Tag Archives: News

The Terran Orbital Q4 2022 release revealed revenue increases on a quarter-on-quarter and year-on-year basis. Satellite maker Terran Orbital (NYSE: LLAP) recently posted its Q4 2022 earnings report, revealing an annual revenue increase of $94.2 million. This figure is more than double what Terran Orbital made in 2021. Terran Orbital’s revenue haul for Q4 2022 represented an increase of 130% year-over-year. The company reported that revenue grew from $27.8 million in the third quarter to...

Sweden’s largest pension fund Alecta dumped its First Republic Bank stake at a $728 million loss amid broader US banking losses.  Swedish pension fund Alecta recently offloaded its First Republic Bank (NYSE: FRC) shares following the latter’s massive drawdown. The leading Swedish pension fund was the fifth-largest shareholder at the embattled bank but now appears to have lost faith in First Republic. According to Alecta CEO Magnus Billing, uncertainty regarding the future of First Republic...

Solana price started a decent increase above the $21.50 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $22.30 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $24.00 and $25.00 to continue higher in the near term. Solana price is trading above $22 against the US Dollar, similar to bitcoin. SOL could start a...

Bitcoin price started a fresh increase above the $25,000 zone against the US Dollar. The price is now trading above $27,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $28,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if there is a clear move above $28,500 level. Bitcoin price is showing positive signs above $27,000 against the US Dollar. BTC might gain...

The Federal Bureau of Investigation (FBI) has released a new report suggesting that more than $13 million was stolen from residents of the state of Oregon during the first ten months of 2022. For individuals like Dennis Corey, who lost hundreds of thousands of dollars to crypto fraud, the situation couldn’t be any worse. Dennis Corey Has Lost a Lot of Money Based in the city of Portland, Corey explained in a recent interview that he parted with $200,000 worth of funds...

When it finally goes live, Metatime will be competing with the likes of established crypto exchanges serving the Turkish community including Coinbase-linked BtcTurk, Bitay, and Paribu amongst others. Turkish digital currency startup Metatime has raised the sum of $11 million in a new funding round as it looks to double down on protocol development. As reported by The Block, the funding round took place in two token sale rounds with some of the biggest investors from Turkey, Denmark, and...

UAE’s largest free-trade zone DMCC recently struck a partnership with Enya Labs to enhance its DMCC Crypto Center further.  Leading decentralized infrastructure solutions developer Enya Labs has entered a partnership with Dubai Multi Commodities Center (DMCC). The collaboration between the Boba Network core contributor and DMCC seeks to further consolidate the latter’s crypto center ecosystem. By significantly supporting Boba-leveraged Web3 and blockchain business growth in Dubai, the Enya...

Joseph Taschetta has recently been dubbed the 2022 officer of the year in the Pensacola police department after discovering an international cryptocurrency fraud ring. Joseph Taschetta Hailed as Officer of the Year Taschetta garnered the award after someone from India called an elderly woman in the region of Pensacola and convinced her to transfer all her money into a fake bitcoin outlet. The idea was that the woman had an outstanding warrant against her and paying the...

Maria Carola is the CEO of crypto exchange Stealth EX, a non-custodial platform built for limitless swaps. Maria Carola and the Building of Stealth EX In a recent interview, Carola sat down and discussed how Stealth EX came to be and what it’s looking to accomplish. Discussing her background in crypto, Carola stated: My name is Maria Carola, and I’m the chief executive officer of Stealth EX. I’ve been working full-time in crypto for about seven years now, doing marketing...

The FDIC and Fed are looking for ways the US government can guarantee all bank deposits amounting to $17 trillion should the financial turmoil worsen. The US government is considering ways to guarantee bank deposits if the current banking crisis worsens. According to reports, the Federal Deposit Insurance Corporation (FDIC) and Federal Reserve are exploring a potential guarantee of all US bank deposits. Officials from both parastatals embarked on this scheme on advice from a banking...