Immutable Checkout boasts a one-stop-shop payment solution for digital products like in-game items and NFTs. Immutable has introduced a new payment solution for decentralized games and the Web3 marketplace. Reports state that the blockchain gaming firm’s new scheme promises to make payments more seamless and straightforward. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the...
Read More »PacWest Cuts Dividend as Regional Banks Recovery Deepens
Regional banks are financial institutions that operate in specific geographic areas of the country and often provide a variety of banking services such as deposit accounts, loans, and other financial goods. PacWest Bancorp (NASDAQ: PACW), an American regional bank with headquarters in Beverly Hills, California has reduced its shareholder’s dividends amid the current banking crisis. This bold gesture has helped ticked the sheer recovery in the shares of the regional bank. As reported by...
Read More »Ripple CEO Brad Garlinghouse Reveals Legal Cost of Fighting SEC at Dubai Fintech Summit
Garlinghouse expects the Judge to issue a summary ruling on the SEC vs Ripple case before the end of this year. The SEC vs Ripple Labs lawsuit is slated to be one of the largest legal fights for blockchain and cryptocurrency development in the United States for the next decades. Already, hundreds of projects on Ethereum using the ERC-20 standard, and other Layer One blockchains that undertook initial coin offerings (ICO) in the United States are eagerly waiting for the final ruling by...
Read More »Q1 of 2023 Was the Best Quarter for Bitcoin in 2 Years
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up For bitcoin, 2023 has been a year of vast turnaround. A report was issued in late March showing that the world’s number one digital currency enjoyed three straight months of solid gains, and the asset doesn’t appear to be showing serious signs of slowing down. Bitcoin Has Had a Great Year Thus Far This is a...
Read More »DISH Q1 2023 Results Sees Company Miss Estimates on Earnings & Revenue
Satellite TV provider DISH fell short of EPS and revenue expectations for Q1 2023 amid its sustained stock devaluation troubles. DISH Network Corporation (NASDAQ: DISH) has published Q1 2023 numbers that missed earnings per share (EPS) and revenue estimates. The satellite television and telecommunications company’s reported EPS for the first quarter was $0.35 compared to the consensus estimate of $0.36. Also, DISH’s revenue came in at $3.96 billion versus the $4.06 billion analysts...
Read More »Report: Singapore Remains a Huge Crypto Haven Despite Trust Dips
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The Independent Reserve Cryptocurrency Index claimed in a recent report that the digital currency world, despite taking several hits in the trust department, is still enjoying active trading among people in Singapore, who appear to be as steady in their investing as ever. Singapore Still Loves Crypto Crypto...
Read More »Coinbase CEO Says Exchange Would No Longer Exit US amid Regulatory Scrutiny
The SEC served Coinbase with a Wells Notice in March to signal an upcoming enforcement action against the exchange. The CEO of top American cryptocurrency exchange Coinbase Brian Armstrong has hinted that the exchange will not bow to pressure from the US Securities and Exchange Commission (SEC). Armstrong, who has been openly critical of SEC and its chair Gary Gensler, made more accusations on Monday. In a bare-it-all interview with CNBC on Monday, Armstrong suggested that Gensler leads...
Read More »South Korean Lawmaker Under Scrutiny over Suspicious Crypto Transfers
Rep. Kim Nam-kuk of the Democratic Party of Korea has allegedly withdrawn a massive 800,000 WEMIX tokens in the period between late February to early March 2022, just before the introduction of the global standard-setter FATF’s travel rule on March 25, 2022. In the latest development, South Korean authorities have reported local authorities regarding a series of crypto transfers by opposition party lawmakers, sparking domestic outrage and a potential conflict of interest. As per the...
Read More »Qualcomm Acquiring V2X Chip Maker Autotalks for $350-400M
The automobile industry is becoming an increasingly important market for chipmakers such as Qualcomm as the number of electric vehicles and cars equipped with advanced driver assistance systems (ADAS) grows. American multination tech giant Qualcomm Inc (NASDAQ: QCOM) is looking at expanding its footprint in the automotive business through the acquisition of Autotalks, an Israeli firm that specializes in producing chips used in vehicle crash prevention technologies. Qualcomm announced on...
Read More »Baidu to Make Its First Entry into Smartphone Market Next Week
The move appears to signal the intent of Baidu to create a hardware ecosystem that will complement its already prominent internet services. Beijing-based internet company Baidu might be only a week away from launching the brand’s first-ever smartphone. According to a Bloomberg report, the smartphone represents another addition to Baidu’s growing portfolio of smart gadgets. However, the move appears to signal the intent of Baidu to create a hardware ecosystem that will complement its...
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