In Q2, Cash App made $546 million in Bitcoin services. The company’s gross profit rose to $55 million even with a $45 million impairment loss.
HSBC shares in Hong Kong jumped more than 3% following earnings release. On NYSE, the stock is up 1.56%.
Matrixport, with its knowledge of both traditional finance and modern crypto, is best suited to provide solutions to the emerging challenges of this novel crypto asset class.
American communications technology company Zoom Video Communications Inc (NASDAQ: ZM) has agreed to an $85 million settlement to a class-action lawsuit in the United States. The lawsuit was centered on the violation of user’s privacy as the San Jose-based firm reportedly shared users data with Facebook Inc (NASDAQ: FB), Alphabet Inc (NASDAQ: GOOGL), and LinkedIn. […]
Jack Dorsey’s Square will be acquiring Afterpay, which is a “buy now and pay later” firm in a deal worth $29 billion.
The list of tourism companies accepting crypto payments is constantly growing. You will find the names of tourism players currently transacting in crypto below.
Robinhood shares were initially priced at $38, however, closed the day at around $34.82, they had dropped by almost 10 percent on the first day of trading.
MicroStrategy CEO responded to the criticism of the company’s continuous Bitcoin purchases despite a strong correction recently. He also answered some questions about the company’s take on investing in altcoins.
AutographNFT.io is the initial product launched by AlchemyNFT that makes autographing of unique digital assets possible through social media IDs.
Neuralink plans to use the money raised to market its device named N1 link. This device is designed to provide digital freedom to people with quadriplegia.
The sources who unveiled the potential deal between Microsoft and OYO said there is the possibility that the hotel chain is likely to switch its database to Microsoft’s cloud services.
Blockchain infrastructure company Paxos named high-end investors such as Bank of America, FTX, Coinbase Ventures, and Founders Fund as participants of its series D funding round worth $300M.
Pinterest recorded a revenue of $613 million versus $562.1 expected by analysts according to Refinitiv.
As the company nears a $2 trillion market valuation, Wall Street analysts remain positive about the future growth prospects for Amazon.
The HOOD stock remained under pressure as retail investors resolved to profit-booking amid lingering anger of customers and regulators cracking down.