Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Peloton stock (NYSE: PTON) stock crashed over 22% yesterday and fell to an all-time low of $5.05. While the stock managed to close at $5.41 it brings little succour to investors as it… Continue reading Peloton Stock Sinks to Record Lows After Reporting Massive Loss
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. It’s widely recognized that the US dollar has been the world’s reserve currency for more than a century, but it’s encountering challenges to maintain its position. These challenges include the growing popularity of… Continue reading Economist Dismisses Chinese Yuan’s Impact on U.S. Dollar Dominance, Envisioning a Potential Multi-Currency Global Landscape
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Federal Bureau of Investigation (FBI) has flagged six Bitcoin wallets associated with Lazarus, a North Korean state-sponsored hacking group. These wallets collectively hold 1,580 BTC, equivalent to $40 million, and are suspected… Continue reading FBI Flags Impending Sale of $40M in Stolen Crypto Funds Linked to North Korea
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The website of Layer-1 blockchain project Terra has been temporarily shut down to safeguard users from continuous phishing scams. This decision comes in the wake of a recent hacking incident over the weekend,… Continue reading Terra.money Website Blocked to Stop Further Phishing Attacks
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Paul Krugman, the renowned economist, proposes an intriguing solution for Argentina’s currency devaluation. He suggests that instead of turning to the U.S. dollar, Argentina could potentially benefit from adopting the euro. However, the… Continue reading Economics Nobel Laureate Paul Krugman Advocates Euro Adoption Over U.S. Dollar for Argentina Amidst Peso Devaluation and Trade Realities
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Winklevoss twins’ crypto exchange Gemini has filed a response document in its effort to seek the dismissal of the lawsuit filed against it by the US Securities and Exchange Commission (SEC). In… Continue reading Gemini Seeks SEC Lawsuit Dismissal, Citing Unfounded Charges
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Meta Platforms (NYSE: META) is considering launching a web version of its Threads app amid a steep fall in its active user base and engagement. While the app which is linked to a… Continue reading Meta May Launch a Web Version of Threads Soon as Users Plummet
According to reports, during the past two years, SpaceX wrote down the value of its Bitcoin assets by $373 million and sold an undisclosed amount of the digital currency.
Web3 and artificial intelligence (AI) companies wishing to operate in Dubai will be given discounted licenses. As part of its effort to establish itself as a major global tech hub, the Dubai International Financial Centre.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Xpeng Motors (NYSE: XPEV) stock fell over 4% yesterday after the company posted a record loss in the second quarter of 2023 and reported negative gross margins in the quarter. Xpeng Motors reported… Continue reading Xpeng Motors Stock Falls after Posting a Record Loss