Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Lucid announced revenue of $150.9 million in Q2 2023 driven by customer deliveries of 1,404 electric vehicles.
Palantir Technologies announced a 13 percent increase in Q2 2023 revenue to $533 million and also reported its third consecutive quarter of GAAP profitability.
Worldcoin has lost its documents and machines in Nairobi to Kenyan police and other authorities in a recent raid.
PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens.
Berkshire Hathaway has reported an astounding $26 billion unrealized gain from its investments.
Analysts expect that the Vision Fund investment arm of SoftBank Group turned a profit and might announce as much in its upcoming report.
The Iraqi Ministry of Communication also emphasized its respect for its citizens’ right to freedom of expression and communication, but stated that it cannot be at the expense of national security.
Crypto scammers are trapping gullible investors by creating replica websites and social media accounts of real-life projects. Later they ask the users to connect their wallets, and siphon off the funds.
Hua Hong’s triumphant market debut stands as a resounding testament to China’s unyielding commitment to attaining self-reliance in the chip and semiconductor industry.
Despite the revenue drop during the second quarter, Saudi Aramco declared a $19.5 billion dividend payout to shareholders.
Though subdued, it was a positive all-round performance for the crypto market in Q2 2023.
Saudi Arabia’s investment fund has reported a heavy loss worth billions of dollars from economic factors that reduced its many investments.
Since launching nearly a week ago, Worldcoin has been subject to increased scrutiny and criticism.
Back’s optimism does not solely hinge on the halving. The Blockstream CEO is confident that Bitcoin will scale new heights even before the event.
Curve Finance fell victim to a reentrancy bug exploit in late July. The incident not only rattled the DeFi community but also exposed the platform to significant risks.