Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Microsoft has confirmed it is going to close its physical stores permanently to boost its virtual shopping store for its customers. MSFT stock is down today.
In a statement on Friday, a spokesperson for UK FCA said that WCS has been suspended from all regulated financial activities.
The new F-150 truck in both pure diesel and hybrid versions can be considered to be another booster for Ford stock. F stock was up yesterday and is in the green today in the pre-market.
Lemonade, which filed to go public earlier in June, announced on Thursday a price range of $23 to $26 for its public offering. The updated regulatory filing could mean a significant valuation hit for the insurtech firm.
The SEC has filed civil charges against Abramoff and Andrade in addition to the criminal charges. Andrade hired Abramoff in 2017 to “work on a public relations and marketing campaign” for the cryptocurrency, called AML Bitcoin.
The number of COVID-19 cases is rising again, and the companies working on the vaccine will likely further benefit from a cash flow into them. Vaxart, Inovio Pharmaceuticals, and Sorrento Therapeutics stocks are good examples of this advantage.
Amazon.com Inc is finalizing its acquisition deal with robotic car company Zoox. The acquisition that is projected to be worth $1 billion is Amazon’s debut into car manufacturing. AMZN stock is up.
Albertsons supermarket has just announced its decision to go public with its downsized IPO. The Cerberus with a 31.9% stake in Albertsons post-IPO believes the company will achieve success when market demands stabilize.
ConsenSys and AMD raised $20 million to fund W3BCLOUD, a startup working to provide a reliable infrastructure for the growing blockchain ecosystem.
Nike (NKE) stock dropped 3.94% to trade at around $97.40. The drop is being attributed to the unexpectedly poor results of the 2020 fourth quarter and full year that ended May 31, 2020.
Bittrex Global, a major cryptocurrency exchange, has listed a token by JPMorgan’s blockchain spin-off Kadena (KDA) becoming the first exchange to list it at a market cap of $13 million.
Virgin Galactic (SPCE) stock continues growing as the company is getting closer to the commercial spaceflights. Now they are conducting gliding tests to gather data about systems and performance.
The Craig Wright vs Kleiman case for the $10.2 billion worth Bitcoin fortune has now proceeded for a court trial as the case takes a new twist.
The SEC has submitted a new filing to the court which asks Telegram to pay back $1.2 billion disgorgements to investors. Besides, it also states that Telegram will have to inform the SEC if it plans to pursue any such project in the future.
Holger Arians believes the new payment option at Australian post offices will make some people feel more comfortable with buying crypto.