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Tesla Beats Q4 2022 Earnings Estimates: Key Takeaways
Tesla (NYSE: TSLA) is trading higher in US premarket price action today after it reported better-than-expected earnings for the fourth quarter of 2022. Here are the key takeaways from the company’s earnings. Tesla reported revenues of $24.32 billion in Q4... -
Did FTX Actually Pay $43 Million To Fund A FUD Campaign Against Binance?
Changpeng Zhao, the CEO of Binance, recently claimed on Twitter that FTX had paid $43 million to support a FUD campaign against the exchange. FUD, which stands for fear, uncertainty, and doubt, is typically intentionally evoked to disadvantage a rival.... -
Crypto Gaming: Advantages and Taxation Regulations
Cryptocurrency is a digital or virtual currency that uses cryptography for security and is decentralized, meaning any government or financial institution does not control it. It is based on a decentralized ledger technology called blockchain, which allows for the secure... -
What is Provably Fair Gambling?
Everyone wants to game at fair, trustworthy, and reputable online gambling sites, especially when it comes to Bitcoin gambling. Therefore, it is important to examine the overall reputation of an online casino. Fortunately, the crypto gaming industry has introduced a... -
New Bill Looks to Establish Tax-Exempt Status for Crypto in Arizona
With the U.S. government still failing to make significant progress on crypto regulations, several states have decided to take matters into their own hands. In Arizona, a new bill seeks to determine the tax status of digital assets. Getting the... -
Vitalik Buterin’s Proposed Solution To Ensure Ethereum Privacy: Stealth Wallets
Vitalik Buterin, the co-founder of Ethereum, published a new blog post in which he offers some fresh thoughts on privacy and Ethereum. Vitalik Buterin suggested using a stealth address plan to give blockchain users greater privacy protections. https://twitter.com/mail2shabr/status/1617752169540907008?s=20&t=wVJznYGw5as-e8PrWiAsYw As we... -
Ark Invest Asset Management Company Takes Giant Leap With 500K Bitcoin Investment
During the most recent crypto market rebound, which began with the new year, Bitcoin increased by more than 40%. As a result, the value of Grayscale Bitcoin Trust increased. It is also worth noting that the rebound is said to... -
Gemini Lays off 10% Of Its Staff as Standoff With DCG Continues
Gemini, the cryptocurrency exchange and brokerage platform founded by the Winklevoss Brothers of Facebook fame, has embarked on yet another downsizing operation as it continues to weather the market storm. More Cuts for the Winklevii Earlier today, news medium CNBC... -
Chinese Blockchain Firm Launches Digital payment System for Stablecoins and CBDCs
Since cryptocurrencies and stablecoins were launched, these financial tools were touted as the natural evolution of cross-border payments. However, a new system is looking to develop the global standard for this use case. Taking the Battle to SWIFT Last week’s... -
Here’s How the Wall Street Reacted to Netflix Fourth Quarter Earnings
The earnings season for FAANG stocks kickstarted last week when Netflix (NYSE: NFLX) released its earnings for the fourth quarter of 2022. Here’s how Wall Street reacted to the streaming giant’s earnings. To begin with, let’s briefly look at the...