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Amazon Provides Soft Guidance Amid Tariff Uncertainty
Amazon (NYSE: AMZN) released its Q1 2025 earnings yesterday after the close of markets. While the company beat Q1 earnings estimates, its Q2 guidance spooked investors. Here are the key takeaways from the company’s Q1 report and analysts’ reaction. Amazon’s... -
U.S. Treasury to Block Cambodia’s Huione From Banking Services Over $4B Laundering
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its decision on May 1 to restrict the Huione Group’s access to the American banking system after tracing roughly $4 billion in illicit funds through the Cambodian conglomerate since August 2021. Investigators have linked at... -
Blockstream Restructures Mining and ASIC Divisions to Boost Bitcoin Scalability and Investor Confidence
Bitcoin-focused technology firm Blockstream has announced a strategic move to spin off its mining and ASIC (Application-Specific Integrated Circuit) divisions into separate entities. This decision follows a successful $210 million funding round led by Fulgur Ventures in October 2024. The... -
AUSTRAC Tells Dormant Crypto Exchanges to Cancel Licences Over Fraud Risk
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has told inactive registered crypto exchanges to withdraw their registrations or risk having them canceled. The agency is concerned that dormant exchanges could be used for scams or illegal activity. Crypto Fraud... -
Major Abu Dhabi Institutions Unite to Launch Dirham-Pegged Stablecoin
On April 28, Abu Dhabi institutions announced plans to launch a Dirham-pegged stablecoin under full regulation by the United Arab Emirates (UAE) central bank. The initiative is part of a larger push to strengthen the country’s digital infrastructure and position... -
Trump’s Tariff Chaos Strengthens Bitcoin’s Store of Value Appeal: NYDIG
Bitcoin has started to behave like traditional safe-haven assets, such as gold, after former President Donald Trump announced new tariffs on April 2. According to a report from New York Digital Investment Group (NYDIG), Bitcoin’s price rose 13% while the... -
India Could Come to Boeing’s Rescue as Chinese Carriers Stop Deliveries
According to reports, India’s Air India is in talks with Boeing to take deliveries of 10 planes after Chinese carriers refused to take deliveries. India is among the fastest-growing airline markets and might come to Boeing’s rescue as the company... -
Swiss National Bank Rejects Bitcoin for National Reserves Amid Rising Global Economic Uncertainty
During its recent shareholder assembly in Bern on April 25, the Swiss National Bank (SNB) reaffirmed its conservative stance by rejecting calls to add bitcoin to its national reserves, despite growing global economic turmoil and shifting geopolitical landscapes. https://twitter.com/VoiceOfWeb3_/status/1916033960498385004 This... -
Intel Stock Plunges as Tepid Guidance Overshadows Q1 Earnings Beat
Intel stock (NYSE: INTC) is trading sharply lower as markets gave a thumbs down to its Q1 2025 earnings report. While the chip giant reported better than expected numbers for the quarter, it provided a tepid guidance which overshadowed sentiments.... -
Crypto Developers Tricked by Shell Companies Tied to North Korean Hackers
According to an April 24 report by Silent Push, North Korean hackers linked to the Lazarus group have been tricking crypto developers into downloading damaging malware. The cybercriminals posed as three shell companies to lure victims with fraudulent job listings...
