Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Recent court documents of embattled crypto hedge fund 3AC show that the company owes $2.3 billion to Genesis Asia Pacific, one of the largest lenders.
ByteDance has joined a growing list of Chinese companies looking to establish their own internal production line of chips for varying uses.
Fintonia Group has been in business since 2014 and has been governed by the Monetary Authority of Singapore since 2016.
Samsung started working on the chips late last year, collaborating with some of its subsidiaries, including Siemens, Ansys, and Synopsys.
For the second quarter earnings, IBM benefitted immensely from the activities of its newly spun public-traded information technology infrastructure services offshoot Kyndryl Holdings.
The analyst notes that the GOOGL stock is under pressure due to concerns about a slowing economy that might result in reduced ad spending.
The NFT world is currently dominated by a few iconic collections, with CryptoPunks and the Bored Ape Yacht Club (BAYC) NFTs topping the charts.
Delta wants to overhaul its existing fleet with more fuel-efficient Boeing planes and has ordered 100 with the option of 30 more.
The Dow saw a pullback of more than 200 points pullback during late-day trading as Apple plans to slow hiring and growth spending in 2023.
According to Ben Gore, Christie’s COO, the launch of the fund will open more opportunities for exploring Web3 as well as provide another advantage over competitors.
The sell-off of Bitcoin is a way for companies to maintain their balance sheet.
Altcoins led by Ethereum have been the major contributors to the price rally. On the other hand, Bitcoin faces a strong resistance at its 200-week moving average.
With the impressive positive movements across crypto, shares of Coinbase increased by 9.07% to almost $59.
Fox-Geen revealed that the SPAC process takes longer for crypto companies.
Despite the glimmer of hope in BTC and ETH rally, analysts and investors alike, remain unconvinced about its sustainability.