Latest Articles
Restaurant Software Company Toast Seeks $16 Billion Valuation at IPO
By Darya Rudz
• 3 mins read
Toast is planning to offer 21.7 million shares with the initial public offering price of $31.50 per share. Goldman Sachs Group Inc, Morgan Stanley, and JPMorgan Chase & Co are acting as the leading underwriters for the offering.
ORCL Stock Down 1%, Oracle Q1 2022 Revenue Fails to Meet Expectations
By Darya Rudz
• 3 mins read
Oracle’s largest business unit of cloud services and licensing support generated revenue of $7.37 billion. It is up 6% compared to the same period last year and below the StreetAccount consensus estimate of $7.41 billion.
Kim Kardashian Crypto Ad Faces Criticism from UK Financial Watchdog
By Darya Rudz
• 3 mins read
At present, the UK regulates some types of crypto assets, but not all. In general, the structure and substantive characteristics of a virtual currency will determine whether or not it falls within the UK regulatory perimeter.
Reddit Users Are Invited to Buy $30 in BTC to Support El Salvador’s Bitcoin Law
By Darya Rudz
• 3 mins read
A Reddit user calculated that if only all 3.3 million members of the BTC community on Reddit support the initiative, they will be able to inject $99.5 million into Bitcoin.
Bitcoin Miners, Oil and Gas Executives Discussed Natural Gas Mining
By Darya Rudz
• 3 mins read
Oil and gas companies have always struggled when colliding with a natural gas buildup while drilling for oil. But it seems that Bitcoin mining can be particularly impressive here.
Sports Retailer Fanatics Secures Trading Card Rights for MLB Ahead of IPO
By Darya Rudz
• 3 mins read
The company is probably considering IPO, but later. At present, it seems to focus on growing and expanding into new markets such as online gambling and NFTs.
PYPL Shares Up 3.6%, PayPal May Launch Stock-Trading Platform in US
By Darya Rudz
• 3 mins read
Notably, the move of PayPal to launch a stock-trading platform comes amid the boom on the market. In the first half of this year, more than 10 million new individual investors have entered the market. Such a figure is almost equal to last year’s record level.
Bored Ape Yacht Club Raises $96M in NFTs Sale, NBA Star Buys One for $180,000
By Darya Rudz
• 3 mins read
On Saturday night, all ten thousand Bored Ape Yacht Club images sold out within one hour. The successful NFTs sale demonstrates the growing demand for NFTs and ranks Bored Apes as the fifth-most profitable crypto-collectible mission of all time.
Bloomberg Experts Believe SEC Might Approve Bitcoin Futures ETFs as Soon as This October
By Darya Rudz
• 3 mins read
This year, at least 19 issuers have indicated they are looking to launch any crypto ETF. About 12 of them focus on Bitcoin.
Customers Bank Partners with Blockchain Payments Provider Tassat to Serve Crypto Companies
By Darya Rudz
• 3 mins read
Starting September, 10 to 15 clients will be able to test Customers’ blockchain payments platform provided by Tassat. After the pilot proves to be successful, Customers Bank will further open the service for the rest of the crypto ecosystem in October.