Tag Archives: News

Despite expressing positive revenue projections for 2023 and accelerating its profitability timeline in February, Grab is now planning a fresh round of layoffs. Grab Holdings, a Singapore-based ride-hailing and food delivery company, is gearing up for its largest round of layoffs since the pandemic, according to a report by Bloomberg on Tuesday. Sources familiar with the matter stated that the company would officially announce the planned job cuts this week, which is expected to surpass...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up An IIT Kanpur student named Shubransh Nayak and several of his friends were detained by Naupada police after evidence emerged they were involved in a crypto fraud scheme. Naupada Police Investigate Crypto Scam A police report issued the following statement: The initial complaint is of ₹2.5 lakh, but the scam...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price seems to be recovering above the $0.25 level against the US Dollar. The price is now trading below $0.288 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.260 on the 4-hour chart (data feed via Coinbase). The price could gain...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is eyeing an upside break above the $1,760 resistance against the US Dollar. ETH price is now trading above $1,720 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $1,725 on the 4-hour chart (data feed from Coinbase). The pair could...

Ray Wang, Constellation Research Principal Analyst, believes that due to market changes FAANG should be replaced with MATANA in stock ranking. In the ever-evolving tech world, the dominance of FAANG – Facebook Inc, now Meta Platforms Inc (NASDAQ: META), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), Netflix Inc (NASDAQ: NFLX), and Google alongside its parent company Alphabet Inc (NASDAQ: GOOGL) – has been unquestionable. However, as the sector evolves, some experts suggest that...

A court in Montenegro has found Do Kwon guilty of document forgery and has sentenced him to jail. Kwon will remain in custody longer pending the country’s response to an extradition request. CEO and co-founder of Terraform Labs Do Kwon has been found guilty of document forgery and sentenced to a four-month jail term. Kwon was convicted and sentenced by a Basic Court in Podgorica, the capital of Montenegro. Authorities in Montenegro arrested Do Kwon back in March for carrying fake...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Trade Station Group, Inc. – a company in Florida that provides self-clearing online brokerage services for trading options, futures, stocks, and digital currencies – is joining hands with the University of Miami to help the organization launch its first ever Business of Blockchain Technology Conference, an...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Mathieu Michel – the digital minister of Belgium – is confident that what the European Union (EU) has in store for bitcoin, crypto, and blockchain will be huge not just for the continent, but for the world. Mathieu Michel Discusses the Prospects of the EU’s Crypto Regulation Not long ago, the region of Europe...

The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators. The Ethereum (ETH) network is best described as art in development amid mainstream crypto and blockchain adoption. With the proof-of-stake (PoS) still young under the beacon chain, the Ethereum core developers continually engage each other on ways to help in the decentralization aspect. Moreover, the...

Warren Buffett has again increased its stakes in the 5 large trading firms in Japan where Berkshire Hathaway had a 7.4% stake. American multinational conglomerate holding company Berkshire Hathaway (NYSE: BRK) has increased its stake in a few trading firms in Japan through a wholly-owned subsidiary, National Indemnity Company. The average stake in these firms is over 8.5%. Berkshire Hathaway announced that National Indemnity Company now has more stakes in Mitsubishi, Marubeni, Sumitomo,...