Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Chegg is facing massive disruptions in its education business amid the rapid growth of AI platforms. To contain this, Chegg is building its own AI platform CheggMate in collaboration with OpenAI.
Amid lower fossil fuel costs, BP’s profits tanked in comparison to the bumper profits recorded in 2022.
The new secondary art NFT marketplace by Sotheby’s also pays royalties from sales directly to the artists, from payments made by collectors.
American multinational banking giant JPMorgan Chase has emerged as the lucky buyer of the embattled regional banking firm, First Republic Bank.
The European market recorded a gross domestic product (GDP) of 0.0 percent in the first quarter of 2023 compared with the fourth quarter of 2022.
Analysts at H.C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks.
As part of the partnership, Google will bring the Blockchain Node Engine, which is Google’s fully managed node hosting service, to the Polygon ecosystem.
Innovative Layer-1 blockchain Findora has introduced a Triple Masking SDK privacy-preserving solution for Web3.
The investment from a16z is a strong vote of confidence in Pinecone’s technology.
The CyberConnect CYBER token initial coin offering takes place on CoinList on May 18th, three days after the registration deadline.
The CFTC claimed that the firm had proprietary software that was expected to recognize significant trading gains for investors who contributed to the Bitcoin pool, but in reality, there was no such “bot” in use.
According to the report, the company experienced a 133% annual reduction in its earnings per share for the quarter.
The push to support crypto is gaining traction in Hong Kong as some banks are already pledging support to the industry.
In case of a scenario where the First Republic Bank fails, the FDIC will likely want to avoid systemic risk and offer insurance to all the bank’s depositors, even those not covered by insurance.
Meta shares continue to ascend in 2023 and are up 74% year-to-date, trading at $239, despite thousands of layoffs it plans to execute.