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Latest Articles
Ripple CEO Brad Garlinghouse Says Russia Can Not Use Crypto to Evade Sanctions
By Ibukun Ogundare
• 3 mins read
The Ripple CEO stated that Russia could not use crypto to escape the impact of the global sanctions.
Ford Halts Operations with Joint Venture in Russia
By Ibukun Ogundare
• 3 mins read
Ford said it has a significant number of Ukrainians working at the company globally. Amid the ongoing war, the company promises to provide continuous support to the people.
Salesforce Announces Upbeat Earnings and Revenue for Fiscal Q4 2022
By Ibukun Ogundare
• 3 mins read
Salesforce said it is focusing on Slack at this time. Slack is expected to make $1.5 billion in sales in 2023.
More Sanctions on Russia as European Commission to Remove Russian Banks from SWIFT System
By Ibukun Ogundare
• 3 mins read
The isolation of the Russian banks from the SWIFT messaging system is one of the five proactive measures the European Commission announced against Russia.
Facebook, Google and Twitter React as War between Russia and Ukraine Continues
By Ibukun Ogundare
• 3 mins read
In addition to restricting certain accounts, Facebook is also blocking media houses in Russia from running ads.
BYND Stock Dips 11% as Beyond Meat Announces Wide Losses for Q4 2021
By Ibukun Ogundare
• 3 mins read
Beyond Meat said grocery sales volume in the US during Q4 lost 19.5% to $49.98 million. The company tied the sales slump to low demand, high discounts, market share loss, and five fewer shipping days than the previous year.
Etsy Stock Rises 10% Following Q4 2021 Earnings Release
By Ibukun Ogundare
• 3 mins read
A keynote in the Q4 resultsis that gross merchandise value increased by 16%. Etsy also confirmed a consolidated gross merchandise value of $4.2 billion, up 16.5%.
Experts Say Russia Could Use Crypto to Evade US Sanctions
By Ibukun Ogundare
• 3 mins read
Russia is preparing to avoid the negative impact of the sanctions through crypto. Experts revealed that Russia is willing to collaborate with anyone around the globe. These entities will then use crypto instead of bank transfers.
Opera Announces Integration with Ethereum Layer 2 Exchange DeversiFi
By Ibukun Ogundare
• 3 mins read
The co-founder and CEO of DeversiFi said the Opera users would be able to interact easily with DeFi. In his words, Layer 2 technologies “are revolutionizing the blockchain industry.”
Circle Launches New Account to Facilitate Runnig Business with USDC
By Ibukun Ogundare
• 3 mins read
The Circle Account provides USDC to its customers across the world. With more than $52 billion in distribution on February 23, 2022, USDC is backed fully by cash and equivalents and short-duration US Treasuries. It is exchangeable 1:1 for US dollars.