The decline recorded in the tech stocks in the past week appears to have spiked fears amongst SoftBank’s investors.
Today, Ziglu has announced that its customers can send cryptocurrency to other people, as well as buy and sell crypto from its app.
The price of Ether has dropped significantly over the course of the last week. After peaking at $486 last Wednesday, ETH dropped as low as $320 before recovering to roughly $336, where it sat at press time.
The U.S. Department of Defense said that there were reports of SMIC’s alleged involvement with the Chinese military and further passing on their chip technology for China’s defense purposes.
Virgin Galactic revealed that it plans to conduct four-hour test flights of the spacecraft’s carrier aircraft WhiteKnightTwo scheduled for October 1 and October 7.
The popular Bitcoin critic Peter Schiff noted that Bitcoin successfully managed to past the resistance and rally up to $12K. However, he said that Bitcoin’s correction to $10K is its entry to the bear market.
“We think this is a big, big – one of the biggest of all time – houses of cards that’s getting ready to fold,” Trainer explained while pointing out the recent Tesla Inc (NASDAQ: TSLA) fundamentals.
SpaceSwap is a DeFi aggregator with attractive features. It offers more opportunities for liquidity providers.
Through its $100 billion Vision Fund, SoftBank bought nearly $4 billion in shares of Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT), and Netflix (NASDAQ: NFLX). Moreover, SoftBank purchased a stake in Tesla (NASDAQ: TSLA).
The Bella Protocol consists of a suite of DeFi products that aims to bring one-click crypto banking services to users. Some of its unique features include subsidized gas fee and automated services.
According to Paolo Gentiloni, European Commissioner for economics and taxation, Amazon, Apple, and Alphabet are “the real winners” of the COVID-19 crisis, and it was no longer possible “to accept the idea that those giants are not paying a fair amount of taxes in Europe”.
Based on the designed model, Ocean DeFi comprises 3 marketplaces and a stablecoin which will serve as the governance token for the ecosystem.
Despite the massive losses on Thursday, the Bloomberg Billionaires Index showed that in 2020, the 500 richest people have collectively gained $830 billion in wealth.
With the prior involvement of Australia with blockchain and cryptocurrencies, recommendations and probable impact of the formulated fintech and regtech industries will only complement the growth of the crypto sphere.
At the moment, Peloton has not made an official announcement regarding the launch. However, one of the sources added that the company may announce the launch before the 10th of September.