Tag Archives: News

The integration of Spotify with NFT projects including Moonbirds has helped its stock rally more than 80 percent YTD. The Moonbirds (MOONBIRD), an Ethereum ERC-721 NFT token with a total supply of 10k units, has announced a strategic partnership with Spotify Technology S.A (NYSE: SPOT) to enable the NFT holders to unlock certain music creations on the online platform. According to the announcement, Moonbirds holders in the United States, the United Kingdom, and Australia, another few...

Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions.  Semiconductor Manufacturing International Corporation (SMIC) has seen its revenue fall according to its latest quarterly figures. On Friday, the Chinese chipmaking giant posted revenue of $1.46 billion for Q1 2023 amid challenging macroeconomic parameters. In addition to being down 20.6% year-on-year (YoY), SMIC’s latest revenue haul represents the first...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Hackers in North Korea have installed new code across a wide array of apps as a means of breaking into digital currency exchanges and related companies. North Korea Is Up to Its Same Old Tricks The nation has long played host to notorious hacking groups such as Lazarus, which are eagerly seeking new ways to...

CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023.  Crypto trading data analyzer CryptoQuant recently weighed in on Bitcoin’s (BTC) price potential and appeal in 2023. In a media session, representatives from the crypto trading analyzer opined that more institutions could shore up on BTC later this year. The decentralized data provider’s reps also forecasted the prominent token returning to its previous record high by...

The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities. The US House Committee on Financial Services has given the Securities and Exchange Commission (SEC) Chair, Gary Gensler, an ultimatum to respond to its requests. The committee is asking for access to internal documents concerning the SEC’s activities, especially about the agency’s proposed climate rule and charges against the former FTX CEO. Despite the congressional...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A new survey suggests that millennials and Gen Z are getting into luxury items. Luxury watchmakers are now taking advantage of this and looking to attract younger buyers using products like bitcoin and Snapchat. Millennials Don’t Usually Wear Watches The funny thing is that many millennials and younger...

Yaccarino, over the recent months, has assisted Twitter in re-establishing its repertoire with advertising agencies. According to Wall Street Journal report, NBCU’s Head of Advertising Linda Yaccarino is all set to become the next Chief Executive Officer of Twitter. The news comes hours after Elon Musk’s announcement via Twitter that he has appointed a new CEO. Yaccarino, who devoted a major part of her life and career to WarnerMedia’s TV operations before joining NBCUniversal ten years...

The new blockchain called NewChain will be closely linked with Ethereum, promising increased governance security of the ecosystem. MakerDAO, the issuer of the DAI stablecoin, has revealed its plans for a major update it calls the “Endgame”, this follows after the platform recently published a detailed roadmap of the upcoming update. According to the May 11 announcement, the update will take place in five phases and will effect changes that will use artificial intelligence (AI) tools and...

The biggest beneficiary of this move in the long term will be Tesla shareholders, considering the firm is the only publicly listed entity tied to Elon Musk The shares of American multinational technology company Tesla Inc (NASDAQ: TSLA) are seeing an impressive uptick as investors appear elated that the company’s Chief Executive Officer, Elon Musk is setting his priorities right. As reported earlier by Coinspeaker, the iconic entrepreneur and founder said he is stepping down from his...

The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators.  As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong crackdown by the United States federal regulatory authorities. Currently, CZ is the majority stakeholder currently in Binance.US, as reported by The Information citing sources familiar...