Long gone are the days back when Tesla Inc TSLA CEO Elon Musk wanted to rebrand the digital payment company as X.com two decades ago when he participated in its inception. Musk sees X as the letter that shows the power to change the world. Back then, he believed it can take over the worlds
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The month of June marked the beginning of a regulatory storm for Coinbase COIN . The SEC accused the company of operating as an unregistered broker, a charge that was part of a broader crackdown on cryptocurrency exchanges. Despite the significant fallout, which saw Binance BNB/USD experience a $300 million liquidation of crypto positions, Coinbase
Not a remote possibility — Zoom has Zoom fatigue, requires workers to return to the office Zoom surprisingly decides its teams are more effective working in-office. Ashley Belanger – Aug 7, 2023 8:40 pm UTC EnlargeMorsa Images | DigitalVision reader comments 175 with A video-conferencing company might be the last business anyone would expect to
Founded in 2019, TradeStation partner Aries is debuting on StartEngine, the same crowdfunding platform trusted by famed businesspeople and investors like Kevin OLeary. Aries challenges traditional full-stack brokers, sporting the tools Main Street needs to compete with its better capitalized and informed peers on Wall Street. Available in 130 countries, Aries differentiates itself by offering
Summer wave — New SARS-CoV-2 variant gains dominance in US amid mild summer COVID wave Absolute numbers are low, but several indicators show pandemic virus is on the rise. Beth Mole – Aug 7, 2023 10:21 pm UTC EnlargeGetty | Thomas Trutschel reader comments 77 with For a fourth consecutive summer, COVID-19 is on the
a fab deal — Report: Apple buys every 3 nm chip that TSMC can make for next-gen iPhones and Macs TSMC is said to eat the cost of defective chips so it can keep Apple’s business. Andrew Cunningham – Aug 7, 2023 8:35 pm UTC Enlarge / Silicon wafers from a TSMC factory.Taiwan Semiconductor Manufacturing
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China’s trade slumped in July, with exports and imports falling more sharply than economists forecast, adding to concerns about growth prospects in the world’s second-biggest economy more than six months after Beijing eased pandemic restrictions. Exports declined by 14.5 per cent year on year in dollar terms, official data showed on Tuesday, the steepest fall
Kevin Matras goes over the Filtered Zacks Rank 5 strategy. Learn how it can help you pick the best of the Zacks #1 Rank stocks. Highlighted stocks include AFAM, DKL and DTSI.
Solana-based decentralized futures exchange Cypher Protocol halted its smart contract after an estimated $1 million exploit. On Aug. 7, Cypher alerted its 13,500 followers on X (formerly known as Twitter) that it had experienced a security incident and had thus frozen its smart contract. The team added it is investigating the cause of the exploit
In this article PYPL Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services. It’s
Municipals were lightly traded and little changed for a typical summer Monday while U.S. Treasuries pared back some of Friday’s gains and were weaker out long. Equities were in the black to close the session. While triple-A yield curves were little changed the past two sessions, some damage was done last week, leaving market participants
Telegram bots have been increasingly emerging as a new tool to get exposure to cryptocurrency markets and a number of related services. The cumulative crypto trading volume associated with Telegram bots exceeded $190 million as of early August 2023, according to a new report by Binance’s research arm Binance Research. Crypto activity facilitated through Telegram
Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. Marco Bello | Reuters It’s put up or shut up time for the SEC on a bitcoin ETF. The Securities and Exchange Commission is required to give a thumbs up or thumbs down to ARK’s
Shiba Inu SHIB/USD , the self-proclaimed Dogecoin DOGE/USD Killer's burn rate has surged over 145%. What Happened: In the past 24 hours, Shiburn, the burning mechanism, reported that 92 million SHIB tokens have been transferred to inferno wallets, effectively removing them from circulation forever. This substantial burn activity includes a single transaction of 34,547,609 SHIB
Despite the ongoing digitization of payments, this industry is still struggling to meet the growing demands of the public. Because of this, many financial market players are looking towards blockchain as a potential way to speed up the process. Blockchain is a groundbreaking technology that offers a multitude of use cases and benefits for businesses
Frameworkers of the world, unite — Turning my Framework laptop into a tiny desktop was fun. Now it needs a job. “Reuse” doesn’t get as much attention as the other two Rs, but it’s important. Kevin Purdy – Aug 7, 2023 11:00 am UTC Enlarge / The Framework Slabtop, as I dub it. Not a
In the early hours on Monday, Sam Altman, CEO of OpenAI and the driving force behind AI models like ChatGPT, launched his latest venture Worldcoin (WLD). With OpenAI going from a non-profit private organization, to a for-profit private organization in 2019, some questions bear asking: What is Worldcoin? Is it safe? What is it for?
No answers yet — Whats going on with the reports of a room-temperature superconductor? Rumors are flying of confirmation, but the situation is still frustratingly vague. John Timmer – Aug 4, 2023 2:07 pm UTC Enlarge / Pellet of LK-99 being repelled by a magnet.Hyun-Tak Kim (CC BY 4.0) reader comments 362 with In late
Last week, the Wall Street Journal reported that a syndicate of investors was in the closing stages of a $125 million deal to purchase CoinDesk. Founded in 2013 and sold to DCG in 2016, CoinDesk has been an important voice in the crypto world as an online publication and for its Consensus events. Benzinga interviewed