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But Peter Johnson, the lead plaintiff, claimed that Maker advertised the over-collateralization policy as a safeguard that caps losses at 13% and that the collateral would return to users. When ETH’s price sharply dropped in March 2020 during a market-wide crash, his position and that of many others on the
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Netflix shares dropped 5% after the company announced it is slashing prices in Asia, the Americas, and the Middle East. Netflix (NASDAQ: NFLX) recently saw its shares fall following news that the company had slashed its subscription prices. According to reports, the streaming giant attempted to increase subscriber growth by slashing
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Lime entered 2022 with a very robust capital base, helping it survive the liquidity crunch that many firms on Wall Street had to face. American micro-mobility and electric scooter company Lime has announced a full year of profitability in 2022 for the first time in its history. According to a
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Should JD.com be operating in a whole new niche, the prediction of its ability to bounce back might be somewhat difficult. The stiffening competition that may be tagged as a healthy twist for Chinese retail consumers can be said to be a major bane for e-commerce giant JD.com Inc (HKG: 9618).
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Globant, a Luxembourg-based tech giant with Argentine origins, has referred to the short-term future of the metaverse in its latest Tech Trends report. According to the company, this year the metaverse will “burn bright or burn out,” as it needs to show its potential when compared to other trendsetting tech
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Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers. Original Source
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A 48% Bitcoin (BTC) price surge since the start of the year has pushed BTC's market cap past that of payment processing giant Visa once again.With the BTC price currently at $24,365, its market cap of $470.16 billion is now marginally above that of Visa with a market cap of $469.87
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German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it
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The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury. A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one
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