Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
As the DeFi market surges at an unprecedented rate, Huobi Group announced a new business unit Huobi DeFi Labs that will manage its investment fund focused on the DeFi space.
The European Union wants to conduct another antitrust hearing with the U.S. big 4 tech companies and review the tax laws governing digital companies in the region.
Societe Generale (SocGen) reported a net loss of about 1.26 billion euros ($1.48 billion) for Q2 2020 after missing market expectations as it set aside more capital to mitigate COVID-19-related negative impacts on its business. GLE stock is down.
As Goldman Sachs analysts have explained, one of the main factors to foster gold price’s further rise is concern over the US dollar’s global standing as a reserve currency.
Microsoft has confirmed that acquisition talks with ByteDance over its TikTok app in the U.S., Canada, Australia, and New Zealand. The deal is scheduled to be concluded by September 15.
The lowering interest loans and rising bad loans in H1 2020 have impacted the bank’s profitability to a great extent. HSBC also faces major challenges for its global restructuring plans due to the rising geopolitical tensions between the U.S. and China.
While countries are recognizing cryptocurrencies as legitimate forms of currency, it seems that the future of crypto adoption has never been brighter.
Following increasing pressure from Washington on the possibility of TikTok being used as a data spying app by China, Microsoft is allegedly in talks to purchase the sensational social media app.
The early investigation in the matter shows that the Florida teen managed to convince a Twitter IT department employee and tricked him into getting insider access and the credential of the Twitter accounts of some famous personalities.
Xpeng Motors is said to be going to raise over $300 million in new funding, ahead of its U.S. IPO listing.
Following a year-long partnership with Ripple, MoneyGram International Inc (NASDAQ: MGI) in its Q2 2020 report revealed that it got $15.1 million from the blockchain news.
Bityard.com is a Singapore-based platform that operates with the principle of “Complex Contracts Simple Trade”. Bityard is poised to change the world’s view that digital asset trading can be simple and profitable.
While still being on the radar of U.S. lawmakers, the U.S. big 4 tech companies, including Apple, Amazon, Facebook and Alphabet, all posted impressive performance reports.
Pfizer (PFE) stock price was rising in the pre-market but is down now as the market opened.
The cooperation between STEX and Simplex is a good initiative amid the changes the crypto and payment ecosystem is experiencing.