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Meta Stock is a Top Performer in 2023 and Wall Street Sees More Gains Ahead
Meta Platforms (NYSE: META) stock is up over 73% in 2023 and is the second-best-performing S&P 500 stock. Wall Street analysts see the stock continuing its good run in the coming months. Meta’s fortunes have whipsawed over the last couple... -
Binance CEO CZ Fights FUD Amidst False Claims of Being on Interpol’s Red Notice List
Binance CEO Changpeng Zhao (CZ) is denying claims that he is on Interpol's red notice list. As we know, the doctored photo circulating on Twitter shows CZ's picture on Interpol's website, creating fear, uncertainty, and doubt about Binance's legal troubles.... -
OpenAI Is Under Investigation for Privacy Breach in Canada
Canada has opened an investigation into OpenAI, the US-based software firm behind ChatGPT, for allegedly stealing personal data through its GPT-3 language-generating algorithm. The investigation sheds light on the growing regulatory emphasis on data privacy and protection in the IT... -
Latin America’s Largest Investment Bank Launches a Dollar-Pegged Stablecoin on Polygon Network
Brazil-based BTG Pactual, the biggest bank in Latin America, has officially launched its first stablecoin, the BTG Dol token. The unique stablecoin is pegged to the U.S. dollar and made available to clients to diversify their portfolios into USD. BTG... -
Ford Was America’s Best-Selling Brand in Q1 Even as EV Sales Fell
Ford (NYSE: F) sold 456,972 vehicles in America in the first quarter of 2023 which made it the best-selling brand. The company’s EV (electric vehicle) sales meanwhile plummeted and it fell to the fifth rank in electric car sales. Ford’s... -
Update on Cryptocurrency Industry: Regulatory Developments and Market Trends
The cryptocurrency sector has been facing severe measures by US regulators and policymakers are keenly watching the cryptocurrency market. It is worth mentioning that Commodities Futures Trading Commission (CFTC) filed official charges against Binance for allegedly violating the Commodity Exchange... -
Gucci and Yuga Labs Announce the Launch of NFT-Tied Otherside-Themed Jewelry
Luxury fashion brand Gucci has announced a metaverse-based partnership with Yugo Labs to launch the Otherside-themed jewelry that will blur the gap between the real and virtual worlds. Gucci & Yuga Labs Collaboration: A New Path for Luxurious Digital Fashion... -
Bitcoin Ordinals Set New Record in Daily Inscriptions Due to BRC-20 Tokens
Due to the recent launch of the BRC-20 token standard, the Bitcoin Ordinals reached a new high of 58,179 inscriptions on April 2, breaking the previous record of 31,692 set on March 9. Bitcoin Ordinals Hit New Price Level The... -
Tesla Q1 Deliveries Rise to Record High but Fall Short of Estimates
Tesla (NYSE: TSLA) reported its deliveries for the first quarter of 2023 yesterday. While the company’s deliveries rose to a new record they fell short of what the market was expecting. Tesla produced 440,808 cars in the first quarter and... -
FTX Collapse Sparks Surge in Demand for Ledger’s Secure Storage Solutions and $100 Million Funding Round
FTX, a cryptocurrency exchange, declared bankruptcy on November 11, 2022. However, the reason could be associated with the fact that numerous consumers withdrew their funds, and the company did not have sufficient reserve assets to fulfill their demands. Thereby, Sam...
