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
Negative margin — NASAs Artemis II crew meets their Moonship NASA’s Orion spacecraft is taking a bit longer to prepare for its first crew flight. Stephen Clark – Aug 9, 2023 12:25 am UTC Enlarge / Artemis II commander Reid Wiseman, pilot Victor Glover, and mission specialists Christina Koch and Jeremy Hansen pose with their
Israeli fintech company Vesttoo is contemplating the removal ofboth its CEO and chief financial engineer, according to Reuters. This decision comes in the wake of a scandal involving fake collateral, which analysts predict could have far-reaching implications for the broader insurance market.A Scandal Unfolds Vesttoo, a firm that leverages artificial intelligence to bridge the gap
Puerto Rico’s June economic activity index rose 3% from June 2022 and 0.4% from May 2023, but the average monthly growth for fiscal year 2023 was 0.3%. Compared to the figure for June 2013, the economic activity index was down 2%. “Unless there is production, we cannot make headway,” Heidi Calero, economist and president of
As of early August, $12.5 million emerged as the sweet spot for record sales on Southern California’s tony Palos Verdes Peninsula. Two properties—a 6,000-square-foot estate in Palos Verdes Estates and a 10-acre hilltop residence in Rolling Hills Estates—sold for the top price in the last six months. The home was designed to showcase expansive coastal
Google and Universal Music are in talks to license artists’ melodies and voices for songs generated by artificial intelligence as the music business tries to monetise one of its biggest threats. The discussions, confirmed by four people familiar with the matter, aim to strike a partnership for an industry that is grappling with the implications
USD Coin (USDC) issuer Circle has released a beta version of a multi-party computation wallet (MPC) service, according to an Aug. 8 announcement. The new service will allow developers of DeFi apps, Web3 video games, e-commerce services, and other blockchain applications to create customized wallets specifically for their users. It will be available initially on
As families from across the nation move to the Sunshine State, Hollywood, Florida’s education system faces added pressures that a development company hopes to solve. To help ease crowding in the public school system and provide parents more choice, real estate development company Fortec is building a Montessori educational facility in the city’s downtown area.
A Bitcoin (BTC) advocate based in Canada has “Zapped” 600 people a total of 300 satoshis ($0.09, or 0.000003 BTC) each in a Bitcoin-inspired social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving
In this article MTB SATS PLTR UPS HIMS LOW HD Follow your favorite stocksCREATE FREE ACCOUNT A UPS worker checks an Amazon box to be delivered in New York. Eduardo Munoz | Reuters Check out the companies making headlines in premarket trading. Sagimet Biosciences — Shares of the biopharmaceutical company popped 31% following an upgrade
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
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