Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Visa stock is up by about 23% over the past 12 months and only slightly down from July 2021’s all-time high of $252.67.
While HKVAEX aims to secure a license under the SFC for virtual asset trading, Binance has remained reticent about its own licensing pursuits in Hong Kong despite acknowledging the region’s growing prominence within the global crypto market.
Snap’s GAAP net loss in Q3 2023 increased by 2% year-on-year to $368 million or 23 cents per share.
BlockFi revealed that it has emerged from bankruptcy court, having received approval for its reorganization plan from all relevant stakeholders.
The Crypto Sector Index Series will include several indices tracking the prices of a bucket of different digital assets based on their use cases.
Alphabet’s efforts to integrate generative AI technology into more products have been noticeable since the launch of OpenAI’s ChatGPT chatbot late last year.
While the path forward for FTX remains uncertain, the exchange appears to be taking steps to recover from recent turbulent times.
According to Apple analyst Ming-Chi Kuo, if Apple comes up with new M3 Macs, their production volume is likely to be low. The analyst says the tight supply will last until the first quarter of 2024.
According to the earnings report, Microsoft’s commitment to AI-driven solutions yielded remarkable results, with the Azure OpenAI Service witnessing a significant rise in its customer base.
Verizon Communications closed the third quarter with 10.3 million broadband subscribers, a 21 percent increase YoY, thus representing its consecutive fourth quarter of net additions.
Nikola is expected to report its third-quarter earnings result on November 2, amid a push by the management to make the company profitable.
The basis for this issuance was Corda, R3’s digital ledger technology (DLT) platform that offers a sustainable infrastructure for digitally native notes.
North America has led the world with 24.4% of global crypto transaction activity which is split relatively evenly between DeFi and centralized exchanges.
Looking forward, the IMF projections suggest a continued shift in the global economic landscape.
The company’s executives stated that it is possible to run such AI models on devices if the chips have enough processing speed and memory.