Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Rising bond yields continue to pressure on tech stocks with Nasdaq Composite correcting another 2%. On the other hand, energy stocks gained momentum amid optimism of economic reopening.
Blockchain protocol Axie Infinity is driving major engagement amid renewed craze for gaming. As a result, the in-game currency or native token AXS skyrocketed 40% on Monday.
The new unit will be headed by Brud’s CEO, Trevor McFredies who comes on board with his 31-member team.
The Facebook stock has risen approximately 23.27%, and 19.43% in the past year and YTD respectively.
Regarding the proposed IPO, GlobalFoundries noted that “Mubadala will continue to have substantial control” after the offering.
One of the possible reasons cited has been the consistent loss made by Monzo in the past few years, despite having been in existence for six years.
The increased revenue and earnings inflow HIVE blockchain reported in its Q1 ended June 30 might have been boosted by the incessant crackdown on mining activities by Chinese authorities.
The HKMA aims to deliver the initial view of e-HKD by the middle of next year. The published whitepaper covers the research methodology and technical realization of the financial solution.
There are suggestions that the tax avoidance by the Cardano investors may be related to the fact that digital assets are still considered to be a legal grey area in taxation.
Jeff Bezos joined Northstar group, AC Ventures, Citius, and Tencent in a new funding round for Ula, months after the startup raised $20 million.
Facebook stock has dropped 3.30%, 8.84%, and 2.82% in the past three months, one month, and five days respectively through Monday’s pre-market.
To make its bond interest payments, Chinese realtor Evergrande Group raised $5.1 billion by selling a 51% stake to Hopson Development. Asian markets remained under pressure as a result of this matter on Monday trading.
The proposed IPO plan by Volvo is arguably one of its long list of strategic goals to power the capital injection that will fuel its switch to electric car production in the coming years.
Elon Musk has triggered another Dogecoin uptick with his Floki Twitter post. However, the dog-themed spike was considerably short-lived.
While some locals have praised President Bukele’s new crypto adoption drive, others have raised questions on why the discount is just coming and why it is only through the “Chivo wallet.”