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NKE Stock Down 5%, Nike Reports Mixed Results for Fiscal Third Quarter, Sales Decline Due to US Port Congestion

Being optimistic about the current fiscal quarter, Nike expects the European government to lift restriction bans in April.American multinational corporation Nike Inc (NYSE: NKE) has reported mixed financial results in its fiscal third quarter. The earnings result for the third quarter, which ended on the 28th of February, 2021, was announced by

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As DeFi Deflates, Ethereum Users Get Reprieve From Soaring Fees, Congestion

A slowdown in cryptocurrency trading on so-called decentralized exchanges has helped to alleviate congestion on the Ethereum blockchain, at least temporarily mitigating concerns that the network was becoming overloaded.On Uniswap, the biggest decentralized exchange, or DEX, daily trading volumes have crashed to $224 million, versus a record high of $954

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First Mover: Tron’s Play for WBTC Shows Competition to Relieve Ethereum Congestion

Compared with the traditional financial system, the cryptocurrency industry is evolving fast. Technologists are experimenting with the vast-reaching potential of blockchain. And regulation is typically immature, inconsistent and unevenly applied across international borders, allowing entrepreneurs to move fast and break things, as it were. But there’s also no shortage of competition. The

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