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Nike Stock Crashes as Slowdown Woes Offset Q1 Earnings Beat
Nike (NYSE: NKE) stock is trading sharply lower in US premarket price action today and looks set to fall to a new 52-week low. The company released its fiscal first quarter 2023 earnings yesterday after the markets closed. While the... -
CEO of Celsius Network Resigns Immediately as Bankruptcy Woes Continue
According to a press release, Alex Mashinsky, the CEO of the bankrupt cryptocurrency lender Celsius Network, has resigned effective immediately. The organization's founder resigned from the board of directors' special committee. Chief Financial Officer Chris Ferraro has been named chief... -
Should I Use a VPN When Trading?
Crypto trading has been gaining popularity rapidly, with hundreds of new traders joining the market daily. Of course, there are plenty of attractive qualities about crypto trading. Just some of them include the increased control traders get over their wealth... -
The Beginner’s Guide To MANA
Decentraland is popular software that is backed by the Ethereum blockchain. The primary objective of this virtual reality platform is to change the way organizations are making their revenue. The Decentraland users are permitted to purchase and sell real estate... -
IRS Gets New Authority to Investigate “Unknown Taxpayers”
The U.S. tax authority, the Internal Revenue Service (IRS), announced last week that it had received approval from a U.S. District Court Judge to issue a “John Doe” tax summons, effectively granting it the authority to investigate unidentified crypto taxpayers.... -
Meta Platforms Stock Continues to Crash amid Tech Sell-Off
Meta Platforms (NYSE: META) stock fell to a new 52-week low yesterday. The stock is now down almost 60% for the year and has been falling from one low to the other. At its peak in September 2021, META had... -
Amazon’s Inactivity Cost Crypto Investors $235,000
According to an inquiry, Amazon did lose access to the IP addresses used to host cloud services, and it took more than three hours to regain control, making hackers one of the affected customers. To dupe its customers out of $235,000 in... -
Brazilian Police Raids Offices of Several Local Crypto Exchanges in Investigation Probe
The Brazilian Federal Police has begun a sweeping investigation into tax evasion and money laundering using cryptocurrencies. Presently, the Brazilian police force has raided the offices of about six cryptocurrency exchanges. Operation Colossus Heats Up According to local news sources,... -
Coinbase Denies Creating a Proprietary Trading Business Reports
Coinbase, the world's largest cryptocurrency exchange, has denied allegations that it considered establishing an internal trading desk that would have traded and staked cryptocurrency using company assets. This was in response to a Wall Street Journal report that the US... -
Prioritising Skincare, Mental Health And Innovation, FOREO Is The First Ever Skincare Brand To Launch Their New Range In NFT Form Before Conventional Launch
Stockholm, September 19: Trends are not new to the beauty industry and with the popularity of digital tokens and blockchain technology, there is now a whole new platform for innovation. Taking advantage of the potential and bringing fantastic opportunities to...