Crypto news

Online discussions continue to swirl around Ledger’s new firmware update for its crypto hardware wallet, which experts have claimed could put users’ private keys at risk.  Ledger published a Twitter thread on Wednesday attempting to alleviate concerns around the safety of users’ assets, but published a self-contradictory and confusing tweet that stoked the flames of controversy even further.  Ledger’s Worrying Tweet In a now-deleted tweet, Ledger support verified criticisms...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A group of business owners have gathered in Brazil to create a new economic center to accept bitcoin as a form of payment. Bitcoin Is Getting Bigger in Brazil Known as the Praia Bitcoin project, the engagement is designed to set a world record for peer-to-peer transactions on the Lightning Network, which as we...

Brad Garlinghouse, the chief executive officer of blockchain company Ripple, believes more crypto firms and businesses will leave the United States due to confusing regulations in the country. During an interview with CNBC, the CEO said the confusion in the country would push crypto entrepreneurs and investments into other friendly regions like Europe, the United Arab Emirates (UAE), the United Kingdom, and even Singapore. Regulatory Confusion in the U.S. Garlinghouse noted...

The integration of TradingView will give Binance users access to a wide range of tools while exposing Binance products to traditional investors. The Binance Spot market trading platform has been integrated with TradingView, a leading charting platform that offers traders a greater insight into the markets. The news broke via a press release seen on Thursday, May 18. Providing Greater Insight into the Market via Tools and Data With the integration, users of Binance will have access to a...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Coinbase – the largest and most popular crypto exchange in the U.S. – has confirmed it’s going to be integrating the bitcoin Lightning Network onto its platform, thus ensuring bitcoin transactions scale and move along at quicker paces. Coinbase and Lightning: The Perfect Match? The Lightning Network has been...

The CBDC Private Ledger, according to Ripple, will handle tens of thousands of transactions per second. Popular blockchain payments firm Ripple Labs Inc is set to launch its own Central Bank Digital Currency (CBDC) platform, which will allow central banks, governments, and financial institutions to issue digital currencies. The news comes shortly after Ripple and the Central Bank of Montenegro agreed to collaborate on the development of a pilot project for a national digital currency....

The job cuts will happen despite an increase in its network connection, whereby BT Group reported a total of 8.6 million 5G connections, up 62% last year. Shares of BT Group PLC (LSE: BT.A) dropped as much as 8 percent on Thursday to trade around £136.85. The sudden drop in the £14.91 billion valued British multinational telecommunications holding company was attributed to the announcement that between 40,000 to 55,000 of its workforce will be reduced by 2030. According to the company, the...

Walmart “leveraged expenses and expanded operating margin” in Q1 2023 and now expects a 3.5% increase in consolidated net sales for the year.  Walmart Inc (NYSE: WMT) has raised its 2023 full-year guidance following its stellar Q1 earnings report. On Thursday, the multinational retail corporation reported better-than-expected revenue, which was boosted by grocery and online businesses. For the first quarter of the year, Walmart posted revenue of $152.30 billion compared to the $148.76...

The investor community is brewing with optimism as it expects AI to drive profit growth at a time of rising borrowing costs and supply chain problems Although the onslaught of artificial intelligence (AI) is creating a major disruption in the market date, banking giant Goldman Sachs is bullish about the tech and expects it to boost the S&P 500 profits over the next decade. The emergence of ChatGPT from OpenAI and several AI platforms subsequently, has created a significant storm in the...

Sony could pursue a partial divisional spin-off by listing its finance unit within the next two to three years. Sony Group Corp is reportedly mulling a partial spin-off and listing of its finance unit just three years after assuming full ownership. The Japanese multinational conglomerate could retain a stake of slightly less than 20% of Sony Financial Group. In addition to a possible spin-off, Sony is also focusing on other operational plans, including strengthening its entertainment and...