Cryptocurrency Analysis and News Portal
Netflix is postponing the broad rollout of its password-sharing crackdown, which was originally scheduled for the first quarter. Netflix Inc (NASDAQ: NFLX) released mixed financial results for the first quarter that ended March 31 as it postponed its password-sharing crackdown. While the company topped analysts’ estimates in the quarterly earnings, revenue
Read More
The non-binding poll seeks to do a temperature check of sentiment toward launching yETH. Source
Read More
During the first three months of the year, Delta Air Lines reported adjusted operating revenue of $11.8 billion whereas analysts expected $11.99 billion. One of the oldest and busiest American airlines Delta Air Lines Inc (NYSE: DAL), has reported its financial results for the first three months of 2023 (Q1 2023)
Read More
According to several reports, a bug introduced to the decentralized exchange (dex) protocol Sushiswap’s smart contract has resulted in more than $3 million in losses. The blockchain and smart contract security firm Peckshield explained the exploited contract was “deployed in multiple blockchains.” Dex Platform Sushiswap Suffers From Smart Contract Exploit Over the
Read More
Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin's (BTC) 3.6% price increase and Ether's (ETH) 5% gain.Total crypto
Read More
The world of blockchain and cryptocurrency is constantly evolving. As a rapidly changing market, investors should keep up with the latest trends. Recently, interest in alternative investments triggered by the global banking crisis, such as Silvergate and Silicon Valley Bank (SVB), has been focused on the cryptocurrency market. Interestingly, according to
Read More
A recurring pattern of recent employee layoffs among tech giants reveals these companies are hedging against economic uncertainties. Despite the current economic conditions, a number of tech giants are still likely to embark on company layoffs even though they are turning profits. These layoffs have been ascribed to a slowdown in
Read More
According to a statement on Mar. 9, bank messaging platform Society for Worldwide Interbank Financial Telecommunications, or SWIFT, disclosed that the financial institution witnessed positive results related to its pilot test of linking different central bank digital currencies (CBDCs).During a 12-week testing period, SWIFT simulated nearly 5,000 transactions between two
Read More
German apparel giant Adidas suffered heavy losses for Q4 2022 and looks to rebuild its business model throughout 2023. Adidas AG recently released its Q4 2022 financial report, which revealed heavy losses sustained on several tiers. For the fourth quarter of last year, the German apparel giant suffered an operating loss of 724
Read More
Federal Reserve Bank of Atlanta’s president has warned of disastrous economic consequences similar to those seen during the financial crisis of the 1970s if the Fed loosens its policy prematurely. Noting that “inflation remains too high,” he stressed: “We don’t want a repeat, so we must defeat inflation now.” Fed Officials
Read More