wondered what could have prompted Forbes to take down its journalist’s opinion piece about the SEC’s crypto regulatory tactics. Shortly after Forbes journal...
Australian regulators rattle their saber as adoption takes a major leap: Law Decoded, Aug. 22–29
Australia’s financial regulator, the Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The ...
Singapore takes measures to make crypto trading difficult for retail investors
Regulatory agencies in Singapore are looking to deter retail traders from investing in the cryptocurrency market. The regulators are tightening their noose over the sector following the rapid growth i...
MAS takes action against liquidity issues among crypto firms In Singapore
In reaction to the liquidity and withdrawal crisis that has befallen crypto firms, the Monetary Authority of Singapore (MAS) has set up numerous measures. The MAS has commenced operations to usher in ...
Ethereum Price Takes a Dive Prior to Merge Upgrade
Ethereum Traded at $1,485 with a more than 11.5% decline. Ethereum foundation sets Merge upgrade final date as September 15, 2022. Ethereum (ETH) Foundation has disclosed a final schedule date for the...
Tether takes an interesting stance, USDT benefits from it
In an unprecedented move, Tether [USDT] has defied Office of Foreign Assets Control (OFAC) sanctions. The organization has decided to go against the OFAC on the grounds of the latter not indicating “t...
Ex SEC Chairman Jay Clayton Takes Up Advisory Position With Web3 Venture Capital Firm
Over the years, the crypto space has been swarmed by U.S. regulators walking through a revolving door as financial regulators and advisors. The continuous transitions have set a precedent, triggering ...
Cardano Founder Takes A Jibe At Vitalik Buterin, Responds To 5-Year-Old Tweet From Ethereum Founder
– Advertisement – Hoskinson takes a jibe at Buterin. Cardano’s Charles Hoskinson caused quite a stir on Twitter yesterday by responding to a 5-year-old tweet from Ethereum founder Vitali...
AMAZY Takes Move&Earn to The Next Level
AMAZY’s entry into the move-2-earn space had defined what the term really meant. Taking from the popular play-2-earn genre, the platform had redefined what it meant to get people to move while getting...
Philippine Fintech Startup PayMongo’s CEO Takes Leave Of Absence, Breaks Silence On Company Investigation
(From left) PayMongo cofounders Jaime Hing III, Francis Plaza and Luis Sia. Courtesy of PayMongo PayMongo announced Monday that its CEO and cofounder Francis Plaza is stepping away from the Philippine...
NFT Lender BendDAO’s Liquidity Takes A Test As ETH Reserves Fall
If you’re borrowing against your Bored Apes, you may want to keep your eyes peeled. Liquidity on major NFT lending platform BendDAO has been under a major stress test over the past 24 hours, as ETH le...
CryptoPunks takes top pricing spot from Bored Apes
CryptoPunks is back on top. The Larva Labs NFT collection is the most expensive and exclusive one, taking the spot from Bored Ape Yacht Club’s (BAYC). The floor price is the lowest price at which a ty...
Crypto Market Cap Falls To $1 Trillion After Bitcoin Takes A Blow
The 2022 bearish trend is still pushing many crypto prices below expected marks. The market also spiked a few times amid the raging crypto winter in the last few months. But the pullbacks have persist...